A peek into the life and business empire of Strive Masiyiwa, Zimbabwe's first billionaire

Masiyiwa now worth $2.3 billion, adding about $.3 billion since 2018 that he joined the Billionaire's club.

Strive Masiyiwa, Econet wireless chairman
  • Strive Masiyiwa is known to be one of the biggest spenders ready to see Africa grow.
  • The 57-year-old entrepreneur and businessman is the owner of Econet Wireless and the only billionaire in Zimbabwe
  • He runs a non-profit organisation, Higherlife foundation. together with his wife, Tsitsi Masiyiwa.

Zimbabwean Strive Masiyiwa joined the billionaire's club in 2018 and the first to attain the status in the history of the South African nation.

On the Forbes’ real-time billionaire's sheet, Masiyiwa now worth $2.3 billion, added about $.3 billion since 2018 he joined the Billionaire's club.

The 57-year-old entrepreneur and businessman is the owner of Econet Wireless (Econet), a privately held global telecommunications company with presence in more than 20 countries including Zimbabwe.

Business Insider Sub-Saharan African looks at his wealth, businesses and philanthropic activities around the world:

Masiyiwa's business empire

Apart from Econet Group, Masiyiwa has interest across the US with a stake in Trilogy International Partners. The US firm built New Zealand's third mobile network operator known as "2 Degrees". He also owns a majority stake in fibre optic firm, Liquid Telecom.

He is also on board of Unilever.

His philanthropy

Masiyiwa is known to be one of the biggest spenders ready to see Africa grow. He has one of the largest support programmes for educating orphans on the continent through his family foundation.

He had once joined forces with Africa's richest man, Aliko Dangote to tackle the 2014 Ebola in West Africa, raising $35 million to cauterise the epidemic and bolster the economies of affected countries.

He has also supported organisations and causes in the fight against HIV/AIDS, Cervical Cancer, malnutrition and environmental issues across Africa.

Like Nigerian Billionaire, Tony Elumelu, Masiyiwa also devotes time to mentoring the next generation of African entrepreneurs on Facebook and his page is one of the most engaging on the platform.

Strive Mayisiwa’s mansions

A New York real estate newspaper, Real Deal, reported in 2016, that the Zimbabwean telecoms tycoon Strive Masiyiwa bought two penthouse units at the prestigious Eldorado tower for $24.5 million.

The London-based billionaire's two penthouse was adjacent units at the 29-story tower at 300 Central Park and have five bedrooms spread across the top two floors of the building.

The Mayisiwas

The Zimbabwean billionaire Strive Masiyiwa and his wife, Tsitsi Masiyiwa, run a non-profit organisation, Higherlife foundation. The NGO empowers vulnerable children through education and creating opportunities for highly talented young people.

The family has 6 children and one of them battled cancer in 2016.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

4 side effects of being a virgin for too long, according to research

4 side effects of being a virgin for too long, according to research

KDF moves to forcibly acquire Sh 500M supermarket land in Nairobi

KDF moves to forcibly acquire Sh 500M supermarket land in Nairobi

Zari Hassan lectures Tanzanians over her viral black innerwear video

Zari Hassan lectures Tanzanians over her viral black innerwear video

DP Ruto's firm wins Sh190M Nairobi county gov't tender

DP Ruto's firm wins Sh190M Nairobi county gov't tender

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Diana Marua hospitalized, Bahati gives update [Photos]

Diana Marua hospitalized, Bahati gives update [Photos]

Betty Kyallo shares photos of the first Subaru she bought after joining KTN

Betty Kyallo shares photos of the first Subaru she bought after joining KTN

North Korean man who smuggled 'Squid Game' into the country to be sentenced to death

North Korean man who smuggled 'Squid Game' into the country to be sentenced to death

Yvette Obura’s heartwarming message to Diana Marua excites Kenyans

Yvette Obura’s heartwarming message to Diana Marua excites Kenyans