However, Kirsh still remains one of Africa’s wealthiest billionaires.
Natie Kirsh
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Kirsh’s net worth is now estimated at $7.82 billion.
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The loss is due to a decrease in the valuation of his majority stake in Jetro Holdings.
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Kirsh’s net worth has risen by $215 million since the start of the year, from $8.27 billion to $8.49 billion.
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Kirsh ranks as the 278th richest man in the world and the richest person in Eswatini (formerly Swaziland).
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Kirsh is the 313th wealthiest man in the world and the fourth-richest man in Africa.
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Kirsh saw his net worth surge to a record $8.35 billion on Jan. 4, $1.89-billion higher than one year ago.
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The year 2021 delivered impressive wealth gains for African billionaires and multimillionaires.
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One of Africa’s richest men, Nathan Kirsh holds the majority of his investments through his family-owned Kirsh Group.