Since Cyril Ramaphosa owns several successful businesses, he is among the country’s highest earners.
In his time as a South African politician and businessman, he has acquired a net worth of $550 million. He was South Africa’s Vice President from 1994 to 1997, before he was elected president on 15 February 2018.
One of the most influential people in southern Africa, he owns numerous companies including Sibanye-Stillwater, Lonmin, JCI Mining Services, and McDonald’s.
Ramaphosa, who grew up in a middle class family in Johannesburg, studied law at the well regarded University of Witwatersrand. Ramaphosa started out as a labor law attorney and eventually became a trade union leader and the founder of the National Union of Mineworkers (NUM).
When he was elected general secretary of the African National Congress (ANC) Youth League in 1987, he replaced a man who had challenged his
He dabbled in everything from business and politics to activism and trade unionism. Cyril Ramaphosa is known as “Mr Fixes” since he is responsible for the government’s investment in South African Airways and for transforming SABMiller into one of Africa’s largest firms (SAA).
South Africa’s new president, Cyril Ramaphosa, took office on February 15, 2019, and he has since worked relentlessly to improve the country’s image abroad and bring down the country’s persistently high unemployment rates.
Cyril Ramaphosa is South Africa’s current president. He entered the world on November 17, 1952, in Johannesburg, then part of the Republic of South Africa (during the apartheid era).
Ramaphosa is more widely known for his success as an entrepreneur than as a politician. He is the CEO of multiple firms, including the Shanduka Group he created.
Ramaphosa is a well-known entrepreneur and ex-vice president of South Africa. He also had served as CEO of MTN, the industry leader in Africa.
The Shanduka Group, headed by Ramaphosa, has made investments in a wide variety of sectors, including the banking and finance sector, the mining sector, and the real estate sector.
Mr. Ramaphosa has been an integral part in the success of several major South African businesses, including the Coca-Cola Bottling Company, MTN, and McDonald’s. He is a shareholder in several mining companies, including Gold Fields.
About 10% of South Africa’s population is employed by Cyril Ramaphosa’s companies, which are worth at over $3 billion.
Across the globe, Ramaphosa’s commercial and investment holdings are massive. Visiting his native country is essential to fully grasping his achievements.
He has defended economic development and pushed for black economic autonomy.
Cyril Ramaphosa’s birthplace was Johannesburg, South Africa. He entered this world in 1952. His mom was an educator and an ardent member of the African National Congress (ANC).
There, he focused on law and graduated with a Juris Doctor (JD).
He worked as an attorney for several companies until landing his dream job as the company’s general counsel at the startup he co-founded, Shanduka Group.
A labor activist at beginning, he eventually became a prominent leader in the movement. Additionally, he was an integral element of the anti-apartheid struggle and served as a presidential advisor to Nelson Mandela. Cyril Ramaphosa was elected president of South Africa in 2017 after his predecessor stepped down after public outcry over corruption allegations.