Before finding out how much is exactly Hakainde Hichilema Net worth. Lets trace how he became Zambia’s richest man. “Hakainde Hichilema” was just a small boy raised in poverty just like many Zambians in southern province. Hichilema then became focused on life and hoping to one day change the face of his country even before becoming a politician. Even though rich, the desire had been driven by motivations to see Zambia make the most valuable benefits to its citizens out of the available resources.
Hakainde Hichilema Net worth (Biography)
|Full Names||Hakainde Hichilema (HH, Bally)|
|Children||Habwela, Miyanda and Chikonka|
|Wife Name||Mutinta Hichilema|
|Place of Birth||Monze (Southern Province)|
|Political Party||United party for National development (UPND)|
|Employees||1,000 – 2,400 workers|
|Companies||Lybrand, Zambeef, C & L, CEC and GT|
|Number of Cows (Heads of cattle)||5 million|
|Cars||Jeep Grand Cherokee, Toyota Hilux and Land cruiser V8|
|Political Party Supporters||12.8 million|
|Elections Lost||Three times (2008, 2011 and 2016)|
|Net Worth from 2011 – 2019||$70 billion declared 2016|
|Net Worth In the Year 2020||$700 million|
Hakainde Hichilema, then later sought an opportunity to come up with resources, that would make him Zambian richest man, means of making huge investments to change how the people of Zambia were actually living. Until date, he is one of the most revered individuals upholding the social justice motto, rule of law and a one Zambia, one nation slogan.
Many have come to like him due to a heart towards the Zambian people, love and tough leadership traits that remind them of the late Michael Sata. Putting on the line so much, becoming low to a level of understanding every individual’s needs and wants and providing an ideology that would work best for anyone.
Hakainde Hichilema Lifestyle & Biography
Most folks have had this question about trying to understand, who is Hakainde Hichilema?The man is a simple hardworking politician and business tycoon. According the available records, Hakainde Hichilema was born in a district of Zambia southern province on June 4 1962 making him 58 years old in 2020.
Coming from a humble beginning raised in the rural area of Southern province almost the entire rest of his life. He is a former Kalomo primary school pupil, that’s where most of the early education was handled before moving to the University of Zambia under the school of social sciences to pursue the Bachelors degree in Economics, then a few years later after embarking on businesses.
He decided to follow up with another in Business Administration in the year of 1986. Further more, this Zambian richest man holds MBA in a field of Finance from the prestigious University of Birmingham.
Family, Wife And Children
He has been married to Mutinta Hichilema for over 30 years and has three children Habwela, Miyanda and Chikonka.
Business And Companies
Been the most successful business tycoon is the specialty for this man. Founded the company Lybrand , served as head of management at Grant Thornton. Biggest shareholder in Zambeef . Very influential rich and powerful with millions of dollars invested abroad and in other local companies, shopping malls, and four ago built a university to invest education in the education sector.
He is part of board of directors at Barclays Bank Zambia. The trails of his business hails from when he was just a young boy, but due to the work ethics got chosen CEO of Grant Thornton. and later moved to C & L, finally GT .
Hakainde Hichilema Net worth For The Year 2020
Hakainde Hichilema, leader of the UPND, farmer of cattle and the most successful business man is Zambia’s richest man, if not one of the richest. Has an estimated net-worth of $700 million and $70 billion, which he managed to declare during the 2016 elections.
Also Read: Richest Zambian Musicians
Hakainde Hichilema is the leading employer of over 1,000 people in Zambia, shareholder in Africa’s biggest solar energy company of South Africa. The man is currently working on the University project to cost over $84 million. Owns 20 cattle ranches, having not less than 500,000 heads of Cows. 30 farms including personal airports and a balance of $2 Billion in his personal account. The man is rich and no one will manage to surpass Mr Hichilema.
House And Lifestyle
The United Party for National Development (UPND) president Hakainde Hichilema has a house located in New Kasama, in the capital city Lusaka.
