Sisa Ngebulana is a prominent South African businessman and founder of Billion Group and Rebosis Property Fund. Established in 1998 and 2010, these companies highlight Dr. Ngebulana’s impressive entrepreneurial skills and leadership abilities.
As founder and CEO of both companies, Dr. Ngebulana has built a remarkable professional portfolio, leveraging his business prowess to build relationships valuable to famous figures around the world.
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- Full name: Sisa Michael Ngebulana
- Stage name: Sisa Ngebulana
- Year of birth: 1966
- Age: 58 years old
- Place of birth: Mthatha, Eastern Cape, South Africa
- Nationality: South African
- Occupation: South African businessman
- Height: Unknown
- Parents: Mr. and Mrs. Ngebulana
- Siblings: 4
- Spouse: Ayanda Zulu (m. 2019)
- Children: Sisa Ngebulana Junior
- Relationship: Married
- Net worth: R400 million (about $20 million)
Early life and education
Sisa Michael Ngebulana was born in 1966 in Mthatha, Eastern Cape, South Africa, to parents Mr. and Mrs. Ngebulana. He grew up with four siblings, whose names remain private.
Sisa pursued further studies at Fort Hare University, where he obtained a Bachelor of Laws (LLB) degree. He continued his studies at the University of Natal and completed a Master of Laws (LLM) at the Rand Afrikaans University (now the University of Johannesburg). Although his ethnicity is black, his religious beliefs are not public.
Career
Sisa Ngebulana is a successful businessman who has had a significant impact on South Africa’s real estate industry. In 1998, he founded Billion Group, a real estate investment and development company. He then founded Rebosis Property Fund Ltd. in 2010, the first black-managed real estate investment trust (REIT) was listed on the Johannesburg Stock Exchange (JSE).
Throughout his career, Ngebulana has held notable positions, such as chairman of the South African Council of Shopping Centers (SACSC) and director of organizations such as the Attfund group, Truworths International and the Industrial Development Board Construction (CIDB). He was instrumental in the development of various regional shopping centers across South Africa, including:
- West Abacus Bay City
- Forrest Hill City
- Hemingways shopping center
- BT Ngebs City
- Mdantsane City
Despite its success, Ngebulana still faces many challenges, including a significant debt burden at Rebosis Asset Fund, which has exceeded R10 billion. This financial stress has led to asset sales and investor dissatisfaction. However, his tenacity and determination cemented his reputation as the leading real estate tycoon in South Africa.
Social Media
- Instagram handle: Sisa Ngebulana
- Facebook manager: Sisa Ngebulana
- Twitter name: @sisa37Official
Personal life
Dr Sisa Ngebulana is married to Ayanda Zulu, with whom he had a traditional wedding in December 2019. From his previous marriage to Refiloe, he has two children, including single-handed Sisa Ngebulana Junior race. Details about his remaining child are still kept private.
Net worth
Dr. Sisa Ngebulana is a successful businessman with an estimated net worth of R400 million (approximately $20 million) as of 2024. His wealth stems from his expertise in property development and investment property as founder and CEO of Billion Group Limited and Rebosis Property Fund Limited. .
