Eswatini’s richest man Natie Kirsh loses $730 million in four months
Eswatini’s richest man Natie Kirsh loses $730 million in four months as asset values fall, but remains among Africa’s richest billionaires.
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Eswatini’s richest man Natie Kirsh loses $730 million in four months as asset values fall, but remains among Africa’s richest billionaires.
Palantir CEO Alex Karp adds $2.1 billion, boosting his net worth to $14.2 billion and securing his spot as America’s richest Black billionaire.
Dangote's net worth jumped $414 million in a day as investors poured into cement and sugar stocks on the Nigerian Exchange.
Karp, who made the billionaire list in 2016 with a net worth of $1.6 billion, now holds an estimated fortune of $11.5 billion.
South Africa's richest man, Johann Rupert, saw his net worth fall from $17 billion on March 4 to $13.8 billion at the time of this report.
The decline has wiped out nearly all the gains he made in the first seven weeks of 2025.
This follows a strong start to the year, when his net worth surged by $3.32 billion, rising from $13.7 billion to $17 billion by early March.
Forbes’ latest valuation narrows the gap with Bloomberg’s estimate, though a discrepancy remains.
This boost solidifies his position as the second-richest person in South Africa and the 227th richest individual globally.
The decline is primarily attributed to fluctuations in his stake in Richemont, the luxury conglomerate that houses brands like Cartier and Chloé.
Dangote, Africa’s richest man and Nigeria’s wealthiest individual, has seen his fortune plummet by $8.6 billion since Jan. 30.
Calder’s recent wealth surge solidifies his position as a top figure on both the African and global stages, underscoring his enduring influence.
This follows a $320-million gain in Al-Amoudi’s net worth between March 28 and April 12.
The leading Egyptian billionaire has seen his ranking on the Bloomberg Billionaires Index slip following a decline in the market value of his holdings.
In recent times, Glencore shares are up 1.4 percent, rising from £4.28 ($5.39) on March 21 to £4.34 ($5.47) at the time of drafting this report.
The bulk of Kirsh’s fortune stems from his 75-percent stake in Jetro Holdings, now valued at $5.68 billion.