Sisa Ngebulana's biography: wife, net worth, and more
Sisa Ngebulana is a successful South African businessman who came from humble beginnings and became one of the country's most successful entrepreneurs. How did Sisa succeed in business, and what is his net worth? Here, we discuss the wealthy entrepreneur's professional endeavours and personal life behind his massive commercial success.
Source: UGC
TABLE OF CONTENTS
Dr Sisa Ngebulana is the founder and CEO of Billion Group and Rebosis Property Fund Ltd, just some of his impressive professional titles. His entrepreneurship skills have led him to connect and network with the elite in the world.
Sisa Ngebulana's bio and profile summary
| Full name | Sisa Michael Ngebulana |
| Date of birth | 1966 (date and month unknown) |
| Age | 58 years old in 2024 |
| Birthplace | Mthatha, Eastern Cape, South Africa |
| Romantic orientation | Heterosexual |
| Current nationality | South African |
| Marital status | Married to Ayanda Zulu (2019) |
| Ethnicity | Black |
| Gender | Male |
| Eye colour | Dark brown |
| Children | Two children |
| Profession | Entrepreneur, investor, and CEO |
| Education | The University of NatalThe University of Fort HareRands Afrikaans University |
| Net worth | R400 million |
| Social media profiles | X (Twitter) (unconfirmed) |
Sisa Ngebulana’s age
Sisa's birthdate and month remain unknown. However, The Report stated that the entrepreneur was born in 1966, making him 58 in 2024.
Sisa Ngebulana's education
Sisa has attended the former University of Natal, the University of Fort Hare, and the (former) Rands Afrikaans University. The same Entrepreneur article referenced above mentions how Sisa's grandmother had saved and sacrificed for each of her five grandchildren, including Sisa, to attend a year of university education.
They were to use that year to earn high enough marks to secure a bursary for the rest of their schooling, and Sisa used this as fuel to graduate with top marks.
Source: Original
Sisa Ngebulana's family
Much about the entrepreneur's life remains under wraps, including details of his parents. Entrepreneur reported that Sisa was raised by his grandparents in the small village of Mthatha after his father died in a trucking accident in 1973.
He allegedly spent much of his time growing up working behind the counter of his grandfather's dealership in a small village, which is likely what drove him to obtain his awe-inspiring work ethic.
How many children does Sisa Ngebulana have?
According to Pindula News, Sisa shares two children with his ex-wife, Refiloe. His son, Sisa Ngebulana Junior, is reported as a race car driver. Information on his children is otherwise limited, and there are no further reports on his alleged ex-wife.
Sisa Ngebulana’s wedding and wife
Sisa Ngebulana wedded his wife, Pietermaritzburg-born Ayanda Ngebulana, in 2019. In 2023, the couple had a 'white wedding' in Paris, while their 2019 wedding was a traditional one. Their Paris wedding was an elaborate affair, with flamboyant outfits and a high-profile guest list.
Source: Instagram
What does Sisa Ngebulana do?
According to Sisa's Billion Group biography online, he is an entrepreneur who founded the Billion Group in 1998 and Rebosis Property Fund Ltd. in 2010. The Billion Group is an award-winning property development and investment company, and Rebosis Property Fund Ltd. is a JSE-listed real estate investment trust (REIT) with a diverse portfolio across commercial and retail assets.
Sisa was the president of the South African Council of Shopping Centres (SACSC) and has been a director of the Attfund group, Truworths International and the Construction Industry Development Board (CIDB).
The entrepreneur also developed various regional shopping malls in South Africa. Some of Sisa Ngebulana’s malls include Abacus Bay West City, Forrest Hill City, Hemingways Mall, BT Ngebs City, and Mdantsane City.
The businessman's professional success does not stop at entrepreneurial moves. Sisa is also an admitted attorney of the High Court of South Africa and practised with Jan S de Villiers Attorneys in commercial litigation. He then joined Eskom for seven years, serving as legal counsel specializing in property and finance.
Source: UGC
Awards
The public figure's professional achievements have earned him various local and international accolades. Some of his awards include:
- The Entrepreneur of the Year Award (2006 — SA)
- Property Developer of the Year Award (2009 — SA)
- Pioneer Award (2014 — SA)
- African Business Excellence Award (2014 — UK House of Lords)
- Global Leadership Excellence Award (2016 — Global Leadership Congress)
What happened to Sisa Ngebulana?
In October 2021, news broke that Sisa Ngebulana will be retiring as the CEO of Rebosis Property Fund. According to Moneyweb, the company said in a Sens statement:
'Following the announcement of the R6. 3 billion sale of 32 office assets that will restructure Rebosis' balance sheet to an acceptable loan-to-value (LTV) level of 42%, Dr Sisa Ngebulana has decided to step down and retire as CEO and from the board with effect from 01 December 2021.'
How much is Sisa Ngebulana worth?
An authority source has not confirmed Sisa Ngebulana’s net worth. However, most online sources, including Hostziza and SME South Africa, report the value as R400 million.
Sisa Ngebulana’s contact details
The businessman's personal contact details have not been reported on. You can contact him through his company, Billion Group, at either info@billiongroup.co.za or 011 511 5335.
Sisa Ngebulana may have come from humble beginnings in a small village with limited funding. He worked his way to the top and, thanks to the sacrifices of his grandparents, got his foot in the door of success through quality education. Sisa's determination helped him become one of South Africa's most successful entrepreneurs.
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Ruth Gitonga (Lifestyle writer) Ruth Gitonga has a background experience in Mass Communication for over six years. She graduated from the University of Nairobi with a degree in Mass Communication in December 2014. In 2023, Ruth finished the AFP course on Digital Investigation Techniques. She has worked for Briefly.co.za for five years now. She specializes in topics like lifestyle, entertainment, travel, technology, and sports. Email: gitongaruth14@gmail.com.
Justine De Lange (Lifestyle writer) Justine De Lange has over 6 years of experience in lifestyle, corporate and freelance writing. She started at Now Media for their lifestyle publication 'Let's Go', then joined 'travSIM' and 'Metavaro'. She now writes for Briefly News as a content writer, working with beats such as studies, services, business tips, and celebrity biographies (joined in 2022). In 2023, Justine finished the AFP course on Digital Investigation Techniques. You can contact her directly via JustinedeLange14@gmail.com.
