Patrice Motsepe is a South African billionaire mining businessman. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a contracting business doing mine scut work. In 1994, he bought low-producing gold mine shafts and later turned them profitable.

Motsepe won South Africa's Best Entrepreneur Award in 2002, in that same year, 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 He became a billionaire in 2008 - the first black African on the Forbes list. He sits on several company boards including being the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and the deputy chairman of Sanlam - a listed financial services firm. In 2003, he became the president and owner of football club Mamelodi Sundowns.

 In 2012, Motsepe was named South Africa's richest man, topping the Sunday Times' annual Rich List with an estimated fortune of R20.07 billion ($1 billion).

In 2013, he joined The Giving Pledge, committing to give half his wealth to charitable causes. In 2016, he launched a new private equity firm, African Rainbow Capital, focused on investing in Africa.