40. Rostam Aziz

40. Rostam Aziz

Description: Net Worth: $1.2 BILLION
Industry: Diversified
Country of Citizenship: Tanzania
Age: 54
Number of Jobs Created: 1,639

Tanzania’s other billionaire is clearly one of the few businessmen to successfully straddle the worlds of politics and business. Aziz, a businessman and politician of Middle Eastern origin, was elected a member of the Tanzanian parliament in 1993, and went on to win two consecutive terms as MP. He served as finance and economic secretary in the Tanzanian parliament until 2007.

Aziz quit politics in 2011 to focus on his family business. He recently made $240 million from selling 17.2 percent of his 35-percent stake in Vodacom Tanzania, the country’s largest mobile telecommunications company. He owns Caspian, the country’s largest contract mining company, and the Dar Ed Salaam Port in partnership with Hutchinson Whampoa. His family’s other interests include leather production, media, shipping, and tourism.

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