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Top 20 richest football club owners in South Africa in 2023/24

Top 20 richest football club owners in South Africa in 2023/24

Kevin Omuya, Cyprine Apindi, Adrianna Simwa
November 19, 2023 at 3:47 PM

South Africa is one of the African nations that invest plenty of resources in football. The country is home to some of the wealthiest football clubs on the continent. As a result, the richest football club owners in South Africa are among the wealthiest people on the continent. Discover who they are and their net worth today.

Richest football club owners in South Africa
Photo: canva.com (modified by author)
Source: UGC

A football team's value is measured based on its net value, annual revenue, and operating income. In addition, people assess its ability to trade in elite footballers. The richest football club owners in South Africa have invested time and resources into making their clubs great.

Top 20 richest football club owners in South Africa

Owning a football club is not a mean feat. Check out the richest football club owners in South Africa today. These owners are wealthy and influential in society.

20. Alexi Efstathiou - Cape Town Spurs

  • Full name: Alexi Efstathiou
  • Club: Cape Town Spurs

Alexi Efstathiou owns Cape Town Spurs, a South African professional football club based in Parow in the city of Cape Town that plays in the South African Premier Division.

19. Tim Sukazi Galaxy - TS Galaxy FC - unconfirmed

  • Full name: Tim Sukazi Galaxy
  • Club: TS Galaxy

TS Galaxy FC is a football club based in Kameelrivier near Siyabuswa. It plays in the PSL and is named after its owner, Tim Sukazi, who purchased the NFD league license from Cape Town All Stars in May 2018.

18. Johnny Mogaladi - Polokwane City

  • Full name: Johnny Mogaladi
  • Club: Polokwane City

Johnny Mogaladi owns Polokwane City, which is one of the biggest SA football teams. His club brings in a significant amount of cash annually.

17. Simon Malatji - Sekhukhune United Football Club

  • Full name: Simon Malatji
  • Club: Sekhukhune United Football Club

Sekhukhune United Football Club is among the biggest and wealthiest clubs in SA. Its owner is Simon Malatji.

16. Farook Kadodia - Maritzburg United Football Club - $4.7 million

  • Full name: Farook Kadodia
  • Date of birth: 3 January 1960
  • Age: 63 years (as of 2023)
  • Place of birth: South Africa
  • Club: Maritzburg United Football Club
  • Net worth: $4.7 million

Farook chairs Maritzburg United Football Club in South Africa. The club, which is based in the city of Pietermaritzburg, was founded in 1979 and plays in the Premier Soccer League. Farook Kadodia's net worth is alleged to be about $4.7 million.

15. Max Tshabalala - Bloemfontein Celtic FC - $5.1 million

  • Full name: Max Tshabalala
  • Club: Bloemfontein Celtic FC
  • Net worth: $5.1 million

Bloemfontein Celtic Football Club is a South African amateur football club based in Bloemfontein that competes in the ABC Motsepe League. Max Tshabalala owns Bloemfontein Celtic, and his estimated net worth is $5.1 million.

14. David Thidiela - Black Leopards FC - $6.1 million

  • Full name: David Thidiela
  • Club: Black Leopards FC
  • Net worth: $6.1 million

David Thidiela is a South African businessman and the current chairman of the Black Leopards Football Club. Thidiela is a prominent figure in South African football and has been involved in the sport for many years. David Thidiela's net worth is alleged to be $6.1 million.

13. Joseph Mapfulagasha - Platinum Stars FC - $6.1 million

  • Full name: Joseph Mapfulagasha
  • Club: Platinum Stars FC
  • Net worth: $6.1 million

Joseph Mapfulagasha is the current Platinum Stars Football Club owner based in Phokeng near Rustenburg in the North West Province. The club was founded in 1998 and played home games at the Royal Bafokeng Stadium. Joseph is a very private individual. His club is one of the richest in South Africa, with an estimated net worth estimated at $6.1 million.

