Sbu Mpisane has an estimated net worth of R200 million, equivalent to around $11 million.
Much of his wealth stems from his involvement in various businesses, particularly in construction.
His success is closely tied to his ex-wife, Shauwn Mkhize, with whom he co-owned several companies, including the Zikhulise Group, which has secured numerous government contracts.
Businesses and How Sbu Mpisane Makes His Money
Zikhulise Group
This is a conglomerate of companies co-founded with his ex-wife, Shauwn Mkhize.
Zikhulise Group is a major player in construction, particularly in low-cost housing, securing multiple government tenders from eThekwini Municipality.
This company is the cornerstone of his wealth.
Zikhulise Auto Restorers
This subsidiary focuses on vehicle restoration and repair services.
It adds another revenue stream to the Mpisane family, tapping into the automotive industry.
Inyanga Security Services
Another company under the Zikhulise umbrella, this business provides security services.
Given the high demand for security in South Africa, this venture contributes significantly to his income.
Football Club Ownership
Mpisane is the chairman of Royal Eagles FC, a football club in South Africa’s national first division.
Sports clubs can be lucrative through sponsorships, merchandise, and ticket sales.
Additionally, he reportedly acquired another club, Uthongathi FC, further diversifying his portfolio.
Real Estate
Mpisane and his ex-wife own a lavish mansion in La Lucia, Durban, valued at over R40 million.
The property itself is a significant asset, adding to his overall wealth.