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.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published.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

    ad

    You May Also Like

    Politics

    Oyo State High Court in Ibadan has given the Peoples Democratic Party (PDP) the green light to proceed with its scheduled elective National Convention...

    News

    Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja on Wednesday, convicted and sentenced Samuel Asiegbu, former financial and retail product...

    Politics

    President Bola Tinubu has declared a state of emergency on the condition of training facilities for Nigeria’s internal security agencies, including the Nigeria Police...

    News

    Justice Mojisola Dada of the Lagos State Special Offences Court has ruled that Nigerian social media personality, Ismaila Mustapha, popularly known as Mompha, has...