Tanzania's richest man matches his specs with ties
Posted Saturday, August 20 2016 at 09:45
- Mohammed Dewji, 40, Tanzania’s richest man according to Forbes magazine is the CEO of the MeTL Group of Companies. He recently announced that he will be donating part of his wealth to charity.
Mohammed Dewji. He is a well-known Tanzanian entrepreneur and philanthropist who is also a respected figure in sporting circles and in politics after serving as Member of Parliament for Singida Urban constituency from 2005-2015.
In March 2015, Forbes magazine named him as the 31st richest person in Africa, with a net worth of an estimated $1.25 billion. Earlier in 2013, the magazine had also ranked him as the first Tanzanian dollar billionaire. Recently Dewji announced that he is donating a big chunk of his wealth to charity.
Dewji was born in 1975 in Singida, central Tanzania. He attended Arusha Primary School and the International School of Tanganyika for his secondary education.
In 1994, he obtained a diploma from Saddlebrook High School in Florida in the US, and was a contemporary of the now retired international tennis star Jennifer Capriati.
In 1998 he graduated from Georgetown University in Washington DC, with a Bachelor’s degree in International Business and Finance.
He currently runs the family business, Mohammed Enterprises Ltd (MeTL), started by his father Gulam Dewji. They own 75 per cent of MeTL Group and he also serves as its chief executive officer.
MeTL Group of companies boasts of being the second biggest employer after the government and the largest privately owned conglomerate in Tanzania. The company’s business interests includes textiles, manufacturing, agriculture, distribution and real estate.
What’s your off-duty passion?
Other than working out every day, I love playing golf. I also enjoy tranquil quality time in the outdoors.
What would you have been if you had not become a businessman?
I think I could have been doing social service in whatever small capacity to make the world a better place.
What signifies your personal style?
I would define my style as “sophisticated simplicity” or “sophistication made simple” if that makes sense. This is how I dress whether it is for a board meeting, a football game or Sunday at the beach with my children.
How do you manage your wardrobe?