Many fans are curious about Cyril Ramaphosa's financial success in April 2026. Our team analyzed the latest data to provide a clear picture of their income.

What is Cyril Ramaphosa's Net Worth and Salary?

Cyril Ramaphosa was born on November 17, 1952 in Soweto, Johannesburg in what was then the Union of South Africa. He is the second of three children of Venda parents Erdmuth and Samuel. As a youth, Ramaphosa went to Tshilidzi Primary School, Sekano Ntoane High School, and Mphaphuli High School. He went on to study law at the University of the North in Limpopo Province. There, Ramaphosa got involved in student politics. In 1974, he was detained in solitary confinement for 11 months for organizing pro-FRELIMO rallies. Ramaphosa was detained again in 1976. Following his release, he worked as a law clerk for a firm in Johannesburg while continuing his legal studies through the University of South Africa.

National Union of Mineworkers

African National Congress, 1991-1996

After earning his law degree, Ramaphosa became an advisor in the legal department of the Council of Unions of South Africa. He subsequently established the National Union of Mineworkers, an affiliate of the Congress of the South African Trade Unions, and became the group's first secretary general. During his tenure heading the NUM, Ramaphosa led mineworkers in one of the biggest strikes in the history of South Africa. Additionally, he was integral in the development of the Mass Democratic Movement.

Cyril Ramaphosa is a South African politician who has a net worth of $450 million. Cyril Ramaphosa is best known for being the President of South Africa but he earned his fortune as the founder and chairman of investment firm Shanduka Group which owned McDonald's South Africa. Before Shanduka was sold to a competitor, it also specialized in mining, finance and Coca-Cola bottling plants. At various times he has been ranked as one of therichest people in South Africa. He first achieved national renown in the early 80s as secretary general of South Africa's National Union of Mineworkers, and later rose in the ranks of the African National Congress underNelson Mandela. He is a member of the African National Congress political party. Ramaphosa served as the Secretary General of the African National Congress from March 1991 to December 1997. From December 2012 to December 2017 he served as Deputy President of the African National Congress. Cyril Ramaphosa served as the 7thDeputy President of South Africa from May 2014 to February 2018. He became the President of the African National Congress in December 2017. Cyril Ramaphosa became the 5thPresident of South Africa in February 2018 and the Chairperson of the African Union in February 2020.

In 2011, the Chinese Investment Corporation paid $245 million for a 25% stake in Cyril Ramaphosa's holding company Shanduka Group. In June 2015 the entire company was sold to the Pembani Group. The transaction netted Ramaphosa at least $200-300 million.

As President of South Africa, Cyril Ramaphosa is paid an annual salary of 3.9 million Rand. That's equal to $227,000 USD.

Following his resignation from the NUM in mid-1991, Ramaphosa became secretary general of the African National Congress. He went on to serve as the head of the ANC's delegation during the negotiations that finally ended apartheid. In 1994, Ramaphosa became a Member of Parliament following South Africa's first fully democratic elections. He was elected as the chairperson of the constitutional assembly, and was also reelected as secretary general of the ANC. Ramaphosa later resigned from the ANC in 1996 with the intention of leaving politics.

Ultimately, Cyril Ramaphosa's financial journey is a testament to their success.

Disclaimer: All net worth figures are estimates based on public data.