Vusi Thembekwayo's Net Worth And Sources Of Income

Venture capitalist, elite coach and mentor, keynote speaker and best-selling author, are just a few of the titles that Vusi Thembekwayo uses to describe himself.

Born on the 21st of March, 1985 in Benoni, Gauteng Province, Vusi Thembekwayo has managed to overcome all obstacles in his life including losing his father at a young age to become one of the most accomplished young people in the country.

Here is a look at Vusi Thembekwayo’s net worth and the multiple sources of income that have contributed to his millions.

According to several online sources, Vusi Thembekwayo’s net worth is estimated at $600 million. 

A great deal of Vusi Thembekwayo’s net worth has been accumulated from his entrepreneurial work. By the time he was 25 years old, he was already running a R400m division of a R17bn multinational organization. At only 30 years old, he had $300 million worth of shares in over seven big companies.

Vusi Thembekwayo is a venture capitalist which means that he provides capital for start-up companies that have high growth potential in exchange for an equity stake.

He is the founder and CEO of MyGrowthFund which is an early-stage investor with a focus on impact investing that uses technology to drive financial inclusion, access to healthcare, and education. Leading by example, his team pushes medium, big, and publicly traded companies into much-needed, often difficult, but always profitable new routes. 

In 2020 and 2021 consecutively, MyGrowthFund was named the Best Impact Investment Firm in Africa at the Worldwide Finance Awards in London.

Vusi Thembekwayo is also the founder of IC Knowledge Bureau which is a Pan African company that invests in the extraordinary ideas of young entrepreneurs in Africa.

In addition to that Vusi is also the co-founder of VUKA Capital and is also a General Partner of Watermark Afrika Capital.

Read also: Top 5 richest Forex traders in South Africa.

Alongside being a venture capitalist, Vusi Thembekwayo is one of the youngest and most renowned keynote speakers in Africa and he has been invited to give talks all over the world and received accolades from some notable people across the globe.

Vusi has been giving talks ever since he was young. In 2002, at the age of 17 years old, he became the youngest in Africa and the third youngest globally to ever speak at the English-Union Speaking Union International competition.

According to sources, Vusi Thembekwayo charges between $30,000 - $50,000 for live events and between $20,000 - $30,000 for virtual events. His work as a world-renowned public speaker has also greatly contributed to Vusi Thembekwayo’s net worth as he is one of the highest-paid speakers in the country.

Read also: Vusi Thembekwayo called out for homophobic comments.

Another major way that Vusi Thembekwayo has amassed his incredible wealth is through his work as a bestselling author.

He has authored two bestselling books- The Magna Carta of Exponentiality and Vusi – Business & Life Lessons From a Black Dragon. 

The books have sold hundreds of thousands of copies, and Vusi Thembekwayo continues to make money from the royalties of his books.

Read also: Meet Vusi Thembekwayo's wife.