News
Tanzania millionaire, Reginald Mengi, dies at 75, leaves over $500m for 39-year-old wife and four children
Tanzanian media mogul, entrepreneur and philanthropist, Reginald Mengi, has died aged 75.
The IPP executive chairman, who is ranked as one of Tanzania’s dollar millionaires, died on Thursday, 2 May 2019 in Dubai.
Mr Mengi, through his manufacturing, mining and media conglomerate IPP Group, owned newspapers and radio and TV stations.
In 2014, Forbes estimated his wealth at $560m (£430m).
He was born into a poor family close to Mount Kilimanjaro and finished his education in Scotland.
President John Magufuli via Twitter paid tribute to his role in the country’s development.
He wrote, “I am shocked at the death of an elder and a friend Dr. Reginald Mengi. I will remember him for his immense contribution to the development of our country and for the words he wrote in his book (titled) I Can, I Must, I Will. Sorry to members of his family, IPP workers and the entire business community.”
Mr Mengi is survived by his wife, former Miss Tanzania Jacqueline Ntuyabaliwe, and four children.
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