What Net Worth.
Wealth of celebrities in 2017.
Sandile Shezi.
Young forex trader Sandile Shezi from South Africa became a millionaire at the age of 23. He also co-founded Global Forex Institute , a company which is providing free courses on currency trading. As of 2017, Sandile Shezi has allegedly a total net worth around $2.3 million and we know interesting details from his road to riches.
While earning his National Diploma at the Durban Institute of Technology, Sandile volunteered in The Sunflower Fund. He took the money designated for tuition and used it for forex trading instead. This was a very risky move but it paid off. Shezi’s trading account at his online currency broker continued to grow and eventually he decided to drop out of school so he can focus on day trading.
Shezi is now rich and his net worth keeps growing. He and George van der Riet founded a Global Forex Institute where he currently works as a Managing Director . The institute organizes free beginners classes in cities like Cape Twon, Umhlanga, and Sandton.
After becoming South Africa’s youngest millionaire, Sandile Shezi is trying to help others with investing which is really nice. He still has a help of George van der Riet who is a very experienced trader and won the African Forex Cup two years in a row.
Sandile Shezi’s Net Worth: South Africa’s Youngest Millionaire.
Every once in a while you read a spectacular rags-to-riches story. Said featured person came up with a great business plan or found a loophole in the way they invest and seemingly become rich overnight.
Many people think that about South Africa’s youngest millionaire, Sandile Shezi. Shezi was able to create wealth for himself through forex trading and has even co-founded an institute to help others do the same. Before you hop on board Shezi’s program, however, you may want to know Sandile Shezi’s net worth and how he was able to become so wealthy at such a young age.
Net worth in 2017: $2.3 million.
Source Of Wealth: Forex trading.
Citizenship: South African.
Education: No formal education.
Sandile Shezi’s Career.
Shezi has been quoted saying that “Inside every rich man is a poor kid that followed his dreams.” It has been reported that he has had the heart of an entrepreneur since a young age. His first business venture, selling muffins at school, got him started on what is sure to be a long journey in the business world. The young man’s yearning for more lead him to make what many people would consider a foolish decision.
At the age of 23 most individuals are just getting life started. They’ve just graduated from college and may be seeking a new job, starting a family and even doing a bit of traveling. Not Shezi. He decided to take a huge risk. Instead of going to school, Shezi took the money he had set aside for his education and invested it in forex trading.
Forex (or foreign exchange) trading is defined by Investopedia as the trade of currencies from around the world and includes all aspects of buying, selling and exchanging currencies at current or determined prices. For example, if you want to purchase an item from France either you or the company you purchase the item from much convert U. S. Dollars to Euros. There are many restrictions in the foreign exchange market but with some education, as Shezi personally demonstrated, you can make money through forex trading.
Shezi came from an “average” family and didn’t have much money to invest. So how did he do it? What is Sandile Shezi’s net worth and how did the 23-year-old accumulate such wealth?
Sandile Shezi’s Net Worth.
Sandile Shezi’s net worth sits at about $2.3 million and, while that is no fortune, he has certainly made significant strides as far as securing a financial future for himself. Here’s how…
The 23-year-old millionaire began trading during his first few years of college. He dropped out during his third year (without his parents knowing) to focus on trading full time. Not many people would have made such a risky move but it paid off for Shezi.
Now he is able to continue focusing on forex trading full time as the Managing Director and co-founder of the Global Forex Institute. The Global Forex Institute was designed by Shezi and George van der Riet to provide others with affordable and effective Forex training. Shezi hopes to extend the same opportunities that have been given to him to others.
With the regular income from forex trading and the cashflow from his business, Shezi isn’t doing too bad for himself. One thing is for sure, he’s is no longer walking door-to-door selling muffins and if he continues to focus on building his wealth Sandile Shezi’s net worth will continue to climb.
Did you like this article? You may also enjoy other net worth pieces, such as:
Get Your FREE Book Now.
Enter your name and address to get your FREE copy of "Guide to Shopping at Costco."
Success! Now check your to get your free "Guide to Shopping at Costco!"
Net Worth.
Celebrities wealth, income, and salary in 2016, 2017.
Sandile Shezi.
At the age of 23, Sandile Shezi became the South Africa’s youngest millionaire. He made a fortune through forex trading . He’s also a co-founder of Global Forex Institute which offers currency trading education in the form of free classes. This young prodigy amassed incredible fortune really fast. Shezi has an estimated net worth of $2.3 million as of 2016.
In 2013, Sandile earned National Diploma at Durban Institute of Technology . During his studies, he volunteered in The Sunflower Fund. Today, his official position is Managing Director at Global Forex Institute which he founded together with George van der Riet. They organize free beginners classes in three cities, Umhlanga, Sandton and Cape Town.
It’s not that long ago when Sandile took the money given to him for tuition and used it for trading on the foreign exchange market . Definitely a risky move that put his formal education on the line. But it paid off. He was inspired by life story of Sandile Zungu and had incredible results.
