Cyril Ramaphosa Net Worth

Cyril Ramaphosa estimated net worth is $450 million. He has amased a fortune of wealth through his profession.

Who is Cyril Ramaphosa?

Matamela Cyril Ramaphosa is the Republic of South Africa’s fifth President. Following President Jacob Zuma’s resignation, President Cyril Ramaphosa was sworn in as President of the Republic of South Africa on Thursday, February 15, 2018. He was born in Soweto, South Africa, on November 17, 1952. He is a politician, businessman, activist, and trade union leader from South Africa.

Cyril Ramaphosa Age

Cyril Ramaphosa was born in Soweto, South Africa, on November 17, 1952. As of 2023 he is 70 years old.

Cyril Ramaphosa Family

Cyril Ramaphosa is the son of Samuel and Erdmuth Ramaphosa. Douglas Ramaphosa is his brother. He was married to Nomazizi Mtshotshisa, a businesswoman, but the marriage ended in divorce. He’s the father of four children.

Cyril Ramaphosa Spouse

He was married to Nomazizi Mtshotshisa, a businesswoman, but the pair divorced. Ramaphosa later married Dr. Tshepo Motsepe, the sister of mining magnate and billionaire Patrice Motsepe. Ramaphosa is married with four children.

Cyril Ramaphosa Kid

Tumelo Ramaphosa, his son, is a businessman. StudEx Wild Life’s CEO is him. He holds a Master of Science degree from Hult International Business School and resides in San Francisco. There isn’t much information available about his other son, Andile Ramaphosa.

Cyril Ramaphosa Educational Background

He was a student at Tshilidzi Primary School. In 1971, he graduated from Mphaphuli High School in Sibasa, Venda.

In 1972, he enrolled at the University of the North to study law, and while there, he became interested in student politics, joining the South African Student Organisation (SASO) and the Black People’s Convention (BPC). In 1974, he was sentenced to 11 months in solitary jail under Section 6 of the Terrorism Act for organizing pro-Frelimo rallies. Following the Soweto student uprising in 1976, he was detained for the second time and incarcerated for six months.

While working as a law clerk for a Johannesburg law company, he pursued his education at the University of South Africa (UNISA), earning his B. Proc degree in 1981. He later worked as a legal advisor for the Council of Unions of South Africa (CUSA).

Cyril Ramaphosa Political Career

He was elected Secretary-General of the African National Congress in 1991, and he became the ANC’s lead negotiator in the negotiations to end apartheid with the National Party administration.

He became a member of parliament in 1994, following the first truly democratic elections; he was chosen chairperson of its Constitutional Assembly on May 24, 1994, and played a key role in the government of national unity.

In January 1997, he retired from politics after losing the election to Thabo Mbeki for President of South Africa. In the 1997 election for the ANC’s National Executive Committee, he emerged in the first place.

He was re-elected to the ANC National Executive Committee in December 2007, finishing 30th with 1,910 votes.

On December 17, 2012, he became a contender for the ANC’s Deputy Presidency; on December 18, 2012, he was elected ANC Deputy President.

Jacob Zuma appointed him Deputy President on May 25, 2014. In accordance with Section 91(4) of the Constitution, he was appointed Leader of Government Business in the National Assembly. His tasks will include overseeing the national executive’s business in Parliament, programming parliamentary business launched by the national executive within the period allotted for that purpose, and ensuring that Cabinet members attend to their parliamentary responsibilities.

In 2010, he was appointed Deputy Chairperson of the National Planning Commission, a group tasked with developing a long-term national development plan for South Africa. President Jacob Zuma named him as Chairman of the National Planning Commission and Minister in the Presidency for Planning on June 3, 2014.

He was formerly recognized as the Commonwealth Business Council’s first Deputy Chairman. He served as Vice President of the Global Business Coalition on HIV/AIDS.

Mr. Ramaphosa, together with former Finnish President Maarti Ahtisaari, has been appointed as a weapons inspector in Northern Ireland. He also served on the International Commission on Intervention and State Sovereignty, as well as the UN Secretary General’s Panel on International Support for NEPAD.

Struggle Against Apartheid

Cusa decided to organize the National Union of Mineworkers (NUM) in August 1982, and Ramaphosa became its first secretary in December. He was elected as the union’s first General Secretary, a position he maintained until June 1991, when he resigned to become Secretary-General of the African National Congress (ANC).

Ramaphosa chaired the National Reception Committee, which coordinated arrangements for Nelson Mandela’s release and following welcome rallies in South Africa, and he also joined the international Mandela Reception Committee.

In July 1991, he was elected General-Secretary of the ANC at a convention in Durban. In October 1991, Ramaphosa was a visiting Professor of Law at Stanford University in the United States.

When he left CUSA in 1985, he helped to found the Congress of South African Trade Unions (COSATU).

When COSATU joined forces with the United Democratic Front (UDF) political movement to oppose P. W. Botha’s National Party authorities, Ramaphosa became a key figure in what became known as the Mass Democratic Movement (MDM).