Top 20 youngest millionaires in South Africa 2025 (net worths revealed)
South Africa is home to a new generation of young millionaires reshaping industries and redefining success. From self-made visionaries to rising stars in finance, media, and real estate, this article provides the top 20 youngest millionaires in South Africa and their net worths.
Source: Instagram
TABLE OF CONTENTS
- Key takeaways
- Youngest millionaires in South Africa in 2025
- 20. Max Lichaba
- 19. Priven Reddy
- 18. Bertus Albertse
- 17. Marnus Brookryk
- 16. Mandla Lamba
- 15. Mahlatse Mamaila
- 14. Margo Faith Cargo
- 13. Rapelang Rabana
- 12. Sammy Mhaule
- 11. Doug Hoernle - Between $1 and $5 million
- 10. Sandile Shezi - $2.3 million
- 9. Bernard Parker - $5 million
- 8. DJ Zinhle - $5 million
- 7. Adii Pienaar - $5 million
- 6. Ludwick Marishane - Between $10 and $50 million
- 5. Khanyi Mbau - $10 million
- 4. Duduzane Zuma - $15 million
- 3. Cassper Nyovest - $15 million
- 2. Mike Eilertsen - $21.2 million
- 1. Vusi Thembekwayo - $35-40 million
- Recap of the youngest millionaires in South Africa in 2025
- Who are the youngest rich people in Africa?
- How many millionaires are there in South Africa?
- Who is the youngest kid millionaire?
- Who are the richest families in South Africa?
- Who is the richest kid in South Africa?
- Who is the richest teenager in South Africa?
Key takeaways
- South Africa’s youngest millionaires have built wealth through technology, real estate, finance, and entertainment.
- Vusi Thembekwayo and Mike Eilertsen are among the wealthiest youngest South African millionaires.
- Many of these millionaires continue to expand their wealth through smart investments and leveraging technology.
Youngest millionaires in South Africa in 2025
South Africa is home to about 37,800 dollar millionaires, per Business Tech report. Among them are some young people with inspiring achievements.
Determining the richest South African youngsters involved analysing and comparing their net worth. We used data from Business Tech, Forbes and other credible sources to compile this list by analyzing their assets, investments, and financial holdings.
| Rank | Name | Net worth |
| 1 | Vusi Thembekwayo | $35-$40 million |
| 2 | Mike Eilertsen | $21.2 million |
| 3 | Cassper Nyovest | $15 million |
| 4 | Duduzane Zuma | $15 million |
| 5 | Khayi Mbau | $10 million |
| 6 | Ludwick Marishane | $10-$50 million |
| 7 | Adii Pienaar | $5 million |
| 8 | DJ Zinhle | $5 million |
| 9 | Bernard Parker | $5 million |
| 10 | Sandile Shezi | $2.3 million |
| 11 | Doug Hoernle | $1-$1.5 million |
| 12 | Murendwa Mmabasotho Mukwevho | $1 million |
| 13 | Rapelang Rabana | Undisclosed |
| 14 | Margo Faith Cargo | Undisclosed |
| 15 | Mahlatse Mamaila | Undisclosed |
| 16 | Mandla Lamba | Undisclosed |
| 17 | Marnus Brookryk | Undisclosed |
| 18 | Bertus Albertse | Undisclosed |
| 19 | Priven Reddy | Undisclosed |
| 20 | Max Lichaba | Undisclosed |
South African entrepreneur and author Vusi Thembekwayo tops the list with an estimated net worth of $35-$40 million. Discover more about the top 20 youngest millionaires in South Africa and their sources of wealth.
20. Max Lichaba
Source: Instagram
- Year of birth: 1981
- Age: 44 years old (as of 2025)
- Net worth: Not disclosed
- Source of wealth: Jewelry design
Max Lichaba is a South African entrepreneur renowned for his success in the jewellery industry and various other business ventures. In 2018, his jewellery business reported a turnover of R120 million ($6.5 million).
As of 2022, Max Lichaba's net worth was estimated to be over R50 million ($2.7 million). His net worth is not disclosed as of 2025.
19. Priven Reddy
Source: Instagram
- Year of birth: August 6, 1982
- Age: 42 years old (as of 2025)
- Net worth: Not disclosed
- Source of wealth: Entrepreneur in technology and aerospace
Priven Reddy is a South African tech entrepreneur renowned for his transformative journey from humble beginnings to significant business success. In 2006, Reddy co-founded Kagiso Interactive Media, a mobile app development company that has garnered multiple awards under his leadership.
A 2019 report estimated his net worth at R4 billion. However, in 2021, an article suggested he is $55 billion rich. Another source from 2024 estimated his wealth at $250 million.
18. Bertus Albertse
Source: UGC
- Year of birth: 1988
- Age: 37 years old (as of 2025)
- Net worth: Not disclosed
- Source of wealth: Entrepreneur and fitness enthusiast
Bertus Albertse is a South African entrepreneur and fitness enthusiast, best known for founding Body20, a fitness franchise that utilizes Electro Muscle Stimulation (EMS) technology.
