Patrice Tlhopane Motsepe (born 28 January 1962) is a South African billionaire businessman and football administrator.

AngloGold sold Motsepe six gold mine shafts for $7.7 million allowing him to repay the debt out of the future earnings of the company now known as African Rainbow Minerals.

[11] This was repeated in a string of deals and Motsepe set up a firm to begin buying the operating mines that would become the source of his wealth.

The Black Economic Empowerment (BEE) laws introduced after the 1994 elections have been instrumental in cementing Motsepe's position in the mining industry in South Africa.

[4] In 2002, when it was listed on the JSE Security Exchange, African Rainbow Minerals joined with Harmony Gold Mining Ltd. and the company's name changed to ARMgold.

Motsepe is also the founder of African Rainbow Minerals Platinum (Proprietary) Limited and ARM Consortium Limited, which later equally split ownership with Anglo American Platinum Corp Ltd. From 2005, Motsepe was Chairman of Teal Exploration and Mining Incorporated.

He supported the establishment of GoSolr, a company specializing in renting solar panels and batteries to residential customers.

Quickly accused of being actively supported by FIFA - despite its duty of reserve and neutrality - and its President Gianni Infantino, who would seek to obtain the votes of Africa for future re-election,[17] Motsepe was elected on 12 March 2021,[18] after that all four other candidates had withdrawn their candidacies.

[25] In 2017, on its 100th anniversary edition, Forbes Magazine honored Motsepe as one of the “100 Greatest Living Business Minds” in the world.

[27] In January 2020, at a World Economic Forum dinner in Davos, Patrice Motsepe publicly told the US Former President Donald Trump that "Africa loves him."

Faced with the indignant reactions that this statement provoked throughout the African continent, the billionaire apologised, explaining "I do not have the right to speak on behalf of anybody except myself.