How did Julias Malema become a multi-millionaire?

How did Julias Malema become a multi-millionaire?
How did Julias Malema become a multi-millionaire?


How did Julias Malema become a multi-millionaire?

Julius Malema is a well-known world leader who was born on March 3, 1981, in South Africa. He presided over the South African National Congress Youth League from 2008 until 2012. He has a track record of holding contentious views and has already been adjudicated to have used hate speech. Astrologers claim that Julius Malema was born under the sign of the Pisces.

Julius Sello Malema is a politician from South Africa. He was born on March 3, 1981. He founded and serves as the party’s leader, Economic Freedom Fighters, which he founded in

From the time he was nine years old until his expulsion from the ANC in April 2012, when he was thirty-one, Malema belonged to the group. He occupies a conspicuously contested position in South African public and political life as a result of his support for ANC President and then South African President Jacob Zuma.

Both Zuma and Cassel Mathale, the Premier of the Limpopo Province, referred to him as the “future leader” of South Africa. He has received negative press for being a “reckless populist” who would incite racial strife and destabilize South Africa.


Malema was selected in 1995 to serve as the branch’s regional chairperson and chairman of the Seshego Youth League. After serving as the Limpopo province’s COSAS chairman from 1997 to 2001, he was selected as the organization’s national president.

In 2002, Malema accompanied students on a COSAS march through Johannesburg; the march was disrupted by acts of violence and looting.

Malema received 1,833 votes to Saki Mofokeng’s 1,696 in order to win the presidency of the ANC Youth League in April 2008. Due to the fraud and intimidation present, Malema later referred to the election and conference as having “unbecoming behavior.”

Julius Malema Net Worth

Julius Malema’s net worth is thought to be $3 million, or 45 million Rands. Malema has negotiated profitable business deals with a number of engineering companies and has had varying levels of financial success. However, he has been accused of transferring money into one of his trust accounts. The EFF leader also has a sumptuous property in Hyde Park, Johannesburg.

Julius Malema house

Some have questioned how EFF president Julius Malema was able to purchase his two luxurious residences.

Malema reportedly made a property purchase in Sandton’s affluent suburb. According to reports, he spent R3.6 million on the home.

He spent roughly R1 million on a house in Polokwane, which is his second abode. The three-bedroom Sandton house, which also has an office, a lounge, a pool, and a huge lawn, has been praised for its elegance.

The neighbors have complained about the loudness from his regular parties at this house. Malema travels in a black Mercedes Benz AMG, which has a R734 000 suggested retail price. He also has an Aston Martin and a Range Rover.

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