Livestock Wealth Explained

Livestock Wealth
Type:Private company
Industry:Financial services
Founder:Ntuthuko Shezi
Hq Location City:Johannesburg
Hq Location Country:South Africa
Key People:Ntuthuko Shezi (CEO), Ken Robinson (Advisory Board)
Products:Livestock investment

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]

Notes and References

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