President Jacob Zuma’s close friend Atul Gupta is now the seventh-richest South African‚ according to the latest Business Times Rich List‚ the newspaper reported.
The 47-year-old Gupta‚ the most prominent of three brothers from the family who have been accused of using their close relations with Zuma to unfairly enrich themselves‚ has personal wealth valued at R10-billion.
His cracking of the top 10 on a Rich List that includes Shoprite’s Christo Wiese‚ Glencore’s Ivan Glasenberg and FirstRand’s Laurie Dippenaar makes him South Africa’s top black billionaire.
Mining mogul Patrice Motsepe‚ for years the leading black businessman on the list‚ is now ranked at 11th‚ with personal wealth valued at just over R9.5-billion‚ Sunday Times reported.
Tiso Black Star Group Digital/Sunday Times