Netflix has appointed Zimbabwean billionaire Strive Masiyiwa to its board of directors, making him the first African and the third international media executive to join the streaming giant’s board in recent years. His appointment comes weeks after former U.S. ambassador to the U.N. Susan Rice said she was quitting her role on the board to join president-elect Joe Biden’s administration.
“We are delighted to welcome Strive to the Netflix board,” Netflix co-founder, chairman and co-CEO Reed Hastings said in a statement. “His entrepreneurship and vision in building businesses across Africa and beyond will bring valuable insights and experience to our board as we work to improve and serve more members all around the world.”
The Zimbabwean business mogul joins the board with a wealth of experience from Africa and abroad. He serves on a number of international boards such as Unilever, National Geographic Society and Asia Society and the global advisory boards of Bank of America, the Council on Foreign Relations in the U.S., Stanford University and the Prince of Wales Trust for Africa.
“Netflix is at the forefront of bringing great entertainment from anywhere in the world to everyone in the world, and I look forward to working with the board and all stakeholders to continue its traditions of innovation and growth,” Masiyiwa said in a statement.
Masiyiwa is the founder and chair of the Econet Group, a Zimbabwe-listed mobile phone company. He also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. Forbes estimates Masiyiwa’s net worth at $1.1 billion.
Masiyiwa is also a prolific philanthropist. He founded the Higherlife Foundation together with his wife, Tsitsi. The foundation pays the school fees of some 40,000 orphaned or low-income students in Zimbabwe, South Africa, Burundi and Lesotho.
The telecoms magnate is also at the helm of the Ambassador Andrew Young Scholarship, which enables African students to attend the Morehouse College in Atlanta, Georgia, US.
Masiyiwa was named one of Time Magazine Most Influential Person in 2002. In 2014, he was selected to Fortune Magazine’s list of the “World’s 50 Greatest Leaders”. He is a friend to many world leaders, often spearheading conferences. Masiyiwa one of Africa’s most influential figures and a champion for technology and young people.
She is celebrated globally for her groundbreaking work across the music and movie industry. But,…
The family of an aspiring medical doctor is seeking justice after he was left brain-dead…
Once more, popular 97-year-old activist Opal Lee has received honor; this time, the President of…
A Florida woman described as a career shoplifter was handed a 30-year prison sentence after…
The city of Cleveland, Ohio, has reached a $4.8 million settlement with the family of…
Anthony Madu, the 14-year-old Nigerian dancer from Lagos who gained admission to a prestigious ballet…
Actor-host Wayne Brady recently opened up about his early financial struggles in his now thriving…
Mia Arianna, also known as @mia.ariannaa on TikTok, helped her son become an honorary team…
Alvin Gauthier, a Grand Prairie USPS postman, recently went above and beyond to brighten a…
Maj. Gen. Fatuma Gaiti Ahmed is the first female commander of the air force and…
Benjamin E. Mays High School brought together its 272 senior class members for a meeting…
Afrika Owes' emotional response to learning that she had passed the bar exam on her…
A 49-year-old New York attorney was on April 26 sentenced to 10 years in federal…
During an appearance on The Jennifer Hudson Show on Wednesday, pop legend Cher opened up…
Authorities in Florida said an 11-year-old boy was accidentally shot and killed by his 14-year-old…