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Lebo Gunguluza Biography, Age, Net Worth, Ex-wife, Divorce, Business, House & Cars

Basic Information

Stage Name: Lebo Gunguluza
Real Name: Lebo Gunguluza
Occupation: Entrepreneur
Date Of Birth/Age:
Place of Birth: Cape Port Elizabeth, South
Gender: Male
Nationality: South African
Marital Status: Divorced
Education: University of KwaZulu Natal (Bachelor of Commerce)

Lebo Gunguluza Biography

Lebo Gunguluza is a South African businessman and chairman of Gunguluza Enterprises and Media group (GEM). He’s considered a cat with nine lives because his company had collapsed at some point.

But he didn’t collapse with the company. Instead, he learned from his bad decisions and relaunched himself in the business world, creating new success this time.

Thanks in part to his entrepreneurial spirit and successes, he The Millionaires Club Leadership Award, the Heritage Youth Entrepreneur Award, and the Bethesda Business award for his contribution to the development of entrepreneurship in South Africa.

Age

Lebo Gunguluza’s age has been a subject of speculation out there. Naturally, the businessman would be bothered about the age thing. He’s said to be going to 50 – or just a little above that.

Net Worth

Lebo Gunguluza is one of the wealthy South African entrepreneurs out there. He wouldn’t be caught dead discussing his net worth, but the word out there is that he has a net worth of $ 1.2 million.

Ex-Wife

Lebo Gunguluza has not one but two ex-wives. Not much is known about his first wife, but his second wife is a reality television star named Lebo Jojo Mokoena. The couple got married in 2000 in a lavish ceremony and divorced eight years later, in 2008.

Divorce

Lebo Gunguluza was previously married to Real Housewives of Johannesburg star Lebo Mokoena. That was in 2000. The marriage lasted eight years, and then the couple had separated quietly.

Much later, in an Instagram post, the businessman announced that he and his wife were getting a divorce via a statement on Instagram. He admitted that the public speculation about their separation was true.

Although currently separated, he’d noted they remain good friends and will be co-parenting their son.

Before his marriage to the woman with whom he shares the same first name, he was married to another woman whose details are still sketchy. However, she was reported to have taken over a management role at Primi Piatti, a restaurant in Rosebank, transforming it into a big success.

At the time of writing, then, Lebo Gunguluza is twice divorced.

Business

Lebo Gunguluza has got his hands in several piles. First, he’s the executive chairman of Gunguluza Enterprises and Media group (GEM). The interest of the group spans hospitality, IT, and media.

With the success of the GEM came what he would later describe as bad decisions. He bought several cars and hired staff based on looks.

While he was away on a foreign trip, GEM took a hit, and its value crashed. This made some clients divest from the group. As a result, Gunguluza Enterprises was seriously in debt and had to sell some of his assets, including a Porsche.

In 2020, he was reported to be broke and unable to make complete payment on a car he bought for his girlfriend, but he clarified that when he broke up with her, they agreed that she should continue with the instalments on the vehicle.

House & Cars

Lebo Gunguluza might be rich and famous, but details about his house are just not out there. That notwithstanding, he’s said to live in a mansion fit for a chairman.

The business executive also loves cars – a reality he’s not afraid to admit, and fans have already noticed his success. Among the vehicles he’s said to own are a Bentley, a Porsche, as well as a Lamborghini

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