Cyril ramaphosa net worth house cars collection

Cyril Ramaphosa is a South African businessman and politician serving as South Africa’s fifth president since 2018. He is a former anti-apartheid activist widely recognized as the leader of the African National Congress (ANC). But beyond his political ventures, Ramaphosa is considered one of the country’s wealthiest entrepreneurs due to his business acumen and savvy investment projects. So, what is Cyril Ramaphosa’s net worth?

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Ramaphosa gained notoriety as the secretary general of South Africa’s most prominent and influential trade union, the National Union of Mineworkers. Later on, he became well known as a business magnate, including the chair of the board for MTN and an owner of McDonald’s South Africa. Discover fascinating details about Cyril’s career achievements and earnings.

Cyril Ramaphosa's profile summary

How old is Cyril Ramaphosa?

Matamela Cyril Ramaphosa (aged 71 as of 2024) was born on 17 November 1952 in Soweto, Johannesburg, South Africa to Venda parents. He is the second of three children to Erdmuth and retired police officer Samuel Ramaphosa.

Ramaphosa attended

Cyril Ramaphosa is one of the renowned personalities of South Africa. He is currently playing the role of President of South Africa leading the country towards a better future and handling all the complex challenges that the country and its people are facing. A president has numerous responsibilities and duties to fulfill which makes many people wonder what is the salary of Cyril Ramaphosa.

In this article we will discuss Cyril Ramaphosa’s salary, what he does, his career journey, and of course his assets. So, don’t go anywhere and keep on reading if you are interested in finding out Cyril Ramaphosa’s salary.

Overview of Cyril Ramaphosa & His Salary

Many of you must have seen Cyril Ramaphosa on your Television screens. He is a prominent figure in South Africa, a successful businessman, and a popular politician, and has been serving as the President of South Africa since 2018. Here are some details about Cyril Ramaphosa.

The full name of Cyril Ramaphosa is Matamela Cyril Ramaphosa and he is the current president of South Africa. He is 71 years old and is owner jaw-dropping net worth i-e R 8378437500.00. He is a self-made person and earned his wealth with his interest in business and wise business investments.

Cyril Ramaphosa’s Career as a Politician

Cyril Ramaphosa is a great politician and one of the most popular politicians in the history of South Africa’s politics. He didn’t get successful overnight. Like all other successful persons, his career is full of ups and downs.

Before getting into politics he was a well-known anti-apartheid activist and fought for the rights and equality of non-white people. This paved his way into politics and changed the apartheid activities and rules in South Africa. Here are some key milestones of his political career.

Anti-apartheid Activism

In the 1970s and 1980s when inequality was at its peak and people were not given their rights based on ethnicity, race, and gender, Cyril Ramaphosa emerged as a

Not all world leaders are created equal, and while they theoretically should all possess immense power, their wealth varies significantly.

Take for instance, Jose Mujica, who served as the president of Uruguay from 2010 to 2015. He lived a humble life in a modest home and donated 90% of his salary.

But as simple as President Mujica's lifestyle was, the lavishness of the globe's wealthiest state leaders is equally striking.

Here is our guide you to the world's richest leaders, and some may catch you off guard.

William Ruto

At number ten is Kenya's President, William Ruto. The leader of this East African nation boasts an impressive net worth of $400m.

However, his predecessor Uhuru Kenyatta was even wealthier, with a staggering $501m to his name.

Ruto's fortune primarily stems from real estate, including major hotels in Nairobi, Mombasa, and Mara.

Cyril Ramaphosa.

South Africa's President Cyril Ramaphosa has a net worth of $450m. But that figure was estimated by Forbes back in 2015, so the actual net worth of the African National Congress leader could be much higher now.

He pulls in an annual salary of $174,000, but reportedly donates half of it to charity.

Paul Kagame.

Paul Kagame of Rwanda is the third African leader to crack the top ten. Kagame, who has been ruling the small East African country since 2000, reportedly has a net worth of $503m.

Rwanda, despite its tumultuous history, is experiencing rapid growth. The World Bank reports a 9.7% growth in the first half of 2024.

Recep Tayyip Erdogan.

Erdogan, Turkey's president since 2014, is one of the most recognizable faces on this list. Erdogan, who was once Istanbul's mayor before ascending to prime minister and then president, has managed to amass personal wealth despite the Lira's instability - Turkey's struggling currency.

His reported net worth stands at $503m, although some speculate it could be in the billions.

Ilham Aliyev, Azerbaijan's Prime Minister, leads a small country withi

President of South Africa since 2018

Matamela Cyril Ramaphosa (born 17 November 1952) is a South African businessman and politician serving as the 5th and current President of South Africa since 2018. A former anti-apartheid activist and trade union leader, Ramaphosa is also the president (leader) of the African National Congress (ANC).

Ramaphosa rose to national prominence as secretary general of South Africa's biggest and most powerful trade union, the National Union of Mineworkers.In 1991, he was elected ANC secretary general under ANC president Nelson Mandela and became the ANC's chief negotiator during the negotiations that ended apartheid. He was elected chairperson of the Constitutional Assembly after the country's first fully democratic elections in 1994 and some observers believed that he was Mandela's preferred successor. However, Ramaphosa resigned from politics in 1996 and became well known as a businessman, including as an owner of McDonald's South Africa, chair of the board for MTN, member of the board for Lonmin, and founder of the Shanduka Group.

Ramaphosa returned to politics in December 2012 at the ANC's 53rd National Conference and served as the deputy president of South Africa under President Jacob Zuma from 2014 to 2018. He was also chairman of the National Planning Commission. At the ANC's 54th National Conference on 18 December 2017, he was elected president of the ANC. Two months later, the day after Zuma resigned on 14 February 2018, the National Assembly (NA) elected Ramaphosa as president of South Africa. He began his first full term as president in May 2019 following the ANC's victory in the 2019 general election. While president, Ramaphosa served as chairperson of the African Union from 2020 to 2021 and led South Africa's response to the COVID-19 pandemic.

Ramaphosa's net worth was estimated at over R6.4 billion ($450 million) as of 2018.^[