South Africa’s Youngest Millionaire, Sandile Shezi Biography – Age, Wife, Kids, Rise To Fame, Fraud Allegation & Net Worth

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Sandile Shezi is a young South African businessman and entrepreneur who changed his life and that of his family by investing wisely and following up with hard work, perseverance and determination. He decided to invest his money when those around him thought it wasn’t wise and after a while, he started to reap the fruit of his hard work and is now earning millions.

Profile

Early Life

It was as Sandile Innocent Shezi that the South African millionaire was born in Durban in 1994. The Black Wolf of Wallstreet as he described himself started out his life as most black kids in South Africa before he was able to rise to the top.

No information is available on his parents or siblings yet, but it is gathered that Sandile wasn’t born with a silver spoon. In fact, he came from a humble background and had to start hustling from the scratch at a young age to make ends meet. He grew up in Umlazi a small town in the south of Durban South Africa. Here, he started selling muffins and used clothes on the streets at a young age to pay for his bills.

Sandile attended the Durban University of Technology, where he studied and majored in public relations and applied communication. He also loves to play gulf and relax with friends and family.

Facts You Didn’t Know About The Young South African Millionaire

1. He Was Brought Up In A Poor Family

Sandile may now be a big name as far as money is concerned, but it hasn’t always been this way for him. He was from a poor background and didn’t have much while growing up but he never let that get in the way of his future.

2. Sandile Rose With The Help Of George Van Der Riet

Sandile has a mentor, one man he looks up to in the business industry and he is George Van Der Riet who groomed him and helped him be the businessman and entrepreneur he has become today.

3. Shezi Owns And Runs A Foundation

He set up an organisation called the Sandile Foundation where he grooms young people who hope to venture into the business world and to help improve their lives. Their focus in this foundation includes education, health, and wealth. The foundation aims at empowering and sponsoring about 2500 young students through fully paid for scholarships and bursaries from now to 2025.

The foundation sponsors an initiative known as the Textbook Support Initiative with the aim of encouraging learning and providing study materials for learning especially in rural areas where learning is quite difficult. Another sector the foundation has touched is the health sector where it hopes to support two hundred and fifty thousand people through health care, holding conferences and seminars that offer recovery, prevention and general health care practices.

4. He Is A Married Man

According to some sources Sandile seems to be married to a beautiful lady. He shares her pictures on social media but no information is available about her name, age and background yet.

5. He Is Active On Social Media

Sandile is active on social media and has thousands of followers he also shares some videos from his seminars and tutorials on YouTube. He also has social media accounts such as Facebook, Twitter, YouTube, and others.

6. Sandile Shezi Made His First Million In His Early 20s

Sandile is amongst the youngest millionaires in South Africa being just 23 years old when he made his first millions. He is also one of the youngest influencers and entrepreneurs making so much difference in his country and continent at large.

7. His Name Hasn’t Been Off Some Controversies

There were rumours flying around that Sandile’s mentor was sent to prison in the United Kingdom for manslaughter. Sandile later clarified that the man in question sustained head injuries after an altercation and died after spending three days in the hospital. This was one of the first controversial issues that involved the young millionaire.

There was also an issue where Sandile was accused of plagiarism on the content of courses he was giving out. However, Sandile came out to defend himself saying he took the time to come up with the contents himself and didn’t see anything that looked alike except some pictures.

In recent times, however, Sandile has been accused of fraud. As of the 10th of October 2021, there was a police warrant for the arrest of the young businessman. Shezi has been accused by two people of defrauding them of their monies in the guise of helping them invest.

One of the supposed victims of the fraud is Allan Ledwaba who was an attendee of one of Sandile’s seminars. Allan was reportedly convinced to invest in crypto after Shezi showed him evidence of his luxuries gotten from the crypto trade and investments. As a result of this, Ledwaba took a loan of R500,000 from his father to trade. However, Mr. Allan Ledwaba claimed that Shezi Sandile was not straightforward and used a fake law firm to draw up a contract. Apart from this, Allan claims to have not received his full profit.

There is also the case of a former school principal in Limpopo who was also allegedly scammed by Sabdile Shezi. The principal claimed that Shezi convinced him to retire from his job as a school principal and invest his pension in trading Forex.

The principal heeded this advice and gave Sandile R1 million in 2018 to help him invest. However, despite being told that his investment had doubled, and being sent dividends every month, Shezi began to play foul. The principal claimed he was given only R100,000 when he asked to withdraw his money back.

Shezi has not said anything about these allegations yet, however, his lawyer, Lloyd Moonean has publicly refuted the claims by Allan Ledwaba. He said Allan has been trying to defame Sandile for a while now. He did not respond to the claims of fraud by the former school principal though.

Fraud Allegation

Shezi, who is from Durban, was charged for allegedly defrauding his business partner and shareholder in his business Global Forex Institute [GFI] out of R500,000.

See his post below:

Net Worth

Sandile enjoys a net worth of about 2.3 million dollars which he made from trading Forex. Before then, he was always burning with a fire of making it out of poverty. Thanks to his determination, he got involved in business very early when she started selling clothes and other things as a little child.

Sandile became a millionaire at the young age of 23 when he decided to take a huge risk and used his tuition as well as every other money given to him by friends and well-wishers to invest in Forex trading. After a while, Forex trading became popular and lucrative and this paid Sandile handsomely as that was the source of his first millions.

Although Forex trading is the major way that he makes his money, he also invests in stocks and also through training of those who may want to learn either how to trade Forex or stocks. He charges anything from R1,999 for basic to R3,999 for pro on his platform, iTradeFXLive.

He is also the brain behind Global Forex Institute (GFI).