#4 Zinona Koudounaris Net worth on the ZSE: $101.1 million . 2020. Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his partner Michael Fowler. Mnangagwa's oligarchs: The heirs of Cecil Rhodes - Daily Maverick Zed has partnered with some of the largest companies out of Zimbabwe, including ZSE-listed companies such as Pandenga. Kenneth Raydon Sharpe professionally known as Ken Sharpe is one of the richest men in Zimbabwe and the founder of West Group of Companies. Billy Rautenbach is the fourth richest man in Zimbabwe. Zinona Koudounaris, popularly known as Zed, co-founded Innscor Africa in 1997 with his partner Michael Fowler. This is one of the richest people in Zimbabwe that pursues a career in sports. Koudounaris Net Worth: $734 million (603 million) Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since 1996, which he co-founded with Michael . He has served as Non-Executive Director of Innscor Africa Limited since April 1996. His 18.41-percent stake in the company is worth $60.4 million. 2023 Billionaires.Africa. Michael Fowler is definitely one of the richest men in Zimbabwe. Zed Koudounaris. Zed is a founder shareholder of the Group and was the driving force behind the initial creation and success of the Group's core fast food brands. Strive Masiyiwa is a London-based entrepreneur born on 29th January 1961. 0333 344 7476. flare network coinbase. Zinona (Zed) Koudounaris (Non-Executive Director) As was already mentioned, Simbisa Brands is an Innscor subsidiary that was established in 1987. The explorative industries in the country are the mining, tourism, and agriculture sectors. Zimbabwes richest man and founder of Econet Global ltd owns 43.7 percent of Econet Wireless Zimbabwe the countrys largest mobile telecom company. This article will give you the breakdown of Richest Men in Zimbabwe Net Worth. 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. Omokolade is a seasoned financial analyst and reporter with in-depth knowledge of and expertise in equity markets, and financial and economic analysis. Net worth on the ZSE: $101.1 million. Net worth: $1.2 billion. Zed has interests in mining . He was formerly a rugby player in Zimbabwe before he ventured into business. Best known for constructing the Sam Levys Village shopping mall in Borrowdale, a suburb of Harare, Sam Levy was a self-made millionaire businessman and property developer. 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. Net worth: $734 million. Top 10 Richest Men in Zimbabwe & Net Worth - Best Online Portal Zed has held a number of positions within Innscor, including Chief Executive Officer upon the Group's listing in 1998. 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. It is not clear what happened to those accusations. He is a very wealthy guy now. 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. city of pomona water resources department; ucsd hdh connect; david millbern partner; zed monopoly net worth zed monopoly net worth zed monopoly net worth Who is the richest in Zimbabwe 2021? - 2023 Holdings: Innscor Africa, Padenga Holdings. The largest Platinum reserves are also resident in this country to give a clear picture of how lucrative the mining industry in Zimbabwe is. Holdings: Albert Katsande holds a two percent in OK Zimbabwe. What is blue roof worth? - TheNewsIndependent He is a self-made millionaire and accomplished businessman in Zimbabwe. Other mining companies such as Golden Quarry and Dalny Mine are affiliated with Falcon Gold. Masiyiwa moved to South Africa in 2000 and now lives in London, England with his family. Vector signs of nap, rest, dream or relax sound, comic book text sound effects with ZZZ . . As of today, its the fifth-largest in the world. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. 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. Ken Sharpe. Below is the list of Top Five Billionaires in Zimbabwe. Board of Directors | Simbisa Brands 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. Directorate & Management - Innscor Africa Limited Dr. Chipo Ndudzo - Managing Director. Omega Mugumbate - Head Legal & Compliance. Zimbabwe is one of the emerging nations with the fastest rates of growth. He started his entrepreneurial journey in 1990 when he established a confectionery and food distribution business which, ultimately, became the West Group. zed monopoly net worth zed monopoly net worth - lgs.sf.ddns.bulsat.com In its 2018 and 2019 billionaires . All rights reserved, Richest Men In Zimbabwe 2023: Top 10 Wealthiest. Strive Masiyiwa is a London-based entrepreneur born on 29th January 1961. In Zimbabwe, its a prevalent misconception that he became wealthy in the late 1990s because to his hunting