Shoprite boss Christo Wiese, with R82 billion in his bank account, is the richest person in South Africa, according to the latest Business Times Rich List.
Shockingly, the list reveals that a whopping 88 out of the top 100 richest mense are white.
Meanwhile, president Jacob Zuma’s buddy Atul Gupta has been revealed as the seventh biggest geldgat.
The Indian businessman reportedly has personal wealth valued at R10
billion.
The Guptas have been accused of using their friendship with Zuma to enrich themselves.
Wiese’s daughter Clare, the CEO of a jewellery house, made history last month when she bid R90 million at an auction for a larney house in Clifton, making it the highest bid ever achieved on a residential property in South Africa.
Wiese owns a billion dollar stake in Shoprite, Africa’s largest supermarket chain, and formerly Pep, the continent’s largest clothing chain.
He sold Pepcor to furniture giant Steinhoff International Holdings in 2014.
Along the way, he picked up a game reserve in the Kalahari desert and a 1 618 hectare wine estate outside Cape Town, according to the Bloomberg Billionaires Index.
Also on the list is mining magnate Ivan Glasenberg, owner of Glencore, and self-made banking billionaire, FirstRand’s Laurie
Dippenaar
Gupta is South Africa’s top non-white billionaire.
Atul beats out mining magnate Patrice Motsepe, who is now ranked at 11th, with a personal wealth valued at just over R9.5b.
The Gupta family have interests in mining as well as print and broadcast media.
The Rich List is compiled by independent research company Who Owns Whom.
It is based on the value of disclosed directors’ holdings in JSE-listed companies covering the period between December 2015 and November 30 this year.