Large gap between men and women at the top of the SA tree of wealth

2012-01-19 00:00

WHILE a South African Rich List released yesterday is by no means a definitive one, it does reiterate the marked level of inequality between men and women, even at this upper echelon of wealth.

Magazine titles Destiny and Destiny Man yesterday released their 2011 “Rich List”, which ranked Ivan Glasenberg, the head of the Switzerland-based giant commodities producer and marketer Glencore International, at number one with an estimated net worth of about R61,48 billion.

Wendy Appelbaum, whose main income source is the Gordon Family Trust, is ranked number one on the women’s list, with a net-worth of about R1,99 billion.

She is the only daughter of South African billionaire Donald Gordon (who is ranked number seven on the men’s list with R5,71 billion) of property group Liberty International.

The list, compiled by Intellidex, was determined by looking at the super-rich and their role in growing and owning companies. 


1 Ivan Glasenberg, Glencore International, R61,48 billion;

2 Nicky Oppenheimer, De Beers, R50,44 billion.

3 Patrice Motsepe, African Rainbow Minerals, R26,68 billion;

4 Johann Rupert, Compagnie Financière Richemont, R23,42 billion;

5 Christo Wiese, Shoprite, R13,93 billion; 6 Desmond Sacco, Assore, R6,99 billion;

7 Sir Donald Gordon, former chairman of Liberty International, R5,71 billion;

8 Stephen Saad, Aspen, R5,09 billion;

9 Koos Bekker, Naspers, R4,93 billion;

10 Raymond Ackerman, Pick n Pay, R4,38 billion


1 Wendy Appelbaum, Gordon Family Trust, R1,99 billion;

2 Wendy Ackerman, Ackerman Family Trust, R1,46 billion;

3 Sharon Wapnick, Premium Properties/Octodec, R334 million;

4 Elisabeth Bradley, Diversified Portfolios, R246 million;

5 Judy Dlamini, Aspen, R124 million;

6 Nhlanhla Njoli-Mncube, Capitec/WBHO, R94 million;

7 Christine Ramon, Sasol, R49,67 million;

8 Santie Botha, MTN, R41 million;

9 Beverly Fraser, Cargo Carriers, R37 million;

10 Pauline Goetsch, Peregrine, R32 million.

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