Top 50 Richest Men in Zimbabwe 2025

By Glusea

Published on December 30, 2024

Top 50 richest men in Zimbabwe 2025: According to The Zimbabwean Sunday Mail, These are the list of the top 50 richest people in Zimbabwe. Among the list, the only recognized person is Strive Masiya who has a net worth of $1.9 Billion.

He is the founder and executive chairman of the telecommunications, technology and renewable energy company Econet Global.

Top 50 Richest Men in Zimbabwe

Most Africans are evasive when it comes to revealing their wealth hence the difficulty getting the real worth estimated

Top 50 Richest men in Zimbabwe

1.Strive Masiyiwa

He set up Econet Wireless Zimbabwe, which is under the Econet Group, headquartered in Johannesburg, South Africa, and registered in Mauritius.

Strive Masiyiwa is a London-based Zimbabwean billionaire businessman and philanthropist. He is the founder and executive chairman of the international technology group Econet Global.

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He has gained international recognition for his business expertise and philanthropy, and is considered one of Africa’s most generous humanitarians. Masiyiwa has provided scholarships to more than 250,000 young Africans over the past 20 years through his family foundation.

He supports more than 40,000 orphans with educational initiatives and sponsors students at universities in America, The United Kingdom, and China.

Strive Masiyiwa is number 1 of the richest men in Zimbabwe list with a net worth of $1.6 billion.

2. Philip Chiyangwa -$2 billion

In the 1980s, Chiyangwa embraced entrepreneurship, promoting boxing and music groups, and running a secretarial and accounting agency.

By the 1990s, Chiyangwa owned a tourist complex, a number of manufacturing and engineering companies and was involved in the ownership of Zimbabwe’s Telecel.

In the 1990s, Chiyangwa became the president of Zimbabwe’s Affirmative Action Group.

He continued to amass wealth by setting up Native Africa Investment Ltd. and Midiron Investments. His companies invested in footwear, steel fabrication and metal engineering.

He also set up Pinnacle Property Holdings which invested in real estate along with the Phillip Chiyangwa Family Trust.

Chiyangwa’s accumulation of wealth has often been associated with his connections to prominent figures within Zanu-PF.

currently Philip Chiyangwa net worth is $2 billion and he is among the top 50 richest men in Zimbabwe

3. Shingi Mutasa

Mutasa is the brains behind the country’s tallest shopping mall, Joina City Centre, which is situated in the capital Harare.

He pioneered bringing international food franchises in Zimbabwe but his long-term passion has been entrepreneurship where he is setting up an enterprise incubator to nurture entrepreneurship in the country. He has partnered with Africa’s biggest Entrepreneurship Incubator. Furthermore, his investments are now more into ICT, solar and telecoms.

Shingi Munyeza net worth is estimated at $200 million making him one of the richest men in Zimbabwe

The List Continues

Moses Chingwena

Moses Tonderai Chingwena is the founder of CROCO Motors, an automobile company that operates the Ford, Mazda, UD Trucks, KIA, Eicher, and Volvo franchises.

The company is also a dealer for Nissan, Datsun, Toyota, Renault, Higer and Yutong. Croco Motors’ key product segments are new vehicles, vehicle service and the sale of spare parts & accessories. Other value-added services offered include tyre fitment, wheel alignment & wheel balancing and rhino lining.

Key divisions are Croco Ford & Mazda, Croco Nissan, Croco Toyota, Croco Commercial, Renault Zimbabwe, Kia Zimbabwe, Auto Body Centre and Pitstop. Croco Motors has operations in Harare, Bulawayo, Masvingo, Chiredzi, Selous, Mutare and Victoria Falls.

Moses Chingwena net worth is estimated at $110 million and he is among the top 50 richest men in zimbabwe.

Emmanuel Makandiwa

Emmanuel Makandiwa is the founder of United Family International Church (UFIC). Makandiwa was born on 25 December 1977 in Muzarabani. His mother is Lilian Makandiwa and he is also known as Shingirai Chirume.

He is one of the richest men in Zimbabwe with an estimated net worth of $150 million according to abtc.ng.

Dr Guramutunhu

Solomon Guramatunhu is a Zimbabwean medical doctor that specializes in the surgical and medical care of the eyes. He attended Waterford Kamhlaba United World College of Southern Africa, obtained his undergraduate medical degrees from the University of Zimbabwe and postgraduate qualifications in ophthalmology from the Royal College of Surgeons of England and the Royal College of Surgeons of Edinburgh.

