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South African billionaire rewards his 18-year-old son with a Porsche for passing matric exam

South Africa billionaire Robert Gumede has splurged millions of rand on a sports car for his son for passing matric.

The yellow Porsche GT3, which retails between R2.8m and R3.3m, was a surprise gift for 18-year-old Matana Robert Junior Gumede. A video that has been circulating on social media shows the moment the teen is shown his gift.

 Photos/Videos: South African billionaire rewards his 18-year-old son with a Porsche for passing matric exam

Initially, the teen is seen being led to a Porsche Boxster S before his actual gift is revealed. When the car is shown to him, the youngster goes hysterical with excitement and starts jumping. His brother Themba posted the video on Twitter.

“So as a family we decided to fool my little brother and made him believe that he got the Boxster S. Yes he was happy… But wait and see his . to what we ACTUALLY him. Proud of you little bro!” Temba wrote.

 Photos/Videos: South African billionaire rewards his 18-year-old son with a Porsche for passing matric exam

In the video, the emotional youngster shares a warm hug with his father. 

In another video, Gumede is heard warning his son not to do to the Porsche what he did to a Jeep.

Watch videos below:

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