Zimbabwe’s Rich List
Below is a list extracted from newzimbabwe and I do not believe it is very accurate. I am not sure if it is a current list or if it is outdated. I am sure there are numerous Zimbabweans worth more than £5 million who are not on the list. When I saw Benjani on the list I wondered what had happened to our football hero, Peter Ndlovu, what had happened to his wealth. I am sure if he had made significant investments he worth more than the £5 million. This list doesn’t include politicians, and white Zimbabweans so it is not a very conclusive list. I could think of a few people who should make the list, but I am not sure what exactly they are worth. With the recession and the Zimbabwean situation, it is difficult to judge people’s worth, many companies have gone bust and are underperforming at the moment, so that may be a reason why the list looks like this. Maybe this explains why Nigel Chanakira is only worth US$6 million. I guess if we had included politicians the list would have been more interesting.
If anyone has a more accurate list, please contribute.
Strive Masiyiwa
Strive Masiyiwa was born in 1961. He went to high school in Scotland; he gained a degree in Electrical and Electronic Engineering (Cum Laude) at the University of Wales, returning to newly independent Zimbabwe in 1984, where he took a job with TelOne, Zimbabwe’s fixed telephone provider. He applied for the country’s first mobile-phone license yet had to fight all the way to the Supreme Court before he could connect his first subscribers in 1998. His privately held company, Econet Wireless, generates revenue of more than US$300 million a year, making it one of Africa’s five largest telecom companies. Econet’s operation includes cellular and fixed-line businesses in Zimbabwe, Burundi, Lesotho and Botswana. The company also owns a 3G license in New Zealand. In New Zealand, Econet will soon launch that country’s third GSM network. He also owns a cellular license in Kenya.
He is estimated to be worth US$65 million.
* * *
Benjamin Mwaruwari
Is a footballer currently playing for Manchester City. He was born to parents of Malawian descent and has chosen to represent his nation of birth, Zimbabwe, internationally. Benjani began his career at Lulu Rovers and the University of Zimbabwe teams in Zimbabwe’s Division One and Air Zimbabwe Jets in the country’s Premier League in 1999. He moved to South African club Jomo Cosmos in 1999 where he met his mentor Jomo Sono, after impressing in the friendly match between South Africa and Zimbabwe that was played to commemorate the inauguration of Thabo Mbeki as the president of South Africa. He is worth an estimated £5 million plus or minus.
* * *
Philip Chiyangwa
Born 1959 is the founder of the Affirmative Action Group, a chair of Native Africa Investments Limited. Philip Chiyangwa grew up in Chegutu town. He went to St Francis School. The maverick Philip Chiyangwa is a major shareholder in Zimbabwe Stock Exchange-listed concern Zeco Holdings, placing him among the country’s top businessmen. Philip Chiyangwa’s estimated worth is £15 million.
* * *
Nigel Chanakira
At 41, is already a multi-million-dollar businessman and a distinguished corporate executive. He is the founder and director of Kingdom Financial Holding Limited (KFHL), which has operations in Zimbabwe, Malawi and Botswana. He was named young global leader by World Economic Forum in 2005. He is mulling listing on the New York Stock Exchange. Estimated net worth: £6 million plus.
Other Africans
Aliko Dangote is Nigeria’s richest man. He’s estimated to be worth US$8 billion. When converted, that amounts to one trillion naira, making him Nigeria’s first authentic trillionaire. Listed two years consecutively as Nigeria’s richest man, his net worth in 2005 was US$1,6 billion and US$4 billion in 2006, now he is valued at US$8 billion. Dangote made his name in commodity trading, especially sugar importation into Nigeria, which he admits he controls over 60 percent today.
Given the heavy demand by Nigeria’s soft drink industry, breweries and confectionery industries for sugar, he makes a killing by doing volume business and gaining advantages to undercut competitors. As a result of his enormous investment in the business and his transport haulage business, he can distribute his sugar faster, cheaper and at a uniform price nationwide which the competition cannot match.
* * *
Cyril Ramaphosa (born November 17 1952) is a South African lawyer, trade union leader, activist, politician and businessman. He was born in Soweto, near Johannesburg, in what is now Gauteng Province. While Ramaphosa was previously a major figure in South African national politics, he has in recent years become a prominent figure in the business community. He is a billionaire by South African standards and estimated to have a personal fortune of over £100 million and still growing by the day.
