Sandile Zungu’s wealth: AmaZulu’s CEO’s education and wife 

Sandile Zungu is a well-known businessman from KwaZulu-Natal and a multimillionaire (KZN).

Slindile “Slee” Wendy Ndlovu, his ex-fiancee and current Real Housewives of Durban (RHOD) cast member, stated that he dumped the entrepreneur last year and married another lady four months after their six-year romance ended.

Slee and Sandile Zungu
RHODurban cast member Slee and AmaZulu boss Sandile Zungu. Images by @wendy thebosslady and @ManziniZungu_ on Twitter.
Outside of his personal life, Zungu is one of the wealthiest football club owners in South Africa. According to Sports Brief, he has an estimated $13 million in net worth (about R226 million). Other sources, however, estimate his net worth at R350 million.

1. HE WAS BORN IN UMLAZI
The business magnate was born in Durban’s Umlazi area on February 10, 1967. He was a Vukuzakhe High School and Hilton College student.

Engineer Sandile Zungu is qualified.
After graduating from high school, he continued his education at the University of Cape Town (UCT), where he earned a Bachelor of Science in Mechanical Engineering. Zungu also possesses an MBA from the Graduate School of Business at the University of Cape Town. In 2000, he finished a certificate program in Global Leadership at the Harvard Business School in Boston, United States.

3. HIS FIRST WIFE PASSED AWAY
The magnate was married to the businesswoman for 25 years. She passed away in 2016 following a long fight with cancer. Zodwa founded and managed The Zunguness in Balgowan, KZN Midlands, which is an upscale venue for weddings and corporate gatherings.

The couple had three boys and one girl.

4. HIS WEDDING TOOK PLACE IN 2022
The previous year, Zungu remarried. In June, the multimillionaire and his bride Nozipho Magubane celebrated their extravagant wedding in the KwaZulu-Natal Midlands.

Sunday World reports that the wedding was attended by A-list celebrities, politicians, and businesses, including Patrice Motsepe, the millionaire head of the CAF.

5. SANDILE ZUNGU is the owner of an investment firm.
Zungu is the executive chairman of Zungu Investments Company (Proprietary) Limited (Zico), the holding company for his commercial activities, in addition to acquiring AmaZulu Football Club in 2020.

He was appointed as the new Chancellor of Mangosuthu University of Technology in September 2022. (MUT).

Moreover, he is the Chairman of EOH Holdings, a non-executive Director of Grindrod Limited and Novus Holdings, a member of the BRICS Business Council, the President of the Black Business Council, a member of the Presidential Black Economic Empowerment Advisory Council, and the Chairperson of the University of Cape Town Graduate School of Business (UCT GSB) Board of Advisors.


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