Top 10 Youngest Millionaires In South Africa 2022
Youngest Millionaires In SA – Youth in South Africa in the olden days weren’t much into becoming rich at their early stages in life . But in this 21st century the tables turned down . Many young men In South Africa now dream of becoming famous, turning into billionaires in their future.
Thus this article contains the list of Youngest Millionaires In SA as at 2022 .
Top 10 Youngest Millionaires In South Africa
Here is the list of young people who are the richest in South Africa:
1. Vusi Thembekwayo Net Worth – $36.4 million
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. Duduzane Zuma Net Worth – $15 million
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.
3. Rupert Bryan Net Worth – $13 million
Since aged 14, Rupert has ran his very own web developing company and at 16, his friend asked him to accompany him on a joint venture. Now, he is the chief operating officer at the ISP Web Africa. They started Web Africa with nothing and built a R130mil p.a. company.
4. Ludwick Marishane Net Worth – $9 million
Ludwick Marishane invented DryBath and is the founder of Headboy Industries. According to Forbes, he was in high school when he came up with DryBath, a gel that does all the work of a bath without water. In 2011, Ludwick won USD 10,000 in cash, and more in in-kind prizes. He’s using the funds to finance my global marketing endeavor to secure contracts with armies, airlines (to put DryBath on long-distance flights), hotel groups (to save water), and to other travel industry services.
5. Adii Pienaar Net Worth -over $5 million
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.
6.Doug Hoernle Net Worth –$5 million
When he was 19 years old he started a tutoring business by tutoring matric students, when he was a student at University of Cape Town. After that, he sold inexpensive wines with personalized labels for birthdays or/anniversaries and this led to his big opening at the City Bowl Market.
7.Sandile Shezi Net Worth – $2.3 million
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.
8. Murendwa Mmabasotho Net Worth – N/A
By the age of 25, Murendwa Mmabasotho had already registered her name as one of the youngest millionaires in South Africa. This feat is major in more ways than one, being the only woman on the list.
Murendwa describes herself as someone who was born blessed, even though she lost her mother in 1990, shortly after she was born together with her twin brother. Raised by a father, who had a fleet of taxi cars and other businesses, she wanted to become a nurse, but somehow, she realized she was drawn to the world of entrepreneurship.
9. Max Hussman Net Worth -NA
Max Hussman is the founder of Elegance Group and a 2016 swimming Olympic hopeful. Hussmann also runs an aviation business through Elegance Group which included Elegance Air, sport consulting and aviation consulting. He was born in Accra, raised in Germany, but made a home in South Africa where Elegance is thriving and making its mark in the aviation industry.
10. Mike Eilertsen Net Worth – N/A
Mark Eilertsen built his fortune right from the floor in the early 2000s to what it is today. His path to becoming one of the youngest millionaires in South Africa began in 2000 when he began his small business of selling breakfast packs for R10 in Sandton’s morning traffic. From breakfast, he expanded to selling coffee after someone told him it was also needed. Soon he was in business.
It was, however, not a smooth ride for him as by the time he was 25, he had already dropped out from the University of Johannesburg, but he soon realized he was in an R7-million debt. He sold his backpack company, Boiling Point, and decided to branch into a business he knew nothing about by starting a magazine and publishing company. He soon found out he was spending too much, leading him to the aforementioned debt.