Africa’s first Black billionaire Patrice Motsepe is unsurprisingly one of South Africa’s most successful businessmen. Known for his lavish lifestyle and impressive collection of exclusive properties, he’s estimated to be worth about $2.4 billion, as of November 2023. His successful endeavour in mining as the founder of African Rainbow Minerals affords him a life of glitz and glamour that is enviable to all.
Motsepe and his string of luxurious properties:
Bishopscourt Mansion covering a 12,000-square-meter plot is a definition of high-end luxury. As one of Motsepe’s most popular properties, the R69 million (about $3.7 million) mansion nestles in the high-class and leafy suburbs of Bishopscourt, Cape Town in South Africa. The sprawling mansion comprises a residential wing, a staff wing, six large bedrooms, a 24-seater dining hall, entertainment rooms for music and movies, a wine cellar, an indoor gym, multiple swimming pools, a tennis court, a billiard room, and a 10-car garage.
The Val de Vie Estate which he acquired in 2016 for a 20-percent stake. It is reputable for its horse farms, multiple golf courses, luxury restaurants, high-end wineries, and exclusive wellness centres. As part of this humungous deal, the billionaire also received the entire phase of Pearl Valley and its hotel site.
The Hidden Valley Wine Farm was also purchased by Motsepe to diversify his portfolio. This popular luxury wine farm located near Stellenbosch and Somerset, South Africa proves to be a valuable addition to his collection. The 28-hectare farm was listed for sale at R160 million but was acquired for between R100 million ($5.5 million) and R120 million ($7.9 million) in cash attesting to Motsepe’s liquidity and negotiating power.
In addition to his expansive real estate collection, Motsepe is also a luxury car collector. He owns a Bentley Continental GT estimated at R4 million ($214,084), a Mercedes-Benz S65 AMG valued at R3.2 million ($171,402), a 2007 BMW 750 Li priced at R1.5 million ($80,344), and a BMW 760 Li rumoured to be worth R4 million ($214,084). Motsepe also owns a Hawker 4000 business jet along with his car collections to enable speed and convenience as an international businessman.
Beyond his love for real estate and cars, Motsepe also shares a passion for sports. He is the owner of the Mamelodi Sundowns football club and is a shareholder in the Blue Bulls rugby team. His love for sports is centrally predicated on his personal philosophy of uniting people across the continent. This pursuit catalyzes his service as the president of the Confederation of African Football (CAF).
Motsepe’s lifestyle and property portfolio reflect his success as a businessman. His luxurious residences, impressive car collection, private jet, and sports investments all contribute to a lifestyle that many can only dream of.