Do you have any idea who owns the most prosperous football teams in South Africa? If you believe that Patrice Motsepe, owner of Mamelodi Sundowns, is the wealthiest Premier Soccer League team owner in South Africa, you are mistaken.

Mostepe held the title of being the richest PSL team owner in terms of net worth for a considerable amount of time until being dethroned by another billionaire.

The top 10 PSL club owners are profiled below based on the wealth information that they have disclosed.

4. Brian Joffe — Bidvest Wits (15,000,000 ZAR)

Mr. Brian Joffe In the year 1988, we established bid Cooperation. 1971 was the year that he graduated from Lavitt Kirson Gross with a bachelor's degree. His organization is called Bidvest Group Limited, and he serves as the Chief Executive Officer there. He has more than 31 years of experience working in the commercial sector, primarily in the United States but also elsewhere. His estimated net worth is fifteen million dollars, according to the sources.

3. Irvin Khoza — Orlando Pirates (R167.9 million)

It is reported that Khoza took complete leadership of the pirates in 1991, at which time the team saw increased stability and gained new sponsors. As a result of khoza's leadership, Buzs became the first club from South Africa to win the African Champions Cup in the year 1995.

2. Patrice Motsepe — $2.4 Billion.

The Mining Magnet entered football in 2004 after obtaining 21% of the club's interests from the Tsichlas family in 2003. Since then, Mamelodi Sundowns have gone on to win several titles, including the CAF Champions League, which is the club's most significant victory to this day.

1. Johann Rupert — $7.1 Billion (Stellenbosch)

Rubert first got familiar with South African football in 2016, when his business Remgro purchased the Cape Town-based team Vasco Da Gama. At the conclusion of the 2018-19 season, Vasco Da Gama gained instant promotion to the Absa Premiership. This was Rubert's first experience with South African football.

In addition to football, the business magnate enjoys a number of other sports and hobbies, including cricket and golf.

Both Ramgro and Richemont, a Swiss luxury goods company with interests in industrial mining and finance, now report to Rupert, who serves as chairman of both companies.

According to the 2019 Forbes Rich List, Rupert is the second wealthiest person in South Africa, just after Nicky Oppenheimer, whose net worth is estimated to be $7.3 billion (R108 billion).

Source:

https://www.newshub360.net/richest-football-club-owners-in-south-africa/

https://www.newshub360.net/richest-football-club-owners-in-south-africa-patrice-motsepe-is-3rd/