He owns a large portion of the locally owned department store Barbours as well as the ZSE-listed Miekles. Today, he has a net worth of $750,000,000. He started striving at the early age of 11, selling stamps to local collectors from his collections. Ken Sharpe. Strive Masiyiwa is now the richest black man in Southern Africa, with a net worth surpassing $4.4 billion - dethroning Patrice Motsepe from the position . Strive Masiyiwa's net worth dips by $100 million after $800 million rise. The highest-paid DJs are banking millions of dollars every year. He founded his own company Caselle Group Of Companies in Belgium after many years of hard work and persistence. Holdings: Rutenhuro Moyo holds a 3.2-percent stake in OK Zimbabwe, a leading supermarket retailer covering groceries, basic clothing and textiles and houseware products. Join the conversation below and share your opinion with us! Koudounaris has held a number of positions within the Group including Chief Executive Officer upon the Group's listing in 1998. He has a degree in economics and is a certificate holder of the CFA Institutes Investment Foundation Program. Zed Koudounaris. He is a rich tycoon that invests in lots of profitable businesses both within and outside the borders of Zimbabwe. Who is the richest man in Zimbabwe 2020? - 2023 Forbes estimated his net worth declined 31% and his ranking fell 138 spots on the Forbes list of the wealthiest Americans. But just who are these successful businessmen? In 2016, he and Fowler were discovered to have opened four companies in the British Virgin Islands and transferred money from their salaries to the firms in early 2015. He reportedly built Sam Levys Village without municipal permission and only regularised the complex when authorities threatened to demolish it. In this post, we will explore the 10 richest men in Zimbabwe as of 2022, as well as how they have been able to accomplish their wealth. Dr. Chipo Ndudzo - Managing Director. Top 10 Richest Men in Zimbabwe & Net Worth - Best Online Portal Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his partner Michael Fowler. Who is Zed Koudounaris? He is also widely known for having a tight relationship with Robert Mugabe. After that, he relocated to Zimbabwe, where he now controls a number of enterprises and more than 1600 square kilometers of land. zed koudounaris net worth The world's premier source of news on Africa's billionaires and UHNWIs. Based on figures derived from investment agencies, the latest annual reports and confirmations from capital market registrars, these are the 20 richest people who own stocks listed on the Zimbabwe Stock Exchange. The reason for this awful incident is unclear to this day. Nicholas Rudnick, a lawyer, ranks as the sixth-richest person in Zimbabwe. Top 10 Richest Men In Zimbabwe 2022; Current Net Worth The capital of this country is Harare which is also rated as the largest and most populous city in Zimbabwe. Thankfully, they are doing pretty well just like their father would. He has served in that capacity as the businesss CEO since 2004. These countries include Kenya, Mauritius, Zambia, Ghana and others. 15) Othman Benjelloun (Morocco) Net worth: $1.3 billion (2021) Age: 88. Holdings: Econet Wireless Zimbabwe, Cassava Smartech . He began working in a tobacco company just after he graduated from school. Below is the list of Top Five Billionaires in Zimbabwe. Top 10 Richest Men in Zimbabwe & Net Worth - Best Online Portal He is an accomplished businessman who co-founded Innscor Africa Limited with Zed Koudounaris in 1996. With a net worth of $793,000,000, John Bredenkamp is one of the richest men in Zimbabwe. Fowler is currently the brains between a new Gold mine, he co-founded Innscor Africa as a chicken shop in 1987. Top 10 Richest People in Zimbabwe - CareerAddict 2023 Billionaires.Africa. However, the abandonment of the Zimbabwean dollar and the adoption of a government of national unity have since seen the country experience a period of positive economic growth. This company used to be a chicken store before it was reformed into a manufacturing and sales company. Read More Meet The 10 Largest Carriers In The World 2023Continue, Read More The 10 Best Android Emulators For PCContinue, Read More Top 10 Richest Countries In Europe (2022)Continue, Read More The 12 Largest Deserts In The WorldContinue, Read More Easy Coach Ticket Prices, Booking, Bus Stations & ContactsContinue, Read More Tom Cruise Net Worth And Biography 2022 [Career, Age, Height]Continue, Your email address will not be published. Mr. Zinona ("Zed") Koudounaris serves as the Chairman of the ACIA Aero Leasing Group Board and the Group's Investment Committee. He took over the family business, Wheels of Africa, after being born in 1959. Want to meet the Richest Men In Zimbabwe? He is a member of the National Rsum Writers' Association and regularly contributes to our blog by sharing his advice and insights on rsum, job search and recruitment topics. The business started as a chicken store which later grew into a large FMCG production and distribution company. The company was set up 1993 and is now one of the largest business empires in the world. