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.
Recommendedby NEWSROOM AI
Our education system is poor, leading to a proliferation of private schools, most which are unaffordable even for the middleclass.
The Money Show’s Bruce Whitfield interviews SPARK Schools cofounder and CEO Stacey Brewer.
The Money Show’s Bruce Whitfield interviews Africa People Mover (APM) founder and CEO Tumisang Kgaboesele.
The Money Show’s Bruce Whitfield interviews Mupita about his life and his exciting (and challenging!) new job at MTN.
The Money Show’s Bruce Whitfield learns more about the views of the outspoken Chair of AngloGold Ashanti.
Meet the inspirational Luvuyo Rani, Social Entrepreneur of 2016. Learn about his fascinating business and the lives he’s changing.
Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
A trending Twitter debate has left social media users arguing over whether Winnie the Pooh is a girl or boy.
Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.
Anger is a strong and natural emotion that everyone experiences every now and again. Here's how to manage your reactions.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?