According to his LinkedIn profile, Albertse has vast experience, working as a director or CEO of multiple organisations, including Footys, Lekker Vegan, Jabz Boxing, and JETSET Pilates.
17. Marnus Brookryk
Source: Instagram
- Year of birth: 1986
- Age: 39 years old (as of 2025)
- Net worth: Not available
- Source of wealth: Entrepreneur, author, and investor.
Marnus Broodryk is a South African entrepreneur, author, and investor, renowned for his contributions to small and medium-sized enterprises (SMEs). Broodryk's net worth in 2025 remains undisclosed, but his financial achievements are notable. He became a self-made millionaire by the age of 24.
16. Mandla Lamba
Source: Instagram
- Year of birth: 1984
- Age: 41 years old (as of 2025)
- Net worth: Undisclosed
- Source of wealth: Entrepreneur known for his controversial business ventures
Mandla Lamba is a South African entrepreneur known for his controversial business ventures and legal issues. In 2010, he gained attention by claiming to be South Africa's youngest billionaire with interests in mining.
In 2022, Lamba claimed significant valuations for Agilitee and his net worth, positioning himself as Africa's second-richest individual. According to the Star, Mandla owned 77.5 per cent of Agilitee, valued at $15.5 billion. However, his net worth in 2025 remains unknown.
15. Mahlatse Mamaila
Source: Instagram
- Year of birth: 1980s
- Age: 30s (as of 2025)
- Net worth: Undisclosed
- Source of wealth: Founder of INO-Biodiesel
Mahlatse Mamaila is a South African entrepreneur and founder of INO Biodiesel, a company converting waste cooking oil into biodiesel. Established in 2021, INO Biodiesel produces approximately 40,000 litres of biodiesel monthly, supplying sectors such as construction and mining.
Mamaila's income primarily stems from her entrepreneurial activities in the renewable energy sector.
14. Margo Faith Cargo
Source: Instagram
- Year of birth: June 14, 1993
- Age: 31 years old (as of 2025)
- Net worth: Undisclosed
- Source of wealth: Founder of Margo Fargo International
Margo Faith Fargo is a South African model, entrepreneur, and environmental sustainability advocate. She founded two start-up companies under Margo Fargo International (Far_Go Straws and Grinda Coffee).
Crowned Miss Earth South Africa in 2018, Fargo utilizes her platform to promote sustainable practices within the fashion industry. She has earned millions through her entrepreneurial ventures and modelling career.
13. Rapelang Rabana
Source: Instagram
- Year of birth: November 5, 1983
- Age: 41 years old (as of 2025)
- Net worth: Not available
- Source of wealth: Computer scientist
Rapelang Rabana is a South African entrepreneur and computer scientist. According to her LinkedIn profile, she is the co-founder of Yeigo Communications (2006), South Africa’s first free VoIP mobile services provider, later acquired by a Swiss telecommunications company.
Rabana's wealth comes from her successful telecommunications, education technology, and consulting business ventures.
12. Sammy Mhaule
Source: UGC
- Year of birth: 1990
- Age: 35 years (as of 2025)
- Net worth: $1 million
- Source of wealth: Founder and CEO of Kicks Sportswear
Sammy Mhaule is a South African entrepreneur and business leader. His wealth primarily stems from his successful ventures in the beverage and sportswear industries, and his ongoing contributions to entrepreneurial development in South Africa.
11. Doug Hoernle - Between $1 and $5 million
- Full name: Douglas Hoernle
- Year of birth: 1990
- Age: 35 years (as of 2025)
- Net worth: Between $1 and $5M
- Source of wealth: Entrepreneurship
Doug Hoernle is an experienced entrepreneur whose niche is in education technology. According to his LinkedIn profile, he founded many innovative technologies and is the founder and chief executive officer of Karri Payments.
He started his first business at the age of sixteen. Although his exact net worth is yet to be established, he is one of the youngest millionaires, with a net worth of between $1 and $5 million.
10. Sandile Shezi - $2.3 million
Source: Instagram
- Year of birth: 1993
- Age: 32 years (as of 2025)
- Net worth: $2.3 million
- Source of wealth: Forex trading
Sandile Shezi, a forex trader, is one of the self-made millionaires in South Africa. He sold muffins in school and used the proceeds to start forex trading. Shezi also traded with his school fees, something young people are not encouraged to do.
9. Bernard Parker - $5 million
Source: UGC
- Date of birth: 16th March 1986
- Age: 39 years (as of 2025)
- Net worth: $5 million
- Source of wealth: Soccer career
Bernard Parker is a talented soccer player with an estimated net worth of $5 million. He is best known as a striker and midfielder for multiple clubs, including the Kaizer Chiefs. He played for his home country at the 2010 FIFA World Cup.
8. DJ Zinhle - $5 million
Source: UGC
- Full name: Ntombezinhle Jiyane
- Date of birth: 30th December 1983
- Age: 41 years (as of 2025)
- Net worth: $5 million
- Source of wealth: DJ career
DJ Zinhle is among the wealthiest female disc jockeys in South Africa with an estimated net worth of 5 million. She started her career in 2004 when she was about 21 years old. DJ Zinhle got her big break as a resident DJ on Jika Majika, a youth dance show on SABC 1.
