Rostam Aziz Net Worth 2022, Biography, Wiki, House, Wife, Companies, Business, Education, and Career Details


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Real Name/Full NameRostam Abdulrasul Aziz
Nick Name/Celebrated Name:Rostam Aziz
Birth Place:Dar-es-Salaam, Tanzania
Date Of Birth/Birthday:21 August 1964
Age/How Old:57 years old
Height/How Tall:In Centimetres –  176cm
In Feet and Inches – 5′ 8″
Weight:In Kilograms – 72 Kg
In Pounds – 159 lbs
Eye Color:Black
Hair Color:Black
Parents Name:Father – Aziz Abdul Rasool
Mother – unknown
Siblings:Unknown
School:Unknown
College:Unknown
Religion:Unknown
Nationality:Tanzanian
Zodiac Sign:Leo
Gender:Male
Sexual Orientation:Straight
Marital Status:Married
Girlfriend:N/A
Wife/Spouse Name:Unknown
Kids/Children Name:Yes (four)
Profession:Businessman, entrepreneur, and politician
Net Worth:$1 billion
Last Updated:June 2022

Rostam Abdulrasul Azizi is a famous Tanzanian politician, businessman, entrepreneur, and economist. He began his office term in 1994 and ended on 13 July 2011. He is one of the richest men in Tanzania, and Forbes magazine reported him as the first Tanzanian dollar billionaire in 2013, when his worth was estimated to be $1 billion. His family is one of the richest in Tanzania.

Biography and Early Life

Rostam Azizi was born on 21 August 1964 in Dar-es-Salaam, Tanzania. He comes from The Aziz’s, which is better known as the Sagari clan. This clan is a fifth-generation Tanzanian family of Iranian Baloch.

His family members decided to name him Aziz instead of Sagari as they wanted to be known after their paternal grandfather, Abdul Raool Sagari Chakar, and their father, AZIZ SAGARI (Aziz Abdul Rasool.” His family originated from Zanzibar in 1850 before settling in Tanganyika. They began farming sisal, sugar cane, and rice but later expanded their farming business with time.

Education

Concerning his academic qualification, the information is missing in his biography. He has much concentrated on his occupation rather than his personal information. According to the status of his family, he must have received a good education as his family is wealthy. He is also very knowledgeable, which proves him to be educated.

Personal Life: Wife, Kids, Daughter, Wedding, etc.

Aziz has not disclosed many details concerning his personal life. He has not disclosed the name of his wife, although he has one. He has four children. He tries to keep his marriage life away from the limelight for reasons known to him. This has helped him avoid any controversies that come with exposing one’s spouse and family in general.

Is Rostam Aziz Gay?

No. Aziz has a straightforward sexual orientation. He is neither gay nor bisexual and has never had such rumors. Although there are no details concerning his wife, he has four children with her. He has tried to keep away from any kind of controversy, which has helped him grow his career and wealth easily.

Professional Career

Aziz began his political career in 1994 when he represented the Igunga constituency in Tabora Region. He had been in office until 13 July 2011, when he resigned. He was the National Treasurer of the ruling party, Chama Cha Mapinduzi, from 2006 to 2007. He was also a member of the Poliburo/Centra; Committee of CCM between 2006 and 2011. One of the key roles he played as an MP is that he pioneered community health insurance in East Africa. Also, each and every household was provided with health insurance from Community Health Fund.

During his political tenure, he also was able to achieve water access to each resident in his constituency. Igunga also became the first constituency to have a dispensary and electricity under his tenure.

Aziz is also a great business tycoon in Tanzania and owns almost 18% of Vodacom Tanzania, which is the country’s largest mobile phone company, according to Forbes magazine. The company has more than 15 million subscribers. He also owns approximately 35% of Cavalry Holdings. He, however, sold 17.2& of his Vodacom Tanzania shares to Vodacom Group of South Africa for $250 million.

He is the owner of Caspian mining which is a contract mining firm in Tanzania. He also owns several real estates in Dubai and Oman. In the early stages of his business career, he was in the family’s trading business but later started his own business deals.

His family is one of the wealthiest in Tanzania. It has invested in telecommunications, agriculture, mining, media, and sports facilities. Some of the Aziz Group holdings include;

  1. Vodacom Tanzania, the biggest mobile network in the country
  2. Wambere Hunting Safaris Limited
  3. Africa Tannaries Limited
  4. Tanzania Leather Industru=ies Limited
  5. Caspian Limited
  6. Several newspapers, radio, and television stations.

Awards and Achievements

According to the available information about Aziz, there are no details concerning the awards he has received from his career. Nevertheless, he is one of the most popular men in Tanzania because of his wealth. His family is also recognized as one of the richest in Tanzania.

Net Worth, Salary & Earnings of Rostam Aziz in 2022

It is obvious that Rostam Aziz is one of the richest men in Tanzania. He has an estimated net worth of over $1 billion which is approximately $2.3 Trillion in Tanzania shillings. He and his family has invested in various sectors of the Tanzanian economy.

Some Interesting Facts You Need To Know

  1. Under his governance, his constituency became the first one to have a dispensary.
  2. He branched himself from the family business after working with him for some time.

Rostam Aziz has earned his great name mainly because of his wealth and that of his family. He has also been into politics and contributed significantly to the well-being of the people in a great way; he will always be remembered for bringing electricity and water to every ward of his constituency. It was also during his tenure that the first dispensary was set up in his area.

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