Tanzanian billionaire Reginald Mengi died

Tanzania billionaire and owner of the biggest media conglomerate, Reginald Mengi has died in Dubai, United Arab Emirates, where he was receiving treatment.

Mengi was born in 1944 in Kilimanjaro region. The cause of his death is yet to be confirmed.

The 75-year-old tycoon had just celebrated his wedding anniversary with his 39-year-old wife Jacqueline Ntuyabaliwe-Mengi in March 2019 before he went to Dubai for treatment.

Mengi is the owner of IPP Media Group that owns 11 newspapers, radio and television stations and internet properties.

He also owns Bonite Bottlers, the sole bottler of Coca-Cola products in northern Tanzania.

His Kilimanjaro brand of bottled water is the biggest selling in the country.

Also, his IPP Resources mines gold, uranium, copper, chrome and coal. 

He was a devout philanthropist who sent hundreds of Tanzanian children with heart ailments to India for treatment.

In 2014, the Forbes magazine ranked Mengi number 45 among the richest people in Africa with a net worth of over KSh 56 billion.