Who is richer between AmaZulu owner Sandile Zungu and Royal AM owner MaMkhize, net worth revealed

Club owners: Who is richer between AmaZulu owner Sandile Zungu and Royal AM owner MaMkhize, net worth revealed

Dupped as one of the most celebrated business moguls in South Africa, Sandile Zungu has fast become the king of KwaZulu Natal when it comes to riches. Well, no doubt his ANC big wig ticket has enriched him more. In the mix of things, he is not shy to show off his riches despite being a public figure.

In recent years his sources of wealth have been questioned, and he has been investigated in several government procurement tender scandals. Recently he turned down an opportunity to be part of ANC’s KwaZulu Natal top brass. In the mix of all these, we have managed to connect the dots about his business empire and net worth

The Harvard Business School graduate is a jack of trades and master of all. He is the founder and chairman of Zungu Investments Company.

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He is the owner of the lavish Zunguness wedding and conference Centre. Apart from that, he is also the owner of the AmaZulu football club. Of interest is the fact that Zungu also happens to be part and parcel of several big companies which include:

• Sereti Resources Holdings Proprietary Limited
• Gold One International Limited
• Coza Mining
• Rockwell Diamonds Inc

Well, unconfirmed reports have it that the celebrated business tycoon has an estimated net worth of R350 million. However several sources have it that he is two times richer but some of his business investments are not under his name due to political affiliation. He boasts around with several mansions across Mzansi and his Kingfisher estate.

Club owners: Who is richer between AmaZulu owner Sandile Zungu and Royal AM owner MaMkhize, net worth revealed

Shauwn Mkhize’s Business empire and Net worth

No doubt she is one of Mzansi’s finest and she is not just a celeb but one of the female multi-millionaires in Mzansi. We can all agree she has made all sorts of headlines from fraud allegations to buying Bloemfontein Celtic and later naming it Royal AM.

Well she, was born into and raised by a politically active family in Umbumbulu, a village near eManzimtoti. Her late parents, Sipho and Florence Mkhize were ANC activists during apartheid. Her father was killed, apparently for political reasons, allegedly by a policeman in 1991.

It was Zikhulise Construction that propelled her into what she is today, a multi-millionairess. However, she has a net worth of R300 million. Her company scored multimillion-rand tenders in eThekwini and KwaDukuza, where it was tasked with building RDP houses.