Top 10 richest politicians in South Africa 2024: Politics in South Africa evolved tremendously since the end of apartheid. This has given opportunity to more people in hold political positions. Most of the political leaders are also successful businessmen as well.
Top 10 Richest Politicians in South Africa
Cyril Ramaphosa -$700 million
Cyril Ramaphosa is a South African politician serving as President of South Africa since 2018 and President of the African National Congress (ANC) since 2017. Previously an anti-apartheid activist, trade union leader and businessman, Ramaphosa served as Deputy President to President Jacob Zuma and Chairman of the National Planning Commission from 2014 to 2018.
Mosima Gabriel -$200 million
Mosima Gabriel is a South African businessman, politician, anti-apartheid activist, and former political prisoner. Sexwale was imprisoned on Robben Island for his anti-apartheid activities, alongside figures such as Nelson Mandela. After the 1994 general election—the first fully democratic election in South Africa—Sexwale became the Premier of Gauteng Province. He served in the government of South Africa as Minister of Human Settlements from 2009 to 2013. He is number 2 of the top 10 richest politicians in South Africa.
Phuthuma Nhleko -$120 million
Freedom Phuthuma Nhleko is a South African businessman, formerly chief executive and executive chairman of MTN Group, a South African multinational mobile telecommunications company primarily focused on Africa. He has a net worth of $120 million making him one of wealthiest political leaders in South Africa.
Sipho Nkosi -$117 million
Sipho Nkosi is a South African businessman and was appointed as the director of the business leadership of South Africa in 2014.
Vincent Mntambo -69.5 million
Zwelibanzi Vincent Mntambo is a South African businessman whose contribution to the country’s development sector is beyond measure. So much mystery hovers around Vincent, given the fact that he keeps a private life. He tends to keep a low profile, having his family away from the ever-wandering eyes of the public. Vincent Mntambo net worth is estimated at $69.5 million making him one of the top 10 richest politicians in South Africa.
Mike Tete – $64 million
Mike Teke is set to become one of the major players in South Africa’s domestic and export coal markets as he believes that this rather unpopular commodity still has a future, and is crucial to GDP development. He is one of the richest politicians in South Africa.
F. W. de Klerk -$46 million
Among the wealthiest politicians in South Africa is former President F.W De Klerk. He served as State President of South Africa from 1989 to 1994 and as Deputy President from 1994 to 1996. As South Africa’s last head of state from the era of white-minority rule, he and his government dismantled the apartheid system and introduced universal suffrage. Ideologically a conservative and an economic liberal, he led the National Party from 1989 to 1997.
Saki Macozoma -38.8 million
Saki Macozoma is prominent South African politician and a business man.
Macozoma is Deputy Chairman of Volkswagen South Africa, lead independent non-executive director of Vodacom South Africa, Chairman of Credit Suisse Standard Security and Lliso Consulting.
From 2007 to December 2013, Macozoma was chairman of Liberty Holdings. He resigned to concentrate on his Safika business interests. Before joining Standard Bank he was chief executive of New Africa Investments Limited (Nail), a publicly listed investment company with a broad portfolio that included radio stations, outdoor media and the Hertz car rental company. Macozoma net worth is $38.8 million making him one of the top 10 richest politicians in South Africa.
Jacob Zuma -$20 million
Jacob Zuma served as the fourth President of South Africa from the 2009 general election until his resignation on 14 February 2018. read more on Jacob Zuma net worth
Thabo Mbeki -$10 million
Thabo Mbeki served at the second president of South Africa from 1999 to 2008. He has a net worth of $10 million making him one of the richest politicians in South Africa.
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