These two South Africans now rank among the many world’s 250 richest folks

Almost all of South Africa’s super-wealthy people have seen their fortunes develop over the past 12 months, with two native billionaires now ranked among the many richest 250 folks on this planet.

Forbes has printed its annual Billionaires List for 2022, monitoring the wealth of the world’s richest folks over the past 12 months, together with 5 from South Africa.

In the 2022 rating, luxurious items tycoon Johann Rupert ranks because the richest man in South Africa with an estimated web price of $8.9 billion, up 25% from $7.1 billion in 2021.

Rupert strikes forward of mining magnate Nicky Oppenheimer, whose fortune of $8.7 billion tracks carefully behind. Both Rupert and Oppenheimer now rank throughout the high 250, inserting 230th and 241st, respectively.

South Africa’s different billionaires embody acquainted names on the listing – mineral assets boss Patrice Motsepe noticed his fortune develop by $400 million over the interval, whereas Capitec founder Michiel le Roux has cemented his place on the rating together with his web price rising to $1.8 billion.

The solely native billionaire to undergo a loss is media mogul Koos Bekker, whose wealth declined by 23% over the past 12 months to $2.3 billion from $3 billion.

Billionaire 2021 2022 Change %
Johann Rupert $7.1 billion $8.9 billion +$1.8 billion +25.4%
Nicky Oppenheimer $8.0 billion $8.7 billion +$700 million +8.8%
Patrice Motsepe $2.9 billion $3.3 billion +$400 million +6.9%
Koos Bekker $3.0 billion $2.3 billion -$700 million -23.3%
Michiel le Roux $1.1 billion $1.8 billion +$700 million +63.6%

Like South Africa’s billionaires, the worldwide elite have been slaves to the worldwide market, hit by the Covid pandemic, sluggish markets, and extra just lately, the Russian invasion of Ukraine.

While many billionaires hit is huge and noticed their wealth boosted by these occasions, not all have been as fortunate. Counting 2,668 billionaires in 2022, the Forbes rating was 87 folks lighter than in 2021.

Collective billionaire wealth was additionally down, the group stated – $400 billion lower than in 2021 ($12.7 trillion).

“The most dramatic drops have occurred in Russia, where there are 34 fewer billionaires than last year following Vladimir Putin’s invasion of Ukraine, and China, where a government crackdown on tech companies has led to 87 fewer Chinese billionaires on the list,” Forbes stated.

“Still, [there are] more than 1,000 billionaires who are richer than they were a year ago. And 236 newcomers have become billionaires over the past year,” it stated.

There have been two notable adjustments among the many high 10 this 12 months – the primary being a brand new international primary in Elon Musk, with an estimated web price of $219 billion, up 45% from final 12 months.

Musk supplants Amazon founder Jeff Bezos, who really noticed his wealth decline over the past 12 months.

The second notable change is that Meta (Facebook) founder Mark Zuckerberg has dropped out of the highest 10 completely, now rating fifteenth total. Zuckerberg’s fortune dropped 31% over the past 12 months, monitoring many controversies round faux information and misinformation being unfold on the Facebook platform, in addition to the corporate’s rebranding course of.

These are the richest folks on this planet:

# Billionaire 2021 ($bn) 2022 ($bn) % change
1 Elon Musk 151.0 219.0 +45.0%
2 Jeff Bezos 177.0 171.0 -3.4%
3 Bernard Arnault 150.0 158.0 +5.3%
4 Bill Gates 124.0 129.0 +4.0%
5 Warren Buffet 96.0 118.0 +22.9%
6 Larry Page 91.5 111.0 +21.3%
7 Sergey Brin 89.0 107.0 +20.2%
8 Larry Ellison 93.0 106.0 +14.0%
9 Steve Ballmer 68.7 91.4 +33.0%
10 Mukesh Ambani 84.5 90.7 +7.3%
230 Johan Rupert 7.1 8.9 +25.4%
241 Nicky Oppenheimer 8.0 8.7 +8.8%
913 Patrice Motsepe 2.9 3.3 +6.9%
1341 Koos Bekker 3.0 2.3 -23.3%
1645 Michiel le Roux 1.1 1.8 +63.6%

Read: South Africa’s richest man focused in anti-colonialism protest

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