South African billionaire Patrice Motsepe continues to make waves on the financial front, as recent assessments indicate a $200 million increase in his net worth during May, bringing his fortune to an impressive $3.2 billion, according to Forbes’ real-time billionaire tracker. Currently ranked 1,199th among the world’s richest, Motsepe’s wealth reflects his strategic ventures across various sectors including mining, finance, digital banking, and sports leadership.
The latest surge in Motsepe’s net worth aligns closely with the performance of African Rainbow Minerals (ARM), the mining company he founded and currently chairs. In May, ARM experienced modest stock growth, rising from ZAR 155.27 at the beginning of the month to ZAR 158.46 by the end. This 2% monthly increase, despite a slight 1% decline on the final trading day, has led to year-to-date gains of 5.37%, showcasing ARM’s robust performance against many of its peers listed on the Johannesburg Stock Exchange (JSE).
ARM remains a popular investment choice, with over 64 million shares exchanged through approximately 173,000 transactions from February to May. This substantial trading activity, amounting to ZAR 9.64 billion, signifies ongoing investor confidence in Motsepe’s mining conglomerate.
However, Motsepe’s financial pursuits do not solely rest on mining. He is an influential supporter of Tyme Group, a digital banking firm headquartered in Singapore. Recently, Tyme attained unicorn status after a substantial $250 million Series D funding round that included a $150 million investment from Brazil’s Nubank. With a new valuation of $1.5 billion, Tyme is emerging as a formidable player in the digital banking landscape, targeting both local and international markets.
Through his investment firm, African Rainbow Capital, founded in 2016, Motsepe has been pivotal in advancing financial access in Africa via innovative digital solutions. This commitment aligns with his broader vision of promoting sustainable economic growth throughout the continent.
Motsepe’s influence also extends to sports governance. On May 29, he was re-elected unopposed for a second four-year term as president of the Confederation of African Football (CAF) during its 14th extraordinary general assembly held in Cairo. His leadership, which began in 2021, marked him as the first English-speaking president of the organisation. Under his stewardship, CAF has witnessed significant reforms, including a remarkable 40% hike in the prize money for the African Cup of Nations (AFCON), which now totals $7 million. His unopposed re-election demonstrates a strong endorsement of his vision to modernise football governance in Africa while enhancing talent development across the continent.
From his strategic investments in mining and fintech to impactful leadership in football, Patrice Motsepe’s multifaceted influence reaffirms his stature as one of Africa’s most prominent business and civic leaders. With such a dynamic portfolio, he holds the distinction of being the continent’s ninth-richest individual as of June 2025.