Top 15 JSE-listed executives in South Africa

Top 15 JSE-listed executives in South Africa

The City Press Wealth Index, compiled by Who Owns Whom, is a list reflecting the 50 wealthiest South African directors of JSE-listed companies according to the shares they owned at the end of March. Importantly, no other assets, such as shares, bonds, and debt, are taken into consideration in this ranking. Altogether, the 50 executives on this list are worth a cumulative R323 billion!

Here are the top 15 JSE-listed executives in South Africa:





Ivan Glasenberg



R71.8 billion

Christo Wiese


Shoprite, Brait, Steinhoff and Tradehold

R32.8 billion

Patrice Motsepe


African Rainbow Minerals and Sanlam

R22.8 billion

Laurie Dippenaar



R15.8 billion

Ivan Saltzman



R15.6 billion

Stephen Saad



R14.4 billion

Koos Bekker



R13.6 billion

Johann Rupert


Reinet, Remgro and Richemont

R13.2 billion

John Whittaker


Intu Properties

R12.9 billion

Michiel le Roux



R11.6 billion

Desmond Sacco



R9.8 billion

Jannie Mouton



R9.3 billion

Adrian Gore



R8.5 billion

Giovanni Ravazzotti



R5.2 billion

Gus Attridge



R4.9 billion

Reflections on the Wealth Index:

The list speaks highly of the current wealth gap in South Africa. Of the top 50, only 5 executives are black. A decade ago, there were 13 black executives on the list.

Coming in at the 40th spot, Sygnia chief executive Magda Wierzycka is the only woman to make the list.

The average age of the top 50 execs is 61.

The assets underpinning the top 50’s fortunes have shifted decisively away from mining with the spectacular rise of financial services companies and the appearance in South Africa of frequently speculative property investment vehicles, real estate investment trusts, pioneered in the US. While ,Wendy Appelbaum is estimated to be the richest woman in South Africa, she is not on the list because she has no current JSE-directorship.

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Top 15 JSE-listed executives in South Africa

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