Winning the fight for economic freedom? Jules Malema


TRESemmé out, Versace in? After a reporter wrote for the SowetanLive Julius Malema reported showing up to the voting booth wearing a pair of Versace R2 000 jeans, the Economic Freedom Fighters (EFF) leader threatened to continue the publication and challenged the reporter to show the prize.

However, as the Versace jeans saga continues, many remember Juju’s historical fondness for expensive clothes and accessories… and a luxurious lifestyle.

Julius Malema’s way of life in question

As it turns out, Juju has been questioned numerous times for showing double standards by donning a parliamentary worker jumpsuit one day and strutting around in luxury clothing and accessories the next.

According to Live, Malema has already stated that you can live wildly and demand social justice at the same time.

The expensive taste of Malema: you can’t put a price on the style

In 2014, Malema and Fikile Mbalula were waging a war on Twitter over how he dressed for a court date after he was spotted wearing a black Louis Vuitton belt with a navy suit, white shirt, and shirt. red tie.

At the time, it was reported that a Louis Vuitton belt cost between 3,500 and 35,000 rand.

That damn Breitling agent …

Meanwhile, in 2010, IOL examined Malema’s millions, claiming that Malema owns a Breitling watch worth R 250,000. Breitling men’s watches are said to be among the most coveted watches in the world. He was favored by Malema and controversial businessman Kenny Kunene.

The watch made headlines in 2018 when AfriForum obtained an enforceable title from the North Gauteng High Court to seize movable property belonging to Malema and his party. AfriForum wanted the court’s costs orders in two separate cases against Malema and EFF in a 2017 case.

At the time, the CEO of AfriForum noted they thought Malema’s Breitling watch and a luxury car should be enough to cover the debt.

Malema’s taste for Louis Vuitton

Juju was also Point wearing a Louis Vuitton scarf, Louis Vuitton beanie, Louis Vuitton shoes, a Burberry coat and what appear to be Louis Vuitton gloves at singer and songwriter Tsepo Tshola’s funeral earlier this year.


Juju’s net worth

Not-confirmed reports suggest that Malema’s net worth is around R45million. Malema has had varying degrees of success in the business world and has been involved in lucrative deals with several companies. His success in business and entrepreneurial activity is said to date back to Segwalo Consulting Engineers CC, with whom he became involved in 2004.

However, he was accused of siphon off some funds in one of his trust accounts. Meanwhile, a The VBS scandal also revealed Julius Malema alleged corruption cases.

The EFF leader also owns a lavish property in Hyde Park, Johannesburg.


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