[2], Zimbabwe's Innscor Africa Directors Ensnared in Panama Papers, Mnangagwas oligarchs: The heirs of Cecil Rhodes. Ken Sharpe and Dr James Makamba each In the 1990s, John Bredenkamps company became the largest tobacco merchant in Zimbabwe. Vector signs of nap, rest, dream or relax sound, comic book text sound effects with ZZZ . Zinona Koudounaris is the founder of Innscor Africa Ltd. We and our partners use cookies to Store and/or access information on a device. Masiyiwa is the founder and executive chairman of Econet Wireless, a diversified telecommunications group. At the moment, Zed sits on a number of boards which include Innscor Africa Limited, Simbisa Brands and Axia Corporation Limited. The Top 10 Wealthiest Men in Zimbabwe are listed below. Previously, he worked as a journalist at Nairametrics. 20 richest investors on the Zimbabwe Stock Exchange Kenyan banker James Mwangis Equity Group receives approval to acquire Spire Bank, Meet Mohammed Dewji, Tanzanias King of Wealth, with $1.5-billion net worth, 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. Expansion of Simbisas footprint in Kenya remains a priority and in the six months to 31 December 2021, 26 new counters were opened in the market to close the period with 190 counters, Simbisa brands said in a regulatory filing. All Rights Reserved. Zed Koudounaris. His stake is worth $519.1 million. He peddled different items and made thousands of dollars at that early age. Michael Fowler. Join us as we take a look at the top 10 richest people in Zimbabwe. Born in Zimbabwe, Zinona Zed Koudounaris completed his tertiary education at Rhodes University in South Africa where he attained a Bachelor of Commerce Degree in Business and Computer Sciences. Billy Reutenbacks business ventures include car manufacturing, farming, mining and trucking. This list of Zimbabwes richest men is compiled from the Forbes list. Tagwirei is credited for mobilizing finance for governments Command Agriculture in 2016. Holdings: Trynos Kufazvinei holds a 3.4-per cent stake in the financial services group, FBC Holdings. Recommended: Most Handsome Nigerian Male Musician. With a highly successful business, Ken Sharpe has a net worth of $690,000,000. In Zimbabwe, Strive Masiyiwa is a renowned artist. He recently acquired Trek Petroleum assets and leases them to the new brand owners. Additionally, they bring in foreign currency through their business endeavors, which significantly strengthens Zimbabwes economy. The fact that he managed to keep it during President Robert Mugabes land seizures in the 2000s still stirs controversy, and he reportedly made his fortune from his links with Mugabe and his regime. His 4.19-per cent stake in the company is currently worth $11.6 million. He has interests in the trading of tobacco, diamond mining, and sports marketing. Net worth on the ZSE: $664.3 million . 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. Most people know him from the song . Ken Sharpe is one of the most successful businessmen in Zimbabwe. Real deal: Shocking Munatsi death not diligently investigated yet Nevertheless, John Bredenkamp grew up to become an accomplished businessman. The consent submitted will only be used for data processing originating from this website. Net worth: $590 million (about 485 million). If you Google the current Richest Men in Zimbabwe Net Worth according to Forbes, you would be presented with a host of results that might confuse you. He was rated as the youngest millionaire in Britain at 28. Ngoni Chamanga - Head Of Human Resources Affair. [ April 12, 2023 ] Guns out for Hopewell Chin'ono, CCC accuses him of discrediting the party Headlines [ April 12, 2023 ] Man City beats Bayern 3-0 in Champions League quarterfinals Sports 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. Simbisa owns, operates and franchises some of the most popular quick-service restaurant brands in East and Southern Africa, including Pizza Inn, Chicken Inn, Nandos and Steers of South Africa. 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. He owns a 0.49-percent stake in the company, which is worth $5.8 million. Koudounaris, one of Zimbabwe's most successful businessmen, is the founder of Simbisa brands. He owns a large portion of the locally owned department store Barbours as well as the ZSE-listed Miekles. Who is Zed Koudounaris? Net worth on the ZSE: $101.1 million. 