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Net worths compared: Who is richer between Edwin Sodi and the largest tobacco supplier Adriano Mazzotti?

Lee Junior by Lee Junior
September 20, 2022
in Entertainment, South Africa
0
Edwin Sodi and largest tobacco Adriano Mazzotti - Source: Instagram

Edwin Sodi and largest tobacco Adriano Mazzotti - Source: Instagram

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Celebrated business moguls Edwin Sodi and Adriano Mazzotti have been topping trends after their net worths were compared. No doubt the two have been making all sorts of headlines with their life of glitz and glamour. We can all agree that they have become some of Mzansis celebrated business moguls with several investments under their watch. After all, their lavish live, capped with glitz and glamour, have made us wonder who is richer between multi-millionaires Edwin Sodi and Adriano Mazzotti.

In the mix of things, we have connected the dots about these two business moguls and their business empires. Mzansi was introduced to the Mazzotti after they footed the registration of EFF with a whooping R200 000 in 2013. In the following year, one of Carnilinx’s executive directors, Kyle Phillips, helped Malema to get rid of his tax woes with a cool R1 million’ advance’.

SA's largest tobacco dealer Adriano Mazzotti - Source: Instagram
SA’s largest tobacco dealer Adriano Mazzotti – Source: Instagram

However, the rumour mill has it that Julius’ wife Mantwa also lived in a Hyde Park property owned by Mazzotti. In the mix of things, Mzansi has been wondering who the Mazzotti family is and how they make so much money without well-known, established businesses on the cards.

Celebrated business moguls Edwin Sodi and Adriano Mazzotti’s net worths compared, Mzansi stunned

Adriano Mazzotti heads the family. However, he also doubles as the co-director of Carnilinx, a cigarette manufacturing company. The company happens to be the biggest supplier of tobacco in South Africa. Well, they have had their share fair of controversy. They have been dupped as the Italian Mafia, and it is alleged that they are also involved in the illicit tobacco trade. In the past years, he has had some of his assets seized by SARS.

A few years ago, Adriano Mazzotti became one of the most infamous names in the cigarette smuggling underworld. He was once alleged to be linked to Nkosazana Dlamini-Zuma and her political ambitions. However, she denied any association with the tobacco kingpin. Unconfirmed reports show that as of 2022, they have an estimated net worth of R990 million. However, some sources have it that they have since passed the billion mark.

Edwin Sodi is a celebrated business mogul with an estimated net worth of R300 million. The bubbly businessman also doubles as an ANC benefactor and the brains behind Blackhead Consulting company which majors in several business investments.

Edwin Sodi
Edwin Sodi: Image source @Instagram

He also doubles as a farmer with a vineyard in Ruimsig, Pretoria, valued at around R8 million. He is a jack of all trades and master of all. Sodi also has a company, Base Property Holdings, with a mortgage bond valued at approximately R60 million. Of interest is the fact that he is reported to be a director of more than 40 private companies.

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Tags: Adriano MazzottiEdwin Sodi
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