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Top 10 Richest Kids In South Africa 2023

Top 10 Richest Kids In South Africa 2023

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South Africa ranks as the 25th largest country in the entire world based on land area and ranks as the largest country in southern Africa. With a population reaching up to 56 million people, it takes a comfortable position as the 24th most populous nation globally.

The richest kids in South Africa are ranked according to their wealth and net worth. The following is the list of South Africa’s Richest kids.

Top 10 Richest Kids In South Africa

  • 1. Vusi Thembekwayo:

This young man is only 33 years old and is the wealthiest kid in South Africa. This inspirational young man, at the young age of 17, was already considered to be the number one motivational speaker in all of South Africa, and Africa.

Vusi is one of the best Motivational speakers as well as keynote speakers who walk the earth currently and he has spoken in 4 continents out of the 7 continents in the world, reaching more than 250,000 people yearly. By the time he was just 25 years old, Vusi was already the youngest director at a multi-national company and was turning in more than R17bn annually while serving on the operations board. He is known for his humorous delivery, his humor is one of the things he is most known for, by his diverse and expansive audiences worldwide. Vusi’s net worth is around $36.4 million.

  • 2. LUDWICK MARY SHANE:

This enterprising young man is one of South Africa’s finest young minds. He is the inventor of DryBath as well as the founder of Headboy industries. As was reported by Forbes, DryBath was an idea which he came up with when he was just in high school. DryBath is a gel one can use to bathe without the use of water. Back in the year 2011, Ludwick was lucky enough to win a cash sum of 10,000 USD, along with other prizes. With his funds, he is financing a global marketing endeavor that hopes to reach out to and secure contracts with big organizations like armies and airlines, as well as hotel groups in order to make DryBath a household name, and help save water. Ludwick’s net worth is around $9 million.

  • 3. Adii Pienaar:

The company headed by this young man, known as Woothemes, is known for designing as well as developing themes that are both customizable and commercial, and also, plugins, all for WordPress. Adii founded the company with a bootstrap budget in the year 2007 and now generates a revenue of more than $3 million annually, just from the sales of these customizable commercial themes. These customizable commercial themes produced by Woothemes are also developed and sold to different content management systems also, such as the popular Tumblr. Adii also founded a service known as PublicBeta, which is a platform by which successful entrepreneurs can speak to new startups for a transfer of knowledge. Adii is worth over $5 million.

  • 4. Duduzane Zuma:

This successful young man is the son of the former president of South Africa, Jacob Zuma, and his wife Kate Zuma. Through his company known as Mabengela Investments, Duduzane holds a stake of 12.5% in the Ayigobi consortium. Duduzane is 32 years old.

  • 5. Mike Eilertsen:

This young, 34-year-old entrepreneur started out as a waiter before becoming the founder of the famous company known as the LIVE OUT LOUD media group. When Mike was much younger, he made a database which was made up of more than 100.000 contact information of the top businessmen in South Africa. From this step, he soon got the idea to begin a millionaire’s magazine, and in the year 2007, in the month of November, his company, LIVE OUT LOUD, was born.

  • 6. Sandile Shezi:

This young man started early in high school where he sold muffins to the jeers of his schoolmates and peers. Determined to make something of himself, he went into Forex trading and made a big move that could have easily backfired and left him distraught, he traded the money that was supposed to be for his education. The move paid off, and he got his big break. He is 24 years old.

  • 7. RUPERT BRYAN:

This is one member of this list who started really early, aged 14. By the time he was that age, Rupert was already running his very own web developing company and by the time he got to the age of 16, a friend asked him to come along with him on a joint venture, and that was it. Currently, he is ISP Web Africa’s chief operating officer. This company that was started from basically nothing now turns in more than R130 million per annum.

  • 8. MURENDWA MMABASOTHO:

The common saying goes that what a man can do, a woman can do, possibly even better. Maranda is a multimillionaire who owns a string of various businesses which range from printing to logistics. She is known for being focused, poised, and altogether humble.

  • 9. DOUG HOERNLE:

While still a student at the University of Cape Town, at the young age of 19, Doug started a business where he tutored matric students. Following his tutoring business, he began selling wines at inexpensive rates for birthdays or at anniversaries or both. The wines had personalized labels and eventually, it led to a big opening for him at the City Bowl Market.

  • 10. MAX HUSSMAN:

Max Hussman is the founder of the Elegance group. Through the Elegance group, the young man runs an aviation business as well which includes, Elegance air, aviation counseling as well as sports consulting. Max was born in Accra but was raised in the European country, Germany. He made South Africa his home, and the Elegance group has been thriving and making an indelible mark on the aviation industry in South Africa.

SOUTH AFRICA- THE HOME OF BRILLIANT MINDS

In this beautiful nation, there are a lot of people who through sheer determination, ingenuity, and hard work, have made names for themselves, and money as well.

One interesting thing to know about this nation is that 10, out of the wealthiest people in South Africa, are under the age of 35. This is very impressive when you realize that all these entrepreneurs which make up this list of richest kids in South Africa, all started when they were very young, at an age where many of their peers were still unable to decide what they wanted to do with their lives.They started small, and they started early and they are now reaping the fruits of their labor. The impressive part is that they have not relented yet.

It is often said that for one to have a mind for innovation such as these youngsters, you need to be born with it. Other people say that this mind can be nurtured into being and is not just a factor of nature. It doesn’t matter what category these youngsters fall in, nature or nurture, it only matters that they have this mind and used it to their advantage.

More On SA – Top 10 Richest Kids In South Africa

South Africa is the country farthest south of the Eastern Hemisphere or the old world. The nation has ethnic groups so diverse that there are about eleven spoken languages that are regarded as official languages constitutionally. The majority of the population consists largely of those of Sub-Saharan African ancestry while the rest of the population is made up of the largest communities of Europeans, Asians, and people of multiracial ancestry in all of Africa.

In line with its multiethnic society, there are myriad cultures, religions, and languages that exist in this nation. The eleven constitutionally recognized languages present in this country are one of the highest numbers in the world. Out of these languages, two of them, namely, Afrikaans and English, the former having originated from Dutch and the latter, a testament to British colonization. Most white South Africans speak Afrikaans as a first language along with colored South Africans as well. The English language actually ranks fourth on the list of spoken languages.

“The Rainbow Nation” is a phrase fondly used to describe this country due to its diversity in terms of culture. This country, described by the World Bank as a newly industrialized economy, has the second-largest economy in all of Africa, recording the seventh-highest per capita income on the continent. Despite some problems which it may face, this nation still maintains a significant influence regionally and is known as a middle power when it comes to international matters.

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CONCLUSION

These young minds were all kids when they began to make strides that would set them aside from their peers. They are a simple testament to the fact that it is never too early to start and with hard work, the sky can only be a starting point.

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Sherif Legend