Forex trading is the largest financial market in the world. Therefore, it’s a place where traders can seek financial success. With such great influence, forex trading South Africa is also at an all-time high, with stories of many successful traders. You must know these moving stories as a novice, professional or trading enthusiast.
So, let’s uncover the five richest forex traders in South Africa to follow.
1. Jabulani Ngcobo
Jabulani Ngcobo is a story which should reach the masses. The 37-year-old man has around an estimated $2.4 billion worth. Initially, he was a simple labourer at Toyota, maintaining doors for eight months.
In 2006 he left to open his company which dealt with debt. In 2009, he opened the company known as Cashflow Pro. Being one of the millionaires in South Africa, he is a motivational speaker too. His book Cashflow Naked talks about the secrets of financial wisdom and much more.
2. Ref Wayne
Ref Wayne’s story is inspiring and very motivating. He experienced a lack of career growth possibilities in his childhood. His zest to become successful made him one of the most popular names in forex trading. Moreover, his net worth is around $500 million.
He is popularly known as “Pip Lord” due to his tactics. Also, he is the author of many books and has founded the African Forex Institute. Moreover, through his books and programs, he shares valuable lessons and strategies to teach finance and forex trading.
3. Shaun Benjamin
Shaun Baeajim is one of the influential names in trading who achieved success at a very young age. At 21, he won his first million Rand. He pursued engineering but had to drop out due to financial limitations. At 23, he was the CEO of Benjamin Forex Academy and director of the Benjamin Investment Group (Pty) Ltd. Moreover, his net worth is around $100 million.
4. Louis Jr Tshakoane
Louis Jr Tshakoane is another self-made millionaire from South Africa. Unlike all others, he has a good financial background. However, he worked hard to achieve success in forex trading.
Plus, he is the founder and CEO of Undercover Millionaires Currency. Moreover, he had written the famous Forex Millionaire in 365 Days by God’s Grace, one of the best-selling books.
5. Sandile Shezi’s
Sandile Shezi can be called one of the youngest self-made millionaires in South Africa. He loved forex trading from a young age and used his fees to trade. Luckily, it went well for him. Hailing from Durban, he had witnessed some ups and downs. He founded the Global Forex Institute, which teaches his exceptional skills and tactics to other inspiring people. His net worth is around $22 million.
This was all by the richest forex traders in South Africa. The vibrant trading culture in South Africa is perfect for many people to invest and trade. Of course, the market is sometimes volatile, but it can be profitable with good tactics. Moreover, you can learn a lot from these influential people’s history, tactics, skills, and suggestions. So, explore all of them to improve your tactics at forex trading.