Konka owner Kutlwano Pitso’s net worth leaves Mzansi puzzled

Rags to riches: Konka owner Kutlwano Pitso’s net worth leaves Mzansi puzzled

Konka has fast become a millionaires playground, and in recent months we have seen the five-star night hangout making all sorts of headlines from its status to big spending by patrons. The hangout spot, located in Soweto, has not constantly made headlines in Mzansi but the world and large. It’s a spot where the rich and monied hang out and groove.

It has attracted most A-list celebrities if not all. In the wake of its newfound fame, many have wondered who owns Konka. Well, we have connected the dots and managed to tie down Kutlwano Pitso as the owner of Konka. Pitso is a celebrated young business mogul who has made himself known through his elite nightclubs and bars that have hogged headlines for all sorts of headlines.

Despite keeping his private life under wraps, Mzansi has managed to sneak into his personal life thanks to social media feeds and tabloids that have picked some interesting facts about him. His thrust into the big boys’ business wasnt a rosy road but thanks to his education and previous jobs that propelled him into Mzansi’s self-made millionaires.

Rags to riches: Konka owner Kutlwano Pitso’s net worth leaves Mzansi puzzled

Pitso is a marketing professional with a Bachelor of Business Administration Degree in Marketing and Brand Management from the IMM Graduate School. Of interest is the fact that he was once a researcher at Foshizi.

Pitso joined the media house as a marketing assistant. He was once part of the M-Net marketing team. However, he was promoted ten months down the line to marketing executive in the mix of things. He held the position of marketing executive before he switched to Brand Manager.

In 2016 Pitso started Moja Cafe in Soweto. During an interview with Andile Khumalo, he revealed that Soweto was the best location because he knew the business dynamics of the area. In the wake of a business boom, he incorporated a car wash, hanging out the place and a restaurant into the business model. In 2021 he went on to open doors of a new complimentary spot to his business empire Konka.

Well, in the mix of his newfound fame Mzansi has been wondering how much he is worth. Of interest is that Pitso has managed to keep his private life under wraps leaving a lot to be desired. Unconfirmed reports show he has a whooping net worth of R400 million. However, some sources have it that his business empire and assets might be valued at around R540 million. At Konka, patrons are well known for flexing their muscles. At some point, the Presidential Cartel is said to have splashed a cool R3.6 million on booze.