Rostam Azizi’s profile picture

Rostam Azizi

Rostam Azizi’s profile picture
Net worth 2018: $1 Billion
Industry: Diversified
Country: Tanzania
BirthDay: 21 August 1964
Sigh: Virgo
BIOGRAPHY

Rostam Azizi was bornon 21 August 1964 in Tanzania. Rostam Azizi of Tanzania owns nearly 18% of Vodacom Tanzania, the country's largest mobile phone company, with 10 million subscribers. In May 2014 he sold 17% of Vodacom Tanzania to Vodacom Group of South Africa for an estimated $250 million. He also owns Caspian mining, a contract mining firm in Tanzania, and real estate in Dubai and Oman. Azizi got his start in his family's trading business and then branched out on his own.

NET WORTH STATISTIC
2014

$1 Billion

2015

$1 Billion

2018

$1 Billion

TIMELINE
2014

Rostam, via Cavalry Holdings, previously owned 35% of the company, but, in May 2014 he sold 17

2013

According to Forbes magazine, he was reportedly the first Tanzanian dollar billionaire in 2013 with an estimated net worth of US$1 billion

2005

He was the ruling party Chama Cha Mapinduzi (CCM) National Treasurer from 2005-2007 and member of the Politburo/Central Committee of CCM from 2006 to 2011

1994

He represented the Igunga constituency in Tabora Region from 1994 until his resignation in 2011

1964

Rostam Abdulrasul Aziz (born 21 August 1964) is a Tanzanian politician, businessman/entrepreneur and economist

1850

They settled in Tanganika after transiting in Zanzibar, circa 1850

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