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  • Patrice Motsepe announces he’s giving half his R23.94 billion fortune to charity
    Posted by on Jan 30th, 2013

    Patrice Motsepe, South African mining magnate and likely the richest man in the country has pledged to give half the money generated by his family assets to the Motsepe Foundation, a charity which improves the lives of the poor, disabled, women and youth. Motsepe’s fortune is estimated at $2.7 billion or R23.94 billion by Forbes.

    Motsepe also becomes the first African to join the Giving Pledge, which challenges the world’s wealthiest to give 50 percent or more of their fortune to charity.

    Nicely done chap.

    Hope Zuma and his pals are taking notes hey.

    “The Motsepe Foundation will focus on health, education and other developmental issue projects that will allow beneficiaries to be self-sustaining. The foundation commits to improving the living conditions and lifestyles, of the poor, unemployed and marginalised and collaborates with NGOs, churches, governments, community upliftment entities and other stakeholders.” [MoneyWeb]

    Proudly South African moment hey.

    Caramelizer says:
    January 01, 2013 at 2:02 pm

    Give that man a Bells!

    Max says:
    January 01, 2013 at 2:02 pm

    Publicity stunt

    Savage says:
    January 01, 2013 at 2:02 pm

    Why so Max?

    Nick says:
    January 01, 2013 at 2:02 pm

    Max, you are a doos! You are the typical naysayer who jumps to his own shortsighted conclusions. Why crit people when they do something good, especially on this scale – get a life boetie!

    Solz says:
    January 01, 2013 at 2:02 pm

    Well he actually gave it to HE’S OWN charity….so basically they money is still his.

    Rene says:
    January 01, 2013 at 2:02 pm

    What do I need to do to be registered as a charity?

    mtura says:
    January 01, 2013 at 2:02 pm

    good for u Patrice…max idiot..

    Teboho Seheri says:
    January 01, 2013 at 2:02 pm

    Thanks for giving back and helping but i would just like to say charity bigins at home and thats where people are poor “mmakau”

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