Net worth on the ZSE: $664.3 million. With a GDP now exceeding $28 billion, Zimbabwe is slowly recovering after years of turmoil and turning into the next big thing. New Post: Zinona (Zed) Koudounaris - StartupBiz Zimbabwe - Facebook Michael Fowler is another Zimbabwean entrepreneur on our list that co-founded Innscor Africa Limited alongside Zed Koudounaris. While under the government of Mugabe in 2014, he made a shady deal that landed him $75 million in just three weeks. 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 Koudounaris is credited with being the driving force behind the initial operations and success of Innscors fast food brands. The entrepreneur and multimillionaire mogul founded the New Dawn Mining Corporation in 2008. Casalee was sold in 1993, and he has since expanded his business interests into many other different areas, including grey-market arms dealing, sports marketing and diamond mining. Also Read: Catherine Paiz - Age, The Ace Family, Net Worth In 2018, Zed initiated a YouTube channel, Zeducation which has over 911k subscribers on his YouTube channel as of April 2022. Check Pages 1-44 of ZimCanadian Community Magazine - Februarry 15th ISSUE 01 in the flip PDF version. They offer services that increase value, create employment, and boost Zimbabwes economy. After the Panama leaks, it was exposed that he wired funds to his different companies based in Britain which were illegal in the country. 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). He is a recognized businessman who, via his multiple business endeavors, employs thousands of people in Zimbabwe. Vector signs of nap, rest, dream or relax sound, comic book text sound effects with ZZZ . He was the driving force behind the initial creation and success of the Innscor's core fast food . Zed Koudounaris. Net worth: Estimated US$1 Billion. 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. Zinona Koudounaris is the founder of Innscor Africa Ltd. Takudzwa Shoko - Finance & Admin Manager. 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. In fact, it is well known that his significant investments are what propelled him to the seventh spot on the list of Zimbabwes wealthiest individuals. This article will give you the breakdown of Richest Men in Zimbabwe Net Worth. Approximately 50% of the mobile phone firm is owned by Strive Masiyiwa. 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. The recent increase in Nicky Oppenheimer's net worth builds on his gains in 2022 when his net worth increased by $75 million. It was then that he immigrated to Zimbabwe, establishing several companies in over 1600 sq. Zed Koudinaris - Acia Aero Leasing He founded the Casalee Group of companies in 1976, which was primarily a leaf tobacco merchant company, eventually becoming the fifth largest tobacco merchant in the world and effectively making Bredenkamp one of the richest people in Zimbabwe. He has stakes in Puma Zimbabwe which acquired Sakunda Petroleum and Redan assets. After establishing his company in 1990, he actively engaged in the confectionery and food distribution business in the country. Michael Fowler. 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. Holdings: Innscor Africa, Padenga Holdings. Feyisayo Ajayi is a financial reporter for Billionaires.Africa. 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. His major Econet Group is headquartered in Mauritius. John Bredenkamp, who was born in South Africa in 1940, later migrated to Rhodesia as a young child. Net worth: $540 million (about 444 million). zed letter; zed us; Sort by: Most popular. Directorate & Management - Innscor Africa Limited He owns just over 50% of the publicly traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. The current chairman and founder of Falcon Gold Limited are the ninth on our list of richest men in Zimbabwe. Though the business was not an honest one, there was no roof of its illegality. Its reputation as a tourist destination is once again improving and many successful businessmen continue to invest in different sectors in the country, including telecommunications, mining and manufacturing. Linked companies : Simbisa Brands Limited - Axia Corporation Limited - Innscor Africa Limited. Net worth: $590 million (about 485 million). Posted by Staff Writer | May 7, 2019 | All Articles, Entrepreneurs Profiles, ZSE | 0. Manage Settings Feyisayo holds a degree in geology from the acclaimed University of Ibadan. city of pomona water resources department; ucsd hdh connect; david millbern partner; zed monopoly net worth zed monopoly net worth zed monopoly net worth Davys daughter is none other than Chelsy Davy, the relatively famous former on-off girlfriend of Prince Harry between 2004 and 2011. 