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Saturday, September 23, 2023
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Vivian Reddy Net Worth: How Rich is the South African Businessman?

by Sean Njiru
19/09/2023
in People
0
Reddy

South African businessman Vivian Reddy PHOTO/Forbes Africa

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Vivian Reddy is a prominent South African businessman and philanthropist.

He was born on 18 August 1955 in Durban, South Africa.

Reddy is the founder and chairman of the Edison Power Group, a leading energy company in South Africa.

He is also the founder and chairman of the Durban-based investment holding company, the Edison Group.

Reddy is known for his entrepreneurial spirit and his ability to identify and capitalize on business opportunities.

He started his career in the 1970s as a small-scale property developer and has since built a successful business empire spanning various industries, including energy, property development, hospitality and gaming.

In addition to his business interests, Reddy is also a well-known philanthropist.

He has established the Vivian Reddy Foundation, which focuses on education, healthcare and poverty alleviation in South Africa.

The foundation has funded numerous projects, including the construction of schools, clinics, and community centers.

Reddy has received numerous awards and accolades for his contributions to business and philanthropy.

He was awarded the Order of the Baobab by the South African government in 2014 for his contribution to the country’s economic development.

Reddy was also named the South African Business Leader of the Year in 2015 by the South African Chamber of Commerce and Industry.

Vivian Reddy net worth

Reddy is considered the wealthiest business mogul in Durban, with an estimated net worth of R1.9 billion as of 2023.

He has an impressive car collection and mansion in the wealthy suburbs of Durban, but he is not known for showing off his wealth.

Vivian Reddy career

Reddy started his career in the early 1980s as a businessman in the construction industry.

He founded Edison Corporation, a construction company that focused on building low-cost housing for the government.

Reddy also ventured into the hospitality industry, opening a hotel in Durban.

Over the years, he has diversified his business interests and has become a prominent figure in various industries.

Reddy is the founder and chairman of the Edison Group, a diversified investment company with interests in construction, property development, hospitality and gaming.

He is also the founder and chairman of the South African Oil and Gas Alliance, which promotes the development of the oil and gas industry in South Africa.

Reddy is known for his philanthropic work and has made significant contributions to various causes.

He is the founder and chairman of the Cyril Ramaphosa Foundation, which focuses on education, health and rural development.

Reddy has also established the Vivian Reddy Family Foundation, which supports various charitable causes, including education, healthcare and poverty alleviation

His contributions to various industries and his philanthropic work have earned him numerous awards and recognition.

Reddy has been awarded the Order of the Baobab, one of South Africa’s highest honors, for his contribution to the country’s economic development.

He has also been recognized by various organizations for his philanthropic work.

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