Leon Kirkinis, dubbed “one of the sharpest minds in banking,” transformed South Africa by making credit available to the poor. Leon Kirkinis also overestimated the risks, ruined his company, shook financial markets, and left many of his 3.2 million clients in debt.
Kirkinis co-founded African Bank Investments Ltd. in 1999 and grew it to become the country’s largest maker of non-collateralized loans. Leon Kirkinis resigned on August 6, the same day the company announced a record loss and the need for 8.5 billion rands ($790 million) to survive. Four days later, the South African Reserve Bank intervened to save what it could.
How much does Leon Kirkinis make per year?
Kirkinis’ salary per year is approximately 2.11 million rands.
What is Leon Kirkinis’s net worth?
Leon Kirkinis has an estimated net worth of R44.4 million.
Is Leon Kirkinis rich?
According to his salary and net worth, Leon is a rich man
What Car does Leon Kirkinis drive?
unfortunately, there is no information about the car he drives.
Does Leon Kirkinis own any properties?
Leon has a lot of properties, but he keeps them all private.
How did Leon Kirkinis make his money?
Kirkinis co-founded African Bank Investments, which enabled him to stand tall financially.
