Top 10 Patrice Motsepe Companies – All the Companies Billionaire Patrice Motsepe Owns
Explore the top 10 companies owned by Patrice Motsepe, a renowned South African billionaire. Learn about their achievements and impact on the business landscape.
Companies owned by Patrice Motsepe pic.twitter.com/LKJwZRGVt5
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From African Rainbow Minerals to Sanlam, these companies have contributed to the growth and development of various industries in South Africa and beyond.
Introduction
Patrice Motsepe, a renowned South African billionaire, is not only known for his immense wealth but also for his remarkable business acumen. With a diverse portfolio of companies under his belt, Motsepe has made significant contributions to various industries. In this article, we will explore the top 10 companies owned by Patrice Motsepe, highlighting their achievements and impact on the business landscape.
1. African Rainbow Minerals
African Rainbow Minerals (ARM) is a leading South African mining company founded by Patrice Motsepe in 2004. With interests in gold, platinum, coal, and other precious minerals, ARM has played a pivotal role in the growth and development of the mining sector in South Africa.
African Rainbow Minerals Limited is a mining company based in South Africa. ARM has interests in a wide range of mines, including platinum and platinum group metals, iron, coal, copper, and gold.
- CEO: Mike Schmidt (2012–)
- Subsidiaries: ARM Ferrous, MORE
- Stock price: ARI (JSE) 18,925.00 ZAC +606.00 (+3.31%) 8 Mar, 5:02 PM GMT+2 – Disclaimer
- Headquarters: Sandton, South Africa
- Founder: Patrice Motsepe
- Founded: November 2003
- Number of employees: 24,016 (includes contractors)
- Number of locations: South Africa, DRC, Zambia
2. Sanlam
Sanlam is a prominent financial services group in South Africa, and Patrice Motsepe serves as the Chairman. Through strategic investments and acquisitions, Sanlam has expanded its operations across Africa, offering a wide range of financial solutions to individuals and businesses.
Sanlam is a South African financial services group headquartered in Bellville, Western Cape, South Africa. Sanlam is the largest insurance company in Africa. It is listed on the Johannesburg Stock Exchange, the Namibian Stock Exchange and the A2X.
- Stock price: SLM (JSE) 7,372.00 ZAC +172.00 (+2.39%)
8 Mar, 5:00 PM GMT+2 – Disclaimer - CEO: Paul Hanratty (Jul 1, 2020–)
- Subsidiaries: Santam, Sanlam Life Insurance Limited,
- Headquarters: Bellville, Cape Town, South Africa
- Founded: June 8, 1918
3. African Rainbow Capital
African Rainbow Capital (ARC) is an investment holding company established by Patrice Motsepe. ARC focuses on investing in various sectors, including financial services, mining, and telecommunications. The company aims to drive economic transformation and create sustainable value for its stakeholders.
4. Mamelodi Sundowns
Mamelodi Sundowns is a successful South African football club owned by Patrice Motsepe. Under his ownership, the club has achieved remarkable success, winning numerous domestic and continental titles. Motsepe’s passion for sports and commitment to excellence is evident in the club’s performance.
5. Ubuntu-Botho Investments
Ubuntu-Botho Investments is a black-owned investment company co-founded by Patrice Motsepe. It focuses on investing in various sectors, including mining, financial services, and infrastructure development. Ubuntu-Botho Investments aims to contribute to the economic empowerment of previously disadvantaged individuals in South Africa.
6. TymeBank
TymeBank is a digital bank in South Africa that aims to provide affordable and accessible banking services to all. Patrice Motsepe’s investment in TymeBank has helped revolutionize the banking industry by leveraging technology to offer innovative solutions to customers.
7. African Rainbow Energy and Power
African Rainbow Energy and Power (AREP) is a subsidiary of African Rainbow Capital focused on the energy sector. AREP aims to contribute to the development of renewable energy projects in Africa, promoting sustainability and reducing reliance on fossil fuels.
8. African Rainbow Infrastructure
African Rainbow Infrastructure (ARI) is another subsidiary of African Rainbow Capital. ARI invests in infrastructure projects across Africa, including transportation, energy, and telecommunications. The company’s investments play a crucial role in driving economic growth and development.
9. Sekoko Resources
Sekoko Resources is a mining company with interests in various minerals, including coal, copper, and iron ore. Patrice Motsepe’s involvement in Sekoko Resources has contributed to the company’s success and its positive impact on the mining industry.
10. African Rainbow Commodities
African Rainbow Commodities (ARC) is a subsidiary of African Rainbow Minerals. ARC focuses on trading and marketing various commodities, including coal, ferrous metals, and agricultural products. The company’s expertise in commodity trading has positioned it as a key player in the global market.
Conclusion
Patrice Motsepe’s entrepreneurial spirit and strategic investments have made him a prominent figure in the business world. Through his diverse portfolio of companies, he has not only generated significant wealth but also contributed to the growth and development of various industries. From mining to finance, infrastructure to sports, Motsepe’s companies have left an indelible mark on the business landscape in South Africa and beyond.