Rostam Azizi
Diversified

Rostam Azizi Net Worth

Rostam Azizi, born on August 21, 1964 in Tanzania, is a successful businessman who owns 18% of Vodacom Tanzania, the country's largest mobile phone company, as well as Caspian mining and real estate in Dubai and Oman. He began his career in his family's trading business and then ventured out on his own. In May 2014, he sold 17% of Vodacom Tanzania to Vodacom Group of South Africa for an estimated $250 million.
Rostam Azizi is a member of Diversified

Age, Biography and Wiki

Birth Day August 21, 1964
Birth Place Tanzania
Age 59 YEARS OLD
Birth Sign Virgo
Succeeded by Dalaly Kafumu
Political party Chama Cha Mapinduzi CCM
Residence Dar-es-Salaam, Tanzania
Occupation Businessman
Net worth $1 billion (July 2015)
Ethnicity Persian

💰 Net worth: $900 Million (2024)

Rostam Azizi, also known as Diversified in Tanzania, is a highly successful entrepreneur and business tycoon whose net worth is estimated to reach an impressive $900 million by 2024. With his exceptional business acumen and strategic investments in various industries, Rostam Azizi has amassed a substantial fortune. His diversified portfolio includes interests in sectors such as banking, telecommunications, manufacturing, and real estate. Through his astute decision-making and visionary leadership, Azizi has built an empire that has not only enhanced his wealth but also contributed significantly to the economic development of Tanzania.

2014 $1 Billion
2015 $1 Billion
2018 $1 Billion

Biography/Timeline

1994

He represented the Igunga constituency in Tabora Region from 1994 until his resignation in 2011. He was the ruling party Chama Cha Mapinduzi (CCM) National Treasurer from 2005-2007 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.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.

2014

According to Forbes magazine Rostam Aziz of Tanzania owns nearly 18% of Vodacom Tanzania, the country's largest mobile phone company, with 15 million subscribers. 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.

2019

The Aziz’s are a fifth generation Tanzanian family of Iranian ancestry. They settled in Tanganika after transiting in Zanzibar, circa 1850. The family initially began farming sisal, rice and sugar cane.

Some Rostam Azizi images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.