Here’s list of the richest women in South Africa. These wealthy ladies could literally give the men a run for their money!
Wendy Appelbaum — R1,99 billion/ $259 millionMain income source: Gordon Family Trust
Wendy Appelbaum, daughter of Liberty Life founder Donald Gordon, was a director of Liberty Investors, the holding company of Liberty Group (Liberty International changed its name to Capital Shopping Centres Group in 2010, and Appelbaum still holds shares).
Wendy Ackerman — R1,46 billion/ $190 million
Main income source: Ackerman Family Trust
Wendy Ackerman was made a director in 1981. Her focus has been the development of Pick n Pay’s employee benefits. She and her husband Raymond control the Ackerman Family Trust, which owns half of Pick n Pay, but they retired from the company’s board in 2012. However, they are still involved in overseeing its expansion into Africa.
Main income source: Ackerman Family Trust
Wendy Ackerman was made a director in 1981. Her focus has been the development of Pick n Pay’s employee benefits. She and her husband Raymond control the Ackerman Family Trust, which owns half of Pick n Pay, but they retired from the company’s board in 2012. However, they are still involved in overseeing its expansion into Africa.
Pam Golding – R640 million / $83 millionMain income source: Pam Golding PropertiesPam Golding is the Founder and Chairperson of the Pam Golding Property Group. What initially began as a hobby over 40 years ago developed into a fully-fledged and highly successful career, and Pam Golding Properties was launched in the challenging year of 1976 with virtually no capital and one sales assistant. Golding made the Forbes Africa’s Richest Women list in 2012.
Sharon Wapnick — R334 million/ $43 million
Main income source: Premium Properties/Octodec
Sharon Wapnick has extensive experience in the property industry with particular emphasis on legal matters. She has been the Non Executive Chairman of Premium Properties Ltd since October 2010. She has been Chairperson of Octodec Investments Ltd since October 2011 and she has been Director of Premium Properties Ltd since September 1994.
Main income source: Premium Properties/Octodec
Sharon Wapnick has extensive experience in the property industry with particular emphasis on legal matters. She has been the Non Executive Chairman of Premium Properties Ltd since October 2010. She has been Chairperson of Octodec Investments Ltd since October 2011 and she has been Director of Premium Properties Ltd since September 1994.
Elisabeth Bradley — R246 million/ $31.9 million
Main income source: Diversified Portfolios
In her 70s and having retired from the boards she sat on, Elisabeth Bradley still retains influence as the fourth wealthiest woman in the country. Bradley, who holds a BSc from what was then the University of the Orange Free State and an MSc from London University, worked as a research chemist in the United States for a year in the early 1960s.
Main income source: Diversified Portfolios
In her 70s and having retired from the boards she sat on, Elisabeth Bradley still retains influence as the fourth wealthiest woman in the country. Bradley, who holds a BSc from what was then the University of the Orange Free State and an MSc from London University, worked as a research chemist in the United States for a year in the early 1960s.
Irene Charnley – R150 million/ $19.4 million
Main income source; Johnnic Communications
Charnley started out as a trade unionist for the National Union of Mineworkers. After 13 years of service for NUM, she became the executive director of the MTN Group. She would later move onto Johnnic Communications. During her time at Johnnic (from 1996 to the late-2000s), she would help 32,000 disadvantaged South Africans buy shares in her company.
Main income source; Johnnic Communications
Charnley started out as a trade unionist for the National Union of Mineworkers. After 13 years of service for NUM, she became the executive director of the MTN Group. She would later move onto Johnnic Communications. During her time at Johnnic (from 1996 to the late-2000s), she would help 32,000 disadvantaged South Africans buy shares in her company.
Dr Judy Dlamini — R124 million/ $16.1 millionMain income source: Aspen
Dr Judy Dlamini is a qualified doctor where she started her working life as a general practitioner and later specialised in occupational health. She co-led Imithi Investments in its acquisition of 8% of Aspen Pharmacare Holdings Ltd and currently chairs the board. Dlamini has made several other investments in property, tourism and logistics sectors.
Nonhlanhla Mjoli-Mncube — R94 million/ $12.1 million
Main income source: Capitec/WBHO
Nonhlanhla Mjoli-Mncube is currently an economic advisor for President Jacob Zuma. She runs her own companies Mjoli Development Company (Pty) Ltd, Eziko Investments and The Alpha Network for Women. Mjoli-Mncube sits on several boards including Capitec Bank, WBHO Construction, Tongaat Hulett Sugar and Emira Property Fund amongst others.
Main income source: Capitec/WBHO
Nonhlanhla Mjoli-Mncube is currently an economic advisor for President Jacob Zuma. She runs her own companies Mjoli Development Company (Pty) Ltd, Eziko Investments and The Alpha Network for Women. Mjoli-Mncube sits on several boards including Capitec Bank, WBHO Construction, Tongaat Hulett Sugar and Emira Property Fund amongst others.
Dr. Mamphela Ramphele – R93 million/ $12 millionMain income source: various companies
Besides focusing on politics lately, Mamphela Ramphele is the Chairperson of Circle Capital Ventures Limited. She was the former Chairperson of Goldfields Limited. On top of this, she is director on the board of companies such as Medi-Clinic, Anglo American, Transnet, Standard Bank and Remgro.
Christine Ramon — R49,67 million/ $6.4 million
Main income source: Sasol
Christine Ramon is an Executive Director and the Chief Financial Officer of Sasol Limited. She completed the Senior Executive Programme at Harvard Business School in conjunction with Wits Business School. She currently serves as Deputy Chair of the Financial Reporting Standards Council in South Africa.
Main income source: Sasol
Christine Ramon is an Executive Director and the Chief Financial Officer of Sasol Limited. She completed the Senior Executive Programme at Harvard Business School in conjunction with Wits Business School. She currently serves as Deputy Chair of the Financial Reporting Standards Council in South Africa.
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