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Hitesh Anadkat gains $1.69b from FMB Capital in 2025

Malawi’s richest man, Hitesh Anadkat, gained $1.69 billion in 2025 from his stake in FMB Capital Holdings as the bank’s shares climbed on the Malawi Stock Exchange. By year-end, the value of his holding reached $2.05 billion, placing him among Africa’s top business figures.The gains reflect investor confidence in FMB Capital, a regional lender expanding beyond Malawi. The group has delivered consistent earnings growth while extending its operati…
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Billionaires.Africa broke the news in on Thursday, January 8, 2026.
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