⬅ # 423 John Collison|# 425 Ruan Liping

# 424 Nathan Kirsh 


Real Time Net Worth
as of 5/21/2024
$723.4k (0.01%)

# 424 Nathan Kirsh 


Real Time Net Worth
as of 5/21/2024
$723.4k (0.01%)
OccupationOwner, Jetro Holdings
Source of WealthRetail, Real Estate
ResidenceEzulwini, Eswatini (Swaziland)
Marital StatusMarried
EducationBS, University of Witwatersrand
Age-Adjusted Net Worth$774.04M
Nathan Kirsh
Nathan Kirsh
Eswatini (Swaziland)
Net worth: $6.75B

Self-Made Score 

Wealth History

Hover or tap to reveal net worth by year
Loading Chart


Early Life and Education

Nathan "Natie" Kirsh was born on 6 January 1932 in South Africa to Jewish parents who immigrated from Lithuania.
He grew up in Potchefstroom and attended Potchefstroom Boys High School.
Kirsh earned a Bachelor of Commerce from the University of the Witwatersrand in 1952.


In 1958, Kirsh launched his first venture, a corn milling and malt business in Eswatini.
In 1970, Kirsh acquired Moshal Gevisser, a South African wholesale food distributor.
He founded Jetro, a cash and carry store in Brooklyn, New York, in June 1976.
Kirsh acquired Restaurant Depot in 1994, which became sister businesses under Jetro Holdings.
Kirsh also acquired Magal Security Systems in the late 1970s, listing it on Nasdaq in 1993.
As of August 2018, Kirsh owned 75 percent of Jetro Holdings, operating about 115 Jetro Cash & Carry and Restaurant Depot stores.

Personal Life

Kirsh holds residency in Eswatini (Swaziland), the United Kingdom, and the United States.
He is married to Frances Herr and has three children.
He resides in Ezulwini, Eswatini.


Kirsh established the Kirsh Foundation, funding various charitable projects internationally.
His foundation financed 14,000 startups in Eswatini between 2001-2016, with a 70% success rate.
Kirsh funded a mission for humanitarian NGO IsraAID to aid with the COVID-19 vaccine rollout in Swaziland in 2021.
In Israel, his foundation focuses on financing business startups and computer education.
Kirsh donated $10 million to the Jerusalem Arts Campus and supports various educational and research initiatives.
He donated $8.8 million to the University of the Witwatersrand in Johannesburg in 2020.

Wealth and Business Holdings

The bulk of Kirsh's fortune comes from U.S.-based Jetro Holdings, owning 70% of the company.
Jetro Holdings supplies wholesale goods to bodegas, small stores, and restaurants in the United States.
Kirsh also holds equity and investments in Australia, Eswatini, the UK, the US, and Israel.
He holds various retail and property interests in Britain, the United States, Australia, and Eswatini.

How long would it take you to become as rich as Nathan Kirsh?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Nathan Kirsh's net worth of $6.75B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Nathan Kirsh is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Nathan Kirsh, Retail and Real Estate are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey