Insight

• Infinity Media
• 7 Min Read

Zimbabwe Billionaires: Top 10 Richest Men In Zimbabwe

Zimbabwe, a nation blessed with abundant mineral resources, fertile lands, and a tenacious entrepreneurial spirit, has produced a select group of individuals who have amassed significant wealth despite economic turbulence. From telecommunications to mining, real estate to renewable energy, these men have harnessed Zimbabwe’s potential to build empires that drive economic progress. In this 2025 update, we explore the top 10 richest men in Zimbabwe, delving into their business ventures, wealth sources, and contributions to the nation’s development. While precise net worth figures are often speculative due to limited public data, their influence is undeniable, drawn from credible sources and public perception. This post includes a summary table for quick reference and reflects on the broader implications of wealth in Zimbabwe’s dynamic economy, where opportunity coexists with stark inequality.

Zimbabwe’s Economic Context

Zimbabwe’s economy, with an estimated GDP of $30 billion in 2025, is driven by mining (gold, platinum, lithium, and diamonds), agriculture, and an emerging service sector. The country’s vast mineral wealth positions it as a key player in global markets, yet challenges like currency volatility, historical hyperinflation, and political complexities create a high-stakes environment for wealth creation. The entrepreneurs on this list have thrived by leveraging Zimbabwe’s resources, urban growth, and trade connections, often navigating intricate government relationships. Their success highlights Zimbabwe’s potential but also underscores its high Gini coefficient, signaling significant income inequality. This backdrop frames the achievements of Zimbabwe’s wealthiest men, whose influence extends beyond personal fortunes to shape the nation’s economic future.

1. Strive Masiyiwa

Strive Masiyiwa, Zimbabwe’s foremost billionaire, commands an estimated net worth of $1.8–$2 billion. As the founder of Econet Global, he transformed telecommunications in Zimbabwe and Africa with Econet Wireless, a pioneer in mobile connectivity. His portfolio includes fintech innovations like EcoCash, which has revolutionized mobile payments, and investments in renewable energy and broadband infrastructure. Masiyiwa’s wealth reflects his strategic expansion into satellite technology, positioning Econet as a regional leader. His philanthropy through the Higherlife Foundation supports education and healthcare, impacting thousands of lives. Masiyiwa’s journey, overcoming regulatory hurdles in the 1990s, embodies resilience and innovation in Zimbabwe’s challenging market.

2. Kudakwashe Tagwirei

Kudakwashe Tagwirei, dubbed the “Energy King,” is a powerhouse in Zimbabwe’s fuel, mining, and agriculture sectors. His company, Sakunda Holdings, dominates fuel distribution and has expanded into gold and platinum mining, capitalizing on global demand. Tagwirei’s wealth, estimated in the hundreds of millions, is bolstered by strategic government contracts and infrastructure investments, such as fuel storage facilities. While his political ties have sparked controversy, his role in enhancing Zimbabwe’s energy security and mineral exports is significant. Tagwirei’s diversified portfolio underscores his ability to navigate Zimbabwe’s complex economic and political landscape.

3. Kenneth Raydon Sharpe

Kenneth Sharpe, with an estimated net worth of $800 million, is a real estate visionary reshaping Zimbabwe’s urban centers. His company, West Properties, is behind iconic developments like the Westgate Shopping Mall in Harare, catering to the growing middle class. Sharpe’s ventures in commercial and residential real estate, alongside property management and construction, drive job creation and infrastructure growth. His ability to anticipate urbanization trends has made him a leader in Zimbabwe’s property sector, contributing to the modernization of cities like Harare and Bulawayo.

4. Philip Chiyangwa

Philip Chiyangwa, a charismatic entrepreneur and politician, has an estimated net worth of $280 million. His wealth stems from real estate, with ventures like Pinnacle Property Holdings, which include luxury hotels and commercial properties. Chiyangwa’s interests also span hospitality, manufacturing, and agriculture, reflecting his versatility. His political connections have facilitated his success, though they’ve drawn scrutiny. Chiyangwa’s flamboyant persona and high-profile investments make him a central figure in Zimbabwe’s economic and social spheres, amplifying his influence.

