Zimbabwe has experienced one of the worst economic and political crises in history, and this is demonstrated by the country’s widespread poverty and unemployment rate which rose to a staggering 94% in 2008. The country’s involvement in the Second Congo War in 1998 as well as the Zimbabwe government’s controversial land reform programme and the hyperinflation of the Zimbabwean dollar, and many other factors, all played a role in the economy’s downturn.
However, the abandonment of the Zimbabwean dollar and the adoption of a government of national unity have since seen the country experience a period of positive economic growth.
With a GDP now exceeding $28 billion, Zimbabwe is slowly recovering after years of turmoil and turning into the next big thing. Its reputation as a tourist destination is once again improving and many successful businessmen continue to invest in different sectors in the country, including telecommunications, mining and manufacturing. But just who are these successful businessmen?
10. Charles Davy
Net Worth: $540 million (about £444 million)
Born in South Africa in 1952, Charles Davy owns some 1,300 square miles of land in the Lemco Safari Area or about 0.09 per cent of all agricultural land in Zimbabwe. The fact that he managed to keep it during President Robert Mugabe’s land seizures in the 2000s still stirs controversy, and he reportedly made his fortune from his links with Mugabe and his regime.
He also makes a lot of money by running hunting safaris which, in 2005, were reported to typically cost £660 (about $802 today) per day to shoot lions, elephants, leopards and buffalo on 24-day expeditions.
Davy’s daughter is none other than Chelsy Davy, the relatively famous former on-off girlfriend of Prince Harry between 2004 and 2011.