Patrice Motsepe

Patrice Motsepe Tlhopane ( born January 28, 1962 in Johannesburg) is a South African entrepreneur, billionaire and held senior positions at various South African mining companies. His group African Rainbow Minerals include platinum, gold, nickel, copper, iron and coal mines. Even in the crisis year of 2009 generated Motsepes company achieved operating income of nearly 600 million dollars.

Life

Parents Motsepes lived before he was born in the townships of Johannesburg. His mother comes from a royal line of the Tswana tribe, his father was an opponent of the apartheid government in South Africa and owned a grocery store.

Motsepe studied law at the University of Swaziland and one of the few blacks at Witwatersrand University in Johannesburg. In 1988 he joined Bowman Gilfillan Inc., one of the largest and most successful South African law firms to work. In 1993 he was promoted to the first non-white partner of the firm.

In 1994, the mining company Motsepe Future Mining. Three years later ARMgold (African Rainbow Minerals ), which is listed on the Johannesburg Stock Exchange since 2002. The company ARMgold merged in 2003 with the Harmony Gold Mining Company Ltd. .. More takeovers and mergers followed. Today Motsepe sits on the supervisory and management boards of several major South African companies. For example, keeps Ubuntu Botho Investments, where he is the CEO, 10 percent of the share capital of Sanlam Limited. With the majority interest in coming from Canada TEAL Exploration and Mining Inc. and inclusion in the ARM complex Motsepe increased the capacity of its exploration mining company in Southern Africa considerably.

He was elected by the CEO of the 100 largest South African companies to South Africa's Business Leader of the Year 2002. In the same year he won the Ernst & Young Best Entrepreneur of the Year Award.

Since 2003 he is also owner and president of the South African football club Mamelodi Sundowns.

Private

Patrice Motsepe is married and has three sons. He is considered the first black billionaire and one of the richest men in South Africa.