Rank #2004
Mohammed Dewji
Net worth $2.1B
Diversified · Tanzania
- Born
- May 08, 1975
- Age
- 51
- Source
- Diversified
- Residence
- Dar es Salaam
- Citizenship
- Tanzania
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Mohammed Dewji is the CEO of METL, a Tanzanian conglomerate founded by his father in the 1970s.
- METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa.
- In additional to Tanzania, METL operates in 10 African countries including Uganda, Ethiopia and Kenya.
- Dewji, Tanzania's only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.
- Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days.
- Dewji retired from Tanzania's parliament in early 2015 after completing two terms.
- Dewji, who is known as Mo (short for Mohammed), launched Mo Cola several years ago to compete with Coca Cola.