No this list is not the real one. I think Peter Ndlovu worthy morethan that he earned a lot while playing in the English premier, not only his footbll money, what about his investments in UK, Zim and South Africa?
Rightly so. I did explain that I just pulled this list out of newzimbabwe and was actually debating its acuracy. Anyone with any acurate information about peoples worth please let us know. I am not sure whether we can ever have an accurate list because people don’t go around divulging their worth.
peter dnt hv many investments. he was more into women n baby making busines
ana bennet vakaita mari nechiyadzwa so they also fit on the rich list.most of the guys vanemari havazivikanwe.most white guys havana kupinzwa palist but vakaita mari kare.ko vapfanha vaENG vaye vakaenda kupi?
True that. A lot of people made lots of money from the sale of diamonds and some are still making it.
kunze kapasura is one of the reachest people in zimbabwe
kunze kapasura is one of the reachest people in zimbabwe. he owns a multiplatinum company in Mana pools and Vic Falls
Sounds convincing. Any figures to back this up? We’d like toactually compile a list with actual figures you know. Peoples worth is quite a guarded thing in Zimbabwe for one reason or another.
Peter ndlovu hadi zwokutaura but ithnk he is worth a million or 2m
This so good,pliz keep on working.Thankx
what about gold dealers in kwekwe like MARK BURDEN making huge amounts of money
HOW ABOUT MARK MATHEW BURDEN A KWEKWE GOLD DEALER
NICHOLAS CHOTO EX PTC BOSS
Will google him and see what google says about him.
The list doesn’t include politicians, and white Zimbabweans so it is not a very conclusive list. If you have any names share them with us and maybe we can eventually come up with a list. Unfortunately, we dont the the resources that Forbes has to actually come up with a good list.
I didn’t know DP Ramaphosa was Zimbabwean!!
@ Mhlahlo, I didnt know that either??
But many South Africans are of Zimbabwean origin, just like many Zimbabweans are of South African descent.
why r there no white zimbabweans on your list
HW ARE ABOUT SAM’s TRACK
zim is rich take it or leave it thats your own
We’ll take it. zim is rich full of natural resources and beauty. We love Zim.
what about mugabe
Politicans aren’t included in the list, plus we don tactually know how much they are worth.
KWEKWE’S RICHEST -Themba Musekiwa , Mark burden,Peter Gore
Well done
Thank you
Billy Raughtenburg weSabot. Ignatious Chombo muridzi weHarare
Thats true. Thanks for the comment.
The flying elephant (Peter Ndlovu) earned a lot in England but is worth nothing
MOSES CHINGWENA former banker 16 years at UDC Holdings as General Manager Operations and Marketing then as COO of the century group laterly CFX now Interfin
Portfolio includes
Crocco Motors
Premier auto service
caltex service stations
spar supermarkets
steelnet
william bain and co
dulys
premier milling
barzem earth equipment
properties including BB house harare
shares in Interfin
printing and packaging company
right now lets talk any queries about blazo uyu are welcome nekuti akapenga
TAURA HAKO THIS BLAZ IS ON TOP PASINA GINYA
This sounds convincing.
GUNDA NW YOUN HAVE MENTIONED SOMEONE WITH THINGS AT PAR,,,him and his young brother a Farai Matsika,,this guy has separated the playing fields of real men and the toy boys in town,,,this is real money this guy is making,Look hw successful Croco Motors is ,all the Jacaranda lodges,Selous hotel,Pendenis shoping centre,Half of the garages in Masvingo,,all thE estates he owns in Chiredzi,,,CHINGWENA IS THE BOSS FOR NW
He sounds like a real contender. Anyone got more information on him.
I personally worked for Croco Motors,before,- my old man was a workmate with Chingwena at UDC LIMITED,there is mre to his empire thn wht u hv mentioned e.g house boats in Kariba etc
I personally worked for Croco Motors,before,- my old man was a workmate with Chingwena at UDC LIMITED,there is mre to his empire thn wht u hv mentioned e.g house boats in Kariba etc.l believe one day u wil read abt me,mark my words,not for fame tho bt for the Glory of God coz l can do all thngs thru Christ
is this true.