Guramatunhu is one of the most successful people in Zimbabwe.

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Honour Mukushi

Honour Piniel Mkushi is a businessperson who has been at the helm of 10 different companies.

He occupies the position of Chairman of Nissan Clover Leaf Motors, Chairman for Automotive Distributor Pvt Ltd., Chairman at CAFCA Ltd. and Chairman at Marsh Insurance Brokers (Pvt) Ltd. He is also on the board of Marsh UK Ltd. and Windmill Fertilisers Ltd. and Chairman for Sawyer & Mkushi Legal Practitioners.

Ezekiel Guti

Ezekiel Handinawangu Guti is the founder of Zimbabwe Assemblies of God Africa (ZAOGA), a Pentecostal Christian church that broke away from a South African Pentecostal church, the Apostolic Faith Mission, in 1959.

ZAOGA is also known internationally as Forward in Faith Ministries International and is headquartered in Waterfalls, Harare, Zimbabwe.

with an estimated wealth of $998 million, Ezekiel Guti is number 8 of the top 50 richest men in zimbabwe

9. Adam Motsi

Douglas Munatsi Net worth

Douglas Tawanda Munatsi, known simply as Doug in Zimbabwe, is a business executive, entrepreneur. He is known mostly for leading BancABC since its formation in 2000, until its acquisition by Atlas Mara in 2014. He was appointed the Zimbabwe Investment and Development Agency by President Emmerson Mnangagwa in 2019.

Douglas Munatsi net worth is $125 million and he is one of the richest men in Zimbabwe currently

James Makamba

James Makamba is a Zimbabwean businessman, politician, and former commercial broadcaster. He has been involved in a variety of business ventures, spanning telecommunications, retail, mining, and professional consultancy.

Career and Achievements

Makamba is perhaps best known for his role as the founder and chairman of Telecel Zimbabwe, one of the leading telecommunications companies in Zimbabwe. His career has also seen him hold significant positions such as serving as a non-executive director at companies both locally and internationally.

He has played a key role in Zimbabwe’s economic development by investing in several industries, thus contributing to the overall growth and business diversity within the country.

Net Worth

James Makamba’s net worth is estimated to be $100 million, securing his spot among the top 50 richest men in Zimbabwe.

His wealth, acquired through diverse and strategic business activities, stands as a testament to his business acumen and entrepreneurial spirit.

Shingi Munyeza

Shingi Munyeza is a multi-faceted entrepreneur, primarily known for his role as the driving force behind the tallest shopping mall in Zimbabwe, Joina City Centre. Located in the capital city, Harare, this landmark stands as a testament to his visionary approach.

Career and Achievements

Munyeza pioneered the introduction of international food franchises in Zimbabwe, marking a significant shift in the country’s culinary landscape. However, his long-term passion has always been entrepreneurship. He is dedicated to fostering new business ventures by setting up an enterprise incubator, which aims to nurture and develop budding entrepreneurs within the country. This initiative includes partnerships with Africa’s largest Entrepreneurship Incubator.

Munyeza’s current investment focus spans across the ICT, solar energy, and telecommunications sectors, indicating his versatility and forward-thinking mindset in business.

Net Worth

Shingi Munyeza’s net worth is estimated at $200 million, making him one of the richest men in Zimbabwe. His wealth has been accumulated through his diverse business enterprises and continuous innovation in various sectors.

Alex Jongwe

Alex Jongwe is a prominent businessman in Zimbabwe, known for his significant contributions to the real estate and agricultural sectors. Over the years, Jongwe has built a diverse portfolio of investments, making him one of the wealthiest individuals in Zimbabwe.

Career and Achievements

Jongwe began his career in real estate, where he quickly established himself as a formidable player. His company, Jongwe Properties, is recognized for developing high-end residential and commercial properties across major cities in Zimbabwe. The success of these ventures has not only cemented his reputation in the real estate industry but has also contributed significantly to his wealth.

In addition to his real estate ventures, Jongwe has diversified his investments into agriculture. He owns several large-scale farms that produce a variety of crops, including maize, tobacco, and soybeans. His agricultural enterprises have not only thrived but also provided employment opportunities for many Zimbabweans, contributing to rural development and food security in the country.

Philanthropy

Apart from his business acumen, Alex Jongwe is also known for his philanthropic efforts. He has funded numerous education and health initiatives, primarily focusing on improving the lives of underprivileged communities in Zimbabwe. Jongwe has sponsored scholarships for students, built schools, and provided essential medical supplies to hospitals and clinics.

