Top 10 Richest Politician In South Africa And Their Net Worth

3 min


These are some of the Top 10 Richest Politician In South Africa And Their Net Worth today.

10. Thabo Mbeki

Thabo Mbeki is a South African politician who was the president of South Africa from 1999 to 2008 as the 2nd post-apartheid president of South Africa.

He used his authority as the president and formulates the neoliberal structure of country’s economy to increase the household income and jobs creations and during his occupancy the economy grow with an average rate of 4.5 percent per year.

Thabo Mbeki estimated net worth is US $ 10 million. he is ranked at No. 10 in the list of top 10 richest politician of South Africa.

9. Jacob Zuma

Jacob Zuma is referred as his initial “JZ” is the South African politician and the current president of the South Africa and first elected in 2009 general election.he was elected again in 2014.

He is also the president of the African National Congress. He is the leftist economist and has played major role in the development of trade unions as well as the youth league and women’s league which is big economic change in the country.

Jacob Zuma estimated net worth is US $ 20 million and he is ranked at No. 9 in the list of top 10 richest politician of South Africa.

8. Frederik Willem

Frederik Willem is a South African politician who served as the president of country’s state from 1989 to 1994.

Frederik was the 7th and the last head of the South Africa state under the apartheid era. He plays a major role to transform the South Africa into non-racial democratic state and reduces the discrimination and has given equal voting rights to the citizens of Africa.

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He receives the Nobel Peace Prize from Nelson Mandela in 1993 for his contribution the end the apartheid in Africa.

Frederik Willem estimated net worth is US $ 46 million and he is ranked at No. 8 in the list of top 10 richest politician of South Africa.

7. Saki Macozoma

Saki Macozoma is a South African form politician cum businessman in South Africa and ranked at No. 7 in the list of top 10 richest politician of South Africa with an estimated net worth is US $ 53 million.

He becames the member of parliament in 1994 but he left the legislation authority and later becames the MD of the Transnet Ltd which is the largest network which controls railway network in South Africa.

He is the head of the Liberty Holdings and the vice chairman of the standard bank.

6. Mike Teke

Mike Teke was the president of the SA Chamber of the Mines.

He is the founder of the beneficiation and mining company “Dedicoal” and also non-executive director of the Rolfes Tech Holdings.

He is also the chairman of the Optimum Coal which he is cofounded and share holder of the cratos capital. Mike Teke estimated net worth is US $ 64 million. He is ranked at No. 6 in the list of 10 richest politician of South Africa.

5. Vincent Mntambo

Also politician, businessman and the founder of the Sediba Accord and Sediba Consulting.

He served as the senior lecturer in the Natal University. He has long professional career as an executive of several conglomerates such as the chairman of the ASG business solution, executive director of IMSSA and the non-executive director of the Eyesizwe coal.

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Vincent Mntambo estimated net worth is US $ 95 million and he is ranked at No. 5 in the list of top 10 richest politician of South Africa.

4. Phuthuma Nhleko

Phuthuma Nhleko is a South African politician and businessman; he is 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 is also the chairman of the of the African worldwide investment holding company that holds the stakes in the information technology and telecommunication industries.

Phuthuma Nhleko estimated net worth is US $ 142 million and he is ranked at No. 4 in the list of top 10 richest politician of South Africa.

3. Sipho Nkosi

Sipho Nkosi was and appointed as the director of the business leadership of South Africa in 2014.

He 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 is the director and the CEO of the Exxaro Resources and the non executive director of the Sanlam. Sipho Nkosi estimated net worth is US $ 163 million and he is ranked at No. 3 in the list of top 10 richest politician of South Africa.

2. Tokyo Sexwale

Tokyo Sexwale is also businessman and politician who was former political prisoner and the anti-apartheid activist with charismatic leader Nelson Mandela.

He is a major participant in the diamond industry and holds the second biggest company after the De Beers.

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Also the director of the Absa Limited, Allied Electronics and Gold Fields and holds the chair of Trans Hex and Northam Platinum Limited.

Tokyo Sexwale estimated net worth is US $ 200 million and he is ranked at No. 2 in the list of top 10 richest politician of South Africa.

1. Cyril Ramaphosa

Cyril Ramaphosa ias our number 1 is politician, activist, businessman and trade union leader who served as the deputy president of the of South Africa 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 criticized for his business interests for his appearance in the board of Lonmin.

Cyril Ramaphosa estimated net worth is around US $ 700 million


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