Rich List

The Richest People In Tanzania

2) Rostam Azizi – Net Worth $1 Billion

Rostam Azizi is the first billionaire from Tanzania. In May 2014, he sold a 17.2 percent stake in Vodacom Tanzania, the largest mobile phone operator in the nation. He also owns Caspian Mining, a contract mining company that provides mining services to giants like BHP Billiton and Barrick Gold. Caspian Mining also owns several mining concessions for gold, copper and Iron ore in Tanzania. Other assets include a stake in Dar es Salaam Port in which he is a partner with Hutchison Whampoa and extensive real estate in Tanzania, Dubai, Oman and Lebanon.

Rostam-Azizi-Forbes-Net-Worth

1) Mohammed Dewji – Net Worth: $1.3 Billion

This 40-year-old Tanzanian millionaire is the youngest among Africa’s 50 richest for the third year. He owns 75 percent of METL Group, one of Tanzania’s largest industrial conglomerates founded by his father. Mohammed Dewji turned a trading house into industrial conglomerate. He acquired government-owned manufacturing plants in the textiles and edible oils industries on the cheap and transformed them into profitable businesses using lean management style.

Mohammed Dewji

The above-mentioned millionaires have proved that it is possible for anyone to be rich as long as the person is willing to work hard, with focus.

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One comment

  1. 1

    Cool list, Tanzanian economy is gradually growing, the list of millionaires in tanzania is continously growing too

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