Ziggy Xolane Ndhlovu’s Biography: age net worth and everything to know about this African billionaire
The story of Ziggy Xolane Ndhlovu is an inspiration and motivational one that is proof that irrespective of one’s background, one can go far in life and become one of the very best if one wants.
Ziggy Xolane Ndhlovu, although from a humble beginning, has grown to become one of the most prominent billionaires on the African continent.
He is the brain behind many of the reputable organisations in South Africa and Nigeria, which are considered Africa’s largest economies.
Master Ziggy, as he is also called, made it to the limelight in September 2021 after he gave N1.6 million to a Nigerian, Victor Iken, who was deported after an unsuccessful endeavour to relocate to Europe
This article is focused on what you should know about Ziggy Xolane Ndhlovu, continue reading to see more.
|Ziggy Xolane Ndhlovu
|Date of birth
|March 12, 1985
|36 years old
|Place of birth
|Burgersfort, Mpumalanga province of South Africa
|South African Nigerian
|Georgia Institute of Technology
|Ada and Chisom (Adopted)
|Investor and entrepreneur
|1.7 billion South Aftican Rand
Ziggy Xolane Ndhlovu’s biography
Ziggy Xolane came into the world on March 12, 1985, to a South African mother and a Nigerian father but lived in different African countries as a child his childhood was, however, spent mostly in the dusty streets of Burgersfort, a town in Mpumalanga province of South Africa.
For Master Ziggy growing up was not easy as he had to make do with odd jobs like dishwasherg at the age of 17 to cater for himself. He was once a Disc Jockey which earned him the name “Master Ziggy.”
In 2013 Ziggy Xolane was arrested and imprisoned for his involvement with violent gangs and was charged with attempted murder and illegal possession of a semi-automatic weapon.
Ziggy Xolane is a graduate, and he bagged a diploma in Media Management, B.Com Economics, and Masters in Business Administration, all from Georgia Institute of Technology.
During his time in prison, Ziggy Xolane read Richard Branson’s biography, “Losing My Virginity,” and he adopted the business philosophy of the maverick British entrepreneur. From 2016-2017, while in prison, he invested in the crypto blockchain technology which would later earn him his first billion rand fortune.
Ziggy moment would come four years later as he saw a tremendous growth in his investment in Binance (BNB) worth R1.3 billion; this made him become one of the most successful crypto blockchain investors in Africa.
The knowledge from Richard Branson’s Virgin Group, became a source of inspiration for him as Xolane went on to establish the UMEH Group valued at R500 million. When Master Ziggy became CEO of UMEH Group Ltd, he was supervising 16 companies as well as over 200 employees. Under his leadership, UMEH Group expanded rapidly, either by establishing new subsidiaries or acquiring other blue-chip companies.
Some of the companies under UMEH Group are UMEH Media, Daily Afrika, WIF Global, Royal IVY South Africa, OMAHA Hotels, UMEH Motors, and Star Magazine Africa.
By 2021, DafriGroup Plc, headquartered in South Africa, has an estimated asset of R2.9 billion and 20 subsidiaries in five countries and on two continents.
When he was made chairman of the group, Master Ziggy became known for his purposeful leadership and direction for the various companies. He fast tracked the take-off of Dafribank Digital in 2021.
With Xolane in charge of Dafribank Digital, he saw the launch of a liquidity generating protocol code-named ‘SafeBank,’ which was created on Binance Smart Chain.
Xolane Nhdlovu reportedly has a net worth of 1.7 billion South African Rand. He lives a comfortable lifestyle as he possesses luxury property like Rolexes, two Rolls Royce’s Phantom, a Wraith, Aston Martin DB9, Hummer H2, among others.
Xolane Ndhlovu is famous for his philanthropist in Africa as he created different philanthropic efforts like the South African Entrepreneurship Centre For Ex-Offenders (SAECEO), where he provided entrepreneurship skill programs to ex-offenders as well as Education fund in South Africa and Nigeria.
The business magnate also gave the sum of R500, 000 to President Cyril Ramaphosa’s Solidarity Response Fund during the Covid-19 pandemic.
Also during the lockdown in 2020, Ziggy’s DafriBank Nigeria, a subsidiary of DafriGroup PLC, donated the sum of hundred million naira via Fund Kids Like Success Initiative to help poor Nigerian children with access to quality education.
Xolane Ndhlovu is a private individual when it comes to his personal life; the billionaire is not married but has adopted two Nigerian children named Ada and Chisom