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Sunday, 3 February 2013

South Africa's only black billionaire donates half his fortune 2 charity

South African billionaire Patrice Motsepe has donated half of his $2.65 billion to charity. The beneficiary is the Motsepe Foundation, which was founded in 1999 by the billionaire and his wife, Precious.
"I decided quite some time ago to give at least half of the funds generated by our family assets to uplift poor and other disadvantaged and marginalised South Africans.
"I was also a beneficiary of various people, black and white, in South Africa and in the US who educated, trained, mentored and inspired me and whose faith and belief in me contributed to my success in my profession, business and elsewhere. The same can be said about my wife, Precious, and we are deeply indebted to them and many more.
"Most of our donations have been private, but the need and challenges are great, and we hope that our Giving Pledge will encourage others in South Africa, Africa and other emerging economies to give and make the world a better place." Motsepe said
Giving Pledge is a campaign founded by Bill Gates and Warren Buffett in 2010, which encourages wealthy people to donate their fortune to charity. As of November 2012, 91 billionaires - mostly Americans, have committed to the pledge. Motsepe is the first African to do this...but I have a strong feeling that Dangote or Adenuga will be the next. Just watch! *Yimz* Hehe!

88 Comments:

  • At 3 February 2013 at 01:53 , Blogger segunsd said...

    Wow. Awesome. Africans are getting more philanthropic.

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  • At 3 February 2013 at 01:53 , Anonymous Anonymous said...

    Have I not read right?

    A man donating half his money to his OWN foundation. Motsepe to Motsepe Foundation abi no be so??....ok o I don hear.

    Abracadabra!

     
  • At 3 February 2013 at 01:58 , Anonymous Anonymous said...

    Wow!!! Amazing stuff. *now singing* I wanna be a billionaire so freaking baaaaaaaad

     
  • At 3 February 2013 at 02:01 , Anonymous Anonymous said...

    Gud


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  • At 3 February 2013 at 02:01 , Anonymous Anonymous said...

    Bless ur heart sir.

     
  • At 3 February 2013 at 02:03 , Anonymous Anonymous said...

    Tears in my eyes. There are still angels on earth. Oluwa bless ur hrt. Linda Thumbs up.

     
  • At 3 February 2013 at 02:04 , Anonymous Anonymous said...

    DREAM ON Linda. Never will a Nigerian man do this..... ever.

     
  • At 3 February 2013 at 02:08 , Anonymous Anonymous said...

    Dis linda sef. Uno dey sleep ni?

    E b like say u b whinch / ogbanje

    Me sef ready 4 u tonite

    Post ma comment oº°˚˚°ºoo

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  • At 3 February 2013 at 02:11 , Anonymous Anonymous said...

    Yes oh! It takes you and I Linda.(www.effemiscence.blogspot.com)

     
  • At 3 February 2013 at 02:25 , Anonymous Anonymous said...

    Amen to that....many blessings to your family.

    Wassup with the rest of rich Africans showing off on social media......with their shoes;champgne,cars.....SHAME

     
  • At 3 February 2013 at 02:44 , Anonymous Dezzy said...

    So very commendable....Naija take note!!!

     
  • At 3 February 2013 at 02:56 , Blogger Glam File said...

    A commendable gesture! If he's Nigerian, then i'll know he just launched a political career. The wife looks like Fathia Balogun.

    http://theglamfile.blogspot.com

     
  • At 3 February 2013 at 03:01 , Anonymous Anonymous said...

    true bantu man!Thank you very much mze motsepe1

     
  • At 3 February 2013 at 03:29 , Blogger Chidozie Mario said...

    From Patrice Motsepe to Motsepe foundation, isn't the money just going round in a circle?
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  • At 3 February 2013 at 03:30 , Anonymous Anonymous said...

    i am very impressed, cos black people are by their nature extremely selfish..... having said that, i hope this is not a tax evasion scheme, as we can read that the money is going to their foundation *give with one hand and collect with another tinz* in the present world we live in, one cant help but be skeptical about every amazing selfless gesture...

     
  • At 3 February 2013 at 04:00 , Anonymous Anonymous said...

    adenuga and dangote next? dream on. Nigerians r too selfish and self serving to donate anything meaningfull to charity, they will only donate that kind of money to their pastor.

     
  • At 3 February 2013 at 04:02 , Anonymous Anonymous said...