company. ZZZ, ZZZZ doodle bed sleep snore icons ZZZ, ZZZZ doodle bed sleep snore icons. However, he pulled through and woke up on his daughters 11th birthday. Innscors National Foods supplies maize and rice to army barracks. Recommended: Best Science Courses To Study In The University 2023. He joined the Merchant Navy at 17 but lasted there only a year before he entered into the property business. Net worth $3.5 Billion Real estate, agriculture, mining, and tourism are some of Zed Kuodounaris other interests. Although Nicholas Van Hoogstraten was born in England, he spent a significant amount of time there and became a citizen there. This company has grown and established itself not just in Africa but also on a worldwide scale. Born Wallace Chirumiko on February 1, 1983, in Kambuzuma, Harare, Winky began his music career in 2005. . Sam Levy Family is the property developer that constructed the shopping mall Sam Levys Village. In May 2016, an investigation into the Panama Papers revealed that both Fowler and Koudounaris had violated Zimbabwean law by transferring money from their salaries to offshore accounts in the British Virgin Islands. Top 10 Richest People in Zimbabwe 2018 - Page 4 - popula trends The recent increase in Nicky Oppenheimer's net worth builds on his gains in 2022 when his net worth increased by $75 million. The top-5 investors on the bourse control a total 43.93 percent of the Zimbabwe Stock Exchange. 10 richest people in Zimbabwe - AvtoTachki The country currently has a GDP of $28 million which is a testimonial of the improving economy of the country. Zed Koudounaris Archives - Billionaires.Africa Koudounaris, one of Zimbabwes most successful businessmen, is the founder of Simbisa brands. ZimCanadian Community Magazine - Februarry 15th ISSUE 01 Holdings: Insscor Africa, Simbisa Brands, Axia Corporation. His wealth is mostly generated from his property development venture and real estate. 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. Born in South Africa in 1940, John Bredenkamp moved to then Rhodesia with his family when he was a child. Feyisayo Ajayi is a financial reporter for Billionaires.Africa. He enlisted in the merchant navy six years later, but just for one year. These guys have created empires that are advantageous to both the nation as a whole and themselves thanks to their exceptional managerial abilities and original vision. Holdings: Antony Mandiwanza owns 2.7 percent of Daribord Holdings. In fact, he is also referred to as the African Napoleon. Zimbabwe may not be the giant of Africa, but the country sure has some of Africas richest men. 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 also has interests in a wide range of other industries, such as banking, farming, and hotels. Zinona Koudounaris. Zed Koudounaris. Sulumani Chimbetu - Net worth $2 . 2023 Billionaires.Africa. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Top 10 Most Expensive Cars in the World ([year]), Top 10 Highest Paying Jobs In South Africa ([year]), Top 10 Ways to Save Your Mobile Data: Surefire Tips [year], Top 10 Most Stable Currencies in the World ([year]), How To Download Videos From Pinterest: PC/Mobile Method, How to Download Video from Facebook ([year] Tutorial), Light Downloads: How to Download Movies from LightDL.xyz, Get Free 6,000 Active Nigerian Email Addresses Database List, Top 10 Best Currencies to Invest In ([year]), Top 10 Sites to Download Korean Movies for Free [year], John Grisham Net Worth and Biography ([year]). Masiyiwa is the founder and executive chairman of Econet Wireless, a diversified telecommunications group. Over the years, he has diversified his venture, investing in automobiles, wildlife safaris, farming, diamond mining, and trucking. The only listed entity is listed on the Zimbabwe Stock Exchange (ZSE). John Bredenkamp, who was born in South Africa in 1940, later migrated to Rhodesia as a young child. Call Us Today! He was born in 1959 and took over the family business, Wheels of Africa, turning it into the largest trucking company in Africa. No. Following gains of more than $28 million in 2022, Zimbabwean businessman Zinona Zed Koudounaris has seen the market value of his stake in Harare-based Axia Corporation (Axia Corp) fall by millions of dollars since the beginning of the year. . Required fields are marked *. He is a rich tycoon that invests in lots of profitable businesses both within and outside the borders of Zimbabwe. Together with Fowler, he helped form Innscor Africa Limited in 1997. Aside from trying to do business, he was also eager to learn from those who have succeeded immensely as business owners. Summary. International brands such as Dominos Pizza, Subway, Kentucky Fried Chicken and ice cream seller Cold Stone Creamery have recently opened more stores in Kenya, as more global players in the quick service restaurant industry look to emerging markets such as Africa for growth. Zinona Koudounaris - Pindula Check Pages 1-44 of ZimCanadian Community Magazine - Februarry 15th ISSUE 01 in the flip PDF version. He eventually stabilized his company and has grown it into a multi-billion dollar company today. It would be difficult to give a specific number of millionaires in Zimbabwe. He is also a long time ally of Emmerson Mnangagwa, he is very close to senior politicians in Zimbabwe since the 1998 DRC war. 