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Namba one ndiani
I’m yet to see figures so |I can’t confidently say who comes up tops, but wouldn’t you recom its Strive Masiiwa, Africa’s Telecommunications Baron??? My uninformed opinion..
well strive okay but he has to major hurdles to cross namely aliko dangote of nigeria and patrice motsepe south africa
Hi guys, well pamari yaStrive i am not too convinced these monies dzemashareholders and dziri pamoney market dzinonetsa u can wake up worth half what you where worth when u went to bed but my observation is Zimbos we love our monies iri cash and directly paid kwauri or maproperties,…………. n i respect that coz i think wealth is when you can tangibly hold it, jus that Zim rich are not as flamboyant as their counterparts from other places,………….will ask Chingwena exaclty how much he worth next time we have lunch……..;-)
Please do ask Phil what he is worth and then post it so we all can know. I hear he is not as rich as he sounds apparently and that he has overstretched himself and taken on too many overambitious projects.
peter akapera mari,,,plus maintanance irikumuponda,,,,shuwa mu nhu aimbohora 35000 pounds a week,otambiriswa 800 usa pamwedzi???????????izvezvi,vana varikuchengetwa na sistez ku london,sharon dee kugara nehama
Hi Dante, sounds like you have the inside story on Peter Ndlovu. Money grows wings hey.
well one thing without a doubt is without considering politicians strive is boss right now in zim. He is the only zim in africas top 40 richest and is estimated to be worth around 200 million USD..Vana chiyangwa and chingwena are still small boys compared to him…peter ndlovu i am not sure whether he is quite coz he is humble or he doesnt have muh money to flaunt..
as of friday i had $1.7 billion in stocks,bonds,and deposits alone…and im very zimbabwean
what about mpfana Enos Size,wepaGweru,mari dziya ndedzake here?kana arikutambira front Mnangagwa?
the list is not complete if you dont include young Tinashe Leslie Ndava in piggery projects and retail shops born 10 December 1988
How many pigs do you well in a year?
dont hate young guys who are doing it from Zvimba he is also a leader of T.E.A.M group follow it on facebook he is worth thousands of dollars if not a million
Hello Tina. We love young people. will check out TEAM. Well done and all the best for the future.
Tinahe Ndava is now part of the top young businessman and after five years will be over the top
definately the young man is doing it business wise
Let other men praise you?
This is an interesting article and should be pursued please.
myles macmilan???really finding that hard to believe.never heard of you mate!!lol 1.7 billion and toy have time to post on this site>laughout loud>>>
I did try to google him and didn’t get any hits. Well, I have no reason to doubt him, yet.maybe he is one of those who choose not to be zimbabwean.. but anyone can call themselves a billionaire online.
hahaha some people have time to waste…ahh Myles macmillan!!wtf dude!!!!!!!!
Ko mcleans maphosa anoita mamovie pajoni ane compony yebarloworld haapo
Give me five years,I will be competing with the likes of Strive Masiiwa,Aliko and Nígel Chanakira
haha lets hope so>lol.some peolpe are so ambitious its not even funny>>>heheh..kikikik.hahaha.aaahhh yas .lol
strive chete ndiye dhara revese!!
chiyangwa mwana mucheche pana Masiyiwa!! I know dat very well! Thumbs up to Strive
ko inini munondiziva here ? do yu know i’m also amoung the richest !
guys ere is also a young boy named Nigel Munya he got loads of money worth about $7.5 million
all these people are not rich check out josh sachikonye hes a milionaire n olso hs best mate chingwena who owns croco motors n nt forgeting our honourable president
@ maka. It is possible that the people we actually think are rich are not as rich as we think they are and the humble people who dont flaunt their wealth, may actually be among the richest.
Ndiyo list chaiyo but Benjan achiri mudiki pamari.Strive ndizvo
obert mpofu is the richest politician in zimbabwe then mnangagwa,dr mhlanga(mbada) ,masimirembwa(zmdc),billy(sabot),srtive masiyiwa…those are the pple with real money in zimbabwe
regardless of how they got it… stop writing vana chiyangwa because he says so…how can u put a footballer in a country like zimbabwe’s rich list..look at the mineral wealth we have pple???mining is the future..
