Vector signs of nap, rest, dream or relax sound, comic book text sound effects with ZZZ . Zed Koudounaris. He is an accomplished businessman who co-founded Innscor Africa Limited with Zed Koudounaris in 1996. The recent increase in Nicky Oppenheimer's net worth builds on his gains in 2022 when his net worth increased by $75 million. Sam Levy Family is the property developer that constructed the shopping mall Sam Levys Village. 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. Joseph Crnkovic Responsible Corporate and Social Citizen, Director Hawkwood Fund Management 2023 Billionaires.Africa. Koudounaris portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and 20.86 percent of Axia Corporation, a company that retails and distributes electrical appliances, automotive goods and fast moving consumer goods. 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. Besides, aside from these 10 figures, Zimbabwe has hundreds of businessmen that are millionaires in dollars. Kenneth Raydon Sharpe professionally known as Ken Sharpe is one of the richest men in Zimbabwe and the founder of West Group of Companies. Furthermore, each of them holds a significant stake in the following ZSE-listed businesses: Axia Holdings, Simbisa Brands, National Foods, Padenga, and Colcom. Required fields are marked *. His properties generate a minimum of $20 million every year. As per "The Guardian"- Bredenkamp has an estimated worth of $793 million (700 million) which he has earned from tobacco trading, diamond mining, and sports . Ken Sharpe. He has stakes in Puma Zimbabwe which acquired Sakunda Petroleum and Redan assets. Zed Koudounaris. He owns a 47-percent stake in Meikles through his private investment company, Gondor Capital. Born in Zimbabwe, Zinona (Zed) Koudounaris completed his tertiary education at Rhodes University in South Africa where he attained a Bachelor of Commerce degree, majoring in Business and Computer Sciences. Chelsy Davy, his daughter, was Prince Harrys on-and-off lover between 2004 and 2011. 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. Koudounaris' portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and 20 . The business started as a chicken store which later grew into a large FMCG production and distribution company. But just who are these successful businessmen? 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. Who is Mugabe's wife? In Zimbabwe, its a prevalent misconception that he became wealthy in the late 1990s because to his hunting company. Holdings: Econet Wireless Zimbabwe, Cassava Smartech . The top-5 investors on the bourse control a total 43.93 percent of the Zimbabwe Stock Exchange. zed letter; zed us; Sort by: Most popular. Charles Davy, who was born in 1952, is the seventh wealthiest person in Zimbabwe and is well-known for owning over 1300 square miles of property there through Lemco Safaris and HHK Safaris. Net worth on the ZSE: $664.3 million . He has since gone on to become a highly successful property tycoon in fact, by the age of 23, he was Britains youngest millionaire with a portfolio of more than 300 properties. Innoscor is one of Zimbabwes top corporations as a result of the two magnates immense to the growth of their business. Zinona (Zed) Koudounaris (Non-Executive Director) As was already mentioned, Simbisa Brands is an Innscor subsidiary that was established in 1987. . He is a successful businessman that owns most of the mines in the Democratic Republic Of Congo and one of the richest people in Zimbabwe. Net worth: $860 million. He founded his own company Caselle Group Of Companies in Belgium after many years of hard work and persistence. Net worth: $1.2 billion. Net worth on the ZSE: $664.3 million . Koudounaris, one of Zimbabwe's most successful businessmen, is the founder of Simbisa brands. Catalog. He eventually stabilized his company and has grown it into a multi-billion dollar company today. He is a rich tycoon that invests in lots of profitable businesses both within and outside the borders of Zimbabwe. Holdings: Insscor Africa, Simbisa Brands, Axia Corporation. His major Econet Group is headquartered in Mauritius. Your email address will not be published. This is one of the richest people in Zimbabwe that pursues a career in sports. Holdings: Ketan Naik holds 4.48 per cent of Daribord Holdings, a manufacturer and marketer of milks, foods and beverage products. ZimCanadian Community Magazine - Februarry 15th ISSUE 01 was published by Kaybeth Media on 2020-02-12. The company was set up 1993 and was granted a telephony license in 1998 at a time when 70% of the countrys inhabitants had never heard a telephone ring, and is now one of the largest business empires in the world. 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. Nevertheless, John Bredenkamp grew up to become an accomplished businessman. 