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SA's 20 richest now 8% wealthier

September 17 2012 at 09:41am

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Rand money1111

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The 20 richest people in South Africa got richer in the past year, but only by 8 percent, the Sunday Times reported yesterday.

Patrice Motsepe, worth R20.07 billion, topped the Rich List for the second year running, but his fortune shrank 13 percent.

Retail mogul Christo Wiese placed second on the list with R15.226bn.

Third-ranked Lakshmi Mittal's stake in steel giant ArcelorMittal was 38 percent lower than last year, at R13bn.

Mining heir Nicky Oppenheimer, in fourth place, has a 2.3 percent stake in Anglo American worth R9bn, a 19 percent loss compared with the previous year. - Sapa


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