Check Out Julius Malema’s Net Worth

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By ZAlebs | 16.11.2022 | Top of The Last Updated On 05.03.2026

Check Out Julius Malema’s Net Worth
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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Written by Editorial Team

The ZAlebs editorial team brings you the latest in South African celebrity news, entertainment, music and lifestyle. We cover the stories Mzansi is talking about with speed, accuracy and a finger firmly on the pulse of local pop culture.

Published on 16.11.2022
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