It is an interesting thing that there are a significant number of young South Africans who are striving hard to have their own portions of the country’s wealth. Impressively, almost all the top youngest millionaires in South Africa on this list began their careers as young entrepreneurs. Moreover, some of them were only teenagers when they emerged into the country’s lineup of entrepreneurs.
As contained in this list, you will be acquainted with the Top 10 Youngest Millionaires in South Africa and the precise reasons behind their desirable fortune as young millionaires.
Top 10 Youngest Millionaires In South Africa 2020
1. Ludwick Marishane
Ludwick Marishane is a young millionaire who formed Headboy Industries. Besides, his fame swirls around as the inventor of DryBath. A statement made by Forbes confirmed that Ludwick Marishane invented DryBath at the time he was a high school student. Interestingly, DryBath is an incredible gel that needs no water to serve the purpose of a bath. Through DryBath, Ludwick Marishane has made his mark as a young South African millionaire to watch out for.
2. Rupert Bryan
Rupert Bryan is a 26-year-old South African who works at the ISP Web Africa as the chief operating officer. Rupert Bryan was only a 14-year-old when he began managing his own web developing agency. Two years later (while he was a 16-year-old), Rupert Bryan agreed to an offer from his friend to partner with him in running a joint venture. Web Africa was initiated with meager resources but afterward, Bryan and his friend magnified it into a company with the estimated worth of R130 million. This is undoubtedly a great milestone that distinguishes Rupert Bryan as one of the youngest South African millionaires.
3. Sandile Shezi
Sandile Shezi is a 27-year-old South African millionaire who is believed to have elevated from grass to grace. During his days at school, Sandile Shezi was ridiculed for selling muffins. Instead of harnessing his money and resources in the pursuit of education, Shezi invested it in forex trading with the intent of making his mark as a forex trader. Fortunately, this materialized for Shezi and now he is considered one of the youngest millionaire forex traders in South Africa.
4. Doug Hoernle
- Date Of Birth: 21 June 1990
Doug Hoernle is a 27-year-old South African millionaire who began a tutorial enterprise in his late teens. During this period, Doug Hoernle was a student at the University of Cape Town as well as a tutor imparting knowledge to matric students. Later on, Doug Hoernle went ahead to work for personalized brands in the sale of affordable wines at parties, events, anniversaries, and birthdays. Through this vigorous involvement, Hoernle found his rhythm within the City Bowl Market. Today, his industrious nature has earned him great recognition as one of the youngest millionaires in South Africa.
5. Murendwa Mmabasotho
Murendwa Mmabasotho is a 27-year-old beautiful and modest South African woman who has made her mark as a young millionaire. Precisely, she is a vibrant businesswoman and her business fortune can be attributed to the range of businesses she runs. Meanwhile, her thriving businesses are inclusive of printing and logistics. Besides, Mmabasotho is widely regarded as a restrained and modest woman whose personality commands respect.
6. Adii Pienaar
Adii Pienaar, one of the young millionaires in South Africa, maintains his wealth as the owner of Woothemes –a company that specializes in the creation of marketable plugins and themes for WordPress. Woothemes is a high-earning company established in 2007. On a yearly basis, Adii Pienaar’s earnings –as the owner of Woothemes –are estimated at $3 million. Precisely, these earnings are generated from the themes sold. Moreover, Adii Pienaar takes advantage of Woothemes to create and sell commercial themes to Tumblr and a few other platforms that specialize in content management.
Woothemes is Adii Pienaar’s major source of wealth but the young South African millionaire doubles up his wealth as the owner and originator of PublicBeta –a service system through which fortunate entrepreneurs can impart meaningful knowledge to startups.
7. Max Hussmann
Max Hussman is a South African millionaire in his early thirties. Although his birth came about in the Ghanaian capital of Accra, Max Hussman was brought up in Germany. However, he decided to establish his residence in South Africa.
He is best known as the originator of the Elegance Group. Meanwhile, Elegance Group has been taken to higher standards through vibrant subsidiaries such as aviation consulting, sport consulting, and Elegance Air. Today, Hussman’s Elegance Air is considered one of the most successful companies in South Africa’s aviation sector.
8. Vusi Thembekwayo
- Date Of Birth: 21 March 1985
Vusi Thembekwayo became Africa’s number 1 motivational speaker while he was in his teens. He is undoubtedly one of the notable and impressive motivational speakers in the world. On a yearly basis, Vusi addresses more than 250, 000 audiences across 4 continents.
Vusi rose to great stardom after having been named as Africa’s best motivational speaker at the age of 17. He became the youngest director of a specific global company at the age of 25. At the company, Vusi was part of the operations board and this made him a key member of the company. Vusi is widely observed as an inspiring speaker and his humorous nature attracts some of his numerous global audiences. 32-year-old Vusi boasts of millions of rands in his coffers and this makes him the richest youngest millionaire in South Africa.
9. Duduzane Zuma
Among the youngest millionaires in South Africa, Duduzane Zuma, is a 33-year-old successful young South African. He is widely known as a child to Jacob Zuma –the incumbent President of South Africa. Duduzane has made his mark through the ownership of Mabengela Investments. Under the influence of Mabengela Investments, Duduzane Zuma claims a total of 12.5% stake in the entire shareholding of Ayigobi Consortium. Apart from being the son of Jacob Zuma, Duduzane Zuma has carved out a desirable path for himself through reasonable investment strategies.
10. Mike Eilertsen
- Date Of Birth: 2 March 1982
Mike Eilertsen is a 35-year-old South African entrepreneur who established a media group organization known as LIVE OUT LOUD. In previous times –precisely during his teens –Mike Eilertsen served as a waiter. Considered an impressive young man, Mike Eilertsen was able to present a database on the leading businessmen in South Africa. Meanwhile, the database was composed of 100,000 contact details. In 2007, Mike Eilertsen took to the media scene and set up LIVE OUT LOUD. Actually, this establishment resulted from the decision to set up a millionaire’s magazine.
That’s all on The List of Top 10 Youngest Millionaires in South Africa.
Tags: Young South African Millionaires 2020