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mngrglog@teledata.mz
okay
Your List is Lop-sided and not accurate. Where is ana Shingi Mutasa, Oliver Chidawu, Georg Guvamatanga, Mutumwa mawere, Shingi Munyeza? Huyai tikuudzei chaivo chaivo vane Mari MuHarare
@ Shingai, the list was taken from new zimbabwe, its not mine. Thanks for the heads up on these guys. If only we could get some hard figures to show what people are actually worth.
pliz gve a realy list
The list doesn’t beling to zimdev….. it is from newzimbabwe…
Wasiya vanamunjanja, nanavamadhaka, ipapo
got money bt no tym to flash
When you got money, people know. Often the ones who flash their money arethe ones with just a little bit of money…
what about Bosta MHUNDWA the first black zimbabwean to own earthmoving equipment hiring company DOZER MACHINE HIRE in the 90s the man was filthy rich but humble.i am sure if the man is to be alive by now we would be talking something he was a business magnet.
Myles Mcmillan imbada
what about D takaona
What bout him? Dunmore
net 500 m£
J.H.K.Sachikonye,yah.definitely. He owns 10 million shares in trust holdings which also runs trust merchant bank and other subsidiaries around Zimbabwe and the rest of the world. Currently he is chief executive officer of Rio Tinto Zimbabwe, a subsidiary of international mining giant Rio Tinto PLC based in London. He may possibly be earning over $500,000 USD a month.
He has a close relationship with British billionare Patrick Quake, and Collin Stein who runs Centermetal in Canada, a company they are all involved in.
His retirement package from Rio Zim was US10mill,which means the likes of Chanakira vanobva vatosara…
In Monaco, they put up at a hotel that costs 4000 euros a night.
Go to Walvis Bay in Namibia and ask who is the chairman of the board of Coast Freight. Also the Palabora mine – he has something there, too. He is like the old bourgeoisie of Europe.
Sounds convincing. At least you have some company names and figures to support.
Mr Sachikonye has since left Rio which owed Barclays $500 000, yet Mr Sachikonye was supposedly earning $500 000 monthly. The figures not so convincing after all.
What about Grace?
grac mugabe here?haana chiro uyop
How come the founder and owner of Orbz Corporation a company that operates in over 30 countries and has intrest in hospitality, ict, construction, proprty investment, telecommunications and banking…
his estimated worth is over €300 million prior to the fact that he gave 99,9 percent of his net worth to charity through the Orbz Foundation… So if we want to talk of a rich list then surerly we have to include the likes of Takudzwa Razemba who is just 22 and yet sit on MTN and Verizon BOD
will check him out right away. Thanks for sharing.
Over the past two years Zimbabwe’s economy has grown at substantial levels so as its entrepreneurs. When it comes tothe main business people in Zimbabwe, the first people that come into people’s minds are thelikes of Strive Masiwa, Shingai Mutasa, Philip Chiyangwa and Sam Levy only to mention a few. These people have made it in their circles and have also amassed wealth along their way.
Little credit has been given to one of the finest business acumen, who is making it big both regionally and internationally. Across Africa and beyond, every media house mentions his name. He was evenawarded The Times Personality of the Year 2011. Sanlam awarded him the C.E.O of the Year. His company also got the PWC Best employer of the year.He is even considered to be one of the most influential people in Sub-sahara under the age of 30. For a young man who achieved what many entrepreneurs would take decades to achieve surely the media ought to give him credit for his works.
This is the case for the one Takudzwa Razemba, the founder of the multi-billion dollar company that operates in 26 counties 16 of which are in Africa.Orbz Global Group of Companies listed on both the London stock exchange and FTSE has over 13 subsidiaries. Razemba is also the Chief Executive of Orbz Net (Pty) Ltd a JSE listed firm racking millions in revenue. Takudzwa Razemba is barely 22-years-old yet he runs a big empire that employs over 190 000 people. He is an investment magnet and is the youngest C.E.Oin Zimbabwe. Takudzwa a philanthropist through the charity work he does through theOrbz Foundation. Like the Strive Masiwa, surerly Takudzwa Razemba deserves his status.
Takudzwa Razemba beats Philip Chiyangwa by far in as far as net worth is concerned. Razemba’s company owns Heirs Holdings Nigeria a property and hospitality magnet that is 12 times bigger to Chiyangwa’s Pinnacle Holdings. Yet he is humble but influential.
