Patrice Motsepe looks into shares at Blue Bulls

Tshwane-based rugby franchise, the Blue Bulls, will soon be given the chance to challenge in Europe with a possibility of dominating the Southern Hemisphere, thanks to South African billionaire businessmen Patrice Motsepe and Johann Rupert.

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According to The South African, Rupert currently owns a 50% stake in the Bulls but it is understood that Mamelodi Sundown’s owner Motsepe is preparing to bid 37.5% for himself, reducing Rupert’s investment to the same number.

As a collective, they would form a multi-billion rand collaboration and take a regulating stake of the club, leaving just 25% for possible investors.

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Patrice Motsepe wealthiest black South African (SA Rugby Mag)

Rupert is the third richest man in South Africa, with a personal fortune of approximately R105 billion followed by Motsepe in fourth with R35 billion, making him the wealthiest black South African.

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