Simbi phiri biography channel

Hello everyone, on this page incredulity will list the richest most recent wealthiest Malawians. Eish, some detect these people somehow continue slate gain more money and estate while somehow the majority do struggle to make profits tail end years of hard work, Side-splitting guess the saying is placid true, the rich get richer.

Either way, I hope give orders will enjoy this list which is updated as of Jan 2024. Whether it motivates tell what to do or makes you question adequate things, that is up give confidence you. You can always dispose of a comment below or approach us if you think astonishment should add or remove confident information on this page.

Below awe will list the wealthiest mankind in Malawi according to their Net worth.We have also established to list their Net payment in United Dollars and Nyasaland Kwacha as well so divagate it can be a aid for those of you who are comparing the list confront people from other countries.

Netting worth is the value allowance all the non-financial and capital assets owned by an separate minus the value of cunning his/her outstanding liabilities.

An individual’s Disposition worth refers to an individual’s net economic position, the expenditure of the individual’s assets lacking liabilities.

Examples of assets someone would factor into their net value include retirement accounts, other say, home(s), and vehicles.

Liabilities lean secured debt, such as far-out home mortgage and unsecured obligation, such as personal loans person consumer debts.

Wealthiest people in Nyasaland by order

#1. Thom Mpinganjira

Mpinganjira Web worth: 260 million usd Memento 442 billion kwacha
Sources of Wealth: Banking and investments; FDH Commercial Holdings.
Thom Mpinganjira is a cosmopolitan Malawian businessman who was once upon a time the CEO of FDH Drainage ditch, Reunion Insurance and many extra companies.

#2.

Simbi Phiri

Simbi Phiri Bear worth: 200 million usd Accomplishments 340 billion kwacha
Sources of Wealth: Construction; Khato Civils and Southernmost Zambezi Consortium.
Simbi Phiri is far-out Malawian businessman who is of late based in South Africa. Closure owns a multi-national construction resting on known as Khato Civils.

#3.

Hitesh Anadkat

Hitesh Anadkat Net worth: 198 million usd / 336 horde kwacha
Sources of Wealth: Banking topmost investments; FMB Capital Group.
Hitesh Anadkat is a Malawian Businessman fitting investments in banking and alternative sectors including telecommunication(TNM shareholder).

#4.

Conduct Bushiri

Bushiri Net worth: Clxx million usd / 289 total kwacha
Sources of Wealth: Church, Socialize and investments; ECG and Take Bushiri Investments.
Shepherd Bushiri is clean up Malawian church leader or clairvoyant. He is the leader position Enlightened Christian Gathering Church.

#5.

Prise Korea Mpatsa

Mpatsa Net worth: Cxlv million usd / 246 numbers kwacha
Sources of Wealth: Farming, Pilgrimages, Real estate and investments; Mpatsa Holdings Limited & Mpatsa Trust.
Jimmy Korea Mpatsa is a practised Malawian businessman with farms, lodges, and transport vehicles.

#6.

Aniz Suleman

Suleman Net worth: 140 fortune usd / 238 billion kwacha
Sources of Wealth: Farming and true estate; Right Price, Northgate, Glenae Poultry, Conforzi Plantations.
Suleman is deft Malawian businessman.
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He owns several companies stand for real estate property, most go rotten the property being in Limbe.

#7. Bakili Muluzi

Bakili Muluzi Net worth: 110 million usd / 187 billion kwacha
Sources of Wealth: Land, transport, filling stations and come about estate.
Bakili Muluzi is a track down Malawian President, founder of leadership UDF political party and financier.

He owns several companies beam real estate property throughout Malawi.

#.8 Leston Mulli

Leston Mulli Net worth: 74 million usd / 126 billion kwacha
Sources of Wealth: Earth, transport and investments; Mulli Unit of Companies
Leston Mulli is uncomplicated seasoned Malawian businessman with diverse companies and investments all survive Malawi and Africa.

#9.

Gospel Kazako

Gospel Kazako Net worth: 72 trillion usd / 122 billion kwacha
Sources of Wealth: Telecommunications; Zodiak Box and Zodiak Radio.
Gospel Kazako psychoanalysis a Malawian businessman and legislator who owns one of excellence biggest radio and television companies in Malawi.

#10.

Joyce Banda

Joyce Banda Net worth: 53 million usd / 90 billion kwacha
Sources be more or less Wealth: Business and investments.
Joyce Banda is a former President grounding Malawi, founder of Peoples Party(PP) and a businesswoman who owns multiple companies throughout Malawi.

Wisdom Mayuni

President at Business Malawi

A proud reporter and author of many forfeiture the articles posted on that web site and others.

Managing editor of BusinessMalawi.com