Hitesh Anadkat on track to become Malawi’s first billionaire as FMB stake nears $1 billion
Anadkat’s rising wealth is closely tied to the performance of FMB Capital, a Mauritius-based investment firm with a strong presence across Africa.
FMB Capital Holdings
Malawian banking mogul Hitesh Anadkat’s stake in FMB Capital is worth over $86 million
Anadkat has a significant 35.51-percent stake in the Port Louis-based company.
Malawian tycoon Hitesh Anadkat’s stake in FMB Capital Holdings gains $27.12 million in 89 days
The increase can be linked to gains in the group’s shares on the Malawi Stock Exchange.