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Top 10 Most Expensive Cars in the World ([year]), Top 10 Highest Paying Jobs In South Africa ([year]), Top 10 Ways to Save Your Mobile Data: Surefire Tips [year], Top 10 Most Stable Currencies in the World ([year]), How To Download Videos From Pinterest: PC/Mobile Method, How to Download Video from Facebook ([year] Tutorial), Light Downloads: How to Download Movies from LightDL.xyz, Get Free 6,000 Active Nigerian Email Addresses Database List, Top 10 Best Currencies to Invest In ([year]), Top 10 Sites to Download Korean Movies for Free [year], John Grisham Net Worth and Biography ([year]). Richest Men In Zimbabwe 2023: Top 10 Wealthiest - Bscholarly The last figure on our list of the richest men in Zimbabwe is multi-millionaire Charles Davy. Nyaradzo Group Diversifies Into Agriculture, How to start a commercial gym in Zimbabwe, 6 Top Websites To Test Your Coding Skills For Free, How to develop a life-long learning mindset. Top 10 Richest People in Zimbabwe 2018 - Page 4 - popula trends At age 28, he was the countrys youngest millionaire. ZimCan263 Magazine by Kaybeth Media - Issuu In 2002, he was charged with manslaughter of a business rival and sentenced to 10 years in prison. Notify me of follow-up comments by email. As a founder shareholder of Innscor, Zinona (Zed) Koudounaris was the driving force behind the initial creation and success of the Innscor's core fast food brands. Age : 59. Also see: Most Beautiful States In USA 2023. Board of Directors | Simbisa Brands 20 richest investors on the Zimbabwe Stock Exchange Now lets spotlight these visionary men that Zimbabwe is fortunate to have. Holdings: Julian P. Schonken holds a 0.75-percent stake in Innscor Africa. Koudounaris is at the centre of the companys expansion drive and has been able to navigate the concerns of the Competition Commission due to his access to connections in the government. He is among the founder of Innscor Africa Limited together with Fowler in 1997. The company was started by Zinona Koudounaris, a Rhodes University alumna who made significant contributions to the creation of the first fast food restaurants as well as to the strategy and effective . As the editor-in-chief of CareerAddict, Chris oversees our content strategy and editorial operations. 280 Zimbabwean tycoons exposed in Panama Papers - Bulawayo24 News He resides in the United Kingdom and holds the position of Director for the Econet Wireless organization. Shocking Munatsi death not diligently investigated yet Davys daughter is none other than Chelsy Davy, the relatively famous former on-off girlfriend of Prince Harry between 2004 and 2011. 50 United States Unemployment Offices Closest To You, The 10 Best Roofing Companies In The United States, Top 10 Construction Companies in the United States, The 10 Best Employment Agencies In The United States, How To Download Videos From Social Networks [4 Tricks], Top 10 Best Fashion Schools In The World [2023], Worlds 10 Largest Hydropower: Top 10 Plants, Meet The 10 Richest Men In The World In 2023. 2023 Billionaires.Africa. He is worth more than $900 million. In his downtime, Chris enjoys traveling, gardening, collecting Cline Dion records, and taking (often unflattering) photos of his five rescue cats. He recently acquired Trek Petroleum assets and leases them to the new brand owners. Axia Corp operates in the specialty retail and distribution sector, with dominant businesses in the retail of household goods and appliances, automotive goods retail, and fast-moving consumer goods distribution across Zimbabwe. . The 10 Richest Presidents In Africa [Updated], 10 Countries With Most Beautiful Women In Africa. He is also reputed to provide financial services to a few chosen clients, both inside and outside of Zimbabwe. Net Worth: $734 million (603 million) Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since 1996, which he co-founded with Michael Fowler. Masiyiwa also owns 30.26 percent of Cassava Smartech, which is worth $145.1 million. Real deal: Shocking Munatsi death not diligently investigated yet Sharpe was involved in skiing accident