MALAWI’S MOST WEALTHIEST PEOPLE

Categorized in that order

1. Thom Mpinganjira

Mpinganjira Net worth: 220 million usd 172 billion kwacha.

Sources of Wealth: Banking and investments; FDH Financial Holdings.

Thom Mpinganjira is a seasoned Malawian businessman who was once the CEO of FDH Bank, Reunion Insurance and many other companies.2. Simbi Phiri

2. Simbi Phiri

Simbi Phiri Net worth: 190 million usd / 149 billion kwacha

Sources of Wealth: Construction; Khato Civils and South Zambezi Consortium.

Simbi Phiri is a Malawian businessman who is currently based in South Africa. He owns a multi-national construction company known as Khato Civils.

3. Shepherd Bushiri

Bushiri Net worth: 140 million usd / 109 billion kwacha

Sources of Wealth: Church, Tourism and investments; ECG and Shepherd Bushiri Investments.

Shepherd Bushiri is a Malawian church leader or prophet. He is the leader of Enlightened Christian Gathering Church.

4. Jimmy Korea Mpatsa

Mpatsa Net worth: 138 million usd 108 billion kwacha

Sources of Wealth: Farming, Tourism, Real estate and investments; Mpatsa Holdings Limited & Mpatsa Trust.

Jimmy Korea Mpatsa is a seasoned Malawian businessman with farms, lodges, and transport vehicles.

5. Aniz Suleman

Suleman Net worth: 136 million usd / 107 billion kwacha.

Sources of Wealth: Farming and real estate; Right Price, Northgate, Glenae Poultry, Conforzi Plantations.

Suleman is a Malawian businessman. He owns several companies and real estate property, most of the property being in Limbe

6. Bakili Muluzi

Bakili Muluzi Net worth: 103 million usd / 80 billion kwacha

Sources of Wealth: Farming, transport, filling stations and real estate.

Bakili Muluzi is a former Malawian President, founder of the UDF political party and businessman. He owns several companies and real estate property throughout Malawi.

7 Leston Mulli

Leston Mulli Net worth: 78 million usd / 61 billion kwacha

Sources of Wealth: Farming, transport and investments; Mulli Group of Companies

Leston Mulli is a seasoned Malawian businessman with multiple companies and investments all through Malawi and Africa.

8. Gospel Kazako

Gospel Kazako Net worth: 68 million usd 53 billion kwacha

Sources of Wealth: Telecommunications; Zodiak TV and Zodiak Radio.

Gospel Kazako is a Malawian businessman and politician who owns one of the biggest radio and television companies in Malawi.

9. Joyce Banda

Joyce Banda Net worth: 51 million usd / 40 billion kwacha

Joyce Banda is a former President of Malawi, founder of Peoples Party(PP) and a business woman

Sources of Wealth: Business and investments.