Top 10 Richest Kids In South Africa (2024) Youngest Millionaires

The wealthiest kids in South Africa have proved that anyone can become wealthy in this current generation, as various means and strategies can be exploited to grow in wealth. And while there are rich kids who grew on the strength of their parent’s assets, some were able to do well by utilizing their talents and skills.

The list of the richest kids in South Africa includes Vusi Thembekayo, Adii Pienaar, Duduzane Zuma, Mike Eilertsen, Sandile Shezi, Rupert Bryan, Doug Hoernle, Murendwa Mmabasotho Mukwevho, Max Hussman, and Ludwick Marishane.

Top 10 Richest Kids In South Africa

1. Vusi Thembekayo

Let’s start the discourse of the richest kids in South Africa with Vusi Thembekayo. You know the man most likely as an outstanding motivational speaker who has a reputation. However, what you might not be aware of before now is that when he was a very young teenager, he was already doing great things, particularly utilizing his talents and passion for motivational speaking.

When he was in his early twenties, he was not only speaking in different parts of the world but was even serving on the operations board of a multinational and was earning good money. Vusi being a young rich individual didn’t come simply as a result of being passed an inheritance, but he worked hard to be here.

2. Adii Pienaar

Adii Pienaar is a South African entrepreneur and tech innovator known for his significant contributions to the world of online business and e-commerce. He can be placed on this list since he was able to make a whole lot of money even as a youngster. Pienaar rose to prominence as the co-founder of WooThemes, a WordPress theme and plugin company, in 2008 that generated over $3 million in annual revenues from selling its themes.

Under his leadership, WooThemes became a major player in the WordPress ecosystem, offering a wide range of themes and plugins used by millions of websites. He took his entrepreneurial journey a step further by founding Conversio, an email marketing and customer feedback platform. Conversio empowered e-commerce businesses to engage with their customers effectively and increase sales through targeted email campaigns. He also founded PublicBeta – a service that provides great entrepreneurs a medium to transfer their knowledge to new firms.

3. Duduzane Zuma

Duduzane Zuma is a prominent South African businessman and the son of Jacob Zuma, the former President of South Africa. This should give you already good reasons why he is here – as he has been a prominent figure in both the business and political spheres.

He gained recognition for his involvement in various business ventures, particularly in the mining industry. Duduzane’s business interests include companies like Mabengela Investments and Westdawn Investments. Some years ago, he announced his entry into politics, stating his intention to join the African National Congress (ANC). While different people have different opinions about him, he has been placed here because he is one of the richest young people here.

4. Mike Eilertsen

Mike Eilertsen is an impressive rich kid in South Africa who started from scratch. A few years ago, he was a younger waiter, but he rode on the back of entrepreneurship to become one of the wealthiest kids in South Africa.

With a career spanning several industries, he has made a lasting impact. His story seems to take a powerful turn with the establishment of “Live Out Loud,” a successful events and marketing company. His ability to connect with audiences and create memorable experiences contributed to the company’s rapid growth. Eilertsen’s entrepreneurial spirit didn’t stop there. He ventured into the tech sector, founding “i-CAN”, focusing on software development and digital marketing. This endeavour showcased his adaptability and forward-thinking approach to business.

5. Sandile Shezi

Sandile Shezi is a young entrepreneur and forex trader who gained international recognition for his remarkable journey in the financial world. Born in Durban, he became an inspiration not only to young people in the country but also in the circle of businessmen. He is one of the richest kids in South Africa.

At a very tender age, he made headlines by becoming one of the youngest self-made millionaires in the country. His journey began when he used his tuition fee to invest in the foreign exchange market (forex). Despite facing scepticism and criticism, he turned his initial investment into a thriving trading career. His success wasn’t just about financial gains; it symbolized determination, risk-taking, and the pursuit of one’s dreams.

Sandile Shezi also co-founded the Global Forex Institute, aiming to provide accessible forex education to South Africans. This initiative sought to empower individuals with financial knowledge and open doors to new opportunities.

