Added: Jalyn Sturdevant - Date: 30.03.2022 01:35 - Views: 44875 - Clicks: 848
South Africa has some of the richest individuals on the African continent. Even though it has many hardworking young people, not too many are in the class of the very rich. Needless to say, there is still a class for the youngest millionaires in South Africawho have distinguished themselves in their professional lives, and may not be set to become the next generation of billionaires the country will produce. Most of the young people on the list started it all from the scratch, although some have got support and backings from their families.
They have started their enviable businesses and built empires that have sustained for a while. Among the young millionaires are people who started making money as early as their teenage years and into their 20s.
Here are the top 10 youngest millionaires in South Africa :. This self-made millionaire earned his millionaire status when he was only 23 years old. Sandile Shezi age today is 28 years.
He took a gamble with his college tuition, much to the annoyance of his parents. Had he not made his chunk of money from Forex trading, he would have completely fallen out with his family. He is one of the top South African Forex millionaires. While in school, Shezi sold muffins, a trade he was often ridiculed for by his peers. Vusi Thembekwayo is a business magnate and motivational speaker who became one of the South African millionaires under 30 when he was only 25 years old.
At 25, he headed the Rmn department in a multinational company. He currently serves as a director in a listed company and directs his boutique investment. He has been appointed to several boards where he serves with enthusiasm. He often addresses people from all continents, especially in leadership, strategy and sales. Now 29, Ludwick Marishane was listed in the African Forbes 30 under 30 list when he was only 25 years old. While he is not among the richest Forex traders in South Africahe is one of the rick-young through his DryBath formulation.
He was in high school when he came up with the idea of making a gel that cleans the body without needing water. He wrote a business plan, and the product was developed in 6 months. He is the founder of Headboy Industries that South african young millionaires the DryBath. From the sale of this product that is packed in small quantities for affordability, Marishane is one of the youngest millionaires in South Africa today. As a young boy, he developed a passion for web development. When he was only 14, he started managing his web South african young millionaires agency.
At 16, a friend ed him to pursue his dream. The duo established Web Africa with the little they had. Over time, the business thrived into a company whose annual net worth is approximately R million. He later on developed a tutorial business, Rethink Education. This is a creative digital education podium that allows high school students and other learners to learn new things using their mobile phones. The data-lite mobile forum is easy to navigate and contains plenty of educational material. According to Hoernle, the platform has assisted overstudents in studying in a fun way.
The platform has earned him the much-coveted millionaire status. Murendwa Mmabasotho Mukwevho is a young lady who owns several businesses including logistics and printing. She comes from a family of business moguls, and her father is her primary source of inspiration. She is the founder of Mukwevho Enterprises, a company that delivers goods to clients using trucks. The properties are then developed and rented out or sold. She also runs Morenda Printing Services in Maseru.
Murendwa also works as a studio director and editor at the SABC studios.
He established the company in when he was only 20 years old. Woothemes specialises is developing unique and customised plug-ins and themes for WordPress. His unique work has led other companies such as Tumblr to request for similar services.
This business mogul also doubles as the founder and president of PublicBeta, a company that enables successful business people to mentor South african young millionaires startups in the country. Max Hussman began exploring his business ventures in when he was only 23 years old. He founded the Elegance Group that encompasses Elegance Aid, a consultancy in aviation and sports consulting. He has also authored a best-seller book that motivates people to pursue their passion. He continues to leave an indelible mark in the South African aviation sector.
Duduzane Zuma is the son of former president Jacob Zuma. He serves as the founder and head of Mabengela Investments that boasts of a While many people may argue that his success is linked to his family, it has been established that he carved a niche for himself through hard work. His family has supported him all along. Before this, he served as a waiter. During his time away from school and work, he developed a database on the top businessmen in South Africa. He later set up his company that has since made him a multi-millionaire.
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Top 10 Richest Young People In South Africa