while on a family vacation in Canada in 2007 a CT scan revealed that 60% of his brain cavity was filled with blood and was given a 3% chance of survival. Zimbabwe may not be the giant of Africa, but the country sure has some of Africas richest men. Although hes now considered a Zimbabwean, John Bredenkamp was born in South Africa, where he spent his first few years growing up. Nicholas began his commercial career at the age of 11 by selling stamps from private collections to renowned collectors. In Zimbabwe, Strive Masiyiwa is a renowned artist. Zed Koudounaris Archives - Billionaires.Africa Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his . As a majority shareholder in ZSE-listed companies such as Axia Holdings, National Foods, Colcom, and Padenga; Michael Fowler has an estimated net worth of $645,000,000. This amounts to a total loss of ZWL1.51 billion ($4.7 million) for the reclusive Zimbabwean businessman, who . David Mazvidza - Finance Director. He is also a long time ally of Emmerson Mnangagwa, he is very close to senior politicians in Zimbabwe since the 1998 DRC war. Comments can be sent to: news@billionaires.africa. He joined the Merchant Navy at 17 but lasted there only a year before he entered into the property business. His total fortune is estimated to be $734 million (603 million). Zinona Koudounaris is the founder of Innscor Africa Ltd. Zed has partnered with some of the largest companies out of Zimbabwe, including ZSE-listed companies such as Pandenga. Who is Mugabe's wife? Angolan tycoon Carlos Manuel de Sao Vicente sentenced to nine years over graft, Kenyatta, Merali and Ndegwa families will receive nearly $8.9 million in dividends from NCBA Group, Nicky Oppenheimers net worth surges above $700 million in 2023, Kenyan tycoon Benson Wairegi loses $2.6 million in eight months, Baloobhai Patel-linked Bamburi Cement sees profit dip below $2 million, U.S. court orders disgraced South African tycoon to pay $3.4 billion for forex fraud, Oprah Winfrey, the worlds richest Black woman, invests in German Skincare brand. Koudounaris portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and 20.86 percent of Axia Corporation, a company that retails and distributes electrical appliances, automotive goods and fast moving consumer goods. Alick Macheso - Net worth $3 million. It would be difficult to give a specific number of millionaires in Zimbabwe. Zimbabwe is a South African country largely known for its national parks, terrestrial wildlife, vegetative landscape, and waterfalls. . Michael Fowler is definitely one of the richest men in Zimbabwe. have a net worth of US$600m. To see this page as it is meant to appear, please enable your Javascript! Call Us Today! Nevertheless, there are hundreds of Zimbabwean men and women that are millionaires in dollars. Tagwirei founded Sakunda in 2005. 15 Richest People in Africa - Yahoo Finance Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his partner Michael Fowler. The entrepreneur and multimillionaire mogul founded the New Dawn Mining Corporation in 2008. He founded the company in 1997 together with fellow entrepreneur Michael Fowler. All rights reserved, Richest Men In Zimbabwe 2023: Top 10 Wealthiest. This company has grown and established itself not just in Africa but also on a worldwide scale. He was born in 1959 and took over the family business, Wheels of Africa, turning it into the largest trucking company in Africa. Before he turned 10, he relocated with his family to Zimbabwe which was known as Rhodesia at the time. The current chairman and founder of Falcon Gold Limited are the ninth on our list of richest men in Zimbabwe. After the Panama leaks, it was exposed that he wired funds to his different companies based in Britain which were illegal in the country. There are certain Zimbabwean business owners that have built empires over the years and amassed a lot of wealth. Vehicle Registration In the United States: How to Register a Car? Check Pages 1-44 of ZimCanadian Community Magazine - Februarry 15th ISSUE 01 in the flip PDF version. Charles Davy, who was born in 1952, is the seventh wealthiest person in Zimbabwe and is well-known for owning over 1300 square miles of property there through Lemco Safaris and HHK Safaris. He gained affluence through his hunting business which he began in the late 1990s. . Mushayavanhu owns 6.6 percent of the company. Born in Bulawayo, Zimbabwe, he first worked for Kantor and Immerman before relocating to the UK. This amounts to a total loss of ZWL1.51 billion ($4.7 million) for the reclusive Zimbabwean businessman, who is one of the countrys wealthiest. Born in 1968, Ian Saunders has held many