Vinny Lingham is a prominent South African entrepreneur and investor. He is best known for being the co-founder and CEO of Civic Technologies, a blockchain-based identity verification platform. Lingham has made a name for himself in the tech industry and has amassed a significant net worth through his ventures.
In this blog, We will explore Vinny Lingham net worth, life, career and much more.
|East London, Eastern Cape, South Africa
|The University of South Africa Gordon Institute of Business Science
|Information not public
|Information not public
|Information not public
|Source of Wealth
What is Vinny Lingham Net Worth and Salary in 2023?
Vinny Lingham, a renowned entrepreneur from South Africa, has an estimated net worth of $5 million as of 2023. Lingham has made significant strides in the business world, earning him substantial wealth.
He is best known for founding Civic, a company that has significantly contributed to his net worth. Additionally, he served as the CEO of Gyft and Yola Inc., further boosting his income.
Why is Vinny Lingham Famous?
Vinny Lingham gained fame and recognition for his role in co-founding and leading Civic Technologies. The platform aims to revolutionize the way personal identity is verified and shared, utilizing blockchain technology.
Lingham’s expertise in the blockchain and cryptocurrency space has made him a respected figure in the industry. His ability to identify and capitalize on technological advancements has garnered him a significant following and has solidified his place in the world of entrepreneurship.
Vinny Lingham Biography Overview
Vinny Lingham, originally named Vinodan Lingham, was born on February 7 1979, and raised in the Eastern Cape of South Africa, Lingham later relocated to Cape Town for his higher education.
He enrolled at the University of Cape Town (UCT) to study Information Systems, demonstrating an early interest in technology and its applications.
However, his entrepreneurial spirit was ignited before he could complete his degree. In his final year at UCT, Lingham decided to drop out to pursue his own business ventures, marking the beginning of his journey as a serial entrepreneur. This decision proved to be pivotal in shaping his career trajectory, leading him to establish several successful startups and companies.
Career and Awards
Vinny Lingham, is a renowned South African internet entrepreneur. He has made significant strides in his career, establishing several successful companies and earning recognition for his contributions to the tech industry.
One of Lingham’s notable achievements is the founding of incuBeta in 2003. This investment holding company focuses on owning, managing, and supporting online marketing companies at various stages of development.
The same year, he also founded Clicks2Customers, a subsidiary of incuBeta that provides search engine marketing software and services. Lingham served as the CEO of both companies.
In 2007, Lingham founded Yola, a proprietary web development platform for individuals, small businesses, and organizations. Yola has received over $25 million in funding from Johann Rupert’s Reinet Fund. He is also the co-founder of the Silicon Cape Initiative, a South African-based organization aiming to transform the Western Cape into a high-tech startup hub.
Lingham’s entrepreneurial journey continued with the establishment of Gyft, a mobile gift card company, in 2012. Backed by Google Ventures, Gyft quickly became the leading service in the mobile gift card space and was acquired by First Data Corporation in 2014 for more than US$54m.
In 2015, he founded Civic, a startup that encrypts identity information on the blockchain. Civic raised over US$33m in funding during its Initial Coin Offering (ICO) in June 2017.
Throughout his career, Lingham has received numerous accolades. These include being selected as an Endeavor Entrepreneur in 2006 and a Young Global Leader in 2009 with the World Economic Forum.
He was also named among the Top 500 CEOs in the World in 2015. His net worth as of 2023 is estimated to be approximately $5 Million.
Aside from his entrepreneurial ventures, Lingham has also made appearances on reality TV shows. From 2014 to 2016, he was one of the investors, or dragons, on South Africa’s Dragons Den.
Starting in 2016, he became one of the sharks on the follow-up to Dragons’ Den, Shark Tank South Africa. In 2017, Lingham was also an Angel on National Geographic’s not-for-profit program Undercover Angel.
Lingham is married to his wife Charlene Lingham and they have one son
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FAQs about Vinny Lingham
What are some of Vinny Lingham’s notable achievements?
Vinny Lingham’s notable achievements include co-founding Civic Technologies, which addresses digital identity challenges using blockchain technology. He is also recognized for his insights on the cryptocurrency market and his involvement in startups and investment ventures.
What is Vinny Lingham’s perspective on the cryptocurrency industry?
Vinny Lingham has been an advocate for responsible and practical adoption of cryptocurrencies. He emphasizes the importance of usability, scalability, and real-world use cases for blockchain and cryptocurrency technologies.
How has Vinny Lingham contributed to the adoption of blockchain technology?
Vinny Lingham has contributed to the adoption of blockchain technology through his work at Civic Technologies, where he focuses on solving identity-related challenges using blockchain solutions. His efforts aim to enhance security and privacy in digital identity verification.
Vinny Lingham’s entrepreneurial journey and contributions to the technology industry have solidified his place as a successful entrepreneur and investor. With a net worth of around $5 million, Lingham has proven his ability to identify and capitalize on emerging trends. His dedication to blockchain technology and his role in the growth of Civic Technologies have made him a prominent figure in the tech world. Thank you for reading.
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