Net Worth

Alex Jongwe’s net worth is estimated to be around $250 million. His wealth, derived from his successful ventures in real estate and agriculture, places him among the top 50 richest men in Zimbabwe. His continuous investment in various sectors and commitment to philanthropic activities highlight his multifaceted approach to business and social responsibility.

Through his innovative business strategies and dedication to social causes, Alex Jongwe continues to be a leading figure in Zimbabwe’s economic landscape.

Dr. John Mangudya

Dr. John Panonetsa Mangudya is a prominent economist and the Governor of the Reserve Bank of Zimbabwe. His extensive experience and profound knowledge in economics have played a significant role in shaping Zimbabwe’s financial sector.

Career and Achievements

Dr. Mangudya has held various significant positions throughout his career. Before his appointment as the Governor of the Reserve Bank of Zimbabwe, he served as the Chief Executive Officer of CBZ Holdings, one of the leading banking institutions in Zimbabwe. His tenure at CBZ Holdings was marked by impressive growth and stability within the bank.

As the Governor of the Reserve Bank of Zimbabwe, Dr. Mangudya has been at the forefront of implementing monetary policies aimed at stabilizing the Zimbabwean economy. Despite the challenges faced by the country, his initiatives have focused on fostering economic growth, managing inflation, and stabilizing the national currency.

Educational Background

Dr. Mangudya holds a Doctorate in Business Administration from Washington International University. He also has a Master’s degree in Strategic Management and a Bachelor’s degree in Economics from the University of Zimbabwe. His educational background has equipped him with the theoretical and practical knowledge necessary for navigating the complex financial landscape of Zimbabwe.

Contribution to Financial Sector

Under his leadership, the Reserve Bank of Zimbabwe has introduced several financial reforms to enhance the banking sector’s efficiency and stability. Dr. Mangudya’s efforts in promoting financial inclusion have led to increased access to banking services for the unbanked population in Zimbabwe.

He has also been instrumental in reintroducing the Zimbabwean dollar as the official currency, which was a significant step towards regaining monetary sovereignty for the country. This move was accompanied by various measures to control inflation and stabilize the exchange rate.

Net Worth

While the exact net worth of Dr. John Mangudya is not publicly disclosed, his position as the Governor of the Reserve Bank of Zimbabwe and his previous roles in the banking sector suggest that he is among the affluent individuals in Zimbabwe. His contributions to the financial sector have not only earned him respect but have also solidified his standing as one of the influential figures in Zimbabwean economics.

Philanthropy

Beyond his professional achievements, Dr. Mangudya is also known for his philanthropic endeavors. He has been involved in various community development projects, particularly focusing on education and healthcare. His initiatives have provided scholarships to underprivileged students and supported health facilities with essential resources.

Through his visionary leadership and commitment to economic stability, Dr. John Mangudya continues to be a pivotal figure in Zimbabwe’s financial and economic landscape.

Esau Mupfumi

Esau Mupfumi is a prominent businessman and politician in Zimbabwe, known for his significant contributions to the transport and logistics sector. His diverse business ventures and political career have earned him a notable position among Zimbabwe’s wealthy individuals.

Career and Achievements

Mupfumi is the founder and owner of Mupfumi Bus Services, one of the leading transportation companies in Zimbabwe. The company operates a fleet of buses that provide both long-distance and local transportation services. Mupfumi Bus Services is renowned for its reliability and quality services, making it a preferred choice for many travelers in Zimbabwe.

In addition to his transport business, Esau Mupfumi has invested in other sectors, including real estate and retail. His business acumen has enabled him to build a diverse portfolio that contributes significantly to his wealth.

Political Career

Mupfumi has also made a mark in the political arena. He has served as a Member of Parliament for the Mutare West Constituency, representing the ruling party, ZANU-PF. His political career has been characterized by his commitment to improving the livelihoods of his constituents through various developmental projects.

Net Worth

Esau Mupfumi’s net worth is estimated to be around $75 million. His wealth primarily comes from his successful transportation business and other investments. His financial success reflects his entrepreneurial skills and strategic business decisions.

Philanthropy

Apart from his business and political activities, Mupfumi is also known for his philanthropic efforts. He has funded numerous community development projects, focusing on education, healthcare, and infrastructure. His charitable contributions have had a positive impact on many underprivileged communities in Zimbabwe.

