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FORBES UPDATE: Top Most 10 Richest Black South African and their net worth in 2018

8. Mike Teke

Net Worth: R682 million

Image result for Mike Teke

While he was a youth, Mike Teke had no parents to cater for his needs. Consequently, his grandmother filled the void left by his parents and brought him up in a motherly manner. Mike Teke received great advice from his grandmother and always makes it known that her words had a hand in his success. Currently, he serves at Optimum Coal Holdings as the CEO with the net worth of R682 million.