Who are the top 10 richest women in South Africa 2019?
It is no news that nowadays many women are growing progressively in wealth and it is really impressive as most of us know that it’s a man’s world. A woman who excels in a man’s world must be one step ahead of the men to be able to beat the odds; therefore it is good that such women are brought to the limelight and appreciated for inspiring other women not to see the men but themselves as competitors -we would be focusing on the richest women in South Africa 2019 only.
If they made the wealth themselves or inherited it is not the issue but what matters is that women will continue to be relevant in the creation of wealth as they are major decision makers over viable assets.
Top Ten Richest Women In South Africa 2019.
Here you get to know who the richest woman in South Africa 2019 is.
10. Christine Ramon
Christine Ramon was CEO of Johnnic Holdings Limited, but prior to being CEO she served as its financial director. Christine Ramon, who serves as the chief financial officer of gold mining company AngloGold Ashanti, at the 2018 CFO Awards was named South Africa’s CFO of the Year. Christine has been on the boards of Transnet SOC Limited and Johnnic Communications Limited and is presently a Non-Executive Director on the boards of MTN Group Limited and Lafarge(France). She was amongst the World Economic Forum’s nominees for 2007 Young Global Leader and presently has a net worth of R49 million.
9. Mamphela Ramphele
With the net worth of R55 million, Ramphele is arguably one of the richest black women in South Africa. Popularly known as a former activist against apartheid, a medical doctor, an academic and businesswoman, Ramphele was once a partner of the legendary anti-apartheid icon Steve Biko and they have two children together. Ramphele became one of the four Managing Directors of the World Bank -she is the first South African to hold this position. She co-founded ReimagineSA and in 2018 was voted co-president of The Club of Rome.
8. Nonhlanhla Mjoli-Mncube
Nonhlanhla is the managing Director of Mjoli Development Company and Eziko Investments. She is a Fellow of the fifth class of the Africa Leadership Initiative-South Africa as well as a member of the Aspen Global Leadership Network. She holds positions in several Johannesburg Stock Exchange listed companies in South Africa and has worked in leadership, in research, housing finance, construction, gender mainstreaming, and other sectors. Nonhlanhla is well known as the originator and chairperson of the Rural Housing Loan Fund and Women for Housing. She has a net worth of R94 million.
7. Judy Dlamini
Judy Dlamini is a South African businesswoman, author, Chancellor of the University of Witwatersrand and the founding chairman of Mbekani Group. Dlamini is chairwoman of Mbekani Investment Holdings, and she’s on the boards of directors of Johannesburg Stock Exchange- listed companies Anglo American, Aspen Pharmacare and Northam Platinum. She served as chairman of the board at Aspen Pharmacare Holdings from November 2007 until December 2015 while concurrently serving as non-executive director from July 2005 until December 2015. Her career began as a family medical practitioner, but when she became a victim of crime, she decided to study full time for an MBA, to become a businesswoman. With the net worth of R124 million, Judy Dlamini is considered as one of the richest South African women and one of the wealthiest black women in the country with the net worth of R124 million.
6. Elisabeth Bradley
Elisabeth’s parents were businessman Albert Wessels and journalist and renowned poet Elisabeth Eybers. Her father Albert introduced Toyota vehicles to South Africa in 1961 and by 1968 they were the most popular commercial vehicles in the country. Elisabeth was made the Managing Director of Wesco Investments(which had a large stake in Toyota South Africa) in 1986, after the death of her father in 1991 she was appointed Executive Chairperson but currently serves in Toyota SA Limited as the Non-Executive Chairperson. Elisabeth Bradley has made it to the list of the top ten richest women in South Africa with the net worth of R332 million.
5. Sharon Wapnick
Sharon’s father, Alec Wapnick, founded Octodec Investments and Premium Properties, both Real Estate Investment Trust companies. With the net worth of R433 million, Sharon Wapnick is said to have created the best part of her wealth from Alec Wapnick –her wealthy father. Both companies merged to become Octodec in 2014 with Sharon being one of the largest shareholders in the company as she is the Non-Executive Chairman and Director of Octodec Investments Limited and also Premium Properties Limited.
4. Bridgette Radebe
Bridgette Radebe, is a South African businesswoman and the older sister of South African businessman Patrice Motsepe. Radebe started out as an ordinary miner in the 1980s; managing individual shaft mining operations and producing materials for the larger mine operations in South Africa while working as a contract staff. She is the Founder, Executive Chairperson and CEO of Mmakau Mining (Pty) Ltd. Mmakau Mining has equity in platinum mines, coal, chrome and gold as well as in Shaft Sinkers, a company that specialises in shaft sinking, mining construction and development world-wide. She is also a member of the New Africa Mining Fund and serves on the Sappi Board. Bridgette Radebe has an estimated net worth of R1 billion. Radebe is the President of the South African Mining Development Association and her husband, Jeff Radebe is South Africa’s Minister in the Presidency.
3. Irene Charnley
Irene Charnley the CEO of Smile Telecoms Holdings Ltd, a Mauritius-based Pan-African telecommunications group with operations in Nigeria, Tanzania, Uganda, the Democratic Republic of the Congo and South Africa is a trade unionist who became a successful African businesswoman. She first came into limelight by being a negotiator under South Africa’s National Union of Mineworkers and served as the coordinator of the sub-units of this sector for 13 years. She was an executive director for one of Africa’s largest telecommunications company the MTN Group and a director at Johnnic Communications Limited. Her net worth currently is R1.5 billion.
2. Wendy Ackerman
Wendy Ackerman is one of the founders and a Non-Executive Director of Pick n Pay Stores. She joined her husband, Raymond Ackerman, in Pick n Pay when he got the company. She was appointed a Director in 1981 to be in charge of Employee Liaison, Staff Benefits and Welfare.
Wendy is self made and doesn’t stay in her husband’s shadow as she believes in hardwork -she once said “I’m afraid there are no short cuts, you’ve just jolly well got to work – that’s all there is to it.” I believe this belief of hers attributed in making her the second richest South African woman as she has a whooping net worth of R1.9 billion. Most part of her increasing wealth is attributed to a family business that accounts for nearly 50% stake of Pick `n’ Pay -the Ackerman Family Trust. Also note that “Pick `n’ Pay’’ is one of South Africa’s largest retail outlets. Wendy’s work among the underprivileged in South African society has also made her deeply involved in ideas to provide proper housing for the company’s employees.
1. Wendy Appelbaum
Wendy Appelbaum, daughter of Liberty Group founder Donald Gordon, is a trustee of The Tribune Trust, an investment holding trust, and a director of Victory Strategic Services (Pty) Limited. and Chair of De Morgenzon Wine Estate a wine farm and agricultural business in Stellenbosch. Appelbaum admitted to having benefits in being the daughter of such a powerful, influential father. She said it was almost like growing up in a business school. She got his passion and mind for business. However, her father is not responsible for her successes or current net worth of R2.6 billion. If you’ve asked yourself this, who is the richest woman in South Africa 2019? We’ve provided you with an answer.