Zambia is among the largest producers of copper in Africa. The countries economy is among the poorest in Southern Africa with half the population living in poverty. Zambia is reported to have recorded nearly 7% average rate of GDP growth on an annual basis. The Zambian economy has been predicted to stay clear of adversity in growth. Despite the hustles that surround this country, Zambia still has popular men who are independent businessmen, making a lot of money.
The wealth base of this nation largely hinges on the business sector owing to the certainty that most of its citizens are greatly committed to their business dealings. Meanwhile, the industrious nature of the business-minded individuals. Zambia’s riches mostly come from the exportation of copper and other rich minerals. Associated with a privatized copper-mining industry which has consistently churned out copper for the country on a voluminous scale.
Richest Zambians hope to expand their wealth bases, most of them have erected established standard business firms for themselves. Likewise, the remarkable feats they have attained have clearly given them an edge in competing for reputable seats and positions in the country’s political sector.Who is The Richest Man In Zambia
Here Are The 10 Richest Men In Zambia 2019
1. Hakainde Hichilema
Hakainde Hichilema is Zambia’s richest man. Graduated from a UK university with an MBA in Economics. He’s a well doing political figure on a greater part, regarded as an active business partner whose business dealings have yielded massive returns. Biggest share holder in Zambeef, Zambia’s leading company dealing in production, processing, distribution and retailing of beef, chicken, pork, milk and dairy products. Other investments include Shoprite and P’n’Pay. Hichilema is considered an active personality within the political arena. And to emphasize his political presence, he is the face of the opposition party in the political arena leading Zambia’s strongest opposition party (UPND).
2. Noble Findlay
Mr. Noble Findlay is the founder and owner of Auto World. Zambia’s oldest auto company which has been buttressed with a total of 11 branches found throughout the country. Noble Findlay maintains his ground as the founding member of one of the largest Zambian automobile companies. His company continues thriving in the sale and distribution of motor products, boats, and automobiles, Mr. Noble is believed to have amassed the net worth of $310 million. Mr. Noble received collaborations from his family members in course of establishing his auto company –Auto World. As his
3. Robin Miller
Mrs. Robin Miller has come into limelight and regarded as one of Zambia’s leading business moguls. With regard to the desirable outcome of her entrepreneurial efforts, Particularly in real estate services, Mrs. Robin Miller is undoubtedly notable as a successful woman. Mrs. Robin Miller has developed an intense passion for wildlife. And she has appeared in the management sectors of numerous wildlife trusts.
4. Dr. Rajan Mahtani
Dr. Rajan Mahtani chairman of Finance Bank Limited, Dr. Rajan Mahtani has reinforced his business involvement with a massive business empire. P.H.D holder in commercial law and as a certified accountant and believed to have doubled up his business strategies with his learned capabilities.
5. Mark O’ Donnell
Mark O’Donnell is the fifth richest man in Zambia, a business tycoon with the great expertise of real estate management. Mark O’Donnell is greatly committed to the hotel industry and to demonstrate his great commitment, he has established himself as the owner of more than seven hotels. Other than that, Mark O’ Donnel is the renowned owner and manager of several malls.
As a shrewd business partner, Mark O’Donnel is believed to have grown into greatness through his proficient manner of making decisive plans and achieving his end. In his determined efforts to establish another luxurious hotel, Mr. Mark O’ Donnel is reported to have succeeded in collaborating with the company regarded as the biggest hotel group in Africa.
6. Carl Irwin net worth
Together with his family, Carl Irwin is regarded as the inspiring factor behind the establishment of a Zambian meat-producing company –Zambeef products. Believed to have grown into prominence from a very simple business starting point, which involved their ownership and management of a single slaughterhouse, Carl Irwin and his family have now taken their business to its very significant apex. With Zambeef products now regarded as a multi-national company, it is very significant to identify that it has appeared in the categories of companies for both Zambian Stock Exchange and London Stock Exchange.7. Geoffrey Mwamba
7. Geoffrey Bwalya Mwamba
Apart from his reputable political stance as a parliamentarian (precisely belonging to Zambia’s Kasawa district), it is noteworthy that Mr. Geoffrey Mwamba is a successful personality in the business arena. As a significant citizen who has rendered great service to his nation, Geoffrey is also identified as the former Minister for Defence.
8. Charles Milupi
Charles Milupi To substantiate the fact that many of Zambia’s business tycoons have stood their ground in the political arena, Charles Milupi marks another business expert who has doubled up his profession with political engagement. Through his judicious investment plans, he is believed to have gathered wealth for himself.
9. Andrew Sardanis
Andrew Sardanis With the influence of Chaminuka, his great asset, Andrew Sardanis has obviously succeeded in his blend of luxurious living with wildlife. Chaminuka –a tourist centre owned by Andrew Sardanis –is a village found in the heart of wildlife and it maintains its reputation across Africa with its possession of 50-year art heritage.
10. Satwant Singh
To emphasize how significant Zambia’s richest personalities seem in the business sector, Satwant Singh, an award-winning rally driver, has successfully added his business principle to sports and acquired much money for himself. With his net worth hovering around 198 million, Singh has been honoured by the sports association for his proficiency as a sportsman.