Top 10 Billionaires in South Africa & Net Worth (2023)

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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

Elon Musk

Citizenship:  Canada, South Africa & United States
Net Worth: 18.2 billion
Source of Wealth: Technology

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2. Patrick Soon-Shiong

Patrick Soon-Shiong

Citizenship: South Africa & United States
Net Worth: 7.6 billion
Source of Wealth: Pharmaceuticals

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3. Nicky Oppenheimer

Nicky Oppenheimer

Citizenship: South Africa
Net Worth: 7.4 billion
Source of Wealth: Diamonds, Gold

4. Johann Rupert

Johann Rupert

Citizenship: South Africa
Net Worth: 5.9 billion
Source of Wealth: Luxury goods

5. Christo Wiese

Christo Wiese

Citizenship: South Africa
Net Worth: 5.1 billion (as of 2016)
Source of Wealth: Retail

6. Koos Bekker

Koos Bekker

Citizenship: South Africa
Net Worth: 2.3 billion
Source of Wealth: Media, Investments

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9. Patrice Motsepe

Patrice Motsepe

Citizenship: South Africa
Net Worth: 2.2 billion
Source of Wealth: Mining

8. Allan Gray

Allan Gray

Citizenship: South Africa
Net Worth: 1.57 billion
Source of Wealth: Money management

9. Jannie Mouton

Jannie Mouton

Citizenship: South Africa
Net Worth: 1.3 billion
Source of Wealth: Financial services

10. Stephen Saad

Stephen Saad

Citizenship: South Africa
Net Worth: 1.09 billion
Source of Wealth: Pharmaceuticals

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