Who is a Millionaire?
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency.
Top Young Millionaire In South Africa
Vusi Thembekwayo
Vusi Thembekwayo is the richest young man in South Africa, with a net worth of between $35 and 40 million.
Mike Eilertsen
Mike Eilertsen is the founder of a media group known as LIVE OUT LOUD. He also started a database of South Africa’s leading businessmen when he was younger.
His estimated net worth is 21.2 million dollars.
Cassper Nyovest
Refiloe Maele Phoolo, alias Cassper Nyovest, is a successful musician with a net worth of $15 million.
Duduzane Zuma
Duduzane Zuma is the son of the former president of South Africa, Jacob Zuma. Although he comes from an affluent family, he has made his own money from multiple investments.
The South African businessman has a net worth estimated at $15 million
Khanyi Mbau
Khanyi Mbau is the richest young woman in South Africa on the list. She is a famous actress, media personality, and artist with a net worth of $10 million.
Which field is best for becoming a millionaire in South Africa?
The largest portion of the country’s HNWIs acquired their wealth through financial and professional services
(including banks, law firms, accountants, fund managers and wealth managers), followed by the real estate sector. The technology and telecoms sector also ranks highly on the list for acquiring wealth.