12. Mato Madlala - Lamontville Golden Arrows FC - $6.18 million

top 10 richest football club owners
Owner of Lamontville Golden Arrows Mato Madlala. Photo: @Thami Mshengu (modified by author)
Source: UGC
  • Full name: Mato Madlala
  • Date of birth: 23 January
  • Place of birth: Lamontville, South Durban
  • Club: Lamontville Golden Arrows FC
  • Net worth: $6.18 million

Mato Madlala is the acting CEO of the South African Premier Soccer League, a position she has held since November 2015. She is also the owner and chairperson of Lamontville Golden Arrows FC. Her business interests, including her football club, is a significant source of revenue for her. Mato Madlala's net worth is valued at $6.18 million.

11. Abram Sello - Tshakhuma Tsha Madzivhandila - $7.5 million

  • Full name: Abram Sello
  • Place of birth: South Africa
  • Club: Tshakhuma Tsha Madzivhandila
  • Net worth: $7.5 million

Abram Sello is a businessman who owns Tshakhuma Tsha Madzivhandila, a South African football club. The club plays its home matches at the Thohoyandou Stadium. Abram Sello is among the top 10 richest football club owners, with an estimated net worth of $7.5 million. He paid an estimated $2.8 million for the club.

10. John Comitis - Cape Town City FC - $8.7 million

  • Full name: John Comitis
  • Place of birth: South Africa
  • Club: Cape Town City FC
  • Net worth: $8.7 million

Comitis started his team, Cape Town City, after 14 years of co-owning Ajax Cape Town. After retiring from football, Comitis became a successful businessman and entrepreneur with interests in several industries, including construction, real estate, and entertainment. His net worth is estimated at $8.7 million.

9. Khulu Sibiya - SuperSport United FC - $10 million

  • Full name: Khulu Sibiya
  • Date of birth: 15 March 1948
  • Age: 75 years (as of 2023)
  • Place of birth: Gauteng, South Africa
  • Club: SuperSport United FC
  • Net worth: $10 million

Khulu Sibiya is the current chief editor at the City Press since 1996. He is a consultant at RCP Media and owns SuperSport United FC. His net worth is estimated at $10 million.

8. Sandile Zungu - Amazulu FC - $13 million

the richest football club owners in South Africa
Sandile Zungu is pictured in a blue suit. Photo: @sandilezng (modified by author)
Source: UGC
  • Full name: Sandile Zungu
  • Date of birth: 10 February 1967
  • Age: 56 years (as of 2023)
  • Place of birth: Umlazi Township, Durban, South Africa
  • Club: Amazulu FC
  • Net worth: $13 million

Sandile Zungu is the chairman of Zungu Investment Company, which deals with minerals and energy. He was promoted to associate in the African Merchant Bank's corporate finance section. He owns Amazulu FC and has a net worth of $13 million.

7. Brian Joffe - Bidvest Wits FC - $15 million

  • Full name: Brian Joffe
  • Date of birth: 2 June 1947
  • Age: 76 years (as of 2023)
  • Place of birth: Johannesburg, South Africa
  • Club: Bidvest Wits FC
  • Net worth: $15 million

Brian Joffe is the CEO of Bidvest Group Limited, which owns the Bidvest Wits football club. The club is one of the top 10 richest teams in the PSL in 2023. His estimated net worth is $15 million. He has over 30 years of expertise in both domestic and international business.

6. Shauwn Mkhize - Royal AM Football Club - $16 million

richest team in psl
Shaun Mkhize during the 3rd DSTV Mzansi Viewers Choice Awards at the Ticketpro Dome in Johannesburg, South Africa. Photo: Oupa Bopape
Source: Getty Images
  • Full name: Shauwn Mkhize
  • Date of birth: 6 April 1976
  • Age: 47 years (as of 2023)
  • Place of birth: KwaZulu-Natal, South Africa
  • Club: Royal AM Football Club
  • Net worth: $16 million

Shauwn Mkhize is a television personality and businesswoman famous for her Mzansi Magic reality television series, Kwa Mam'Mkhize. She is the founder of the construction company Zikhulise Group. She owns the Royal AM Football Club. Shauwn Mkhize's net worth is about $16 million or R300 million.