    Dangote? Never o! Na only Dangote spaghetti and Juice he sabi give charity organisations. Well d Dangote foundation is barely functional, Mike Adenuga foundation is worst. God dey sha.

     
  • At 3 February 2013 at 04:05 , Blogger Anwuli Oputa said...

    God bless him abundantly.

     
  • At 3 February 2013 at 04:06 , Anonymous Anonymous said...

    Very nice. May God reward u guys

     
  • At 3 February 2013 at 04:06 , Blogger Anwuli Oputa said...

    God bless him abundantly.

     
  • At 3 February 2013 at 04:06 , Anonymous Anonymous said...

    May God richly reward you both. Givers never lack

     
  • At 3 February 2013 at 04:11 , Blogger Nazeer Ibrahim said...

    GOD has already blessed you with wealth and now wisdom.what else can I say. Hope other Africans will learn! You are a gift to all Africans!

     
  • At 3 February 2013 at 05:17 , Blogger Victor Kwame Sampong said...

    The secret to living is GIVING! A hand that giveth, is an open hand ready to receive from the Almighty! Big ups Pat!

     
  • At 3 February 2013 at 05:22 , Blogger Dobby said...

    Hmmm!!! hope nigerians are learning....Nice one!

     
  • At 3 February 2013 at 06:09 , Anonymous nony said...

    Lol! Linda ur just troublesome... I don't think a nigerian can give his or her wealth to charity. Let's watch nd see tho'

     
  • At 3 February 2013 at 06:12 , Blogger BONARIO NNAGS said...

    loolz Lindiway u're very funny.

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  • At 3 February 2013 at 06:34 , Anonymous Anonymous said...

    Make i hear say Dangote or Adenuga donate anything...
    They ain't tru showing off their wealth.

     
  • At 3 February 2013 at 06:39 , Anonymous Anonymous said...

    Laughing hard @ “Just Watch! *Yimz* Hehe”...

    However, I feel Dangote may be willing to donate part of his billions but not half of it anyway.

     
  • At 3 February 2013 at 06:42 , Anonymous Anonymous said...

    Me I'm charity o! Let some1 come n donate to me too

     
  • At 3 February 2013 at 06:44 , Anonymous Anonymous said...

    For your mind ****or lemme not doubt them thou, maybe they are yet to read such news. Linda pls take it to them...

     
  • At 3 February 2013 at 06:55 , Anonymous Anonymous said...

    It is not possible in 9ja, our big men are real aka gum. Dangote shld give half of is fortune! Yimu 20 million times.

     
  • At 3 February 2013 at 06:57 , Blogger beulah kalu said...

    I pray oh!! *yawning*

     
  • At 3 February 2013 at 06:59 , Anonymous Anonymous said...

    def the way to go.
    The wealthy givin back to charities and charitable causes is almost a moral obligation. I hope others would emulate Patrice. I would.

    ASO

     
  • At 3 February 2013 at 07:02 , Anonymous Anonymous said...

    I'm sure it cld hapn in nija.

     
  • At 3 February 2013 at 07:13 , Anonymous Anonymous said...

    No chance of naija man giving half his money to charity

     
  • At 3 February 2013 at 07:14 , Anonymous Naijaman said...

    Linda when are you getting married? Surely you want children? Best make the most use of your current celebrity to get the highest bidder. It won't last forever...

     
  • At 3 February 2013 at 07:16 , Blogger ★★PRINCE CHARMING™★★ said...

    Height of philanthropy here. Dangote and Adenugu to follow suit? Linda if I hear!! Lol.. That can only happen if the world is about to end.

     
  • At 3 February 2013 at 07:24 , Anonymous Anonymous said...

    Its a good act to give to the poor and i strongly blive God rewards for that,hopefully this things arent put togeda for show off,even @dt if it were,my prayer is dt it should actually be useful and also reach those p

     
  • At 3 February 2013 at 07:34 , Anonymous Anonymous said...

    That's so nice 2 hear

     
  • At 3 February 2013 at 07:44 , Anonymous The Naijally Show said...

    I say at this rate, people in charity will become richer than those that are not benefiting from charity. This a good gesture and of course you know if he did it with a good heart and the right reasons, God will surely give it back to him. JK Rowling donated most of her wealth to charity removing her billionaire status. I guess it is cool. O!!! Baba God let me reach the level that I can do the same. In fact i have reached it already in Faith.

