Top 10 Richest People in Kenya

nngu007

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Aug 2, 2010
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Nov 9th 2014

1. Moi & Family

Moi’s Family is regarded as the top richest not only in Kenya but in the whole of East and

Central Africa. This family has properties distributed all over the World. Credible sources
disclose the former President’s last born; Gideon Moi has interest in Maritime, Kent ship,
Sielei properties Ltd, Giant Forex Bureu, Revak Ltd, Giant Holdings, Sudbury Ltd, Westfield
International, Metipso Services Ltd, and Homestead Enterprises. He also owns 2 properties
in London held in trust, more in South Africa. Generally the family itself has interest in
Fresh Produce Ltd, Chemusian Company, Signon Freight, Eagles Airlines, Car Track
Kenya Ltd, Equatorial Bank and American Bank.

Other sources report that Moi owns Mugoya construction, Asian Roses, First Force

Security Company, Equity Stock Brokers, Safariland Club, Taurino Enterprises, Regent
Management and Giro Bank. And to think there is an end, Moi still owns Paradise Holdings,
Gateway Properties inc, Hahuru Investors, Sheraton Holdings, Concord Holdings, Ectar
Kenya Ltd and Tiger Farm Ltd. Moi has also invested in the education sector like the Moi
High School and Kabarak University. And in land ownership, Moi is placed 2nd just after
the Kenyatta Family.


Philip Moi another of Moi’s son has a wealth estimate of approximately Ksh 52 Billion and
also controls much more property compared to his younger brother Gideon. To summarize,
if all of Moi’s wealth is to be mentioned it would cover a booklet, its easy to see why he is
mentioned as one of the richest in Kenya


2. Nicholas Biwott

He is commonly known by his nick-name as the -Total man. Biwott comes in second in this

list just after Moi; he is a very skillful Business-man. He was able to accumulate power and
establish an enviable business domain touching almost all the sectors of the country’s economy.

The sectors include: mining, tourism, real estate, air transport,
telecommunications, agriculture, construction and energy.

He generally imports fuel and then sells to the local distributors. Tel Aviv one of the biggest

hotels in Israel owned by Mr Biwott. He also owns the biggest ranch in Australia (about
1000 ha). Biwott owns so much that you’ll fill a whole page to list all his possible investments.

3. Kenyatta Family


Kenyatta is the founding father of the Kenyan Nation. Credible sources say that the family
owns a land equivalent to the Nyanza province. They have managed to invest in Agriculture, Mining, Tourism, Insurance, Telecommunication, Energy, Real estate and banking.

Just like Biwott, they own the Biggest Insurance company based in Germany, they

also own some Jewellery shops located in France, more Modern properties in U.S.A and
Britain. And the famous Brookside. Credible sources reveal that the Kenyatta’s are worth
Ksh 130 billion or more.

4. Joshua Kulei

Joshua Kulei was the ex- President Moi’s personal personal assistant. He owns CFC Bank,
Trade World Kenya, CMC Holdings, Ngata Flower Farm and Sian roses. He has interest in
Kenya Television Network, Bamburi Cement Kenya Aerotech Ltd, National Milling Company
and Signon Freight. Kulei has properties in Lavington, Nakuru and Karen.

5. Njenga Karume


This is the 5th richest guy in the whole of Kenya. He is known as the self made billionaire,

started out as a charcoal seller. Later opened up a restaurant and rose to be a billionaire.
Pure hard work, he has invested in Tourism, Banking, Insurance, Real Estate and Agriculture.


6. Phillip Ndegwa Family

Regarded as a family with well distributed assets, the family has invested in industry,
banking, air transport, agriculture, and e.t.c. He is the 6th richest and its worth over Ksh 118 billion.


7. Simeon Nyachae

He is the 7th richest guy in Kenya. He started out with a small bakery and through Sansora

holdings he has been able to accumulate billions. He has investments in Banking,
Telecommunication, Transport, Industry and Agriculture. He is worth over Ksh 115 billion.

8. Manu Chandaria


He comes 8th on our list of top 10 richest people in Kenya ; he has investments in

Insurance, Industry, Transport, Telecommunication, Real estate and Banking. His net worth
is over Ksh 114 billion

9. S.K. Macharia


Mr. Macharia has investments in Agriculture, Real Estate, Transport, Banking and

Telecommunication. This guy is worth over Ksh 112 billion.

10. Emilio Mwai Kibaki


And to the 10th position comes former president of Kenya. Mr. Kibaki has investments in

Banking, Agriculture, Telecommunication, Insurance and Tourism. His net worth is estimated to be over Ksh 110 billion.



source; BUZZKENYA





 
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