Knowing people, only Tanzanian billionaire, kidnapped two parliamentary terms at the gun, and was later released, with his net worth of rupee…

Did you know that Tanzania has only one billionaire? Is that person closely connected with India? Isn’t the bell ringing? Let’s tell you. The person we are talking about is Mohammed Gulamabbas Dewji, also known as Mo. At 49, he is considered one of Africa’s youngest billionaires and a generous philanthropist.

Personal life
Dewji was born on May 8, 1975 in Singida, Tanzania. He is the second of six children of a Muslim family whose ancestors moved from Gujarat, India in the late 1800s. Dewji holds a Bachelor of Science in Finance and International Business from Georgetown University in the United States. He and his wife Saira have three children. Dewji lives in the Tanzanian city of Dar es Salaam.

Business and work
Dewji is the president and CEO (CEO) of Metl Group, a conglomerate established by his grandmother and developed by his father in the 1970s. The company owns businesses in various sectors including textiles, agriculture, manufacturing, energy, oil, insurance, logistics, transactions, real estate and beverages. METL has had a huge impact on Tanzania’s economy, accounting for about 3.3% of the country’s GDP and employs more than 34,000 employees. The group’s main assets include 21st Century Textiles, Royal Soap and Detergents, Metl Agro, Star Oil Tanzania and East Coast Liquid Storage. The company operates in 11 African countries.

Politics and kidnapping incidents
Dewji is a two-time member of Congress, representing Singida Urban from 2005 to 2015. He retired politically in 2015 and focused on his business and philanthropy. In October 2018, during morning exercise, Dewji was kidnapped by armed gunmen. Ten days later, he was released without a ransom.

net worth
According to Forbes, Duji’s net worth is estimated at US$2.2 billion or nearly Rs 1.9 billion, making him the only billionaire in Tanzania and one of the richest people in Africa.