Johann Rupert Vs Patrice Motsepe, Cars & Net Worth: Who Is Richer?

South Africa has some of the richest men in the world and in the continent. In fact, the current richest man in Africa is a South African named Johann Rupert. Rupert recently took over the prized position from Nigeria’s Aliko Dangote when he surpassed the Business mogul’s net worth.

However, there are other wealthy men in South Africa and one of the South African loved billionaires popularly known as Patrice Motsepe. Patrice Motsepe is another billionaire who has acquired his wealth through various businesses. 

In this article, we look at both billionaires’ cars and net worth to determine who is richer. Is Johann Rupert really richer than Patrice Motsepe? We’ll find out below.

Johann Rupert Biography, Cars & Net Worth

Johann Rupert is a prominent South African businessman and entrepreneur born on June 1, 1950, in Stellenbosch, South Africa. He is the chairman of the Swiss luxury goods firm Compagnie Financiere Richemont, a company best known for brands like Cartier and Montblanc. The company started in 1998 as a result of a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which was formed by Johann Rupert’s father, Anton, in the 1940s.

Currently, Rupert owns 7% of the diversified investment firm Remgro, which he chairs, and 26% of Reinet, an investment holding company based in Luxembourg. Also, the businessman and billionaire has been a vocal opponent of plans to allow fracking in the Karoo, a region of South Africa where he owns land.

Johann Rupert is globally recognized for his leadership in the luxury goods industry and his significant contributions to the business world. Aside from his role at Richemont, he also holds influential positions in other companies. Currently, he chairs Remgro Limited, a diversified investment firm in South Africa.

Also, this billionaire South African, the richest man in Africa, owns a substantial stake in Reinet Investments S.C.A., an investment holding company based in Luxembourg. Johann Rupert is known for his business acumen, strategic vision, and dedication to maintaining the high standards and reputation of the luxury brands under his purview.

Johann Rupert’s Current Net Worth

Johann Rupert’s net worth surpassed that of Aliko Dangote, and he currently has a net worth of $12 billion. At the moment, Johann Rupert holds the coveted title of Africa’s richest man.

Johann Rupert Luxury Car Collection

One of the places Johann Rupert’s wealth is evident is in his car collection. He owns luxury cars, including a Porsche Carrera GT, Jaguar E-Type, Honda NSX, and a Mercedes-Benz CLK DTM AMG. The multi-million rand car collection is open to the public at the Franschhoek Motor Museum located in the Western Cape.

Also, the billionaire has a significant collection of vintage cars, with over 185 vintage cars sitting in his private museum. Vintage cars typically refer to classic or antique automobiles that are several decades old and hold historical or collector’s value.

Other expensive cars he owns include: 

• Ferrari Lusso GT worth over N86 million
• A Porsche Cayenne
• A Rolls Royce
• Toyota SUV’s
• Porsche Carrera GT
• Jaguar E-Type
• Honda NSX
• Mercedes-Benz CLK DTM AMG

Patrice Motsepe Biography, Cars & Net Worth

South Africans see Patrice Motsepe as their favourite billionaire. Why? Because Motsepe has used his wealth for good. The billionaire was born on 28 January 1962 to Kgosi Augustine Motsepe. His father was a former teacher and chief of the Mmakau branch. He later became the owner of a Spaza shop which was a hit with black mine workers. According to reports, Motsepe learned business skills from his dad. It was also at his father’s shop where Motsepe got exposure to mining.

Patrice Motsepe holds two different qualifications—a Bachelor of Arts degree from the University of Swaziland and a law degree from the University of the Witwatersrand (with a speciality in mining and business law). He was the first black man to own a mining company.

In 1997 when gold prices hit rock bottom, it enabled Motsepe to buy six gold mine shafts from AngloGold for $7.7 million. As part of the deal, he was able to pay off the mines with money his company, now called African Rainbow Minerals, earned. African Rainbow Minerals was the first black-owned mining company in South Africa. 

In 2012, He was named South Africa’s wealthiest man, with a fortune consisting of $2.4 billion. As of 2022, Motsepe is the 3rd richest man in the country with a net worth of $2.8 billion, which is about R47.66 billion. 

The billionaire owns a mansion in Cape Town Motsepe he bought in 2014, and just a year later, he bought land for R30 million in one of Cape Town’s property hot spots. 

Patrice Motsepe Luxury Car Collection

Patrice Motsepe also has an interesting car collection worth millions, and they comprise of:

• 2007 BMW 750 iL
• Mercedes Benz S65 AMG
• Bentley Continental GT
• BMW 760 Li 

Also, Patrice Motsepe owns a private jet, which he once shared with rapper 50 Cents. The jet is a Hawker 4000 with over $20 million price tag.

Patrice Motsepe Current Net Worth

Motsepe is the 3rd richest man in South Africa with a net worth of $2.8 billion, and the billionaire has acquired the bulk of his wealth through his mining business.

Johann Rupert and Patrice Motsepe, Who Is Richer?

Currently, Motsepe holds the title of the 3rd richest man in South Africa, with a net worth of $2.8 billion. However, Rupert, who holds the title of coveted richest man in Africa, has a net worth of $12 billion. From these statistics, it’s obvious Johann Rupert is richer than Patrice Motsepe.