Cyril Ramaphosa is a well-known political leader and businessman, currently serving as the President of South Africa. His financial journey is marked by successful business ventures and high-ranking political positions.
From founding Shanduka Group to holding stakes in MTN Group and Lonmin, his wealth stems from various sources. But how much does he earn as President? What are his biggest assets?
This article breaks down Cyril Ramaphosa’s financial portfolio, business investments, and salary insights for 2025. Keep reading to uncover the details of his wealth and financial standing.
Cyril Ramaphosa Quick Facts
FACT | DETAIL |
---|---|
Real Name | Matamela Cyril Ramaphosa |
Popular Name | Cyril Ramaphosa |
Birth Date | November 17, 1952 |
Age | 72 years old (March 19, 2025) |
Birthplace | Soweto, Johannesburg, South Africa |
Nationality | South African |
Ethnicity | Venda |
Education | University of South Africa (1981) |
Marital Status | Married |
Spouse | Tshepo Motsepe (m. 1996), Nomazizi Mtshotshisa (m. 1991–1993) |
Children | Four children |
Dating | N/A |
Siblings | He is the second of three children |
Parents | Erdmuth Ramaphosa, Samuel Ramaphosa |
Height | N/A |
Net Worth | N.A |
Source of Wealth | Politics, Business (Shanduka Group, McDonald’s South Africa, etc.) |
What is the Net Worth Of Cyril Ramaphosa in 2025?
While Cyril Ramaphosa’s exact net worth is not publicly disclosed, past estimates suggested it was around R6.4 billion ($450 million) in 2018. His financial status is built on his investments in Shanduka Group, MTN Group, and Lonmin, along with his role in South African politics.
Compared to other political leaders, his wealth is substantial, given his business acumen and political career.
Related People & Companies
- Shanduka Group
- MTN Group
- Lonmin
- McDonald’s South Africa
- African National Congress (ANC)
- Anglo American
- Standard Bank
- South African Government
- Coca-Cola Company
- Democratic Alliance (DA)
Looking for insights into other financially successful individuals? Check out this list of the world’s wealthiest figures: Explore here.
Cyril Ramaphosa Wealth, Salary, and Financial Overview
How Much Does He Earn as President of South Africa?
The salary of South Africa’s president is typically set by the government, but exact figures are not always publicly disclosed. However, Cyril Ramaphosa receives a significant salary along with benefits such as housing, security, and travel allowances.
Given his extensive wealth, he reportedly donates a portion of his salary to social causes. While his official presidential salary remains unknown, it is estimated to be competitive with global political leaders.
What Are His Major Sources of Wealth?
Cyril Ramaphosa’s wealth is primarily derived from his business ventures and investments. He has been a prominent figure in the corporate world, holding stakes in key companies across various sectors. His business empire includes:
- Shanduka Group (investment company)
- McDonald’s South Africa (previously held franchise rights)
- MTN Group (telecommunications)
- Lonmin (mining industry)
- Anglo American (natural resources)
Business Investments and Corporate Holdings
One of Cyril Ramaphosa’s most significant business ventures is Shanduka Group, which he founded. The company has holdings in mining, real estate, banking, energy, and telecoms.
Additionally, he has served in key positions for companies like:
- Chairman of MTN Group
- Board member of Lonmin
- Investor in Standard Bank and Anglo American
Political Career and Its Influence on His Finances
His transition from business to politics significantly influenced his financial standing. After stepping away from direct business operations, he assumed roles such as:
- ANC Secretary-General (1991-1996)
- Deputy President of South Africa (2014-2018)
- President of South Africa (2018-present)
Despite his political responsibilities, his business interests remain influential in shaping economic policies.
What Companies Does He Own or Have Stake In?
Ramaphosa’s corporate portfolio includes past and present investments in McDonald’s South Africa, MTN Group, Shanduka Group, and Standard Bank. His real estate investments are also noteworthy, with multiple properties in Johannesburg and Cape Town.
How Does His Wealth Impact the South African Economy?
His financial and business expertise plays a significant role in:
- Shaping economic policies
- Encouraging foreign investment
- Job creation through business ventures
- Influencing corporate regulations
As President, he has promoted policies aimed at improving economic stability and investment growth in South Africa.
What Controversies or Challenges Has He Faced Regarding His Finances?
Despite his financial success, Ramaphosa has faced scrutiny over his business dealings. Some critics argue that his business background creates potential conflicts of interest in government policies.
Notably, his involvement in Lonmin before the Marikana miners’ strike raised ethical concerns. However, he has taken steps to separate his political role from business interests by placing assets into blind trusts.
Conclusion
Cyril Ramaphosa’s financial journey spans politics and business, making him one of South Africa’s wealthiest leaders. His investments in major corporations and real estate continue to shape his financial standing. While his net worth is not publicly disclosed, his wealth and financial influence remain undeniable.
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