Zimbabwe’s richest man Strive Masiyiwa faces $400-million net worth plunge in single month
Despite this recent setback, Masiyiwa remains Zimbabwe’s richest man and also one of the world’s richest Black people.
Despite this recent setback, Masiyiwa remains Zimbabwe’s richest man and also one of the world’s richest Black people.
Masiyiwa owns 52.85 percent of Econet Zimbabwe.
Masiyiwa’s fortune is made up of his 52.85-percent stake in Econet Zimbabwe and 30-percent stake in EcoCash Holding.
EcoCash Holdings is now the fourth most valuable stock on the Zimbabwe Stock Exchange.
Masiyiwa is a London-based Zimbabwean billionaire businessman and philanthropist.
A $10,000 investment in EcoCash seven weeks ago is now worth $20,130.
Masiyiwa owns 30.26 percent of EcoCash Holdings, or 783,882,701 ordinary shares, through Econet Global Limited.