Moses Tembe Net Worth And His Journey to Real Estate
Moses Tembe, a key person in South Africa’s economic environment, has made substantial contributions in a variety of fields during his career. From Moses Tembe Net Worth to his early years, profession, and personal life, Tembe’s story is one of perseverance and accomplishments.
Moses Tembe Net Worth
|Northern KwaZulu-Natal, South Africa
|Anele (Deceased), Vukile, Nosipho, Mbali, Zomatanga
|Date of Birth:
|Source of Wealth:
|University of South Australia (UNISA), University of Cape Town
Moses Tembe was born in Northern KwaZulu-Natal, South Africa, and spent his early years developing a strong work ethic and drive. He completed his bachelor’s degree at the University of South Australia (UNISA). Tembe also holds a Bachelor of Public Administration and a Master of Political Science degrees. He also holds a financial management degree from the University of Cape Town.
Tembe’s commercial and investing pursuits have helped to define his career. He has worked in several areas, including real estate, hospitality, and entertainment. One of his most famous accomplishments is his role as the founder and CEO of a successful real estate development firm “Moses Tembe Investments (PTY) Ltd”, which has earned him significant money and influence in South Africa’s commercial world.
Moses Tembe has held significant positions on the boards of various prominent companies across diverse industries. He has served as a member of the Board of Durban Infrastructure Development Trust, Chairman of the eThekwini Community Foundation, and Co-Chairman of KZN Growth Coalition and Economic Council.
Additionally, he has taken on roles as Deputy Chairman of Phumelela Gaming, Director of Mazibuye Investments, Director of the Durban International Conference Centre, and President of the Durban Chamber of Commerce and Industry. Furthermore, he has contributed as Secretary-General of Inyanga (KZN NAFCOC) and Vice-Chairman of KZN Business Initiative.
Moses Tembe’s ex-wife was Lulu Tembe, and they had three children: Anele, Vukile, and Nosipho.
Lulu died amid accusations that she committed suicide, but her son Vukile refuted the claims. He eventually married Princess Ntandoyesizwe, daughter of Zulu’s late King Goodwill Zwelithini. The tycoon has two children with Princess: Mbali and Zomatanga.
Moses lost his daughter, Anele, a South African model who died on April 11, 2021, from injuries received after falling from the 10th floor of the Pepperclub Hotel on Loop Street in Cape Town.
Moses Tembe’s family accused the rapper of pushing their daughter down and failing to help her as she collapsed and begged for oxygen. In 2022, the family filed a report with the National Prosecuting Authority (NPA) alleging that the rapper murdered Anele. Later, on February 10, 2023, AKA and his friend Tebello Motsoane, a chef and entrepreneur, were slain in a drive-by shooting outside the Wish Restaurant on Florida Road, Durban. This generated quite a fuss since many people believed Moses Tembe and his family were to blame for his murder.
Frequently Asked Questions About Moses Tembe
1. Who is Moses Tembe?
He is a prominent South African businessman known for his ventures in real estate, hospitality, and entertainment.
2. What is Moses Tembe’s net worth?
Moses Tembe’s net worth is around $100 million.
3. What industries is Moses Tembe involved in?
Tembe has interests in various sectors, including real estate development, hospitality, and entertainment.
4. What is Moses Tembe’s background?
Tembe was born and raised in South Africa.
5. How did Moses Tembe start his career?
Tembe began his career by venturing into the real estate industry, where he founded his own development company.
6. Is Moses Tembe married?
He is married to his wife, Nomcebo Tembe.
7. Does Moses Tembe have children?
He currently has four children Vukile, Nosipho, Mbali, and Zomatanga after losing his daughter Anele in 2021.
8. What is Moses Tembe’s educational background?
He completed his bachelor’s degree at the University of South Australia (UNISA). Tembe also holds a Bachelor of Public Administration and a Master of Political Science degrees. He also holds a financial management degree from the University of Cape Town.
Moses path from poor origins to business success exemplifies the power of hard work, tenacity, and persistence. Tembe is a dominant force in South Africa’s economic environment, making gains in a variety of industries and sectors while leaving a legacy of innovation, leadership, and success.