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Irvin Khoza and Kaizer Motaung, owners of Soweto clubs, have recently topped trends. The Soweto Derby between Orlando Pirates and Kaizer Chiefs is regarded as one of Africa’s most important derbies.
Fans have linked Irvin Khoza and Kaizer Motaung’s net worth to the rivalry between their clubs.
THE NET WORTH OF ORLANDO PIRATES OWNER IRVIN KHOZA
According to Briefly, Irvin Khoza, a well-known football administrator and businessman, has a net worth of R200 million. In recent years, the Orlando Pirates owner has made a fortune from football. Many believe he has now surpassed the 200 million mark.
Apart from being the Chairman of the Orlando Pirates Football Club, he has also served as the Chairman and Vice-President of the DStv Premier Soccer League of the South African Football Association.
However, his rise to power within Orlando Pirates has often thrust him into top trends. Some reports have it that he didn’t buy the club, but it was given to him on a silver platter after it was in turmoil. Let’s dive into his alleged purchase of Pirates in a timeline.
- 1972 – Joined Pirates at the age of 24
- 1980 – Appointed as the junior secretary of the club at the age of 32
- 1991 – invited back to the club after he had left. He was 43 years old
- 1992 – Became Chairman and owner of the club at the age of 44
Apart from football, Irvin Khoza has other business investments, which include:
- Global Foreign Exchange
- Bophirimile Investment Holdings
- Nevisian Trading
- Marble Gold 261
- Boitshepo Investment
KAIZER MOTAUNG’S NET WORTH
It has always been his dream to own a club. He was the next big thing to South African football. Kaizer Motaung started his footballing career with Orlando Pirates before he was sold to Atlanta Chiefs. Despite scoring 32 goals in 63 games, he turned down a contract extension. He returned home to start his own team.
Years later, he has an estimated net worth of R1 billion. A considerable chunk of Kaizer Motaung’s net worth comes from Kaizer Chiefs. However, he also has several businesses under his watch, which include:
- Kaimot Investments
- Kaiser Investment Holdings Limited
- KMS Marketing Promotions
- Kaizer Chief Telecoms
- Kaizer Chief Publishing
- Chiefs Village
- Connectivity Partners