Richest Women In South Africa

This is the list of the Richest Women In South Africa 2022 and their net worth.

South Africa is a historic country with people from a variety of cultural backgrounds, tribes, and races living together in harmony.

The people of South Africa are the country’s most valuable assets, and the government makes certain that sufficient resources are allocated to improving the lives of the country’s citizens.

A large number of people have their names circulated in relation to the amount of wealth they have been able to accumulate as a result of the enabling working environment created by the people and by the government.

Women are also among the wealthiest people in the country, despite the fact that men dominate the list of the country’s wealthiest individuals (see the list of the richest men in South Africa, which will blow your mind).

This is why we bring you a list of the top 10 Richest Women in South Africa. 

Today in South Africa, women are dominating different industries and exhibiting just how much they can contribute to the growth of the country’s economy.

The 10 Richest Women In South Africa 2022

RankRichest Women In South Africa 2022Estimated Net Worth
#1 Wendy Appelbaum$150 million
#2 Wendy Ackerman$133 million
#3 Irene Charnley$75 million
#4 Bridgette Radebe$66 million 
#5 Sharon Wapnick$29 million
#6 Elizabeth Bradley$22 million
#7 Judy Dlamini$8 million
#8 Nonhlanhla Mjoli-Mncube$6 million
#9 Mamphela Ramphele  $3.5 million
#10 Christine Ramon $3million
Richest Women In South Africa -Christine Ramon
Christine Ramon

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10. Christine Ramon – $3million 

First on this list of richest women in South Africa is Christine Ramon.

She is a highly qualified and competent business expert who has worked in diverse positions in the top, multinational companies in South Africa.

Her business acumen and ability to steer a business in a positive direction within months of work is why she is one of the hottest personnel in South Africa.

To highlight her achievements and how exceptional she has been in her career which she started as an accountant, she once earned a nomination as a Young Global leader award by the World Economic Forum. 

Some of the top companies which Christine has worked over the course of her career include AngloGold Ashanti as CFO and executive director, Sasol Ltd as CFO and Executive director, Johnnic Holdings Ltd as the CEO, MTN Group Ltd as the non-executive director, as well as the standing advisory committee to the International Accounting Standard Board.

Her portfolio is a testament to her ability as a top-class accountant. 

9. Mamphela Ramphele – $3.5 million 

Mamphela Aletta Ramphele is a prominent South African woman who has had a lot of impact in different sectors of the country.

She is most recognized for her fight and opposition to apartheid alongside her husband, Steve Biko.

Though she had some major impacts on other areas of the country’s economy, her fight against apartheid gave her the most recognized figure across the country. 

Mamphela used to be a medical doctor, an academic, and a businesswoman before venturing into politics.

During her long career before politics, she once served as the Vice-Chancellor at the University of Cape Town, while also holding the position as the Managing director at the World Bank in 2000.

Her final act of service to South Africa before retiring was creating a political party known as Agang, which focused on empowering women and transforming politics in the country.

Her exploits have made her one of the richest women in South Africa. 

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8. Nonhlanhla Mjoli-Mncube – $6  million

Nonhlanhla Mjoli-Mncube is one of the first women to venture into real estate in South Africa.

Despite the industry being dominated by men across the country, Mjoli was determined to make her mark in the industry as well.

This led her to create a string of real estate companies such as Mjoli Development Company (Pty) Ltd, Eziko Investments, and The Alpha Network for Women.

Through her business experience and career, she was able to make a difference in this sector. 

Her achievements over the years have earned her top-ranking positions in numerous companies.

She served as Economic Advisor to the Presidency in South Africa, Executive at Murray and Roberts subsidiary (BDA), Town Planner in KwaZulu-Natal, Chairperson and Executive Director of NURCHA, a guarantee fund for housing, Chair of the Rural Housing Loan Fund, and many others.

She is deservedly one of the richest women in South Africa. 

7. Judy Dlamini – $8 million 

Richest Women In South Africa - Judy Dlamini
Judy Dlamini

Judy is an established businesswoman who made a fortune from her strings of business ventures.

Her proficiency in business is unmatched, as she once noted that passion, focus, hard work, and ambitions are most critical to achieving success in Business. 

And success she has built for herself through numerous achievements and impacts in the South African community.

She is currently serving as the Vice-Chancellor of the University of Whitersrand.

She has written different books on business, guides to succeeding as an entrepreneur, and other topics that touch on the lives of South Africans.

When speaking of beauty and brains, Judy is an individual that stands out on this list of richest women in South Africa.

