It has not yet been made public how he Kirsh intends to finance this acquisition.

FORBES: South African Real Estate Tycoon Buys London's Tower 42 For $440 Million

Kirsh's charitable endeavors are focused on Swaziland, where he has supplied more than 10, 000 people with starter capital for small businesses.

FORBES: Nathan Kirsh

Nathan Kirsh debuts on the Forbes list of billionaires this year after decades of quietly investing in a diverse set of businesses.

FORBES: Nathan Kirsh

Kirsh is keen on philanthropy and focuses his philanthropic endeavors on Swaziland.

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His real estate holding company, Kirsh Holdings Group, owns extensive and extremely valuable residential and commercial properties in London, Australia and South Africa.

FORBES: South African Real Estate Tycoon Buys London's Tower 42 For $440 Million

Born in Swaziland, Nathan Kirsh derives his fortune from Jetro Holdings, which operates Jetro Cash and Carry stores and Restaurant Depots in the New York City area.

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And as Mark Kirsh, a British lawyer in Moscow, points out, Russians are making a logical calculation when they rely more on friends than on state agencies or courts.

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Kirsh told FORBES that Jetro has a near monopoly on the business of providing small stores in the New York City area -- other wholesalers don't deem them worth the time.

FORBES: Nathan Kirsh