Description: Net Worth: $1 BILLION Industry: Telecommunications Country of Citizenship: Zimbabwe Age: 53 Number of Jobs Created: 3,970 The Zimbabwean businessman is the largest shareholder in Econet, a Zimbabwean telecommunications company with 11 million subscribers in Zimbabwe, Lesotho, Bostwana and Burundi. The company also has licenses in New Zealand and Papua New Guinea. Apart from mobile telecoms, the group has an interest in TN bank, a commercial bank in Zimbabwe. Strive spotted the mobile telecoms opportunity in Nigeria at an early stage and swiftly went on to secure a telecoms license through Econet Wirless. However, due to disagreements with other shareholders, Econet was forced to sell the majority of its business to another telecoms company. A devoted philanthropist and Christian, Masiyiwa offers scholarships to 35,000 Zimbabwean orphans through his Higher Life Foundation, a Christian charity organisation run by his wife, Tsitsi Masiyiwa. |
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