A look at MaMkhize’s fortune worth millions

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Celebrated businesswoman Shauwn Mkhize, affectionately known as MaMkhize, is making headlines due to her tax woes with the South African Revenue Service (SARS).

Earlier this week, SARS, with the assistance of the police and other state agencies, raided her Durban home.

TAXMAN RAID SHAUWN MKHIZE‘S DURBAN MANSION

According to the latest reports, the businesswoman owes SARS around R40 million in unpaid taxes.

Last year, MaMkhize reportedly had an R12.7 million debt, but it ballooned to R37 million after being ordered to pay former Royal AM star Samir Nurkovic’s two-year contract in full.

Against the news, SARS confirmed their recent raid. The taxman revealed that the raid was part of its ‘effort to combat tax evasion and criminal activities that undermine the country’s economy.’

The publication has since established that the raid was done to preserve and secure assets from the businesswoman who has been avoiding the taxman on several occasions.

Earlier this year The South African reported that the SARS was failing to close down on MaMkhize after they had obtained an execution order against Royal AM and MaMkhize.

At the time, reports stated that ‘at some point, there was a standoff between two security companies when the SARS tried to seize some of her assets.’

Social media is abuzz after several videos of the flashiest cars being towed made rounds on X. Some users even referred the fleet to MaMkhize’s, but there is no official confirmation yet.

Many are still trying to determine whether MaMkhize is failing to settle the debt; her fortune has since been implicated in the mix.

A LOOK AT MAMKHIZE’S FORTUNE WORTH MILLIONS

Against the trends, The South African has since connected the dots about MaMkhize’s fortune, worth millions.

BUSINESSES

She is a celebrated tenderpreneur and business mogul. MaMkhize reportedly owns a construction company, Zikhulise Construction.

In recent years, the company has won several government contracts. It has won several tenders from the eThekwini and KwaDukuza councils, where it has won several tenders over the years to construct RDP houses.

In addition, she is the owner of Royal AM’s South African Premier League club, which plays in the top flight.

PROPERTIES

Little is known about her rumoured properties except for her mega-mansion in Durban La Lucia. However, reports have it that she also owns properties in Johannesburg’s leafy suburb of Sandton.

However, the African Times reports that MaMkhize also owns farms in Pietermaritzburg.

FLASHIEST CARS

In recent years, MaMkhize and her son Andile Mpisane have flaunted some of the world’s most expensive cars. They reportedly own one of the biggest car fleets in South Africa.

Her fleet is worth over R55 million, and some of the cars include:

  • Rolls-Royce Cullinan Black Badge – R16 million
  • Ferrari 612 Scaglietii – R3 million
  • Rolls-Royce Ghost – R4.5 million
  • Rolls-Royce Phantom – R6 million
  • Bentley Bentayga – R3 million
  • Dodge RAM 2500 Heavy Duty – R1 million
  • Mercedes-Maybach S-Class S650 – R3.6 million
  • Aston Martin DBX – R3.6 million
  • Lamborghini Huracan – R4.5 million
  • Mercedes-Benz G63 AMG R2.4 million
  • BMW 4 Series Convertible R1.2 million
  • BMW i8 – R3 million
  • Land Rover Defender 90 – R1 million

COULD THIS BE THE FALL OF MAMKHIZE?

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