Malawi’s richest man sees $89 million decline in FMB Capital stake
The continued slide in the company’s share price on the Malawi Stock Exchange has dragged down his holdings significantly.
FMB Capital Holdings
Malawi’s richest man loses $183 million from FMB Capital stake
A recent dip in FMB Capital’s share price on the Malawi Stock Exchange has shaved $183 million off Hitesh Anadkat’s investment.
Hitesh Anadkat on track to become Malawi’s first billionaire as FMB stake nears $1 billion
Anadkat’s rising wealth is closely tied to the performance of FMB Capital, a Mauritius-based investment firm with a strong presence across Africa.
Malawian banking mogul Hitesh Anadkat’s stake in FMB Capital is worth over $86 million
Anadkat has a significant 35.51-percent stake in the Port Louis-based company.
Malawian tycoon Hitesh Anadkat’s stake in FMB Capital Holdings gains $27.12 million in 89 days
The increase can be linked to gains in the group’s shares on the Malawi Stock Exchange.