Vivian Reddy, a renowned South African businessman and philanthropist, is one of the most understated and undervalued wealthy South Africans.
This article describes Reddy’s wealth, lifestyle, and how he amassed his billions.
Vivian Reddy
The estimated net worth of Vivian Reddy is R1.9 billion. Image via Instagram @vivian.reddy.94
A BRIEF PROFILE ON VIVIAN REDDY
Name at birth: Vathasallum Reddy
Birth date: February 23, 1953
69 years of age
Occupation: Entrepreneur and philanthropist
Religious beliefs: Hindu
Status: Divorced from Mogi Naidoo after 28 years, and currently married to Sorisha Naidoo
Children: Yavini, Shantan, Kuber, Saihil, and Kalina
Having a net worth of R1.9 billion
According to his Linkedin profile, Reddy is a classic case of “rags to riches.” He reportedly launched his business, Edison Power, with R500 and a single van. Today, though, his company is reportedly “South Africa’s largest electrical company.”
According to his description, he expanded the company to a multibillion-dollar revenue and 2,000 people by “unwavering determination and tenacity.”
Despite having “very humble beginnings,” Reddy reportedly “created a business empire with diverse interests in energy, casino, health care, financial services, and real estate development.”
DEALS GONE WRONG
According to Savanna News, Reddy’s Edison Power was involved in a corruption controversy in 2013. It was apparently awarded an estimated R1.2 billion contract “questionably.”
After four years, the company once again made news after it was allegedly determined that Reddy’s company was handed an R1.2 billion contract without following “legislative and administrative requirements.”
In 2019, he was allegedly related to corruption claims alongside fellow African National Congress (ANC) member, Ace Mangashule.
THE BILLIONAIRES HOME
Briefly indicates that Reddy’s R27 million residence is fit for a king. It is situated in a Durban suburb and is a reflection of his enormous financial achievement.
In 2015, Top Billing celebrated the new James Bond film Spectre in grand style at Reddy’s vast estate.
His wife Sorisha is supposedly a businessman, actress, and model, as evidenced by her opulent wardrobe. After sharing a portion of her wardrobe on social media, one of her celebrity pals said, “Wow!”
“The fact that this is your closet makes me,” commented @londie london official.
»Husband of ‘RHOD’ star Sorisha: Vivian Reddy’s net worth and profession«