Nathan Kirsh
| Nathan Kirsh | |
|---|---|
| Born |
6 January 1932 Potchefstroom, South Africa |
| Residence | London, United Kingdom |
| Nationality | Swazi |
| Education | Potchefstroom Boys High |
| Alma mater | University of Witwatersrand |
| Occupation | Property developer |
| Net worth | US$3.7 billion |
| Spouse(s) | Frances Herr |
| Children | 3 |
Nathan Kirsh (born 6 January 1932) is a business magnate born in Potchefstroom, South Africa, with a property empire spanning Australia, Swaziland, and the UK. He has Swazi citizenship, and according to Forbes he is the wealthiest person in Swaziland, and the 435th wealthiest person in the world as of 2015. He also has residency status in the UK and the US.
Kirsh grew up in Potchefstroom, where he attended and matriculated from Potchefstroom Boys High in 1949 before obtaining a Bachelor of Commerce at the University of Witwatersrand and a Honorary Doctorate of Law at the University of Swaziland.
Kirsh left South Africa permanently for Swaziland in 1986 after a business partnership between his company, Kirsh Industries, and Sanlam, one of South Africa’s leading financial services groups, unravelled.
His main holding group, Kirsh Holdings Group, owns Swazi Plaza Properties – his biggest interest in that country – in a 50/50 partnership with the government-owned Swaziland Industrial Development Company (SIDC).
Kirsh owns Ki Corporation, a Liberian-domiciled company held by the Eurona Foundation. The Eurona Foundation is a trust organised in Liechtenstein. Kirsh and Prince Michael von Liechtenstein are the two trustees of the foundation. The Eurona Foundation also majority owns (84.5%) another of Kirsh’s companies, Mira Mag, which in turn owns a significant stake in Israeli security company, Magal Security Systems.
Through Kifin Limited, part of Ki Corporation, Kirsh holds a 29.9% stake in London-based property developer Minerva. Kirsh recently made British headlines for an attempted takeover bid of Minerva, although he pulled out in early January 2010. “The offer was made at 50p a share in cash, valuing Minerva at about £85m, and needed 50 per cent of stock.” However, the offer was considered to undervalue the company.
Kirsh’s companies are registered in tax havens such as the British Virgin Islands and Liberia, listed on the Organisation for Economic Co-operation and Development’s tax-haven "Grey list".
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Wikipedia