By | October 8, 2023

This article delves into the lives and achievements of the top 10 richest South African women who have not only amassed wealth but have also contributed positively to their communities and industries. South Africa, often referred to as the Rainbow Nation, is a land of diversity, culture, and immense opportunity. In recent years, its economic landscape has seen a significant shift, with women breaking through barriers and making their mark as some of the wealthiest individuals in the country.

Top 10 Richest South African Women

Here is a summary of the Top 10 Richest Women in South Africa and their Net worth

RankNameNet Worth (ZAR in billions)Industry
1Wendy Appelbaum2.6Diversified – Liberty Investors; De Morgenzon Wine Estate
2Wendy Ackerman1.9Retail – Pick n Pay
3Irene Charnley1.5Diversified – PSG Group
4Bridgette Radebe1Mining – Mmakau Mining
5Sharon Wapnick0.433Property – Wapnick Property Group
6Elizabeth Bradley0.332Retail – Truworths
7Wendy Luhabe0.27Investment – Wiphold
8Patrice Motsepe0.25Mining – African Rainbow Minerals
9Cheryl Carolus0.24Media – Independent Media
10Wendy Oldfield0.23Retail – Woolworths

1.Wendy Appelbaum’s Net Worth 2.6(ZAR in billions)

Wendy Appelbaum is the daughter of Donald Gordon, the founder of Liberty Investors. She inherited a significant portion of her father’s fortune, and she has also grown her wealth through investments in property and wine.

2. Wendy Ackerman’s Net Worth 1.9(ZAR in billions)

Wendy Ackerman is the daughter of Raymond Ackerman, the founder of Pick n Pay. She is the current chairwoman of the company, and she owns a significant stake in the company.

3. Irene Charnley’s Net Worth 1.5(ZAR in billions)

Irene Charnley is the wife of Jannie Charnley, the founder of the PSG Group. She owns a significant stake in the company, and she has also grown her wealth through investments in property and other assets.

4. Bridgette Radebe’s Net Worth 1(ZAR in billions)

Bridgette Radebe is the co-founder of Mmakau Mining, a mining company that focuses on coal and iron ore. She is also the wife of Patrice Motsepe, the billionaire chairman of African Rainbow Minerals.

5.Sharon Wapnick’s Net Worth 0.433 (ZAR in billions)

Sharon Wapnick is the founder and CEO of the Wapnick Property Group, a property development company. She has built a successful business by developing and selling commercial and residential properties.

6.Elizabeth Bradley’s Net Worth 0.332 (ZAR in billions)

Elizabeth Bradley is the former chairwoman of Truworths, a retail clothing company. She owns a significant stake in the company, and she has also grown her wealth through investments in property and other assets.

7.Wendy Luhabe’s Net Worth 0.27 (ZAR in billions)

Wendy Luhabe is the founder and chairwoman of Wiphold, an investment company. She is a successful businesswoman and investor, and she has also held a number of high-profile government positions.

8.Patrice Motsepe’s Net Worth 0.25 (ZAR in billions)

Patrice Motsepe is the co-founder of African Rainbow Minerals, a mining company that focuses on gold, platinum, and iron ore. She is also the wife of Bridgette Radebe, the co-founder of Mmakau Mining.

9.Cheryl Carolus’s Net Worth 0.24 (ZAR in billions)

Cheryl Carolus is the former CEO of Independent Media, a media company that publishes a number of newspapers and magazines. She is also a successful businesswoman and investor, and she has held a number of high-profile government positions.

10.Wendy Oldfield’s Net Worth 0.23 (ZAR in billions)

Wendy Oldfield is the former CEO of Woolworths, a retail food and clothing company. She owns a significant stake in the company, and she has also grown her wealth through investments in property and other assets.

why do we have more Wendy in the list?

There are a few possible reasons why there are more women named Wendy in the list of the top 10 richest South African women.

  • Coincidence: It is possible that it is simply a coincidence that there are more women named Wendy on the list. There are many factors that contribute to a person’s wealth, and name is not one of them.
  • Generational differences: The name Wendy was more popular in South Africa in the mid-20th century, when the women on the list were born. This means that there are more women named Wendy in this age group than in younger age groups.
  • Cultural factors: The name Wendy is associated with certain positive qualities, such as intelligence, success, and independence. These qualities may be more common among wealthy women.

Source. scoutafrica.net

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