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. He and Zed were friends and business partners initially before they both decide to establish a company. Furthermore, each of them holds a significant stake in the following ZSE-listed businesses: Axia Holdings, Simbisa Brands, National Foods, Padenga, and Colcom. 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. Zimbabwean businessman Zed Koudounaris loses $4.7 million as Axia Corp #4 Zinona Koudounaris Net worth on the ZSE: $101.1 million . Zimbabwes richest man and founder of Econet Global ltd owns 43.7 percent of Econet Wireless Zimbabwe the countrys largest mobile telecom company. At the moment, Zed sits on a number of boards which include Innscor Africa Limited, Simbisa Brands and Axia Corporation Limited. 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. Zimbabwe is a South African country largely known for its national parks, terrestrial wildlife, vegetative landscape, and waterfalls. Through the channel, he advocates political issues and entertainment, individual liberty, term limitations for the congress, hypocrisy in media, corrupted . This successful businessman is the richest person in Zimbabwe currently. He is on the board of Innscor Africa Ltd. (former CEO & Non-Independent Non-Executive Director), Simbisa Brands Ltd. and . Should be on the list too, Your email address will not be published. Do you have anything youd like to add? He is the Chairperson and founder of Econet Wireless; a company that deals in telecommunication. This successful businessman is the richest person in Zimbabwe currently. Dr. Chipo Ndudzo - Managing Director. These countries include Kenya, Mauritius, Zambia, Ghana and others. 2023 Billionaires.Africa. 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. . Ken Sharpe and Dr James Makamba each Although Nicholas Van Hoogstraten was born in England, he spent a significant amount of time there and became a citizen there. rida collection kharian . He owns a large portion of the locally owned department store Barbours as well as the ZSE-listed Miekles. Who is Zed 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 Fowler. Wairegi owns a beneficial 4.02-percent stake in the Kenyan investment holding. Zed Kuodounaris is another businessperson who has successfully tapped into multiple sources of riches. 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. Koudounaris, one of Zimbabwe's most successful businessmen, is the founder of Simbisa brands. This is as a result of the substantial contributions made by the populace to the advancement of the nation. The reason for this awful incident is unclear to this day. Over the years, he has diversified his venture, investing in automobiles, wildlife safaris, farming, diamond mining, and trucking. He is also a long time ally of Emmerson Mnangagwa, he is very close to senior politicians in Zimbabwe since the 1998 DRC war. At the moment, Zed sits on a number of boards which include Innscor Africa Limited, Simbisa Brands and Axia Corporation Limited. He gained affluence through his hunting business which he began in the late 1990s. Matlhogonolo Valela owns a 0.87-percent stake in Delta Corporation, Zimbabwes largest beverage manufacturer. Edeh Samuel Chukwuemeka ACMC, is a Law Student and a Certified Mediator/Conciliator in Nigeria. He began his entrepreneurial journey at a young age. 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. In its 2018 and 2019 billionaires . Innscor itself has grown to become one of the largest conglomerates in Zimbabwe with interests in Colcom, National Foods, Capri, Profeeds, Pro Brands, NatPak and Irvines. 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.. This amounts to a total loss of ZWL1.51 billion ($4.7 million) for the reclusive Zimbabwean businessman, who is one of the countrys wealthiest. He started a confectionery business in 1990 which later evolved into the West Group. The main business of the financier is the sales of trucks, car manufacturing, agriculture, and the mining industry. 