Sibonile ngubane biography age wife children cars

Sibonile Ngubane is a South African businessman and entrepreneur, best known as the founder and CEO of the popular South African fast-food chain, Steers. Here's a brief biography of Sibonile Ngubane:

Early Life and Education

Sibonile Ngubane was born on August 12, 1964, in Durban, South Africa. He grew up in a humble family and was raised by his parents, who were both entrepreneurs themselves. Ngubane's parents instilled in him the value of hard work and entrepreneurship from a young age.

Ngubane attended Durban's St. Henry's Marist Brothers College and later studied at the University of Natal, where he earned a degree in Business Administration.

Career

After completing his studies, Ngubane joined the family business, a small food outlet in Durban. He worked tirelessly to grow the business, and in 1986, he founded Steers, a fast-food chain that would eventually become one of the most popular in South Africa.

Under Ngubane's leadership, Steers expanded rapidly, and the company went public in 1997. Today, Steers has over 500 outlets across South Africa and employs thousands of people.

Personal Life

Sibonile Ngubane is married to his wife, Thembi Ngubane, and they have three children together. The family is known for their philanthropic efforts, particularly in the education sector.

Cars

Ngubane is known for his love of cars and has a impressive collection of luxury vehicles. He owns a range of cars, including a Mercedes-Benz S-Class, a BMW X5, and a Range Rover.

Net Worth

Sibonile Ngubane's net worth is estimated to be around R1.5 billion (approximately $100 million USD), making him one of the richest entrepreneurs in South Africa.

Awards and Recognition

Ngubane has received numerous awards and recognition for his entrepreneurial achievements, including the Entrepreneur of the Year award at the 2013 South African Entrepreneur of the Year Awards.

Philanthropy

Ngubane is a strong believer in giving back to the community, and he has supported various charitable initiatives over the years. He has also established the Steers Foundation, which focuses on education and youth development.

Overall, Sibonile Ngubane is a successful entrepreneur and businessman who has built a reputation for his innovative approach to business and his commitment to giving back to the community.