Strive Masiyiwa renting a US$40 000 a month apartment in New York


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Zimbabwe’s richest man, Strive Masiyiwa is renting a US$40 000 five-bedroomed apartment in New York according to the New York Post. The apartment which has 7½ bathrooms is on the 12th floor of Harry Macklowe’s at 737 Park Ave. The Post says the apartment was originally going for US$49 500 a month and features a windowed chef’s kitchen, a master suite with a windowed dressing area and two spa bathrooms. Masiyiwa owns Econet, Zimbabwe’s biggest mobile phone operate. Econet Wireless operates in 17 countries, has 6 000 employees and generates US$3 billion a year. Masiyiwa’s fortune is estimated at US$600 million. According to the World Bank, Zimbabwe’s gross national income per capita is $820. The average government workers earns about $375 a month. Zimbabwe uses the United States dollar as its main currency.
*See also: My brief encounter with Zimbabwe’s richest man. Zimbabweans can now buy books from Amazon using their mastercards.

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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