The house has 15 bedrooms, 20 ordinary rooms, 5 big kitchens, big open spaces, 5 Bathrooms and toilets, and 4 garages. Its regarded one of the biggest mansions in Zambia to that of Pastor Bishop Joe Imakando. Owns over 50 cars and having one of the most expensive cars in Zambia, the Jeep Grand Cherokee and land cruiser V8.
Also Read: Top 4 Expensive Hakainde Hichilema Cars
Just like other rich families he buys cars for traveling on the road. Been on the road most of the times comfort and luxury is needed, including the safety of his family and campaign tours.
Politics And Elections
HH joined the political race in the year 2006 when he decided to live the corporate world and became president of the UPND.
History Bout His Political Party (UPND)
Hakainde Hichilema was sought to be a good candidate to sustain the party. During the conversion for the party most people voted in favor of seen the man taking over the responsibility. Since that time, He has continued to grow the party, taking it to extremes and including sections of the country it had little support, from the time President Anderson Mazoka died.
Participated in the general elections five times, closing the gap every time. The margin difference during the 2016 elections, which the party claims were rigid is 13,000 votes to reach a 50 plus one threshold.
The election took place in 2016 on the 28 September, of which he contested under the UDA party and ran against president Levy Mwanawasa, and president Michael Chilufya Sata. After the election, took third place and was declared a strong opposition candidate after been endorsed by Dr Kenneth Kaunda.
The second election took place after the death of Patrick Mwanawasa in 2008. He participated and came 3rd taking 20% of the votes. Opted to merge hands with Michael Sata’s Patriotic Front party to win the 2011 elections together. But this collapsed because it has not been clear, on who should takeover when and how.
Popularity And Supporters
Hakainde Hichilema has dominated the face of Zambia’s electoral candidates. Has a very impressive track record of the party’s growth and recognized internationally. Reputable, respected and loved due to his analysis of the country and economy.
Many have sought Hakainde Hichilema is definitely going to be Zambia’s next President, the only capable of ruling 2021 to 2031, having a popularity increase of 90% while the revivals seem to have been loosing the people. A strong christian and has promised Zambia a change like no other, once elected. The country will have growth from political, social, economic and border line relations will be more, due to the fact most investors trust him so much.
Secrets To His Wealth
1. He Takes risks.
Most young men are afraid of risks. Contested five times in elections, but continues to risk the resources, hoping one day to win. Invests in higher stock opportunities that are seen. Quit jobs and left good positions to pursue his own business. Jumped on every new opportunity and ventures, putting him of the list of wealthy individuals having a greatest key to success. Makes strong firm decisions and sticks to the principle to try something new almost every time, possibly something people have not yet discovered.
Understands risk taking is not enough alone. efforts are taken to diversify the business and strategies, this provides the most professional, reputable connections. Doe not depend on running one business, serious with money, savings and does not like corruption. Owns multiple income streams in Africa, Zambia and America to generate several revenues and growth of businesses, attaining the goals and business establishment. This is what shields Hakainde Hichilema, and a more reason the business owned does not run out or die.
3. Makes a budget.
He is the most calculative individual, you will ever come across. Very serious and outlines the steps to make more money, while spending less, and making sure the profits are actually invested wisely. Every year Hakainde Hichilema, makes a detailed budget, based on the projected loss and profit. Outlines the limits to the expenses, and keeps a close eye on the investment, monitoring and ensuring its yielding profits in return.
The Treason Charge
Zambian richest man, HH was arrested on charges of treason in 2017, after state of emergency got declared. Making this incident one of the most shocking events in Zambian political history. Got arrested on 11 April of 2017, spent over 127 days locked in solitary confinement with little food, water and security at Mukobeko Maximum Prison. This is one of the most sophisticated prisons in Zambia having death row inmates.
Most people had been against this move and criticized the treason charges, until they got dropped and got released on bail after most people supported him. Churches in Zambia, people, citizens and foreign expatriates all advised the Government to let him go. Now that you have learnt about Hakainde Hichilema Net worth and lifestyle. See our related content below and don’t forget to share !
#FACEBOOK @Hakainde Hichilema
#TRENDING ON TWITTER TODAY