South Africa’s Young Millionaires: The Rising Stars of 2025
South Africa is witnessing a new wave of young millionaires who are reshaping industries and redefining success. From self-made entrepreneurs to influential figures in finance, media, and real estate, these individuals have built impressive wealth at a young age. This article highlights the top 20 youngest millionaires in South Africa and their estimated net worths.
Youngest Millionaires in South Africa (2025)
According to a BusinessTech report, South Africa is home to approximately 37,800 dollar millionaires. Among them are young achievers who have amassed significant wealth through entrepreneurship, entertainment, and strategic investments. This ranking is based on data from BusinessTech, Forbes, and other credible sources, analyzing their assets, investments, and financial holdings.
Leading the list is entrepreneur and author Vusi Thembekwayo, with an estimated net worth of $35–$40 million. Here’s a closer look at the top 20 youngest millionaires in South Africa and their sources of wealth:
Top 20 Youngest Millionaires in South Africa (2025)
| 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 | Khanyi 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 |
FAQs About South Africa’s Wealthiest Young Entrepreneurs
Who are the youngest rich people in Africa?
Some of the youngest wealthy individuals in Africa include Vusi Thembekwayo, Mike Eilertsen, Cassper Nyovest, Duduzane Zuma, and Khanyi Mbau. Other notable names are Max Hussman, Rupert Bryan, Mboswobeni Muluguna, Vuyisa Mqokiyana, David Phume, Laduma Ngxokolo, and Luthando Tshangana.
How many millionaires are there in South Africa?
According to the Africa Wealth Report by Henley & Partners, South Africa has the highest number of millionaires in Africa, with 37,400 dollar millionaires as of 2024. Egypt follows with 15,600, while Nigeria ranks third with 8,200 millionaires.
Who is the richest kid in South Africa?
While the wealthiest children in South Africa remain undisclosed, some have inherited wealth from their families. However, several young millionaires, such as Vusi Thembekwayo, Mike Eilertsen, Cassper Nyovest, Duduzane Zuma, and Khanyi Mbau, built their fortunes early in life.
Who is the richest teenager in South Africa?
There are no confirmed reports on the wealthiest teenager in South Africa. However, Sandile Shezi is often mentioned as one of the youngest individuals to achieve significant financial success through forex trading.
The Journey to Success
Many of South Africa’s youngest millionaires started their careers early, investing time and effort into building their skills and businesses. Their journeys serve as inspiration for aspiring entrepreneurs looking to make their mark in various industries.
Source: Briefly News