WEALTHIEST PEOPLE IN KENYA
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Moi and Family
Moi and his family are among the country’s most affluent families, with an estimated net worth of $3 billion. They have several companies and have invested in almost every niche in Kenya. Moi’s wealth is hard to track owing to its diversity and secrecy, but needless to say, at USD 3 billion, he is one of the richest men in Kenya and beyond.
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Nicholas Biwott
Biwott owned the prestigious Yaya Center, a landmark shopping center in Nairobi at his death. He also owned Air Kenya, among other ventures. His business dealings were in total secrecy, making it hard to determine his net worth.
However, the Nigerian Venture magazine placed Nicholas Biwott at $1 billion, making him one of the richest men in Kenya and Africa.
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Mama Ngina Kenyatta
Mama Ngina Kenyatta and former powerful cabinet minister Nicholas Biwott appeared in Africa’s top billionaires in the Nigeria-based Ventures financial magazine.
The two are among the 55 Africa’s dollar billionaires in a list that includes two Kenyans, Naushad Merali and Manu Chandaria. The magazine tips as the country’s wealthiest and 25th most prosperous continent with a fortune of $1.65 billion (Sh142 billion).
Mama Ngina, the mother of Kenya’s fourth President, Uhuru Kenyatta, has a net worth of $1 billion (Sh86 billion) spread in the real estate, banking, and hospitality sectors. She is among the three women that made it to Africa’s billionaire club.
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Bhimji Depar Shah
He is the founder and current Chairman of BIDCO Group of Companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. He is one of the wealthiest people in Kenya, with an estimated net worth of approximately US$700 million.
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Naushad Merali
He was a businessman and an industrialist Kenyan mobile service provider Kencell and French media giant Vivendi. He schooled at the Highway Secondary School in Nairobi.
During his lifetime, Naushad Merali chairs Sameer Group, a Kenyan conglomerate active in agriculture, construction, information technology, property, and finance.
He was formerly the chairman and largest individual shareholder of Bharti Airtel’s operations in Kenya, but in 2014 he sold his shares and stepped down from the company’s board. His net worth is valued at USD 550 Million.
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Uhuru Kenyatta
Uhuru Kenyatta is one of the richest people in Kenya who had never seen hardship in his life. Before becoming the president of Kenya, Uhuru Kenyatta was involved in managing his father’s wealth, where he acquired his own in the process. He is one of the wealthiest people in Kenya, with a total net worth of US$500 million.
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Chris Kirubi
Kirubi was an individual with many attributes to his personality and business life; Kirubi was a businessman, industrialist, and philanthropist. He is the current chairman of Centum Investment Company Limited, in which he is the largest individual shareholder. His net worth is over US$300 million. He is also the East’s biggest mall owner, and Central Africa was known as Two Rivers Mall.
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Manu Chandaria
Manilal Premchand Chandaria is the Comcraft Group of Companies’ owner that manufactures steel, plastic, and aluminum products.
