Top 10 Expensive Houses Owned By South African Richest Politicians

4. Phuthuma Nhleko – $162 million

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Phuthuma Nhleko is a South African politician and businessman; he is the former CEO of the MTN Group which is  Africa’s largest holding group of GSM cellular networks and has 6000 employs and reported US $ 29 million turnover.

He is also the chairman of the of the African worldwide investment holding company that holds the stakes in the information technology and telecommunication industries.

Phuthuma Nhleko estimated net worth is US $ 162 million.

3. Sipho Nkosi – $173 million

Sipho Nkosi was and appointed as the director of the business leadership of South Africa in 2014.

He starts his career with the Ford Motor company as the market analyst in 1980 and also works with the Anglo American coal as the marketing coordinator.

He is the director and the CEO of the Exxaro Resources and the non-executive director of the Sanlam. Sipho Nkosi estimated net worth is US $ 173 million and he is ranked at No. 3 in the list of top 10 richest politician of South Africa.

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