The Wealthiest South African Celebrities Who Own Thriving Businesses in 2024

South Africa is home to a vibrant entertainment industry, and many of its stars are leveraging their fame to build lucrative business empires. From fashion and beauty to tech and real estate, these celebrities are proving that they are as savvy in business as they are talented on screen or stage.

Here’s a look at some of the richest South African celebrities in 2024 who own businesses and companies, showcasing their entrepreneurial spirit and contributions to the economy.

Nkosinathi Maphumulo, better known as Black Coffee, is one of South Africa’s most celebrated DJs and music producers. Beyond his impressive music career, Black Coffee has ventured into the business world, owning a stake in various companies.

He is the co-founder of Sweepsouth, a cleaning services app, and has investments in real estate across South Africa and internationally. Black Coffee also owns Soulistic Music, a record label that nurtures local talent, and a luxury apparel brand.

His ability to balance his music and business ventures has earned him a spot among South Africa’s wealthiest celebrities.

Bonang Matheba, affectionately known as “Queen B,” is a television personality, radio host, and business mogul. She is the founder of House of BNG, a premium sparkling wine brand that has taken the local market by storm.

In addition to her ventures in the beverage industry, Bonang has collaborated with major brands like Revlon and Woolworths, cementing her status as a marketing powerhouse.

Her entrepreneurial achievements have not only made her wealthy but also an inspiration to many young South Africans.

Cassper Nyovest, a heavyweight in South Africa’s hip-hop scene, has successfully transformed his music fame into a diverse business portfolio.

He owns Family Tree Records, a label that promotes local artists, and has launched his own sneaker line in collaboration with Drip Footwear.

Cassper’s entrepreneurial ventures extend to events management, where he organizes large-scale concerts like the iconic “Fill Up” series. These ventures, combined with endorsement deals, have positioned him as one of South Africa’s richest celebrities in 2024.

DJ Zinhle, whose real name is Ntombezinhle Jiyane, is not only a successful DJ but also a formidable businesswoman. She owns Era by DJ Zinhle, a jewelry and accessory brand that has become a favorite among South Africans.

In addition, Zinhle co-owns Boulevard Rosé, a luxury beverage brand, and has a stake in the real estate sector. Her business acumen, combined with her talent in music, has made her one of the country’s wealthiest and most admired celebrities.

Trevor Noah, internationally renowned as the host of The Daily Show, has also dabbled in entrepreneurship. While much of his wealth comes from his comedy career and lucrative Netflix deals, Trevor has investments in tech startups and real estate, both in South Africa and the United States.

In addition to his business interests, Trevor launched the Trevor Noah Foundation, which focuses on education and youth empowerment in South Africa, showcasing his commitment to giving back to his roots.

Actress and media personality Pearl Thusi has built an impressive business portfolio over the years. She co-owns Black Pearl Hair, a brand catering to natural and textured hair, and has partnered with major brands in fashion and beauty.

Pearl’s investments in film production also contribute to her wealth, as she continues to expand her reach both locally and internationally. Her versatility as an entrepreneur ensures her place among South Africa’s richest stars.

Shauwn Mkhize, popularly known as Mam’Mkhize, is a businesswoman and reality TV star who epitomizes success. Her wealth primarily stems from her real estate company, Zikhulise Group, which handles construction and property development projects.

In addition to her real estate empire, Shauwn has ventured into the entertainment world through her reality show, Kwa Mam’Mkhize, and owns a soccer team, Royal AM Football Club. Her business ventures have made her a household name and an icon of success in South Africa.

Connie Ferguson is a legendary actress who has also made a name for herself in business. She co-founded Ferguson Films with her late husband, Shona Ferguson, a production company behind some of South Africa’s most popular TV shows, including The Queen and Rockville.

Connie also has her own skincare range and has invested in the fitness industry, promoting health and wellness. Her ability to diversify her portfolio has solidified her position as one of South Africa’s wealthiest celebrities.

The late rapper AKA, whose real name was Kiernan Forbes, left a significant legacy not only in music but also in business. He co-founded Beam Group, a company focusing on entertainment, merchandise, and events management.

AKA also had endorsement deals with several major brands, including Reebok and Cruz Vodka, contributing to his wealth. Although his life was tragically cut short in 2024, his entrepreneurial impact continues to be felt in the South African entertainment industry.

The success of these celebrities in business highlights the growing trend of South African entertainers diversifying their income streams. By leveraging their fame and influence, they are not only securing their financial futures but also creating opportunities for others through employment and mentorship.

Their stories serve as inspiration, showing that with vision, hard work, and determination, it is possible to excel in multiple arenas. As these stars continue to expand their empires, they contribute to South Africa’s economic growth and set an example for the next generation of entrepreneurs.

In 2023, these trailblazers remind us that success in entertainment can be a stepping stone to even greater achievements in business.