Without any doubt, the South African politicians are very rich and they have control over the country’s economic wealth. Well, South Africa is one of the richest countries in the world with its natural resources from gold, diamonds, coal, and copper.

Surprisingly, the country itself lacks leadership and proper management skills for equality in stopping racism. In this article, we will break down all the facts with supporting evidence on the top seven richest politicians in South Africa for this year. This includes all their car collections houses and their latest network, plus we will review all their assets together with the businesses that they have in Africa.

John Steenhuisen 

John Steenhuisen still wary of PA joining multiparty pact | News24″/>

John Steenhuisen is famous for being the head leader of the D.A. political party, which stands for Democratic Alliance. The man is a capitalist person, and no one really knows much about his strategies and techniques. He likes to play his moves very cautiously. Some people didn’t know that John Steenhuisen is the richest white politician in Africa since late 2021.

Most of his fortune is believed to be made or comes from owning land and properties in KwaZulu-Natal and John’s wealth came from his family inheritance. The generational wealth he got from his family made him one of the prominent D.A. members today. At the age of 22 years, John became a counselor in the Durban North, which is a huge achievement because not all young politicians are allowed or given the opportunity to lead in Africa at a tender age. Today he is a whole leader of the D.A. and the surprising thing is that his highest qualification is grade 12 only, no degree or national diploma, nothing at all.

Well, for your information John Steenhuisen is currently worth two million dollars according to the SANotify website. His net worth in South African Rands is estimated to be around 36 million Rands. That is not so bad, hey, most of his information is kept a secret from the public and many of his personal assets such as cars houses, and businesses are removed from the internet.

Julius Malema 

Julius Malema who is the president of the Economic Freedom Fighters, better known as EFF political party is one of the most popular politicians in the world today. Malema made his name by challenging the failures of the ANC and the apartheid system including inequality. Many people didn’t know that Julius Malema is also a businessman who owns various companies across South Africa.

Surprisingly, he is also a farmer and many African people are now moving to agriculture because the food prices are going up in South Africa. Julius fell in love with farming and he’s also involved in livestock farming which is very interesting. Personally, I strongly believe that agriculture is one of the most profitable industries in the world through all major commodities.

Secondly, Malema invested in several properties in South Africa including accommodational developments since cost of living is getting more expensive people need affordable places to stay. Well, it’s not clear which or where his properties are based and how much he makes yearly on them.

 

Lastly, he invested in numerous businesses across the country including Mazimbu Investment Trust and other major companies out there. The man also runs many charity organizations and NGOs including Community forums for people to get free independent assistance. That method has helped him to generate a lot of tax-free income as he has learned from his previous mistakes in the SARS tax scandals. Well for your information Julius Malema is currently worth five million dollars this year according to Fresherslive website magazine. His five million dollars net worth equals 90 million Rands in South African currency which is not a lot but reasonable for a local politician like him.

Thabo Mbeki

Thabo Mbeki is the former president of South Africa back in the years from 1999 to the year 2008. The South African economy was very much fair and the cost of living was cheap back then when compared to this year. Thabo Mbeki’s fortune was made during the 90s after the apartheid government was defeated and he got an opportunity of getting some of the state’s wealth that was left. Many of his businesses are located within the African countries which is very smart of him. This method gave Mr. Mbeki a chance to enjoy his profits and his wealth from the companies that he owns.

Thabo Mbeki is also an industrialist who owns many metal and steel factories across Africa. On top of that is one of the shareholders of the First National Bank, which is one of the largest successful banks in Africa. Thabo Mbeki, with his wife Zanele Dlamini Mbeki, also invested in a direct access company that mainly focuses on dealing with loans and insurance. 

For your information, Thabo Mbeki is currently worth 11 million dollars this year according to the Briefly SA website. His net worth in South African currency is 198 million Rands, which is almost 200 million Rands and Mbeki shares his net worth with his wife of course since they’re married in the commitment of property.

