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Natie Kirsh Sells Jetro for $29.1 Billion to Sysco

4/1/2026

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Story summary
  • Nathan “Natie” Kirsh, a 94-year-old South African entrepreneur, sold Jetro Restaurant Depot to Sysco for $29.1 billion.
  • He founded Jetro in Brooklyn in 1976 and built a cash-and-carry model serving small restaurant owners, holding a 70% stake.
  • Jetro generated $16 billion in revenue last year.
  • Kirsh lives in Eswatini, has an estimated fortune of $7.3 billion, and supports small businesses and educational institutions there.