Top 10 Richest Politicians in South Africa (2022)

Who are the richest politicians in South Africa? — South Africa is a country in which wealth sometimes measures the political influence of an individual. Meanwhile, many of the politicians in South Africa have other ventures asides from politics in which they have gathered wealth (these ventures are pointed out in this article). Therefore, this article details the top 10 richest politicians in South Africa and their occupations.

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Richest Politicians in South Africa

1. Cyril Ramaphosa – $450 Million

South African President – Cyril Ramaphosa

Cyril Ramaphosa is a South African Politician and Businessman. He is the fifth president of South Africa (serving from 2018). Also, he is the president of the African National Congress (ANC) since 2017.

Cyril Ramaphosa is a skilful negotiator and strategist and is known for building up the biggest and most powerful trade union in South Africa; The National Union of Mineworkers (NUM).

As of 2022, Cyril Ramaphosa remains the richest politician in South Africa, having accumulated a huge amount of wealth through returns from his ventures. With a net worth of $450 million, Cyril Ramaphosa bags the title of the richest politician in South Africa. And also, one of the richest presidents in Africa.

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2. Tokyo Sexwale – $200 Million

Richest Politicians in South Africa – Tokyo Sexwale

Tokyo Sexwale is a South African Politician, Businessman, and Activist. He was an active Activist for the anti-apartheid in South Africa until he was imprisoned alongside others such as Nelson Mandela. Ever since he became a free man again, he served the South African government tirelessly and actively.

Tokyo Sexwale is currently one of the richest politicians in South Africa with a net worth of $200 million.

3. Sipho Nkosi – $163 Million

Richest Politicians in South Africa – Sipho Nkosi

Sipho Nkosi is a South African Politician, Businessman, and Activist. He was part of the anti-apartheid activists who fought alongside Nelson Mandela and the others and got imprisoned. After then, he became the premier of Gauteng. Just like Tokyo Sexwale, he served made a great effort in service to the South African government.

In 2014, Sipho Nkosi was appointed the Director of the Business Leadership of South Africa. Prior to that, served as the Market Analyst for the Ford Motor Company in 1980. And also worked as a Marketing Coordinator with Anglo American Coal. Currently, he is the Director and CEO of Exxaro Resources and the Non-Executive Director of Sanlam.

Sipho Nkosi has investments in Allied Electronics, Gold Fields, Absa Limited, Trans Hex, and Northam Platinum Limited. With a net worth of $163 million, he is one of the richest politicians in South Africa.

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4. Phuthuma Nhleko – $120 Million

Phuthuma Nhleko is a South African Politician and Businessman. He is the former Chief Executive of the MTN Group, a South African Multinational Mobile Telecommunications Company which is the biggest in Africa.

Phuthuma Nhleko is also the chairman of the African Worldwide Investment Holding Company that holds the stakes in the Information Technology and Telecommunication Industries.

As of 2022, he is one of the richest politicians in South Africa with a net worth of $120 million.

5. Vincent Mntambo – $95 Million

Richest Politicians in South Africa – Vincent Mntambo

Vincent Mntambo is a South African Politician, Businessman, and Educator. He is a former senior lecturer at Natal University and the founder of the Sediba Accord and Sediba Consulting.

Vincent has served as an executive of several conglomerates due to his passion and knowledge. He was a former Chairman of the ASG Business Solution, the Executive Director of IMSSA, and so on.

As of 2022, he is one of the richest politicians in South Africa with a net worth of $95 million.

6. Mike Teke – $64 Million

Mike Teke is a South African Politician and Business Magnate. He is the President of the SA Chamber of the Mines, founder Dedicoal, Chairman of Optimum Coal (he is a co-founder), Non-executive Director of Rolfes Tech Holdings, and the shareholder of Cratos Capital.

Having made quite a large amount from his ventures, he is now ranked one of the richest presidents in South Africa with a net worth of $64 million.

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7. Saki Macozoma – $53 Million

Richest Politicians in South Africa – Saki Macozoma

Saki Macozoma is one of the leading businessmen in South Africa. Following his release from prison alongside Nelson Mandela and others for anti-apartheid activities, he joined the South African Council of Churches. And he also worked for the African National Congress (ANC) and South African Breweries.

In 1994, he served as a member of the parliament. Upon leaving politics, he focused solely on business. He serves as the MD of Transent Ltd, the Head of Liberty Holdings, and the Vice Chairman of the Standard Bank.

Currently, he is regarded as one of the richest politicians in South Africa with a net worth of $53 million.

8. Frederik Willem de Klerk – $46 Million

F.W de Klerk was a South African Politician who serves as the 7th South African State President from 1989 to 1994. He also served as the deputy from 1994 to 1996 in the democratic government. However, he died on the 11th of November 2021.

Regardless, he is still regarded as one of the richest politicians in South Africa with a net worth of $46 million.

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9. Jacob Zuma – $20 Million

Jacob Zuma is a South African Politician who serves as the fourth President of South Africa from 2009 to 2018. He is a former anti-apartheid and a member of the South African Umkhonto we Sizwe. Also, he was the president of the African National Congress (ANC) between 2007 and 2017.

Jacob Zuma is regarded as a leftist Economist for playing a major role in the development of trade unions as well as the youth league and women’s league which yielded huge economic changes in the country.

As of 2022, he is regarded one of the richest politicians in South Africa with a net worth of $20 million.

10. Thabo Mbeki – $10 Million

Thabo Mbeki is a South African Politician, Activist, and Philanthropist who served as the second South African President from 1999 to 2008. Prior to becoming president, he served as Deputy President to Nelson Mandela between 1994 and 1999.

With a net worth of $10 million, he is currently one of the richest politicians in South Africa.

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Richest Politicians in South Africa: 2022

• Cyril Ramaphosa – $450 Million
• Tokyo Sexwale – $200 Million
• Sipho Nkosi – $163 Million
• Phuthuma Nhleko – $120 Million
• Vincent Mntambo – $95 Million
• Mike Teke – $64 Million
• Saki Macozoma – $53 Million
• Frederik Willem de Klerk – $46 Million
• Jacob Zuma – $20 Million
• Thabo Mbeki – $10 Million