Livestock Wealth
Company typePrivate company
IndustryFinancial services
Founded2015; 9 years ago (2015)
FounderNtuthuko Shezi
Headquarters
Johannesburg
,
South Africa
Key people
Ntuthuko Shezi (CEO), Ken Robinson (Advisory Board)
ProductsLivestock investment
Websitewww.livestockwealth.com

Livestock Wealth is a South African-based crowdfunding company that focuses on funding for cattle. The company connects investors with farmers that require funding by using cattle as a form of investment. For example, options include the purchase of grass fed beef cattle; a pregnant cow, a calf or the shared purchase of a calf.[1][2]

The company is headquartered in Johannesburg and has a number of farms in their portfolio based in Free State and KwaZulu Natal.[3] Investors can access the investment platform through a mobile app utilizing 5G and AI technology developed in conjunction with Chinese mobile phone company Huawei.[4]

History

Livestock Wealth was founded in 2015 by Ntuthuko Shezi who is still the CEO.[3][5]

In 2017 Livestock Wealth won the South African Breweries Foundation Social Innovation award cabled by R1.3 million.[6]

References

  1. ^ Scott, Katy (May 2017). "Cash cows: Why investors are buying pregnant cattle". CNN.
  2. ^ "Buying the cow: Global investors take interest in South Africa's literal stock market". Retrieved August 16, 2018.
  3. ^ a b Steyn, Lisa (10 June 2016). "The next big investment opportunity? Cows could outperform the JSE". Retrieved August 16, 2018.
  4. ^ Bridgwater, Adrian. "Huawei: The Road To 5G Is Paved With AI". Forbes. Retrieved August 16, 2018.
  5. ^ Burke, Jason (29 July 2016). "13m cows, one app: the city slickers selling cattle via 'crowd-farming'". the Guardian. Retrieved August 16, 2018.
  6. ^ "SAB Foundation awards over R9m to small social enterprises". www.bizcommunity.com. Retrieved August 16, 2018.
Categories