Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Zimbabwe's first billionaire

Friends in high places: The 56-year-old businessman is pictured with former US President Barack Omaba in Washington DC in 2016
The 56-year-old businessman is pictured with former US President Barack Omaba in Washington DC in 2016


Mr Masiyiwa made his fortune in telecoms, setting up his company in 1993

A businessman based in London has become Zimbabwe's first billionaire.  He has also been named the 14th richest man in Africa.

Telecoms tycoon Strive Masiyiwa, 56, is now worth $1.7bn (£1.26) according to Forbes.
The engineering graduate was born in Zimbabwe, but moved to the UK as a child.  He attended secondary school in Scotland and graduated from the University of Wales.

Winning: Telecoms tycoon Strive Masiyiwa, 56, has become Zimbabwe's first billionaire - the 14th richest man in Africa - and is now worth $1.7bn (£1.26) according to Forbes

When he returned to Zimbabwe in 1984, Mr Masiyiwa began working in Telecoms Setting up Econet in 1993.

In 1998, despite opposition from the now-deposed dictator Robert Mugabe he launched a mobile phone network.

The Econet Wireless group now operates in Africa, Europe, South America and the East Asia Pacific Rim, with Mr Masiyiwa living in London as of 2010.

Mr Masiyiwa is also known as one of the most prolific African philantropists, focusing in particular on young people,
He started the Higherlife Foundation together with his Wife Tsitsi, which pays school fees for over 40,000 students in Zimbabwe, South Africa, Burundi and Lesotho who are either orphaned or from low-income families.

Caring: Mr Masiyiwa and his wife Tsitsi, pictured in 2016, are devoted philantropists and run several organisations supporting young people in Africa
Mr Masiyiwa and his wife Tsitsi are devoted philantropists and run several organisations supporting young people in Africa


This post first appeared on BEULALANDBLOG, please read the originial post: here

Share the post

Zimbabwe's first billionaire

×

Subscribe to Beulalandblog

Get updates delivered right to your inbox!

Thank you for your subscription

×