Sam Holdings Trading is a Mpumalanga-based logistics company and is owned by Mpumalanga businessman Sam Mshengu. The purpose of this article is to introduce our readers to self-made millionaire Sam Mshengu’s life.
Sam Mshengu is a 25-year-old South African based businessman and the owner of Sam Holdings (Pty) Ltd. He was born on December 15th, 1995. The truck millionaire originally comes from Makwarela, Venda South Africa. He is popularly known for his lavish lifestyle on social media.
According to various sources, as of 2020, Sam Holdings has about 52 trucks.
This journey to millions by Sam Mshengu of Sam Holdings Trading will definitely motivate many. The story of Mshengu will definitely inspire you.
Sam recently opened up about his difficult upbringing, mostly due to the passing of his father who killed on a mission in DRC Congo when Sam was only two years old. Sam’s father was soldier. His family struggled without his father and this forced Sam to drop out of school at the age of 11.
His first workplace was at an orange farm in Limpopo and he worked as a general worker whose responsibility was to pick oranges. Sam’s hard work at the farm earned his boss’ trust and he was given an opportunity to be a truck driver.
After he was transferred to the tracking department, Sam started to learn everything about trucks and he loved it. His former boss gave him an opportunity to be a truck driver and he started delivering maize and other products for him to Zambia and other neighbouring countries.
Sam Holdings was then promoted and he started working as a controller who was in charge of truck drivers. He used this knowledge that he got from his former boss to start his own trucking business.
In 2014, Mshengu registered his company, Sam Holdings Trading and used his boss’ trucks to start his business. The multimillionaire continued to work hard and kept saving money until it got to R3 million, which he used to buy three trucks and trailers.
According to Briefly.co.za, Sam Holdings net worth is R4 million. Same is married to Lerato Legodi.
Image Courtesy: fxmagazines.com
Zita Zimande is a sports news journalist from the University of Johannesburg. Besides being a sports fanatic, she loves to cook during her spare time.