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. Zinona Koudounaris, commonly known as Zed Koudounaris, is a Zimbabwean entrepreneur known mostly for having co-founded Innscor Africa Limited. 2023 DeltaQuest Media Limited. Want to meet the Richest Men In Zimbabwe? 20 Richest Investors On The Zimbabwe Stock Exchange Davys daughter is none other than Chelsy Davy, the relatively famous former on-off girlfriend of Prince Harry between 2004 and 2011. Through the channel, he advocates political issues and entertainment, individual liberty, term limitations for the congress, hypocrisy in media, corrupted . Net worth: Estimated US$900 million. Do you have anything youd like to add? 219 Followers, 842 Following, 926 Posts - See Instagram photos and videos from Chris Koudounaris (@koudounaris) In May 2016, an investigation into the Panama Papers revealed that Koudounaris and fellow co-founder Michael Fowler, operating through lawyers and accountants, had opened four companies in the British Virgin Islands and transferred money from their salaries to the firms in 2015. Zed Koudounaris. Mushayavanhu owns 6.6 percent of the company. The highest-paid DJs are banking millions of dollars every year. Born in 1968, Ian Saunders has held many technical and managerial roles in South Africa and Zimbabwe and has more than 20 years experience in the mining industry. Strive Masiyiwa is the only official billionaire in Zimbabwe, hes a billionaire in dollars. Zimbabwean Restaurant mogul Zed Koudounaris eyes Kenyan expansion for Strive Masiyiwa had to spend a few years fighting through the governments opposition. Zed Koudounaris. Top 10 Richest People in Zimbabwe - CareerAddict He rose to prominence after overcoming government objections to build Econet Wireless Zimbabwe, an independent mobile phone network, in 1998. His total net worth is estimated at $734 million (603 million . zed letter; zed us; Sort by: Most popular. Zimbabwean Canadian Community Magazine- for Zimbabweans in Canada. Your email address will not be published. Nicholas Van Hoogstraten is the third richest man in Zimbabwe. miles of land. This article was originally published in March 2015. He survived a 60% brain cavity after a skiing injury and woke up from a coma on his daughters birthday. Wairegi owns a beneficial 4.02-percent stake in the Kenyan investment holding. Africa used to and still is referred to as the poorest economy in the world. Zinona Koudounaris . Kenya Instagram model Brenda Akinyi Ochola dies after drugs explode in Madzibaba Owen Chingondi spoils 15-year-old son with a brand new Toyota American students working to help improve infrastructure in Zimbabwe. Additionally, he owns many diamond mining operations in the DRC. Ken Sharpe and Dr James Makamba each Basil Dionisio is the group CEO and executive director of Simbisa Brands Limited, the largest fast-food restaurant operator in Zimbabwe. He owns just over 50% of the publicly traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Forbes estimated his net worth declined 31% and his ranking fell 138 spots on the Forbes list of the wealthiest Americans. Kindly hit the share button if you enjoyed this article, you can also contribute to it by making use of the comment section below. Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his partner Michael Fowler. The recent increase in Nicky Oppenheimer's net worth builds on his gains in 2022 when his net worth increased by $75 million. Linked companies : Simbisa Brands Limited - Axia Corporation Limited - Innscor Africa Limited. The world's premier source of news on Africa's billionaires and UHNWIs. Zed is a mega-rich mogul, Zimbabwean businessman, and entrepreneur who co-founded Innscor African Limited alongside Michael Fowler. He is a member of the National Rsum Writers' Association and regularly contributes to our blog by sharing his advice and insights on rsum, job search and recruitment topics. Notify me of follow-up comments by email. However, it is still not a very wealthy country, especially when compared to nations like South Africa and Ghana. At the moment, Zed sits on a number of boards which include Innscor Africa Limited, Simbisa Brands and Axia Corporation Limited. Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his . In a particular order, here are the 10 richest men in Zimbabwe: Strive Masiyiwa is a resilient businessman in Zimbabwe who has spent decades building one of the biggest establishments in the country. He is on the board of Innscor Africa Ltd. (former CEO & Non-Independent Non-Executive Director), Simbisa Brands Ltd. and . Fowler is currently the brains between a new Gold mine, he co-founded Innscor Africa as a chicken shop in 1987. 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. 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. He also owns 52% of Econet Wireless Zimbabwe, which is a subsidiary of his bigger Econet Group and is featured on the Zimbabwe Stock Exchange. Othman Benjelloun is the CEO of BMCE (Moroccan Bank for External Trade) that has operations in over 20 African countries and . The richest men in Zimbabwe are not just wealthy to stock their pockets and flaunt their fame. 2023 AllroundGist | Designed and Managed by AllroundGist. The majority of the nations millionaires and billionaires are also renowned for making substantial investments in the telecommunications industries. After the Panama leaks, it was exposed that he wired funds to his different companies based in Britain which were illegal in the country. law firms and other gatekeepers of the financial system in facilitating the creation of offshore companies for high net worth individuals. He gained notoriety for lending Mugabe more than $10 million. Zimbabwe among other countries has managed to produce a number of individuals ranked as the richest in Zimbabwe and beyond despite the dilapidated economy. The country has experienced stringent political situations and diverse monetary crises since its existence. Rob Davenport is another significant foreign investor in the nation. 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. 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. Nicholas was born in England in 1945. The International Consortium of Investigative Journalists has named over 280 Zimbabweans, including prominent businesspeople, who reportedly syphoned billions of dollars out of the country. It is widely believed that Tagwirei has strong ties to prominent politicians including Vice President Constantine Chiwenga, Joram Gumbo and John Mangudya. Zimbabwean restaurant mogul Zed Koudounaris eyes Kenyan expansion for Simbisa brands. The world's premier source of news on Africa's billionaires and UHNWIs. The reason for this awful incident is unclear to this day. Jah Prayzah - Net Worth $2 Million. In Zimbabwe, Billy Conrad is a well-known businessman. Foounder and director of Trek Petroleum, Sakunda Holdings, Puma Zimbabwe, he recently bought shares on the Great Dyke investments platinum projects through the landela mining venture following the departure of the Zimbabwe national army. Nyaradzo Group Diversifies Into Agriculture, How to start a commercial gym in Zimbabwe, 6 Top Websites To Test Your Coding Skills For Free, How to develop a life-long learning mindset. . Save my name, email, and website in this browser for the next time I comment. Koudounariss go-between with government and political functionaries is Musekiwa Khumbula, a former journalist and information ministry officer who works as a consulting executive for Innscor. Nicholas began his commercial career at the age of 11 by selling stamps from private collections to renowned collectors. Also see: Most Beautiful States In USA 2023. Search and overview . Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his . He owns a 0.49-percent stake in the company, which is worth $5.8 million. Zed Koudounaris is credited with being the driving force behind the initial operations and success of Innscors fast food brands. Most of the richest men in Zimbabwe are business persons, owners of conglomerates, and oil magnates; which are the major contributors to the Gross economy of the country through the deposits, and turnover estimated from those industries and numerous ventures. He has a degree in economics and is a certificate holder of the CFA Institutes Investment Foundation Program. He is a recognized businessman who, via his multiple business endeavors, employs thousands of people in Zimbabwe. 