Thabo Bester Net Worth: A Breakdown On How He Made His Money - Mamzanzi (2024)

Call him a Machiavellian, a citizen of the country; one thing is clear, Thabo bester is a man whose ingenuity propelled his net worth to more than R30 million rands.

A closer microscopic look with the eyes of the lens in this piece is aimed to help dissect the phenomenal rise of this financial cum con man, his vast known assets and the hidden secrets to his mammoth net worth in rands.

Thabo Bester Net Worth: A Breakdown On How He Made His Money - Mamzanzi (1)

Born on the 13th of June 1986 in Johannesburg, Thabo bester carved a niche of fraudulent identity, masked criminal mindset cloned in deceitful smile that sway hundreds of people into his seemingly genuine business entities and operations.

With lots of high net worth items, equipment, cars and properties confiscated by the South African authorities, the man, nicknamed, the evil genius and mastermind of vague business entities, came into the limelight of public scrutiny.

With all things in life, like William Shakespeare of the 17th century who famously said and I quote ; Suit the action to the word, the word to the action’; this words depicts the enigmatic character of Thabo bester.

On April 2023, the month Thabo bester was arrested in Tanzania, his lawyer presented valuable items worth R40 million that he said his clients said they were taken from him by the authorities.

On detailed scrutiny of the items presented, 60 percent are Apple related products ( e.g. iPhone 14 Pro Max, worth R36,000 at that time) and other related high end valuable products, the cheapest being Tom Ford sunglasses valued at R9,500 and the most expensive item being 2 Rolex Oyster watches each costing R2.6-million

In addition to this claims, Thabo bester attorney, Kabelo Matee said cash of various denominations were also taken from him; the lowest being R295,000 and the highest being 150,000 Swiss Francs ( R3.2-million). The implication to this is that this man has significant amount of financial capital as well as access to global financial markets.

Now, these values, either true or false contributes significantly to the estimation of Thabo bester net worth in rands to the tune of more than R30 million.

Further investigation into his revealed business dealings, assets, investments and properties further fueled this R30 million net worth figure as a considerable estimate.

I will delve into more details below:

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Bester’s financial situation is inextricably connected to his illegal activities, which include the administration of fraudulent businesses and schemes.

The following are some argumentative narrative on the extrapolated R30 million Thabo bester net worth:

  1. The fact that he and his fiancee, Dr. Nandipha Magudumana, were involved in the operation of a fake building firm known as “Arum Properties” is evidence of a pattern of exploitative behaviour for the purpose of establishing financial advantage.
  2. The fact that Bester was able to carry out such schemes while he was jailed is proof of his expertise in complex criminal operations, which means his financial worth should be up to 30 million rands.
  3. In terms of real estate, Bester was the owner of a variety of expensive properties that were taken into custody following his arrest. These assets were seized throughout the course of his arrest.
  4. The fact that he is able to sway public opinion and deceive regulatory bodies demonstrates the scope of his illegal activities.
  5. The fact that Bester has managed to amass riches and maintain a sumptuous lifestyle despite being incarcerated highlights the inherent challenges associated with dealing with sophisticated white-collar crime.

How Did Thabo Bester Make His Money?

Thabo Bester Net Worth: A Breakdown On How He Made His Money - Mamzanzi (2)

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Despite just attending Laerskool Danie Theron in Kibler Park South of Johannesburg up until grade 7, Thabo bester had manipulative skills and high IQ, a fact that his teacher confirmed by saying he was smarter and intelligent than his peers.

His manipulative endeavours targeted the vulnerable and elderly and he was able to kick off the accumulation of ill gotten wealth right from a very young age.

It is on record that while he was serving Jail sentence owing to his conviction as a rapist and murderer, the genius instinct in Thabo bester made him to start and launch 21st century Media.

With this vague media entity, he was able to con and milk people of their hard earned money!!

Without mincing words, it is noteworthy to say here that thabo bester net worth is shrouded in seemingly complex and highly intricate interconnecting chains of deceit, smart cunny outlook and potent savvy financial opportunities.

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Thabo Bester Net Worth: A Breakdown On How He Made His Money - Mamzanzi (3)

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Thabo Bester Net Worth: A Breakdown On How He Made His Money - Mamzanzi (4)

Once again, the ingenuity of Thabo bester came into play when he orchestrated a smart escape from Jail. Though, he was supported by his associate, Nandipha Magudumana and some few character stained Jail officials, he became the James bond of our time by escaping into thin air.

In what was perhaps a display of his buoyant R30 million net worth value, he gave out valuable sums of money ( an approximate total sum of forty thousand rand) to this bad character of Jail officials to help him escape from the Mangaung Correctional Centre.

After Bester had successfully escaped, his illegal financial operations came to light, revealing the entire extent of his fraudulent endeavours and the fortune that he had obtained via dishonest means.

Thabo Bester Net Worth: A Breakdown On How He Made His Money - Mamzanzi (2024)

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