Billionaire Profile
Mohammed Dewji
Global Rank
#2012

Image: User:Kakatabu | CC BY-SA 3.0 | via Wikimedia Commons

Mohammed Dewji

CEO, Diversified
TANZANIA
Real-Time Net Worth
$2.094B
Estimated based on Diversified stock value as of April 20, 2026
0% (24h)
Age
50
Source
Diversified
Industry
Diversified
Citizenship
TANZANIA

Biography

Mohammed Dewji, born on May 8, 1975, is a Tanzanian billionaire businessman, philanthropist, and former politician. He is the owner of MeTL Group, a diversified Tanzanian conglomerate. Dewji's estimated net worth is $2.1 billion as of March 2026. His wealth source is diversified, with MeTL Group having investments in manufacturing, agriculture, trading, finance, mobile telephony, insurance, real estate, transport and logistics, and food and beverages. Dewji's career includes growing MeTL Group's revenues from $30 million in 1999 to over $1.5 billion by 2018. He served as a Member of Parliament from 2005 to 2015. Dewji is also a dedicated philanthropist, having established the Mo Dewji Foundation in 2014 and joining The Giving Pledge in 2016, committing to donate at least half of his wealth to philanthropic causes.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Mohammed Dewji was born on May 8, 1975, in Singida, Tanzania. He is the second of six children of Gulamabbas Dewji and Zubeda Dewji. His family's roots trace back to Gujarati traders who migrated to East Africa in the late 1800s. Dewji received his primary education in Arusha and continued his secondary education at the International School of Tanganyika (IST) in Dar es Salaam, Tanzania. He furthered his studies in the United States, attending the Arnold Palmer Golf Academy and Trinity Preparatory School. He then attended Saddle Brook High School in New Jersey. Dewji graduated from Georgetown University in 1998 with a bachelor's degree in international business and finance, and a minor in theology.

Rise to Success

After graduating from Georgetown University, Dewji returned to Tanzania and joined Mohammed Enterprises Tanzania Limited (MeTL Group), a commodities trading business founded by his grandmother and expanded by his father. He quickly rose through the ranks, becoming the Chief Financial Officer (CFO) within two years. Dewji played a key role in expanding MeTL Group, acquiring and turning around several underperforming companies during Tanzania's privatization in the early 2000s. Under his leadership, MeTL's revenues surged from $30 million in 1999 to over $1.5 billion by 2018. As of 2022, revenue was over $2 billion. MeTL Group operates in 11 countries and employs over 28,000 people.

Key Business Strategies

Dewji's business strategies focused on expanding MeTL Group through acquisitions and strategic investments across various sectors, including manufacturing, agriculture, trading, finance, and mobile telephony. His leadership enabled MeTL Group to contribute approximately 3.5% of Tanzania's GDP. Dewji’s vision has expanded employment opportunities for Tanzanians and East Africans.

Philanthropy

Dewji is committed to philanthropy through the Mo Dewji Foundation, established in 2014, supporting education, healthcare, and community development initiatives in Tanzania. He also joined The Giving Pledge in 2016, promising to donate at least half of his wealth to philanthropic causes. His philanthropic work also includes investing in Simba Sports Club, a leading football team in Tanzania, to inspire youth and promote the country.

Career Milestones

1998

Graduated from Georgetown University

Obtained a bachelor's degree in international business and finance.

1999

Joined MeTL Group

Assumed management of MeTL Group.

2005

Member of Parliament

Served as Member of Parliament for Singida Urban.

2014

Founded Mo Dewji Foundation

Established a foundation to support various social causes.

2015

Forbes Africa Person of the Year

Awarded by Forbes Africa.

2016

Joined The Giving Pledge

Committed to donating at least half of his wealth to philanthropy.

2018

Kidnapping incident

Was kidnapped and released after nine days.

Philanthropy & Social Impact

Education, Healthcare, Community Development

Mo Dewji Foundation

Undisclosed

Supports education, healthcare, and community development.

Philanthropy

Giving Pledge

Undisclosed

Committed to giving at least half his wealth to philanthropic causes.

Sports

Simba Sports Club

$20M

Investment in Tanzania's leading football team

Business Philosophy & Leadership

Notable Quotes

""Success will always come to those that put in hard work.""

""I believe all dreams can come true. If we truly want them. If we're truly patient. And if we have the courage to pursue no matter what!""

""Never let the negativity of others affect your goals.""

""I have a dream that Africa should have one bloc - north to south - we could trade freely, people can move freely and that makes business sense.""

Leadership Principles

Hard Work

Success comes to those who put in hard work.

Innovation

Progress comes through innovation and change.

Credibility

Credibility is a fundamental attribute for growth.

Excellence

Always strive for excellence and do not settle for mediocrity.

Controversies & Challenges

2018

Kidnapping

Kidnapped at gunpoint and released after nine days.