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Rasik Kantaria's FMB Capital slips below $1 billion
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Rasik Kantaria's FMB Capital slips below $1 billion
Just weeks after crossing a historic threshold, Kenyan billionaire banker Rasik Kantaria has seen the value of his stake in FMB Capital Holdings Plc slip back below the $1 billion mark, underscoring how quickly market sentiment can shift even after a landmark run. Kantaria, who became Kenya’s first dollar billionaire on paper late last year, was lifted there by a surge in shares of the Mauritius-based financial services group on the Malawi Stock…
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