Kuda Tagwirei Lifts the Lid on President Mnangagwa’s Wealth and How He Earns It

Kuda Tagwirei Lifts the Lid on Mnangagwa’s Net Worth and Income Sources

Zimbabwean businessman Kuda Tagwirei made headlines this week after casually revealing what he claims is President Emmerson Mnangagwa’s net worth — and it’s not small change.

Tagwirei was speaking at a youth event hosted by Prophet Emmanuel Makandiwa at the United Family International Church (UFIC) in Chitungwiza when he dropped the bombshell about the president’s alleged financial standing.

Mnangagwa’s Farm Brings in Millions, Says Tagwirei

While addressing the audience, Tagwirei claimed that Mnangagwa’s farm in Sherwood, Kwekwe, pulls in US$11 million a year in revenue. He added that the president reportedly makes a 35% profit from that income, roughly US$4 million annually.

“The turnover for his farm. He’s gonna kill me, but I’m gonna tell you, is around 11 million dollars a year. The profit that he makes, if he makes 35% profit, that’s around four million dollars a year,” he said.

Also read: Inside the Private Jet Mnangagwa Hired for US$18K an Hour To Visit Russia and Belarus

Tagwirei Reveals President Mnangagwa’s Net Worth

Tagwirei didn’t stop there. He went on to estimate that Mnangagwa’s net worth sits at about US$40 million, based on a rough calculation of his alleged annual profits over ten years.

He then compared the President’s alleged financial position to how things might look in wealthier countries, saying that if Mnangagwa lived in the First World, he’d likely own a private jet by now.

“If I’m talking about net worth, those who are calculating right now, this man must be worth 40 million, because 4 million times ten is 40 million. From his farm. If he was in a first-world country, he can buy a plane if he wants, because he has the balance sheet that supports it,” Tagwirei added.

Despite the big numbers, Tagwirei described Mnangagwa as a humble man, especially considering the kind of wealth he allegedly has at his disposal.

Watch the video of Tagwirei here.

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