When South Africans ask about “My Sol net worth in Rands,” they’re really asking about Solly Soka Madibela, the powerhouse behind MySol Holdings & Logistics. Known as a mining magnate, philanthropist, and logistic mogul, Solly Soka—popularly known as Mysol—has become a symbol of success and inspiration, especially in the North West province of South Africa.
In this article, we take a detailed look at his career, companies, lifestyle, and philanthropy—and most importantly, we estimate My Sol net worth in Rands as of 2025. This comprehensive piece is perfect for anyone interested in South African entrepreneurship, mining wealth, and real-world success stories.
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Who is MySol? Meet Solly Soka Madibela
Before estimating his net worth, let’s get to know the man behind the empire.
Solly Soka Madibela, widely known as Mysol, is a South African entrepreneur and mining tycoon. He is the founder and owner of MySol Holdings & Logistics, a company providing bulk mining and open-cast mining services. Based in Brits, North West, MySol has become a major player in the mining industry through strategic expansion and investment in advanced equipment like Volvo mining machinery.
He is not only admired for his business success but also for his philanthropic contributions, investing back into communities and empowering young people in South Africa.
My Sol Holdings & Logistics: Building a Mining Empire
Founded by Solly Soka Madibela, MySol Holdings specializes in:
- Drilling & blasting
- Loading & hauling
- Crushing & screening
- Mine rehabilitation
- Bulk mining services
With operations centered in North West, MySol is especially prominent in chrome mining, an industry that has seen substantial growth in recent years. By expanding its fleet and investing in infrastructure, the company has gained national recognition for its efficient and environmentally conscious mining practices.
This business success directly contributes to My Sol net worth in Rands, which is increasing as the company scales further.
My Sol Net Worth in Rands (2025 Estimate)
While Solly Soka Madibela’s finances are privately held and not publicly disclosed, expert estimates suggest that My Sol net worth in Rands falls between:
✅ R120 million – R180 million (as of 2025)
This estimate is based on the following key factors:
1. Company Valuation
MySol Holdings operates in a capital-heavy industry. With large-scale contracts, machinery, and mining rights, the enterprise valuation of MySol is likely between R200 million and R400 million. As the founder and owner, Solly Soka likely owns a majority stake (60–80%).
2. Asset Portfolio
His portfolio likely includes:
- High-end luxury vehicles (e.g., Range Rover, Mercedes-Benz G-Class)
- Residential properties in Brits and possibly Johannesburg or Pretoria
- Business assets such as heavy-duty machinery, equipment yards, and logistics centers
Estimated value of personal assets: R20 million – R50 million
3. Income and Profit Share
With multiple ongoing mining contracts and operations, MySol Holdings probably generates annual revenues upwards of R100 million, with net profit margins between 10–20%.
Estimated annual income for Solly Soka: R10 million – R20 million
How MySol Holdings Boosts South Africa’s Economy
MySol Holdings isn’t just about making money. The company is injecting employment, infrastructure, and opportunity into rural and semi-rural regions. Here’s how:
- Local hiring: MySol hires workers from communities around its mining sites.
- Training programs: Young professionals are trained in logistics, mechanical work, and mining operations.
- Responsible mining: The company adheres to mine rehabilitation guidelines, preserving environmental integrity.
These socially responsible practices also enhance the brand equity of MySol, indirectly boosting My Sol net worth in Rands.
Mysol’s Lifestyle: A Glimpse into the Life of Solly Soka Madibela
While relatively private, Solly Soka’s public appearances and known investments suggest a lifestyle that reflects his success.
Real Estate
Solly is believed to own a luxury property in the Brits area, with modern architecture, spacious land, and high-level security.
Cars
He has been spotted with:
- Mercedes-Benz AMG G63 – approx. R3.5 million
- Range Rover Sport – approx. R2 million
- Toyota Land Cruiser V8 – approx. R1.7 million
✈️ Travel and Networking
As a logistics mogul, he frequently attends business meetings across provinces and possibly international mining expos in countries like Botswana or the UAE.
Philanthropy: A Big Heart Behind the Big Wallet
Solly Soka is not just about personal success. His philanthropic efforts include:
- Scholarships for underprivileged students
- Support for youth development programs
- Food parcel distributions in rural communities
- Sponsorship of sports and education events in the North West
Philanthropy plays a major role in defining My Sol’s identity, further increasing his social capital and long-term brand value.
Frequently Asked Questions (FAQs) About My Sol Net Worth in Rands
What is My Sol net worth in Rands?
As of 2025, My Sol (Solly Soka Madibela) is estimated to have a net worth of R120 million to R180 million.
What is MySol Holdings?
MySol Holdings & Logistics is a South African mining and logistics company founded by Solly Soka Madibela. It offers bulk mining services including drilling, blasting, crushing, hauling, and screening.
Where is MySol based?
MySol is based in Brits, North West, South Africa, and operates in various mining locations across the country.
How does Solly Soka make his money?
Solly Soka earns income through mining contracts, logistics services, asset ownership, and possible investments in machinery and mining rights.
Is My Sol involved in charity work?
Yes. Solly Soka is known for his philanthropy, contributing to youth programs, community development, and education in North West.
What industries does MySol operate in?
MySol operates in:
- Mining
- Logistics
- Machinery
- Rehabilitation services
Impact of My Sol Net Worth in Rands on the Youth
One of the most powerful aspects of MySol’s rise is its impact on young South Africans. Solly Soka has shown that success is possible even from rural beginnings, and that mining—a historically exploitative industry—can be transformed into a force for economic empowerment.
He has become a role model for:
- Young entrepreneurs
- Aspiring engineers and geologists
- Rural community leaders
- Business graduates from South African universities
By sharing his success, he’s created ripple effects far beyond mining.
Final Thoughts: My Sol Net Worth in Rands and His Legacy
In conclusion, the question “What is My Sol net worth in Rands?” isn’t just about numbers—it’s about vision, resilience, and leadership. With an estimated net worth of R120 million to R180 million, Solly Soka Madibela has positioned himself as one of South Africa’s most influential mining entrepreneurs.
Through MySol Holdings, he has built a legacy rooted in:
- Innovation in mining
- Empowerment of local communities
- Wealth creation through strategic logistics
- Giving back to society
And most importantly, he’s proving that you can make millions ethically, responsibly, and proudly on South African soil.
