“Mysol” is the business name associated with Solly Soka Madibela, a South African entrepreneur and founder of MySol Holdings & Logistics. Based in the North West province, he has built a presence in the mining and logistics sector by growing a company that delivers heavy‑duty services like drilling, blasting, crushing, and bulk earthworks for open‑cast mining projects.
Madibela isn’t a celebrity in the usual sense, but in South African mining and business circles he’s known as a hands‑on leader with a footprint in a capital‑intensive industry.
How Much Is Mysol Worth?
There’s no publicly audited document that confirms Mysol’s exact net worth, which is common for privately held entrepreneurs in the mining sector. Still, industry observers and business profiles estimate his personal and business net worth broadly within a certain range:
- Most published estimates in 2025 place Mysol net worth between about R120 million and R180 million South African rand.
- Other social or speculative posts have suggested higher figures like R500 million, but these aren’t backed by verified financial data.
Because the company is privately owned and operating in a commodity‑driven sector, public valuations vary and depend on fluctuations in mining contracts, asset values, and profitability.
What Drives His Wealth
MySol Holdings was launched in 2018 and has grown by focusing on niche services in the mining supply chain. The company operates with heavy machinery and equipment that are expensive to acquire and maintain, but necessary for large‑scale mining contracts. Its services cover everything from excavation to mine rehabilitation, giving it steady work on long‑term projects.
Sector demand—especially in chrome and bulk earthworks—helps support continued revenue streams, which in turn support Mysol’s personal standing and asset base. The business also invests in logistics and equipment, strengthening its operational capacity and market positioning.
Beyond the Balance Sheet
Mysol isn’t known only for business success. Profiles of Solly Soka often highlight his interest in community initiatives and efforts related to training and empowerment in his local region, though specific details vary by source.
Why Exact Figures Are Hard to Find
Privately held companies like MySol are not required to disclose detailed earnings or asset records publicly, and exchange rate changes also skew valuations when comparing rand figures to international dollars. That’s why estimates tend to be broad and based on industry observations rather than audited accounts.