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. Nicholas began his commercial career at the age of 11 by selling stamps from private collections to renowned collectors. Together with Fowler, he helped form Innscor Africa Limited in 1997. . He has expanded his business across 13 African counties including South Africa, Angola, and Mozambique. The two were never charged. Other mining companies such as Golden Quarry and Dalny Mine are affiliated with Falcon Gold. The reason for this awful incident is unclear to this day. Born in Shoreham-by-Sea, England in 1945, Nicholas van Hoogstraten is currently the third richest person in Zimbabwe. The richest men in Zimbabwe are not just wealthy to stock their pockets and flaunt their fame. Save my name, email, and website in this browser for the next time I comment. One of the most famous and richest DJs in the world is Zedd, real name Anton Zaslavski. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Zimbabwean mogul Zed Koudounaris loses $4.7 million as Axia Corp shares. However, the abandonment of the Zimbabwean dollar and the adoption of a government of national unity have since seen the country experience a period of positive economic growth. He has a lifetime achievement award and is recognized among the most successful and influential entrepreneurs in Zimbabwe. Koudounaris, one of Zimbabwes most successful businessmen, is the founder of Simbisa brands. He survived a 60% brain cavity after a skiing injury and woke up from a coma on his daughters birthday. Nicholas Rudnick, a lawyer, ranks as the sixth-richest person in Zimbabwe. 219 Followers, 842 Following, 926 Posts - See Instagram photos and videos from Chris Koudounaris (@koudounaris) He started a confectionery business in 1990 which later evolved into the West Group. 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. Zimbabwe is a South African country largely known for its national parks, terrestrial wildlife, vegetative landscape, and waterfalls. Koudounaris' portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and . In 1976, he founded a company that traded tobacco. Your email address will not be published. With a net worth of $793,000,000, John Bredenkamp is one of the richest men in Zimbabwe. His 18.41-percent stake in the company is worth $60.4 million. He was also the pioneer managing editor of Ventures Africa and built it into one of the continents most influential business news companies. Along with being the companys creator, he established Liquid Telecom Group, which is renowned for laying fiber optic cable to link nations including Tanzania, South Africa, Lesotho, and the Democratic Republic of the Congo. With a net worth of $590,000,000, Ian Saunders made a fortune even before he established his own business. . In Zimbabwe, Strive Masiyiwa is a renowned artist. Zimbabwean mogul Zed Koudounaris loses $4.7 million as Axia Corp shares Zimbabwean restaurant mogul Zed Koudounaris eyes Kenyan expansion for Simbisa brands, 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. Zed Koudounaris. According to data tracked by Billionaires.Africa, the Zimbabwean businessmans stake in Axia Corp has lost ZWL1.51 billion ($4.7 million) in market value since the beginning of the year, owing to a recent decline in the companys shares on the Zimbabwe Stock Exchange. He is also a significant investor. Mr Koudounaris is also believed to have other interests in farming, mining, real estate and tourism. The richest men in Zimbabwe and some of the richest billionaires in Africa continue to rake millions into the countrys economy in other to sustain its progression. Zed is a Zimbabwean entrepreneur who co-founded Innscor Africa Limited with Michael Fowler. According to social media reports Ochola, better Rimo Jackson, the man who lived and travelled everywhere with the late Genius 'Ginimbi' Kadungure, has given an interview to Techmag TV. He was rated as the youngest millionaire in Britain at 28. He recently acquired Trek Petroleum assets and leases them to the new brand owners. law firms and other gatekeepers of the financial system in facilitating the creation of offshore companies for high net worth individuals. He peddled different items and made thousands of dollars at that early age. Billy Rautenbach is one of the most unapologetic businessmen in Zimbabwe. Zed remains highly active in pursuing strategic growth . Holdings: Econet Wireless Zimbabwe, Cassava Smartech. Zed Koudounaris, commonly known as Zed, is the co-founder of a multi-billion dollar company Innscor. Additionally, both of them own a major share in other Zimbabwe Stock Exchange-listed companies in Axia . This article will give you the breakdown of Richest Men in Zimbabwe Net Worth. miles in the safari for the sole purpose of hunting. As a result of the recent decline in the companys shares, the market value of Zed Koudounaris stake in Axia Corp has dropped by 11.8 percent from ZWL12.75 billion ($39.59 million) on January 5 to ZWL11.23 billion ($34.88 million). Bonnie Deuschle . Billy Rautenbach is the fourth richest man in Zimbabwe. Michael Fowler is another Zimbabwean entrepreneur on our list that co-founded Innscor Africa Limited alongside Zed Koudounaris. 