Botswana has been named by Times as one of the fastest-growing economies in the world. The country in the last decade has witnessed astronomical advancement in industrialization, and the growth of their development.
The following men on this list have contributed largely to the growth of Botswana. They are the richest men in Botswana.
Abdul Satar Dada
Abdul Satar Dada is the founder and Chief Executive Officer of the Associated Investment Development Corporation, a multi-faceted firm that focuses on vehicle dealerships, printing and publishing, steel manufacturing, and telecommunications. Abdul Satar Dada has an estimated net worth of $50 million.
Gulaam Husain Abdoola
Gulaam Husain Abdoola is the founder of Turnstar Holdings. Turnstar Holdings is a $160 million diversified Africa property firm with interests in commercial, as well as private constructions, telecommunications, and with vast investment in Oil. Gulaam Husain Abdoola has only 15.7% shareholding in Turnstar Holdings earning him $12 million.
Chandrakanth D. Chauhan
Chandrakanth Chauhan is the largest shareholder of Sefalana Group. The Sefalana group worth $300 million is a retail chain focused on the distribution of fast-moving consumer goods. Chandrakanth Chauhan has an estimated net worth of $12 million.
Ramachandran Ottapathu
52-year-old Ramachandran Ottapathu is the Chief Executive Officer of Choppies. Choppies founded in 1986 remains Botswana’s largest retailer. Choppies has more than 170 stores scattered all over Africa. With his 19.5 % stake in Choppies, Ramachandran Ottapathu has an estimated net worth of more than $60 million dollar
Farouk Essop Ismail
Farouk Essop Ismail is Co-founder and Co-chairperson of Choppies. Farouk Ismail has an estimated net worth of more than $35 million.