Meet the black billionaires who made impact in 2018

Mildred Europa Taylor December 30, 2018
Meet the black billionaires who made impact in 2018
Pic credit: Fortune

Strive Masiyiwa

Zimbabwe’s first billionaire is the founder and chair of the Econet Group, a Zimbabwe-listed mobile phone company. On Masiyiwa’s wealth and assets, Forbes notes:

  • He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group.
  • Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa.

His other assets include stakes in mobile phone networks in Burundi and Lesotho and investments in fintech and power distribution firms in Africa. The 57-year-old philanthropist has a fortune estimated at $1.39 billion making him the 9th richest black person.

Last Edited by:Nduta Waweru Updated: December 31, 2018

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