Cash-and-Carry King Caps Second Act With $29 Billion Sale

The $29 billion sale of a business serving chefs and grocery store owners across the US marks the culmination of a tumultuous, seven-decade career for South African billionaire Nathan “Natie” Kirsh.

With the disposal of Jetro Restaurant Depot LLC, a cash-and-carry food wholesaler, Kirsh is monetizing the biggest asset in his family’s globe-spanning empire.