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  • At 3 February 2013 at 07:45 , Anonymous Anonymous said...

    Ơ̴̴͡.̮Ơ̴̴̴͡, wot an ordinary individual cn do oo. In Nigeria, it is 4 a pastor 2 b dashed 700 cars.. Dis our so called pastors, can dey donate half of dia wealth lyk ds..? Dey r so bizzy acquirin more n buyin priv8 jets. Mtcheeeew . God,wil multiply u sir,4 thinkin abt ∂ needy

     
  • At 3 February 2013 at 07:57 , Anonymous Anonymous said...

    LINDA Linda LINDA you just want this man wealth to reduce by half, but in actual fact giving always comes back so he his guaranteed of being richer. ASAP once he does that I will buy dangote shares. Hehehe

     
  • At 3 February 2013 at 08:04 , Blogger cecilia agu said...

    =)) =))º°˚˚˚°ºнaĦaнaº°˚˚˚ oooo...=)) =)) =)) abegº°˚ ˚°º≈noº°˚ ˚°º≈tearº°˚ ˚°º≈myº°˚ ˚°º≈belleº°˚ ˚°º≈ooO:)) =)) =)) oooo...=)) =)) =)) abegº°˚ ˚°º≈noº°˚ ˚°º≈tearº°˚ ˚°º≈myº°˚ ˚°º≈belleº°˚ ˚°º≈ooO:)) =)) =)) Linda you be case o. Oya let wait and see nau. S

     
  • At 3 February 2013 at 08:09 , Anonymous MBK said...

    Thats good to know, we also can do things like this in our own little way. May God bless them BOTH.

     
  • At 3 February 2013 at 08:30 , Anonymous Anonymous said...

    These are good pple...d̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ also av der flaws ãήϑ all buh d̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ still care abt †̥ђe̶̲̥̅ shabby state of der country unlike our so-called politicians over here who amass wealth dat even der gr8 grandchildren cannot finish...it Ȋ̝̊̅§ really dishearten to watch †̥ђe̶̲̥̅ new ãήϑ hear how billions Ȋ̝̊̅§ embezzled ãήϑ †̥ђe̶̲̥̅ culprits still walk freely ãήϑ leave large*sigh*...†̥ђe̶̲̥̅ little hope dat we have Ȋ̝̊̅§ being destroyed rite b4 our eyez...God help us all*nofsaid*..slimzee

     
  • At 3 February 2013 at 08:32 , Anonymous Anonymous said...

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  • At 3 February 2013 at 08:37 , Anonymous Anonymous said...

    Oooooo linda u re such a dreamer!lololol dangote donate half his money,Neeeeeevaaaa!nt sayin he doesn't do charity.am sre he does,bt nothin drastic like dis.lol

     
  • At 3 February 2013 at 08:49 , Anonymous Anonymous said...

    Problem with Dangote, Adenuga and other wealthy Nigerians is they are neck deep in debt over and beyond what we claim is their net worth. So they def cannot donate half of their wealth.....they don't have it, simple.

     
  • At 3 February 2013 at 08:50 , Anonymous marzzzz said...

    This is how life should be...The lord blesses you so you can bless others.

     
  • At 3 February 2013 at 08:52 , Blogger Olufunmi Afolabi said...

    Dangote or Adenuga LMAO! in d next life maybe

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  • At 3 February 2013 at 09:07 , Anonymous Anonymous said...

    Hmmmm..why his he donating it to his foundation? Why not some poor orphanages in d slums. I don't want to be critical but I hope he is not doing this to avoid some sort of tax or cover up, anyway only God knows our hearts and if it is reaally for charity, then kudos to you..Bims

     
  • At 3 February 2013 at 09:16 , Anonymous Toscan said...

    Linda,

    Pardon my choice of words o,"but U drink?early morning sunday U don shark something?"

    U think a Nigerian RICH man that is praying that no1 else should be like him "go come carry calculator,calculate all hin assets,come split am into 2 say hin give charity?" Laye,I don't think so!

    In real sense,what is it that U can really and truly point too that the so called "RICH NIGERIANS" have done to better the lives of a low class Nigerian?they don't own charities,they don't own school that underprivileged can go too free,they don't own hospital or even pay part of hospital bills,non do they put boreholes in the rural areas to help with their clean water generation and Linda,do U know that when U work (as a young contractor) for most of the rich men,they end up not paying. Ur complete contract sum? YES,I am saying that from experience and who U won go report them too?

