Kenya is a vibrant economy with several tycoons behind successful ventures in various parts of the world. Others are inherently rich in loyal families with decades of accumulated. Enlisted below are the richest people in Kenya and their latest net worth values.
The most affluent Kenyans are coincidentally the most powerful in business and national politics.
List of 25 richest people in Kenya
Let us rank at the richest families before proceeding to the richest individuals in the country.
How these families and personalities made their money is a source of inspiration to several upcoming investors.
Much of Moi’s wealth accumulated in his 24-year tenure as Head of State is spread over land and properties.
Additional investments include stakes at the Inter-Continental Hotel, Kabarak University, Kabarak High School, KTN, Equatorial Bank, First American Bank, Regent Management, and Fresh Produce Ltd.
2. Jomo Kenyatta Family
The family of Kenya’s founding father, Jomo Kenyatta, has a net worth of $2.5 billion.
Much of this wealth is invested in banking, real estate, telecommunication, energy, tourism, and transport.
Noteworthy investments include NCBA, Brookside, Beta Healthcare, Peponi School, and acres of land in various parts of the country.
3. Manu Chandaria Family
The family of Comcraft Group founder Manu Chandaria brags deep pockets with a net worth of $1.7 billion.
Comcraft Group is outstanding for initiating industrial engineering, steel, and aluminum production in at least 40 countries.
Besides, Chandaria family endeavors in philanthropy, and sponsorship of clinics and schools in various parts of the country.
4. Philip Ndegwa Family
The former economist and CBK governor Philip Ndegwa was the first citizen to bank a billion Kenyan shillings. His family is now valued at $1.2 Billion.
He owns huge stakes in the East African Spectra and Pan African Petroleum Industrial Services. In addition, postmodern mansions in Karen, Kisumu, and Mombasa.
15. James Mwangi
Equity Group CEO and MD, James Mwangi, has a net worth of $170 million.
He is a major stakeholder in the banking and real estate industries.
16. SK Macharia
SK Macharia with a net worth of $165 million is the founding owner of the Royal media Services
Samuel Kamau Macharia’s RMS firm houses Citizen Radio, Viu Sasa, and Citizen TV among other stations.
5 Richest women in Kenya
Wealth stats place the following women in the richest category.
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