What is Rostam Azizi's Net Worth?
Rostam Azizi is a Tanzanian politician, businessman, and entrepreneur who has a net worth of $1 billion. Rostam Azizi was born in Tanzania in August 1960. Azizi was elected as a member of the Tanzanian parliament in 1993 on behalf of the Igunga constituency. In 2011 he resigned for Parliament and the National Executive Committee of ruling party Chama Cha Mapinduzi. Azizi is reported to be the wealthiest person in Tanzania.
He is part of the Aziz family which is one of the wealthiest in East Africa. Rostam sold a 17.2% stake in Tanzania's largest mobile phone operator Vodacom Tanzania for $250 million and still owns 17.8% of the company. He is also involved with the largest mining firm in Tanzania Caspian Mining and owns residential and commercial real estate. Azizi is the first billionaire in Tanzania.