Strive Masiyiwa Net Worth: A Profile of Africa’s Telecommunications Titan

Strive Masiyiwa Net Worth: A Profile of Africa’s Telecommunications Titan -Born in Zimbabwe on January 29, 1961, Strive Masiyiwa is regarded as one of the most influential and prosperous businessmen in Africa. We shall examine Strive Masiyiwa’s early years, career trajectory, personal lives, and accomplishments in this essay.

Strive Masiyiwa Net Worth

Nickname:Strive Masiyiwa
Real Name:Strive Masiyiwa
Net Worth:$1.9 billion
Weight:80 kg
Sexual Orientation:Straight
Marital Status:Married
Spouse:Tsitsi Masiyiwa
Children:Tanya, Vimbai, Moses, Joanna, Esther, Sarah Masiyiwa
Date of Birth:January 29, 1961
Height:1.73 m
Source of Wealth:Business
Education:University of Wales

Early years

His mother, a devout Christian, instilled in him a strong sense of religion, perseverance, and social duty. His father worked as a miner.

Masiyiwa exhibited exceptional academic talent despite obstacles to receiving an education brought on by racial segregation policies in Zimbabwe at the time. Before pursuing his further education in Scotland, he completed his primary education in Zambia. During his formative years in Scotland, Masiyiwa had a keen interest in innovation and technology, which laid the foundation for his subsequent career in the telecommunications industry.

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At over $4.4 billion in net worth, Strive Masiyiwa is currently the richest African American man in Southern Africa. This achievement knocked Patrice Motsepe out of the top position.

When Masiyiwa returned to Zimbabwe after completing his studies in the early 1980s, that is when his business experience started. In 1993, Masiyiwa founded Econet Wireless Zimbabwe, the continent’s first mobile telecom company, with the intention of transforming the industry. His wealth is further increased by Cassava Smartech, his smart-tech company.

He retained more than 50% of the shares when he listed Econet Wireless Zimbabwe on the Zimbabwe Stock Exchange in 1998. Under his creative direction, the company expanded into other African countries, offering cutting-edge mobile services and bridging the digital divide in underserved areas.

Personal Life

Masiyiwa paid an astounding $24.5 million for two penthouse units in New York’s renowned Eldorado Tower.
Celebrities including Alec Baldwin, Moby, and Michael J. Fox have stayed in his New York apartments.
In addition, he has a stunning £24 million home with nine ensuite baths and 24 rooms.

The library collection of books at Masiyiwa’s London home is valued at more than $40,000. The Bible is his favourite book and a great place to get ideas for corporate management.
Like many wealthy in Africa, Strive owns a private jet. At $35 million, his Bombardier Challenger 850 has space for up to 19 passengers. The jet contains two bathrooms, a living room, and a kitchen.

The British Philanthropy Award has been granted to Masiyiwa and his spouse. Through institutions like the Higherlife Foundation, he has significantly improved youth development, healthcare, and education throughout Africa, changing many lives in the process.

Awards and Recognition

He was listed as one of the 25 African Renaissance Leaders by The Times of London in 2011.
He was included in the list of the 50 most significant business executives worldwide by Fortune magazine in 2014.
According to New African Magazine, he is among the Top 100 Most Influential Africans.

Wrap Up

Strive Masiyiwa’s ascent from modest beginnings to international renown demonstrates her perseverance, creativity, and unwavering commitment to have a positive impact. Across continents, his influence has motivated generations of people.

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