Two South Africans built a business with R20,000, sold it for R3.2 billion, and then lost it all in 18 months

BusinessTech | 30-08-2026 04:19pm |

Bernard Mostert and Braam van Huyssteen founded Tekkie Town with an initial investment of R20,000, growing it into a successful business that was eventually sold for R3.2 billion. However, within 18 months of the sale, they lost the entire fortune. The story highlights the volatility of business ventures and the risks involved in high-stakes entrepreneurship.

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