The 10 Richest Women in South Africa 2026: Unveiling Their Influence

As we look at the financial landscape of South Africa in 2026, our publication is proud to present a detailed ranking of the Top 10 Richest Women in South Africa. This list highlights the remarkable achievements of women who have built substantial wealth through diverse industries such as retail, telecommunications, law, and philanthropy, reflecting their influence on the nation's economy.

How We Ranked These

Our ranking of the Top 10 Richest Women in South Africa for 2026 is based on a thorough evaluation of net worth estimates drawn from credible sources like African Leadership Magazine, Bona, and Legit.ng. We considered factors such as business ownership, investments, and publicly available financial data as of 2025 and early 2026. Historical wealth trends and current market positions were also weighed to ensure accuracy. Our goal was to spotlight women who have demonstrated sustained financial success across various sectors, providing a clear picture of their economic impact.

The Top 10 Richest Woman In South Africa 2026 (Top 10 South African Women):

1. Wendy Appelbaum

Wendy Appelbaum tops our list as the richest woman in South Africa for 2026, with an estimated net worth of $260 million as of 2025, according to Legit.ng. As the only daughter of Sir Donald Gordon, the founder of Liberty Group, she carved her path in the family business before branching out. In 1994, she co-founded Women's Investment Portfolio Holdings (Wiphold), a pioneering initiative for female economic empowerment.

Her acquisition of De Morgenzon Wine Estate in Stellenbosch marked a significant pivot into agribusiness and winemaking, sectors where she continues to thrive. Beyond her business ventures, Appelbaum is a noted philanthropist, channeling resources into health and education initiatives through the Appelbaum Foundation. Her multifaceted approach to wealth-building sets a high standard in South Africa's corporate sphere.

2. Wendy Ackerman

With an estimated net worth of $190 million, Wendy Ackerman secures the second spot on our list, as reported by African Leadership Magazine. As a non-Executive Director of Pick n Pay Holdings Limited, a leading South African retail chain, she has played a pivotal role in shaping the company's growth across Africa and Australia. Together with her husband, she controls nearly half of the supermarket giant's shares.

Ackerman's journey from a teacher in Soweto to a retail mogul showcases her adaptability and vision. Her influence in the retail sector extends beyond financials, as she has been instrumental in driving innovation and community-focused initiatives within Pick n Pay's operations during her decades-long association with the company.

3. Irene Charnley

Irene Charnley ranks third with an estimated net worth of $150 million, per data from African Leadership Magazine. Her career trajectory is nothing short of inspiring, transitioning from a labor unionist with the National Union of Mineworkers to a telecommunications powerhouse. During her 13-year tenure at MTN, Africa's largest telecom firm, she spearheaded its expansion across the continent as an Executive Director.

Today, as CEO of Smile Telecoms, based in Mauritius, Charnley continues to shape the telecommunications industry with a focus on affordable internet access. Her ability to navigate complex corporate environments while maintaining a commitment to accessibility highlights why she remains a standout in South Africa's business community.

4. Lady Kitty Spencer

Lady Kitty Spencer, with an estimated net worth of £72 million (approximately $90 million), comes in at fourth place, according to Bona. Born and raised in South Africa as the daughter of the late Earl Spencer, she has made a name for herself as a fashion model and influencer. Her collaborations with globally renowned designers and appearances on major runways have solidified her status in the fashion world.

Spencer has also launched her own fashion line, blending her South African roots with international trends. Alongside her commercial success, her involvement in charity work, particularly in education and health sectors, adds depth to her public persona. Her story reflects a unique blend of heritage and modern entrepreneurship.

5. Sharon Wapnick

Sharon Wapnick holds the fifth position with an estimated net worth of $43.1 million, as cited by African Leadership Magazine. A prominent attorney and investor, she is among the largest individual shareholders in Octodec Investments and Premium Properties, both founded by her father, Alec Wapnick. Since 2011, she has served as the non-executive chairman of Octodec.

Additionally, Wapnick is a partner at TWB Attorneys, a respected commercial law firm in Johannesburg. Her dual expertise in law and investment has enabled her to build a substantial portfolio, making her a key player in South Africa's real estate and legal sectors. Her strategic acumen continues to drive her financial growth.

6. Elizabeth Bradley

Elizabeth Bradley ranks sixth with an estimated net worth of $32 million, according to African Leadership Magazine. As the daughter of Albert Wessels, who introduced the Toyota brand to South Africa in 1961, her family's legacy in automotive distribution laid the groundwork for her wealth. In 2008, her holding company, Wesco Investments, sold a 25% stake in Toyota South Africa for $320 million.

Bradley's wealth is bolstered by strategic investments across various sectors. Her ability to capitalize on historical business ties while diversifying her portfolio demonstrates a keen understanding of market dynamics. She remains a significant figure in South Africa's corporate history.

7. Phindiwe Dlamini-Sangweni

At seventh place, Phindiwe Dlamini-Sangweni boasts an estimated net worth of $30 million, as reported by Bona. A qualified attorney, she chairs Purple Tree Holdings, managing investments in construction and real estate. Her legal background has also positioned her as a contributor to judicial reforms and corporate governance in South Africa.

As a member of the Nhlangwini royal family, Dlamini-Sangweni balances cultural responsibilities with her business endeavors. Her leadership in diverse fields showcases how expertise and heritage can intersect to create substantial economic impact, making her a noteworthy name among South Africa's elite.

8. Aphiwe Gwayise

Aphiwe Gwayise secures the eighth spot with a net worth of R526 million (approximately $28.43 million), according to a public post on Facebook by a South African business page. While detailed public information about her ventures remains limited, she is associated with founding Akerman, a business entity contributing to her wealth.

Her inclusion among South Africa's richest women underscores the diversity of pathways to financial success in the country. We anticipate that more information on her entrepreneurial journey will emerge, shedding light on how she built her impressive fortune in a competitive market.

9. Nozipho Tokota

Nozipho Tokota ranks ninth with a net worth of R486 million (approximately $26.27 million), as noted in the same Facebook business page source. Specific details about her business activities are not widely documented in the public domain, yet her financial standing speaks to a successful presence in South Africa's economic landscape.

Her position on this list highlights the often underreported stories of women achieving remarkable wealth through discreet but impactful ventures. Our publication looks forward to uncovering more about her contributions to industry and commerce in future updates.

10. Zanele Mbeki

Rounding out our list at tenth place is Zanele Mbeki, with an estimated net worth of $10 million, according to Bona. As the wife of former South African President Thabo Mbeki, she is widely recognized for her extensive work in philanthropy and social development. Her initiatives focus on education, health, and women's empowerment across Africa.

Mbeki also champions African culture and heritage through her involvement with the African Renaissance project. Her wealth, while significant, is often overshadowed by her dedication to social causes, making her a unique figure among the Top 10 Richest Women in South Africa for 2026.

In compiling this list of the Richest Women in South Africa for 2026, we have seen a broad spectrum of industries and backgrounds contributing to wealth creation. From retail giants to telecom pioneers and philanthropists, these women exemplify resilience and innovation. For more insights into South Africa's economic trends, consider exploring our related articles on business leaders and market developments.