Cyril Ramaphosa Bio, Net worth, Family, Career, And Age

Cyril Ramaphosa Bio, Net worth, Family, Career, And Age. Cyril Ramaphosa, a politician and businessman from South Africa, is the country’s fifth president.

Cyril Ramaphosa Biography

The fifth president of South Africa and a member of the African National Congress (ANC), Cyril Ramaphosa is a South African businessman and politician who took office on February 15, 2018.

With an estimated net worth of 675 million, Ramaphosa is the 21st wealthiest African in the world. He has amassed this money via his business endeavours.

Cyril Ramaphosa, who was born in Soweto on November 17, 1952, had a long time dealing with the effects of apartheid in South Africa. He began studying law at the University of the North in Mankweng, Limpopo, in 1972. While there, he was involved in activist activities and was arrested twice in the 1970s for opposing apartheid: once for eleven months in 1974 and again for six months in 1976.

After earning his law degree from the University of South Africa in 1981, Ramaphosa followed his professional path. In 1982, he was appointed general secretary of the National Union of Mineworkers.

He held this role until 1991 when he was chosen to serve as the next general secretary of the ANC. Ramaphosa collaborated extensively with Nelson Mandela while serving as general secretary of the ANC to abolish apartheid and steer South Africa toward a more democratic course.

Ramaphosa was close enough to Mandela and held enough of a position of trust for Mandela to recommend that he serve as the country’s first black president’s deputy.

Despite being Nelson Mandela’s choice, Cyril Ramaphosa just missed out on the presidency to Thabo Mbeki, who took office in 1999. Since that time, Ramaphosa has concentrated his efforts on business, becoming a prosperous entrepreneur through his forays into industries like mining.

Ramaphosa has had his share of controversies, though. A contentious incident involving a mining strike at the Lonmin-owned Marikana mine outside of Rustenburg, South Africa, followed Ramaphosa in 2012.

Ramaphosa demanded a greater police presence as the demonstrations grew harsher, which resulted in a firefight when the police murdered 34 mining employees. The Marikana Massacre controversy, which followed Ramaphosa’s career, is well-known.

Ramaphosa returned to politics following his commercial success, serving as South Africa’s vice president from 2014 to 2017.

On December 18, 2017, Ramaphosa was chosen to succeed Jacob Zuma after his resignation in 2017. On February 15, 2018, he took office as South Africa’s next president.

Cyril Ramaphosa Net Worth

He is one of the wealthiest persons in South Africa; according to Forbes, his net worth exceeds $700 million. He has a lavish property worth R30 million at the base of Lions Head in Cape Town.

With an estimated net worth of more than $500 million, Ramaphosa is one of the wealthiest individuals in South Africa and one of its wealthiest politicians.

Cyril Ramaphosa’s Political Party

Cyril joined the Council of the Union of South Africa after earning his legal degree (CUSA). He served as a legal advisor and, in response to the council’s request, founded the National Union of Mineworkers (NUM) in 1982.

He later rose to become the organization’s first General Secretary and actively participated in the founding of the Congress of South Africa Trade Union (COSATU). Ramaphosa organized the summit.

In December 1985, he gave the keynote speech at a COSATU rally in Durban. He also travelled to Lusaka, Zambia, in 1986 as a member of COSATU’s delegation to the African Congress.

The union membership increased under his direction as general secretary. As it grew, it began to dominate half of the black labour force in the mining sector of South Africa.

He also led the mineworkers in one of South Africa’s largest strikes, together with James Motlatsi and Elijah Barayi.

In addition, he oversaw Nelson Mandela’s release and served as chair of the National Reception Committee. He oversaw the African National Congress’s negotiating team in 1991 when it met with the government to discuss the end of apartheid.

Cyril joined the parliament after the country’s first democratic elections took place in 1994, and on May 24, 1994, he was chosen to lead its Constitutional Assembly. He was a key figure in the national unity government at the time.

Cyril later entered the South African presidential election. He was defeated by Thabo Mbeki, though, and resigned from politics in January 1997 as a result.

Later, he entered the private sector and rose to the position of director at New Africa Investments Limited. He won the 1997 election for the ACN’s National Executive Committee, taking the first position.

Jacob Zuma finally appointed Cyril Ramaphosa as the Deputy President on May 25, 2014. The next day, Chief Justice Mogoeng Mogoeng administered the oath of office.

In accordance with Section 91(4) of the constitution, he thereafter took the role of the Leader of Government Business in the National Assembly.

Following President Jacob Zuma’s resignation, the National Assembly chose Cyril Ramaphosa as the next leader of South Africa on February 15th, 2018, without any challengers.

Prior to Cyril, Chief Justice Mogoeng Mogoeng took the oath of office in the president’s guesthouse, Tuynhuys.

Cyril, the fifth President of South Africa, delivered his first State of the Nation Address on February 16th, 2018.

It was the first time a president gave his State of the Nation Address without a vice president in democratic South Africa’s history.

Mr President spoke about the need to grow South Africa’s economy, guarantee young employment, improve tourism, and shrink the size of the nation’s cabinet.

In his remarks, he also underlined the need of preserving Nelson Mandela’s legacy.

Cyril delivered a speech that was excellent and received largely favourable feedback from the opposing parties. Although they pledged to keep him responsible, his opponents accepted his aims and said that his speech will bring about change in the nation.

Cyril Ramaphosa achieved a lot in his role as president. He prioritized the nation’s economy and land reforms, among other things.

He also dealt with the listeriosis epidemic, which as of March 2018 has killed over 100 individuals in South Africa.

President Cyril also vowed to support the Africa Continental Free Trade Area at the 2020 African Union Summit. He also expressed support for achieving gender equality in South Africa.

In order to carry out his plan, the president started the Youth Employment Serves (YES) project, which hired young people and gave them job experience in a variety of professions.

He also established the Sanitation Appropriate for Education (SAFE), a group tasked with addressing sanitary issues affecting South Africa’s poorest schools. His administration also handled the bloodiest riots since apartheid in South Africa in 2021 with skill.

In keeping with this political generosity, Cyril declared to the world on May 24, 2018, that he will contribute R3.6 million ($150,000) every year, or half of his income, to charity in memory of the late Nelson Mandela, the former president of South Africa.