Zimbabwean businessman and telecom magnate, Strive Masiyiwa has a net worth of $280 million as November 2011, in accordance with FORBES. Strive is now the most affluent man in Zimbabwe. Strive Masiyiwa founded mobile phone business Econet in 1993, though because of objections from the ZImbabwe government the cell phone network didn’t go live until 1998. It soon became the largest mobile telecom operator in the country. Today he serves as its chairman. Freely traded Econet commands Mascom, which has 70% market share in neighboring Botswana.
Strive Masiyiwa Net Worth $280 Million
Strive Masiyiwa’s telecommunications group also operates in Kenya and Burundi, and is the only African-based business having a telecom license in the UK (Econet Satellite Services). It’s won a 3G license in New Zealand and will roll out a network there once the marketplace is fully liberalized. He was also publisher of the Daily News, Zimbabwe’s only independent daily newspaper, that was closed down in 2003. He returned to worked for newly independent Zimbabwe’s state telecom firm before starting Econet. Masiyiwa created a foundation providing you with scholarships to orphans, including those whose parents have died of AIDS.