South Africa is home to a new generation of young millionaires reshaping industries and redefining success.
Among them are some young people with inspiring achievements.
Determining the richest South African youngsters involved analysing and comparing their net worth.
Youngest millionaires in South Africa. Photo: @vusithembekwayo, @djzinhle, @casspernyovest (modified by author)Source: Instagram
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Discover more about the top 20 youngest millionaires in South Africa and their sources of wealth.
In 2018, his jewellery business reported a turnover of R120 million ($6.5 million).
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His net worth is not disclosed as of 2025.
A 2019 report estimated his net worth at R4 billion.
However, in 2021, an article suggested he is $55 billion rich.
South African entrepreneur, Max Lichaba. Photo: @lichabamax (modified by author)Source: Instagram
Another source from 2024 estimated his wealth at $250 million.
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Broodryk’s net worth in 2025 remains undisclosed, but his financial achievements are notable.
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He became a self-made millionaire by the age of 24.
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Mandla Lamba
Mandla Lamba is a South African entrepreneur known for his controversial business ventures and legal issues.
Priven Reddy is the co-founder of Kagiso Interactive Media. Photo: @privenreddy (modified by author)Source: Instagram
In 2010, he gained attention by claiming to be South Africa’s youngest billionaire with interests in mining.
According tothe Star, Mandla owned 77.5 per cent of Agilitee, valued at $15.5 billion.
However, his net worth in 2025 remains unknown.
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Mamaila’s income primarily stems from her entrepreneurial activities in the renewable energy sector.
Margo Faith Cargo
Margo Faith Fargo is a South African model, entrepreneur, and environmental sustainability advocate.
South African fitness enthusiast, Bertus Albertse. Photo: @bertus_albertse (modified by author)Source: UGC
She founded two start-up companies under Margo Fargo International (Far_Go Straws and Grinda Coffee).
She has earned millions through her entrepreneurial ventures and modelling career.
Rapelang Rabana
Rapelang Rabana is a South African entrepreneur and computer scientist.
Marnus Broodryk, South African entrepreneur, author, and investor. Photo: @marnusbroodryk (modified by author)Source: Instagram
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Rabana’s wealth comes from her successful telecommunications, education technology, and consulting business ventures.
Sammy Mhaule
Sammy Mhaule is a South African entrepreneur and business leader.
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He started his first business at the age of sixteen.
He sold muffins inschooland used the proceeds to start forex trading.
Mandla Lamba, the South African entrepreneur. Photo: @mandlalamba (modified by author)Source: Instagram
Shezi also traded with his school fees, something young people are not encouraged to do.
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.
*Mahlatse Mamaila is a South African entrepreneur and founder of INO Biodiesel. Photo: @inn0_queeneth_ (modified by author)Source: Instagram*
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 onSABC1.
He also co-founded WooCommerce, an e-commerce site, before selling it, and founded PublicBeta in 2013.
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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.
Margo Faith Fargo is a South African model, entrepreneur, and environmental sustainability advocate. Photo: @margo_fargo (modified by author)Source: Instagram
Khanyi Mbau - $10 million
Khanyi Mbau is the richest young woman in South Africa on the list.
She is a famous actress, media personality, and artist with anet worthof $10 million.
Although he comes from an affluent family, he made money from his multiple investments.
South African computer scientist Rapelang Rabana. Photo. @rapelang (modified by author)Source: Instagram
He started rapping at 12 and is now one of the household names in the South Africanmusicindustry.
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2.
Mike Eilertsen - $21.2 million
Mike Eilertsen founded a media group known as LIVE OUT LOUD.
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He also started a database of South Africas leading businessmen at a young age.
His estimated net worth is 21.2 million dollars.
He is an entrepreneur best known for his masterclasses.
South African entrepreneur, Sammy Mhaule. Photo: @theonlymrkicks (modified by author)Source: UGC
Thembekwayo founded My Growth Fund and has made various investments, including real estate.
How many millionaires are there in South Africa?
Egypt is second with 15,600 while Nigeria comes third with 8,200 millionaires.
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Who is the richest kid in South Africa?
Sandile Shezi, South African forex trader. Photo: @sandileinnocentshezi (modified by author)Source: Instagram
Although the wealthiest kids in SA remain unknown, some acquired wealth from their parents or grandparents.
Details of the wealthiest SA teenager remain undisclosed.
However, sources believe Sandile Shezi was once among the youngest teenagers.
Bernard Parker is a talented soccer player. Photo: @bernard_parker_25 (modified by author)Source: UGC
He made money from forex trading.
The youngest millionaires in South Africa started their careers when they were young.
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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.
A famous female disc jockey in South Africa. Photo: @DJ Zinhle (modified by author)Source: UGC
She has a Bachelor of Commerce & IT from the University of Nairobi and joined Briefly.co.za in November 2019.
The writer completed a Google News Initiate Course.
you’ve got the option to email her at perisrodah254@gmail.com.
Adii Pienaar, the founder and chief executive officer of Cogsy in South Africa. Photo: @adii (modified by author)Source: Instagram
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The managing director of Headboy, a firm in South Africa. Photo: @theheadstudent (modified by author)Source: Instagram
Khanyi Mbau is a famous SA actress and media personality. Photo: @mbaureloaded (modified by author)Source: UGC
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Duduzane Zuma, the son of the former president of South Africa. Photo: @duduzane_zumaofficial, @duduzanezuma22 (modified by author)Source: UGC
Cassper Nyobvest is pictured outdoors. Photo: @casspernyovest (modified by author)Source: UGC
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South African investor and founder of ‘My Growth Fund. Photo: @vusithembekwayo (modified by author)Source: UGC
Photo: canva.com (modified by author)Source: UGC
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