Through his entrepreneurial ventures, political involvement, and philanthropy, Esau Mupfumi continues to be a significant figure in Zimbabwe’s socio-economic landscape. His journey from a business owner to a respected politician underscores his dedication to both economic growth and societal development.

Tawanda Mutyebere

Tawanda Mutyebere is a distinguished entrepreneur from Zimbabwe, best known for his influential role in the fast-food industry. He is the founder and CEO of Chicken Slice, a fast-growing fast-food chain that has made significant inroads in the Zimbabwean market.

Career and Achievements

Founding Chicken Slice

In 2010, Tawanda Mutyebere established Chicken Slice, which has since become a household name in Zimbabwe. Starting with a single outlet, he expanded the brand across major cities, emphasizing quality and affordability. The success of Chicken Slice can be attributed to its innovative approach, such as offering a local twist to traditional fast-food items, which has resonated well with Zimbabweans.

Business Philosophy

Mutyebere’s business philosophy revolves around providing excellent customer service and quality products at reasonable prices. His dedication to maintaining high standards in all aspects of the business has earned Chicken Slice a loyal customer base and numerous awards.

Expansion and Innovation

Under Tawanda Mutyebere’s leadership, Chicken Slice has introduced various menu items, catering to diverse tastes and preferences. The brand’s ability to continuously innovate has kept it competitive in a challenging economic environment. Additionally, Mutyebere is committed to expanding the company’s footprint by opening new outlets and exploring opportunities beyond Zimbabwe.

Philanthropy

Beyond his business success, Tawanda Mutyebere is also known for his philanthropic efforts. He has been involved in various community development projects, focusing on education and healthcare. His initiatives have provided scholarships to underprivileged students and donations to local hospitals, showcasing his commitment to giving back to society.

Personal Life

Tawanda Mutyebere balances his professional endeavors with a fulfilling personal life. He is a family man who values spending quality time with his loved ones. Despite his success, he remains humble and grounded, often attributing his achievements to hard work, perseverance, and the support of his family and team.

Net Worth

While the exact net worth of Tawanda Mutyebere is not publicly disclosed, his success with Chicken Slice and other business ventures suggests that he is among the affluent individuals in Zimbabwe. His financial success reflects his entrepreneurial spirit and strategic business acumen.

Recognition and Awards

Tawanda Mutyebere has received various accolades for his contributions to the fast-food industry and the business community at large. His innovative approach and dedication to quality have earned him respect and recognition as a leading entrepreneur in Zimbabwe.

Conclusion

Tawanda Mutyebere’s journey from a single fast-food outlet to becoming a prominent figure in Zimbabwe’s business landscape is truly inspiring. His entrepreneurial spirit, coupled with his commitment to quality and community development, continues to shape the fast-food industry in Zimbabwe. Through Chicken Slice, he has not only provided employment opportunities but also set a high standard for future entrepreneurs to follow.

Tawanda Nyambirai

Overview

Tawanda Nyambirai is a renowned lawyer, entrepreneur, and businessman in Zimbabwe. He has made significant strides in various sectors, including finance, law, and telecommunications. His diverse portfolio and contributions to the business landscape make him one of the influential figures in Zimbabwe.

Early Life and Education

Tawanda Nyambirai was born and raised in Zimbabwe, where he developed a keen interest in law and business from a young age. He pursued a law degree at the University of Zimbabwe, setting the foundation for his future endeavors. His academic background equipped him with the knowledge and skills necessary to navigate the complex legal and business environments.

Career and Achievements

Legal Career

Tawanda Nyambirai is a qualified lawyer and the founder of TN Financial Services, a firm that offered legal and financial services. His legal expertise has been instrumental in his business dealings, providing a strong foundation for contract negotiations and dispute resolutions. His firm quickly gained a reputation for excellence, attracting a diverse clientele and fostering substantial growth.

Telecommunications

Nyambirai is perhaps best known for his significant contributions to the telecommunications sector in Zimbabwe. He played a pivotal role in the growth of Econet Wireless, one of the leading telecommunications companies in Zimbabwe, founded by Strive Masiyiwa. Nyambirai served as the chairman of Econet Wireless Zimbabwe, where his strategic leadership helped steer the company through various challenges and expansions.

