Malawian businessman Hitesh Anadkat gains nearly $16 million from FMB Capital
This recent bump in his fortune comes after his stake in FMB Capital Holdings declined by $6 million between Feb. 1 and March 9.
This recent bump in his fortune comes after his stake in FMB Capital Holdings declined by $6 million between Feb. 1 and March 9.
Anadkat presently holds an impressive 35.51-percent stake in FMB Capital, which translates to 872,924,575 ordinary shares.
Anadkat holds an impressive 35.51-percent stake in FMB Capital, or 872,924,575 ordinary shares.
Since the start of this year, Anadkat has amassed over $90 million through his shares in FMB Capital.
Anadkat’s wealth gains even further cement his position as one of Malawi’s top 10 richest businessmen.
Anadkat’s influence in the African business landscape extends beyond his stake in FMB Capital.
Anadkat owns 35.51 percent of the Port Louis-based firm.
Anadkat owns 35.51 percent of the Port Louis-based firm.