Strive Masiyiwa, a Zimbabwean millionaire, has re-entered the exclusive club of African billionaires with a net worth of more than $2 billion. This significant achievement is accompanied by an increase in the market value of his publicly traded companies on the Zimbabwe Stock Exchange.
Masiyiwa’s assets increased to $2 billion in just 18 days, surpassing its previous value of $1.9 billion and raising his year-to-date wealth gains to $800 million, up from $700 million in just three weeks, according to Billionaires Africa.
His quick surge in wealth has cemented his position not only as one of the world’s wealthiest Black billionaires, but also as the second-richest Black billionaire in Southern Africa.
According to Forbes, Masiyiwa is now ranked 1,538th among the world’s wealthiest people.
He has made numerous investments in businesses and endeavors such as Econet Global Limited and Liquid Intelligent Technologies, among others, which have helped to increase his net worth.
Strive Masiyiwa and his wife Tsitsi founded the Higherlife Foundation to help orphaned and disadvantaged children in Zimbabwe, Burundi, Lesotho, and South Africa.