Top 10 Richest People In Tanzania In 2025 And Their Net Worth In Dollars

Tanzania, a beautiful East African country known for its stunning landscapes, rich natural resources, and expanding economy, has produced some of the continent’s most successful entrepreneurs. Through visionary leadership, hard work, and strategic investments, several Tanzanians have built significant wealth. If you’ve been wondering: Who are the richest people in Tanzania in 2025? What is their net worth in U.S. dollars? How did they accumulate their fortunes? Which industries do they dominate? How do they manage their wealth? What challenges do they face? And what is the future outlook for their riches? You’ve come to the right place!

This article delves into the top 10 richest Tanzanians in 2025 and their net worth, providing clear answers and insights.

Here, we explore the lives, businesses, and financial journeys of Tanzania’s wealthiest people in 2025. By the end, you’ll understand how these individuals rose to the top and what distinguishes them in the Tanzanian and African business landscapes.

Who Are the Top 10 Richest People in Tanzania in 2025?

The top 10 richest people in Tanzania in 2025 are more than just wealthy individuals—they are key contributors to economic development and job creation in the country. Their success stories show how determination, innovation, and smart investment decisions can lead to extraordinary achievements.

Understanding their net worth and business strategies offers important lessons for entrepreneurs and sheds light on the industries fueling Tanzania’s wealth growth. Let’s meet these outstanding figures and learn how they built their empires.

Profiles of the Top 10 Richest People in Tanzania in 2025

1. Mohammed Dewji – Net Worth: $1.5–$1.7 Billion

Who is Mohammed Dewji?
Often called the richest man in Tanzania, Dewji is the CEO of MeTL Group, a diversified conglomerate.

How did he make his money?
His wealth comes from manufacturing, agriculture, trading, and financial services.

Financial Journey
Starting from a family business, Dewji expanded MeTL into one of East Africa’s largest companies, earning a net worth between $1.5 and $1.7 billion.

Fun Fact
He is also known for his philanthropy and was once named Forbes Africa Businessman of the Year.

2. Said Salim Bakhresa – Net Worth: $1.2–$1.4 Billion

Who is Said Salim Bakhresa?
Founder of Bakhresa Group, a major player in food and beverage manufacturing.

How did he make his money?
His group produces flour, beverages, packaging, and operates logistics companies.

Financial Journey
Bakhresa’s relentless expansion across East Africa and beyond secured his billionaire status.

Fun Fact
He is also active in philanthropy, especially education and health.

3. Reginald Mengi – Net Worth: $900 Million–$1.1 Billion

Who is Reginald Mengi?
Chairman of IPP Group, with interests in media, mining, and manufacturing.

How did he make his money?
Mengi built his fortune through media companies like ITV and mining ventures.

Financial Journey
From humble beginnings, he became one of Tanzania’s most respected business leaders.

Fun Fact
He is a passionate advocate for press freedom.

4. Issa Shivji – Net Worth: $850 Million

Who is Issa Shivji?
An influential lawyer and academic with business interests in real estate and consultancy.

How did he make his money?
Investments in property development and legal consulting services.

Financial Journey
His career combined academia with strategic investments, growing wealth steadily.

Fun Fact
He is known for his writings on law and social justice in Tanzania.

5. Al Noor Kassum – Net Worth: $750 Million

Who is Al Noor Kassum?
A prominent businessman with diverse investments including banking, tourism, and real estate.

How did he make his money?
His portfolio spans hotels, banks, and commercial properties.

Financial Journey
Kassum’s focus on service industries helped him amass significant wealth.

Fun Fact
He is also known for supporting cultural and educational initiatives.

6. Salim Ahmed Salim – Net Worth: $700 Million

Who is Salim Ahmed Salim?
Former diplomat and politician with business interests in consultancy and education.

How did he make his money?
Through consultancy firms and education ventures, both domestic and international.

Financial Journey
His diplomatic career opened doors for business opportunities.

Fun Fact
He served as Tanzania’s Prime Minister and later in international organizations.

7. Hamza Datoo – Net Worth: $650 Million

Who is Hamza Datoo?
Industrialist focused on manufacturing and real estate.

How did he make his money?
Owns several factories producing consumer goods and property developments.

Financial Journey
By capitalizing on local demand, Datoo built a solid manufacturing empire.

Fun Fact
He supports youth entrepreneurship programs.

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8. Fatma Karume – Net Worth: $600 Million

Who is Fatma Karume?
Leading female entrepreneur in agribusiness and retail.

How did she make her money?
Her company processes agricultural products and runs retail chains.

Financial Journey
She expanded her family business into one of Tanzania’s largest agribusinesses.

Fun Fact
Karume is a vocal advocate for women’s economic empowerment.

9. Aziz Walji – Net Worth: $550 Million

Who is Aziz Walji?
Owner of a logistics and transportation conglomerate.

How did he make his money?
His companies provide freight and supply chain services across East Africa.

Financial Journey
Walji capitalized on Tanzania’s growing trade sector to build wealth.

Fun Fact
He is active in philanthropic causes, especially health.

10. Joseph Mbilinyi – Net Worth: $500 Million

Who is Joseph Mbilinyi?
Politician and businessman with interests in media and agriculture.

How did he make his money?
Investments in agricultural exports and radio broadcasting.

Financial Journey
Combining politics with business, Mbilinyi grew a diverse portfolio.

Fun Fact
Known as “Sugu,” he is also a popular musician and activist.

How Do the Richest People in Tanzania Make Their Money?

The wealthiest Tanzanians primarily earn through:

• Manufacturing and trading

• Agriculture and agro-processing

• Media and telecommunications

• Real estate and construction

• Financial services and banking

• Logistics and transportation

These sectors drive Tanzania’s growth and wealth creation.

Challenges Faced by Tanzania’s Richest in 2025

• Regulatory environment

• Infrastructure limitations

• Market competition

• Global economic uncertainties

Flexibility and innovation remain critical to success.

How Do Tanzania’s Richest Spend Their Wealth?

• Luxurious lifestyles and property investments

• Philanthropic projects in health, education, and social welfare

• Reinvestment into business expansion

• Supporting youth empowerment and entrepreneurship

Lessons from Tanzania’s Top 10 Richest People in 2025

• Focus on diversification

• Embrace innovation and technology

• Build strong networks and partnerships

• Give back to society

• Stay resilient and adaptable