Richest Richest Politician

Top 10 Richest Politician of South Africa 2018

1. Cyril Ramaphosa

Cyril Ramaphosa

Cyril Ramaphosa is the South African politician, activist, businessman and trade union leader and 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 US $ 700 million and he is ranked first in the list of top 10 richest politician of South Africa.

2. Tokyo Sexwale

tokyo-sexwale

Tokyo Sexwale is the South African businessman and politician and he is also a former political prisoner and the anti-apartheid activist with charismatic leader Nelson Mandela. He is the major participant in the diamond industry and holds the second biggest company after the De Beers. He is the director of the Absa Limited, Allied Electronics and Gold Fields and also 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.

3. Sipho Nkosi

sipho-nkosi

Sipho Nkosi is the politician and the South African businessman 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.

4. Phuthuma Nhleko

 Phuthuma Nhleko

Phuthuma Nhleko is the South African politician and businessman; he is the former CEO of the MTN Group which is the African 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.

5. Vincent Mntambo

vincent-mntambo

Vincent Mntambo is the South African politician, businessman and the founder of the Sediba Accord and Sediba Consulting. He is also 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.  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.

6. Mike Teke

Mike Teke

Mike Teke is the South African politician and the president of the SA Chamber of the Mines. He is the founder of the beneficiation and mining company “Dedicoal” and the non-executive director of the Rolfes Tech Holdings. He is also the chairman of the Optimum Coal which he is cofounded and the share holder of the cratos capital. Mike Teke estimated net worth is US $ 64 million and he is ranked at No. 6 in the list of 10 richest politician of South Africa.

7. Saki Macozoma

saki-macozoma

Saki Macozoma is the South African form politician and the most prominent businessman of 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.  Macozoma becomes the member of the parliament in 1994 but he left the legislation authority and becomes the MD of the Transnet Ltd which is the largest network and controls the railway network in South Africa. He is the head of the Liberty Holdings and the vice chairman of the standard bank.

8. Frederik Willem

Frederik Willem

Frederik Willem is the South African politician and 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. He receives the Nobel Peace Prize with the 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.

9. Jacob Zuma

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 and 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.

10. Thabo Mbeki

thabo-mbeki

Thabo Mbeki is the South African politician and 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 and he is ranked at No. 10 in the list of top 10 richest politician of South Africa.

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