Sandile Shezi has had several titles before his name, but the one that has stuck is ‘South Africa’s youngest self-made millionaire’.
He made his money in forex, although sometime not in very clear circumstances. Like in 2015 when the then 23 year old was accused of lying about the extent of his own profits in the trade.
Allegations were that he had falsely claimed that a forex account with R30 million in profit belonged to his company Global Forex Institute (GFI). Questions were raised about the account’s legitimacy, eventually leading Shezi to disown it, arguing that he had not claimed ownership in the first place.
It was still quite unethical that he was using it as training material for GFI students. Course material was sold to the students for R 4000. But there were also allegations that this material was plagiarized from forex sites on the internet.
Indeed, when News24 compared the material to the suspected original source, they found them identical.
So how did Shezi find his way to national fame?
Here are some things you should know about him.
1. Sandile Shezi is 28 years old.
2. He was born and raised in a modest family.
3. In high school, he sold muffins for extra pocket money, amidst ridicule from his peers.
4. He would then start hawking clothes from house to house, a venture he says gave him a clear understanding of what running a business meant.
5. He has been called ‘South Africa’s youngest millionaire’, but that has not been verified.
6. He reportedly became a millionaire at 23.
7. He is an alumnus of Durban University of Technology, where he pursued a National Diploma in Public Relations, Advertising, and Applied Communications
8. He started his forex career using money that was supposed to pay for his third-year tuition in college.
9. After ‘investing’ his school fees in forex, Shezi took a break from school without his parents knowledge. He would later return to complete his studies.
10 He now spends his time coaching people on the Forex trade, while at the same time urging them not to suspend their education like he did, as the market can be volatile.
Sandile Shezi Girlfriend
Not much is known about his love life, but he has on ocassion been picture next to a lovely woman.
Sandile Shezi Net Worth
While most of his claims have never been independently verified, Sandile Shezi claims to have made upwards of $2.3 million (R 33.8 million) during his break from college.
If true, that would put his net worth at about $2.3 million.
Today, it appears Shezi makes his money from training and events.
While it is hard to say what his real net worth is, it is not hard to see that Sandile Shezi is a text book example of a person who makes money by telling others how to make money.
