Top 10 Richest People In Zambia

Zambia is one of the African countries that has seen economic growth over the past 20 years. Zambia has a GDP of $26 Billion and numerous multi millionaires. In this post we are going to discuss the top 10 richest people in Zambia 2022

10) Andrew Sardanis

Andrew Sardanis was a former journalist and played a major role in Zambia’s independence and died in February 2021 as one of the richest Zambians.

 

He formed Meridien BIAO Bank in 1984 and through mergers grew his fortune in the banking industry.

 

What Is Net Worth of Andrew Sardanis?

The fortune of Andrew Sardanis is estimated to be worth $50 million.

 

9) Satwant Singh

Satwant Singh is a successful businessman and entrepreneur. Hes is best known for his success in the African Rally Championship having won it 8 times between 1988 and 2000.

 

Singh grew his fortune  to 9 figures through his motorsport career and business opportunities that had arisen from his success in rallying.

 

What Is Net Worth of Satwant Singh?

The net worth of Satwant Singh is estimated to be $90 million.

 

8) Charles Milupi

Charles Milupi is a business tycoon and popular politician. His net worth is estimated to be $210 million.

Assets of Charles Milupi’s consists of shares of large Zambian corporations including Copperbelt Energy Corporation Plc, Tiiseza Zambia Ltd and Lafarge cement.

 

What Is Net Worth of Charles Milupi?

The net worth of Charles Milupi is $210 million.

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7) Geoffrey Bwalya Mwamba

Like Charles Milupi, Geoffrey Mwamba is a successful business person turned politician. He is one of the richest people in Zambia 2022. Mwamba served as Member of Parliament for Kasama Central from 2009 to 2016.

 

Geoffrey Bwalya Mwamba amassed his wealth through his business successes and his political salary.

 

What Is Net Worth of Geoffrey Mwamba?

It is believed that the net worth of Geoffrey Bwalya Mwamba is $218 million in 2022.

 

6) Hanson Sindowe

Hanson was the chairperson of Copperbelt Energy Corporation Plc and also the Co-founder and director of the Zambian Energy Corporation. Sindowe bought Copperbelt Energy Corporation (CEC,) in 2006 for $120 million.

Mr. Hanson Sindowe died on 4 April 2021 in Lusaka.

 

What was Hanson Sindowe Net Worth?

Hanson Sindowe’s net worth is estimated to be $248 million USD in 2022.

 

5) Robin Miller

Robin Miller is Managing Director at Real Estate Investments, Zambia and Managing Director of the Farmers House. Miller has also been a part of the Board of Zambian Wildlife Authority, member of Republic of Zambia, Chairperson of Post Newspaper and was the founder Chairman of Tourism Council of Zambia.

Robin Miller’s net worth was built through investments and remuneration from various positions of authority held.

 

What Is Robin Miller’s Net Worth?

The net worth of Robin Miller is $301 million in 2022.

 

 

 

4) Dr Rajan Mahtani

Rajan Mahtani is a Zambia based business tycoon and one of the wealthiest Zambians today. He is the Chairperson of “Finance Bank Zambia Ltd”.

Dr Mahtani is a certified Accountant having pursued his career in the field of Finance and Law. He also holds a PhD in Commercial Law which he did from London institute of Business Studies.

His wealth accumulated from his business dealings over the years which has made him one of the richest people in Zambia.

 

What Is Dr Rajan Mahtani Net Worth?

The net worth of Dr Rajan Mahtani is circa $304 million in 2022.

 

3) Carl Irwin

Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people.

In 2018, Carl Irwin retired from the company aged 52. Irwin remains one of the richest people in Zambia in 2022.

 

What Is Net Worth?

The Net worth of Carl Irwin is believed to be in the region of $306 million in 2022.

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2) Noble Findlay

Noble Findlay was the richest man in Zambia in 2016 but has remained as one of the 5 richest people in Zambia 2022. Findlay is the founding members of Autoworld.

Autoworld opened its first branch in 1992 and now has 11 branches across Zambia. Autoword employs over 250 people across Zambia making the company one of the biggest employers in the country.

The company offer motor vehicle servicing, car audio system and electronic security installations. Autoworld is also a marine specialist,where you can buy a range of marine boats, engines, equipment and marine spare parts. Consumers can also buy lifestyle products, alongside tools and equipment from Autoworld Zambia.

As a leading company for automobile and marine parts, the company is one of the wealthiest in Zambia.

 

What Is Noble Findlay’s Net Worth?

Noble Findlay’s Net Worth is $310 million in 2022.

 

1) Hakainde Hichilema

Hakainde Hichilema is the richest man in Zambia. Best known as HH, Hakainde Hichilema is the President of Zambia, a Zambian businessman and the president of the United Party for National Development. 

 

As the richest person in Zambia, he has been accused of being a Freemason.

Hakainde Hichilema is the second largest cattle rancher in Zambia. Referred to as “cattle boy” HH won the Zambian presidential election by getting more votes than Edgar Lungu.

HH has been subject of much controversy having been arrested and jailed in 2017.

 

What Is Hakainde Hichilema’s Net Worth?

As the richest man in Zambia, Hakainde Hichilema net worth is $389 million in 2022.

 

That is the list of richest Zambian from the Forbes list, if you are looking to make money yourself and one day get on this list, view our guide to making money.

 

You must also read our guide to profitable business ideas in Zambia.

 

Read also the richest musicians in Zambia.