Who is Mike Nkuna? Age, Son, Wife, Profiles, Contact Details, Net Worth

Mike Nkuna is a recognized personality in South Africa because of his status. He is Executive Chairman and Founder of Masingita Property Investment Holdings. Also, it has more than ten malls in Mzansi and many franchises in different cities across the country. All of these contributions have made this real estate tycoon an inspiring figure for people looking to venture into real estate development.

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Mike Nkuna is a notable South African businessman and property developer. Photo: @mikenkuna on Twitter (Edited by author)
Source: Twitter

Mike Nkuna’s significant contribution to the real estate development of Mzansi has captured the attention of the country and the world. His most notable contributions have been to rural and township development. But what most people don’t know is that he never had anything growing up. However, his humble beginnings did not define his future but led to abundance later in life. Here is his story.

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Profile and biography of Mike Nkuna

Full name Michael Khazamula Nkuna
famous as Real estate developer
Occupation Real estate magnate and businessman
Nationality South African
sexual orientation Right
Marital status Married
Spouse Amou Nkuna
Children Esley Hangi (deceased) and Lesley Bumba
Residence Johannesburg, South Africa

Who is Mike Nkuna?

Most people in Mzansi know him as a property tycoon with a chain of properties all over the country. His story accurately portrays a man who was born with little but built himself up to millionaire status.

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Biography of Mike Nkuna
Mike Nkuna comes from a modest background. He grew up raising cattle and helping his father’s butcher shop. Photo: @Instagram (Edited by author)
Source: Instagram

Mike Nkuna’s age

Unfortunately, his age remains a mystery. However, he is believed to have been born between 1950 and 1960, putting Nkuna’s age between 60 and 70. He was brought up in a modest family and grew up as a cattle rancher. Details of his siblings are unknown.

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How did Mike Nkuna make his money?

He did it through real estate development. The businessman ventured into business in 1979 working in his father’s butcher shop to help support his family.

Mike started a construction company to take advantage of the subsidies the apartheid government was offering to black residents at the time.

Its first breakthrough came in 1983 when the Municipality of Soweto offered to sell him a land for R100,000. He gladly accepted the offer and bought the land after securing a loan from the Perm Bank. At the same time, the BP petrol station approached the entrepreneur offering to buy the land from him.

However, he refused. Instead, he urged BP to help him develop the land into a small shopping center. After receiving an offer, he contacted Shell and, to his surprise, they offered him a better deal than BP.

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He went back to BP with Shell’s offer, forcing them to increase their offer. Although they raised him, this time they forced him to sign the papers on the spot. At this time, the tycoon realized the value and potential of commercial real estate.

He established a small mall in Soweto and the first organized mall in the region, for that matter, in 1986. Seeing its success, he was motivated to develop similar projects around it. Today, he has countless projects to his credit.

Properties of Mike Nkuna

The property mogul owns and operates numerous retail franchises and service stations across South Africa.

The strengths of Mike Nkuna
Real estate tycoon Mike Nkuna owns several properties including shopping complexes and malls. Photo: @mikenkuna on Twitter (Edited by author)
Source: Twitter

Some of the retail and gas station franchises under his name include:

  • Sasol Garage – Bosworth, Alberton
  • Garage Exel – Malamulele
  • Garage BP – Soweto
  • Shell Garage – Giyani
  • Shell Garage – Soweto

He is also a director and shareholder of Vlaming (Pty) Ltd. and the following companies:

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Sindawonye Granulators and Processors (Pty) Limited. Xisaka Investment and Trading (Pty) Limited.
Leopont 299 Properties (Pty) Ltd. Masingita Property Investment Holdings (Pty) Ltd.
Illungile Consulting Services. Periscope Masingita (Pty) Ltd.
Marble Group, which owns VW and Audi Center Polokwane. Auction Inc (Pty) Ltd.

Which malls does Mike Nkuna own?

Who owns Jabulani Mall and Masingita Mall? Such questions are common in South Africa as this entrepreneur is believed to own many malls. But are they his?

Here is a list of malls He owns:

  • Protea Glen Mall – Soweto
  • Bara Mall – Soweto
  • Diepsloot Shopping Center – Diepsloot
  • Jabulani Mall – Soweto
  • Masingita Mall – Giyani

The contractor also owns the following complexes:

Masingita towers Sandton
Makhado Crossing Sale
Aeroton Convenience Center Nasrec
Masingita Mall Giyani
MotorTown Giyani
Mangalani Convenience Center Giyani
Masingita Square Giyani
Mangala Convenience Center Soweto
Mangalani Shopping Center Malamulele

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Who is the owner of the Nkuna Kraal shopping center?

Most people think he owns the Nkuna Krall Mall because it bears his name. Additionally, speculation holds because he was spotted cutting a ribbon to open it.

However, most reports point out that the mall was built by Masingita Group of Companies, implying that they own it.

How rich is Mike Nkuna?

Although Mike Nkuna’s contact details and net worth are unknown, the value of some of his asset is known. For example, its Protea Mall was valued at R700 million in 2021, while its Jabulani Mall was valued at R1.4 billion.

If that doesn’t say enough about his worth, maybe Mike Nkuna’s cars, including expensive luxury cars, shed some light on his earnings. Most of his profiles estimate his worth be above R1.6 billion.

Who is Mike Nkuna’s wife?

She is known as Amu Nkuna. She identifies herself as CEO of Masingita Facilities Management Services according his LinkedIn profile. Not much is known about her union with the real estate mogul. However, they share children.

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Mike Nkuna's wife
Mike Nkuna is married to Amu Nkuna, CEO of Masingita Facilities Management Services. Photo: @mikenkuna on Twitter (Edited by author)
Source: Twitter

Unfortunately, one of Mike Nkuna’s sons, Esley, died on Monday, September 19, 2022. Although the mogul never revealed details of his death, he described Esley’s death as a moment of great sadness for him and his family. .

Mike Nkuna is a wealthy businessman from Limpopo province. Her story shows how hard work can take you from rags to riches.

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