Who Is South Africans Richest Politicians?

Who Is South Africans Richest Politicians?

Overview

Here are just some of South Africa’s (SA’s) Richest Politicians. 

President Cyril Ramaphosa  

He is a politician, activist, businessman and trade union leader who served as the deputy president of SA under the president Jacob Zuma. He also holds the chair of national planning commission which is accountable for the strategic planning of the country. He has been criticised for his business interests for his appearance in the board of Lonmin. 

His estimated net worth is around US $720 million. 

Tokyo Sexwale  

He’s a businessman and politician who was former political prisoner and the anti-apartheid activist with charismatic leader Nelson Mandela. He’s a major participant in the diamond industry and holds the second biggest company after the De Beers. Also the director of the Absa Limited, Allied Electronics and Gold Fields and holds the chair of Trans Hex and Northam Platinum Limited. 

His estimated net worth is US $ 205 million. 

Sipho Nkosi  

He was appointed as the director of the business leadership of SA in 2014. Nkosi starts his career with the Ford Motor company as the market analyst in 1980 and also works with the Anglo American coal as the marketing coordinator. He’s the director and the CEO of the Exxaro Resources and the non-executive director of the Sanlam.  

His estimated net worth is US $ 173 million and he is ranked at No. 3 in the list of top 10 richest politician of SA. 

Phuthuma Nhleko  

Is a South African politician and businessman; he’s the former CEO of the MTN Group which is Africa’s largest holding group of GSM cellular networks and has 6000 employs and reported US $ 29 million turnover. He’s also the chairman of the of the African worldwide investment holding company that holds the stakes in the information technology and telecommunication industries. 

His estimated net worth is US $ 162 million. 

Categories: Business

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