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Basetsana Kumalo Net Worth 2024

Basetsana Kumalo net worth in 2024 is estimated at R201 million. She is one of the most successful businesswomen in South Africa.

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Basetsana Kumalo net worth

Basetsana Kumalo net worth 2024: Basetsana Julia “Bassie” Kumalo is a South African television personality, beauty pageant titleholder, businesswoman, and philanthropist. She was crowned Miss South Africa in 1994 and in the same year became the first runner-up in Miss World. Basetsana Kumalo net wrth is estimated at R201 million

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Early life

Kumalo was born in Soweto, South Africa. She and her two sisters and brother spent their early years helping to keep the family afloat, making sandwiches to sell at soccer matches every weekend. She attended Thabisang Primary School in Orlando West.

When Soweto was engulfed by student unrest in 1986 she was then sent to Trinity Secondary School where she completed her matric. She was then enrolled for tertiary education at the University of Venda, and majored in an Education

Career

While reigning Miss South Africa, she started presenting the lifestyle television programme Top Billing. Kumalo formed a partnership with the show’s producer, Patience Stevens. Tswelopele Productions was born with Kumalo owning a fifty-percent stake.

 In 1999, Tswelopele merged with Union Alliance Media and listed on the JSE Securities Exchanged SA, making Kumalo one of the youngest black women directors to be part of the mainstream of the South African economy. 

She is the Executive Chairperson of Tswelopele Productions and has produced through Connect TV and Tswelopele Productions various Television shows such as Top Billing.

Kumalo is the former President of the Business Women’s Association of South Africa. In 2008, Kumalo became a new Tawana shareholder through a transaction with her investment company Pro Direct 189.

She is the Spokesperson for Pampers UNICEF Tetanus campaign and part of the UNICEF Influential Women Circle, which consists of a group of some of the country’s most influential businesswomen, joined together to raise money to help protect the lives of the country’s most vulnerable children

In 2000, Kumalo launched her own clothing range under the label Stature Ladies wear by Bassie, distributed by Ackerman’s department stores across 240 outlets throughout Sub-Saharan Africa.

Basetsana Kumalo Net worth

Basetsana Kumalo net worth in 2024 is estimated at R201 million. She is one of the most successful businesswomen in South Africa.

Source: Glusea

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