Billionaire Profile
Strive Masiyiwa
Global Rank
#1934

Image: Richter Frank-Jurgen | CC BY-SA 2.0 | via Wikimedia Commons

Strive Masiyiwa

CEO, Telecom
ZIMBABWE
Real-Time Net Worth
$2.132B
Estimated based on Telecom stock value as of March 6, 2026
0% (24h)
Age
65
Source
Telecom
Industry
Telecom
Citizenship
ZIMBABWE

Biography

Strive Masiyiwa is a Zimbabwean-born billionaire businessman and philanthropist, renowned for his significant contributions to the telecom industry and various humanitarian initiatives. As of early 2025, his estimated net worth is $2.7 billion. He is the founder and executive chairman of Econet Global and Cassava Technologies. Masiyiwa's career began after returning to Zimbabwe in 1984, where he built a successful electrical engineering business before diversifying into telecommunications. His efforts to secure a mobile license faced significant opposition from the Zimbabwean government, a struggle that shaped his entrepreneurial journey and led to the establishment of Econet Wireless Zimbabwe in 1998. Beyond business, Masiyiwa is deeply involved in philanthropy, co-founding the Higherlife Foundation with his wife, Tsitsi, which has supported over 300,000 scholarships for African children.

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Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Strive Masiyiwa was born on January 29, 1961, in Southern Rhodesia (now Zimbabwe). When he was seven, his family moved to Zambia. Later, he completed his secondary education in Scotland and earned a degree in electrical engineering from the University of Wales in 1983.

Rise to Success

After returning to Zimbabwe in 1984, Masiyiwa worked as a telecoms engineer before establishing his own engineering services firm in 1986. The emergence of mobile cellular telephony led him to diversify into telecoms. However, he faced significant challenges from the Zimbabwean government, which initially denied him a license to operate Econet Wireless. After a five-year legal battle, Masiyiwa won the right to operate Econet Wireless Zimbabwe in 1998.

Key Business Strategies

Masiyiwa's business strategy involved navigating complex regulatory environments and investing in the growth of mobile telecommunications across Africa. His focus on innovation and expanding into new markets, including fiber optic and cloud-based services through Liquid Intelligent Technologies, has been crucial to Econet's success. Masiyiwa also expanded his business through various strategic acquisitions, including a stake in Mascom Wireless Botswana and investments in fintech and power distribution firms.

Philanthropy

Masiyiwa and his wife, Tsitsi, founded the Higherlife Foundation in 1996, which has provided education, healthcare, and disaster relief to vulnerable children across Africa. Masiyiwa is also a signatory of the Giving Pledge and has been involved in supporting initiatives against HIV/AIDS, cervical cancer, and other health issues. He serves on the boards of the Bill & Melinda Gates Foundation and Netflix, and is a member of the Giving Pledge.

Career Milestones

1986

Founded Retrofit Engineering

Established an electrical engineering business.

1998

Founded Econet Wireless Zimbabwe

Launched Zimbabwe's first mobile phone network after a long legal battle.

2000

Moved to South Africa

Relocated with his family and continued his business ventures.

2010

Moved to the UK

Began operating his global portfolio from London.

2020

Netflix Board Member

Became a non-executive director at Netflix.

Philanthropy & Social Impact

Education

Higherlife Foundation

$XB

Supports education for over 250,000 orphaned and vulnerable children across Africa.

Health

Africans Against Ebola Solidarity Trust

Undisclosed

Co-founded to support efforts to combat Ebola.

Agriculture

Alliance for a Green Revolution in Africa (AGRA)

Undisclosed

Served as Chair, focused on strengthening food systems and supporting African smallholder farmers.

Business Philosophy & Leadership

Notable Quotes

""Integrity is better capital than money. You can accumulate it just like money, and you can use it just like money, but it goes further, and is enduring.""

""If we tackle corruption, no child would sleep hungry, there would be no injustice, every child would be in school.""

Leadership Principles

Integrity

Prioritizing honesty and ethical behavior in all business dealings.

Perseverance

Overcoming challenges and maintaining focus, as demonstrated by his court battle for a mobile license.

Giving Back

Commitment to philanthropy and supporting communities in which he does business.

Controversies & Challenges

2018

Sanctions Debate

Masiyiwa called for an end to Western sanctions against Zimbabwe, sparking debate.

2019

Human Rights Criticism

Criticized a Zimbabwean human rights activist.