Forbes’ real-time billionaires tracker shows that South Africa’s five dollar billionaires might now be four.
There have been mixed fortunes for South Africa’s richest people over the course of 2023 so far, and while Johann Rupert maintains his position as the richest man in South Africa, another is on the verge of losing his dollar billionaire status.
Being dollar billionaires means that South Africa had over 25% of the continent’s 19 billionaires. Another interesting observation is that all these billionaires are over 60. Patrice Motsepe is the youngest billionaire at 61, while the DeBeers diamond fortune heir – Nicky Oppenheimer – is the oldest at 77., as of 1 September 2023, luxury goods tycoon Johann Rupert maintains his position as the richest man in South Africa with an estimated net worth of $10.4 billion, up 16.8% from $8.
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