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Eswatini Billionaires: Meet The Top 10 Richest Men In Eswatini

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Let’s be honest, when most people hear “Eswatini” (formerly Swaziland), they think of traditional ceremonies, scenic hills, or maybe the fact that it’s one of Africa’s last absolute monarchies. But what many don’t know is that this small but mighty kingdom is also home to some heavyweight billionaires and millionaires who are not playing when it comes to stacking cash.

Now, this post isn't about throwing shade or making you question your hustle (okay, maybe a little). It’s just one of those real-life wake-up calls that remind us that money doesn’t care how small your country is—if you know how to multiply it, the zeros will line up like soldiers on parade.

So, buckle up, because we’re going on a VIP tour into the wallets of the top 10 richest men in Eswatini. And trust me, some of these guys aren’t just rich—they’re rich rich.



1. Nathan “Natie” Kirsh – $7.3 Billion

Eskweini’s billionaire kingpin—Nathan Kirsh—is a name that makes jawaches drop. Born in South Africa, he now lives in Eswatini and heads the Kirsh Group. This sprawling investment empire includes a 75% stake in Jetro Holdings (Jetro Cash & Carry, Restaurant Depot), plus huge real estate assets like London’s Tower 42 and Australia’s Birkenhead Point. His wealth is estimated at $7.3 billion as of April 2025.

A Redditor once said:

“Only one billionaire… Net worth $5.3 billion—percentage of country's GDP: ~112%.”
Imagine owning more than a whole nation’s output. Eh!


2. King Mswati III – $550 Million

Next door is royal wealth. King Mswati III holds absolute power and controls Tibiyo TakaNgwane, a sovereign investment fund with stakes across sugar, mining, property, hospitality, media, beverages, and more. His personal net worth is pegged at around $550 million in 2025.

Despite being poverty-plagued, the king’s lifestyle is full-glam: private jets, luxury cars, and multiple palaces.


3. Themba Dlamini – $410 Million

A man of sugar—Themba Dlamini made his fortune from large-scale sugar plantations and agro-processing. He supplies both local and international markets and employs many. That sugar hustle is worth around $410 million.


4. Sibusiso Simelane – $390 Million

From real estate to green energy, Sibusiso Simelane is a retail and property mogul who also invested in renewable energy. With a chain of supermarkets and solar projects, he’s worth about $390 million.


5. Mandla Mamba – $360 Million

Banking, insurance, and real estate—Mandla Mamba built his empire on financial services and property. With investments spanning commercial developments in Mbabane and Manzini, his net worth is estimated at $360 million.


6. Jabulani Dlamini – $340 Million

The textile king. Jabulani Dlamini transformed Eswatini into a regional hub for fabrics and garments. With factories and export deals, he’s raked in around $340 million.


7. Thulani Maseko – $300 Million

Mining mogul Thulani Maseko has his hands in gold, coal, and quarry businesses. He also invested in logistics infrastructure. His mining deals and haul operations bring his net worth to $300 million.


8. Phesheya Ndlovu – $270 Million

Agriculture is another goldmine. Phesheya Ndlovu owns vast farms and runs one of Eswatini’s most successful agribusinesses. From livestock to produce, he’s worth an estimated $270 million.


9. Sipho Magagula – $240 Million

The tourism king. Sipho Magagula owns luxury lodges, eco-resorts, and hospitality ventures rooted in Eswatini’s natural beauty. That earns him a comfortable $240 million.


10. Nkosinathi Dube – $220 Million

Renewable energy pioneer Nkosinathi Dube led the way in solar farms and infrastructure upgrades. From power to distribution, his ventures bring in about $220 million.


11. Bongani Zwane – $200 Million (Honorable Mention)

Rounding off the list is Bongani Zwane, who has diversified into construction, logistics, and property development. His major building projects turn into hefty profits—earning him an estimated $200 million.


Summary Table: Top 10 Richest Men in Eswatini (2025)

Rank Name Estimated Net Worth Primary Industries
1 Nathan "Natie" Kirsh $7.3 Billion Retail, Real Estate, Global Investments
2 King Mswati III $550 Million Royal Fund (Tibiyo), Sugar, Real Estate
3 Themba Dlamini $410 Million Sugar Farming & Processing
4 Sibusiso Simelane $390 Million Retail, Real Estate, Renewable Energy
5 Mandla Mamba $360 Million Banking, Insurance, Real Estate
6 Jabulani Dlamini $340 Million Textile Manufacturing & Export
7 Thulani Maseko $300 Million Mining (Gold, Coal), Logistics
8 Phesheya Ndlovu $270 Million Agriculture & Livestock
9 Sipho Magagula $240 Million Hospitality & Tourism
10 Nkosinathi Dube $220 Million Renewable Energy & Infrastructure

Final Thoughts: Money, Power, and Strategy in a Small Kingdom

So what can we take from all this?

  • First, wealth doesn’t need a big city or a big population—it needs big ideas and bigger connections.

  • Second, Eswatini’s economy might be small, but its wealth distribution tells a big story—one where monarchy, legacy, and smart investing collide.

  • And third, whether you're running a retail chain, managing a sugar empire, or born into a royal bloodline, the hustle is real.

If you're dreaming of becoming the next billionaire in your country (or kingdom), just know it’s possible. Start small, think smart, and who knows? You might just find yourself sipping coffee next to Nathan Kirsh on a private jet one day.

Until then, keep working, keep learning, and don’t forget to save—not just screenshots of these moguls, but also some real naira (or lilangeni).