Here are the top 10 list of the richest people in Malawi.
Who Is The Richest Person In Malawi Today?… Malawi is one of the poorest countries in Africa, but recently their economy has been going with the emergence of millionaires.
Most people have claim that pastor bushiri the founder of prophet bushiri ministries is the richest. But the question is how much does he really worth.
Prophet shepherd bushiri ministries may top the list but who is the richest person in Malawi? Some people have mentioned Jimmy Korea Mpatsa, Thom Mpinganjira, Sidik Mia, Leston Muli, Joyce Banda but really is malawi richest man? the richest person in malawi.
Prophet Shepherd Bushiri, the founder of prophet Bushiri ministries is the richest man in Malawi 2018.
Estimated Networth: K99.7 Billion
Source Of His Wealth: Evangelism, Education, Telecommunication & Farming
1- Aniz Suleman- K135 billion….owner of Right Price, Northgate, Southgate, Glenae Poultry, Chiperoni Blankets, Glenae Feed Company, Conforzi Plantations, He owns 50% of buildings in Limbe.
2- Nyiombo – K58 billion, He owns a fertilizer company.
3- Ninkawa – K52 billion, he owns 350 trucks in the Ninkawa transport Company.
4- Peter Mutharika – K48 billion his money was found through his brother Bingu.
5- Elson Bakili Muluzi – K47.8 billion he has many business partnerships and also stole donor money when he was president
6- Rashy Gaffer- K42 billion….He has transport company, he always say he is using money generated by his father, currently he uses moneythat was generated by his father and that his money will be used by his grandsons.
7- Joyce Banda – K38
billion obtained from the cashgate and other businesses
8- Leston Mulli – K35 billion, he is Chairman of the Mulli Group of Company.
9- George Scodiss – K32 billion, he owns the Kamponji Group
10- Osward Lutepo – K28 billion, he owns the OG Group and he obtained some money through cashgate.
11-Mark Katsonga Phiri – K27 billion, he owns Axa fleet, Ampex, AGMA and other four companies
12- Roy Kachali – K25 billion – he obtained much money through stealing that he did with his mother Joyce Banda.
13- Mohammed Sidik Mia – K24.8 billion, he owns a farm of 2500 cattle and runs the cold storage.
14- Paul Mphwiyo – K23 billion, cashgate and corrupt practices in government made him rich
15- Chris Patel – K21 billion – owner of Farmers World, Agora, Demeter Seed and Malawi Fertilizer company.
The list was compiled with the help of information supplied by banks.