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. As a result of the recent decline in the company's shares, the market value of Zed Koudounaris' stake in Axia Corp has dropped by 11.8 percent from ZWL12.75 billion ($39.59 million) on January 5 to ZWL11.23 billion ($34.88 million). He has served in that capacity as the businesss CEO since 2004. CEO and Director at Sakunda Holdings Group and a businessman with vast interests in the energy sector, transport and mining. bokstavsballonger shein. Age : 59. He is worth more than $900 million. He also makes a lot of money by running hunting safaris which, in 2005, were reported to typically cost 660 (about $802 today) per day to shoot lions, elephants, leopards and buffalo on 24-day expeditions. It would be difficult to give a specific number of millionaires in Zimbabwe. Search and overview . Holdings: Innscor Africa, Padenga Holdings. In 2016 Koudounaris and Fowler were named in the Panama Papers as having opened four companies in the British Virgin Islands and transferring money from their salaries, against the countrys forex regulations. Bonnie Deuschle . CareerAddict is a registered trademark of Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since 1996, which he co . He had a humble childhood as an early orphan. This article will give you the breakdown of Richest Men in Zimbabwe Net Worth. 20 richest investors on the Zimbabwe Stock Exchange Holdings: Ketan Joshi holds a 1.62-percent stake of FBC Holdings. He has since gone on to become a highly successful property tycoon in fact, by the age of 23, he was Britains youngest millionaire with a portfolio of more than 300 properties. His 18.41-percent stake in the company is worth $60.4 million. Chris Koudounaris (@koudounaris) Instagram photos and videos 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. Ken Sharpe. In 2002, he was charged with manslaughter of a business rival and sentenced to 10 years in prison. According to social media reports Ochola, better Rimo Jackson, the man who lived and travelled everywhere with the late Genius 'Ginimbi' Kadungure, has given an interview to Techmag TV. Read Also: The 10 Richest Presidents In Africa [Updated]. With a net worth of $590,000,000, Ian Saunders made a fortune even before he established his own business. 219 Followers, 842 Following, 926 Posts - See Instagram photos and videos from Chris Koudounaris (@koudounaris) Card payments collected by DeltaQuest Media Limited, company no. He is an accomplished businessman who co-founded Innscor Africa Limited with Zed Koudounaris in 1996. A former Forbes Magazine contributor covering African wealth and entrepreneurship, Mfonobong conceptualized, initiated, and managed for a decade the Forbes annual ranking of Africas richest people. He founded a supermarket in 1960, The Maceys store limited. Mr. Zinona ("Zed") Koudounaris serves as the Chairman of the ACIA Aero Leasing Group Board and the Group's Investment Committee. The business started as a chicken store which later grew into a large FMCG production and distribution company. Holdings: Insscor Africa, Simbisa Brands, Axia Corporation. Besides, aside from these 10 figures, Zimbabwe has hundreds of businessmen that are millionaires in dollars. #4 Zinona Koudounaris Net worth on the ZSE: $101.1 million . It is also well known that their firm, Innscor, has holdings in Irvines, Profeeds, ProBrands, NatPak, and Profeeds. Mambo Dhuterere launched his new album yesterday at HICC. Who are the richest men in Zimbabwe? This is one of the richest people in Zimbabwe that pursues a career in sports. Black Church, St. Marys Place, Dublin 7, Ireland. Zinona (Zed) Koudounaris (Non-Executive Director) As was already mentioned, Simbisa Brands is an Innscor subsidiary that was established in 1987. All Rights Reserved. The successful and influential businessman is one of the richest people in Zimbabwe currently. He has since gone on to hold a seat on five corporate boards, most notably at New Dawn Mining Corp. where he is also President and CEO (since 2006 and 2008, respectively). Catalog. He (andhis fortune) is survived by his wife and their four children. 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. 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. Thankfully, they are doing pretty well just like their father would. He is one of the richest people in Zimbabwe with a ton of luck and miracles. Net worth: $1.3 billion He gained affluence through his hunting business which he began in the late 1990s. As the editor-in-chief of CareerAddict, Chris oversees our content strategy and editorial operations. 20 Richest Investors On The Zimbabwe Stock Exchange Nigerian billionaire Abdul Samad Rabiu donates $4.8 million to construct University College of Medical Sciences in Sokoto, The 20 richest investors on the Botswana Stock Exchange, 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. According to Forbes, his net worth is estimated to be around $1.3 billion. Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his partner Michael Fowler. The last figure on our list of the richest men in Zimbabwe is multi-millionaire Charles Davy. A chicken and chips shop has over the years grown into a diversified company with annual revenue of more than $600-million and has spun off other businesses and separately listed them. All rights reserved, Richest Men In Zimbabwe 2023: Top 10 Wealthiest. . John Bredenkamp, who was born in South Africa in 1940, later migrated to Rhodesia as a young child. Zinona Koudounaris - Biography - MarketScreener.com Michael Fowler, whose name was referenced previously in this essay, is where we now are. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. He is a very wealthy guy now. Join the conversation below and share your opinion with us! Koudounaris' portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and . In fact, he is also referred to as the African Napoleon. After establishing his company in 1990, he actively engaged in the confectionery and food distribution business in the country. Do you have anything youd like to add? He is a rich tycoon that invests in lots of profitable businesses both within and outside the borders of 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. Koudounaris, one of Zimbabwe's most successful businessmen, is the founder of Simbisa brands. He has held several positions within Innscor and was its Chief Executive Officer when it listed on the Zimbabwe Stock Exchange (ZSE) in 1998. Zinona (Zed) Koudounaris Bio - Wiki Mzansi However, he pulled through and woke up on his daughters 11th birthday. Zimbabwe is one of the emerging nations with the fastest rates of growth. The Zimbabwean richest man was not in for games when he began investing in some of the highest-paying jobs in South Africa. zed letter; zed us; Sort by: Most popular. As per "The Guardian"- Bredenkamp has an estimated worth of $793 million (700 million) which he has earned from tobacco trading, diamond mining, and sports . His 18.41-percent stake in the company is worth $60.4 million. Van Hoogstraten's net worth is unknown, but he is a major investor on the stock market and has a large farming estate in the Midlands province, where Mnangagwa comes from. Omokolade Ajayi is a financial reporter at Billionaires.Africa. Feyisayo holds a degree in geology from the acclaimed University of Ibadan. . The capital of this country is Harare which is also rated as the largest and most populous city in Zimbabwe. Top 10 Richest Men In Zimbabwe (2023) | 9JATODAY Biography Born in Zimbabwe, Zinona Koudounaris completed his tertiary education at Rhodes University in South Africa where he attained a Bachelor of Commerce Degree in Business and Computer Science. The current chairman and founder of Falcon Gold Limited are the ninth on our list of richest men in Zimbabwe. En'Joy" zed koudounaris net worth He has held several managerial roles in some of Zimbabwes and South Africas biggest companies. Together with partner Zed Koudounaris, he founded Innscor Africa limited. Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his . He is currently a board member of the five major mining companies in Zimbabwe, of which New Dawn Mining Corporation is a party. But the army also has its own farms in the southeast of the country where it grows crops including maize. Reutenbacks participation in the construction of the Green Fuel Chisumbanje plant is regarded as his biggest achievement an eco-project that has created more jobs in Zimbabwe than any other in the last 20 years. Zed Koudounaris. According to data tracked by Billionaires.Africa, the Zimbabwean businessmans stake in Axia Corp has lost ZWL1.51 billion ($4.7 million) in market value since the beginning of the year, owing to a recent decline in the companys shares on the Zimbabwe Stock Exchange. Notify me of follow-up comments by email. 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. 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 . Masiyiwa also owns 30.26 percent of Cassava Smartech, which is worth $145.1 million. The 10 Richest Presidents In Africa [Updated], 10 Countries With Most Beautiful Women In Africa. The market value of all the shares owned by the 20 richest investors on the bourse amounts to 48.03 percent of the market capitalization of the local exchange. As of today, its the fifth-largest in the world. Zed Koudounaris. Billy Rautenbach is the fourth richest man in Zimbabwe. The mining industry is a major contributor to the nations economy. This company used to be a chicken store before it was reformed into a manufacturing and sales company. Michael Fowler, whose name was referenced previously in this essay, is where we . Forbes estimated his net worth declined 31% and his ranking fell 138 spots on the Forbes list of the wealthiest Americans. The more the information the public was fed the less informed they became about Munatsi's weird departure. Zimbabwean Canadian Community Magazine- for Zimbabweans in Canada. Data computed by Billionaires.Africa revealed that the 20 