South Africa's president is worth over $500 million but a $580,000 farm scandal is threatening his presidency
Billionaires Africa | 14.06.2026 08:05
On the morning of June 12, 2026, President Cyril Ramaphosa's lawyers filed an urgent application at the Western Cape High Court to stop Parliament from proceeding with an impeachment inquiry into his conduct. The application came six years after a burglary at his private game farm in Limpopo province set in motion one of the most damaging political scandals in South Africa's democratic history. The man at the centre of it all is likely worth more than $500 million. The scandal that will not leave him alone involves $580,000.
