Richest People in Zambia: Top 10 Wealthiest Individuals
Richest People in Zambia: Top 10 Wealthiest Individuals

Richest People in Zambia: Top 10 Wealthiest Individuals

Richest People in Zambia: Top 10 Wealthiest Individuals

Zambia boasts a cohort of high-net-worth individuals with diverse income streams, both locally and internationally. Here’s a glimpse into the top 10 richest people in Zambia, along with their estimated net worth:

  1. Hakainde Hichilema – $397 million
    • The seventh president of Zambia.
    • Former CEO of Coopers and Lybrand Zambia and Grant Thornton Zambia.
    • Notable for being Zambia’s second-largest cattle rancher.

  1. Noble Findlay – $311 million
    • Successful Zambian businessman and philanthropist.
    • Founder of Auto World, one of Zambia’s largest motor shops.

  1. Carl Irwin – $310 million
    • Co-founder of Zambeef, Zambia’s largest beef producer.
    • Zambeef provides various products such as milk, chicken, and eggs.

  1. Dr. Rajan Mahtani – $306 million
    • Chairman of Finance Bank Limited.
    • Holds a PhD in commercial law and is a certified accountant.

  1. Robin Miller – $300 million
    • Managing director of Real Estate Investments Zambia (REIZ).
    • Active member of various boards, including City Investments Ltd.

  1. Geoffrey Mwamba – $230 million
    • Zambian businessman and politician.
    • Served as the Member of Parliament for Kasama Central and Minister of Defence.

  1. Charles Milupi – $211 million
    • Zambian businessman and politician.
    • Minister of Infrastructure, Housing, and Urban Development of Zambia.

  1. Satwant Singh – $95 million
    • Renowned Zambian businessman and 8-time winner of the African Rally Championship.
    • Decorated figure in Central and Southern Africa’s motorsport.

  1. Andrew Sardanis – $60 million
    • Zambian journalist and businessman (Deceased).
    • Played a significant role in the formation of Zambia’s first administration.
  2. Net worth of about $248 million at the time of his death.
  3. Director of Energy Corporation and executive chairman of Copperbelt Energy Corporation (CEC).

It’s important to note that Forbes has not officially released data on the richest people in Zambia. The estimates provided are based on available information and may not be entirely accurate. The wealth of individuals can be subject to change due to various factors, including economic conditions and business ventures.