10 Richest Zimbabweans 2019

Richest Zimbabweans

Zimbabwe might be one of the world’s poorest countries but not everyone is poor in Zimbabwe. In fact most people in the 10 Richest Zimbabweans list are competitively matching up with most Rich people in the African continent.

Below is the list of 10 Richest Zimbabweans:

10. Prophet Emmanuel Makandiwa US$ 120 million

Prophet Emmanuel Makandiwa
Prophet Emmanuel Makandiwa

Talk of power, influence and blessings. Prophet Emmanuel Makandiwa has all 3 in abundance. He leads the second largest church in Zimbabwe with an estimated 30 000 congregants per Sunday seating. Founder of United Family International Church is popular for his ministry work. What many do not know or choose not to believe is that he has numerous businesses in and outside Zimbabwe that are doing well. He the majority shareholder of the Zimbabwe Stock Exchange list Rador Group, one the country’s largest real estate companies. What may come as a surprise is that he has exclusive rights to Ster Kinekor franchise in Zimbabwe and Zambia. So if you have ever gone to movie house in Zimbabwe or Zambia, it is all made possible by Prophet Makandiwa.

9. Shingai Mutasa $144 million

Shingai Mutasa
Shingai Mutasa

Shingai Mutasa has a net worth of at least US$142 million. Mutasa returned to Zimbabwe in 1980 after completing an Economics degree at University College London and commenced a career in commodity trading and marketing through a family-owned company. Mutasa’s strategic acquisitions strategy propelled him from mere commodity broker to one of the Richest Zimbabweans.

8. John Mangudya US$ 151 million

John Mangudya
John Mangudya

John Mangudya is an economist and the current Reserve Bank of Zimbabwe governor. Mangudya, who sits on many local and international boards .He was made RBZ governor after the expiry of Gideon Gono’s term in 2014. He had been CBZ Holdings Ltd Chief Executive since April 2012 before this appointment.

7. Philip Chiyangwa US$ 288 million

Philip Chiyangwa
Philip Chiyangwa

Businessman and politician Philip Chiyangwa is the founder of the Affirmative Action Group, a chair of Native Africa Investments Ltd and has served as a Zanu-PF MP. He is a cousin of Robert Mugabe. Chiyangwa recently made headlines when his wife of 25 years filed for divorce and demanded a significant share of his wealth valued at US$288 million . Elizabeth Chiyangwa sought 85 per cent of her husband’s assets and maintenance of £53,000 a month for 10 years.

6. Uebert Angel US$ 340 million

Uebert Angel
Uebert and Beverly Angel

Flamboyant preacher Uebert Angel is a man who divides opinion. While some see arrogance others see confidence, while some see flamboyance others see a cunning and shrewd businessman. Where there appears little debate is that the young Masvingo- born, British national whose growth to prominence has been predicated on him being a charismatic man of the cloth, is a filthy rich multi-millionaire, living in the United Kingdom. His Sam Barkeley Construction company recently bought an electric power station in Sleaford Town Centre which they have started demolishing in order to build houses for sale. We estimate that the total sum of his real estate projects is around $290 million. This includes a total of 380 properties in Botswana, Zimbabwe, South Africa, Bulgaria, United Kingdom and the United States of America.

5. Sifiso Dabengwa US$ 360 million

Sifiso Dabengwa
Sifiso Dabengwa

Raymond Sifiso Ndlovu Dabengwa was appointed chief executive officer and president of MTN, Africa’s largest mobile operator, in March 2011. In July 2013 he was named the highest paid CEO in the South African telecoms and technology sector, according to MyBroadband. Dabengwa ended the 2012/13 financial year R23.5m richer. This includes a base salary of R8.4m ($772,735), benefits of R1.678m and a bonus of R13.45m. Prior to joining the MTN Group in 1999, he was employed as Executive Director at South Africa’s electricity generator Eskom. Dabengwa holds a B.Sc. in Electrical Engineering from the University of Zimbabwe and an MBA from Wits University.

4. Billy Rautenbach US $580 million

billy rautenbach
Billy Rautenbach

Billy Rautenbach is a wealthy businessman known mostly for his large business empire and close links to ZANU-PF. He owns one of the country’s largest freight companies called Sabot. It is alleged he aided the Zanu-PF government financially, after the imposition of sanctions on it by the EU and US. In return, Rautenbach got lucrative drilling and mining deals.

3. Nicholas Van Hoogstraten

Nicholas Van Hoogstraten
Nicholas Van Hoogstraten

Nicholas van Hoogstraten is a British businessman and real estate magnate whose business interests include Zimbabwe. Van Hoogstraten is known for his business empire as well as his controversial life story: in 1968, he was convicted and sent to prison for paying a gang to attack a business associate.

2. John Bredenkamp US$ 800 million

John Bredenkamp
John Bredenkamp

John Bredenkamp is a Zimbabwean arms dealer who in 1976 founded the Casalee Group, ostensibly trading in tobacco through a large network of branches across Argentina, Brazil, Bulgaria, China, Greece, India, Russia, Spain, Thailand and the USA. In fact it appears to have breached UN sanctions in many of its deals. Television documentaries have shone a light on Bredenkamp’s arms trafficking activities. Firstly, a 1994 UK TV documentary “The Casalee File” alleged that Bredenkamp had supplied arms to Rhodesia, Iran and Iraq, as well as mines sold to Iraq which killed and maimed UK soldiers in the Gulf war. In 2007, a Swedish investigative documentary, Uppdrag granskning concurred. Bredenkamp is a serious power player and finds himself as one of the Richest Zimbabweans.

1. Strive Masiyiwa US$ 2.3 Billion

Strive Masiyiwa
Strive Masiyiwa

Wealth of the 9 richest Zimbabweans combined still can’t match the wealth of Strive Masiyiwa.

Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. His other assets include stakes in mobile phone networks in Burundi and Lesotho, and investments in fintech and power distribution firms in Africa. He and his wife Tsitsi founded the Higherlife Foundation, which supports orphaned and poor children in Zimbabwe, South Africa, Burundi and Lesotho. Masiyiwa is the Richest Zimbabwean.

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