A South African tech black billionaire, Xolane Ndhlovu,has donated a house to Thandile Ramza, a young unemployed mother of one from East London, South Africa who reached out to him via Facebook asking financial assistance.
Ramza who is one of the facebook friends of Xolane had initially reached out to him pleading for money to enable her buy food but was shocked when Xolane not only gave her the money, but also gave her a job, car and a house.
Ramza was living in a dilapidated house which she and her siblings inherited from her mother after her death.
She has sent the picture of the house to Ndhlovu with the hope the billionaire was going to fix the leaking roof. However, Ndhlovu in a post on his Instagram page said he was moved by compassion over the bad condition of the house and had to do something to assist the mother of one.
He subsequently gave her a three bedroom house which he built at the cost of R770 000 excluding furniture.
A source revealed that at the time of construction of the house the young mother did not meet the billionaire in person and had only known him through Facebook.
This was not the first time Ndhlovu would display his philanthropic gesture.
He once gave $1 million dollars to Ukraine war victims and R500 000 to South African Solidarity Fund for Covid-19 patients.
Ndlovu was born in Burgersfort, South Africa and grew up in a shack which he has now transformed into an imposing two storey 12 bedroom mega-mansion for his mother in a dusty street that is yet to receive a municipal water pipe which prompted the development of a borehole for his community.
Xolane Ndhlovu is estimated to be worth over R6.5 billion. His foray into blockchain technology propelled his personal fortune to R6 billion as of 2021 stemming from his holdings in Binance (BNB) and bets in tech focused startups which include DafriBank, Solana, Bolt and Polkadot.
The newly minted billionaire was the only African in the list of The 50 Richest People in Crypto 2021.
His newest bet on DafriPremier ( formerly DafriBank) a fintech company founded on a notion that Africa should have its own payment company built by those who understand its culture and market dynamism is aimed on dethronement of PayPal in the region and had attracted the interest of SoftBank one of the world largest investment banks.