See How Rich President Cyril Ramaphosa Is

See How Rich President Cyril Ramaphosa Is

Cyril Ramaphosa is a South African politician and current President of South Africa. President Cyril Ramaphosa built a huge private home on two plots of major land that he bought for R30 million in 2010 under Lion’s Head, the world’s most hiked mountain.

He even has an official residence in Cape Town. It is nowhere near the size of former President Jacob Zuma’s Nkandla homestead, but it has one of the best views in Cape Town. On a clear day, Ramaphosa may just be able to see the very cell where Nelson Mandela was jailed for 18 years.

Ramaphosa is one of South Africa’s richest men, with a wealth estimated at $450 million by Forbes in 2015. The building is owned by Ramaphosa’s family trust Tshivhase.

The two plots are a combined 1,423 square meters. Ramaphosa retorted up one of the last undeveloped tracts of land on Head Road, one of the richest streets in the mother city.


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