{"id":238864,"date":"2021-10-31T09:34:02","date_gmt":"2021-10-31T08:34:02","guid":{"rendered":"https:\/\/buzzsouthafrica.com\/?p=238864"},"modified":"2023-02-01T00:13:02","modified_gmt":"2023-01-31T23:13:02","slug":"edwin-sodi-net-worth-how-did-the-businessman-build-his-wealth","status":"publish","type":"post","link":"https:\/\/buzzsouthafrica.com\/edwin-sodi-net-worth-how-did-the-businessman-build-his-wealth\/","title":{"rendered":"Edwin Sodi Net Worth: How Did The Businessman Acquire His Wealth?"},"content":{"rendered":"

Edwin Sodi is a South African businessman and entrepreneur with a net worth of over R200 million. <\/strong><\/p>\n

The founder and Chief Executive Officer of Blackhead Consulting is one of the most influential businessmen in his country who has managed to build an empire over the course of his career. While he has been known to utilize government contracts to advance his personal empire, his other business endeavors clearly indicate his abilities.<\/p>\n

A Number of Businesses Contribute a Large Percentage of Edwin Sodi’s Net Worth<\/strong><\/h2>\n

With a net worth of over R200 million, Edwin Sodi<\/a> is definitely not a lazy man. He has gone out of his way to own a number of different businesses which enable him to easily afford the flashy lifestyle he is widely renowned for. The serial businessman is primarily known as the CEO of Blackhead Consulting Ltd. The company is a consulting firm that focuses on providing professional advice in business and project management.<\/p>\n

Blackhead, which was established in 2004, is also the company to which most of his government tenders are awarded and this provides the bulk of his earnings. Apart from his position as CEO, Sodi also sits on the director\u2019s boards of over forty private companies whose specialties range from construction and properties to office supplies. Edwin Sodi is also believed to be the owner of a farm located in Ruimsig, Pretoria, estimated to be worth R6 million. The farm deals in the production of agricultural raw materials and livestock.<\/p>\n

\"Edwin<\/a><\/p>\n

His second company is a mortgage company called Base Property Holdings Limited which has a value of over R40.5 million in mortgage bonds. This company holds the title deeds of about 10 companies in Johannesburg alone. When you imagine the revenue each of his businesses generates on a monthly or even yearly basis, it shouldn\u2019t be too difficult to see why he is so influential.<\/p>\n

His sphere of influence extends even to the political world. Sodi is one of the biggest sponsors of the ruling political party in the country, the African National Congress (ANC). His generous donations have impressed those with political power enough to ensure that he never lacks those juicy government contracts.<\/p>\n

Edwin Sodi\u2019s Luxurious Properties Will Leave You in Awe<\/strong><\/h2>\n

His earnings and massive net worth have allowed Edwin Sodi to buy some of the most expensive properties you can think of. The millionaire has a penchant for acquiring fast cars and buying large sprawling property all located in different parts of the country. Some of his landed properties are listed as follows:<\/p>\n

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  • In 2014, he purchased a property in Bryanston for about R40 million. The property is a 3500-square meter mansion with 7 bedrooms, a cocktail bar, a twelve-seater in-house cinema, a wine cellar, a gourmet kitchen, a swimming pool building, and a garage big enough to hold seven cars. In 2020, he put the property up for sale with an asking price of R85 million, which would earn him a profit of almost 50%. One thing about Sodi is that he knows how to make a good business deal.<\/li>\n
  • He owns a building in the suburbs of Aanwins, Johannesburg. The property is valued at R1 million.<\/li>\n
  • His company, Blackhead, has two branches located in Aanwins and Fourways Gardens both in Johannesburg. Both properties are valued at R1.2 million each.<\/li>\n<\/ul>\n

    Some Of Edwin Sodi’s Cars<\/strong><\/h3>\n