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. The business is also well-known for being a component of the Colcom, SeedCo Zimbabwe, SeedCo International, and Garfunkels organizations in Zimbabwe. . Winky D, with a net worth of $650,000, is the richest zimdancehall artist in Zimbabwe. Answered, Differences Between Rigid And Flexible Constitution, Differences Between Positive and Normative Economics, Features of the 1979 Constitution of Nigeria, Differences Between British and American English, Richest Presidents In Africa 2022: Top 10 Wealthiest. Zimbabwean Canadian Community Magazine- for Zimbabweans in Canada. The business has investments in East Asia Pacific Rim, Africa, Europe, South America, and North America. Who are the richest men in Zimbabwe? Zinona Koudounaris, popularly known as "Zed," co-founded Innscor Africa in 1997 with his partner Michael Fowler. He started striving at the early age of 11, selling stamps to local collectors from his collections. He has a degree in economics and is a certificate holder of the CFA Institutes Investment Foundation Program. It is one of Zimbabwes most successful conglomerates due to the companys strong performance. Card payments collected by DeltaQuest Media Limited, company no. Hence, its an authentic piece of information. The Sunday Mail reports that fugitive Gweru businessman Peter Dube who is being hunted by police for allegedly shooting three people and injuring his Harare businessman Phillip Chiyangwa pledged a residential stand during Mambo Dhuterere's album launch 'Nadha Pachiputukezi'. 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. Feyisayo Ajayi-January 29, 2023 0. Over time, they expanded their business into other foods and, later, the manufacture and sale of fast-moving and durable consumer goods in Zimbabwe and internationally. . He began his entrepreneurial journey at a young age. Browse 14,400+ zed stock photos and images available, or search for zed letter or zed us to find more great stock photos and pictures. He operates in the real estate and agriculture industry, having 1,300 square miles of land in the country. David Mazvidza - Finance Director. With a GDP now exceeding $28 billion, Zimbabwe is slowly recovering after years of turmoil and turning into the next big thing. Although Nicholas Van Hoogstraten was born in England, he spent a significant amount of time there and became a citizen there. 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 Fowler. address: The 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. His 18.41-percent stake in the company is worth $60.4 million. It must be noted that in 2016, Zed Koudounaris and his partner Michael Fowler were accused of having opened four companies in the British Virgin Islands and transferring money from their salaries to those firms in 2015. . Koudounaris is at the centre of the companys expansion drive and has been able to navigate the concerns of the Competition Commission due to his access to connections in the government. Net worth: $1.5 billion Zed, has served as Non-Executive Director of Innscor since 1996, which he co-founded with Michael Fowler. Sam Levy is well known for constructing Sam Levys Village Shopping Mall in Borrowdale. He has held several managerial roles in some of Zimbabwes and South Africas biggest companies. This Articles, however, focuses mainly on the list of Richest Musicians in Zimbabwe and their net worth. Recommended: Most Famous People In The World 2023. The Zimbabwean richest man was not in for games when he began investing in some of the highest-paying jobs in South Africa. 8. Van Hoogstraten's net worth is unknown, but he is a major investor on the stock market and has a large farming estate in the Midlands province, where Mnangagwa comes from. All Rights Reserved. His 18.41-percent stake in the company is worth $60.4 million. Additionally, they bring in foreign currency through their business endeavors, which significantly strengthens Zimbabwes economy. have a net worth of US$600m. Wairegi owns a beneficial 4.02-percent stake in the Kenyan investment holding. Zimbabwes richest man and founder of Econet Global ltd owns 43.7 percent of Econet Wireless Zimbabwe the countrys largest mobile telecom company. Billys businesses mostly focus on haulage, farming, wildlife safaris, cobalt mining, and automobile manufacture. Kindly hit the share button if you enjoyed this article, you can also contribute to it by making use of the comment section below. Zed Koudounaris. The International Consortium of Investigative Journalists has named over 280 Zimbabweans, including prominent businesspeople, who reportedly syphoned billions of dollars out of the country. Today, he has a net worth of $750,000,000. His 4.19-per cent stake in the company is currently worth $11.6 million. 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. The market value of all the shares owned by the 20 richest investors on the bourse amounts to 48.03 percent of the market capitalization of the local exchange. Holdings: Julian P. Schonken holds a 0.75-percent stake in Innscor Africa. His story is quite a fascinating one: at the age of 11, he began selling stamps to collectors which he claimed to be worth as much as $30,000 (about 24,650). Though the business was not an honest one, there was no roof of its illegality. 548227, reg. He has since gone on to hold a seat on five corporate boards, most notably at New Dawn Mining Corp. where he is also President and CEO (since 2006 and 2008, respectively). 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. #4 Zinona Koudounaris Net worth on the ZSE: $101.1 million . He is the Chairperson and founder of Econet Wireless; a company that deals in telecommunication. 