Patrice Motsepe has a net worth of $2.65bn (£1.67bn) according to Forbes estimates.
Mr Motsepe made the announcement of giving half of his wealth to the poor at an event in Johannesburg, where on a live video link Microsoft founder Mr Gates praised his decision.
He said he was also going to join the The Giving Pledge, a campaign started by Mr Gates and investor Mr Buffet in 2010. So far more than 70 billionaires have signed up to it.
“I decided quite some time ago to give at least half of the funds generated by our family assets to uplift poor and other disadvantaged and marginalised South Africans but was also duty-bound and committed to ensuring that it would be done in a way that protects the interests and retains the confidence of our shareholders and investors,” Mr Motsepe said in a statement.
KUDOS..
- Oderinde Modinat Ajoke Lawal, Wankie Moruri, Okereke Chinazor and 4 others like this.
- Euphemiah King Thank God 4 him, my heart desire is dta 1 day i will stand to help d poor, we can start wit d little we have.kudos man
- Oyejola Taiwo Anuoluwapo this is wat makes God happy. God wil bless him d more in jesus name,and i pray dat wen i get there i wil do greater dan him
- Ihebom Chialu he has a large heart indeed, others should emulate him because God gives people wealth so that they could use it to touch the life of the less fortunate.
- Kenvin Don Simon · 4 mutual friendsnice one! Naija ppl shuld emulate it and help d poor.They shuld stp loostin our moni for self use.