7. Adii Pienaar - $5 million
Source: Instagram
- Year of birth: 1987
- Age: 38 years (as of 2024)
- Net worth: $5 million
- Source of wealth: Entrepreneurship
Adii Pienaar is the founder and Chief Executive Officer of Cogsy, per his Linkedln profile. He also co-founded WooCommerce, an e-commerce site, before selling it, and founded PublicBeta in 2013.
6. Ludwick Marishane - Between $10 and $50 million
Source: Instagram
- Year of birth: 1991
- Age: 34 years (as of 2025)
- Net worth: Between $10 and $50 million
- Source of wealth: Business scientist and entrepreneurial inventor
Ludwick Marishane is one of the top 10 millionaires in South Africa. The self-made millionaire has a net worth of between $10 and $50M.
He is the managing director of Headboy, a firm dealing with product development. The business scientist and entrepreneurial inventor is best known for inventing DryBath.
5. Khanyi Mbau - $10 million
Source: UGC
- Full name: Khanyisile Mbau
- Date of birth: 15th October 1985
- Age: 39 years (as of 2025)
- Net worth: $10 million
- Source of wealth: Acting, television hosting, and artistry
Khanyi Mbau is the richest young woman in South Africa on the list. She is a famous actress, media personality, and artist with a net worth of $10 million.
She landed her first acting gig at eight and is now a household name in South African mainstream and social media.
4. Duduzane Zuma - $15 million
Source: UGC
- Date of birth: 20th May 1982
- Age: 42 years (as of 2025)
- Net worth: $15 million
- Sources of wealth: Business investments
Duduzane Zuma is the son of the former South African president, Jacob Zuma. Although he comes from an affluent family, he made money from his multiple investments.
3. Cassper Nyovest - $15 million
Source: UGC
- Full name: Refiloe Maele Phoolo
- Date of birth: 16th December 1990
- Age: 34 years (as of 2025)
- Net worth: $15 million
- Source of wealth: Music career
Refiloe Maele Phoolo, alias Cassper Nyovest, is a successful musician with a net worth of $15 million. He started rapping at 12 and is now one of the household names in the South African music industry.
2. Mike Eilertsen - $21.2 million
- Date of birth: 1982
- Age: 43 years (as of 2025)
- Net worth: 21.2 million dollars
- Source of wealth: Entrepreneurship
Mike Eilertsen founded a media group known as LIVE OUT LOUD. He also started a database of South Africa’s leading businessmen at a young age. His estimated net worth is 21.2 million dollars.
1. Vusi Thembekwayo - $35-40 million
Source: UGC
- Date of birth: 21st March 1985
- Age: 40 years (as of 2025)
- Net worth: $35-40 million
- Source of wealth: Entrepreneurship
Vusi Thembekwayo is the richest young man on the list, but still not among the wealthiest in South Africa. He is an entrepreneur best known for his masterclasses. Thembekwayo founded My Growth Fund and has made various investments, including real estate.
Recap of the youngest millionaires in South Africa in 2025
Source: UGC
Who are the youngest rich people in Africa?
Some of the youngest rich people in Africa are Vusi Thembekwayo, Mike Eilertsen, Cassper Nyovest, Duduzane Zuma, and Khanyi Mbau, Max Hussman.
Others are Rupert Bryan, Mboswobeni Muluguna, Vuyisa Mqokiyana, David Phume, Laduma Ngxokolo, and Luthando Tshangana.
How many millionaires are there in South Africa?
Data from the Africa Wealth Report by Henley & Partners indicates that South Africa has the most millionaires among African countries (37,400 millionaires as of 2024). Egypt is second with 15,600 while Nigeria comes third with 8,200 millionaires.
Who is the youngest kid millionaire?
Some of the kid millionaires you should know are Andy Fang, Gustav Magnar Witzoe, Ryan Breslow, Katharina Andresen, and Henrique Dubugras.
Who are the richest families in South Africa?
The richest families in SA include the Johann Rupert, Nicky Oppenheimer, Christoffel Wiese, Patrice Motsepe, and Koos Bekker families.
Who is the richest kid in South Africa?
Although the wealthiest kids in SA remain unknown, some acquired wealth from their parents or grandparents. Adults who made millions in their childhood and early adulthood are Vusi Thembekwayo, Mike Eilertsen, Cassper Nyovest, Duduzane Zuma, and Khanyi Mbau.
Who is the richest teenager in South Africa?
Details of the wealthiest SA teenager remain undisclosed. However, sources believe Sandile Shezi was once among the youngest teenagers. He made money from forex trading.
The youngest millionaires in South Africa started their careers when they were young. They have invested plenty of time and worked on their skills and abilities to become the affluent people they are today.
Briefly.co.za recently published a list of the water parks in Gauteng with the most thrilling experiences. Did you know Gauteng is the smallest of the nine provinces in South Africa?
Gauteng is situated on the Highveld and is home to more than a quarter of South Africa's population. The province is highly urbanised and constitutes Johannesburg, Sandton, Midrand, Vanderbijlpark, and Pretoria.
Source: Briefly News
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