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.

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Fri May 24 16:59:30 SAST 2013 ::

Sep 18, 2012

MorenaWaPolelo

Ok
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Sep 18, 2012

MJOKA

These idiots they've got money jerr
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Sep 18, 2012

RobinH

So these are the "white mine bosses" that miners and the more vocal lunatics on this site say are exploiting the people. A strange shade of white this....... They say the Inuit (Eskimo) language has no term for what we know as "green", but 17 terms for the shade we call "white". I guess that might explain this.
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Sep 18, 2012

Vhamsanda

Patrice Motsepe is always mentioned as the richest man in South Africa while little or nothing is mentioned about his wife. Are they not the richest family ?
Ho nkga lefotha mona.
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Sep 18, 2012

somaartakeit

what earth shattering news Sowetan you truly are a disgrace to the memory of late Aggrey Claassen founder of Sowetan, have you go no shame? cause frm the time Sowetan was founded with very little by way of advanced technology, and now it should be the best read but no it carries BS stories which have no barrings on national development or helping the nation to be informed, even the news most times are without basis, always source is 'deep throat' or something stupid like that, Sowetan where do you recruit these ppl posing in your offices as journalists?
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Sep 18, 2012

Zabaragast

The comrades have really done well for themselves.
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Sep 18, 2012

RobinH

somaar: On this one I'm afraid I disagree. Sure, I think many of us had an inkling of 1) who the money really is and 2) who has shares where, but it is interesting to see the extent of the wealth and financial clout. Also, in the current mining gemors and the racist rhetoric that abounds as a result, I think it might just be useful to inform the louder malletjies out there.
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Sep 18, 2012

RobinH

Zabaragast: Capitalist comrades: What irony!!!!
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Sep 18, 2012

LAC

Well done
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Sep 18, 2012

KennyS

Currently I'm R127,05c bloody unfair I tell you mate!!!
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