5. Jomo Sono - Jomo Cosmos FC - $20 million

the richest football club owners in South Africa
Jomo Sono at the World Football Summit Africa at the Durban International Convention Centre in Durban, South Africa. Photo: Darren Stewart/Gallo Images via Getty Images
Source: Getty Images
  • Full name: Ephraim Matsilele Sono
  • Date of birth: 17 July 1955
  • Age: 68 years (as of 2023)
  • Place of birth: Queenstown, South Africa
  • Club: Jomo Cosmos FC
  • Net worth: $20 million

Jomo Sono is a former professional football player and coach. He played for various clubs, including Orlando Pirates, New York Cosmos, and Toronto Blizzard. He owns and chairs Jomo Cosmos Football Club, a professional soccer team based in Johannesburg, South Africa. Jomo Sono's net worth is about $20 million.

4. Irvin Khoza - Orlando Pirates FC - $35 million

Who is the richest football club owners in South Africa?
Irvin Khoza, Chairman of the Orlando Pirates during the Orlando Pirates press conference at the Fli Afrika Office in Johannesburg, South Africa. Photo: Samuel Shivambu
Source: Getty Images
  • Full name: Irvin Khoza
  • Date of birth: 27 January 1948
  • Age: 75 years (as of 2023)
  • Place of birth: Alexandra, South Africa
  • Club: Orlando Pirates FC
  • Net worth: $35 million

Irvin Khoza served in the 2010 FIFA World Cup Organizing Committee in South Africa. He led Orlando Pirates to their first African Champions Cup victory in 1995. The club is among the biggest teams in South Africa. Irvin Khoza's net worth is $35 million.

3. Kaizer Motaung - Kaizer Chiefs - $60 million

  • Full name: Kaizer Motaung Snr
  • Date of birth: 16 October 1944
  • Age: 79 years (as of 2023)
  • Place of birth: Soweto, South Africa
  • Club: Kaizer Chiefs
  • Net worth: $60 million

Kaizer Motaung Snr, alias Chincha Guluva, began his soccer career with Orlando Pirates before moving to Atlanta Chiefs in the United States. He founded Kaizer Chiefs in 1970. He is the chairman and managing director of the club. Kaizer Motaung Snr's net worth is $60 million.

2. Patrice Motsepe - Mamelodi Sundowns Football Club - $2.3 billion

richest team in africa
Patrice Motsepe, CAF President, delivers his introductory speech during the draw ceremony for the 2022 African Cup of Nations (CAN) in Yaounde, Cameroon. Photo: Daniel Beloumou Olomo
Source: Getty Images
  • Full name: Patrice Tlhopane Motsepe
  • Date of birth: 28 January 1962
  • Age: 61 years (as of 2023)
  • Place of birth: Ga-Rankuwa, Pretoria, South Africa
  • Club: Mamelodi Sundowns Football Club
  • Net worth: $2.3 billion

Did you know the richest team in South Africa is Mamelodi Sundowns Football Club? It is owned by Patrice Motsepe, the founder and chairman of African Rainbow Minerals. In 2003, he bought a 51% stake in the team. Eventually, he became the club's sole owner. Patrice Motsepe's net worth is $2.3 billion.

