South Africa's 8 billionaires rake in the cash

South Africa's 8 billionaires rake in the cash

South Africa’s eight wealthiest individuals and families have a combined net worth of about $40.7 billion (R662 billion) as of 7 March 2026, according to the Forbes Real-Time Billionaires List. The ranking tracks the fortunes of the world’s richest people based on share prices, exchange rates and other publicly available financial data. It shows little movement at the top of South Africa’s wealth rankings since the start of the year. South Afric…

South Africa’s BEE billionaires: who won, who was left behind

When Nelson Mandela walked out of Victor Verster Prison on Feb. 11, 1990, he stepped into a country whose economy had been deliberately engineered to exclude most of the people who lived in it. Black South Africans, who made up roughly 80% of the population, owned almost nothing of consequence — not the mines under their feet, not the banks that held their wages, not the farms on which their grandparents had labored. That was not an accident. It…