Sandile Shezi Net Worth: From Forex Trader to Millionaire

Sandile Shezi is a well-known South African entrepreneur and trader who has achieved success in the currency market. He is known as one of South Africa’s youngest self-made millionaires and has received recognition for his entrepreneurial success and contributions to the financial industry. This article provides an overview of Sandile Shezi Net Worth, early years, career, and controversies.

Sandile Shezi Net Worth

Early Years

Sandile Shezi was born May 26, 1993, in Durban, South Africa. Shezi had a strong interest in entrepreneurship and the financial markets at an early age. He used to attend forex trading seminars and study books about the subject, which helped him improve his abilities and knowledge of the sector.

Shezi attended Durban University of Technology (DUT) and earned a National Diploma in Public Relations and Applied Communications.

Career

Shezi’s enthusiasm for trading began at an early age. He utilized the money he made selling muffins to start trading forex. Shezi learned the trade by putting his own and his friends’ tuition expenses at risk. He discovered a mentor in George Van der Riet, a seasoned trader with fifteen years of expertise.

They formed the Global Forex Institute together, with the goal of reducing unemployment and providing financial education to South African youth. The institute has mentored over 10,000 students and has been recognized as South Africa’s leading forex training provider.

Philanthropy

Shezi founded the Sandile Shezi Foundation, a non-profit organization dedicated to changing young minds and lives throughout Africa. The foundation focuses on education, health, and wealth, enabling Africans to contribute to their country’s growth.

Controversies

In 2019, accusations arose against Shezi for operating a pyramid scam following the launch of Global Markets, a cryptocurrency trading platform. Promoted through social media, the platform pledged significant returns to investors. However, the South African Financial Sector Conduct Authority (FSCA) investigated the platform and found it was not registered with them. Shezi denied any wrongdoing and said the site was not a scam.

Shezi was issued an arrest warrant in October 2021 for allegedly scamming a client of 500,000 South African Rands. Despite the controversy, Shezi remains an important figure in the financial business.

Frequently Asked Questions About Sandile Shezi

1. Who is Sandile Shezi?

Shezi is a South African entrepreneur, trader, and motivational speaker.

2. How old is Sandile Shezi?

Shezi was born on May 26, 1993, which makes him 31 years old.

3. How did Sandile Shezi start trading?

Shezi started trading while he was still in college. He used his tuition fees to invest in the stock market and eventually moved on to Forex trading.

4. What is Sandile Shezi’s net worth?

Sandile Shezi’s net worth is around $2.3 million.

5. How can I learn Forex trading from Sandile Shezi?

Shezi offers Forex trading courses through his company, the Global Forex Institute.

6. What is the Global Forex Institute?

The Global Forex Institute is a Forex training company founded by Sandile Shezi and his business partner, George van der Riet.

7. What courses does the Global Forex Institute offer?

The Global Forex Institute offers a range of courses, including a free beginners course, a full Forex course, and a mentorship program.

8. What are the fraud allegations of Sadile Shezi?

He faced charges of defrauding a former business partner of R500,000. Two additional alleged victims from Limpopo also claimed that he defrauded them.

Conclusion

Sandile Shezi is a successful entrepreneur and trader who has made a substantial contribution to the financial business. His humanitarian initiatives, through the Sandile Shezi Foundation, continue to have an impact on people’s lives throughout Africa. His narrative inspires both young traders and dreamers.