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? This article will give you the breakdown of Richest Men in Zimbabwe Net Worth. With the affluence he has gained over the years he is a philanthropist and humanitarian in Zimbabwe, providing over 100,000 students with scholarships. He gained affluence through his hunting business which he began in the late 1990s. Who is the richest man in Zimbabwe 2020? - 2023 Koudounaris has held a number of positions within the Group including Chief Executive Officer upon the Groups listing in 1998. Read Also: 10 Countries With Most Beautiful Women In Africa. Prominent names featuring on the list include Innscor Africa directors Zinona (Zed) Koudounaris and Michael Fowler, John Legat, Kingstone Munyawarara and former Cottco chief executive Happymore Mapara. He is worth more than $900 million. He is one of the co-founders of Innscor Africa Limited, which began as a chicken store but has now developed into a significant manufacturing business that also works with many types of FMCG companies. Zed is a founder shareholder of the Group and was the driving force behind the initial creation and success of the Groups core fast food brands. He later emigrated to Zimbabwe and by 2013 owned over 1,600 square miles of land. He has served in that capacity as the businesss CEO since 2004. Michael Fowler. Billy Rautenbach is one of the most unapologetic businessmen in Zimbabwe. Who is Zed Koudounaris? 14,400+ Zed Stock Photos, Pictures & Royalty-Free Images - iStock Staff Mails; CIDP; Tenders; Vacancies; FAQ's; Search for: The business is on track to achieve the pipeline target of 55 new store openings in the financial year 2022, the filing continued. Koudounaris' portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and 20 . In his downtime, Chris enjoys traveling, gardening, collecting Cline Dion records, and taking (often unflattering) photos of his five rescue cats. Zed, has served as Non-Executive Director of Innscor since 1996, which he co-founded with Michael Fowler. Age : 59. Real deal: Shocking Munatsi death not diligently investigated yet ZimCan263 Magazine by Kaybeth Media - Issuu The business has investments in East Asia Pacific Rim, Africa, Europe, South America, and North America. Top 5 Billionaires In Zimbabwe - Gambakwe Media Despite the recent drop in Axias shares, Koudounaris remains one of the richest investors on the Zimbabwe Stock Exchange, and the company remains the ninth most valuable stock on the local bourse, with a market capitalization of R54.1 billion ($170 million). In the 1990s, John Bredenkamps company became the largest tobacco merchant in Zimbabwe. Your email address will not be published. Then, at such a young age, he started his real estate company. When he initially founded the company in 1998, the Zimbabwean government wasnt in support of the establishment. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Email:shop@startupbiz.co.zw View Directions, Designed by Elegant Themes | Powered by WordPress, Starting a furniture business in Zimbabwe, Interbank and Parallel market rates to converge: Mangudya. The business is renowned for offering satellite and fiber optic services to several telecommunications companies throughout Africa. When Nicholas Van Hoogstraten years later, he invested in real estate and went on to own hundreds of properties across the country. As the creator of the Miekles Group of Companies and a distant relative of Thomas Miekles, John Moxon is well recognized. The Top 10 Wealthiest Men in Zimbabwe are listed below. Additionally, they bring in foreign currency through their business endeavors, which significantly strengthens Zimbabwes economy. Holdings: Econet Wireless Zimbabwe, Cassava Smartech . Now lets spotlight these visionary men that Zimbabwe is fortunate to have. He was rated as the youngest millionaire in Britain at 28. He has interests in the trading of tobacco, diamond mining, and sports marketing. Vehicle Registration In the United States: How to Register a Car? . CEO and Director at Sakunda Holdings Group and a businessman with vast interests in the energy sector, transport and mining. He covers topics ranging from company valuations to educational technology. One of the most famous and richest DJs in the world is Zedd, real name Anton Zaslavski. Required fields are marked *. The Zimbabwean richest man was not in for games when he began investing in some of the highest-paying jobs in South Africa. 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. He operates in the real estate and agriculture industry, having 1,300 square miles of land in the country. Should be on the list too, Your email address will not be published. Top 10 Richest Men in Zimbabwe & Net Worth - Best Online Portal He received the moniker as a result of his rapidly expanding commercial empire, which now spans over twelve (12) nations in Africa, including Zimbabwe, South Africa, the Democratic Republic of the Congo, Angola, and Mozambique.