    In Nigeria,it is the poor that thinks of helpling the poor...like that NYSC girl that built hostel for fellow NYSC members!do know the numbers of RICH men from Kaduna state?and non. ever thought of that?

    To me o,the rich are selfish and are of no good use to the Nigerian society...Bite me if U think otherwise! :D

     
  • At 3 February 2013 at 09:18 , Blogger Kass Babs said...

    Lol!!! Dangote and Adenuga... Those greedy skanks? Let's hope so

     
  • At 3 February 2013 at 09:20 , Blogger ogechi okoye said...

    May God reward u....amen

     
  • At 3 February 2013 at 09:36 , Anonymous Anonymous said...

    That is so cool and generous of him, I hope naija billionaires will copy this.....

     
  • At 3 February 2013 at 09:55 , Anonymous Anonymous said...

    This is wonderful but I doubt if Dangote will follow as you rightly thought. Sincerely, the duty of the wealthy people is to help the poor. You need to have deep thinking about this statement before you doubt me. Discover the Secret to losing weight and burning tummy fat

     
  • At 3 February 2013 at 09:57 , Anonymous Anonymous said...

    May God bless them in Abundant!

     
  • At 3 February 2013 at 10:26 , Anonymous julietta said...

    Nice one...very generous couple....#for your unique beddings contact me via BB 25bcf099....

     
  • At 3 February 2013 at 10:40 , Anonymous Anonymous said...

    Which Dangote and Adenuga? Selfish Nigerians, Linda u too can give ur half 2 Charity.

     
  • At 3 February 2013 at 10:44 , Anonymous Anonymous said...

    Lol at adenuga...Linda you sef, u no fit donate as millionaire wey u be

     
  • At 3 February 2013 at 11:34 , Anonymous Anonymous said...

    That can only be possible if their no vacant plot of land again in banana island , and choice area in nigeria and dubia. If their no more newest edition mercedes , loxurious phanton and other pourch cars in the world as well as latest private jet . That's is only when our billionaire can give their riches to the poor

     
  • At 3 February 2013 at 11:35 , Blogger Faithevangel Ozigi said...

    Nigerian are so selfish dat just whant more and more without careing 4 pur people dat lives close to dem

     
  • At 3 February 2013 at 11:44 , Anonymous Anonymous said...

    No b only dangote n Adenuga, na "David" and "akpos" those ones they drag who go b d richest for planet earth....my dear if. U cannot gve 10naira out of 100 naira ..hmmmmmm how u wan take gve 1billion dollars out of 10billion USD..

     
  • At 3 February 2013 at 11:52 , Anonymous Anonymous said...

    I have a problem with this, if the very few black billionaires we have start giving up their fortunes there will be no black billionaires left?
    Selfish reasoning I know but he shouldn't have done this. Lets be confident on the level of wealthy African business men that exist before we start throwing the money about.
    That said this dude was likely to piss about his money anyways. $800 million was shaved off his wealth down to poor management. might be the reason he decided to give it up.

     
  • At 3 February 2013 at 11:58 , Anonymous Anonymous said...

    Ogechi. It's sunday, I need u to know that u r very beautiful, but my heart and bank account balance is more beautiful. Will u marry me? U can reach me @ emekachukwu@gmail.com.

     
  • At 3 February 2013 at 12:23 , Blogger Pregnancy Concierge said...

    Shut the fuck up. Naijaman

     
  • At 3 February 2013 at 12:24 , Blogger Pregnancy Concierge said...

    When Linda wants kids, and only when she does, not when gross naijaman thinks she should be wanting them, she can have them, or come to the Pregnancy Concierge!

     
  • At 3 February 2013 at 12:31 , Anonymous Anonymous said...

    If you were in the shoes of those benefiting from this act of kindness, I am sure you would not bad mouth what this guy has done. God blesses those who give so the fact that he has given so large an amount would not take away his billionaire status from him. You are too much of a cynic and it's bad for you!

     
  • At 3 February 2013 at 12:37 , Anonymous Anonymous said...

    So touching,truly inspiring

     
  • At 3 February 2013 at 13:02 , Anonymous Anonymous said...

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  • At 3 February 2013 at 13:34 , Blogger Jessica larsen said...

    Bless his soul. hope the money will be used wisely

     
  • At 3 February 2013 at 14:02 , Anonymous Anonymous said...

