Hakainde Hichilema Net Worth 2024, Biography, Wiki, Cars, House, Companies, Age, Weight, and Career Details


Photo Credit: Hakainde Hichilema Facebook

Real Name/Full NameHakainde Hichilema
Nick Name/Celebrated Name:Hakainde Hichillema (HH or Bally)
Birth Place:Monze, Northern Rhodesia (today Zambia)
Date Of Birth/Birthday:4 June 1962
Age/How Old: 62 years old
Height/How Tall:In Centimetres – 178 cm
In Feet and Inches – 5′ 8″
Weight:In Kilograms – 85 Kg
In Pounds – 187 lbs
Eye Color:Unknown
Hair Color:Black
Parents Name:Father – Unknown
Mother – Elizabeth Mulomba
Siblings:Unknown
School:Kaloma Secondary School
College:University of Zambia & University Of Birmingham
Religion:Christian
Nationality:Zambian
Zodiac Sign:Gemini
Gender:Male
Sexual Orientation:Straight
Marital Status:Married
Girlfriend:N/A
Wife/Spouse Name:Mutinta Hichilema
Kids/Children Name:Habwela, Miyanda, and Chikonka
Profession:Businessman and politician (Zambian President)
Net Worth:$1 billion
Last Updated:October 2024

Hakainde Hichilema is a renowned Zambian businessman and politician. He is the Republican President of Zambia after winning the 2021 election on 16 August 2021. HH, as popularly known, is the 7th President of Zambia serving from 24 August 2021.

President Hichilema also is and has been the president of the United Party for National Development (UPND), which has been the opposition political party since 2006.

He was sometimes referred to as a perennial president as he has contested for the presidency five times, in 2006, 2008, 2011, 2015, and 2016, but has lost all. Finally, he won his contest in 2021 making his dreams come true. Let have a close look at the biography, personal life, early life, and net worth of HH in 2024.

Biography and Early Life

Hakainde Hichilema was born on 4 June 1962 in Monze, Northern Rhodesia, which is present-day Zambia. He has not shared a lot of information concerning his early life and his family at large. Neither the name of his father and his siblings are available in the media. He has tried as much as possible to keep them away from the limelight.

President HH’s mother is known as Elizabeth Mulomba. Hichilema’s mother pointed out that she was proud of the achievement of his son becoming the President of Zambia. She spoke in the residence of President Hichilema before his departure to the National Heroes Stadium for his Inauguration Ceremony.

Education

President HH studied at Kaloma primary school but has not disclosed the name of the high school he attended. Hichilema was sponsored to join the University of Zambia through a full government bursary. He graduated with a Bachelor’s Degree in Economics and Business Administration in 1986. Thereafter, he pursued an MBA in Finance and Business Strategy in the United Kingdom at the University Of Birmingham.

He started his career as a businessman after graduating, where he served as the chief executive officer of Coopers and Lybrand Zambia from 1944 to 1998. He then served as the CEO of Grant Thornton from 1998 to 2006, when he started his political career.

Personal Life: Wife, Wives, Kids, Children, etc.

Hichilema is a family man with a wife and children. His wife’s name is Mutinta Hichilema, and the couple is blessed with three children. The names to his 3 children are: Habwela Hichilema, Miyanda Hichilema, and Chikonka Hichilema.

He is a Christian and a committed follower of the Seventh-day Adventist (SDA) Church. He is a Zambian multi-millionaire and the second-largest cattle rancher in his country.

Hakainde Arrest, Treason Charge and Release

Hichilema was arrested on the night of 11 April 2017 when police stormed in his home and even damaged some of his properties. The police were ordered by Lungu’s government. He was charged with treason as he was accused of endangering the president’s life after his motorcade refused to give way. This case was, however, taken as minor traffic and not treason. His arrest was condemned by The United States, The European Union, and the European Parliament.

Even the Catholic Bishops condemned the former president Lungu for detaining Hichilema and accusing him of treason charges. They called Edgar Lungu a coward. HH spent four months in jail, during which several prominent leaders were denied visiting him in prison including his wife, Mutinta Hichilema. He was held for eight days without food, water, light, or visitation, being tortured, and president Lungu was accused of having tried to kill him.

He was released from prison on 16 August 2017, and there was a celebration throughout Zambia from his supporters. Zambian authorities were congratulated by former UN Secretary-General Kofi Annan for dropping the treason charges against Hichilema. There was a thanksgiving ceremony at the Cathedral of Holy Cross to celebrate his release.

Read about Edgar Lungu Biography and Net Worth.

Professional Career

President Hichilema started his political career in 2006. He became a member of the opposition, UPND, which is a liberal political party. After Anderson Mazoka died in 2006, he took over as the party’s new president. He was also the leader of the United Democratic Alliance.

During the 2006 elections, he contested for the presidency as a candidate of UDA, against Levy Mwanawasa, the candidate for Movement for Multiparty Democracy, and also Michael Sata, the candidate for Patriotic Front. He was endorsed by former president Kenneth Kaunda. He took third place after the 28 September 2006 elections.

