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Strive Masiyiwa, Econet Founder Becomes Britain’s First Black Billionaire

Comms Week23 May 20210 Comments
Strive Masiyiwa, Econet Founder Becomes Britain’s First Black Billionaire
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Strive Masiyiwa, a London-based Zimbabwean businessman, founder Econet Group, and philanthropist has made history as the first black billionaire. Strive Masiyiwa, Econet Founder Masiyiwa, in the…

Strive Masiyiwa, a London-based Zimbabwean businessman, founder Econet Group, and philanthropist has made history as the first black billionaire.

Strive Masiyiwa, Econet Founder Becomes Britain’s First Black Billionaire
Strive Masiyiwa, Econet Founder

Masiyiwa, in the Sunday Times Rich List has 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 , 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.

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.

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