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. Data computed by Billionaires.Africa revealed that the 20 richest investors on the exchange have a joint equity valuation of $1.21 billion, with Strive Masiyiwa being the richest investor on the exchange, controlling more than one-quarter of the bourses market capitalization. This company has grown and established itself not just in Africa but also on a worldwide scale. Zimbabwe has 16 official languages, but despite the tribal and language differences of the citizens in this country, they continue to co-exist in harmony to ensure the continual development of the nation. Zinona Koudounaris. Zed. Additionally, he owns many diamond mining operations in the DRC. Notify me of follow-up comments by email. Tagwirei founded Sakunda in 2005. Zimbabwean restaurant mogul Zed Koudounaris eyes Kenyan expansion for Simbisa brands. Save my name, email, and website in this browser for the next time I comment. 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. The Sam Levy Family's net worth is over $677,000,000. It was then that he immigrated to Zimbabwe, establishing several companies in over 1600 sq. Posted by Staff Writer | May 7, 2019 | All Articles, Entrepreneurs Profiles, ZSE | 0. Holdings: Albert Katsande holds a two percent in OK Zimbabwe. Zed has interests in mining, farming, tourism and real estate. 1996-2019 Sally Mugabem. Who is Zed Koudounaris? However, the verdict was later overturned. This list of Zimbabwes richest men is compiled from the Forbes list. Zinona Koudounaris, popularly known as Zed, co-founded Innscor Africa in 1997 with his partner Michael Fowler. 2020. He enlisted in the merchant navy six years later, but just for one year. . In 2002, he was charged with manslaughter of a business rival and sentenced to 10 years in prison. This company used to be a chicken store before it was reformed into a manufacturing and sales company. It is also well known that their firm, Innscor, has holdings in Irvines, Profeeds, ProBrands, NatPak, and Profeeds. 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]). . He founded a supermarket in 1960, The Maceys store limited. Alick Macheso - Net worth $3 million. Born in South Africa in 1940, John Bredenkamp moved to then Rhodesia with his family when he was a child. The main business of the financier is the sales of trucks, car manufacturing, agriculture, and the mining industry. 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. He owns just over 50% of the publicly traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Net worth: Estimated US$1 Billion; Industry: Restaurant Business; Another entrepreneur known for harnessing numerous wealth is Zed Kuodounaris. 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. The tenth richest man in Zimbabwe owns over 1300 sq. In his downtime, Chris enjoys traveling, gardening, collecting Cline Dion records, and taking (often unflattering) photos of his five rescue cats. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. No. The largest Platinum reserves are also resident in this country to give a clear picture of how lucrative the mining industry in Zimbabwe is. 15) Othman Benjelloun (Morocco) Net worth: $1.3 billion (2021) Age: 88. An example of data being processed may be a unique identifier stored in a cookie. 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. Takudzwa Shoko - Finance & Admin Manager. Michael Fowler. In addition to his riches, he also controls 50% of Cassava Smartech and blue-chip liquid Telecom Group. Feyisayo Ajayi is a financial reporter for Billionaires.Africa. Koudounaris, one of Zimbabwe's most successful businessmen, is the founder of Simbisa brands. Approximately 50% of the mobile phone firm is owned by Strive Masiyiwa. When he initially founded the company in 1998, the Zimbabwean government wasnt in support of the establishment. Vehicle Registration In the United States: How to Register a Car? The countrys involvement in the Second Congo War in 1998 as well as the Zimbabwe governments controversial land reform programme and the hyperinflation of the Zimbabwean dollar, and many other factors, all played a role in the economys downturn. Comments can be sent to: news@billionaires.africa. Sharpe was involved in skiing accident while on a family vacation in Canada in 2007 a CT scan revealed that 60% of his brain cavity was filled with blood and was given a 3% chance of survival. Douglas Mboweni is the group CEO of Econet Wireless Zimbabwe. Read More Meet The 10 Largest Carriers In The World 2023Continue, Read More The 10 Best Android Emulators For PCContinue, Read More Top 10 Richest Countries In Europe (2022)Continue, Read More The 12 Largest Deserts In The WorldContinue, Read More Easy Coach Ticket Prices, Booking, Bus Stations & ContactsContinue, Read More Tom Cruise Net Worth And Biography 2022 [Career, Age, Height]Continue, Your email address will not be published. Holdings: Insscor Africa, Simbisa Brands, Axia Corporation. Net worth on the ZSE: $101.1 million. Holdings: Econet Wireless Zimbabwe, Cassava Smartech . Zed Koudounaris. 2023 Billionaires.Africa. . Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since 1996, which he co-founded with Michael Fowler. He gained affluence through his hunting business which he began in the late 1990s.
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