The exact net worth of the controversial businessman is unknown, but he has hundreds of million Rand to his name but based on speculations. All these were made, according to him, through his diverse businesses, at the helm of which is Blackhead Consulting.<\/p>\n
The company is the most known, but it is not the only means through which he makes his money. The businessman also owns a farm in Ruimsig, Pretoria<\/a>, valued at R6 million, a company Base Property Holdings (Pty) Ltd with a mortgage bond valued at R40.5 million. He is reported to be a director in more than 40 private companies.<\/p>\n All the above-stated businesses have given him an unassuming wealth through which he has acquired a lot of expensive things.<\/p>\n Thanks to his huge fortune, Sodi has acquired many luxurious items, including cars that cost millions and mansions. He has a long list of personal cars and some belonging to his company. Some of his known cars are a Range Rover car, Bentley Continental GT coupe, and Ferrari Four F151, among many others, which cost him more than 2 million Rand each.<\/p>\n One of his properties is a mansion in Bryanston, which is he put up for sale in 2020. The property has seven bedrooms and came with an asking price of R85 million or R650,000 monthly. Covering more than 3,500 square meters, the property, listed by Hamilton\u2019s Property, has other things such as five luxury bedroom suites, a cocktail bar, a wine cellar, 12-seater cinema, and a games room.<\/p>\n Sodi purchased the property in 2014 when he splashed R40 million to acquire it. It is also kitted with garage space for 14 cars, swimming pools, two separate luxury guest bedrooms, and staff suites, among other things.<\/p>\n The property has the following features:<\/strong><\/p>\n Beyond the cars, houses, and other luxurious items he has to his name, Edwin Sodi is not a stranger to spending big on expensive drinks, something he confessed during his trial. In addition to this, he described himself as a collector of expensive whiskies. In fact, in six months in 2015, he was said to have spent close to R600,000 or even over buying liquor. He claimed that he spent R100,000 to buy liquor at a time before transporting it to his house.<\/p>\n Not only that, but he also has gifted money in the form of donations to politicians in the past. He made payments through his company to the ANC itself and some high-ranking ANC leaders, including former health minister Zweli Mkhize, Paul Mashatile, Pinky Kekana, and Zizi Kodwa. He claimed that among the politicians that received money from him were business partners and friends. He paid R45,000 to Thulas Nxesi, stating that the money was meant for an underprivileged kid<\/a> the former was helping. All the monies he has paid to the party politicians have continued to raise eyebrows.<\/p>\n Zweli Mkhize has since insisted that he did not receive any money from Edwin Sodi either directly or otherwise in the past, even though his name was top on the list of those who got money from the businessman. He reportedly got a massive R6.9 million while he was ANC<\/a> treasurer-general. On the contrary, he stated that Sodi only made various donations to the party and not directly.<\/p>\n Another contribution which he made was towards the building of a church<\/a> in his hometown in Limpopo. The businessman put in his money to building the Evangelical Lutheran Church in Pelana village in Bolobedu. When the news emerged that there were allegations of fraud against him, the church and its members were left at a shock, with some insisting the news was not true.<\/p>\n Sodi has been in the eye of the storm for quite a while now. This is due to his involvement in a contract awarded in 2014, which has been deemed irregular and marred by corruption. The contract was given to Blackhead Consulting and Diamond Hill Trading to take out asbestos from Free State homes.<\/p>\n The contract was worth R255-million, and in 2015, it was revealed that as much as R91-million was already paid in the deal, which has been described as illegal. Another R139-million was later paid even though the work that was done was R21-million worth.<\/p>\n Following all these, an audit alleged that not only was the deal illegal, but the businessman also paid kickbacks to government officials to get the deal. Hence he is accused alongside Nthimotse Mokhesi (head of Free State human settlements department), Thabane Zulu (former director-general of the national department of human settlements), Mahlamola Matlakela (Free State human settlements supply chain manager director), and Sarah \u201cOlly\u201d Mlamleli.<\/p>\n Others are businessmen- Abel Manyeki and Sello Radebe.\u00a0All those linked to the case were arrested and charged with multiple offenses, including fraud, theft, corruption, and money laundering. They were granted bail of between R50,000 and R500,000.<\/p>\n Another one of the luxury vehicles of #EdwinSodi<\/a>, a Porsche, has been seized by the curators. #Asbestos<\/a> pic.twitter.com\/cd4q8ht6ff<\/a><\/p>\n — Siviwe Feketha (@SiviweFeketha) October 6, 2020<\/a><\/p><\/blockquote>\nEdwin Sodi Has Many Cars And Houses<\/strong><\/h2>\n
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Sodi Also Spends Big On Expensive Drinks and Donations To Politicians<\/strong><\/h2>\n
Edwin Sodi Is Standing Trail Over Corruption Allegations and Fraud<\/strong><\/h2>\n
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He Lost Some Of His Properties To The Government<\/strong><\/h2>\n
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