The book exposes Julius Malema’s hidden wealth and questions his role as a champion for the poor. Credits: Rich Malume (Facebook)
By Duncan Mnisi
South Africa– A new book on Julius Malema is stirring debate across South Africa.
Malema: Money. Power. Patronage, by Journalists Micah Reddy and Pauli van Wyk, takes aim at the EFF leader’s wealth and influence, questioning whether he is a champion of the poor or simply exploiting their trust.
The book alleges that Malema’s fortune—estimated in the millions—is tied to political networks that keep the ruling elite in power.
It claims he owns 10 luxury properties worth more than R21 million and lives a lifestyle far removed from his calls for economic justice.
“Malema’s empire is built on lies,” the authors write, suggesting he is another politician living in luxury while preaching poverty. They accuse him of looting funds meant for the poor, diverting money from state programs, and using it to bankroll his lifestyle.
The story, they argue, mirrors that of other leaders who promise justice but protect their own wealth. Malema’s true goal, the book suggests, is self-enrichment.
Reactions have been swift. Supporters dismiss the book as a political smear, while critics say it confirms long-held suspicions. One reviewer summed it up bluntly: “Malema is just another politician in red overalls.”
Whether praised or condemned, the book forces South Africans to confront tough questions about political promises, corruption, and who really benefits from power.
