Motsepe is a businessman and founder of African Rainbow Minerals, of which he is also the executive chairman.
The announcement comes via social media after a storm erupted because he said earlier that South Africa loves Donald Trump.
During the Davos meeting, the billionaire had the opportunity to enjoy a luxury dinner with the US President.
While talking to President Trump, he said they do business with 50 countries, and he has the privilege of being one of the 100 biggest business brain powers that may now be with the president.
“And Africa loves you, Donald Trump”.