Again, he ran for the 2008 elections as the candidate for UPND following the death of the president of the party, Levy Mwanawasa. This time, he also placed third. In June 2009, the UPND party merged with Sata’s party, PF, in order to contest for the 2011 elections together. However, the merge of the two parties collapsed in March 2011 due to tribalism and mistrust from the two parties.

Again, he was the main candidate in the 2015 presidential elections against Edgar Lungu. He narrowly lost with 27,757 votes. He denounced the elections as a sham but urged his supporters to remain calm. Again, he faced Lungu for the August 2016 presidential elections, where he was also defeated.

Hakainde Hichilema Wins the 2021 Zambia Elections

Despite having lost 5 times he ran for the presidency, Hichilema never gave up on his dreams. In 2021, he won the presidency which was his 6th time to run for the position.

These elections were held on 12 August 2021. ECZ Chairperson Esau Chulu declared Mr. Hichilema as duly Zambia’s President in the early morning of 16th August 2021.

Hichilema has polled 2,810,757 Votes from the results of 155 constituencies short, of 1 constituency, as the consolidation of votes from the Mandevu constituency was not tallied.

President Hichilema was followed by his rival Edgar Chagwa Lungu of the Patriotic Front with 1,814,201 Votes.

HH Swearing Into Presidency

President HH got into office on 24 August 2021 in the presidential inauguration done from National Heroes Stadium. He was sworn into the office alongside his Vice President, Mrs. Mutale Nalumango.

In his inauguration speech, President Hichilema said his administration will give equal opportunity to all Zambians, and pledged to ensure all citizens enjoy their freedoms as guaranteed by the constitution.

Awards and Achievements

Hichilema is a recipient of the Africa Freedom Award presented to him by the Friedrich Naumann Foundation for Freedom. He received the award during an event which was held in Johannesburg, South Africa, on 27 October 2017.

One of his greatest achievements came on 16 August 2021 after he won the Zambia Presidential Elections. This was a long way of persistence and great torture from PF government. Before winning the 2021 elections, President Hakainde Hichilema had contested for other 5 previous elections with no success.

Net Worth, Salary & Earnings of Hakainde Hichilema in 2024

HH has an estimated net worth of more than $1 billion. He is the richest man in Zambia. He has earned his wealth from his business and also from the companies he owns. He is also a great farmer with 70 cattle ranches which holds over 700 thousand cattle. He also owns 100 farms and 40 airports in different parts of the world.

President HH Salary

According to the Statutory Instrument signed by the Finance Minister, Margaret Mwanakatwe on President of Zambia salaries, President HH earns an annual salary of K487,839.00 together with a special allowance of K129,413.00 with a net annual salary of K617,252. This then translates to a monthly salary of K40,653.25 and an additional allowance of K10,784.41 each month.

Hakainde Hichilema Social Media Platforms

Hakainde Hichilema is active on social media, and you can reach him on the following handles;

  1. Hakainde Hichilema Instagram Account
  2. Hakainde Hichilema Facebook Account
  3. Hakainde Hichilema Twitter Account

Some Interesting Facts You Need To Know

  1. He was accused of being a Freemason but denied it in December 2014, labeling the people accusing him as malicious. He even sued Orthodox Church bishop Edward Chomba for defamation after the latter called accused him of being satanic and a Freemason.
  2. He is the first Zambian to deliver a speech at The Royal Institute of International Africa, which is commonly known as Chatham House.
  3. He contested for presidency 5 times while losing but later won in the 6th contest in 2021
  4. President HH is a committed member of teh SDA Church
  5. Hakainde Hichilema got imprisoned for 127 days after the 2016 elections

President Hakainde Hichilema is a very popular man in Zambia not only for his political career but as the richest man in the country. He owns a big portion of land and is one of the biggest cattle farmers in Zambia.

He has contested for the position of the presidency without success five different times. Currently, his story is an inspiration to many after having won the 2021 elections and becoming the 7th Republican President of Zambia.

11 thoughts on “Hakainde Hichilema Net Worth 2024, Biography, Wiki, Cars, House, Companies, Age, Weight, and Career Details

  1. God bless His Excellence President Hakainde Hichilema and as he leads our great country with honour and love. I and my family will ever support HH. God bless Zambia.

  2. i just want the president not to forget us the youths in choma and to reduce the fees for GCE thanks in advance

  3. May God Bless His Excellency, The President Of The Republic Of Zambia Mr Hakainde Hichilema.HH AKA BALLY.

    1. Adorable,,excellent and tremendous leadership qualities ever experienced. I envy the prosperity thus ever motivated.

  4. i think we are learning many lessons from his successes and perseverance. He is an inspiration to many people not only in zambia but worldover.

  5. May God bless His Excellency the 7th Republican President Of Zambia.
    May love,strive and iron will for governance lead the way.
    Great man indeed: HH7.

    1. We have your back your excellency, may you reach your goals in the upnd manifesto. It’s hard to work with great opposition with big gang of thugs frustrating progress, but it’s very possible to succeed with a positive drive.

  6. I Maxwell Luundu had a seem in 2016 that the president of UPND has won elections and there was much peace, and for sure my dream has come to pass praise God.

  7. He is an inspirational being to many people out there with me inclusive

    May the most High God (Jah ) continue to protect and his light to shine always…

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