The Namibia Stock Exchange, known as the NSX, is a compact market with an outsized profile because it hosts both local champions and heavyweight cross listings tied to regional and global capital flows. It is not a place where every counter trades every day, but when the big names move, the wealth effect is real, especially for insiders with long dated positions.
In the past year, the broad NSX market has been firmer, helped by stronger risk appetite across southern Africa, steadier bank earnings, and the lift that comes through cross listed resource names when commodities behave. The result is that a handful of local counters have continued to concentrate wealth in the hands of a small group of founders, executives, and boardroom power brokers.
What follows is a ranking of the 10 richest individual investors on the NSX in 2026, based on disclosed shareholdings in key Namibia listed companies and valued using the most recent available prices, converted into US dollars. These are equity stakes, not total personal wealth, and they can move quickly with the tape.