technical and managerial roles in South Africa and Zimbabwe and has more than 20 years experience in the mining industry. Download ZimCanadian Community Magazine - Februarry 15th ISSUE 01 PDF for free. Manage Settings He has expanded his business across 13 African counties including South Africa, Angola, and Mozambique. Koudounariss go-between with government and political functionaries is Musekiwa Khumbula, a former journalist and information ministry officer who works as a consulting executive for Innscor. He is on the board of Innscor Africa Ltd. (former CEO & Non-Independent Non-Executive Director), Simbisa Brands Ltd. and . Mr Koudounaris is also believed to have other interests in farming, mining, real estate and tourism. However, he pulled through and woke up on his daughters 11th birthday. Tagwirei is credited for mobilizing finance for governments Command Agriculture in 2016. In May 2016, an investigation into the Panama Papers revealed that both Fowler and Koudounaris had violated Zimbabwean law by transferring money from their salaries to offshore accounts in the British Virgin Islands. He is also a significant investor. Born in 1973, Kenneth Raydon Sharpe is the Executive Chairman of West Properties Company. His 18.41-percent stake in the company is worth $60.4 million. Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since 1996, which he co-founded with Michael Fowler. This is one of the richest people in Zimbabwe that pursues a career in sports. The Sam Levy Familys net worth is over $677,000,000. Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since 1996, which he co . In 2022, Patel acquired an additional 7.9 million shares worth $2.52 million in Bamburi Cement. This was apparently in violation of Zimbabwe's laws which prevent money earned in Zimbabwe from being transferred to offshore accounts unless approved by the central bank. He was also the pioneer managing editor of Ventures Africa and built it into one of the continents most influential business news companies. Billy Reutenbacks business ventures include car manufacturing, farming, mining and trucking. Zed is a founder shareholder of the Group and was the driving force behind the initial creation and success of the Group's core fast food brands. The company was set up 1993 and was granted a telephony license in 1998 at a time when 70% of the countrys inhabitants had never heard a telephone ring, and is now one of the largest business empires in the world. According to Zimbabwean law, this is prohibited unless authorised by the Zimbabwe Reserve Bank which, naturally, was not. 2023 AllroundGist | Designed and Managed by AllroundGist. He is one of the richest people in Zimbabwe with a ton of luck and miracles. There is no denying that Zimbabwe has a number of wealthy men. Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his partner Michael Fowler. With the affluence he has gained over the years he is a philanthropist and humanitarian in Zimbabwe, providing over 100,000 students with scholarships. Join us as we take a look at the top 10 richest people in Zimbabwe. Zed Koudounaris. Simbisa currently operates 413 Quick Service Restaurants (QSR) in 9 countries across Africa. Koudounaris' portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and . He constantly read the papers, including the Financial Times. Zinona (Zed) Koudounaris Bio - Wiki Mzansi He gained notoriety for lending Mugabe more than $10 million. Zimbabwean Canadian Community Magazine- for Zimbabweans in Canada. Additionally, he and his family own property in Harare. Wairegi owns a beneficial 4.02-percent stake in the Kenyan investment holding. Additionally, it is stated in the record that his companies employ about 600 Black families nationwide. CareerAddict is a registered trademark of He is heavily invested in Tripple C Pigs. His properties generate a minimum of $20 million every year. Net worth: Estimated US$1 Billion. He founded the Casalee Group of companies in 1976, which was primarily a leaf tobacco merchant company, eventually becoming the fifth largest tobacco merchant in the world and effectively making Bredenkamp one of the richest people in Zimbabwe. . The recent increase in Nicky Oppenheimer's net worth builds on his gains in 2022 when his net worth increased by $75 million. Innscor itself has grown to become one of the largest conglomerates in Zimbabwe with interests in Colcom, National Foods, Capri, Profeeds, Pro Brands, NatPak and Irvines. Notify me of follow-up comments by email. His 18.41-percent stake in the company is worth $60.4 million. Mambo Dhuterere gets more than US$30K, residential stand on his album Scott Sakupwanya