Zambia is home to several wealthy individuals who have made their fortunes in various sectors, including agriculture, real estate, and mining. As of 2026, these high-net-worth individuals continue to shape the economic landscape, making significant contributions to Zambia’s growth. Below is a list of the top 11 richest men in Zambia, showcasing their net worth and the industries that have propelled them to the top.
1. Hakainde Hichilema – $340 Million
- Occupation: President of Zambia, Businessman, Farmer
- Notable Achievements: 7th President of Zambia, Largest Cattle Rancher
- Hakainde Hichilema is not only the president of Zambia but also one of the wealthiest individuals in the country. Prior to his political career, he made his fortune in business and farming. His net worth is estimated to be $340 million, and he is the largest cattle rancher in Zambia.
2. Noble Findlay – $310 Million
- Occupation: Businessman, Founder of Auto World
- Notable Achievements: Founder of Auto World, Car Dealership with 11 Branches
- Noble Findlay is a prominent businessman known for founding Auto World, Zambia’s largest car dealership. He has been instrumental in the automotive industry, with over 11 branches across the country. His net worth is pegged at $310 million.
3. Carl Irwin – $306 Million
- Occupation: Businessman, Co-Founder of Zambeef
- Notable Achievements: Co-founder of Zambia’s largest beef producer
- Carl Irwin made his fortune by co-founding Zambeef, the largest beef producer in Zambia, which also produces chicken, eggs, and other products. He retired in 2018, but his business acumen helped grow Zambeef into an African powerhouse, contributing to his net worth of $306 million.
4. Dr. Rajan Mahtani – $304 Million
- Occupation: Businessman, Chairman of Finance Bank Limited
- Notable Achievements: Chairman of Finance Bank, Business Icon
- Dr. Rajan Mahtani is one of Zambia’s leading businessmen, with a net worth of $304 million. He is the chairman of Finance Bank Limited and has built his fortune through various investments in the banking and finance sector.
5. Robin Miller – $301 Million
- Occupation: Businessman, Managing Director of Real Estate Investments Zambia (REIZ)
- Notable Achievements: Real Estate Mogul, Member of Various Boards
- Robin Miller is a notable figure in Zambia’s real estate market, serving as the managing director of REIZ and being a member of several boards, including City Investments Ltd and Madison General Insurance Company Ltd. His estimated net worth stands at $301 million.
6. Hanson Sindowe – $248 Million
- Occupation: Businessman, Former Executive Chairman of Copperbelt Energy Corporation (CEC)
- Notable Achievements: Leader in the Energy Sector
- Hanson Sindowe, who passed away in 2021, had an estimated net worth of $248 million at the time of his death. He was the executive chairman of Copperbelt Energy Corporation (CEC) and a major figure in Zambia’s energy sector.
7. Geoffrey Mwamba – $218 Million
- Occupation: Businessman, Politician
- Notable Achievements: Former MP and Minister of Defence
- Geoffrey Mwamba, a Zambian businessman and former politician, had a net worth of $218 million. He served as the Member of Parliament for Kasama Central and as Zambia’s Minister of Defence.
8. Charles Milupi – $210 Million
- Occupation: Businessman, Politician, Minister of Infrastructure
- Notable Achievements: Minister of Infrastructure, Housing, and Urban Development
- Charles Milupi is both a businessman and a politician, holding the position of Minister of Infrastructure, Housing, and Urban Development in Zambia. His investments in various sectors have contributed to his $210 million net worth.
9. Satwant Singh – $90 Million
- Occupation: Rally Driver, Businessman
- Notable Achievements: Eight-time Winner of the African Rally Championship
- Satwant Singh is a Zambian rally driver and businessman with a net worth of $90 million. He is well-known in motorsport, particularly for his successes in the African Rally Championship.
10. Mark O’ Donnell – $80 Million
- Occupation: Businessman, CEO of Union Gold Group
- Notable Achievements: CEO of Union Gold Group, Member of Various Boards
- Mark O’Donnell is the CEO of Union Gold Group and has played a significant role in Zambia’s gold mining and real estate sectors. His estimated net worth is $80 million.
11. Spax Mulenga – $38 Million
- Occupation: Businessman
- Notable Achievements: Founder of Spax Mining
- Spax Mulenga is a young and emerging businessman, known for his ownership of Spax Mining. His net worth is estimated to be $38 million, placing him among Zambia’s top wealthiest individuals.
Conclusion
These 11 individuals represent some of the most influential and successful entrepreneurs and businesspeople in Zambia. With diverse investments across sectors such as mining, real estate, agriculture, and finance, they have not only built immense wealth but also contributed to the economic growth of the country. As of 2025, Hakainde Hichilema continues to hold the title of Zambia’s richest individual, with $340 million in net worth, thanks to his successful business ventures and political career.
