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Money and Power: Top 10 Richest South African Politicians

From Thabo Mbeki to Jacob Zuma - South Africa has its own version of Donald Trump - loaded with cash and political muscle or financial clout.

Below we preview SA politicians who are loaded with both political muscle and money. 

Thabo Mbeki – R138 million
Thabo Mbeki is the South African politician and was the president of South Africa from 1999 to 2008 as the second post-apartheid president of South Africa.

He used his authority as the president to increase the household income and jobs creations and during his occupancy the economy grew with an average rate of 4.5 percent per year.

President Jacob Zuma 

Jacob Zuma – R276 million
Jacob Zuma is a South African politician and the current president of South Africa. He was first elected in 2009 general election and was elected again in 2014. He is also the president of the African National Congress (ANC).

Frederik Willem – R635 millionFrederik Willem is the South African politician and served as the president of country’s state from 1989 to 1994. Frederik was the 7th and the last head of the South African state under the apartheid era. 

He plays a major role to transform the South Africa into non-racial democratic state and reduces the discrimination and has given equal voting rights to the citizens of Africa. He receives the Nobel Peace Prize with the Nelson Mandela in 1993 for his contribution the end the apartheid in Africa.

Mike Teke – R936 millionMike Teke is the South African politician and the president of the SA Chamber of the Mines. He is the founder of the beneficiation and mining company “Dedicoal” and the non-executive director of the Rolfes Tech Holdings. 

He is also the chairman of the Optimum Coal which he cofounded. He is also a shareholder of the cratos capital.

Saki Macozoma – R979 millionsakumzi Justice Macozoma is a South African former political prisoner who is now one of South Africa’s most prominent businessman and a leader in civil society. 

Macozoma became the member of the parliament in 1994 but he left the legislation authority and becomes the MD of the Transnet Ltd which is the largest network and controls the railway network in South Africa. 

He is the head of the Liberty Holdings and the vice chairman of the standard bank.

Tokyo Sexwale – R2.7 BillionTokyo Sexwale is a South African businessman and politician. After the 1994 general election—the first fully democratic election in South Africa—Sexwale became the Premier of Gauteng Province.

He founded Mvelaphanda Holdings, a company of which he is still executive chairman. Mvelaphanda is primarily focused on the mining, energy, oil, diamond mining and related sectors.

He is also a former political prisoner and the anti-apartheid activist with charismatic leader Nelson Mandela. He is a major participant in the diamond industry.

Mvelaphanda Group is the third largest company in the diamond sector after De Beers and the JFPI Corporation. He is the director of the Absa Limited, Allied Electronics and Gold Fields. He is also the chairman of Trans Hex and Northam Platinum Limited.

Cyril Ramaphosa – R7.4 BillionMatamela Cyril Ramaphosa is a South African politician, businessman, activist, and trade union leader who has served as the Deputy President under President Jacob Zuma since 2014. 

He is the chairman of national planning commission which is accountable for the strategic planning of the country.

Cyril Ramaphosa made his fortune mostly through the Shanduka group, though he is also the chairman of Bidvest, while being a non-executive director in Macsteel Holdings, Alexander Forbes and Standard Bank. - Online Sources 

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