Are you curious to know about the richest men in Zimbabwe? Zimbabwe has some of the most inspiring entrepreneurs and rich people. Let’s take a look at the top 10 richest men in Zimbabwe. Read on to learn more about the Zimbabwean billionaire.
Richest Men in Zimbabwe
Though Zimbabwe has experienced the worst political and monetary crisis in human history, the country has started to recover, with its economy feeding off mining, agriculture and tourism.
Due to the country’s lucrative mining sector, among others, it is not surprising to see that Zimbabwe has a high amount of billionaires. Here are the 10 richest men in Zimbabwe.
1. Strive Masiyiwa
Strive Masiyiwa fought through government opposition to launch a private mobile phone network Econet Wireless Zimbabwe in 1998.
He owns 52% of ZSE-listed Econet Wireless Zimbabwe, which is part of his larger Econet Group (Headquartered in Mauritius).
Born on the 28th of January, 1961, Strive is a London-based Zimbabwean entrepreneur with an estimated worth of $1.3 billion making him the richest man in the country.
2. Phillip Chiyangwa
Phillip Chiyangwa is a Zimbabwean politician who has served in the Zimbabwean government and is still in government. His accumulation of wealth has often been associated with his connections to prominent figures.
within Zanu-PF (Zimbabwe African National Union-Patriotic Front). His net worth is around $2 billion.
3. Shingai Mutasa
Shingai Mutasa is one of the richest Zimbabwean businessmen. He is the founder of Masawara, a Zimbabwe-focused investment firm, which is listed on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE).
He has control of companies in the insurance sector such as Zimnat Lion Insurance and Zimnat Life Assurance. His net worth is around $2 billion.
4. Emmanuel Makandiwa
Emmanuel Makandiwa is the founder and CEO of United Family International Church (UFIC) in Zimbabwe. He is a popular religious leader. According to abtc.ng, his net worth is around $150 million.
5. Zed Koudounaris
Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since 1996, which he co-founded with Michael Fowler.
They are majority shareholders in other ZSE-listed companies in Padenga, Colcom, Axia Holdings, Simbisa Brands and National Foods.
Innscor has interests in Profeeds, ProBrands, NatPak and Irvines. The organization is among the most successful conglomerates in Zimbabwe. He has a net worth of $734,000,000.
6. Ken Sharpe
Born in 1973, Kenneth Raydon Sharpe is the Executive Chairman of West Properties Company. He started his entrepreneurial journey in 1990 when he established a confectionery and food distribution business which, ultimately, became the West Group.
His company partnered with the City of Harare in developing Harare Sunshine Bazaar, Mbudzi Peoples’ market and is building Shawasha Mall in Mbare. He has a net worth of $690,000,000
7. Sam Levy Family
Best known for constructing the Sam Levy’s Village shopping mall in Borrowdale, a suburb of Harare, Sam Levy was a self-made millionaire businessman and property developer.
His properties generate an estimated income of $20 million per year. When he died in 2015, he left his wealth to his 4 children who now run the estate. He has a net worth of $677,000,000.
8. Michael Fowler
Michael Fowler is a Zimbabwean entrepreneur who co-founded Innscor Africa Limited with Zed Koudonaris in 1997.
They are majority shareholders in other ZSE-listed companies such as Padenga, Colcom, Axia Holdings, Simbisa Brands and National Foods. He has a net worth of $645,000,000.
9. Ian Saunders
Spotting a huge net worth of $590,000,000, Ian Saunders has held many technical and managerial roles in South Africa and Zimbabwe and has more than 20 years of experience in the mining industry.
He has since gone on to hold a seat on five corporate boards, most notably at New Dawn Mining Corp where he is also President and CEO (since 2006 and 2008, respectively).
He founded ZSE-listed Falcon Gold which owns Dalny Mine, Venice Mine and Golden Quarry.
10. Charles Davy
Closing our list today is millionaire Charles Davy. Charles Davy owns some 1,300 square miles of land in the Lemco Safari Area or about 0.09 per cent of all agricultural land in Zimbabwe. Ніѕ hunting buѕіnеѕѕ made hіm the wеаlthу mаn bу thе lаtе 1990ѕ.
Ніѕ buѕіnеѕѕ рrоvіdе еmрlоуmеnt to аrоund 600 blасk fаmіlіеѕ. He makes a lot of money by running hunting safaris which, in 2005.
They also were reported to typically cost £660 (about $802 today) per day to shoot lions, elephants, leopards and buffalo on 24-day expeditions.
So there you have it! Zimbabwe’s 10 wealthiest men. share if you find it informative. you can also, follow us on any of our social media handles.