10 richest people in Zimbabwe - AvtoTachki Zinona Koudounaris. Zed Koudounaris. He founded the company in 1997 together with fellow entrepreneur Michael Fowler. Surviving Cancer - Issuu 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 and his family own property in Harare. . He covers topics ranging from company valuations to educational technology. Koudounaris has held a number of positions within the Group including Chief Executive Officer upon the Group's listing in 1998. He was formerly a rugby player in Zimbabwe before he ventured into business. Strive Masiyiwa is a London-based entrepreneur born on 29th January 1961. ZimCanadian Community Magazine - Februarry 15th ISSUE 01 All Rights Reserved. Reports say many government officials and ruling party types throng Khumbulas office seeking financial favours from Koudounaris. The business is renowned for offering satellite and fiber optic services to several telecommunications companies throughout Africa. In Zimbabwe, the Safaris first operated as a hunting safari company. Black Church, St. Marys Place, Dublin 7, Ireland. Billys businesses mostly focus on haulage, farming, wildlife safaris, cobalt mining, and automobile manufacture. 548227, reg. 2023 Billionaires.Africa. 20 Richest Investors On The Zimbabwe Stock Exchange Top 10 Richest Men in Zimbabwe & Net Worth - Best Online Portal Although hes now considered a Zimbabwean, John Bredenkamp was born in South Africa, where he spent his first few years growing up. His eldest son Isaac took over the business upon his death. 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. Catalog. Omega Mugumbate - Head Legal & Compliance. Sam Levy Family. Born in South Africa in 1940, John Bredenkamp moved to then Rhodesia with his family when he was a child. 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. 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. Zed Koudounaris. CEO and Director at Sakunda Holdings Group and a businessman with vast interests in the energy sector, transport and mining. Koudounaris, a Zimbabwean businessman and serial investor who founded Simbisa Brands, a fast-food restaurant operator with operations in Southern and East Africa, owns 20.6 percent of Harare-based Axia Corp. At the time of writing, shares in the leading group had fallen by 11.8 percent since the start of the year, from ZWL111.216 ($0.345) to ZWL98.003 ($0.304), bringing the groups market capitalization below ZWL55 billion ($175 million). The Zimbabwean billionaire is best known for having co-founded Innscor Africa, a manufacturer of consumer staple and durable goods. He completed his tertiary education at Rhodes University in South Africa where he attained a Bachelor of Commerce degree, majoring in Business and Computer Sciences. He is also widely known for having a tight relationship with Robert Mugabe. law firms and other gatekeepers of the financial system in facilitating the creation of offshore companies for high net worth individuals. He founded his own company Caselle Group Of Companies in Belgium after many years of hard work and persistence. Axia Corp operates in the specialty retail and distribution sector, with dominant businesses in the retail of household goods and appliances, automotive goods retail, and fast-moving consumer goods distribution across Zimbabwe. Ngoni Chamanga - Head Of Human Resources Affair. Nicholas Van Hoogstraten is the third richest man in Zimbabwe. Mr Koudounaris is also believed to have other interests in farming, mining, real estate and tourism. Zinona Koudounaris, better known as Zed, has served as Non-Executive Director of Innscor since . The world's premier source of news on Africa's billionaires and UHNWIs. 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. zed koudounaris net worth DeltaQuest Media Limited. Zed Koudounaris. Holdings: Ketan Naik holds 4.48 per cent of Daribord Holdings, a manufacturer and marketer of milks, foods and beverage products. Net worth: Estimated US$900 million. Together with Zed Koudounaris (who also appears on this list), Michael Fowler co-founded Innscor Africa as a chicken shop in 1987. As of 3 May 2021, Strive Masiyiwa's real-time net worth is US$1.5 Billion. have a net worth of US$600m. Top 10 Richest Men In Zimbabwe (2023) | 9JATODAY In fact, he is also referred to as the African Napoleon. This Zimbabwean entrepreneur was born in England into a humble home. Card payments collected by DeltaQuest Media Limited, company no. He started his entrepreneurial journey in 1990 when he established a confectionery and food distribution business which, ultimately, became the West Group. All Rights Reserved. The value of the shares is based on prices at the end of trading on Aug. 20, and valuations are converted to U.S. dollars at current exchange rates. Michael Fowler, whose name was referenced previously in this essay, is where we . 