KwaZulu-Natal business moguls'

KwaZulu-Natal business moguls’ Shauwn Mkhize, Vivian Reddy and former President Jacob Zuma. Image Via Instagram

Billionaires’ Club: Richest KwaZulu-Natal business moguls’ net worth revealed

Billionaires Club: A look at the richest KwaZulu-Natal business moguls and their net worth. No doubt money makes money.

KwaZulu-Natal business moguls'

KwaZulu-Natal business moguls’ Shauwn Mkhize, Vivian Reddy and former President Jacob Zuma. Image Via Instagram

KwaZulu-Natal is known for its business moguls who are big spenders. No doubt they often make headlines with spending sprees.

KwaZulu-Natal is the home of several prominent figures, from politicians to business moguls, and it’s not a surprise that it boasts around with a host of millionaires and billionaires. However, these business moguls have often made Durban their playground.

Against the backdrop of their lavish lives, we have connected the dots on some of the wealthiest KwaZulu-Natal business moguls’ net worth and their sources of income.

However, some prominent figures have been excluded since there is no official information about their net worth. Let’s dive into the richest KwaZulu-Natal moguls’ net worth.

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Vivian Reddy – R1.9 billion

Edison Group CEO Vivian Reddy. Image Via Instagram

Reddy is the CEO of Edison Group. The 70-year-old businessman is considered the richest man in the KwaZulu-Natal province. He has an estimated net worth of R1.9 billion as of 2023. Recently he flexed his muscle when he built one 36 000 square foot Oceans Mall.

Former president Jacob Zuma – R349.9 million

KwaZulu Natal Bussinessmen
Former President Jacob Zuma in court. Image Via Instagram

The former President of South Africa has a whopping net worth of R349.9 million, according to ZAlebs. Many sources believe his net worth is more than that, given that his Nkandla homestead costs R246 million. Reports have it that he also has a million-rand Dubai Mansion, which is under the watch of his son Duduzane Zuma.

ALSO READ: A look into Jacob Zuma’s R246 million Nkandla homestead [pictures]

Shauwn Mkhize – R350 million

KwaZulu-Natal Businessman Shauwn Mkhize. Image Via Instagram

She has the plug and the bling too. Her lavish life has fast become a typical reality show. Shauwn Mkhize, best known as MaMkhize, has an estimated net worth of R350 million. She is best known for her R20 million mansion, best known as La Lucia. The business mogul, a reality star and actress, earns a fortune from tenders. Of interest is that she is related to ANC big wig Zweli Mkhize who once served as Minister Of Health.

Sandile Zungu – R226 million

According to Sports Brief, the Harvard Business School graduate has an estimated net worth of R226 million. However, his net worth has been controversial recently, as several sources claim he is worth a whooping R350 million.

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Moses Tembe – R100 million

Despite being known by many as the father of the late AKA’s fiancée Neli Tembe, Moses Tembe is a celebrated economist whose contribution to the nation’s economy can’t be overlooked.

Unlike other business moguls from the province, Moses keeps his private life under wraps. According to BuzzSouthAfrica, he had an estimated net worth of R100 million as of 2021.

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