Financial Mail

Bongani Khulu

- Head of family office and client engagement, Absa Wealth & Investment Management

If someone came to you tomorrow with R100m to invest in just one company, which would it be?

As a general rule, I invest only in companies and sectors I understand and that tap into my love, curiosity and knowledge of data-driven solutions and technology. I would invest in Zipline, a Silicon Valley-based robotics company that has the fastest commercial delivery drone on earth.

It specialise­s in delivering life-saving medicines in remote parts of the planet. Its first partnershi­p in Africa is with the government of Rwanda to deliver blood and immunisati­on medicines to remote regional hospitals.

Which talent would you most like tohave?

“Talent fuelled by character is a powerful gift from God,” Ray Mccauley says. I wish I had the power to teleport anywhere in the world; 24 hours in a day sometimes just isn’t enough.

What was your first job?

Working at my grandfathe­r’s general dealer store during the school holidays when I was 10. I worked the till (good with numbers), packed stock and cleaned. My first paying job was as a junior lecturer in applied mathematic­s and statistics, while studying, and later I moved to FNB as an actuarial analyst.

If you could fix one thing in SA today, what would it be?

Fight against youth drug abuse. I have seen how it is destroying families and the future of our country.

What’s the best investment you’ve made?

My education — I am responsibl­e for driving the best return on that investment.

What’s your favourite song?

New Wine by Hillsong and any song by Kwesta.

On what occasion do you lie?

I think I lie mostly to myself? I try not to lie to others as it’s difficult to remember lies you’ve told.

What travel experience is on your bucket list?

Travelling to space — it would be an awesome experience to see Earth from there.

How muchwas your first pay cheque, and what did you do with it?

I earned R2,400 as a junior lecturer in 2005. my rent and bought groceries.

Do you own bitcoin or any other cryptocurr­encies? And why?

I paid Yes (as a birthday gift from a friend). Personally wouldn’t buy for myself. I do think, though, that blockchain technology will be a game-changer with the ability to disrupt multiple industries.

Name a place you’ve been to that lives up to the hype.

Kilimanjar­o and Ngorongoro Crater in Tanzania. I

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