Football

See The Top 5 Richest FOOTBALL CLUB OWNERS IN SOUTH AFRICA

5. Kaizer Motuang,  Kaizer Chiefs, South Africa

kaizer-motaung

Kaizer Chiefs, South Africa

Kaizer Chiefs was originally founded by Kaizer Motaung in 1970, but following a sale of 40 percent stake to media giants Primedia in 2004 for about R40 million ($4 million), he lost total control of the club. Not one to give up, Motaung recouped the 40 percent share  he sold to Primedia in 2010, with the deal reportedly worth more than R70 million ($7 million). The club has been transformed to one of biggest football brands in South Africa, and Kaizer Motaung has become a personal ambassador for Kaizer Chiefs’ approach both inside and outside the organization.

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