South Africa is a varied and rich society in which wealth plays a significant role in influencing political power. As a result, the list of the wealthiest politicians in South Africa is extremely relevant since it offers an indication of the balance of power and influence in the country. In South Africa, this will continue to be one of the most significant lists until the country evolves towards a more issues-centered political culture as opposed to a culture that concentrates its politics upon persons.

As part of the public domain, this list takes into account the known assets that have been estimated and are included in the list. This is mostly a measure of money, rather than a judgment of an individual’s political significance in society. You will thus discover on this list wealthy South African politicians, some of whom may be past the prime of their careers in active politics. Additionally, lawmakers from every part of the rainbow nation may be found here, supporting the equal distribution of riches throughout the country.

Richest Politicians in South Africa

1. Cyril Ramaphosa

Net Worth: $ $450 million

Date of Birth: 17 November 1952

As the leader of South Africa, Cyril Ramaphosa has ascended to the peak of political achievement. Beginning as a Trade Union Leader in the mining industry, he worked his way up the ladder to money and power. Aside from that, he has established himself as a successful businessperson. Prior to becoming a politician, he worked as an activist for social causes. He rose through the ranks to become South Africa’s vice president under then-President Jacob Zuma, a position that eventually led to his election to the presidency.

In addition to his projected net worth of $700 million, Cyril Ramaphosa has a substantial investment portfolio in mining, land, real estate, and other enterprises.

2. Tokyo Sexwale

Net Worth: $200 million

Date of Birth: 5 March 1953

Among those who make up this list of the richest politicians in South Africa are Tokyo Sexwale, a South African businessman and politician who is also a member of parliament. Abolitionist and anti-apartheid campaigner, he joined forces with charismatic leader Nelson Mandela to fight for the freedom we enjoy today. He is one of many who paid a high price for the freedom we enjoy today. Tokyo Sexwale was also sentenced to a lengthy jail term. He progressed through the ranks of politics and eventually became the Premier of Gauteng.

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In addition to being one of the largest participants in the diamond business, Tokyo Sexwale has a substantial financial investment in the South African economy. Tokyo Sexwale has, on the other hand, successfully diversified his fortune; he has assets in Absa Limited, Allied Electronics, Gold Fields, Trans Hex, and Northam Platinum Limited, among other companies.

3. Phuthuma Nhleko

Net Worth: $120 million

Date of Birth: 7 April 1960

Phuthuma Nhleko is a South African politician and businessman who is well-known in the country. The former CEO of the MTN Group, Africa’s largest GSM communications network with a presence in a number of African nations, he is well-known in the business community for his achievements.

Aside from that, he serves as chairman of the African Worldwide Investment Holding Firm, which is a holding company that owns a number of companies in the communications and information technology sectors in a variety of nations across the world.

4. Sipho Nkosi

Net Worth: $117 million

Date of Birth: 61 years

Sipho Nkosi is a successful businessman and political activist from South Africa. His business career has seen him rise through the ranks at companies such as Ford Motor Company, where he worked as a market analyst, and Anglo American Coal, where he worked as a marketing coordinator. In 2014, he was appointed to the position of director of the Business Leadership of South Africa, which was a political nomination.

Sipho Nkosi has a significant financial stake in the mining industry. Exxaro Resources and Sanlam are among the companies in which he has invested. He is one of the wealthiest and most prominent persons in South Africa’s political and business arenas, according to Forbes magazine.

5. Vincent Mntambo

Net Worth: $75 million

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Date of Birth: 1959

Vincent Mntambo is a South African educator, businessman, and politician who is also one of the wealthiest people in the country. He used to be a senior lecturer at the University of Natal in Durban, South Africa. His education and enthusiasm have resulted in a successful professional career during which he has been sought after and offered senior positions in various corporations, including ASG Business Solution, IMSSA, and Eyesizwe Coal, among others. Vincent Mntambo is also the originator of the Sediba Accord and Sediba Consulting, both of which are based in South Africa.

6. Mike Teke

Net Worth: $64 million

Date of Birth: 1964

Mike Teke is a South African politician and business entrepreneur who has amassed a fortune. He has had a long and successful career in mining and prospecting, and he is well-known in the industry. His nomination as president of the South African Chamber of Mines has been his crowning achievement to this date.

He is the creator of the mining business “Dedicoal,” and he also serves as a non-executive director of Rolfes Tech Holdings, which he founded in 1999. Mike Teke also serves as the chairman of Optimum Coal, which he co-founded with his brother. The coal sector in South Africa is one of his primary investments, and he is one of the largest shareholders.

7. Saki Macozoma

Net Worth: $53 million

Date of Birth: 12 May 1957

Saki Macozoma also earned a place on this list for his contributions. Throughout his lengthy and successful career in both politics and business, he has received several honors and awards. Saki Macozoma was elected to the Finnish parliament in 1994, but he soon realized that the world of business was more appealing. Saki Macozoma later rose to the position of managing director of Transnet Ltd, which is the country’s largest network and operates the railway network as a publicly listed government corporation.

Saki Macozoma is the founder and CEO of Liberty Holdings, a private investment corporation that has a stake in the Standard Bank Group.

8. Frederik Willem de Klerk

Net Worth: $46 million

Date of Birth: 18 March 1936

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Frederik Willem de Klerk is a South African politician and statesman who was elected president in 1994. He served as president of the country from 1989 to 1994, serving as the country’s final president during the apartheid era. Frederik de Klerk played a pivotal role in the abolition of apartheid and the transformation of South Africa into a free democratic society. One of his actions for which he will be remembered for the rest of his life is the establishment of equal voting rights for all inhabitants of South Africa, regardless of race.

He has a deep interest in lands, agriculture, and commercial real estate. As a result of his efforts to bring about the abolition of apartheid in South Africa, Frederik de Klerk was awarded the 1993 Nobel Peace Prize. Also in this manner was Nelson Mandela recognized.

9. Jacob Zuma

Net Worth: $20 million

Date of Birth: 12 April 1942

Jacob Zuma is a South African politician who ascended through the ranks to become the country’s president. In his previous life, he was an activist who contributed significantly to the formation of labor unions, particularly the youth league and the women’s movement. He grew well-liked and eventually became president.

Unfortunately, it was uncovered that he had actively participated in massive corruption during the height of his political career, which brought his political career crashing down. A case was brought against him and he was found guilty, albeit the court opted to delay the punishment.

10. Thabo Mbeki

Net Worth: $10 million

Date of Birth: 18 June 1942

Thabo Mbeki is widely regarded as one of South Africa’s most respected political figures. He served as President of South Africa from 1999 to 2008, making him only the country’s second president since the end of apartheid. He concentrated his efforts during his term on expanding the economy and guaranteeing the adoption of favorable working conditions for South Africans of all socioeconomic backgrounds.

In addition to delivering keynote lectures and youth development speeches around the continent, Thabo Mbeki has been named to the National Philanthropic Hall of Fame and is affiliated with a number of charitable organizations throughout the nation.