Vusi Thembekwayo is a prominent South African entrepreneur and CEO of MyGrowthFund Venture Partners, known for his business acumen. A published author, his financial success and diverse business ventures contribute to his reputation and curiosity about his net worth. We’ll explore Thembekwayo’s financial achievements, business interests, assets, and personal insights, highlighting his status as a leading figure in African entrepreneurship.
Vusi Thembekwayo Biography
| Full name | Vusi Thembekwayo |
| Nickname | ‘The Dragon’ |
| Date of birth | March 21, 1985 |
| Age | 39 years old |
| Zodiac sign | Aries |
| Birthplace | Benoni, Gauteng, South Africa |
| Romantic orientation | Heterosexual |
| Religious beliefs | Christianity |
| Current nationality | South African |
| Marital status | Estranged from Palesa Thembekwayo (April 2020 to present) |
| Ethnicity | Black |
| Gender | Male |
| Hair colour | Black |
| Eye colour | Dark brown |
| Children | Three children |
| Profession | Entrepreneur, author, and media personality |
| Education | Benoni High SchoolUniversity of Witwatersrand (Wits)Gordon Institute of Business Science (GIBS) |
| Net worth | Between $37 million and $600 million |
| Social media profiles | Instagram, Facebook, Twitter |
Early Life
Vusi Thembekwayo (born March 21, 1985).His roots are traced back to Benoni in the East Rand of Gauteng, South Africa. He and his wife resided in Fourways, Gauteng, during his marriage.
Humble beginnings and personal tragedy marked Vusi’s journey to success. He faced adversity when his entrepreneurial father passed away, leaving his family in grief. Despite these challenges, Vusi persevered and rose to prominence in his professional endeavours, although not without encountering struggles along the way.
Education
Vusi Thembekwayo started his education journey at Benoni High School in Benoni, Gauteng, for his secondary schooling. Later, he pursued a Management Advanced Programme and commerce at the University of Witwatersrand (Wits). Continuing his academic pursuit, Vusi earned a postgraduate diploma in Business Administration from the Gordon Institute of Business Science (GIBS).
Career
In 2011, Vusi Thembekwayo delivered a captivating TEDx talk titled “The Black Sheep,” which quickly gained traction. This powerful presentation, viewed by over 1 million people worldwide and translated into 20 languages, resonated with audiences from diverse backgrounds.
As a result, Thembekwayo emerged as a sought-after public speaker, delivering inspiring speeches at prestigious events such as the World Economic Forum and the Clinton Global Initiative.
After venturing into public speaking and facing financial challenges that led to him dropping out of business school, Vusi focused on personal development. By the age of 25, he was already managing a division of a multinational corporation.
In 2013, Vusi Thembekwayo established MyGrowthFund Venture Partners, a venture capital firm specializing in early-stage investments. Over the years, the fund has made successful investments in various startups across different sectors. Notable contributions include support for Jumia, Africa’s leading e-commerce platform, and SweepSouth, an online marketplace for cleaning services.
According to Vusi’s website, his ongoing projects include his brand, VT, which showcases his expertise as a businessman, and IC Knowledge Bureau, a boutique agency specializing in speaker management.
Other ventures
Vusi is a board member and shareholder at Fintech Squared Financial, a Luxembourg-based company that operates in various asset classes across Europe, the Middle East, and Africa.
Additionally, he holds a board position at The Innovation Village, a prominent startup accelerator in East Africa, and Silicon Cape, a leading tech innovation brand based in Cape Town.
Personal Life
In April 2020, Thembekwayo tied the knot with Palesa Mahlolo Thembekwayo (formerly Makhetha), and together they have three children.
However, in 2021, she made accusations of physical abuse against him, which he has vehemently denied. Their divorce proceedings regarding property settlement were still ongoing as of January 2023.
Bibliography
- Thembekwayo, Vusi (2017). Vusi: Business & Life Lessons from a Black Dragon.
- Thembekwayo, Vusi (2018). The Magna Carta of Exponentiality.
How Much Is Vusi Paid To Speak?
Vusi’s speaking fees vary depending on the type of event and format. According to the AAE Speakers Bureau, he can command between $30,000 to $50,000 for in-person appearances and $20,000 to $30,000 for virtual events.
Net Worth
Vusi Thembekwayo’s net worth, estimated at around $600 million, is a testament to his understanding as a business magnate and investor. This figure results from comprehensive financial evaluations and analyses of his wide-ranging business ventures, investments, and various income streams developed throughout his career. Thembekwayo’s success story is not just about wealth accumulation but also underscores his strategic vision and the ability to capitalize on opportunities, positioning him as a formidable figure in the global business landscape.
FAQs
How old is Vusi Thembekwayo?
He is 39 years of age. Born on March 21, 1985.
Where did Vusi Thembekwayo go to school?
Vusi Thembekwayo went to the University of Witwatersrand, where he studied commerce and the Management Advanced Programme in 2009. He then earned a postgraduate diploma in Business Administration from the Gordon Institute of Business Science (GIBS) in 2011 and an executive MBA in Business and Economics from Ashridge Executive Education and Hult International Business School in 2018.
How did Vusi Thembekwayo make his money?
He make money from his wide-ranging business ventures, investments, and various income streams developed throughout his career. Thembekwayo’s success story is not just about wealth accumulation but also underscores his strategic vision and the ability to capitalize on opportunities, positioning him as a formidable figure in the global business landscape.