5. Billy Rautenbach

Billy Rautenbach, with a net worth estimated at $700 million, is a titan in mining and renewable energy. His company, Green Fuel, leads Zimbabwe’s ethanol production, supporting sustainable energy goals. Rautenbach’s mining ventures, particularly in platinum and chrome, tap into Zimbabwe’s mineral wealth, a cornerstone of its economy. His regional influence extends to transport and logistics, enhancing his footprint across Southern Africa. Despite past controversies, Rautenbach’s focus on green energy and diversified investments positions him as a forward-thinking entrepreneur.

6. Wicknell Chivayo

Wicknell Chivayo, a polarizing figure, is known for his energy and infrastructure ventures through Intratek Zimbabwe. His high-profile contracts, such as the Gwanda Solar Project, have fueled speculation about his wealth, potentially in the hundreds of millions. Chivayo’s public philanthropy—gifting vehicles and cash—keeps him in the spotlight, though questions about transparency persist. His inclusion reflects his prominence in public discourse, despite inconsistencies in 2025 wealth rankings. Chivayo’s story highlights the intersection of business, politics, and public perception in Zimbabwe.

7. John Moxon

John Moxon, heir to the Meikles family legacy, commands wealth in the hundreds of millions through Meikles Limited. The company’s portfolio includes retail (department stores), hospitality (Meikles Hotel), and agribusiness. Moxon’s leadership has sustained Meikles’ prominence in Zimbabwe’s competitive market, serving both local and international clients. His investments in real estate and agriculture contribute to economic stability and job creation. Moxon’s focus on quality and brand reputation ensures Meikles remains a cornerstone of Zimbabwe’s commercial landscape.

8. Shingi Mutasa

Shingi Mutasa, with wealth estimated in the tens of millions, is a key player in retail and real estate. His company, Masawara Investments, owns stakes in major shopping centers like Joina City in Harare, catering to Zimbabwe’s urban consumers. Mutasa’s ventures also include insurance and manufacturing, showcasing a diversified approach. His ability to capitalize on the growing retail market has made him a significant figure in Harare’s commercial sector, despite his relatively low-key profile.

9. James Makamba

James Makamba, a seasoned entrepreneur, has interests in telecommunications, retail, and mining, with wealth estimated in the tens of millions. His stakes in mobile network operators and retail chains are complemented by investments in gold mining, aligning with Zimbabwe’s mineral export growth. Makamba’s career reflects adaptability, navigating economic crises and political shifts. His resilience underscores the importance of strategic flexibility in Zimbabwe’s volatile market, making him a notable figure in the country’s business landscape.

10. Temba Mliswa

Temba Mliswa, a former politician turned businessman, rounds out the list with wealth tied to agriculture and real estate. His large-scale farming operations in Mashonaland and property investments in urban areas reflect Zimbabwe’s rural-urban economic divide. Mliswa’s wealth, though speculative, is likely modest compared to top billionaires, but his public profile amplifies his influence. His focus on agriculture aligns with Zimbabwe’s efforts to revive its agrarian economy, once a regional powerhouse.

Summary Table: Top 10 Richest Men in Zimbabwe 2025

The Broader Impact of Wealth in Zimbabwe

Zimbabwe’s wealthiest men drive economic progress through job creation, infrastructure development, and innovation. Econet’s thousands of employees and Sakunda’s fuel infrastructure exemplify their impact. However, their wealth highlights Zimbabwe’s stark inequality, with many citizens facing economic hardship. Social media discussions often question the transparency of fortunes tied to government contracts, as seen with Tagwirei and Chivayo. The success of these entrepreneurs underscores Zimbabwe’s resource wealth and potential but also calls for policies to address disparities and foster inclusive growth. Investments in agriculture, mining, and urban development signal a path forward, but equitable distribution remains a challenge.

Conclusion

The top 10 richest men in Zimbabwe in 2025 embody the nation’s entrepreneurial spirit and resilience. From Strive Masiyiwa’s telecom dominance to Temba Mliswa’s agricultural ventures, they navigate a complex economic landscape to build wealth and influence. Their stories reflect Zimbabwe’s rich resources and dynamic markets but also highlight the need for inclusive economic policies. As Zimbabwe charts its future, these architects of wealth will shape its trajectory, balancing personal success with the imperative for broader societal progress.