Socialite Sam Mshengu opens up about how he made his millions

Socialite Sam Mshengu opens up about how he made his millions

- Mshengu dropped out of school at age 11 and started working on an orange farm

- His then-boss moved him to the trucking division of the company, where he acquired the knowledge about the trucking business

- Mshengu opened his own trucking business using his boss' trucks and saved his commission until he could purchase his first truck - he now has 52 trucks

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Mpumalanga-based businessman and socialite, Sam Mshengu of Sam Holdings, has responded to questions, speculations and criticisms on social media following his 72-car entourage convoy at the Durban July this past weekend.

Sam set tongues wagging after having what is believed to be the longest convoy at the Durban July, boasting top of the range vehicles. But of the 72 cars, only 10 belonged to him. Most people have asked how he made his money.

Mshengu was born in Makwarela in Venda. He had a difficult upbringing due to the passing of his soldier father, who was shot dead in DRC, Congo when Mshengu was only two days old. According to The Citizen, Mshengu told Aldrin Sampear on Power FM that his family had a real struggle to the point of not having food, which resulted in him dropping out of school at age 11.

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He started working ion an orange farm in Limpopo at age 11 as a general worker, picking oranges. He worked hard to earn his boss’s trust and was then moved to the trucking division of the company. He absorbed everything there was to know about trucks and the logistics business.

“I learnt everything about trucks and I loved it. I can tell you everything about a truck. He [my boss] gave me an opportunity to be a truck driver and I started delivering maize and other products for him to Zambia and other neighboring countries. He then promoted me and I started working as a controller who was in charge of truck drivers,” he said.

Mshengu then used his knowledge he acquired from his boss to start his own trucking business. He registered his company, Sam Holdings Trading, in 2014 and used his boss’ trucks to start his business.

“I got a contract even when I didn’t have a truck at the time. I took my boss’ trucks and registered them. I was getting a commission of R10 at the time. I worked for a long time and raised money to buy my own truck. I could make R300 000 a month with commission and salary at the time.”

Mshengu said he kept working and saving money until he got to R3 million. He used the money to buy three more trucks and trailers, cash.

“Now I have 52 trucks running on the road with machines and plant hire. That’s how I made my money. I’ve never been involved in anything illegal. I do transport with Eskom, but I’m also venturing into mining now with my own mine. It’s all my mind and planning and the mercy of God,” said Mshengu.

Mshengu said there is no secret to how he acquired his millions. It was pure discipline and planning that helped him grab opportunities presented to him and use them to his advantage.

“Once you get an opportunity, God has made sure to give everyone an opportunity to make money, but it’s up to you to decide how you use the money. Leave the champagnes and girls, they won’t help you,” he said.

Ins response to social media’s criticisms on his display of wealth, Mshengu said he was marketing his business and wanted people to know about it through him.

“I’m only doing this for the sake of my business. I have a Shisa Nyama and I wanted you guys to know about it through me.”

Mshengu’s advice to businesses who are still in the early stages is to make peace with not sleeping if they wanted to be successful.

“I start working at 3am and stop around 11pm. My business is a nightmare,” he added.

Mshengu has big plans and is currently working towards getting his dream car, a Rolls Royce, this October.

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Source: Briefly.co.za

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