Billy Rautenbach

Quick Facts

Full Name	Billy Rautenbach
Occupation	Businessman
Date Of Birth	Sep 23, 1959(1959-09-23)
Age	65
Birthplace	Harare
Country	Zimbabwe
Birth City	Harare
Horoscope	Virgo

Billy Rautenbach Biography

Billy Rautenbach is one of the most popular and richest Businessman who was born on September 23, 1959 in Harare, Harare, Zimbabwe.

With the assistance of his father’s trucking business, contacts in transporting minerals, and using innovative mining techniques, he successfully mined state-owned companies and attracted the attention of the government. He developed a different technique and out-mined the state company in a very short period of time: “We did it very selectively. We slowed down the process and picked it out in very high grade and with very little investment”. Billy’s unorthodox approach was successful, and showed the massive inefficiency of the state-run enterprises. In 1998, Laurent Kabila offered him a chance to lead state-owned Gecamines. Despite initial reluctance, he finally accepted, and in doing so, successfully turned around the fortunes of the company by cutting costs and improving efficiencies. However, the rebel-infested country began to create trouble for the Congolese government who, in a search of funds, issued allegations of misappropriation of corporate assets. Rautenbach has denied any allegations of financing the DRC war, logically stating that he was in business in the Congo long before the war broke out: “I started mining in the Congo about a year before the war started. So all of a sudden, the war is there because of me. It’s unbelievable.” “We were very active there in getting the production going, in turning around things. We were possibly affecting people’s commercial interests … I set up a little mine there, and out-produced the major cobalt producers in the world in one year. They spend billions of dollars putting up a plant and I come there as a farmer – me and my dad – and we got the stuff out of the ground”. However, stories continued circulating: allegations that he was Robert Mugabe’s right-hand man, that he had bribed Kabila into securing his mining concessions, and that his mines were financing Zimbabwe’s soldiers in the DRC. To date, there have not been any substantiation on claims of Rautenbach’s links to Mugabe and the European Union struck him off the targeted sanctions list in February 2012.

He first started expanding his family business, Wheels of Africa, Rautenbach turned his focus of car design and it greatly increased the market share of Hyundai in South Africa. Circa 2004, tax evasion charges were soon leveled against him by the South African authorities resulting in asset forfeiture worth 50 million rands, which forced him to leave South Africa. The National Prosecuting Authority failed to secure a conviction and withdrew the charges two years later. Although his personal assets were returned, the legal battles against tax evasion charges cost him the Hyundai business and brought significant negative publicity.

Billy Rautenbach Net Worth

Billy Rautenbach is one of the richest Businessman from Zimbabwe. According to our analysis, Wikipedia, Forbes & Business Insider, Billy Rautenbach 's net worth $5 Million. (Last Update: December 11, 2023)

Billy Rautenbach, also known as Muller Conrad Rautenbach (born 23 September 1959), is a Zimbabwean businessman.

Height, Weight & Body Measurements

Billy Rautenbach height Not available right now. Monchi weight Not Known & body measurements will update soon.

Who is Billy Rautenbach Dating?

According to our records, Billy Rautenbach is possibily single & has not been previously engaged. As of December 1, 2023, Billy Rautenbach’s is not dating anyone.

Relationships Record : We have no records of past relationships for Billy Rautenbach. You may help us to build the dating records for Billy Rautenbach!

Facts & Trivia

Monchi Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in Zimbabwe. Billy Rautenbach celebrates birthday on September 23 of every year.

Who owns Zimbabwe?

Muller Conrad “Billy” Rautenbach
Born| 23 September 1959 Salisbury, Southern Rhodesia
Nationality| Zimbabwean
Occupation| Businessman
Spouse(s)| Jenny Lynn Rautenbach (née Noon)

Who is the owner of Sabot trucks?

the owner is Billie Rautenbach. he started it as Wheels of Africa in the ’90 s. nickname “Napoleon of Africa”.

Who is Zed Koudounaris?

Koudounaris, one of Zimbabwe’s most successful businessmen, is the founder of Simbisa brands. His 18.41-percent stake in the company is worth $60.4 million.

Is Zimbabwe rich or poor?

Seventy-two percent of Zimbabweans live under the national poverty line, making it the 22nd poorest country in the world.

What country owns South Africa?

The country became a fully sovereign nation state within the British Empire , in 1934 following enactment of the Status of the Union Act. The monarchy came to an end on 31 May 1961, replaced by a republic as the consequence of a 1960 referendum, which legitimised the country becoming the Republic of South Africa.