Cyril Ramaphosa has an impressive portfolio of businesses and investments that contribute to his substantial net worth. His business ventures span across various sectors, from energy development to financial services, highlighting his diversified investment strategy.
One of Ramaphosa’s significant ventures is the Gigajoule Group, a leading developer of clean energy projects, which has been active since 2001.
The group focuses on natural gas development, with a comprehensive approach that covers everything from project conception to operation and maintenance, partnering with entities like Gigawatt, Standard Bank, and WBHO.
Ramaphosa is also involved with Macsteel Service Centres SA, one of Africa’s foremost steel suppliers and distributors, offering a vast range of products to various industrial sectors.
Similarly, Scaw Metals Group, another of his ventures, specializes in producing specialized steel products and components critical for several industries, including mining and construction.
Throughout his career, Ramaphosa has held numerous executive and non-executive positions in major firms, significantly contributing to his wealth.
His roles have included chairmanships and directorships in companies across various industries, such as Alexander Forbes South Africa, Millennium Consolidated Investments, Shanduka Group, MTN Group Limited, and Pan African Resources PLC, among others.
Cyril Ramaphosa Net Worth
Cyril Ramaphosa, the President of South Africa, has an estimated net worth of around $450 million as of 2025.
His wealth stems from diverse investments in businesses across various sectors, including energy, steel, financial services, and real estate, as well as his involvement in cattle farming.
Ramaphosa’s strategic investments and business ventures, both past and present, have significantly contributed to his substantial net worth, reflecting his successful career in both the private sector and politics.
Cyril Ramaphosa Bio
|Matamela Cyril Ramaphosa
|Rapper and Songwriter
|Date Of Birth/Age:
|17 November 1952 (71 Years Old)
|Place of Birth:
|Soweto, South Africa
|Married (to Tshepo Motsepe-Ramaphosa)
|University of South Africa
Cyril Ramaphosa Businesses and Income Streams
1. Salary As President of South Africa
Cyril Ramaphosa’s annual salary is another key income stream for him, amounting to about 4 million Rands. This translates to a monthly income of approximately 330,000 Rands.
This official salary is part of his compensation for fulfilling the duties and responsibilities associated with leading the nation, and it adds to his financial resources alongside his diverse business interests and investments.
2. Gigajoule Group
The Gigajoule Group is a prominent developer in the clean energy sector, focusing on natural gas projects.
Founded in 2001, the company specializes in the entire lifecycle of energy projects, from conception to design, financing, construction, and eventually operation, management, and maintenance.
With partners like Gigawatt, Standard Bank, and WBHO, Gigajoule is at the forefront of clean energy development, contributing significantly to Ramaphosa’s diversified investment portfolio.
3. Macsteel Service Centres SA
Macsteel Service Centres SA is a leading entity in the steel industry, known for manufacturing, merchandising, and distributing steel and value-added steel products.
The company caters to various sectors within Africa, offering products like stainless steel, aluminium, speciality steel, and carbon steel.
Its extensive network and comprehensive product range make it a critical supplier in the Sub-Saharan industrial sector.
4. Liberty Holdings Limited
Liberty Holdings Limited, established in 1957, is a financial services and property holding company based in Johannesburg.
It has a broad African presence, offering a wide range of financial solutions and services.
The company’s long-standing reputation and diverse offerings in the financial sector underscore Ramaphosa’s strategic investments in stable and growth-oriented industries.
5. Scaw Metals Group
Scaw Metals Group is a major South African steel producer, dealing in specialized products and critical consumable components for various industries, including mining and construction.
Founded in 1924, its operations extend beyond South Africa to countries like Namibia and Zimbabwe, illustrating Ramaphosa’s investment in foundational sectors that drive economic growth.
6. Lonmin Plc
Lonmin Plc, a mining company with a history dating back to 1909, was primarily involved in platinum group metals.
Although it faced significant challenges, including the tragic events at Marikana, its acquisition by Sibanye-Stillwater in 2019 marked the end of Ramaphosa’s direct involvement, reflecting the dynamic nature of his investment portfolio in the mining sector.
7. Pan African Resources PLC
Pan African Resources PLC is a gold and precious metals producing company with an annual production capacity exceeding 200,000 ounces.
The company’s operations, including the Barberton Mines and Evander Mines, highlight Ramaphosa’s investment in the lucrative mining sector, which is a significant component of South Africa’s economy.
8. Shanduka Group
Shanduka Group was an investment holding company founded by Ramaphosa in 2001, with interests in various sectors like telecommunications and energy.
Although Ramaphosa disinvested in 2015 to focus on his political career, the group’s diverse portfolio played a crucial role in building his wealth, showcasing his strategic investment approach.
9. Diepkloof Square
Diepkloof Square is a community shopping center established in October 2012, and developed by the McCormick Property Development and the Shanduka Group. The 16,108 sqm centre serves as a retail hub in Diepkloof
10. Kaalfoteinn Corner
Kaalfoteinn Corner is a 9,600 m² shopping mall located in Midrand, Johannesburg. Situated strategically at the intersection of Main Rd and Angelfish Str, this mall underscores Ramaphosa’s investment in commercial real estate.
12. Ntaba Nyoni Estates
Ntaba Nyoni Estates is an extensive game and cattle farming operation owned by Ramaphosa.
This estate not only showcases his passion for agriculture but also represents a unique income stream through the breeding and sale of Ankole cattle, a rare breed known for its long horns.
11. McDonald’s South Africa
Previously, Ramaphosa held the South African franchise of McDonald’s, demonstrating his venture into the fast-food industry.
Although he divested this interest to focus on his political career, his ownership of the franchise at one point illustrates his strategic investment in globally recognized brands and consumer sectors, which offer steady revenue streams and broad market appeal.
12. Tshivhase Trust
The Tshivhase Trust is one of the many trusts and foundations that Ramaphosa has been involved with, focusing on various social and economic development initiatives.
While not a business in the traditional sense, his involvement in such trusts underscores a commitment to social responsibility and community development, which indirectly supports his broader investment and business ethos by fostering a positive societal impact.
13. FeverTree Consulting
FeverTree Consulting is a management consultancy based in Johannesburg, indicating Ramaphosa’s interest in the professional services sector.
The firm’s focus areas, including public sector/government, financial services, and emerging markets in Africa.