Ten out 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.
6. Rupert Bryan, Age: 25
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.
7. Doug Hoernle, Age:25
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.
8. Murendwa Mmabasotho, Age: 26
Murendwa Mmabasotho Mukwevho is a multimillionaire, with a string of businesses varying from logistics to printing. A poised and humble woman, she shares her success story.
9. Max Hussman, Age: 30
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. Ludwick Marishane Age: 26
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.