Billionaire Patrice Motsepe Makes $742m From Landmark BEE Deal

South African billionaire Patrice Motsepe has added over R8bn ($742 million) to his $2.7 billion fortune after his R200m ($19 million) investment in Sanlam’s Ubuntu-Botho BEE deal in 2004 recently matured, adding a return of 45 percent per year for the last 10 years.

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