…Tycoon's wealth increased by 46% after historic deal worth $29 billion

South African billionaire Nathan Kirsch has overtaken Nigeria's Abdul Samad Rabiu as Africa's fastest wealth creator in 2026, after a landmark $29.1 billion deal boosted his fortune and reshaped the continent's billionaire rankings. Data compiled by BusinessDay from the Bloomberg Billionaires Index shows Kirsch's net worth increased by 46.2 percent between February 20 and June 8, making him the biggest wealth gainer among Africans tracked by the index during the period. J

…Tycoon's wealth increased by 46% after historic deal worth $29 billion

South African billionaire Nathan Kirsch has overtaken Nigeria's Abdul Samad Rabiu as Africa's fastest wealth creator in 2026, after a landmark $29.1 billion deal boosted his fortune and reshaped the continent's billionaire rankings. Data compiled by BusinessDay from the Bloomberg Billionaires Index shows Kirsch's net worth increased by 46.2 percent between February 20 and June 8, making him the biggest wealth gainer among Africans tracked by the index during the period. J

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