6. Elizabeth Bradley – $22 million 

Elizabeth’s life was always going to be in the limelight largely due to the contributions of her father in bringing the Toyota brand to South Africa.

Despite the fact that everything was set for her to inherit her father’s business in the locomotive industry, Elizabeth still went ahead to diversify her business portfolio to engage in other investments that interest her.

These investments include shares in companies like Standard Bank, Rosebank Inn, AngloGold, and Hilton Hotel.

Her investments to date have yielded positive results, earning her a fortune. Today, she is the head of Wesco Investments, as well as the Vice-chairman of the Toyota group in South Africa headed by her father.

Being among the richest women in South Africa was inevitable. 

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5. Sharon Wapnick – $29 million 

Sharon is a great example of individual born with a silver spoon. She is the daughter of billionaire Entrepreneur, Alec Wapnick who founded the property management company known as City Property in 1968.

After the retirement of her father, she took control of the family business and inherited a mammoth of wealth from her father.

A few years after acquiring her father’s wealth, she diversified her portfolio to establish Premium Properties Limited and Octodec Investments Limited. 

Through the series of investments she made in companies across South Africa, she earned massive returns, which contributed to her meteoritic rise in net worth. This made her one of the richest women in South Africa. 

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4. Bridgette Radebe – $66 million 

For someone who started her business career as a common miner back in the 80s, Bridgette has definitely come a long way.

Her journey to the top to earn a place among the richest women in South Africa was never a smooth one, but her consistency and dedication to her passion brought her deserved riches and wealth.

As time went by, she got to manage the individual shaft mining operations and produce materials for the larger mine operations in South Africa.

At the expiration of her contract as a manager, she decided to set up her own mining company later known as the Mmakau Mining.

This company focus on producing valuable metals like platinum, gold, and chrome. 

Today, her rise to the top earned her the position of president of the South African Mining Development Association.

In 2008, she received the award for  “International Businessperson of the Year Award” by the Global Foundation for democracy. 

3. Irene Charnley – $75 million

Irene is the 3rd richest woman in South Africa thanks to her contribution to the commercial industry of South Africa.

She first declared her presence at the African business community as a negotiator for South Africa’s National Union of Mineworkers where she spent 13 years coordinating various divisions of union operations.

After recognizing her efforts with the union, she was immediately employed by MTN as the executive director. 

It was during her time that MTN was able to expand over the shores of South Africa to the remaining parts of Africa.

After earning hugely through her services, Irene decided to own 35% share in Johnnic communications.

In early 2000, her achievements were recognized and she was awarded as the business person of the year. 

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2. Wendy Ackerman – $133 million

Wendy Ackerman is a self-made South African billionaire who has made so much.

Thanks to her fashion and retail business. She has different investment portfolios which attest to her ability in doing good business in whichever industry she is.

Today, she is one of the richest women in South Africa due to her roles as a non-executive director of Pick N Pay Holdings Limited, which has outlets in Australia, Nigeria, Mozambique, Nigeria, Zambia, and Namibia.

She is also in charge of the Ackerman Family Trust.

1. Wendy Appelbaum – $150 million

The Richest Woman In South Africa - Wendy Appelbaum
Wendy Appelbaum

Wendy is the most successful businesswoman in South Africa.

Born to Donald Gordon who is a billionaire as well, Wendy walked in the footsteps of her father and gained enormous knowledge which has transformed the fortunes of their family.

After coming of age with the necessary business knowledge, she was handed the role of director at her father’s insurance and real estate company known as Liberty Investors. 

She previously held other positions in other companies such as deputy chair of Connection Group Holdings Ltd.

She personally owns a successful wine farm in the country. Without a doubt, Wendy is a blessed individual that is worthy of envy among her peers.

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Richest Women In South Africa (Summary)

Here is a brief outline of the Richest Women In South Africa

  1. Wendy Appelbaum
  2. Wendy Ackerman
  3. Irene Charnley
  4. Bridgette Radebe
  5. Sharon Wapnick
  6. Elizabeth Bradley
  7. Judy Dlamini
  8. Nonhlanhla Mjoli-Mncube
  9. Mamphela Ramphele
  10. Christine Ramon

The richest women in South Africa have shown just how much women bring to the table when it comes to the development of a country’s economy.

Each of the individuals represented on this list has made major impacts and carved a Name for themselves in their respective industries.

This article has given you a breakdown of the topmost wealthy women in South Africa today.

These women continue to get the backing to make a positive impact in the different sectors they are simply because the more value they provide, the more they earn. 

Let us know your point of view in the comment section below.

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