Strive Masiyiwa experienced the steepest loss at $1.5 billion.
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"African Rainbow Minerals"
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Investing in dividend-paying stocks can be a great way to generate passive income.
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Motsepe, who founded ARM in 1997 as South Africa’s first Black-owned mining company, owns 39.7 percent of the company.
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South African billionaire Patrice Motsepe’s net worth slumps by $500 million to $2.6 billion
Motsepe’s net worth has dropped by $500 million since the start of the year.
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Patrice Motsepe is Southern Africa’s richest Black person.
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South African billionaire Patrice Motsepe’s ARM reports lower earnings and revenue as iron ore prices decrease
ARM is a major South African mining and minerals company.
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South African billionaire Patrice Motsepe’s net worth slumps by $400 million as rand tumbles
Despite his declining net worth, Motsepe remains one of South Africa’s richest men.
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South African billionaire Patrice Motsepe, wife join world leaders at 2022 WEF Annual Meeting in Davos, Switzerland
Motsepe is a member of the WEF Board of Trustees.
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Joubert has been the CEO of ARM’s Ferrous Division since July 2012.
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Motsepe, the South African billionaire and current President of the Confederation of African Football (CAF) founded the mining firm in 1997.