|Date of Birth:
|March 21, 1985
|Place of Birth:
|My Growth Fund and My Growth Fund Venture Partners
|Hult Business School; Wits University; University of Pretoria
|Benoni High School
|Vusumuzi Nathaniel Thembekwayo III
Vusi Thembekwayo’s net worth is estimated to be $36,4 million, approximately R530 million.
Vusi Thembekwayo is one of South Africa’s richest self-made millionaires at his age. Here’s an in-depth analysis of how Vusi Thembekwayo accumulated his wealth over the past two decades.
Although, having built an empire using just his name, his voice has echoed through the walls of many different industries that might surprise you.
In recent years, Vusi has been invited to speak at 21 global cities about thought-provoking topics that have inspired thousands.
Vusi Thembekwayo’s net worth
Vusi has also motivated millions of South Africans through his videos online and his engagement with young entrepreneurs through his masterclasses.
Although, this is a mutual benefit as he earns thousands through his monetized social media channels in which he gains a lot of exposure and revenue.
He uses this revenue to put back into his media to funnel more success through advertising and purchasing better equipment.
In addition, Vusi acquired camera equipment worth close to R100 thousand rand in 2019.
Indeed, Vusi is using YouTube and other social media channels to try and take his message nationwide and reach individuals all across the globe, which will inevitably help him increase his opportunities internationally.
Vusi’s net worth comes through different investment channels some are public such as My Growth Fund, however, others are private such as investing in real estate and other diversified investments.
One of Vusi’s largest contributor to his wealth was selling his majority share of his advisory firm which he was known as Motiv8.
During a turbulent economic period, an American company offered him an amount he was willing to let the advisory go.
Is Vusi Thembekwayo a billionaire?
The short answer, No. Vusi Thembekwayo is not a billionaire as yet in South African Rands or the United States Dollar.
However, his wealth over the years has been growing at an exponential rate which could mean him becoming a billionaire soon.
Vusi definitely has the character of a billionaire and as a venture capitalist, he has the vision to become one. More capital means helping more businesses in Africa and that means a lot to Vusi Thembekwayo’s mission.
How did Vusi Thembekwayo make his money?
Vusi Thembekwayo made his fortune in many ways, one of which you know is public speaking. He gets paid to speak at companies and events all over the globe.
Through a MasterClass, he said that they only accept 100 invitations annually, valued at R100 thousand per event, which is R1.2 million calculated collectively.
However, don’t forget the royalties from his South African best-selling books.
In the early years, he had roles as a presenter and host in popular tv shows from South Africa which gave him the exposure and reputation he needed.
Currently, we see him investing in many emerging businesses in Africa using his VC firm, My Growth Fund.
However, we will never know every method Vusi uses to generate his personal wealth, however, we do know that the man is a genius.
Nonetheless, he is a self-made millionaire and strives towards helping others build their own personal wealth.
Royalties from books
Recently, Vusi has written two books and is a South African best-selling author. The emerging author sold an estimated 52 thousand copies of his books combined. This includes the books, Vusi and The Magna Carta of Exponentiality.
Also, featuring in books such as “And for all these reasons…I’m in”.
Lebo Gunguluza wrote the book about Dragon Den SA, a popular TV show to pitch your business.
Severus was founded in South Africa to help accelerate global crypto adoption by providing a secure, integrated blockchain experience with the same level of security as a AAA bank account coupled with the intelligence and innovation of a bleeding-edge Fintech.
SquaredFinancial combines financial market expertise with dedicated customer support and gives you a flexible technology-backed solution that works for first-time traders to professional investors.
The Innovation Village
The Innovation Village is a destination where the 97 who never take the trophy home come to transform their ideas into solutions to the world’s most pressing challenges. We create an environment where start-ups grow in confidence and capability scaling from promising tech into fully established sustainable businesses.
Silicon Cape is an NPO and an ecosystem enabler for tech-enabled startups in the broader Cape Region of South Africa. We work to connect stakeholders, curate ecosystem data, amplify the stories coming out of the ecosystem and advocate on behalf of stakeholders through our membership program.
Mount Fletcher Capital SPV
MyGrowthFund Venture Partners DXB, Mount Fletcher is a debt fund aimed at providing African entrepreneurs with attractive lending rates to fund their short-term working capital requirements.
Watermark Afrika Fund Managers
Watermark Afrika is a pre-eminent provider of not only capital solutions but also in-country partner matching solutions for global investors and multinationals.
Fintech Afrika Fund
Vuka Fund brings together powerful business insights and lucrative investment opportunities in a single vehicle to make a real difference in the SME landscape of Sub-Saharan Africa. Africa’s development challenges require countries to catalyze private enterprise and encourage entrepreneurship. And Africa’s entrepreneurs need access to capital, markets, and mentorship.
MyGrowthFund Venture Partner
Vusi founded his venture capital firm, known as My Growth Fund in May 2016.
MyGrowthFund Venture Partners is a leading venture firm, winner of the Best Impact Investment Firm 2020 & 2021- Africa at the Worldwide Finance Awards in London, UK.
As the only director of the company, Vusi practices what he preaches by demonstrating the work he has put into his company through the results.
Vusi has worked hard and it’s also good to see South Africans that are changing the status quo and sharing their message.
Equally important, Vusi teaches many entrepreneurs across Africa to make the right choices when starting up a business.
In addition, his venture capital firm enables him to invest in other profitable opportunities all across Africa.
During a 2020 interview, Vusi said his VC firm helps companies with an annual turnover of at least R4 million.
They proudly associated with the pre-eminent pan-African private equity firm EXEO Capital, managing in excess of USD $200mln in AUM.
Vusi Thembekwayo is an entrepreneur, author, venture capitalist, and public speaker. He has millions of people that follow his voice all across the continent.
Furthermore, his businesses are investing in the lives of new entrepreneurs to bring about change in the economic sector.
Vusi Thembekwayo’s net worth of $36,4 million dollars reflects the passion and drive he puts into his businesses.