South Africa is home to some of the world’s most inspiring and successful women who have risen to the top through sheer grit, intelligence, and entrepreneurial spirit.
From business moguls to fashion icons, these women have not only made a mark in their respective industries but have also contributed to shaping the economic and social landscape of South Africa.
Here’s a comprehensive list of the wealthiest South African-born women who have made impressive strides in their careers.
1. Wendy Appelbaum
Wendy Appelbaum is one of South Africa’s wealthiest self-made women. The daughter of Liberty Group founder Donald Gordon, Wendy has cemented her place in South Africa’s business world with her achievements. She owns the renowned De Morgenzon wine estate and has a history of leadership roles across various industries. Appelbaum has also served on multiple boards and contributed to social change through philanthropy. Despite her wealth being estimated in the hundreds of millions, Appelbaum prefers to focus on her charitable work rather than her personal fortune. She is actively involved in supporting causes related to education and women’s empowerment.
Net Worth: Estimated at $183 million (estimated by Forbes in 2012, though her own estimation dismisses this figure as inflated).
Industry: Wine, Corporate, Philanthropy
2. Precious Moloi-Motsepe
Precious Moloi-Motsepe, the wife of billionaire Patrice Motsepe, is not only a successful businesswoman but also a powerful advocate for fashion and women’s rights. She is the founder of African Fashion International, which provides a platform for African fashion designers to showcase their work globally. In addition to her role as a prominent entrepreneur, Moloi-Motsepe has made her mark as the Chancellor of the University of Cape Town. She has also been recognized for her philanthropic efforts, especially her work in education and health.
Net Worth: Estimated at $300 million
Industry: Fashion, Philanthropy, Business
3. Irene Charnley
Irene Charnley is a key figure in South African business, known for her work in telecoms, trade unions, and corporate governance. She held executive roles at the telecommunications giant MTN and now owns significant stakes in companies like Smile Telecoms. Charnley transitioned from a trade unionist to a businesswoman, demonstrating exceptional resilience and business acumen. In 2020, she was ranked as one of Africa’s 50 Most Powerful Women by Forbes, a testament to her leadership and influence in business.
Net Worth: Estimated at $600 million
Industry: Telecoms, Corporate, Investment
4. Magda Wierzycka
Magda Wierzycka is a renowned South African businesswoman originally from Poland, best known for co-founding Sygnia Ltd., a financial services company that specialises in asset management. Wierzycka’s deep understanding of the financial industry has helped Sygnia grow into one of South Africa’s largest asset managers. Her advocacy for anti-corruption and transparency in business practices has further solidified her reputation. Wierzycka’s influence extends beyond her business ventures as she is an outspoken advocate for women in leadership roles.
Net Worth: Estimated at $250 million
Industry: Finance, Asset Management, Advocacy
5. Phindiwe Dlamini-Sangweni
A qualified attorney, Phindiwe Dlamini-Sangweni is known for her leadership in business and law. As Chairwoman of Purple Tree Holdings, she oversees investments in various sectors, including construction and real estate. Her legal background has also enabled her to contribute to South Africa’s judicial reforms and represent corporate clients on governance and compliance issues. Dlamini-Sangweni is also a key figure within the Nhlangwini royal family, showcasing her versatility in both business and cultural spheres.
Net Worth: Estimated at $30 million
Industry: Law, Business, Real Estate
6. Gail Kelly
Gail Kelly, originally from Pretoria, is one of the most influential women in finance. She became the first female CEO of Westpac, an Australian bank, and under her leadership, the bank’s market value increased by 60%. Kelly’s success is particularly notable as she was able to break into the male-dominated finance industry and thrive. She was named one of the world’s most powerful women by Forbes in 2010 and 2014. After retiring from Westpac, she remains an influential figure in the financial sector.
Net Worth: Estimated at $80 million
Industry: Banking, Finance, Corporate Leadership
7. Lana Marks
Lana Marks is a globally recognised luxury handbag designer originally from South Africa. She is the founder of the Lana Marks brand, which has become synonymous with high-end fashion. Marks’ handbags have been spotted on celebrities, including Michelle Obama, and she is widely admired for her role in bringing African-inspired luxury products to the international market. In addition to her design success, Marks was nominated by President Donald Trump as the US Ambassador to South Africa in 2019, a position that has further elevated her profile.
Net Worth: Estimated at $20 million
Industry: Fashion, Luxury Goods, Diplomacy
8. Motsi Mabuse
Motsi Mabuse, a professional dancer and choreographer, is best known for her role as a judge on Let’s Dance in Germany and Strictly Come Dancing in the UK. Mabuse was born in South Africa but grew up in Germany, where she made her name in the competitive dance world. She has also launched her own line of lingerie called Colours of Motsi, promoting body positivity. With her high-profile career in dance and television, she has amassed a considerable fortune.
Net Worth: Estimated at £8.5 million (approx. $10.5 million)
Industry: Dance, Television, Fashion
9. Lady Kitty Spencer
Though Lady Kitty Spencer is technically British, she was born in South Africa to the late Earl Spencer, brother of Princess Diana. Raised in South Africa, Spencer later gained fame as a fashion model and influencer, working with top designers and appearing on major runways across the globe. Spencer has launched her own fashion line and is heavily involved in charity work. With a significant net worth, she is a rising star in the luxury fashion and entertainment industries.
Net Worth: Estimated at £72 million (approx. $90 million)
Industry: Fashion, Modeling, Charity
10. Zanele Mbeki
Zanele Mbeki, wife of former South African president Thabo Mbeki, has been involved in numerous projects on education, health, and social development. She is also recognised for her role in promoting African culture and heritage through her work with the African Renaissance. Zanele Mbeki has been instrumental in various philanthropic efforts, particularly empowering women and children across Africa.
Net Worth: Estimated at $10 million
Industry: Philanthropy, Education, Culture
These women represent the pinnacle of achievement and influence, having broken barriers in male-dominated industries, contributing to economic growth, and uplifting others along the way. Their combined wealth, entrepreneurial spirit, and commitment to social causes continue to inspire future generations of South African women to chase their dreams and change the world.
Compiled by: Aiden Daries
First published by cape {town} etc
Also see: The best online trading platforms for South African investors in 2025
