Malawi is known for its diverse cultures and economies, with a significant portion of the population engaged in agriculture and Trade activities. However, economic data and the wealth of individuals in Malawi may not be as extensively documented as in some other countries.
1. Thom Mpinganjira
2. Simbi Phiri
3. Shepherd Bushiri
4. Jimmy Korea Mpatsa
5. Aniz Suleman
6. gospel kazako
7. Rashy Gaffer
8. Leston Muli
9. Mrs Aisha Ephraim
10. napoleon dzombe:
Thom Mpinganjira is a Malawian businessman and the founder of FDH Financial Holdings Limited, a leading financial services provider in Malawi. He has an estimated net worth of $250 million. He is also the Group CEO of FDH Financial Holdings Limited and owns a significant stake in FDH Bank Plc, one of the commercial banks licensed by the Reserve Bank of Malawi.
Mpinganjira has been involved in various business ventures and has made significant contributions to the financial landscape of Malawi. However, he has also faced controversy, including a conviction and nine-year prison sentence for attempting to bribe judges in a 2019 election case.
Simbi Phiri, a Malawian businessman and philanthropist based in South Africa, is the founder and CEO of Khato Civils Ltd, a prominent construction company operating in Malawi, South Africa, and Botswana. Born in Lilongwe, Malawi, Phiri's career began at LTE Holdings in South Africa, where he advanced to partner before taking over a small firm established by Italian immigrants and transforming it into Khato Civils.
The company's notable achievements include securing a contract to pump water from Lake Malawi to Lilongwe. Phiri's innovative business strategy of training black workers and purchasing construction equipment rather than renting contributed significantly to the company's growth.
Beyond his business endeavors, Phiri is also known for his philanthropic efforts, donating 700 million Malawian Kwacha to the Malawi Congress Party in 2019 and supporting various political parties, including the ruling Democratic Progressive Party in 2017. However, his career has not been without controversy; in 2017, he was investigated by Botswana police for allegedly crossing the Tlokweng border with over $886,000 in cash. In a more personal highlight, Phiri celebrated his wife's 50th birthday in 2021 by hiring renowned performers Koffi Olomide and Makhadzi.
Shepherd Bushiri is a self-proclaimed prophet and leader of the Enlightened Christian Gathering (ECG) church, which has a significant following across Africa and beyond. He is known for his lavish lifestyle, which includes owning private jets, luxury cars, and various properties. His estimated fortune is around $130 million.
Bushiri's rise to wealth and prominence began in his hometown of Mzuzu, Malawi, where he founded the ECG church in 2010. He claims to have had a spiritual encounter at the age of 10 that led him to devote his life to serving God. Over time, his church grew rapidly, and he expanded his operations to South Africa, where he now has over one million followers.
Bushiri's wealth is largely attributed to his entrepreneurial pursuits, which include investments in mining, real estate, and an airline, among other ventures. He has also built a business empire through his company, Shepherd Bushiri Investments. Despite facing various criminal allegations, including fraud and money laundering, Bushiri maintains that his success is from his private businesses and not from his ministry.
Jimmy Korea Mpatsa is a renowned billionaire businessperson from Malawi. he has various business interests, including companies registered with Companies House in the UK. Korea mpatsa has an estimated net worth of $116 Million.
Mr Aniz Suleman owns Conforzi Plantation which is an agriculture business that grows various cash crops and has an estimated net worth of $95 Million in 2021 Mr Aniz Suleman and his family were reportedly getting threats from gangsters wanting to abduct him and their children.
Gospel Kazako is a Malawian entrepreneur who in 2005 founded the Zodiak Broadcasting Station, the most popular radio station in Malawi. He is also known as a poet. In July 2020 Gospel Kazako was appointed as Minister of Information and Government spokesperson by the newly elected Malawian President Lazarus Chakwera.
Rashy Gaffar is a Malawian politician and businessman with an estimated networth of $70 Million. He is the former Minister of Energy and currently the Minister of Mining. Rashy Gaffar is also known for his involvement in shady transactions, including a bus deal with former President Peter Mutharika. Additionally, he has been accused of being involved in illegal activities, such as defrauding the state and exploiting local fuel transporters through his company, International Haulage Brokers (IHB)
Leston Muli is a prominent Malawian businessman and entrepreneur. He is the managing director of Muli Brothers Limited (MBL), a major conglomerate in Malawi with interests in various sectors including agriculture, manufacturing, and real estate.
Muli is known for his business acumen and has been recognized internationally for his achievements. He has been invited to attend the Afreximbank Intra-Africa Trade Fair in Cairo, Egypt in 2023, which is a prestigious event for African business leaders.
Mrs. Aisha Ephraim- has an estimated networth of more than$50 Million She owns (Aisha Group of Companies. Construction Company with more than 167 flats in Malawi, Zambia, Botswana, and Kenya.
Napoleon Dzombe is a Malawian businessman and philanthropist. He is the founder of Blessing Hospital and has made significant contributions to the development of his community through various initiatives.
Comments