Billionaire Patrice Motsepe pockets R28m for nearly eight months on the job
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Billionaire Patrice Motsepe earned more than R28 million in total remuneration in the 2026 financial year as executive chairman of African Rainbow Minerals (Arm), a role he left on 15 February 2026 to become the company’s non-executive chairman. The lowest-paid employee at the mining giant received R129 329 for the full financial year.
Arm is a diversified mining group with interests in iron ore, manganese, chrome, platinum group metals, nickel and coal. Motsepe founded it in 2004.
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Arm is a diversified mining group with interests in iron ore, manganese, chrome, platinum group metals, nickel and coal. Motsepe founded it in 2004.
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