Connect with us

Hi, what are you looking for?

Entertainment

Strive Masiyiwa, Econet Founder Becomes Britain’s First Black Billionaire

Strive Masiyiwa, a London-based Zimbabwean businessman, founder Econet Group, and philanthropist has made history as the first black billionaire.

Masiyiwa, in the Sunday Times Rich List has a net worth of £1.087bn (about N655bn), earning him the title of Britain’s first black billionaire, according to DailyMail.

The 60-year-old telecom tycoon , currently sits on the board of Netflix and Unilever.

Masiyiwa is actively working as an African Union special envoy on COVID-19, saddled with the responsibility of providing Africa with vaccines.

Masiyiwa’s rise to wealth is a notable one, having fled with his parents from his Rhodesian (Zimbabwe) homeland to London in the ’60s, due to the unrest in the country after its independence.

Having moved to the United Kingdom as a child, he attended secondary school in Scotland and had an engineering degree from the University of Wales.

Upon his return to Zimbabwe in 1984, he began to work in telecoms. In 1993, he founded the Econet Group – a telecommunications company, which has now expanded its operations into Africa, Europe, Asia Pacific, and the Middle East region.

In 2016, Masiyiwa was appointed as a Non-Executive Director in Unilever, while in 2020, he became a member of the board of directors of Netflix.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Tech

ST Team, an AI-powered investment platform dedicated to creating financial freedom for individuals, has launched its Tech Academy program. This initiative offers free training...

News

The Smart Treasure (ST) Team visited the Pacelli School for the Blind and Partially Sighted Children in Lagos on Tuesday, extending their support with...

News

Nigerian music isn’t just a local force anymore, it’s a global takeover. Spotify’s 2025 Global Impact List shows just how far Nigerian music and...

E-Financial

Fidelity Bank Plc, a leading financial institution, has once again demonstrated its unwavering commitment to enhancing its host communities’ lifestyles. Through its dedicated education...