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Cyril Ramaphosa Net Worth
Cyril Ramaphosa in 2022 has estimated net worth of up to $464.2 Million.
|Net Worth||$464.2 million|
|Full Name||MATAMELA CYRIL RAMAPHOSA|
|Birthdate (age)||November 17, 1952 (69 years old)|
|Birthplace||Johannesburg, South Africa|
|Profession||Entrepreneur , politician|
Full Biography of Cyril Ramaphosa
The biography of Cyril Ramaphosa is connected with politics and business. The South African businessman, statesman, public and trade union figure has gone from a fighter against the apartheid regime to the President of South Africa.
For decades, the Johannesburg native has served as general secretary and leader of the ruling party, as well as being the highest ceremonial international official at the head of the African Union.
Childhood and youth
Matamela Cyril Ramaphosa was born in the fall of 1952 in Western Native Township, considered a suburb of Johannesburg. The early years were spent surrounded by representatives of different nationalities who inhabited the outskirts of the South African capital.
The future politician was the middle child of law enforcement officer Samuel Ramaphosa and his wife, housewife Erdmut. In order to feed their three children, the Venda parents were forced to circumvent the law by illegally selling alcohol.
The miner’s grandfather and grandmother, who lived in the village of Kalavha, could not provide worthy support to the young family.
At the age of 8, Cyril Ramaphosa first encountered problems of political injustice, becoming a witness to the massacre of peaceful demonstrators who opposed the apartheid regime.
When government troops appeared in his native area, Cyril Ramaphosa experienced the cruelty of the authorities in his own skin. The feeling of hatred and resentment took root for a long time and passed only after the full realization of South African realities.
It was possible to return to normal life after moving to a rapidly growing area on the outskirts of the capital. In Soweto, there was a chance to attend first a primary school, and then a secondary school.
In high school, Cyril Ramaphosa, who was a Christian, paid attention to religion, creativity and rhetoric. Interest in the latter science led to successful admission to the university and obtaining a bachelor’s degree in law.
Career and politics
In his youth, Cyril Ramaphosa was part of the anti-apartheid movement. He entered politics as an ordinary member and then chairman of the university branch of the national student organization and the Christian Union.
In the mid-1970s, the activist participated in unauthorized rallies and worked at the headquarters of the Black People’s Union, so he spent almost a year and a half in solitary confinement in prison.
1977, Cyril Ramaphosa decided to work in his specialty and joined a law office in Johannesburg. In parallel, he headed the representative council of his native university and began to advise members of the organization that united miners and representatives of other working professions. Over time, the son of policeman took a high position in the association.
In the first half of the 1980s, the South African established contacts with the union congress alliance and the communists and called himself a socialist. Having coped with a series of difficulties, he made the union the largest in the country and moved further along the political line.
The 1990s brought significant change with the dismantling of the apartheid regime and the rise to power of human rights activist Nelson Mandela.
Under the new president of South Africa, Cyril Ramaphosa, who became a member of the ANC (African National Congress), worked on the committee for the preparation of parliamentary elections and received a deputy mandate.
The politician participated in the approval of the provisions of the constitution. He was concerned about the number of state languages, education, the death penalty, abortion, same-sex marriage, labor and land law. Promotion along the party line was the post of general secretary.
South African activists rightly considered Cyril Mandela’s heir and successor, but Thabo Mbeki became president of the AMK. Under such circumstances, the Johannesburg native retired from politics and went into business: he was part of Nthato Motlane’s media empire and chaired the board of directors of commercial companies, managed investment holdings and sat on government commissions.
In the 2000s, Ramaphosa appeared on the international stage as a participant in public conferences and a member of public missions and organizations. In the early 2010s, the South African nominated a candidate for the post of deputy head of the ANC party and was elected.
Later, he took the parliamentary seat and, thanks to the unity of views with the head of state, Jacob Zuma, became vice president of the Republic of South Africa. His area of responsibility was the economy of the country.
In the late 2010s, the state found itself on the threshold of a transition period. In this regard, Cyril Ramaphosa negotiated with the president and insisted on the resignation of the latter. Ramaphosa was recognized as the only worthy candidate for a vacant seat, and in February 2018, the businessman and politician led the country.
At the initiative of the new leader, the parliament developed a series of reforms relating to land and legal relations, labor legislation and the economy, which strengthened the level of trust of businessmen and ordinary people in the government.
Having a high approval rating, the President of South Africa has shown that he is full of strength and energy. In 2019, the same party members re-elected Cyril Ramaphosa as the chairman of the ANC.
Little is known about Ramaphosa’s personal life. The first two marriages of Cyril Ramaphosa to a woman named Hope Ramaphosa and businesswoman Nomazizi Mtshoshise ended in divorce. The third wife of Cyril was the sister of the South African billionaire Patrice Motsepe Tshepo. At least five children of the politician are known.
In the late 2010s, the first person of the Republic of South Africa was caught in a side affair. Representatives of public organizations condemned the immoral behavior that affected the reputation, but Cyril Ramaphosa managed to maintain his post and the trust of people with weight.
Cyril Ramaphosa now
In 2021, South Africa became the hotbed of a new strain of coronavirus. According to reports on the Republican administration’s Twitter account, the president contracted the omicron virus but managed to avoid serious consequences.
The President of South Africa maintains an account on Instagram. Subscribers follow his political and social life through photographs from official meetings and events.
Interesting Facts about Cyril Ramaphosa
- Ramaphosa is a recipient of state awards and distinctions, as well as an international award for courage in the fight for human rights.
- During the time spent in business, the politician has amassed a solid fortune.