Are these really Zimbabwe’s richest men?

Michael Fowler is a Zimbabwean entrepreneur who co-founded the Innscor Africa Limited with Zed Koudonaris in 1997. They are majority shareholders in other ZSE listed companies such as Padenga, Colcom, Axia Holdings, Simbisa Brands and National Foods. He has a net worth of $645 000 000.

9. Ian Saunders

Spotting a huge net worth of $590 000 000, Ian Saunders has held many technical and managerial roles in South Africa and Zimbabwe and has more than 20 years’ experience in the mining industry.  He has since gone on to hold a seat on five corporate boards, most notably at New Dawn Mining Corp where he is also President and CEO (since 2006 and 2008, respectively). He founded ZSE listed Falcon Gold which owns Dalny mine, Venice Mine and Golden Quarry.

10. Charles Davy

Closing our list today is millionaire Charles Davy. Charles Davy owns some 1 300 square miles of land in the Lemco Safari Area or about 0.09 per cent of all agricultural land in Zimbabwe. Ніѕ hunting buѕіnеѕѕ made hіm the wеаlthу mаn bу thе lаtе 1990ѕ. Ніѕ buѕіnеѕѕ рrоvіdе еmрlоуmеnt to аrоund 600 blасk fаmіlіеѕ. He makes a lot of money by running hunting safaris which, in 2005, were reported to typically cost £660 (about $802 today) per day to shoot lions, elephants, leopards and buffalo on 24-day expeditions.

ED: From what you know are these really Zimbabwe’s richest men? If not, who are? And why do you say so?

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