Personal Finance: Investing In Cattle.
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Ntuthuko Shezi, founder and CEO of Livestock Wealth.
Ntuthuko Shezi, founder and CEO of Livestock Wealth, pioneered the concept of ‘crowd-farming’ when he launched Livestock Wealth in October 2015. The idea is that people pool their funds to own a farm.
You buy a cow that is fed and cared for on the farm, so there is no need to actually know anything about raising a cow, but you reap the rewards when the cow gives birth or is sold on the beef market.
Being first to market has the advantage of owning the space – Shezi has trademarked the concept of crowd-farming – but it also takes time for investors to trust the concept.
Ntuthuko Shezi, founder and CEO of Livestock Wealth, pioneered the concept of ‘crowd-farming’ when he launched Livestock Wealth in October 2015. The idea is that people pool their funds to own a farm.
You buy a cow that is fed and cared for on the farm, so there is no need to actually know anything about raising a cow, but you reap the rewards when the cow gives birth or is sold on the beef market.
Being first to market has the advantage of owning the space – Shezi has trademarked the concept of crowd-farming – but it also takes time for investors to trust the concept.
