The Rich List, compiled by Intellidex, was determined by looking at the super-rich and their role in growing and owning companies. Specifically, the magazine gained net worth information from publicly traded companies, i.e. companies listed on the Johannesburg Stock Exchange.
1 .Ivan Glasenberg – R61,48 billion
Main income source: Glencore International
2. Nicky Oppenheimer – R50,44 billion
Main income source: De Beers
3. Patrice Motsepe – R26,68 billion
Main income source: African Rainbow Minerals
4. Johann Rupert – R23,42 billion
Main income source: Compagnie Financière Richemont
5. Christo Wiese – R13,93 billion
Main income source: Shoprite
6. Desmond Sacco – R6,99 billion
Main income source: Assore
7. Sir Donald Gordon – R5,71 billion
Main income source: Former Liberty International
8. Stephen Saad – R5,09 billion
Main income source: Aspen
9. Koos Bekker – R4,93 billion
Main income source: Naspers
10. Raymond Ackerman – R4,38 billion
Main income source: Pick n Pay
South Africa’s 10 richest men and women will be profiled in the January and January/February 2012 issues of Destiny and Destiny Man.
Find out who the richest women in SA are too.