It does not matter how they attained their status of being rich women, be it through inheritance or working for it. What matters, however, is the fact that women are big decision makers and play a role in wealth creation.
Let’s look at some South African women who are better off than many of the South African men in terms of wealth.
10. Christine Ramon
Net-worth: R49, 67 Million
Since October of 2014, Christine Ramon has been the Executive Director and Chief Financial Officer of Anglogold Ashanti Limited. She is also currently a Non-Executive Director at Lafarge which is based in Paris, France and also at MTN Group Limited. She also holds the position of Deputy Chair of the Financial Reporting Standards Council in South Africa. Before these position, she served in many other top managerial positions in other well-known companies. In 2007, Christine Ramon was nominated by the World Economic Forum as a Young Global Leader. Her net-worth was last estimated to be about R49, 67 million.
9. Mamphela Ramphele
Net-worth: R55 Million
Mamphela Ramphele has held many titles, including medical doctor and activist and researcher. She has also been in various top positions of management in companies such as Gold Fields, Circle Capital Ventures Limited, and Remgro Limited. Currently, Mamphela Ramphele holds the title of author and is also one of the Managing Directors of the World Bank. In 2011, she was named as one of Africa’s Richest Women.
8. Nonhlanhla Mjoli-Mncube
Net-worth: R94 Million
Nonhlanhla Mjoli-Mncube currently holds the position of director and chairman in many different companies. She is also known for being the founder and the chairman of Women for Housing. With an impressive resume that speaks of her education and top managerial positions, her net-worth value was last estimated to be R94 million.
7. Judy Dlamini
Net-worth: R124 Million
According to Judy Dlamini, the only way to get wealthy is to focus, work hard, and be ambitious. She also said that creating wealth requires finding and pursuing something that you are passionate about. Judy Dlamini is currently the Chair of ASPEN Pharmacare Limited and Mbekani Investment Holdings Limited as well as many director positions at well-known organizations. In 2012, she was listed as one of South Africa’s richest women. With her net-worth last valued at R124 million, it’s no wonder that she maintains that title.
6. Elisabet Bradley
Net-worth: R332 Million
Elisabet Bradley is currently a Non-Executive Chairperson at Toyota SA Limited and also holds other top positions at various other organizations. She was also in the position of Director at many well-known companies prior to her current positions. In the year of 2012, Elisabet Bradley was listed as one of Africa’s Richest Women as well as one of the richest women in South Africa. Her total net-worth was last estimated at approximately R322 million.
5. Sharon Wapnick
Net-worth: R443 Million
Daughter of the billionaire Alec Wapnick who started the property management company City Property in 1968, Sharon Wapnick inherited her wealth from her father. She is the Non-Executive Chairman and a Non-Executive Director at both Premium Properties Limited and Octodec Investments Limited. She was also named as one of the richest women in both Africa and South Africa, as well as one of the top largest shareholders in Premium Properties Limited and Octodec Investments Limited.
4. Bridgette Radebe
Net-worth: R1 Billion
In 2008, Bridgette Radebe was awarded International Business Person of the Year. She was also named one of Africa’s richest women in 2012. Although holding quite a few top positions in some companies, she is known for her position as Founder and Executive Chairperson at Mmakau Mining Limited. She is also the older sister of the South African billionaire Patrice Motsepe. Bridgette Radebe was last rated of having a net-worth of R1 billion.
3. Irene Charnley
Net-worth: R1.5 Billion
A trustee of different funding organizations and a member of a few community committees, Irene Charnley first made her mark coordinating the sub-units as a negotiator for South Africa’s National Union of Mine workers. She currently holds many Director positions at companies such as Johnnic Communications Limited, Time Media Limited, and MIH Limited. She holds an award for businesswoman of the year and, in 2012, was listed as one of Africa’s Richest Women.
2. Wendy Ackerman
Net-worth: R1.9 Billion
Wendy Ackerman has mainly made her money through the Ackerman Family Trust which owns half of the biggest retail establishment in South Africa known as Pick ‘n Pay. Some of her titles include trustee, life governor, and board member. Currently, while being a teacher at the English Academy in Johannesburg, she is also a Non-Executive Director of Pick N Pay Holdings Limited. Wendy Ackerman is known by SA Nature Foundation for her phenomenal achievement and contribution to the conservation of the environment. She holds a few awards such as woman of the year, a Humanitarian Award, and a Paul Harris Fellowship Award. She was also named as one of the richest women in Africa and South Africa in the year 2012.
1. Wendy Appelbaum
Net-worth: R2.6 Billion
In 2006, Wendy Appelbaum was awarded one of the leading women entrepreneurs of the world. In 2012, she was listed in Africa and South Africa as one of the richest women. Wendy Appelbaum is the owner, along with her husband Hylton Appelbaum, of the Chair De Morgenzen Wine Estate, which ranks highly among the top Wine farms in Cape Town. She is also a member of a few charity organizations and once donated a total of R150 million to establish the Gordon Institute of Business Science and the Donald Gordon Medical Center.