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-Rivers mine, owned by ARM. PHOTO: Sourced/Wikipedia

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.

PHOTO: Sourced/GovernmentZA

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.

ARC listing with Johan van Zyl, Patrice Motsepe, and Johan van der Merwe

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.

PHOTO: Sourced/Flikr

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 MineralsAfrican Rainbow Minerals PlatinumModikwa
 Two Rivers
African Rainbow Minerals FerrousSakura 
 Cato Ridge Alloys
 Cato Ridge Works 
African Rainbow Minerals CoalParticipative Coal Business  
Harmony GoldHarmony Gold
African Rainbow CapitalTelecomsRain
Mining, construction and energyAfrimat
 ARC Services
 Kropz Group
Business process outsourcing  Autoboys
  Capital Appreciation
  Consumer Friend  
  CSG Holdings  
 PropertyARC Real Estate
  ARC Property Development  
  Val de Vie
 AgricultureAcorn Agri & Food
 Private equityARC Investments
  Fledge Capital Investments
  ARCH Emerging Markets Fund of Funds
 Asset ManagementAlexforbes
  InFund Solutions
  Khumo Capital 
  Lima Mbeu
  Sanlam 3rd Party Asset Management
 InsuranceCapital Legacy 
  Rand Mutual Holdings
  Simah Risk
  National Health Services
  Smart Health Investments
 Specialist servicesA2X
  Alternative Prosperity
  Constellation Capital
 Banking and digitalARC Impex Solutions
  AI Fund
  Tyme Global
Ubuntu-Botho InvestmentsUBISanlam
Sports teams Mamelodi Sundowns
  Blue Bulls
African Rainbow Energy and Power AREPAfrican Rainbow Energy and Power 


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