Top 5 Richest People in South Africa According to Forbes

Forbes has just released the list of Top 5 Richest People in South Africa for this year, and it appears that those that makes up the list still take the lead with just small change from what it was the previous years.

Top 5 Richest People in South Africa According to Forbes

The List of top South African billionaires by net worth is purely based upon Forbes recent list of South African billionaires annual assessment of their wealth and assets.

It was observed that from the list of top richest people in South Africa this year, Johann Rupert, the Luxury goods tycoon and the chairman of the Swiss-based luxury-goods company Richemont as well as of the South Africa-based company Remgro still remain the South African richest person with an estimated net worth of $7,4 billion (R87 billion)

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While he is seconded by Nicholas “Nicky” F. Oppenheimer, who was the former Chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former Deputy Chairman of the Anglo American Corporation.

See List of Forbes Top 5 Richest People in South Africa 2016

S/NNAMENETWORTHSOURCE OF WEALTH
1Johann Rupert7.4 billionCompagnie Financiere Richemont
2Nicky Oppenheimer6.7 billionBeers, Anglo American plc
3Christoffel Wiese6.3 billionShoprite, Pepkor, Invicta, Pallinghurst
4Koos Bekker2.3 billionNaspers
5Patrice Motsepe2.2 billionAfrican Rainbow Minerals, Sanlam, Mamelodi Sundowns F.C.

Another great person who appeared in the list of Top 5 Richest People in South Africa According to Forbes 2016 is Stephen Saad, who is a pharmaceutical magnate and Aspen Pharmacare founder. Stephen Saad, wealth increased this year by 61% to $2,1 billion (R24,6 billion) from $1,3 billion (R15,2 billion).

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