|Net Worth:||$36.4 Million|
|Date of Birth:||March 21, 1985|
|Place of Birth:||Benoni, Gauteng|
|Companies:||My Growth Fund and My Growth Fund Venture Partners|
|University:||Hult Business School; Wits University; University of Pretoria|
|High School||Benoni High School|
|Son:||Vusumuzi Nathaniel Thembekwayo III|
Vusi Thembekwayo’s net worth is estimated to be $36,4 million which is 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.
My Growth Fund
Vusi founded his venture capital firm, known as My Growth Fund in May 2016.
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.
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 his passion and drive he puts into his businesses.