21 August 1964 (1964-08-21) (age 59) Tabora Region, Tanzania
Political party
Chama Cha Mapinduzi
Children
4
Residence(s)
Dar-es-Salaam, Tanzania
Occupation
Businessman, Investor, Politician
Rostam Abdulrasul Azizi (born 21 August 1964) is a self-made Tanzanian billionaire, business magnate, economist and former politician. In 2013, according to Forbes Magazine he was the first Tanzanian dollar billionaire with a net worth of over 1 billion dollars, in 2023 he had amassed a net worth of 8.2 billion dollars. [1] and according to Henley & Partners Africa wealth report 2022, and was only dollar billionaire in East Africa.[2][3]
He represented the Igunga constituency in Tabora Region from 1994 until his resignation in 2011.[4] He was the ruling party Chama Cha Mapinduzi (CCM) National Treasurer from 2005 to 2007 and member of the Politburo/Central Committee of CCM from 2006 to 2011. Some of the key as an MP he pioneered community health insurance in East Africa and every household in his constituency was provided with health insurance from the Community Health Fund.[5] He also achieved access to water for every resident in his constituency and Igunga Constituency became the first district to have a dispensary in every village and electricity in every ward.
According to Forbes magazine[6] Rostam Aziz of Tanzania owns nearly 18% of Vodacom Tanzania, the country's largest mobile phone company, with 15 million subscribers.[7] Rostam, via Cavalry Holdings, previously owned 35% of the company, but, in May 2014 he sold 17.2% of Vodacom Tanzania to Vodacom Group of South Africa for an estimated $250 million.[8] In 2019 he sold his remaining stake in Vodacom Tanzania through his investment vehicle Mirambo Holdings for USD$ 220 million.[9]
He also owns MIC Tanzania Plc (TIGO Tanzania and Zantel Ltd),[10] Taifa Gas Group,[11] Caspian mining, a contract mining firm in Tanzania, and real estate in Dubai and Oman. Aziz got his start in his family's trading business and then branched out on his own.
^"50 RICHEST PEOPLE IN AFRICA #26Rostam Azizi". Forbes. Archived from the original on 18 November 2013. Retrieved 21 July 2015. Rostam Azizi, Tanzania's first billionaire.
^"Africa Wealth Report 2022". www.henleyglobal.com. Retrieved 7 July 2022.
^"Tanzania has the only dollar billionaire in East Africa: report". The East African. 29 April 2022. Retrieved 7 July 2022.
^Guardian, Reporter (13 July 2011). "Rostam Resigns As MP, NEC Member". IPP Media (Dar es Salaam). Retrieved 6 November 2014.
^Mande, Mike (17 July 2011). "Tanzania's opposition welcomes Rostam Aziz's quitting". The EastAfrican. Retrieved 21 July 2015.
^"Rostam Azizi". Forbes. Retrieved 31 May 2016.
^"Vodacom Group Wraps Up Stake Acquisition From Rostam Aziz". WealthX. 6 May 2014. Retrieved 17 July 2016.
^Nsehe, Mfonobong. "Tanzania's Richest Man Concludes Sale Of Vodacom Stake". Forbes. Retrieved 31 May 2016.
^Nsehe, Mfonobong. "Tanzanian Tycoon Rostam Aziz Sells Last Tranche Of Vodacom Shares For $220 Million". Forbes. Retrieved 7 July 2022.
^"AXIAN TELECOM AND ROSTAM AZIZI CONSORTIUM CLOSES ACQUISITION OF MILLICOM'S ENTIRE TELECOM OPERATIONS IN THE UNITED REPUBLIC OF TANZANIA". www.tigo.co.tz. Retrieved 7 July 2022.
^Nsehe, Mfonobong. "Tanzanian Tycoon Rostam Aziz Builds $65 Million LPG Plant In Kigamboni". Forbes. Retrieved 7 July 2022.
magazine RostamAziz of Tanzania owns nearly 18% of Vodacom Tanzania, the country's largest mobile phone company, with 15 million subscribers. Rostam, via...
representative of Caspian on the Vodacom Tanzania board was businessman RostamAziz, a close supporter of President Jakaya Kikwete. At the time Vodacom was...
back in Makran.one of the most famous Baluchi people in Tanzania is RostamAziz. In Uganda one Balochi called Jalalkhan finally settled at Kaberamaido...
published every Sunday and carried in Mwananchi Jumapili [1] [dead link] "RostamAziz of New Habari Corporation: The facts". Jamiiforums.com. Retrieved April...
Parliament for Igunga Incumbent Assumed office November 2011 Preceded by RostamAziz Majority 26,484 (50.45%) Personal details Born (1957-08-04) 4 August...
includes the 239 directly contested parliamentary constituencies. 2011: RostamAziz (CCM, Igunga) resigned on 13 July 2011 citing his exit from "gutter politics"...
Sultan bin Abdul Aziz Stadium, Abha Referee: Mahmoud El Banna (Egypt) 27 July 2023 (2023-07-27) 20:00 Prince Sultan bin Abdul Aziz Stadium, Abha Referee:...
Gholam Rostam (Persian: غلام رستم, also Romanized as Gholām Rostam; also known as Deh-e Gholām Rostam) is a village in Margan Rural District, in the Central...
From Polis Evo 3 Original Soundtrack". Spotify. Retrieved 20 May 2023. Rostam, Affan (26 January 2023). "Polis Evo 3 masuk pawagam Mei depan". Berita...
Security Guard 1 Prono as Security Guard 2 Azhar Sulaiman as Ticket Seller Rostam as Radio DJ Irma Hasmie as Newsreader The film was shot using Dolby TrueHD...
their athletic manner, honesty, righteous were brave warrior; and the hero Rostam was given the title of Jahan Pahlavan (Persian: جهان پهلوان), a title higher...
coalition. But it did become the first Zionist party to have an Israeli Arab, Rostam Bastuni, representing it in the Knesset. From Mapam's point of view, the...
Bey Baysongur Baysongur ibn Yaqub ? Son of Yaqub 1490–1491 1491 Bey RostamRostam ibn Maqsud ? Son of Maqsud 1491–1497 1497 Bey Ahmad Govde Ahmad Govde...
structures in Germany, Sweden, France, and Russia. The National Union of Yezidis Rostam Shamoyan, Surik Hajoyan, Ayser Isayan, the caring leader of the Yezidis...
such as the Firuzabad Castle, Rostam Castle and the Naseri Castle are located in the province. Naseri Castle, Iranshahr Rostam Castle, in Hamun County Bazman...
reinforcements. In 1593, Akbar received the exiled Safavid prince, Rostam Mirza. Rostam Mirza pledged allegiance to the Mughals; he was granted a rank (mansab)...