South Africa’s richest black man gives $1.3 billion, half his wealth, to the poor | Responsible Charity

South Africa’s richest black man, Patrice Motsepe, has announced he is giving away half his wealth to improve the lives of the poor. The mining magnate said the money would be handled by the Motsepe Foundation to address education and health issues.

He said he was inspired by the word’s two wealthiest men, Bill Gates and Warren Buffet, who are encouraging billionaires to donate to charity. Mr Motsepe has a net worth of $2.65bn (£1.67bn), Forbes’ rich list estimates.

via South Africa’s richest black man gives $1.3 billion, half his wealth, to the poor | Responsible Charity.

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