Age, Biography and Wiki

Michael Shirima was born on 1943 in Rombo, Kilimanjaro Tanzania, is a Businessman. Discover Michael Shirima's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 80 years old?

Popular As N/A
Occupation Businessman & entrepreneur
Age N/A
Zodiac Sign
Born 1943, 1943
Birthday 1943
Birthplace Rombo, Northern Province, Tanganyika Territory
Date of death June 09, 2023
Died Place Aga Khan Hospital, Dar es Salaam, Tanzania
Nationality Tanzania

We recommend you to check the complete list of Famous People born on 1943. He is a member of famous Businessman with the age years old group.

Michael Shirima Height, Weight & Measurements

At years old, Michael Shirima height not available right now. We will update Michael Shirima's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Michael Shirima Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Michael Shirima worth at the age of years old? Michael Shirima’s income source is mostly from being a successful Businessman. He is from Tanzania. We have estimated Michael Shirima's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Businessman

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Timeline

2011

Precision Air is headquartered in Dar es Salaam, the largest city in Tanzania. In October 2011, Precision Air floated 30.35 percent shareholding in the airline stock, in an initial public offering on the Dar es Salaam Stock Exchange. As of June 2012, Kenyan press reports indicated that Michael Shirima is the largest shareholder in the stock of the airline with 42.91 percent shareholding.

In addition to his aviation interests, Shirima owns five percent of the stock of I&M Bank (Tanzania), a medium-sized commercial bank. As of December 2011, the bank's total assets were valued at about US$130 million (TZS:200 billion) and the bank's shareholders' equity had approximately US$15 million (TZS:23 billion). He also sits on the board of directors of the same bank.

1993

Shirima started Precision Air in 1993, with a twin-engine five-seater airplane, a Piper Aztec. Using Arusha as its base, the airline began by providing charter flights to tourists visiting Serengeti National Park, Ngorongoro Crater, the island of Unguja, and other tourist attractions in Tanzania. As customer numbers grew, the airline acquired more equipment and began scheduled flights maintaining Arusha as its base. In 2003, Kenya Airways, the largest airline in East Africa, acquired 49% shareholding in Precision Air for a cash sum of US$2 million.

1943

Michael Ngaleku Shirima (born 1943) is a Tanzanian businessman, entrepreneur, and philanthropist. He is the founder and current chairman of Precision Air, Tanzania's largest privately owned airline.