Cyril Ramaphosa Net Worth

ANC Secretary-General Appointment

Ramaphosa became Secretary-General of the ANC and played a crucial role in negotiating the end of apartheid. His leadership during this transformative period established him as a major political figure in South Africa's democratic transition.

Transition to Business World

After being passed over for the presidency, Ramaphosa pivoted to business, using his political connections to build wealth. This marked the beginning of his accumulation of substantial personal fortune through various business ventures.

Becomes Billionaire Businessman

Ramaphosa's investments in mining, telecommunications, and other sectors made him one of South Africa's wealthiest individuals. His business success was controversial given his activist background but secured his financial position.

Returns to Politics as Deputy

Ramaphosa returned to politics as Deputy President under Jacob Zuma, divesting from many business interests. His return signaled ambitions for the presidency and restored his political prominence.

Becomes President of South Africa

Ramaphosa succeeded Zuma as President amid hopes he would fight corruption and revitalize the economy. His election made him one of the most powerful figures in Africa and elevated his global profile significantly.

Re-elected Despite Phala Phala Scandal

Ramaphosa secured re-election despite the damaging Phala Phala farm theft scandal involving hidden foreign currency. While his reputation took a hit, he maintained power and remained South Africa's leader.

Current SA President & ANC Leader

Ramaphosa remains President of South Africa and ANC president, making him a household name domestically and a major figure in African politics. While facing criticism, he's a well-known major star on the continental and international stage.