Africa News, Culture And Rankings

10 Richest Young People In South Africa – 2018

According to youth village, these are the top 10 Richest Young People in South Africa.

Two things the guys below all have in common is that they are all entrepreneurs and they are all below 40…

10 Richest Young People In South Africa - 2018
Adii Pienaar’s, co-founder of Woothemes

Below are the top 10 richest young people in South Africa:

1. Sandile Shezi, Age: 28

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.

2. Rupert Bryan, Age: 28

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.

3. Doug Hoernle, Age:28

Douglas Hoernle is the Chief Executive Officer and Founder of Rethink Education (Pty) ltd. Rethink uses a chat-styled interface to give learners access to high school mathematics and science content.

Rethink Education has distributed math and science content to more than 500,000 South Africans and is launching in Nigeria, Ghana and Zimbabwe.

4. Murendwa Mmabasotho, Age: 28

Murendwa Mmabasotho Mukwevho is a multimillionaire, with a string of businesses varying from logistics to printing. She also owns PMN Properties. This is a company that buys land and then develops properties that are sold and rented to residents. Mukwevho owns a printing service and internet café that helps teach students to read.

5. Ludwick Marishane Age: 28

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.

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6. Adii Pienaar, Age: 30

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.

7. Max Hussman, Age: 32

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.

8. Duduzane Zuma, Age: 33

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.

9. Vusi Thembekwayo, Age: 33

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.

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10. Mike Eilertsen, Age: 36

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.

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