His account at online currency broker grew and grew and in third year of college, Sandile dropped out in order to be able day trade full-time . On his forex trading site, Shezi offers not only physical classes but also online education and webinars for people looking for opening their own fx trading account.
Post navigation.
Search for a celebrity:
Recommended Celebrities.
Recent Posts.
Legal disclaimer : We don't guarantee accuracy and recency of presented data.
Global forex institute net worth
It hasn’t taken very long for the accusations to roll in, a mystery R30 million account at the centre of the scandal. In addition Shezi has been accused of plagiarising the course material for his company Global Forex Institute (GFI).
The R30 million account allegations stem from the fact that GFI points to their massive profit as a reason for wannabe traders to sign up for a course. Here’s News24 with more:
Questions have been raised about the account’s legitimacy and whether it actually belongs to GFI, as claimed on its Facebook page, where a post says: “Now is YOUR time for $$$$. This Saturday 18 July we will host a FREE Forex (foreign exchange) Class at Protea Hotel Umhlanga. You will get to meet the nr1 ranked trader in Africa and we will show you how we made R30 million then you copy our strategy!” …
Shezi has refuted allegations that he claimed the R30 million belonged to GFI:
[He] said whenever they showed accounts in seminars, the account holder’s name was shown with the account on screen and credit given verbally to the account owner.
So you’re pointing at someone else’s account as an indicator of the success of your business? Sounds a little dodgy to me. Over to that plagiarised course material then:
Some sections of the notes the GFI uses to train clients appear to be plagiarised from a site called BabyPips, a free beginner’s guide to forex trading…
[Shezi said] “I took it personally upon myself to compare the notes. I could not find any ‘plagiarised’ sentences. I couldn’t find any correlation between the format and chapter headings at all. I did however notice some of the pictures looked very similar…
However, this is a null point as we have spent the past year compiling a 300-page comprehensive training manual… We have already started using our new training manual.”
And what of this murderous business partner then? His name is George van der Riet and it appears many in the industry have a bone to pick with him, having contacted News24 with stories about the other half of GFI:
News24 has established that Van der Riet served time for manslaughter and drug dealing in the UK.
But – in Shezi’s words – the GFI co-founder merely “spent two years as a guest of her Majesty” as a result of “an altercation where a man sustained a head injury and died in hospital three days later”. The company’s co-founder has since “done a lot of charity work”, added Shezi.
The convictions for manslaughter and drug dealing came under the name ‘David van der Riet’, with the photo used during the 2011 conviction matching those of George’s current Facebook account:
The BBC reported in July 2011 [that link is worth a read] that David van der Riet admitted to manslaughter and being in possession of drugs, with the intention of supplying them, during a case at the Old Bailey in London.
Shezi has since said that George / David has little to do with GFI any longer, although Facebook posts as recently as August 19 show van der Riet leading a GFI course.
Whatever you make of all this you have to think Shezi should have had his ducks in a row before he let himself be paraded around in front of the national media. Any little skeletons were always going to be dug up, although having a convicted criminal as a business partner and using other people’s accounts to toot your own horn ensured no one had to look all that hard.
I am amused at how certain publications simply copy “news” that was and then call it news again without adding anything extra. Don’t believe everything you read in these tabloid style publications. Shezi did say the R30 million account was not his. He did not say that it didn’t belong to someone at GFI. Yes someone did die as a result of trying to rob me in the street with a knife and a friend. I punched him once and if the situation came up again I would do exactly the same thing. Dealing drugs lol People who know me know how absurd that is, but when given the opportunity of a reduced sentence for pleading guilty to all charges, I did what most people would. I sucked up my pride and took the deal by pleading guilty.
What does this have to do with the fact that I helped a young man from a disadvantaged background become a millionaire and uplift his community by passing on the skills that I gave to him? About just as much as there is news in articles like these.
David George van der Riet.
we all have our faults, keep up the good work you are doing!
Hats off, everyone has a past….u have chosen to do good by investing in a young man’s life..Shezi is lucky to have u as a mentor.
Latest News.
Dream Opening At SA’s Premier Cookery School (Preferred By Gordon Ramsay And Jamie Oliver)
Apart from owning a restaurant, I don't know too much about cooking, but I do know a thing.
End Of Year Address By Seth Rotherham.
This year's delivery takes place at Cabine du Cap, as we escape the masses descending upon.
Cape Town’s Latest Boutique Hotel Is Doing Things Very Differently.
[imagesource:here] We're pretty stoked with the fact that we work in the heart of Cape .
Bismarck’s Brawl, Vincent Koch’s Baywatch Moment And The ‘Ball Of The 21st Century’ [Videos]
The last time we featured Bismarck on 2OV, he was singing the praises of Grundfos water p.
The Nurdles Have Arrived In Cape Town – Here’s What You Can Do.
Whether you have set your sights set on Plettenberg Bay, Knysna, Hermanus or even Milnerto.
Комментарии
Отправить комментарий