Banking and Finance

In addition to his ventures in telecommunications, Tawanda Nyambirai co-founded TN Holdings, a diversified group with interests in finance, retail, insurance, and real estate. TN Holdings built a strong presence in the financial sector, providing innovative banking solutions and financial products to a wide range of customers. His leadership and vision were critical in establishing the firm as a significant player in the Zimbabwean financial services industry.

Net Worth

While Tawanda Nyambirai’s exact net worth is not publicly disclosed, his extensive business ventures and successful career in law and finance suggest that he is among the wealthy individuals in Zimbabwe. His financial success is a testament to his entrepreneurial spirit and strategic acumen.

Philanthropy

Tawanda Nyambirai is also known for his philanthropic efforts. He has been actively involved in various community development projects, focusing on education, healthcare, and social welfare. His initiatives have provided scholarships to disadvantaged students and supported local healthcare facilities, demonstrating his commitment to giving back to society.

Personal Life

Despite his professional success, Tawanda Nyambirai remains a humble and down-to-earth individual. He is a family man who values spending time with his loved ones. His personal and professional achievements reflect his dedication, hard work, and the support of his family and team.

Conclusion

Tawanda Nyambirai’s journey from a lawyer to a prominent businessman is truly inspirational. His contributions to the legal, financial, and telecommunications sectors have not only earned him respect and recognition but have also had a lasting impact on Zimbabwe’s economic landscape. His commitment to philanthropy and community development further highlights his multifaceted approach to business and social responsibility.

Farai Matsika

Farai Matsika is a prominent Zimbabwean entrepreneur and businessman known for his significant contributions to the automotive and transportation industries. Matsika’s diverse business ventures and innovative approach have solidified his standing as one of the influential figures in Zimbabwe’s business landscape.

Career and Achievements

Founding Doves Funeral Service

Farai Matsika played a pivotal role in Doves Funeral Service, a leading player in Zimbabwe’s funeral services industry. With a rich heritage and commitment to providing compassionate services, Doves has been transformed under Matsika’s strategic leadership. This role has not only positioned him as a key figure in the industry but has also allowed him to innovate and expand the company’s services to meet the evolving needs of their clients.

Croco Motors

Farai Matsika is also well-known for his association with Croco Motors, one of the largest automotive dealerships in Zimbabwe. Initially joining the firm in an executive capacity, Matsika’s dynamic leadership has been instrumental in scaling the operations of Croco Motors. The company deals in a wide range of vehicles, including brands such as Ford, Mazda, KIA, Volvo, and many more. Through strategic partnerships and focused growth plans, Croco Motors has established itself as a trusted name in the automotive sector under Matsika’s guidance.

Diversification and Innovation

Apart from his core involvement in automotive and funeral services, Farai Matsika’s business interests span various sectors. His drive for innovation and diversification has led him to explore opportunities in logistics, real estate, and other industries. This diversified portfolio not only mitigates risk but also maximizes opportunities for growth and stability in challenging economic times.

Philanthropy

Beyond his business ventures, Farai Matsika is deeply committed to philanthropy. He has been actively involved in various charitable activities aimed at improving education and healthcare in Zimbabwe. His philanthropic efforts include funding scholarships for underprivileged students, supporting local schools, and donating essential medical supplies to healthcare facilities. Matsika’s commitment to social responsibility and community development underscores his holistic approach to business and leadership.

Net Worth

While the exact net worth of Farai Matsika is not publicly disclosed, his diverse business interests and successful leadership roles suggest that he is among the affluent individuals in Zimbabwe. His financial success is a testament to his entrepreneurial spirit, strategic acumen, and dedication to growth and innovation.

Personal Life

Farai Matsika is known for balancing his professional endeavors with a fulfilling personal life. He is a family-oriented individual who values spending quality time with his loved ones. Matsika’s humility and grounded nature have earned him respect both in the business community and beyond.

Conclusion

Farai Matsika’s journey from founding key businesses to becoming a notable figure in Zimbabwe’s economic landscape is truly inspiring. His entrepreneurial spirit, commitment to innovation, and dedication to philanthropy continue to make a significant impact. As a leading businessman, Matsika’s efforts contribute to the overall growth and development of Zimbabwe’s business community, setting a high standard for future entrepreneurs to follow.

19. Philip Mataranyika

20. Farai Rwodzi

21. Edwin Manikai

22. Addington Chinake

23. Prophet Walter Magaya

24. Kenny Mubaiwa

25. Kuda Tagwirei

26. Tafadzwa Chigumbu

27. George Manyere

28. Walter Kambwanji

29. Richard Murimi

30. Sam Jena