How did Cyril Ramaphosa amass his fortune? As South Africa’s President and a former businessman, his financial background is as compelling as his political career. From leading the nation to running successful businesses, his journey is one of influence and wealth.
This article delves into Cyril Ramaphosa net worth, his sources of income, his business investments, and how his financial standing impacts South Africa’s economy.
Keep reading to uncover the financial empire of one of the most powerful figures in Africa.
Cyril Ramaphosa Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Matamela Cyril Ramaphosa |
| Popular Name | Cyril Ramaphosa |
| Birth Date | November 17, 1952 |
| Age | 72 years old (March 19, 2025) |
| Birthplace | Soweto, Johannesburg, South Africa |
| Nationality | South African |
| Ethnicity | Venda |
| Education | University of South Africa (1981) |
| Marital Status | Married |
| Spouse | Tshepo Motsepe (m. 1996), Nomazizi Mtshotshisa (m. 1991–1993) |
| Children | Four children |
| Dating | N/A |
| Siblings | He is the second of three children |
| Parents | Erdmuth Ramaphosa, Samuel Ramaphosa |
| Height | N/A |
| Net Worth | N.A |
| Source of Wealth | Politics, Business (Shanduka Group, McDonald’s South Africa, etc.) |
What is the Net Worth Of Cyril Ramaphosa in 2025?
Cyril Ramaphosa’s net worth has been a subject of speculation. While his last reported net worth in 2018 was R6.4 billion ($450 million), there have been no public updates since. Given his continued presidency and past business empire, his wealth remains substantial, though exact figures are undisclosed.
His financial status places him among Africa’s influential leaders, alongside other high-net-worth individuals in business and politics.
Many wealthy figures in South Africa have seen their fortunes shift due to economic trends, corporate interests, and market fluctuations.
Related People and Companies
- Shanduka Group
- MTN Group
- Lonmin
- African National Congress (ANC)
- Democratic Alliance (DA)
- McDonald’s South Africa
- South African Government
- Bidvest
- Glencore
- Alexander Forbes
Want to explore more about the world’s wealthiest figures? Check out the top-earning celebrities and see how their fortunes compare.
Cyril Ramaphosa Wealth, Salary, and Financial Overview
How Much Does He Earn as President of South Africa?
South African presidential salaries are not publicly disclosed, making it difficult to pinpoint Ramaphosa’s exact earnings. However, past estimates suggest that South African presidents earn a competitive salary, often supplemented by allowances and benefits.
In addition to his official salary, Ramaphosa’s business background and investments continue to add to his wealth, despite stepping away from direct business involvement upon taking office.
What Are Cyril Ramaphosa’s Sources of Wealth?
Ramaphosa’s wealth stems from multiple sources:
- Political Salary – Although his official earnings are unknown, South African presidents have historically received high salaries.
- Business Ventures – He founded Shanduka Group, which held stakes in multiple industries, including mining, energy, and real estate.
- Investments – He has had financial interests in companies like MTN, Lonmin, and McDonald’s South Africa.
- Real Estate and Cattle Farming – His Ntaba Nyoni farm specializes in high-value Ankole cattle breeding.
How Did Cyril Ramaphosa Build His Fortune?
Before entering politics, Ramaphosa built a powerful business empire. He transitioned from being a trade union leader to becoming a business mogul, leveraging his influence to acquire high-value assets.
- Early Political Career – Gained prominence in the anti-apartheid movement, later leading South Africa’s constitutional reforms.
- Corporate Leadership – Held key positions at Bidvest, MTN, and Lonmin, growing his wealth through investments.
- Shanduka Group – Founded in the early 2000s, it became a multi-billion-rand investment firm, acquiring stakes in mining, telecom, and finance.
What Businesses and Investments Does Cyril Ramaphosa Own?
Although he stepped away from direct business management when he became South Africa’s Deputy President in 2014, he previously owned or had stakes in:
- Shanduka Group – A diversified investment holding company.
- MTN Group – Telecommunications giant.
- Lonmin – A controversial mining company.
- McDonald’s South Africa – Exclusive franchise rights (later sold).
- Glencore – Investment in the coal mining sector.
His extensive investment background played a crucial role in shaping South Africa’s business landscape.
How Does Cyril Ramaphosa’s Wealth Influence South Africa’s Economy?
As both a businessman and a politician, Ramaphosa’s financial influence extends beyond personal wealth:
- Government Policy – His leadership impacts economic reforms and corporate regulations.
- Investment Climate – His presidency has focused on foreign investment and economic development.
- Public Perception – Critics argue that his wealth raises ethical questions about financial transparency in politics.
What Are the Controversies Surrounding His Financial Affairs?
Ramaphosa’s financial background has not been without controversy:
- Marikana Massacre (2012) – His role as a Lonmin director drew criticism after police killed striking miners.
- Business vs. Politics – Concerns over potential conflicts of interest due to his past investments.
- Phala Phala Scandal (2022) – Allegations of undeclared cash at his game farm sparked national debate.
Despite these controversies, he has maintained strong political support and remains a dominant figure in South African leadership.
How Transparent Is He About His Finances?
Transparency in political finance is a major issue in South Africa. While some details of his financial activities are publicly available, his exact salary, investment details, and personal wealth remain unclear.
As President, he has supported financial disclosure laws, but critics argue that his personal finances lack full transparency.
What Is Cyril Ramaphosa’s Financial Legacy?
Ramaphosa’s legacy extends beyond his personal fortune:
- Economic Impact – His business acumen has shaped investment policies.
- Political Influence – He has led South Africa through economic reforms.
- Corporate Governance – His career has influenced South African corporate policies.
His financial journey serves as a case study in political wealth, business strategy, and economic leadership.
Conclusion
Cyril Ramaphosa’s net worth and financial background reflect a life of political and business success. His career continues to shape South Africa’s economy, but questions about financial transparency and wealth accumulation persist.
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