Magda Wierzycka is one of the world’s bestbusinessminds.
The tycoon owns Sygnia Ltd, which is one of the largest financial technology companies in South Africa.
The firm manages assets worth over R180 billion.
Images of Magda Wierzycka. Photo: @mxmcrush, @KamvelihleGoba (modified by author)Source: UGC
Wierzycka advocates for honest ways of earning a living.
Magda is a strong anti-corruption activist in SouthAfrica.
Wierzycka believes thatpublic resourcesshould not be squandered and people should earn their wealth through honest means.
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She hails from a Polish-Jewish ancestry.
Her parents were doctors and their names remain undisclosed to the public.
Magda’s Jewish grandmother was a Holocaust survivor.
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How old is Magda Wierzycka?
Magda Wierzycka’s age is 52 years as of December 2022.
Although her parents provided a good life for their family, Poland became unbearable when the communist system failed.
Magda Wierzycka’s images. Photo: @tpayay, @Gentlements (modified by author)Source: UGC
In 1982, thefamily escapedat night to Polish refugee camp at Traiskirchen in Austria.
Wierzycka’s family stayed at the refugee camp in Austria for a year.
Her parents dug ditches to earn a living.
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In 1983, they gotmedical doctor jobsat 1st Military Hospital in Pretoria, South Africa.
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They were the primary languages of instruction inSouth African schools.
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Afrikaans was challenging but she managed to learn.
Career history
Wierzycka sold cheese and cold meat at a supermarket while in high school.
Magda qualified as a Fellow of the Faculty of Actuaries in Edinburgh in 1994.
Wierzycka’s pictures. Photo: @SlotarnetD, @TendaiMedia (modified by author)Source: UGC
Meanwhile, she worked for two years as an investment consultant for Alexander Forbes’retirement fundclients.
In 1997, Wierzycka joined Coronation Fund Managers in Cape Town as a director and Head of Institutional Business.
Magda Wierzycka and Thys du Toit helped build the start-up company into one of the largestasset managersin South Africa.
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Wierzycka negotiated the sale of African Harvest Fund Managers to Cadiz Asset Management in 2006.
The transaction led to the establishment of afinancial technologycompany called Sygnia Asset Management.
Magda became Sygnia Limited’s CEO in 2006.
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Sygnia Limited offers low-costinvestment managementservices, savings products, and administration solutions to organizations and retail investors.
It was listed on the Johannesburg Stock Exchange (JSE) in October 2015.
Wierzycka might be therichest womanin South Africa.
Magda in black and red dress. Photo: @StrictlyPods, @StrictlyPods (modified by author)Source: UGC
She owns about 30% of Sygnia Ltd with her spouse.
The public cannot estimate Magda Wierzycka’s net worth because she keeps her wealth private.
The lady must be a billionaire since her annual salary at Sygnia Limited is around R3.339 million.
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Magda Wierzycka’s family
Magda Wierzycka’s husband, Simon Peile, is her business partner.
The couple co-founded Sygnia Limited and have two sons.
Magda Wierzycka’s sons avoid the limelight.
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Magda lives in Cape Town with her husband and sons.
According to Wierzycka, Muskhiked Bitcoin pricesby writing tweets, including those mentioning Teslas $1.5 billion BTC purchase.
Musks public statements on Bitcoin and him reversing Teslas position on accepting cryptocurrency as anonline payment formconstituted price manipulation.
Magda’s family returned to SA after arrangingpersonal securityfor themselves.
The lady feared theDaily Maverickwould publish the information in sections, instead of releasing it all at once.
A bodyguard accompanied one of her sons to school for two years and state security agents followed her everywhere.
This went on until untilJacob Zumaresigned as president.
Magda Wierzycka is a South African billionaire entrepreneur, actuary, and anti-corruption activist.
Magda Wierzycka rose from abject poverty to riches through honest means.
Mzansi honours Frederik Willem for participating in ending apartheid.
He did many things, including releasing imprisoned anti-apartheid activists like NelsonMandela.
She has a Bachelor of Commerce & IT from the University of Nairobi and joined Briefly.co.za in November 2019.
The writer completed a Google News Initiate Course.
it’s possible for you to email her at perisrodah254@gmail.com.
