Top 5 South African Youth Millionaires
5 of the SA’s wealthiest people are under 35 years old. One thing all the below listed entrepreneurs have in common, is that they started small from a very young age. Some say that you have to be born with a mind for this big venture, others say it can be taught. Whatever it may be, the following people go the full hang of it.
Below is a list of young people who are the richest in South Africa:
1. Vusi Thembekwayo, Age: 27
At the age of 17, Vusi was already ranked 1st in Africa for motivational speaking. As one of the best motivational speakers and keynote speakers alive today he has spoken in 4 of the 7 continents to over 250 000 people each year… At 25 years-old Vusi was the youngest director of a multi-national turning over R17bn a year, where he served on the operations board. His humour is the glue that binds some of his most diverse audiences in the world.
2. Adii Pienaar, Age: 29
Pienaar’s company, Woothemes, designs and develops customizable commercial themes and plugins for WordPress. The company, which Adii founded in 2007 with a bootstrap budget, generates over $3 million in annual revenues from the sale of its themes. Woothemes also develops and sells themes for other content management systems, including Tumblr. He is also the founder of PublicBeta, a service that allows very successful entrepreneurs to transfer knowledge to new startups.
3. Duduzane Zuma, Age: 32
Duduzane Zuma is the son of the President of South Africa, Jacob Zuma and Kate Zuma. Duduzane Zuma through his company Mabengela Investments holds a 12.5% stake in the Ayigobi Consortium. The same Ayigobi is part of AMSA’s BEE deal in respect of 26% of the company’s operating assets, together with an employee stock ownership plan (ESOP), for an aggregate value of R9.75bn.
4. Mike Eilertsen, Age:25
Mike was a teenage waiter turned into entrepreneur, turned into the founder of LIVE OUT LOUD media group company. When he was younger, he had comprised a database with over 100 000 contact information on South Africa’s top businessmen. Then he developed the idea to start up a millionaire’s magazine and November 2007 was the birth of LIVE OUT LOUD.
5. Sandile Shezi, Age: 23
Shezi’s story began with selling muffins at school, for which he was laughed at. Then he traded in all the money that was supposed to be for education, a big move that turned him into a millionaire. Forex Trading. That was his breakthrough.
Date exctacted: 20/12/2018