richest investors on the exchange have a joint equity valuation of $1.21 billion, with Strive Masiyiwa being the richest investor on the exchange, controlling more than one-quarter of the bourses market capitalization. Chelsy Davy, his daughter, was Prince Harrys on-and-off lover between 2004 and 2011. He began working in a tobacco company just after he graduated from school. According to Zimbabwean law, this is prohibited unless authorised by the Zimbabwe Reserve Bank which, naturally, was not. He started his entrepreneurial journey in 1990 when he established a confectionery and food distribution business which, ultimately, became the West Group. Name Net worth (USD) 1: Jeff Bezos: $113 billion: 2: Bill Gates: . The Sunday Mail reports that fugitive Gweru businessman Peter Dube who is being hunted by police for allegedly shooting three people and injuring his Harare businessman Phillip Chiyangwa pledged a residential stand during Mambo Dhuterere's album launch 'Nadha Pachiputukezi'. 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. John Mushayavanhu is the group CEO and largest individual shareholder of FBC Holdings, an investment holding that houses a group of subsidiaries that provide financial services spanning commercial banking, insurance, mortgage financing, micro-financing and securities trading. BREAKING NEWS! The explorative industries in the country are the mining, tourism, and agriculture sectors. 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. There is no denying that Zimbabwe has a number of wealthy men. Interestingly, he is a businessman who began his entrepreneurial journey at the age of 14. The country has experienced stringent political situations and diverse monetary crises since its existence. He was born in 1959 and took over the family business, Wheels of Africa, turning it into the largest trucking company in Africa. Popularly known as Zed, Zinona Koudounaris is the co-founder of Innscor Africa Limited. Zed Koudounaris. Takudzwa Shoko - Finance & Admin Manager. After selling the firm in 1993, he expanded into other industries, including the grey market for weaponry, sports marketing, and real estate. Best Science Courses To Study In The University 2023, How to Introduce a Guest Speaker: 8 Tips to Properly Introduce Someone, 10 Important Skills That Will Be Relevant in The Future, How To Maintain Farm Structures and Buildings, Which Is Easier to Learn, English Or Spanish? Reports say many government officials and ruling party types throng Khumbulas office seeking financial favours from Koudounaris. Your email address will not be published. Top 10 Richest Men In Zimbabwe 2021 - Information - NaijaQuest.Com He enlisted in the merchant navy six years later, but just for one year. Born in South Africa in 1940, John Bredenkamp moved to then Rhodesia with his family when he was a child. Check Pages 1-44 of ZimCanadian Community Magazine - Februarry 15th ISSUE 01 in the flip PDF version. He is heavily invested in Tripple C Pigs. He is also widely known for having a tight relationship with Robert Mugabe. His eldest son Isaac took over the business upon his death. His net worth is $734,000,000. Before becoming the fifth largest tobacco retailer in the world, the firm was predominantly a leaf tobacco trader. 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. He has stakes in Puma Zimbabwe which acquired Sakunda Petroleum and Redan assets. This article will give you the breakdown of Richest Men in Zimbabwe Net Worth. The company was founded in 1996 after Zed met with Michael Fowler, the co-founder. 1996-2019 Sally Mugabem. Additionally, he owns many diamond mining operations in the DRC. He is also a significant investor. Holdings: Thomasmore Chataika holds a 6.6-percent stake in Zimplow Holdings. He resides in the United Kingdom and holds the position of Director for the Econet Wireless organization. This article was originally published in March 2015. Ken Sharpe. When Nicholas Van Hoogstraten years later, he invested in real estate and went on to own hundreds of properties across the country. One of the most famous and richest DJs in the world is Zedd, real name Anton Zaslavski. Charles Davys estimated net worth is around $570,000,000. Over the years, he has diversified his venture, investing in automobiles, wildlife safaris, farming, diamond mining, and trucking. Koudounaris has held a number of positions within the Group including Chief Executive Officer upon the Group's listing in 1998. . 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. He is also a founder and 20.77-percent owner of Padenga Holdings, a public company engaged in the production and sale of crocodilian skins and meat. Nicholas began his commercial career at the age of 11 by selling stamps from private collections to renowned collectors.