Hitesh Anadkats stake in FMB Capital surged to 738.85 million after shares jumped nearly 15 in just four trading days.
The billionaire businessman has gained over 170 million in under a month from FMB Capitals continued stock rally.
FMB Capital Holdings is up 107 year-to-date, making it one of the Malawi Stock Exchanges best-performing stocks in 2025.
Hitesh Anadkat , one of Malawis wealthiest businessmen, has seen the value of his stake in FMB Capital Holdings climb back to 700 million, following a sharp increase in the share price of the Mauritius-based financial group.
Anadkat owns 45.32 percent of the company, about 1.11 billion shares. Over just four trading days, the market value of his stake rose from MWK1.11 trillion 642.60 million to MWK1.28 trillion 738.85 million, adding 96.25 million to his portfolio.
This follows an earlier gain of 73.8 million recorded between June 6 and June 12 , when his stake jumped from 568.71 million to 642.83 million. Altogether, Anadkat has added over 170 million to his wealth in under a month.
Hitesh Anadkats wealth sees boostFMB Capital , founded by Hitesh Anadkat in 1995, has gradually built a strong presence across Southern Africa. From its base in Malawi, the banking group has expanded into Mozambique, Zimbabwe, Zambia, and Botswana. Its headquarters in Mauritius offer strategic access to regional markets and a regulatory environment that supports cross-border operations.
In the past week, FMB Capitals shares, listed on the Malawi Stock Exchange , have climbed nearly 15 percent, rising from MWK1,000.04 0.58 on June 27 to MWK1,149.83 0.66 at the time of drafting this report. This has lifted its market cap above 1.5 billion, making it one of the exchanges top performers. For Anadkat, the rally has added significantly to his wealth, cementing his reputation as one of Malawis richest business leaders.