#Firstpost Malawi Gets Its First Billionaire | Firstpost Africa | Subscribe to Firstpost | N18G
Malawi is on the verge of a new milestone with banker Thom Mpinganjira emerging as the country’s first dollar billionaire. His fortune is tied to FDH Bank, where he controls a 40% stake through his firm M Development Limited. In 2024, the bank’s share price on the Malawi Stock Exchange skyrocketed by 365%, fuelling his wealth.
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Thom Mpinganjira | Malawi | Billionaire | Firstpost Africa | Alyson Le Grange | Africa | Global South | Geopolitics | Military Coup | Environment | Climate Change | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News
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