{"id":216436,"date":"2020-08-28T18:58:38","date_gmt":"2020-08-28T17:58:38","guid":{"rendered":"https:\/\/buzzsouthafrica.com\/?p=216436"},"modified":"2023-01-14T23:33:20","modified_gmt":"2023-01-14T22:33:20","slug":"truth-about-sam-mshengus-net-worth-the-flamboyant-millionaire-with-72-cars-and-trucks","status":"publish","type":"post","link":"https:\/\/buzzsouthafrica.com\/truth-about-sam-mshengus-net-worth-the-flamboyant-millionaire-with-72-cars-and-trucks\/","title":{"rendered":"Truth About Sam Mshengu\u2019s Net Worth, the Flamboyant Millionaire with 72 Cars and Trucks"},"content":{"rendered":"

Sam Mshengu’s net worth is R3 to R4 million. He is a controversial South African businessman who has gradually climbed the ladder of success, made waves with his large fleet of cars, and had his story<\/a> told time and time again.<\/strong><\/p>\n

Although a South African, sources have reported his birth country differently. While others claim Makwarela, Venda, South Africa, others claim he was born in Zimbabwe in the 90s.<\/p>\n

He is the\u00a0director of Sam Holdings<\/strong> and is also popular as\u00a0\u2018trucker millionaire<\/strong>\u2019 and \u2018Chabalala\u2019 even though his real name\u00a0is purportedly\u00a0Gilbert\u00a0Tachuono. As much as he has established himself as an entrepreneur, there are several controversies\u00a0surrounding him, especially because of his flamboyant lifestyle,\u00a0and alleged illegal dealings.<\/p>\n

Sam Mshengu’s Net Worth Started Accumulating From A Young Age<\/strong><\/h2>\n

Mshengu dedicated many years of his life trying to find a spot in the world of well-known entrepreneurs, and when he did, he never got scared of showing it off to the world. Because of this, he shows off his many riches on social media. One among the popular display of wealth by the Trucker Millionaire was having 10 of his cars in a convoy of 72 cars posted on his social media. His cars of different brands have a customized number plate of his name displayed. Other than these, he has also shared the picture of his house among other properties.<\/p>\n

\"Sam
Sam Mshengu and his wife, Lerato Legodi (Image Source<\/a>)<\/figcaption><\/figure>\n

According to him,\u00a0his\u00a0source of wealth is\u00a0from his business venture Sam Holdings where his 52 trucks\u00a0are used to convey goods across the country. He also transports with Eskom.\u00a0From there, he disclosed through an interview that he earned R300,000 a month with salary and commission at a time\u00a0when he was new in the business. Since he grew beyond that, his earning\u00a0might probably be above that.\u00a0He also\u00a0made\u00a0it known that he was venturing into mining.<\/p>\n

From his business, he has made wealth that led him to have an estimated net worth of R3 to R4 million as recorded by different sources.<\/p>\n

His Path To Wealth Was Rough After Losing His Father When He Was 2 Days Old<\/strong><\/h3>\n
\"Sam
Sam Mshengu (Image Source<\/a>)<\/figcaption><\/figure>\n

Everyone has always known him as Sam Mshengu, but recent court documents have shown that his real name is Gilbert Tachuona. The controversial truck tycoon was not born with a silver spoon but was able to acquire one later in life. In fact barely two days after his birth, he lost his father who was in the military and his family had to suffer to feed. His father died following a gunshot in DRC Congo.<\/p>\n

By the time he was 11, he had already dropped out of school because the family could no longer afford to pay his school fees. At that early age, he started working to earn when he had the job of picking oranges in Limpopo\u2019s Orange Farm. Soon, he earned the trust of his boss\u00a0who would handle his other responsibilities.<\/p>\n

In the long run, Mshengu\u00a0had himself a job that would let him drive truck conveying maize, and other things to Zambia and other\u00a0neighboring\u00a0countries. While at that, he learned other things about trucks, was promoted to overseeing other drivers, saved money,\u00a0registered his company, Sam Holdings Trading in 2014,\u00a0and started using his boss\u2019\u00a0 truck; then later\u00a0bought his own trucks that would turn him\u00a0into a millionaire in years to come.<\/p>\n

Sam Mshengu Is Adding Mining To The List of His Business Ventures<\/strong><\/h2>\n
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A post shared by Sam Holdings (@official.samholdings)<\/a><\/p>\n<\/div>\n<\/blockquote>\n