#2 Natie Kirsh
Wealth gains in 2021: US$1.81 billion
Nathan “Natie” Kirsh, a Swazi businessman and one of the richest billionaires of African descent, saw his net worth increase by US$1.81 billion in 2021, as investments made through his conglomerate, Kirsh Group, surged in value.
Kirsh holds the majority of his investments through Kirsh Group, a family-owned conglomerate that maintains private equity investments in Africa, Asia, the United States and Europe.
The conglomerate holds a majority 75-percent stake in Jetro Holdings, a leading consumer goods business that controls Jetro Cash & Carry and Restaurant Depot stores across more than 30 states in the United States.
Data gathered by Billionaires.Africa revealed that his net worth in 2021 increased from US$6.46 billion on 31 December 2020 to US$8.27 billion on 31 December 2021.
This translates to a 28.02-percent bump or a gain of US$1.81 billion in his net worth.
Continued next page
(352 VIEWS)
This post was last modified on January 9, 2022 2:22 pm
Africans must now tell their own stories because if they continue to denigrate themselves they…
Quarterly taxes, which are due next month, will force businesses to sell a quota of…
Zimbabweans will soon be able to change their ZiG to United States dollars and vice-versa…
Senator Sengezo Tshabangu yesterday expressed dismay at the pace at which the government is constructing…
Zimbabwe has ordered providers of goods and services to use the official exchange rate or…
Zimbabwe is going to introduce legislation which ensures that the country uses one exchange rate…