Jacob Zuma

Jacob Zuma is the former president of South Africa from years 2008 to 2018 when he was removed as president in a form of forced to resign. According to sources, his man allegedly made his fortune from the shady corrupt underground deals he did when he introduced the group called The Guptas into South Africa. Well, Zuma got a perfect opportunity to make a lot of money from the rich Indian family by making backdoor contracts, including allegedly stealing the state’s money and resources.

The Zuma family benefited a lot from this operation and opened a lot of businesses across South Africa and the Middle East by using public funds for their personal gain. Some rumors and the media are saying that Jacob Zuma and his son Duduzane Zuma are deadly broke and their accounts have been Frozen since 2021. Duduzane Zuma mentioned that the whole family now survives on public donations from the community and other NGOs out there. Well for those who didn’t know Jacob Zuma is currently worth around 20 million dollars this year according to the Briefly SA website. In South African currency Zuma is worth somewhere around 360 million Rands in total which is a lot of money.

Herman Mashaba

 

Mashaba, who is one of the richest people in South Africa that sits at number 14 in the list. Mr. Mashaba founded his own political campaign called Action SA, which means Action South Africa uses a green color to identify itself. Herman owns a hair product company that’s called Black Like Me, which is of the best-selling hair care products.

Surprisingly he is also an investor who is a shareholder in various companies across South Africa although some of his businesses have been kept a secret from the public knowledge, surprisingly he is also an investor who is a shareholder of various companies across South Africa. Although some of his businesses are kept a secret from the public knowledge. The man is believed to own many properties in Gauteng, especially in Johannesburg. Herman Mashaba has an estimated net worth of 100 million dollars this year according to the SANotify website. Well, his net worth in South African currency is 1.8 billion Rands which is a huge number basically he’s a billionaire can you imagine? That man is one of the most underrated politicians that many South Africans don’t even know he was a former prominent member of the Democratic Alliance years back.

Tokyo Sexwale

Tokyo is a former minister of human settlement from years 2009-2013. Without any doubt, this man is one of the prominent ANC members who have an interest in businesses. Tokyo is also one of the richest people in South Africa as we speak right now sitting at number 12. He has made his fortune from heavy Industries such as oil and gas. You may be thinking of Alico Dangote’s type of gang. 

Mr. Sexwale also owns several diamond mines across Africa in countries like Namibia and Botswana out there in Africa. Well for your information Tokyo Sexwale is currently worth 200 million dollars this year according to the Business Insider website. His net worth in South African currency is 3.6 billion Rands which is not a surprise for a rich man like him who owns mineral mines and other oil Industries. The man doesn’t brag about his lifestyle and spending on luxurious things including assets like cars and houses, he honestly prefers to keep his life private and a secret from the media and the public.

Cyril Ramaphosa

 

Cyril Ramaphosa is the current president of South Africa since 2018 until today. Many people did know that this man is the second richest President in Africa today. He made his wealth back in the early 2000s when he left the ANC for a short while to pursue his dream of becoming a billionaire. Cyril Ramaphosa is also a farmer who deals with selling the most expensive livestock in the world which is the ankle cows, plus Ramaphosa is also a minor who owns several mines across Africa together with his brother-in-law Patrice Motsepe ever since.

Ramaphos is also an investor who has invested in many heavy major companies across Africa including MTN, McDonald’s, and other companies. Cyril is one of the world’s undercover trillionaires because some sources say that he also owns some oil and gas companies in Europe. Personally, I find this man very smart and very corrupt, but what can we really do about it anyway? For your information, Cyril Ramaphosa is 700 million dollars this year according to Forbes Magazine and other websites. His net worth in South African currency is 12.6 billion Rands which is a lot of money for one person.

Well, those are all the top seven richest politicians in South Africa this year who have made their wealth through thick and thin. Who is your favorite politician from this list? Leave a comment and let us know.