1. Johann Rupert - Stellenbosch FC - $9 billion

richest football club in the world
Johann Rupert plays his second shot on the 15th hole during the first round of the Alfred Dunhill Links Championship at Carnoustie in St Andrews, United Kingdom. Photo: David Cannon
Source: Getty Images
  • Full name: Johann Peter Rupert
  • Date of birth: 1 June 1950
  • Age: 73 years (as of 2023)
  • Place of birth: Stellenbosch, Cape Province, Union of South Africa
  • Club: Stellenbosch FC
  • Net worth: $9 billion

Stellenbosch FC owner Rupert is the richest football club owner in South Africa. Johann Rupert's net worth is $9 billion. He purchased Stellenbosch FC in 2016. Besides running the club, the tycoon is the chairman of Ramgro, a corporation that invests in industrial mining and financial services.

Recap of the richest football club owners in South Africa

Rank

Name

Football club owned

Net worth

1

Johann Rupert

Stellenbosch FC

$9 billion

2

Patrice Motsepe

Mamelodi Sundowns

$2.3 billion

3

Kaizer Motaung

Kaizer Chiefs

$60 million

4

Irvin Khoza

Orlando Pirates

$35 million

5

Jomo Sono

Jomo Cosmos FC

$20 million

6

Shauwn Mkhize

Royal AM Football Club

$16 million

7

Brian Joffe

Bidvest Wits FC

$15 million

8

Sandile Zungu

Amazulu FC

$13 million

9

Khulu Sibiya

SuperSport United FC

$10 million

10

John Comitis

Cape Town City FC

$8.7 million

11

Abram Sello

Tshakhuma Tsha Madzivhandila

$7.5 million

12

Mato Madlala

Lamontville Golden Arrows FC

$6.18 million

13

Joseph Mapfulagasha

Platinum Stars FC

$6.1 million

14

David Thidiela

Black Leopards FC

$6.1 million

15

Max Tshabalala

Bloemfontein Celtic FC

$5.1 million

16

Farook Kadodia

Maritzburg United Football Club

$4.7 million

17

Simon Malatji

Sekhukhune United Football Club

-

18

Johnny Mogaladi

Polokwane City

-

19

Tim Sukazi Galaxy

TS Galaxy FC

-

20

Alexi Efstathiou

Cape Town Spurs

-

Which is the richest team in Africa?

The richest team in Africa is Al Ahly SC, which plays in the Egyptian Premier League. It is valued at a whopping €29.55 million.

Which is the richest football club in the world?

Real Madrid is the richest football club in the world, with a net value of $6.07 billion as of 2023. The club's owner and controlling shareholders are the club members.

Which is the richest football club in South Africa?

The wealthiest football team in the country is Mamelodi Sundowns. The team is worth about R382 million.

Who is richer between Kaizer Motaung and Irvin Khoza?

Kaizer Motaung is richer than Irvin. The latter is worth $35 million, while Kaizer is worth $60 million.

Which is the richest football club in South Africa in 2023?

The richest football team in South Africa is Mamelodi Sundowns. It is followed closely by Orlando Pirates, Kaizer Chiefs, and AmaZulu.

The football industry in South Africa has been growing at a remarkable pace in recent years, attracting investors from diverse backgrounds. The richest football club owners in South Africa are worth impressive sums of cash.

Sportsbrief.com recently published a list of the most successful clubs in England. One of the hotly debated topics among English Premier League fans is England's best club over the years.

The country has several teams but with varying degrees of success. The ranking of the biggest soccer teams in England is based on the trophies won.

Authors
Kevin Omuya photo
Kevin Omuya
Kevin Omuya is a Content Writer with 4 years of experience who joined Sports Brief in 2022. In 2019 he held a Bachelor of Arts in Journalism & Digital Media from KCA University.
Cyprine Apindi photo
Cyprine Apindi
Cyprine Apindi is a content creator and reporter with over 4 years of experience based in Kenya. She holds a Diploma in Mass Communication from Kenyatta University.
Adrianna Simwa photo
Adrianna Simwa
Adrianna Simwa is a content writer at Sports Brief, where she has worked since mid-2022. She has written for many periodicals on a variety of subjects, including news, celebrities, and lifestyle, for more than three years.