BillionaireNet
Masiyiwa
Strive Masiyiwa
Rank #2636
ZIMBABWETelecomTelecom

Strive Masiyiwa

Net Worth
$1.341B
0% (24h)
Strive Masiyiwa is a Zimbabwean-born, London-based billionaire businessman and philanthropist. As the founder and Executive Chairman of Econet Global and Cassava Technologies, he has been a pivotal figure in the Telecom industry for nearly four decades. His wealth source is telecom, and his estimated net worth as of January 2025, is $2.7 billion. Masiyiwa is a dedicated philanthropist, committed to supporting education and various social impact initiatives across Africa.

The Full Dossier

Early Life

Strive Masiyiwa was born in Southern Rhodesia (now Zimbabwe) on January 29, 1961. When he was seven, his family moved to Zambia. At the age of 12, he was sent to school in Scotland. He returned to Zimbabwe in 1984 after studying electrical engineering at the University of Wales.

Rise to Success

Masiyiwa's career began in Zimbabwe, where he worked as an engineer. In 1990, he founded Econet Wireless, which became Zimbabwe's first privately owned mobile network, after a protracted legal battle. Econet expanded across Africa and beyond, becoming a major player in the telecommunications sector.

Key Business Strategies

Masiyiwa's key business strategies have focused on innovation, overcoming regulatory hurdles, and investing in network infrastructure. His vision was to bring connectivity to Africa, and he built Africa's largest independent fiber network. He has also embraced digital transformation and fintech through his Cassava Technologies. He is known for his vision and hard work.

Philanthropy

Strive Masiyiwa, along with his wife Tsitsi, founded the Higherlife Foundation and Delta Philanthropies, supporting over 350,000 scholarships for African youth. They are signatories of the Giving Pledge. He is involved in various health initiatives, including campaigns against HIV/AIDS. He also co-founded the Carbon War Room and served on the UN Global Commission for Adaptation.

Career Timeline

2025

Time100 Philanthropy Honoree

Recognized for philanthropy with wife, Tsitsi.

2024

W.E.B. Du Bois Medal

Awarded by Harvard for contributions to African development

2020

Appointed to Netflix Board

Became the first African to be appointed to a Netflix Board member.

2017

Named one of the World's Greatest Leaders by Fortune Magazine

Recognized for his transformative work in the telecom industry

2010

Moved to the UK

Relocated to the UK from where he runs a global portfolio in over 40 countries.

2000

Emigrated from Zimbabwe

Moved to South Africa with his family.

1998

Launched Econet Wireless in Zimbabwe

Launched the first privately owned telecom in Zimbabwe.

1990

Founded Econet Wireless

Founded Econet Wireless, which became Zimbabwe's first privately owned mobile network.

1986

Founded his first business

Started an electrical contracting business in Zimbabwe.

Philanthropic Impact

Education, Health, Disaster Relief$XB

Higherlife Foundation

Supports education for over 350,000 African children and other initiatives.

Various$XB

Delta Philanthropies

Supports a variety of social impact initiatives in Africa.

Economic DevelopmentUndisclosed

Reimagine Rural Fund

Aims to foster economic activity at the rural level with a special focus on women and youth.

Wealth Trajectory