Youngest billionaire, Mohammed Dewji returns home safety

Youngest billionaire, Mohammed Dewji has now returned home safety after being kidnapped by masked gunmen in Tanzania’s main city Dar es Salaam.

Dewji who was abducted outside a swanky hotel gym where he was going for his routine morning workout has been released. A social media post from his page read;

“I have returned home safely’”

METL Group quoted him as saying on its Twitter feed, without providing more details about how he was freed or got away from his captors.

The company also quoted him thanking those who had worked for his release, including the police.

Financial magazine Forbes puts his wealth at $1.5bn (£980m), and has described him as Tanzania’s only billionaire.
In a 2017 report, it said Mr Dewji was Africa’s youngest billionaire.
He promised in 2016 to donate at least half his fortune to philanthropic causes, Forbes said.
Mr Dewji, locally known as Mo, is credited with turning his family business from a wholesale and retail enterprise into a multibillion pan-African conglomerate, reports the BBC’s Athuman Mtulya from Dar es Salaam.
His company, METL, has interests in textile manufacturing, flour milling, beverages and edible oils in at least six African states.

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

To Top