All the companies billionaire Patrice Motsepe owns
Patrice Motsepe is a South African business giant with a sprawling network of businesses across the mining, financial, and sports industries.
Motsepe has an estimated net worth of R52 billion, according to the Forbes Billionaires List, which makes him one of the richest men in Africa.
He has been widely recognised for his business success and was included on the Forbes 100 Greatest Living Business Minds list in 2017, together with Warren Buffett, Elon Musk, and Mark Zuckerberg.
Motsepe credits much of his business success to what he learned while working in his parent’s grocery store on the outskirts of Pretoria. He regularly interacted with mineworkers who visited the store.
He left for boarding school in the Eastern Cape but returned to Gauteng to study law at the University of the Witwatersrand.
After graduating, he joined the Bowman Gilfillan law firm in 1988 and became a partner in 1994, specializing in mining and business law.
Motsepe started Foundation Mining in 1994 – his first significant business venture.
His rise in the mining sector was meteoric from there. Motsepe took African Rainbow Minerals (ARM) public in 2002, which has interests in a wide range of mines, including platinum, coal, iron, copper, and gold.
Two years later, Motsepe’s investment vehicle, Ubuntu-Botho Investments, acquired a significant stake in Sanlam. Ubuntu-Botha is Sanlam’s empowerment partner.
This partnership has spanned two decades. As of 2022, Ubuntho-Botho owned 17.8% of Sanlam – their largest shareholder.
Motsepe is currently the deputy chair of Sanlam.
The early 2000s were a busy period of acquisitions for Motsepe, which included buying Mamelodi Sundowns, which won the premiership nine times in the years since.
His love for soccer did not stay at owning the top club in the country. He is currently the president of the Confederation of African Football.
A strong rally in African Rainbow Capital’s share price in 2008 pushed Motsepe into the Forbes billionaire list.
Following his success in the mining sector, Motsepe started African Rainbow Capital (ARC) in 2015.
Through ARC Investments, Motsepe has a shareholding in many of South Africa’s top financial, insurance, banking, telecoms, agricultural, and IT companies.
In 2019, Motsepe acquired a 37% stake in the Pretoria-based Blue Bulls Company, to complement his investment in Sundowns.
He hails from Ga-Rankuwa, close to Pretoria, which explains his love for the city’s two biggest sporting teams.
The deal means he owns the Blue Bulls with Johann Rupert’s Remgro and the Blue Bulls Rugby Union.
The Motsepe Foundation was founded in 1999 as a charitable organization to alleviate poverty and improve the living standards of the poor, unemployed and marginalised.
“The Foundation was founded on the philosophy of ‘ubuntu’, the African concept of giving and caring for your neighbour and other members of your community,” according to their website.
All the companies Patrice Motsepe own
Motsepe owns many prominent South African brands through his investment holding companies.
Here is a summary of the companies he owns through African Rainbow Minerals, African Rainbow Capital, Ubuntu-Botho Investments, African Rainbow Energy and Power and his sports franchises.
African Rainbow Minerals organisational structure
African Rainbow Capital’s organisational structure
Table of Motsepe’s holdings
| African Rainbow Minerals | African Rainbow Minerals Platinum | Modikwa |
| Bokoni | ||
| Two Rivers | ||
| Nkomati | ||
| African Rainbow Minerals Ferrous | Sakura | |
| Cato Ridge Alloys | ||
| Cato Ridge Works | ||
| Gloria | ||
| Nchwaning | ||
| Beeshoek | ||
| Khumani | ||
| African Rainbow Minerals Coal | Participative Coal Business | |
| Goedgevonden | ||
| Harmony Gold | Harmony Gold | |
| African Rainbow Capital | Telecoms | Rain |
| Mining, construction and energy | Afrimat | |
| ARC Services | ||
| Kropz Group | ||
| Business process outsourcing | Autoboys | |
| Bluespec | ||
| Capital Appreciation | ||
| Consumer Friend | ||
| CSG Holdings | ||
| Humanstate | ||
| Linebooker | ||
| Moonstone | ||
| GemCap | ||
| Payprop | ||
| Property | ARC Real Estate | |
| ARC Property Development | ||
| Majik | ||
| Val de Vie | ||
| Agriculture | Acorn Agri & Food | |
| RSA | ||
| Subtropico | ||
| Private equity | ARC Investments | |
| Fledge Capital Investments | ||
| ARCH Emerging Markets Fund of Funds | ||
| Asset Management | Alexforbes | |
| Colourfield | ||
| InFund Solutions | ||
| Khumo Capital | ||
| Lima Mbeu | ||
| Portfolium | ||
| QED | ||
| Sanlam 3rd Party Asset Management | ||
| Insurance | Capital Legacy | |
| LifeCheq | ||
| Rand Mutual Holdings | ||
| Simah Risk | ||
| Afrocentric | ||
| National Health Services | ||
| Smart Health Investments | ||
| Specialist services | A2X | |
| Alternative Prosperity | ||
| Bravura | ||
| EdgeGrowth | ||
| Sinayo | ||
| Constellation Capital | ||
| Banking and digital | ARC Impex Solutions | |
| AI Fund | ||
| Crossfin | ||
| Ooba | ||
| TymeBank | ||
| Tyme Global | ||
| Ubuntu-Botho Investments | UBI | Sanlam |
| Sports teams | Mamelodi Sundowns | |
| Blue Bulls | ||
| African Rainbow Energy and Power | AREP | African Rainbow Energy and Power |
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