Tanzanian businessman Said Salim Awadh Bakhresa has an estimated net worth of $575 million as of 2015, according to Forbes. He is the founder and chairman of the Bakhresa Group of companies.
Bakhresa was born in the year 1949 in Zanzibar, Tanzania. He dropped out of school when he was 14 years old. He took up the job of selling potato mix and later had a humble beginning as a small restaurateur in the seventies. Then he moved into grain milling.
Today Bakhresa is a well-known industrialist in the region. His Bakhresa Group of Companies is one of the leading houses in Tanzania, and has operations in Tanzania, Uganda, Zanzibar, Rwanda, Kenya, Burundi, Malawi, Zambia and Mozambique.
The group employs 5,000 people and has interests in food and beverages, logistics, packaging, real estate and marine passenger services. Bakhresa launched Azam TV, a pay TV service for East Africa. He is the mastermind behind the success of the group. His vision and excellence have taken the group to great heights.
Currently the mission of the group is to increase and sustain the living standard of Africans by providing them with essential products and services of global quality at affordable prices; and to exceed customers’ expectations through innovation and harnessing technology.
Bakhresa is married and lives in Dar es Salaam. This business tycoon is an extremely reclusive person by nature.