Entertainment & Lifestyle blog in South Africa!

Kaizer Motaung Net Worth

0

Kaizer Motaung Net Worth

Kaizer-Motuang-net-worth

Kaizer Motaung Net Worth

Kaizer Motaung Net Worth is $50 million. Born on 16th October 1944 in Soweto, South Africa, Kaizer Motaung is a former football phenomenon and the founder of one of the richest football club of South Africa, the much loved ‘Kaizer Chiefs’. He founded the club in 1970.

However, soon had to give up the control of the club when he had no alternative but to sell 40 percent stake to media giants Primedia in 2004 at an approximate cost of R40 million. But a persistent winner, he recouped back the 40 percent share sold to Primedia in 2010 at a price worth of over R70 million. Kaizer Motaung’s net worth in 2015 was estimated to be around $50 million.

Kaizer Chiefs today has matured and emerged as one of the biggest football brands in South Africa with Kaizer Motaung himself becoming a brand ambassador for Kaizer Chiefs’ approach both inside and outside the organization. Most soccer players dream of playing for Kaizer Chiefs or one of the other big clubs like Orlando Pirates.

READ: Siphiwe Tshabalala net worth

Young Kaizer dreamt of pulling on the black and white strip of the legendary Soweto club Orlando Pirates which he realized at the age of sixteen. In 1968, Phil Woosnam, manager of Atlanta Chiefs in the recently formed North American Soccer League (NASL), US noticed him in his hunt for new talent. Motaung was recruited post trials held in Zambia. Rest is history.

Kaizer Chiefs today is a huge force in soccer, undoubtedly one of the biggest soccer brands,and Kaizer Motaung’s net worth will only get better in 2016 and beyond.

Disclaimer: Only based on estimates

Leave A Reply

Your email address will not be published.