10 Things you should know about Patrice Motsepe

Patrice Motsepe is widely known as the founder of African Rainbow Minerals. Here are 10 Things you should know about Patrice Motsepe.

1. Patrice Tlhopane Motsepe was born on 28 January 1962.
2. He is a South African mining billionaire businessman and Tswana.
3. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.
4. He sits on several company boards, including being the non-executive chairman of Harmony Gold, the world’s 12th largest gold mining company and more.
5. In 2012 he was named South Africa’s richest man, topping the Sunday Times’ annual Rich List with an estimated fortune of R20.07 billion.
6. ]Patrice was born to Kgosi Augustine Motsepe, a chief of the Mmakau branch of the Tswana people, who had previously been a schoolteacher and who was later a small businessman as the owner of a Spaza shop.
7. It was from this shop that Motsepe learned basic business principles from his father, as well as first-hand exposure to mining.
8. He obtained his Bachelor of Arts degree at the University of Swaziland and a law degree from the University of the Witwatersrand.
9. He specialized in mining and business law.
10. In 1994 he became the first black partner in the law firm Bowman Gilfillan.