Blacks on top of rich list
It pays to be a director at mining firms Exxaro and Optimum Coal.
Research from Who Owns Whom's Rich List 2012 shows that 50% of the 10 richest black Africans in South Africa are linked to Exxaro, while 30% come from Optimum Coal.
Topping the list of the richest black people is mining magnate and football team Mamelodi Sundowns owner Patrice Motsepe (No.1 overall), who has R20-billion in investment value in JSE-listed companies.
Trailing Motsepe is ANC heavyweight and troubled platinum mine Lonmin non-executive director Cyril Ramaphosa (15), whose wealth sits at R3-billion.
With his R2-billion share-holding at Sanlam and Exxaro, Exxaro Resources chief executive Sipho Nkosi (22) is sitting pretty at number three, while the mining firm's non-executive director Zwelibanzi Mntambo's (30) R1.1-billion puts him slightly behind Nkosi.
In fifth position is Optimum Coal's CE Michael Teke (36) withR723- million.
Saki Macozoma (39) is sixth with R634-million , while another Exxaro non-executive director Nkululeko Sowazi (40) is worth R624-million.
Sowazi is followed by his Exxaro colleagues Rain Zihlangu (48) who has R558-million and Mlungisi Kwini (52) with R513-million.
Eliphus Monkoe (54), a former non-executive director of Optimum Coal, sits at number 10 with R505-million.
When it comes to the richest black women, Aspen Pharmacare non-executive chairwoman Nobuhle Dlamini's (151) R157-million gives her the number one spot.
After Dlamini comes Ceramic Industries' non-executive director Noluthando Orleyn (172) at R122-million and Capitec's non-executive director Nonhlanhla Mjoli-Ncube (185), who is worth R109-million.
With R107-million, Dr Anna Mokgokong (189), who last month became Shoprite Holdings's first female director, is at number four.
Nonhlanhla Maziya (220), non-executive director of Wilson Beyly Holmse-Ovscone, is worth of R87-million.
Bidvest Group non-executive director Mathabo Kunene (333) is at number six withR43-million, while Oando non-executive director Nana Appiah-Korang follows Kunene with R38-million.
Mining entrepreneur Daphne Mashile-Nkosi (413) is worth R29-million.