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Thabo Mbeki Is Worth R177.5m With No One to Leave His Fortune to: The Luxury Life Of The Former SA President 

Thabo Mbeki Is Worth R177.5m With No One to Leave His Fortune to: The Luxury Life Of The Former SA President 
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Thabo Mbeki ranks amongst the top 10 richest politicians in South Africa. The former head of state generated hi wealth over a lengthy and successful political career.

As of 2021, Thabo Mbeki is said to be worth around $11 million – which more or less R177.5 million depending on the exchange rate. Briefly News decided to take a look at the life and career of Thabo Mbeki and how he became one of the richest politicians in the country.

Early life and childhood:

On 18 June, 1942, Thabo Mvuyelwa Mbeki was born in Mbewuleni – which was also where he grew up. Mbeki is one of four kids of Epainette and Govan Mbeki. His father, Govan Mbeki, was an ANC stalwart who was sentenced to Robben Island in 1963.

Education

Mbeki obtained a secondary education at Lovedale, Alice. In 1959, Mbeki participated in student strikes which resulted in his expulsion. However, in the same year, he matriculated from the St. John’s High School. The former president went on to study towards an economics degree as an external student with the University of London. He later obtained his master’s degree in economics from Sussex University. In 1999, former South African president, Thabo Mbeki received his Honorary Doctorate from The Rand Afrikaans University only three months after he was inaugurated as the country’s president.

 

Source: OperaNews
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