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Billionaire Motsepe commits half of family funds to charity

South African billionaire Patrice Motsepe on Wednesday committed to donating half his family’s personal wealth to charity. The 51-year-old, who has been labelled South Africa’s fourth- and Africa’s eighth-richest man by Forbes, said that “at least” 50% of all funds generated by the family assets would be used by the Motsepe Foundation to uplift poor, disadvantaged and marginalised South Africans.

Authors: Dubai Engineering Jobs Admin

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