Judging by the heated commentary, Wonkie’s Mandela Day article last week was its most controversial one yet. This week, South Africa’s young lion Julius Malema steals back the limelight from Madiba with style… lifestyle.
News of a Malema lifestyle audit will no doubt have the likes of Gareth Cliff and his many friends at COSATU drooling over potential details of what the creative young man has been up to. Considering that South African finance minister Pravin Gordhan had hinted at conducting lifestyle audits in the 2010 budget speech already, it’s probably about time that it actually happened.
Why are South Africans so jealous?
In the spirit of offering alternative perspectives, Wonkie feels it must defend the ANCYL president on this important matter. The topic of Julius Malema riches gets everyone’s knickers in a twist – but why? Surely, if you too could live the lifestyle he leads, you wouldn’t want an experience from the South African Revenue Service (SARS) that is likely to feel like an anal-probe delivered by an epileptic monkey?
So what if Julius owns houses worth over R4.6 million. So what if there is a huge Malema trust fund (used for charitable purposes only). So what if his watch is valued at R250,000. So what if Mr Malema has some swanky luxury cars. And so what if he can amass all this by shrewdly using his salary R25,000 per month? Instead of proclaiming him to be a financial genius, South African haters mock the poor man.
Could it be that South Africans are fuming with envy at his success? One thing is for sure, after Mr Malema walks away from the SARS audit squeaky clean (if there will actually be an audit) – South African financial advisors are going to be under serious pressure to up their game. The public will expect them to deliver the kinds of returns Mr Malema has achieved with his capital. Fund managers across the country are reported to be sweating Red Bull.
Further, Wonkie is pleased to report that this issue has gone international. Barack Obama and economists from all over the world, including those pondering the outcome of the US national debt crisis, are also keeping a keen eye on the situation. Mostly, Mr Obama is wondering if Mr Malema will share his financial leverage secrets so that he may rescue America’s fiscal deficit using his presidential salary.
Come on Julius, please spread the love!
Other related Wonkie articles on Julius Malema:
- Is Julius Malema a racist?
- Julius Malema hate speech trial
- Shoot the Boer
- Julius Malema re-elected ANCYL President