The cliché you’ll most often hear from feminists will infer something similar to the overused sentiment – what a man can do, a woman can do better. Considering the large bulk of the world’s total wealth women control, it is clear the world can no longer overlook the increasing influence of the feminine flock.
It doesn’t matter much if they made the wealth themselves or inherited it. The punch line remains that women will always, and in a rapid progression continue to be relevant to wealth creation as they are major decision makers over invest-able assets. Below are South African ladies who are better off than many South African men as long as wealth is concerned.
Top 10 Richest Women In South Africa
10. Christine Ramon
Net-worth: R49, 67 Million
Christine Ramon has served in various top managerial positions of well-known organizations. She was nominated as a Young Global Leader by the World Economic Forum in 2007 and is presently the Executive Director and Chief Financial Officer of AngloGold Ashanti Limited since 1st October 2014. Her net-worth was last estimated at R49,67 million.
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9. Mamphela Ramphele
Net-worth: R55 Million
Mamphela Ramphele is well-known as a politician, a former activist against apartheid, a medical doctor, an academic and as a businesswoman. She was named among the nine in “Africa’s Richest Women 2011” who worth at least USD $50 million.
8. Nonhlanhla Mjoli-Mncube
Net-worth: R94 Million
Nonhlanhla created the wealth she owns through sheer hard work and dedication. She is recognized as the Chairwoman and Founder of Women for Housing and the Rural Housing Loan Fund. Her resume speaks of her impressive accomplishments and she was last estimated to have a net-worth value of R94 million.
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7. Judy Dlamini
Net-worth: R124 Million
Currently, Judy Dlamini is occupying a top position at Mbekani Investment Holdings Limited and Aspen Pharmacare Limited.
Her net-worth was last valued at R124 million. She once advised that creating wealth requires finding and pursuing a passion. According to her, “you need to be ambitious, focus and work hard.” To her, that’s the only way to get wealthy as there is no shortcut.
6. Elisabet Bradley
Net-worth: R332 Million
Elisabeth Bradley previously served as an Executive Director of AngloGold and is, a Non-Executive Chairwoman of Toyota SA Limited. She is the daughter of Albert Wessels who is regarded as the first person that brought the Toyota brand to South Africa. Her net worth was estimated at the value of about R332 million.
5. Sharon Wapnick
Net-worth: R433 Million
Apparently, Sharon inherited her wealth from her father Alec Wapnick. Forbes reported Sharon as one of the top 5 largest shareholders in Octodec Investments and Premium Properties which are both property loan stock companies listed on the Johannesburg Securities Exchange. Sharon is the Non-Executive Chairman and a Non-Executive Director of Premium Properties Limited. Also, she is the Non-Executive Chairman and a Non-Executive Director of Octodex Investments Limited.
4. Bridgette Radebe
Net-worth: R1 Billion
Bridgette Radebe is the elder sister to South African billionaire Patrice Motsepe. Forbes reported her as the “founder of Mmakau mining, a Johannesburg-based junior mining firm with key mining assets in coal, gold, uranium and platinum. She got a start in the early 90s managing shafts, producing and procuring for larger mining firms in South Africa.” Her net-worth was last rated at R1 billion.
3. Irene Charnley
Net-worth: R1.5 Billion
Records show that Irene Charnley has worked for numerous companies as an Executive Director. But she first made her mark when she spent 13 years coordinating the sub-units of South Africa’s National Union of Mineworkers as a negotiator. According to whoswho, she’s a Non-Executive Director for MTN Group Limited, a Director of Johnnic Communications Limited, and a Non-Executive Director for Firstrand Limited.
2. Wendy Ackerman
Net-worth: R1.9 Billion
Wendy’s wealth comes from the Ackerman Family Trust which owns about 50% of “Pick ‘n’ Pay”; one of the biggest retail establishment in South Africa. Forbes narrated that “the US$3 billion (market cap) company has operations in Namibia, Mozambique, Zambia, Zimbabwe and Australia.” She’s a Non-Executive Director of Pick ‘n’ Pay Holdings Limited and is well-known for her contributions to environmental conservation. As seen above, her net-worth was last estimated at R1.9 billion.
1. Wendy Appelbaum
Net-worth: R2.6 Billion
Wendy Appelbaum is most known as the owner of DeMorgenzon Wine Estate which she reportedly purchased with her husband, Hylton Appelbaum. She once donated R150 million to create the Gordon Institute of Business Science and the Donald Gordon Medical Center.