The Republic of South Africa is a country that is home to many wealthy individuals. Through this post, we have compiled a list of South African billionaires based on an annual assessment of wealth and assets compiled.
According to Forbes’, there are certain individuals in South Africa, who are wealthy as they run certain business conglomerates.
South African Billionaires List 2020
1. Elon Musk
Citizenship: Canada, South Africa & United States
Net Worth: 18.2 billion
Source of Wealth: Technology
2. Patrick Soon-Shiong
Citizenship: South Africa & United States
Net Worth: 7.6 billion
Source of Wealth: Pharmaceuticals
3. Nicky Oppenheimer
Citizenship: South Africa
Net Worth: 7.4 billion
Source of Wealth: Diamonds, Gold
4. Johann Rupert
Citizenship: South Africa
Net Worth: 5.9 billion
Source of Wealth: Luxury goods
5. Christo Wiese
Citizenship: South Africa
Net Worth: 5.1 billion (as of 2016)
Source of Wealth: Retail
6. Koos Bekker
Citizenship: South Africa
Net Worth: 2.3 billion
Source of Wealth: Media, Investments
9. Patrice Motsepe
Citizenship: South Africa
Net Worth: 2.2 billion
Source of Wealth: Mining
8. Allan Gray
Citizenship: South Africa
Net Worth: 1.57 billion
Source of Wealth: Money management
9. Jannie Mouton
Citizenship: South Africa
Net Worth: 1.3 billion
Source of Wealth: Financial services
10. Stephen Saad
Citizenship: South Africa
Net Worth: 1.09 billion
Source of Wealth: Pharmaceuticals