A South African politician and anti-apartheid activist, Pravin Gordan’s net worth was estimated to be around $335 K with diverse income sources.
Pravin Gordhan held several key government positions, including Minister of Finance and Public Enterprises.
Born on April 12, 1949, in Durban, South Africa, Gordhan became involved in the anti-apartheid movement early in his life.
He was a member of the African National Congress (ANC). Unfortunately, he passed away on September 13, 2024, after battling cancer.
Pravin Gordhan Earned Income From Diverse Ventures
Pravin Gordhan had an estimated net worth of around $335 K, primarily from his government post as a high-ranking official.
His income came from various sources, including government salary, investments, and post-retirement consulting and speaking engagements.
Additionally, his extensive investment portfolio was valued at approximately R6 million, which would be $336,000 at the latest exchange rate.
As a high-ranking government official, Gordhan earned a substantial salary, typically R2.47 million ($137.8K) annually.
Furthermore, he had an extensive investment portfolio worth approximately R5.99 million (around $335,370).
This included shares in many of South Africa’s largest listed companies and exchange-traded funds (ETFs).
Regarding his career, Gordhan has a successful career in South African politics and social service.
He played a significant role in South Africa’s transition to democracy and was a member of parliament from 1994.
Likewise, he strongly involved in the anti-apartheid movement as a member of the African National Congress (ANC) and the South African Communist Party (SACP).
From 1999 to 2009, he served as the Commissioner of SARS and transformed the South African Revenue Service into a world-class tax and customs service.
Moreover, he held the Minister of Finance position twice from 2009 to 2014 and 2015 to 2017.
During his tenure, he was famous for his strong stance against corruption and efforts to stabilize the country’s economy.
Additionally, he served as Minister of Cooperative Governance and Traditional Affairs from 2014 to 2015 and as Minister of Public Enterprises from 2018 until June 2024.
Our heartfelt condolences to Pravin Gordhan’s family, friends, and admirers. We will deeply miss his remarkable talent and impact. Rest in Peace!
Additional Information
- In 1974, Gordhan, a member of the Natal Indiana Congress was elected to its executive council.
- He graduated from the University of Durban-Westville with a Bachelor of Pharmacy degree in 1973.
