Check Out Julius Malema's Net Worth

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By  | Nov 16, 2022, 06:56 PM  | Top of The

A well-known global leader, Julius Malema was born on March 3, 1981, in South Africa. From 2008 until 2012, he served as the South African National Congress Youth League's leader. He has a reputation for having divisive opinions and has already been found guilty of using hate speech. Pisces is Julius Malema's zodiac sign, according to astrologers.

South African politician Julius Sello Malema was born on March 3, 1981. He is a Member of Parliament and the founder and leader of the Economic Freedom Fighters political party, which he established in July 2013. 

Malema belonged to the organization from the time he was nine years old until his expulsion from the ANC in April 2012, when he was thirty-one. As a result of his support for ANC President and then South African President Jacob Zuma, he holds a prominently contentious position in South African public and political life.

He was referred to as the "next leader" of South Africa by both Zuma and Cassel Mathale, the Premier of the Limpopo Province. Unfavorable portrayals depict him as a "reckless populist" who could cause racial unrest and destabilize South Africa.

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Career

In 1995, Malema was chosen as the regional chairperson and chairman of the Seshego Youth League branch. He was chosen as the national president of the Congress of South African Students (COSAS) in 2001 after serving as the Limpopo province's COSAS chairman from 1997. 

Malema escorted schoolchildren on a COSAS march through Johannesburg in 2002; the march was marred by instances of violence and looting.

In April 2008, Malema defeated Saki Mofokeng for the position of ANC Youth League president, garnering 1,833 votes to Mofokeng's 1,696. Malema later referred to the election and conference as having "unbecoming behaviour" due to the intimidation and fraud that were there.

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Net Worth

The estimated value of Julius Malema's net worth is $3 million, or 45 million Rands. Malema has engaged in lucrative commercial transactions with a number of engineering firms and has experienced varied degrees of success in the business sector. He has been charged with diverting money into one of his trust accounts, though. The EFF leader also has a luxurious home in Johannesburg's Hyde Park.

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Julius Malema’s House

The EFF president, Julius Malema, owns two opulent mansions, which has led some to wonder how he was able to afford them.

According to reports, Malema purchased a property in the upscale neighborhood of Sandton. He reportedly paid R3.6 million for the property.

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His second residence is a home in Polokwane that he paid about R1 million for. The Sandton house, which features three bedrooms, an office, a lounge, a pool, and a sizable lawn, has been hailed as exquisite.

He frequently hosts parties at this home, and the neighbors have complained about the noise. Malema drives a black Mercedes Benz AMG with a suggested retail price of R734 000. He also owns a Range Rover and an Aston Martin.

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