Patrice Motsepe
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Full Name and Common Aliases

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Full Name: Patrice Tlhopane Motsepe

Commonly known as: Mr. Harmony (a nickname given to him due to his diplomatic and conciliatory approach in business and politics)

Birth and Death Dates

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Born: January 5, 1962 (age 61)

Alive: Yes (no record of passing away or dying)

Nationality and Profession(s)

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Nationality: South African

Profession(s): Businessman, Investor, Philanthropist, Politician

Early Life and Background

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Patrice Motsepe was born on January 5, 1962, in Soweto, Johannesburg, South Africa. His father, Phathutshedzo Patrick Motsepe, was a businessman who owned several companies, including a chain of funeral homes and a coal mining business. Growing up in a family that valued education and entrepreneurship, Patrice developed an interest in business from a young age.

He attended the University of Fort Hare, where he graduated with a Bachelor's degree in Law (LLB). After completing his studies, Motsepe worked as a lawyer for several years before deciding to pursue a career in business. He started by investing in various companies and eventually built his own business empire.

Major Accomplishments

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Founder of African Rainbow Minerals: Patrice Motsepe founded African Rainbow Minerals (ARM) in 1997, which later became one of the largest mining companies in South Africa.
First black billionaire in South Africa: In 2008, Motsepe became the first black person to become a billionaire in South Africa, according to Forbes magazine. His net worth was estimated at over $2.4 billion.
Owner of Mamelodi Sundowns Football Club: Patrice Motsepe is the owner and chairman of Mamelodi Sundowns FC, one of the most successful football clubs in South Africa.

Notable Works or Actions

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Patrice Motsepe has been involved in various philanthropic efforts throughout his career. Some notable examples include:

African Rainbow Capital: In 2014, Motsepe founded African Rainbow Capital (ARC), a private equity company that focuses on investing in South Africa and other emerging markets.
Patrice Motsepe Foundation: The Patrice Motsepe Foundation is a non-profit organization established by Motsepe to support education, healthcare, and economic empowerment initiatives in South Africa.

Impact and Legacy

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Patrice Motsepe's impact on South African business and politics cannot be overstated. His success as an entrepreneur has inspired countless others to pursue careers in business and investing. He is also known for his efforts to promote economic empowerment and job creation in South Africa, particularly among the country's black majority.

Why They Are Widely Quoted or Remembered

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Patrice Motsepe is widely quoted and remembered due to his:

Business acumen: As a successful entrepreneur and investor, Motsepe has demonstrated an uncanny ability to identify lucrative business opportunities and build successful companies.
Philanthropic efforts: Through the Patrice Motsepe Foundation and other initiatives, Motsepe has made significant contributions to education, healthcare, and economic empowerment in South Africa.
Leadership roles: As chairman of Mamelodi Sundowns FC and founder of African Rainbow Capital, Motsepe continues to play a prominent role in shaping the business landscape of South Africa.