While South Africa has seen great change over the past 20 years - TopicsExpress



          

While South Africa has seen great change over the past 20 years both politically and economically, have the racial and gender demographics of the top 10 richest changed that much? The following list speaks for itself: Nicky Oppenheimer Who: Had 40% ownership of DeBeers Diamond mining company which he then sold to mining company AngloAmerica. Worth: $6.8 billion How: Inherited from his grandfather Ernest Oppenheimer. Education: Studied Politics, Philosophy and Economics at Oxford University and went on to do an MA. Lives in: London and Johannesburg Ivan Glasenberg Who: CEO of Glencore International Plc. the mining and trading company. Worth: $6.7 billion. How: Self-made money. Education: Received a Bachelor of Arts/Science from the University of Witwatersrand and a Master of Business Administration from the University of Southern California. Lives in: Switzerland Johann Rupert Who: Chairman of the Swiss-based company Richemont which sells luxury goods. He is also chairman of the South African based company Remgro. Worth: $5.1 billion. How: Inherited from the companies from his father, but has also made his own money through investments. Education: Started a degree in economics and company law at the University of Stellenbosch, however dropped out to pursue his career. In 2004 Rupert was given an honorary doctorate in economics from the University of Stellenbosch. He was also awarded an honorary doctorate in commerce from the Nelson Mandela University in 2008. Lives in: Cape Town Christoffel Wiese Who: Christoffel is the Executive Director of Shoprite. His leadership in the company led to its growth from its original eight stores to over 1 300 stores across Africa. Worth: $3.7 billion. How: Self-made. Education: Wiese studied at the University of Stellenbosch receiving both a Bachelor of Arts/Science degree and a LLB. Lives in: Cape Town Patrice Motsepe Who: Owner and creator of African Rainbow Minerals, the mining conglomerate. Motsepe is also a stakeholder and deputy chairman of Sanlam and the president and owner of Mamelodi Sundowns Football Club. Worth: $2.65 billion. How: Self-made. Education: Gained a BA from the University of Swaziland and a law degree from the University of Witwatersrand. He was also the first black partner at the law firm Bowman Gilfillan. Lives in: Johannesburg Elon Musk Who: Engineer and entrepreneur who currently lives in the USA but grew up in Pretoria, South Africa. He is the co- founder of PayPal, SpaceX and Tesla Motors. Worth: $2 billion. How: Self-made Education: A Bachelors degree in Business from the Wharton School and a Bachelors degree in Physics from the University of Pennsylvania. Lives in: USA Wendy Appelbaum Who: She inherited her worth from the Gordon Family Trust but she is also the owner and chair of De Morgenzon Wine Estate. She also holds shares in Liberty Group and is the Director of Sphere Holdings Ltd. Worth: $1.99 billion. How: Mainly inherited. Lives in: Stellenbosch, Western Cape. Wendy Ackerman Who: The Non-Executive Director of Pick ‘n Pay Holdings. Worth: $1.46 billion. How: From her own work and also the Ackerman Family Trust. Lives in: Cape Town. Stephen Saad Who: The co-founder of Pharmacare, the largest publicly traded Pharmaceutical company on the Johannesburg stock exchange. Worth: $975 million. How: Self-made. Education: Bachelor of Commerce at the University of Kwa-Zulu Natal and Associates Degree from South African Institute of Chartered Accountants.
Posted on: Tue, 20 Aug 2013 19:49:36 +0000

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