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. According to Zimbabwean law, this is prohibited unless authorised by the Zimbabwe Reserve Bank which, naturally, was not. Born in 1973, Kenneth Raydon Sharpe is the Executive Chairman of West Properties Company. zed monopoly net worth zed monopoly net worth - lgs.sf.ddns.bulsat.com Top 10 Richest Men in Zimbabwe & Net Worth - ZGR.net Required fields are marked *. One of the most famous and richest DJs in the world is Zedd, real name Anton Zaslavski. Zinona (Zed) Koudounaris Profile - StartupBiz Zimbabwe [ April 12, 2023 ] Guns out for Hopewell Chin'ono, CCC accuses him of discrediting the party Headlines [ April 12, 2023 ] Man City beats Bayern 3-0 in Champions League quarterfinals Sports He has expanded his business across 13 African counties including South Africa, Angola, and Mozambique. Interestingly, in 2000 50 motorbikes marked Police were discovered at his farm, and he was only fined Z$200 (a ridiculous 0.45 or $0.55). Winky D, with a net worth of $650,000, is the richest zimdancehall artist in Zimbabwe. Koudounaris' portfolio on the Zimbabwe Stock Exchange includes 2.5 percent of Innscor Africa, 18.41 percent of Simbisa Brands and 20 . Net worth on the ZSE: $101.1 million. He is considered to be among the richest people in Zimbabwe with an estimated net worth of around $1.1 billion. With a net worth of $793,000,000, John Bredenkamp is one of the richest men in Zimbabwe. Zed has interests in mining . Sam Levy Family is the property developer that constructed the shopping mall Sam Levys Village. Wairegi owns a beneficial 4.02-percent stake in the Kenyan investment holding. Who is Mugabe's wife? ZZZ, ZZZZ doodle bed sleep snore icons ZZZ, ZZZZ doodle bed sleep snore icons. 14,400+ Zed Stock Photos, Pictures & Royalty-Free Images - iStock 219 Followers, 842 Following, 926 Posts - See Instagram photos and videos from Chris Koudounaris (@koudounaris) He peddled different items and made thousands of dollars at that early age. In 2016 Koudounaris and Fowler were named in the Panama Papers as having opened four companies in the British Virgin Islands and transferring money from their salaries, against the countrys forex regulations. Wednesday, March 31, 2021 at 10:04 AM by Barbara Davis. Nevertheless, John Bredenkamp grew up to become an accomplished businessman. Notify me of follow-up comments by email. Bonnie Deuschle . He has also worked in the mining industry, gathering over 20 years of experience. 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. He has held several managerial roles in some of Zimbabwes and South Africas biggest companies. Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local investors, which have pushed the joint valuation of the 20 richest investors in the country above the $2.5-billion mark. Mushayavanhu owns 6.6 percent of the company. Zinona (Zed) Koudounaris Bio - Wiki Mzansi 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). He later emigrated to Zimbabwe and by 2013 owned over 1,600 square miles of land. Join us as we take a look at the top 10 richest people in Zimbabwe. Zed Kuodounaris is another businessperson who has successfully tapped into multiple sources of riches. The country has experienced stringent political situations and diverse monetary crises since its existence. how to print on metal Comments can be sent to: news@billionaires.africa. Continue with Recommended Cookies. He owns a 0.49-percent stake in the company, which is worth $5.8 million. Download ZimCanadian Community Magazine - Februarry 15th ISSUE 01 PDF for free. . 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. Simbisa currently operates 413 Quick Service Restaurants (QSR) in 9 countries across Africa. He resides in the United Kingdom and holds the position of Director for the Econet Wireless organization. Chelsy Davy, his daughter, was Prince Harrys on-and-off lover between 2004 and 2011. Holdings: Insscor Africa, Simbisa Brands, Axia Corporation. With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. Net worth $3.5 Billion Before he turned 10, he relocated with his family to Zimbabwe which was known as Rhodesia at the time. In the 1990s, John Bredenkamps company became the largest tobacco merchant in Zimbabwe.