spoils his wife with a new Range Rover, Ginimbis Boyfriend Speaks For The First Time, Ginimbi s Sister Is Not Inheriting All His Wealth Manager. He was born in 1959 and took over the family business, Wheels of Africa, turning it into the largest trucking company in Africa. He rose to prominence after overcoming government objections to build Econet Wireless Zimbabwe, an independent mobile phone network, in 1998. The majority of the nations millionaires and billionaires are also renowned for making substantial investments in the telecommunications industries. In fact, it is well known that his significant investments are what propelled him to the seventh spot on the list of Zimbabwes wealthiest individuals. 0333 344 7476. flare network coinbase. Zinona Koudounaris, commonly known as Zed Koudounaris, is a Zimbabwean entrepreneur known mostly for having co-founded Innscor Africa Limited. He survived a 60% brain cavity after a skiing injury and woke up from a coma on his daughters birthday. Net worth on the ZSE: $664.3 million . Together with Fowler, he helped form Innscor Africa Limited in 1997. . Koudounaris has served as Non-Executive Director of innscor since April 1996. Required fields are marked *. Net worth: $860 million. Strive Masiyiwa had to spend a few years fighting through the governments opposition. With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. All Rights Reserved. Zimbabwe has 16 official languages, but despite the tribal and language differences of the citizens in this country, they continue to co-exist in harmony to ensure the continual development of the nation. With a GDP now exceeding $28 billion, Zimbabwe is slowly recovering after years of turmoil and turning into the next big thing. Real estate, agriculture, mining, and tourism are some of Zed Kuodounaris other interests. Save my name, email, and website in this browser for the next time I comment. He joined the company in 1996 and was appointed CEO in March 2021. 1961 . Then, at such a young age, he started his real estate company. Recommended: Best Science Courses To Study In The University 2023. The consent submitted will only be used for data processing originating from this website. Net worth: $1.5 billion With a net worth of $743,000,000, Rautenbach built his business empire expanding to more than 12 countries on the continent including DRC, Zimbabwe, South Africa, Angola and Mozambique with Sabot as the cash cow. This is as a result of the substantial contributions made by the populace to the advancement of the nation. 2020. Find more similar flip PDFs like ZimCanadian Community Magazine - Februarry 15th ISSUE 01. He has interests in the trading of tobacco, diamond mining, and sports marketing. In 2016, he and Fowler were discovered to have opened four companies in the British Virgin Islands and transferred money from their salaries to the firms in early 2015. Posted by Staff Writer | May 7, 2019 | All Articles, Entrepreneurs Profiles, ZSE | 0. ZZZ, ZZZZ doodle bed sleep snore icons ZZZ, ZZZZ doodle bed sleep snore icons. Zinona (Zed) Koudounaris (Non-Executive Director) As was already mentioned, Simbisa Brands is an Innscor subsidiary that was established in 1987. Koudounaris' portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and 20 . . Feyisayo holds a degree in geology from the acclaimed University of Ibadan. His net worth is $734,000,000. After selling the firm in 1993, he expanded into other industries, including the grey market for weaponry, sports marketing, and real estate. Together with Fowler, he helped form Innscor Africa Limited in 1997. In Zimbabwe, Billy Conrad is a well-known businessman. The more the information the public was fed the less informed they became about Munatsi's weird departure. 14,400+ Zed Stock Photos, Pictures & Royalty-Free Images - iStock Previously, he worked as a journalist at Nairametrics. Zimbabwe has some assets and resources to be proud of. Net worth on the ZSE: $101.1 million. He has also worked in the mining industry, gathering over 20 years of experience. zed letter; zed us; Sort by: Most popular. Surviving Cancer - Issuu Zed is a mega-rich mogul, Zimbabwean businessman, and entrepreneur who co-founded Innscor African Limited alongside Michael . He has stakes in Puma Zimbabwe which acquired Sakunda Petroleum and Redan assets. He is considered one of Africas most generous humanitarians, using his wealth to provide scholarships to more than 100,000 young Africans over the past 20 years, as well as sponsoring students at universities in China, the UK and US. vilken harry potter karaktr r jag mest lik. 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