6. Rupert Bryan

Some parents will want their children to imitate Rupert in terms of his financial life. As young as 14, he was already operating his web-developing firm. Now, he has grown to be around the corridor of power at the ISP Web Africa.

One of the most interesting things about this young chap was how he was able to think in terms of scaling what he was doing by partnering with a like-minded friend of his. He was able to identify what he wanted to do from a young age, and he was after it without distractions unnecessarily. Now, he is very rich and doing well too.

7. Doug Hoernle

Doug Hoernle is a remarkable entrepreneur known for his innovative ventures and dedication to social causes. He began his journey in the business world at a young age, showing an early aptitude for innovation. As a young teenager while still a student at Cape Town University, the young chap took a bold step to open a tutoring business for matric students. Moving forward, he would eventually co-founde Rethink Education, an online platform that provides affordable, quality education to underserved communities, reflecting his commitment to accessible learning.

He also got himself involved in selling inexpensive wines bearing personalized labels for occasions, and his entrepreneurial spirit led him to establish multiple successful companies too. His ventures have consistently demonstrated his ability to identify market gaps and create solutions that benefit consumers and industries alike.

While we can’t ignore the fact that there are several rich young people in the country whose money is without real impact on society, Doug Hoernle is not in that league. His dedication to making education and opportunities accessible to all sets him apart as a visionary leader who uses his success for the greater good.

8. Murendwa Mmabasotho Mukwevho

Murendwa Mmabasotho Mukwevho may not be as famous as some others yet, but she sure has a bright future ahead, although she is already doing great stuff now that made her a multimillionaire who can boast of multiple businesses.

She is a bold woman who has invested in different things and sectors but still with a reputation for being a humble person despite her wealth.

9. Max Hussman

Max Hussman is a notable addition to South Africa’s list of wealthy young folks, for good reasons too. As the founder of Elegance Group, he has not only established a successful business empire but has also ventured into the aviation sector through Elegance Air, sports, and aviation consulting.

Max is unique at different points. He had his origins in Accra in Ghana and also had his upbringing in Germany in faraway Europe. However, the man decided to make South Africa his home base, which explains why he was here. Going back to his company, we should note that under his leadership, the Group has flourished, solidifying its position as a formidable player in the aviation industry.

This success has significantly contributed to his status. His journey from different parts of the world showcases the global reach of his business endeavours and underscores his entrepreneurial prowess. Finally, his story serves as a testament to the opportunities and successes achievable through dedication in the dynamic world of business.

10. Ludwick Marishane

Ludwick Marishane is a brilliant entrepreneur and inventor, best known for creating the revolutionary product called “DryBath.” Born in Limpopo, his innovative thinking has made a significant impact on hygiene and sanitation in areas with limited access to water. Ludwick is one of the richest kids in South Africa.

Going back to history, some years ago, he was inspired by a friend’s reluctance to bathe on a cold winter’s day, and he developed DryBath as a result of that. It is a waterless bathing gel that cleanses and moisturizes the skin without the need for water. This invention has been a game-changer for communities facing water scarcity issues, as it conserves this precious resource.

Marishane’s dedication to improving hygiene and accessibility earned him numerous accolades and awards, including the Google Zeitgeist Young Minds Award in 2011. His journey also led to him becoming the youngest person in South Africa to file for a patent at the age of 17. He is not just a rich guy, but also an inspiring figure, advocating for innovation, entrepreneurship, and social responsibility.

Related:

• Top 20 Richest People In South Africa
• Top 10 Richest Forex Traders In South Africa
• Top 10 Richest Actors in South Africa
• Top 10 Richest Lawyers In South Africa
• Top 10 Richest Cities In South Africa

Closing

Highlighted above are the richest kids in South Africa who accumulated their wealth at a young age and are doing well in their ways. While a little motivation can be beneficial, it is certainly counterproductive to put too much pressure on young kids just because you want them to excel. Remember that talents must be nurtured and developed and that as a parent it is your duty to offer guidance to your children so that they can realize their potentials. Who knows, we may be celebrating your son or daughter very soon as the youngest millionaires in South Africa.