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About

Matamela Cyril Ramaphosa is a South African businessman and politician who has served as the President of South Africa since 2018. He is also the president of the African National Congress (ANC). Ramaphosa played a key role in the anti-apartheid movement and later became a prominent figure in South African business. His presidency has focused on addressing corruption and promoting economic growth.

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Career Timeline

1991B$1M

ANC Secretary-General Appointment

Ramaphosa became Secretary-General of the ANC and played a crucial role in negotiating the end of apartheid. His leadership during this transformative period established him as a major political figure in South Africa's democratic transition.

1996B$5M+$4M

Transition to Business World

After being passed over for the presidency, Ramaphosa pivoted to business, using his political connections to build wealth. This marked the beginning of his accumulation of substantial personal fortune through various business ventures.

2001B$100M+$95M

Becomes Billionaire Businessman

Ramaphosa's investments in mining, telecommunications, and other sectors made him one of South Africa's wealthiest individuals. His business success was controversial given his activist background but secured his financial position.

2012B$200M+$100M

Returns to Politics as Deputy

Ramaphosa returned to politics as Deputy President under Jacob Zuma, divesting from many business interests. His return signaled ambitions for the presidency and restored his political prominence.

2018A$400M+$200M

Becomes President of South Africa

Ramaphosa succeeded Zuma as President amid hopes he would fight corruption and revitalize the economy. His election made him one of the most powerful figures in Africa and elevated his global profile significantly.

2024A$450M+$50M

Re-elected Despite Phala Phala Scandal

Ramaphosa secured re-election despite the damaging Phala Phala farm theft scandal involving hidden foreign currency. While his reputation took a hit, he maintained power and remained South Africa's leader.

2026A$450M

Current SA President & ANC Leader

Ramaphosa remains President of South Africa and ANC president, making him a household name domestically and a major figure in African politics. While facing criticism, he's a well-known major star on the continental and international stage.

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Last updated: February 23, 2026