ShapeShifter

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?

The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.

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

Click here (then“like” the page) to follow Bruce on Facebook.

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.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
'ANC has to change or it will die' – anti-apartheid activist Lord Peter Hain

'ANC has to change or it will die' – anti-apartheid activist Lord Peter Hain

The Money Show’s Bruce Whitfield interviews anti-apartheid activist and British Labour Party politician Lord Peter Hain.

Meet Mike Ratcliffe, MD of Warwick Wine Estate (one of SA's most innovative)

Meet Mike Ratcliffe, MD of Warwick Wine Estate (one of SA's most innovative)

The Money Show’s Bruce Whitfield interviews Ratcliffe for his weekly “ShapeShifter” feature.

Meet Andrew Donaldson, former Deputy Director General at Treasury

Meet Andrew Donaldson, former Deputy Director General at Treasury

The Money Show’s Bruce Whitfield gets the inside scoop from Donaldson, who spent 24 years at Treasury.

Meet (outgoing) Old Mutual EM CEO Ralph Mupita (soon to be MTN’s CFO)

Meet (outgoing) Old Mutual EM CEO Ralph Mupita (soon to be MTN’s CFO)

The Money Show’s Bruce Whitfield interviews Mupita about his life and his exciting (and challenging!) new job at MTN.

Meet AngloGold’s Sipho Pityana (who calls JZ ‘sponsor and chief of corruption')

Meet AngloGold’s Sipho Pityana (who calls JZ ‘sponsor and chief of corruption')

The Money Show’s Bruce Whitfield learns more about the views of the outspoken Chair of AngloGold Ashanti.

How a single township internet café grew into a nationwide IT franchise business

How a single township internet café grew into a nationwide IT franchise business

Meet the inspirational Luvuyo Rani, Social Entrepreneur of 2016. Learn about his fascinating business and the lives he’s changing.

Popular articles
An expert guide on 'hotwifing' and 'cuckolding' in the bedroom

An expert guide on 'hotwifing' and 'cuckolding' in the bedroom

Clinical sexologist Dr Eve shares insights into sexual fetishes and how partners negotiate them in their bedroom and relationship.

[Watch] John Maytham shuts down victim shamer on air

[Watch] John Maytham shuts down victim shamer on air

A caller wanted to know what the alleged victim had done in order for Grace Mugabe to assault her.

Cape officials to harvest 500 million litres of new water a day

Cape officials to harvest 500 million litres of new water a day

Mayor of Cape Town speaks to CapeTalk's Kieno Kammies about plans to provide more water amidst the ongoing drought.

LISTEN:  Reformed car hijacker sheds light on hijacking underworld

LISTEN: Reformed car hijacker sheds light on hijacking underworld

This reformed car hijacker was convicted for hijacking, robbery and murder and served almost 16 years jail time. Hear his story.

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

Journos walk out of Bathabile Dlamini's briefing after 2 hour wait

EWN's Gia Nicolaides says journalists walked out of the media briefing on social grants after waiting for hours for her to arrive.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.