Malawi’s richest man Hitesh Anadkat loses $171 million from FMB Capital stake
Malawi’s richest man Hitesh Anadkat sees a $171 million drop in his FMB Capital stake as the bank’s shares retreat on the Malawi Stock Exchange.
Skip to content
Malawi’s richest man Hitesh Anadkat sees a $171 million drop in his FMB Capital stake as the bank’s shares retreat on the Malawi Stock Exchange.
Malawian billionaire Hitesh Anadkat’s FMB stake has soared to $1.4 billion as the banking group’s shares rally 320 percent in 2025, driving renewed investor confidence.
Malawian billionaire Hitesh Anadkat’s FMB stake climbs to $1.22 billion amid regional banking growth.