Who is the richest President in Zambia and who is the richest man in Zambia? This article shares information related about wealth and net worth to help you know about who is the richest man in Zambia 2022. The list consists of the most prominent names in the country and leading politicians who have made genuine wealth.
10. Andrew Sardanis
Sardanis is a former journalist who played a key role in Zambia’s fight for independence in the 1960s. Sadly, he passed away in February 2021 but still makes the cut in the 2022 top 10 richest men in Zambia posthumously.
He founded the Meridien BIAO Bank in the early 1980s, 1984 to be exact, and through various mergers, he expanded his fortune in the banking sector.
Sardanis’ estate is estimated at $50 million.
9. Satwant Singh
Satwant Singh is a businessman mogul and entrepreneurship success story. He made his fortune from his successes at the African Rally Championship, a competition in which he emerged victorious on eight occasions between 1988 and 2000.
Singh expanded his fortune through his career in motorsport and business opportunities that came with his success in motor rally.
Singh’s net worth is in the region of $90 million.
8. Charles Milupi
Charles Milupi is a serious businessman as well as a popular politician and is currently the minister of Infrastructure, Housing, Urban and Development in the United Party for National Development Alliance led government. He has a net worth of about $210 million, making him the eighth richest man in Zambia for the year 2022.
He has shares in companies such as Copperbelt Energy Corporation Plc and Chilanga Cement (formerly Lafarge Cement).
7. Geoffrey Bwalya Mwamba
Popularly known as GBM, is equally a successful business tycoon who owns milling and transportation companies. He, just like Milupi, is also a politician who served as a Member of Parliament for Kasama Central for 7 years between 2009 and 2016. He is one of the richest men in Zambia currently with a net worth estimated to be in the region of $218 million.
Occupying the sixth position in the 2022 top 10 richest men in Zambia is Hanson Sindowe who was the chairperson of Copperbelt Energy Corporation Plc. He also Co-founded Zambian Energy Corporation and was its director. Sindowe, in the year 2006, purchased the Copperbelt Energy Corporation (CEC) for a whopping $120 million. Sadly, he passed away in April 2021, making him the second person after Sardanis to appear on the top 10 list of the 2022 richest men in Zambia posthumously. His net worth is estimated to be $248 million.
5. Robin Miller
He is Managing Director (MD) at a company by the name of Real Estate Investments Zambia. Further, he holds the same title at Farmers House as well as being a board member at the Zambia Wildlife Authority and was once the chairman and founder of the Zambia Tourism Council.
Miller amassed huge sums of money via investments as well as salaries from several positions he held over time and his 2022 net worth is pegged at $301 million.
4. Rajan Mahtani
Is one of the richest men in Zambia and a successful business mogul as well. He was once the chairman and founder of Finance Bank Zambia which has now rebranded to Atlas Mara.
He is a certified accountant in the field of Finance and Law. His net worth is estimated to be in the region of $304 million.
3. Carl Irwin
Carl Irwin co-founded Zambeef and was one of the Chief Executive Officers of Zambeef for over two decades. Zambeef is one of the richest and most successful companies in Zambia with not less than 195 branches in Africa and employing well over 7,000 employees.
In 2018, at the age of 52, Carl Irwin retired from Zambeef as one of the wealthiest Zambian men with a net worth of $306 million.
2. Noble Findlay
Occupying the second position in the top 10 rich list is Noble Findlay who is the founding member of Auto World, a company that began in 1992 and has now grown enormously with 11 outlets countrywide with well over 250 employees.
In 2016, Findlay was the richest man in Zambia before being usurped from the position by the current holder.
For example, Auto World offers a number of services including servicing vehicles and selling products such as car radio systems, security systems, and other things. Auto World is one of the richest companies in Zambia.
His next worth is $$310 million.
1. Hakainde Hichilema
Finally, sitting comfortably at the top of the pile and Richest man in Zambia 2022 president Hakainde Hichilema, president of Zambia and one of the most prominent business men in the country. He is popularly known as HH the leader of the United Party for National Development (UPND) which is Zambia’s biggest political party and rullling the country since the year 2021 when he won elections with a land slide margin of over 500,000 votes. His line of business includes cattle ranching. Undeniably, he is the second-largest rancher of cattle in all of Zambia.
Richest man in Zambia 2022
[Answer] President Hakainde Hichilema, popularly called HH has an estimated net worth of over $1.5 billion dollars. He is the richest man in Zambia and leading on the list for top 10 richest Zambian men in the country according to Forbes.
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