Swazi billionaire Natie Kirsh sees $710 million drop in wealth
Swazi billionaire Natie Kirsh’s fortune has fallen by $710 million to $9.69 billion as weaker asset valuations hit his global retail and real estate holdings.
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Swazi billionaire Natie Kirsh’s fortune has fallen by $710 million to $9.69 billion as weaker asset valuations hit his global retail and real estate holdings.
Eswatini’s richest man Natie Kirsh loses $730 million in four months as asset values fall, but remains among Africa’s richest billionaires.
Natie Kirsh loses $500 million in three months, bringing his wealth below $10 billion despite new business moves.
Natie Kirsh’s net worth drops to $10 billion after asset revaluation, but his global investments and dealmaking remain strong.
Natie Kirsh-backed consortium ups Abacus Storage King bid to $1.42 billion, intensifying takeover battle.
Natie Kirsh’s fortune drops by $300 million, trimming his 2025 year-to-date gains to $774 million after a recent two-month surge.
In April, Kirsh, through his family office Ki Corporation, teamed up with Public Storage to bid for Abacus Storage King.
At 93, his fortune has grown by $504 million since January, pushing his net worth from $9.3 billion to $9.83 billion, according to the Bloomberg Billionaires Index.
Kirsh, who built his empire from a family sorghum-malt business in 1952, derives most of his fortune from his 75-percent stake in Jetro Holdings.
His wealth has now climbed from $9.3 billion to $9.85 billion, adding to the $1.77 billion he gained in 2024.
While the property has seen a decline in market value, Natie Kirsh’s wealth has grown remarkably.
Kirsh's empire spans four continents, with key assets including Tower 42 in London and significant real estate holdings in Australia.
Kirsh, now ranked 286th globally, is the only African billionaire to gain more than $1.5 billion in 2024.
Earlier this month, Kirsh’s fortune saw a substantial increase of $270 million, rising from $8.41 billion on June 1 to $8.68 billion by June 7.
Ranked 317th on the Bloomberg Billionaires Index, Kirsh derives a substantial portion of his wealth from private investments.