BY JOAN WANJIKU,NAIROBI,11TH OCT 2018-Police in have rescued billionaire Mohammed Dewji who was kidnapped in early Thursday with the news of the incident spreading on social media platforms. A local daily in Tanzania says, Dewji was kidnapped on his way to the Oysterbay for routine gym exercise
thecitizen.co.tz reports that two white men and unknown accomplices in two cars tracked him as he walked into the fitness club where he is a member. The motive of the attack is still not known.
Forbes puts real time net worth at $1.5B (over Sh100billion). He is the Chief Executive Officer of METL, a Tanzanian conglomerate founded by his father in the 1970s. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. It operates in at least six African countries and has ambitions to expand to several more. According to Forbes, the billionaire signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.