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Freedom Phuthuma Nhleko (born 7 April 1960), known professionally as Phuthuma Nhleko, is a South African businessman who is currently the Executive Chairman of the MTN Group.
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This company sells GSM mobile networks.
You are watching: Phuthuma Nhleko Biography: Age, Wife, House, Net Worth, Family, Books, Salary, Contacts, Wealth, Wikipedia
He is also the chairman and one of the founding members of Worldwide African Investment Holdings.
Africa Holding Global Investments interests include oil and gas, information technology and telecommunications.
With his hard work and planning, Phuthuma Nhleko built the company to a book value of approximately R3.3 billion Rands investment.
He rose to fame as executive chairman of MTN Group Ltd from 2006 to 2016.
He played a key role in the development of MTN Group, which is now the largest GSM Mobile Network in Africa.
South African businessman
Phuthuma Nhleko![]() |
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First and last name: | Phuthuma Nhleko Freedom |
Stage name: | Phuthuma Nhleko |
Born: | April 7, 1960 (64 years old) |
Place of birth: | Kwa-Thema, Springs, South Africa |
Children: | Nonkululeko Nhleko, Nosipho Nhleko, Fikile Nhleko, Mpumelelo Nhleko |
Nationality: | South Africa |
Parents: | do not apply |
Height: | do not apply |
Siblings: | do not apply |
Wife • Spouse: | Nontokozo nee Sibiya (d. 1989) |
Job: | Businessmen |
Net value: | 120 million USD |
Early life
Phuthuma Nhleko was born in Gauteng, South Africa on 7 April 1960.
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He attended St. Marks in Swaziland for high school.
He went to the US to attend college at Ohio State University, where he graduated with a bachelor’s degree in civil engineering in 1983.
He earned an MBA in Finance from Atlantic University in 1987.
Phuthuma Nhleko enjoys participating in a work environment that has prepared him for the challenging life situations required.
He is not easily discouraged and always wants to become a businessman without having to shy away from the risks involved.
Career
Phuthuma Nhleko’s first job was with the Ohio department of transportation, as a Civil Engineer. He retracted his statement that he wanted to study further, which led to him earning an MBA from the University of the Atlantic.
Phuthuma Nhleko was the chairman of MTN Group for ten (10) years and during his time, MTN Direct expanded their operations from just 5 African countries and moved into 21 (21) African Countries and Middle East.
In addition to heading the MTN Group, Phuthuma Nhleko is also the chairman of the African International Investment Company. He resigned as Chairman of MTN Group in March 2011.
Phuthuma Nhleko also has a company called Arostyle Investments. An essential part of his career was the founding of Pembani Group Proprietary Limited with the late Max Maisela and others in 1994.
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He went on to found Afric Oil in 1995 with Beki Shongwe at the helm. According to the group’s annual report, at the end of 2015, Phuthuma Nhleko owned more than 2 million shares.
Personal life
Phuthuma Nhleko is a very hard-working man and considers family essential and essential to his success.
He is married to Nontokozo nee Sibiya and he has a strong belief that his wife is instrumental in his success.
Phuthuma Nhleko has four children (three girls and one boy), Nonkululeko Nhleko, Nosipho Nhleko, Fikile Nhleko and a handsome son Mpumelelo Nhleko.
Taking on a huge family responsibility and a demanding career was not easy for him.
However, he still considers it an imperative responsibility to balance the two and continuously take care of them effectively.
He believes that family is essential to a man’s growth and success and therefore the pursuit of something else should not be overlooked.
Net value
Phuthuma Nhleko is the fourth richest person in South Africa estimated to be worth about $120 million.
It also needs to be added that in addition to Phuthuma Nhleko’s business and investment activities worth $120 million, his house alone is also worth $160 million.
Source: https://anhngunewlight.edu.vn
Category: Biography