Six times richer than MaMkhize: Durban’s richest business mogul Vivian Reddy’s net worth shocks Mzansi
Dupped as one of the wealthiest South Africans, Vivian Reddy lives the American dream. The celebrated Durban based business mogul has a well-established business empire that has spread its wings beyond the African continent.
Whilst still young, he went down in the history books of South Africa since he was the first South African representative at the world annual Boy Scouts Jamboree. Whilst participating in participation of the Scouts, he met Neil Armstrong, and the rest was history.
He has a business empire with interests in energy, healthcare systems, financial services, casinos, property development and real estate. Let’s dive into his net worth and business empire.
Six times richer than MaMkhize: Durban’s richest business mogul Vivian Reddy’s net worth shocks Mzansi
He is arguably the wealthiest business mogul in Durban. As of 2022, he has an estimated net worth of R1.9 billion. However, several sources have it that he is two times richer than his declared net worth as he also runs several business investments which are not registered in his name.
His business success has seen him be listed in several Forbes Magazine rankings. After all, it seems as if MaMkhize is not the richest business mogul in Durban since Vivian is six times richer than the bubbly media personality.
Controversial deals implicating his parent company
In 2013 his company Edison Power was implicated in a corruption scandal after being dubiously awarded an R1.25 billion tender.
Four years later, it hogged the headlines again after it was established that Reddy’s Edison group’s R1.2 billion contract did not meet legislative and administrative requirements.
Mzansi was more than convinced that he is a darling of the ruling party, and this was somehow proven. In 2019 he was implicated in ANC woes after being linked to corruption allegations with Ace Mangashule.
Vivian Reddy’s love life and a failed marriage
The celebrated business mogul has three children from his first marriage with Mogi Naidoo. However, currently, he is married to bubbly TV presenter and actress Sorisha Naidoo who he has two children. Naidoo is best known for her on-screen appearance on Real Housewives Of Durban.
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