TOP 5 RICHEST PEOPLE IN TANZANIA(MATAJIRI 5 TANZANIA) 1. Mohammed DewjI
Dewji is probably one of the best of Tanzania's success story. He is a popular personality in the country and is credited for implementing a radical change that transformed the family wholesale and retail business into a global conglomerate. Dewji, popularly known as Mo, grew his business empire after the acquisition of various production plants previously owned by the Ugandan government. Currently, Mo is the CEO of Mohammed Enterprises Tanzania Limited (MeTL), the largest homegrown firm in the country. He has 75% shareholding. Forbes places his net worth at TSH. 3.4 trillion
2.ROSTAM AZIZ
Rotzam has been a familiar personality on the top 10 richest people in Tanzania. Born in 1960, and now 60 years old, he was the first person to earn the billionaire status in the country. Azizi has invested in telecommunications, real estate, mining, and many other sectors.
In 2014, he made a significant business move by selling his 17.25% holding in Vodacom Tanzania - the largest mobile operator in the country. Aziz owns Caspian Mining, which is one of the largest mining companies in Tanzania. Mr. Azizi current net worth is TSH. 2.3 trillion.
3.SAID SALIM BAKHRESA
Said Salim was born in 1949 and is the founder of Bakhresa Group. This group has other substantial firms under its umbrella. One of them is Azam TV – a pay per view platform in East Africa. What many do not know about Said is that he is a school dropout. Certainly, it did not deter him from achieving his dreams.
The Bakhresa Group is active in food processing, sea freight business, and petroleum, investing in all these regions in only thirty years. His company has gone beyond Tanzania's boundaries to Uganda, Malawi, and Mozambique. Bakhresa has an estimated net worth of TSH. 1.3 trillion.
4.REGINALD MENGI
Reginald is a media tycoon, owning one of the largest media firms in Africa. His company, IPP Media Group, has several investments. They hold a radio station, television channels, newspaper outlets, and internet properties.
Reginald does not only hold investments in media, but his IPP firm also participates in gold, uranium, copper, chrome and coal mining. Mr. Mengi is a philanthropist, giving numerous Tanzanian children suffering from heart conditions access to better health facilities in India. Reginald Mengi's estimated net worth is TSH. 1.2 trillion.
5.ALLY AWADH
It is said that Ally Awadh is intellectually endowed in the business sector. Barely forty years has old; this phenomenal entrepreneur has already built a billion-dollar oil firm in Tanzania. Ally came up with this business after being intensively involved in oil trading and services.
Since he entered the oil business an underdog, Awadh has faced many obstacles while building his business empires. Today, his enterprises have accumulated immense wealth. Indeed, Ally takes home a big chunk of his TSH. 2.3 trillion business
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