By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Catalyst MagazineThe Catalyst Magazine
Notification Show More
Latest News
DJ Cuppy Makes History as the First Nigerian to Open the 79th United Nations General Assembly
ENTERTAINMENT LIFESTYLE NEWS
Renowned Islamic Singer Rukayat Gawat-Oyefeso Passes Away
LIFESTYLE NEWS
China’s New Economic Measures : Global Impacts and Opportunities
BUSINESS INVESTMENT
Amadou-Mahtar M’Bow : The First African Director of UNESCO Passes Away
NEWS POLITICS
Who is Philemon Yang, the Cameroonian President of the 79th Session of the United Nations General Assembly ?
POLITICS
Aa
  • Home
  • News
    • POLITICS
    • TECH
    • ENTERTAINMENT
    • BUSINESS
    • LIFESTYLE
    • HEALTH
    • INVESTMENT
    • CLIMATE & ENVIRONMENTAL CHANGE
  • Magazines
  • Contact
Reading: Econet founder Strive Masiyiwa becomes Britain’s first black billionaire
Share
Aa
The Catalyst MagazineThe Catalyst Magazine
Search
  • Home
  • News
    • POLITICS
    • TECH
    • ENTERTAINMENT
    • BUSINESS
    • LIFESTYLE
    • HEALTH
    • INVESTMENT
    • CLIMATE & ENVIRONMENTAL CHANGE
  • Magazines
  • Contact
Have an existing account? Sign In
Follow US
The Catalyst Magazine > Blog > BUSINESS > Econet founder Strive Masiyiwa becomes Britain’s first black billionaire
BUSINESS

Econet founder Strive Masiyiwa becomes Britain’s first black billionaire

Editor
Last updated: 2021/05/23 at 6:54 PM
Editor Published May 23, 2021
Share
SHARE

Strive Masiyiwa

Econet founder, Strive Masiyiwa, has been named Britain’s first black billionaire.

Masiyiwa, who is based in London, is the only black billionaire in the Sunday Times Rich List with 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 is a renowned philanthropist and businessman. He 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.

Recently, the father of six secured 400 million doses of the COVID-19 vaccine for Africa.

 

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.

You Might Also Like

China’s New Economic Measures : Global Impacts and Opportunities

Protest: Private Sector Begs Tinubu Regime, NLC, TUC Not To Disrupt Economy

Dangote to start exporting fertiliser to U.S., Brazil

June 19, 2021

Banks commence N6.98 USSD charge, customers kick

Editor May 23, 2021
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published.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

Follow US

Find US on Social Medias
Facebook Like
Twitter Follow
Youtube Subscribe
Telegram Follow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Popular News

Sanwo-Olu: Funds Spent By Governors On Security Is Enough To Finance State Police

Editor Editor October 15, 2021
Kunle Afolayan’s ‘Anikulapo’ Tops Most Watched Movies On Netflix Naija 2022 
VPN: FG orders prosecution of persons using Twitter
Yahaya Bello Wins Sun Newspapper’s Governor Of The Year
What Just Happened? Anthony Joshua Defeated Again – A Shocking Turn of Events
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • POLITICS
  • NEWS
  • LIFESTYLE
  • MAGAZINE

©2024 The Catalyst Magazine. All Rights Reserved

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?