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Billionaire: DJ Shimza’s Net Worth And Lucrative Businesses

DJ Shimza boasted about being a billionaire after sharing a photo of his incredible bank balance… South Africans, including rapper Cassper Nyovest, are envious!

The musician, real name Ashley Raphala, responded to a tweet from an industry colleague who expressed his desire to make his first billion dollars.

SHIMZA NET WORTH
Despite boasting about having over R1 billion in his Nedbank bank account – which he later claimed was not true, the DJ is worth much, much less than that.

According to Briefly, Shimza is worth $5 million – roughly R90 million.

The publication reports that DJ Black Coffee is the real billionaire with a fortune of $60 million (R1,1 billion).

Last month, The South African reported that Cassper was listed as one of Mzansi’s richest rappers, with a net worth of $6 million (R110 000).

5 WAYS HE MAKES HIS MONEY

While he may not be a billionaire, Shimza is an astute businessman.

Here are five ways he makes his money.

DJ gigs

In a tweet posted in August 2022, Shimza revealed he charges between 7000-10000 Euros (R136 000- R195 000) per gig.

Kunye music festival and Kunye Records

Shimza is the brainchild behind a music label and a popular annual festival – first launched in 2021 – which he called “Mzansi’s Coachella.”

Hang Awt restaurants

Shimza first opened his Tembisa restaurant in 2019. Following its success, he opened another branch in Midrand in 2021.

A trucking and logistics business

In early 2021, Shimza revealed he started a trucking business named Lekganyo, named after his daughter, whom he shares with an unknown ex-girlfriend.

Endorsement deals

Shimza is the ambassador for multiple brands, including alcohol brand Ballantine, Amstel, and clothing label Diesel.

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