    Yeah, like Bill Gates donating most of his wealth to his OWN foundation too...and how's that abracadabra?

     
  • At 3 February 2013 at 14:03 , Blogger JustPorsh said...

    Some men of God in dis country can't even do this. Amassing the whole fortune they cn get their hands on!
    God help us!

     
  • At 3 February 2013 at 14:42 , Anonymous S̶̲̥̅̊W̶̲̥̅̊E̶̲̥̅̊E̶̲̥̅̊T̶̲̥̅̊S̶̲̥̅̊ H̶̲̥̅̊O̶̲̥̅̊N̶̲̥̅̊E̶̲̥̅̊Y̶̲̥̅̊ S̶̲̥̅̊U̶̲̥̅̊G̶̲̥̅̊A̶̲̥̅̊R̶̲̥̅̊ said...

    S̲̅Ơ̴̴̴̴̴͡ fφя̩̥̊ ЧЯ cheap mind nw U̶̲̥̅̊ don woo woman βε̲̣̣̣̥ D̶̲̥̅̊α† abi? S̲̅Ơ̴̴̴̴̴͡ fφя̩̥̊ ЧЯ village na S̲̅Ơ̴̴̴̴̴͡ dem D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣ woo woman? And U̶̲̥̅̊ tink Ogechi Ȋ̊§ as cheap as ЧЯ brain †̥ fall †̥ ЧЯ cheap-local bait? *Beautiful account my left ass*!

    Na wa ooo.....women don suffer oooo! Well sha i no blame U̶̲̥̅̊..U̶̲̥̅̊ hear...na women i blame...na dem cause am! *SMH*

     
  • At 3 February 2013 at 14:55 , Anonymous Anonymous said...

    They are too man fake rich men in Nigeria. Take away their liabilities from their assets, they are left with nothing. They are living on borrowed money from the banks.

     
  • At 3 February 2013 at 15:04 , Anonymous Anonymous said...

    @Anonymous 11:58 AM. Must you use your bank account balance to wow Ogechi? It is enough for you to say your heart is more beautiful.

     
  • At 3 February 2013 at 15:56 , Anonymous Anonymous said...

    It is the thought that counts

     
  • At 3 February 2013 at 16:23 , Anonymous Anonymous said...

    Who get the money and the foundation, if he really wants to give charity, he should have shared it among oda foundations or is his foundation the only one in the world,he should go and drink tea and sleep, next jawe

     
  • At 3 February 2013 at 19:31 , Anonymous Anonymous said...

    Mzee Patrice,you are a true bantu man,mwana ichie africa!We bantu show the way and the others follow!Well done!You are following the path of your glorious ancestors:Mandela,king shaka,mzilikazi khumalo,queen nzinga,kimpa vita,mwalimu nyerere,kimbangu,queen nandi,etc....God bless you again!

     
  • At 3 February 2013 at 21:27 , Anonymous Anonymous said...

    Good gesture but give the money to the other Charity organisations & not your wife NGO.






     
  • At 3 February 2013 at 23:47 , Anonymous BeesO said...

    I av not received d allert yet o. My name is Charity and m d only legal Charity in Africa. Y'all pls contact me for all donations. Thanx.

     
  • At 4 February 2013 at 04:15 , Anonymous Anonymous said...

    Motsepe may be South Africa's first, and only, black billionaire, but he is hardly the continent's wealthiest man. That title goes to Nigerian industrial magnate Aliko Dangote, with an estimated net worth of about R113.6 billion. On a continent that consistently ranks as the worst-off in terms of quality of life, it remains to be seen if its wealthiest citizens will join Motsepe in giving away half their fortune to the less fortunate.

     
  • At 4 February 2013 at 08:56 , Blogger beebee said...

    Pride is in our heart as Nigerians. We would rather buy jets and show off just like linda ikeji is doing with her two big cars. No hating, its just that the virus is now with our generation.

     
  • At 4 February 2013 at 16:10 , Anonymous Anonymous said...

    Assin, pls tell linda o. All dis pple wey don chop no mak anoda chop

     
  • At 5 February 2013 at 00:21 , Blogger Gringo said...

    He is dodging tax my dear

     
  • At 5 February 2013 at 00:22 , Blogger Gringo said...

    He is dodging tax

     
  • At 5 February 2013 at 00:23 , Blogger Gringo said...

    He is dodging tax my dear

     
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