MASIYA PG NAEDEN VANE MAHAMER
its an intresting one
ì think your list need to be updated.a number of prominent and wealth business people are not included.
zimdev js compile a list irregardless of figures.tione kt dhara ndiani.cum 2 tink o’ it y d debate strive masiyiwa idhara kani madii..thumbs up 2 d guru
Ini pano ndine twunhu twa
ngu varume,musabhaizwe.
Patrick Machaka, is also one of the richest guys in Zimbabwe. In 2006 he used to own Machaka Motors, he expanded his operations into South Africa in 2008, currently existing and going well as (Solja Boi Pimp my Ride). He studied in Victoria Falls at high school level and obtained a Degree in Business Risk Management, Australia. He has shares in a few companies in Zambia, Malawi and USA. He owns a few properties in Zimababwe and Angola. Was once involved in Gold Trading but got bankrupt in the early 2007 and sold his shares.
Taurai kazamula(gwatipedza) who is about to make US3.5 billion dollars is one of the richest in africa
I also want to counted amoungst the richest in africa one day! Help me God!!! It is possible and Yes! I can!!!
These guys are an inspiration to Africa,keep up the good work ,take us to that level!
There are wealthy guys who have enjoyed private quiet lives outside zim. Owen machona is worth over R1billion , mutumwa mawere is well over R5billion . This is wealth from mining projects in the African diaspora. James Makamba is super wealthy . They just can’t live in Zim because of haters
Yes Owen Machona has done well for someone with many haters , he is highly respected by the mining community mu South. He is a master of disguise , he has serious shares pa 3 JSE listed companies . Pricewaterhousecoopers vakapupurawo kuti ane chibhanzi
There are wealthy guys living outside zim who are enjoying quiet lives. Owen machona is worth over R1billion in mining assets , mutumwa mawere is over R5billion. James Makamba is super wealthy . Vapfana vebhora have nothing compared to these guys. Just remember that the loudest are normally the weakest.
Ndizvo pana Owen Machona , Mutumwa Mawere , James Makamba , Frank Buyanga . Vatambi vakuru chaizvo pandima. They are self made ndipo pazvinofadza. Hate them or love them.
ZIM has a lot of chilled guyz vane bunz , but nyaya dze politics make them discrete , ENG was known pachaka bvondoka but they had mad doughz..
Recently have been reading an article that says the 23 year old Nigel Munya Mavurudza of Zimbabwe is now worth $10million USD a rise from early last year’s $7.5million. The youngman is majoring in clothing designs and other undisclosed business.
Was up
mdara mbungo vanemari dzavo asi havadi zvekuonererwa
Obert Mpofu arikuita mari nemaDiamonds eZimbabwe ,,,he shld be there although the source of the wealth is questionable
Hey guys am working under a firm of UpSuccess group founded by a now multi millionare Nigel Munya. Investigations told me that this boss of mine’s real surname is Mukuku but is currently using the one you all know. I am really sure that he is worth more than $44 million but he operates undercover supposedly suspected to be a CIO. Never saw my boss just hear of him. It sounds strange but real.
I think you should consider also Mr Nicholas Vingirai and Mr Matangi . These are really humble rich people .
murikusiya chaivo chaivo vane mari like makandiwa, magaya, guys dzekuchurch ndodzineyese manje . tarisai pastor guti mathaza chaiwo
plus inini wacho mandisiyawo, i think i am worth a million coz ndine munda , mombe, mbudzi, huku, i am nearly there guys
What about mcleans maphosa who runs sa platinum and bos f barloworld transport is not in list
Just an update on the Zim young millionaires. Nigel Munya Mavhurudza recently bought a mansion in Harare not yet sure the location. Rumors say he is now worth about 13.6 million. He owns the UpSuccess Insurance Company and other minor businesses. I was once his lawyer, Jack Muchagura
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Cant wait to be on the list
Guys we have TAKUDZWA RAZEMBA worth over 780million
Takudzwa Razemba a young guy from Zimbabwe 25yrs old, second richest in zimbabwe from strive Masiiwa. His company is OBZ investment . He worthover 780 million USA DOLLARS