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Africa Billionaires

Meet Thom Mpinganjira, the entrepreneur who has just been named Malawi’s first dollar billionaire

Meet Thom Mpinganjira, the entrepreneur who has just been named Malawi’s first dollar billionaire

Banker Thom Mpinganjira is now believed to be the richest person in Malawi and the only dollar billionaire in the Southern African country. His rise to billionaire status is due to an increase in his indirect stake in FDH Bank Plc. His investment firm, M Development, holds 55 percent of FDH Financial Holdings, which owns…

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