Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana
I grew up in a village outside of Mthatha.Sisa Ngebulana
My first house took me four months to build and complete. It took me two months to sell. I made a decent profit, but lost it on my second property.Sisa Ngebulana
On my first big shopping centre I lost a couple of hundred millions.Sisa Ngebulana
Sisa Ngebulana is the CEO of Rebosis Property Fund Limited, the first black-managed and substantially black-held property fund to be listed on the JSE.
He is also the Founder, Executive Chairperson and sole owner of Billion Group Limited, a multi-billion rand property company.
SA Entrepreneurs Magazine estimates Ngebulana’s net worth to be around R400 million.
How did Ngebulana build his property empire?
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
I started the group about 17 or 18 years ago.Sisa Ngebulana
We bought CBD buildings when the bank and insurance companies moved out.Sisa Ngebulana
I’ve been in trouble a couple of times.Sisa Ngebulana
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
'If you're happy at work it rubs off on your colleagues and clients' says Gideon Galloway, CEO of King Price Insurance.Read More
'Self-service' allows clients to benefit from taking full control of the process says MortgageMarket founder Tim Akinnusi.Read More
'The pandemic is an opportunity for innovation'. Natascha Viljoen shares her life story and beliefs on The Money Show.Read More
Personalised one-on-one healthcare is the answer to the problems diabetics face says Guidepost CEO, Graham Rowe.Read More
Marc Lubner on the NGO's programmes for young South Africans and how working with Nelson Mandela inspired his life's work.Read More
The Money Show's Bruce Whitfield interviews Eskom interim chair and Health Ombud, Prof. Malegapuru Makgoba.Read More
Former Springbok Bryan Habana about where he is at this point of his career.Read More
The Money Show’s Bruce Whitfield interviews Solidarity Fund Chairperson Gloria Serobe.Read More
Technological advancements have made it possible for new banks to operate and flourish.Read More
The Money Show’s Bruce Whitfield asks Bushveld Minerals founder Fortune Mojapelo to share his success story.Read More