Kenny Kunene South African Multimillionaire Business Man, a teacher by profession. Yes, Another South African who has made from rags to riches and an inspirational hero to the world.
Executive and Shareholder of mining company Central Rand Gold
Owns of Club ZAR and various Companies including an investment entity with overseas business partners
Director of a publishing company, X-Concepts
History behind Kenny Kunene
Born in Kutlwanong township, He studied teaching degree at Vista University, currently name: Central University of Technology) at the Welkom Campus. Growing up, he never liked school, but his grandparents forced him to at least finish his first degree. he grow up always loving business and in high school he used to sell fruit. During weekends helped out at a township tavern. he also worked as a teacher and loved it because It was making a difference to young kids.
Car Kenny Owns:
911 Porsche Carrera, GTS Porsche Cayenne and a BMW 1Series,Lamborghini,Mercedes SLK 55, an Audi R8, a Porsche Panamera.
How Kenny Kunene made it from Rags to Riches:
He was jailed at Grootvlei Prison in the Free State for six years for fraud in 1997 and he plotted his rise to riches here while literally on his knees, In jail, Kenny Kunene says, he earned R22 a month making tea for the warders at Grootvlei Prison, and other cash and goods working for Gayton McKenzie “in the smuggling business”. On his release in 2003, he declined numerous invitations to take part in robberies and scams, despite having only R3000 in his bank account. In 2004, he earned a small wage as the agent for a man selling refurbished desks and stationery to schools in the Free State. Later that year, he used his old contacts to arrange discounts on equipment for a partner starting a nightclub in Odendaalsrus, and earned a stake in the business. In September 2005, he got a teaching job at Calculus Secondary School in Bloemfontein, teaching life orientation and English, for which he earned R3000 a month. He bought an old VW Golf, but had to put it on blocks. In 2006, with less than R10 000 in assets, he struck a deal with Gayton McKenzie to form X Concepts Publishing and to promote and sell McKenzie’s prison biography. They also began a fish company with four trucks and a refrigerated warehouse, and later sold it “for profit”. Kunene became rich in 2007 selling tickets for McKenzie’s motivational talks to companies for “big money” and also advised people on “holes” in their home security for a fee. A portion of the money they made from the book sales was invested in a “mine consultancy business”. Benefactor Greg James’s company, CRG, hired Kunene on a large contractor’s salary. He does not deny that he received share options allegedly worth hundreds of thousands of rands. In February 2008, he was appointed a senior manager of community relations at CRG. He bought a multimillion-rand Sandton apartment and a Porsche 911, using a number plate that read “What now?” as a taunt to prisoners who said he could not afford the car without resorting to crime. Applying business lessons he says they had learnt from mentors, James and Gavin Varejes, Kunene and McKenzie attracted foreign investors and became part owners of “about three, four companies”; and In February 2010, the pair began mining operations in Zimbabwe. Kunene says they are in the process of securing R140-million in start-up funding from foreign investors for a R700-million mining project “in another African country” and plan further ZAR clubs in Durban and Mozambique. Kenny Kunene spent USD100,000 for his 40th birthday bash! There’s no stopping Joburg tycoon Kenny Kunene. Hard Work Pays Off!!!
Word from Kenny Kunene:
“The reason why everybody is questioning my income is maybe they have limited knowledge of the business world,”. “Or they are lazy – they like salaries, and to bask in the sun, and people must come and say ‘there is a tender’.