Did you know that the tallest free-standing mountain in the world is Mount Kilimanjaro? It is located in Tanzania, but who are the richest people in Tanzania?
This is a question that many people around the world are curious to know. Well, in this article, we present you the list of the top 10 richest individuals in Tanzania ranked by their net worth.
Founder of Abood Group, Abdulaziz Abood has investments in transportation, petroleum distribution, and media.
He is also a Member of Parliament for Morogoro, which complements his business achievements
Yogesh Manek is the founder of MAC Group, which owns EXIM Bank, one of Tanzania’s largest banks, and Heritage Insurance.
His diversified portfolio makes him a notable figure in the financial sector
A leading figure in the GSM Group, Ghaleb Said Mohammed has diversified interests in real estate, logistics, and financial services.
His journey began working with his father before expanding the family business.
Yusuf Manji, CEO of Quality Group Ltd, oversees a family business that operates in manufacturing, real estate, and retail.
The group also owns the Quality Centre, one of East Africa’s largest shopping malls.
As the founder of Africarriers Group, Fidahussein Rashid pioneered Tanzania’s automotive sector by introducing second-hand car dealerships.
His company now holds exclusive distribution rights for brands like Eicher and Golden Dragon.
Shekhar Kanabar leads Synarge Group, a family-owned conglomerate specializing in automotive accessories and battery recycling.
His innovative leadership has made Synarge a key player in the region.
Ally Awadh founded Lake Oil Group, one of Africa's fastest-growing energy trading and transportation companies.
His entrepreneurial journey began in Canada and now spans fuel trading and storage facilities across multiple countries.
Chairman of the Bakhresa Group, Said Salim Bakhresa built his empire in food processing, logistics, and oil trading.
His company also owns Azam TV, a popular pay-per-view service in East Africa.
Rostam Azizi is a self-made billionaire with diverse investments in telecommunications, mining, and real estate.
He is a shareholder in Vodacom Tanzania, Caspian Limited, and Taifa Gas, cementing his status as one of Tanzania's wealthiest.
The richest person in Tanzania is Mohammed Dewji. He is the CEO of MeTL Group.
Mo Dewji's company was founded by his grandmother and developed by his father Gulamabbas Dewji in the 1970s. it deals in manufacturing, trading, agriculture, and real estate.
TL;DR List of the Richest Tanzanians
Conclusion
Summing up, Mohammed Dewji is the richest person in Tanzania. A similarity between all these 10 richest people is that they are all hardworking and business-minded individuals. If you want to become rich, it is important that you read their stories individually and assess some of the qualities that make them stand out.
I’m Clinton Wamalwa Wanjala, a financial writer and certified financial consultant passionate about empowering the youth with practical financial knowledge. As the founder of Fineducke.com, I provide accessible guidance on personal finance, entrepreneurship, and investment opportunities.
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