HomeBUSINESSList of 20 Most Richest People in Kenya in 2021

List of 20 Most Richest People in Kenya in 2021

This is the greatest list of some of Kenya’s most affluent people to date. Of course, this shortlist will just have Kenyan billionaires who reach a certain threshold, as there are many more millionaires in this country than just these rare names. So read on for which entrepreneurs assemble up the top 20 rich individuals in Kenya.

According to the current Cambridge Dictionary, a rich person is a perso who has a lot of money or beneficial possessions.
Kenya is the largest economy in the whole East Africa region, with a GDP of US$70.539 billion, and contains some of the top richest in Kenya.
In a report by Knight Frank unleashed last year, There are 42 billionaires in Kenya, also comprehended as ultra-high net worth people, worth over US$30 million each, which is equal to KSh3.07 billion.
The country has been rated fourth in the Knight Frank’s Wealth Report list of the African States” ultra-rich.
But the people detailed in this article are worth millions of dollars and have emerged on several rich people in Kenya. So here you will find the richest man in Kenya and the richest woman in Kenya.

List of Richest People in Kenya

This section will list the wealthiest individuals in Kenya according to their Net worth. Net worth is the weight of all the non-financial and financial assets an individual possesses minus the value of all their great liabilities.
An individual’s Net worth, or call wealth, refers to an individual’s net economic position, the value of the individual’s assets minus liabilities.
Illustrations of assets someone would factor into their net assets include retirement accounts, other investments, home(s), & vehicles. Liabilities include secure debt (such as a residence mortgage) and unsecured debt (consumer debt or private loans).
Typically immaterial assets such as educational degrees are not factored into net worth, even though such investments positively donate to one’s overall financial position.
Wealthiest people in Kenya by order
Here are the richest people in Kenya; some are dead, but their names still hold much repositioned to their kin.

Moi and Family

Moi and his family are among the nation’s most wealthy families, with an assessed net worth of $3 billion. In addition, they have several businesses and have financed in almost every place in Kenya. Moi’s worth is hard to track owing to its variety and secrecy, but unwarranted to say, at $ 3 billion, he is one of the richest fellows in Kenya and beyond.

Nicholas Biwott

Biwott possessed the prestigious Yaya Center, a landmark shopping centre in Nairobi at his end. He also possessed Air Kenya, among other experiences. His business dealings were in complete secrecy, making it hard to distinguish his net worth.
However, the Nigerian Venture magazine put Nicholas Biwott at $1 billion, making him one of the wealthiest men in Kenya and Africa.

Mama Ngina Kenyatta

Mama Ngina Kenyatta and ex powerful cabinet minister Nicholas Biwott emerged in Africa’s top billionaires in the Nigeria-based Experiences financial magazine.

The two are among the 55 African’s dollar billionaires in a checklist that includes two Kenyans, Naushad Merali & Manu Chandaria. The journal tips as the country’s richest and 25th most prosperous continent with a wealth of $1.65 billion (Sh142 billion).
Mama Ngina, the mother of Kenya’s 4th President, Uhuru Kenyatta, has a net worth of not less than $1 billion (Sh86 billion) applied in the real estate, banking, & hospitality sectors. She is among the three ladies that made it to Africa’s billionaire league.

Bhimji Depar Shah

He is the creator and current Chairman of BIDCO Group of Companies, a Kenya based, family owned manufacturing partnership with businesses in 13 African countries. He is one of the most richest people in Kenya, with an evaluated net worth of approximately US$700 million.

Naushad Merali

He was a businessperson and an industrialist Kenyan mobile service provider Kencell and the French media giant Vivendi. He schooled at the Highway Secondary School located in Nairobi.
Naushad Merali chairs Sameer Group, a Kenyan partnership active in agriculture, construction, information technology, property, and finance during his lifetime.
He was previously the chairman and largest individual shareholder of Bharti Airtel’s processes in Kenya, but in 2014 he sold his claims and stepped down from the company’s panel. His net worth is valued at around USD 550 Million.

Uhuru Kenyatta

Uhuru Kenyatta is among the most wealthiest persons in Kenya who has never seen trouble in his life. Before becoming the 4th president of Kenya, Uhuru Kenyatta operated his father’s wealth, acquiring his own in the process. As a result, he is one of the richest people in Kenya, with a total net worth of US$500 million.

Chris Kirubi

Kirubi was anperson with many attributes to his character and business life; Kirubi was a businessman, manufacturer, and philanthropist. He is the present chairman of Centum Investment Company Limited, in which he is the most significant individual shareholder. His net value is over US$300 million. He is also the East’s most prominent mall owner, and Central Africa was known as the Two Rivers Mall.

Manu Chandaria

Manilal Premchand Chandaria is the Comcraft Crew of Companies’ proprietor fabricating steel, plastic, and aluminum products.
Comcraft works in more than 11 African countries, Chandaria is also in the real estate enterprise, and his net worth is evaluated at around $270 million.

Atul Shah

Atul Shah was Born in slopes Nandi Hills Kenya, in mid-1961, grew up under severe conditions. He is the Managing chief and Chief Executive Officer of Nakumatt Holdings.
Nakumatt was one of the biggest privately-owned supermarkets in Kenya, Uganda, Tanzania, & Rwanda, which holds more than 7,000 empoyees on its paid list and with yearly sales of well over US$650 million.
His net worth is better than USD 290 Million. However, His wealth may be parachuting owing to the lowered trend of Nakumatt over the last few years.

Peter Kahara Munga

Peter Munga is the group director of the Equity Bank Group, one of the largest on the African mainland with a customer base of over 9.3 million. Munga’s net worth is above USD 280 Million, making him one of Kenya’s wealthiest men.

Raila Odinga

Raila Odinga is popularly known in Africa as the architect of Modern Democracy and Prime Minister also known as Baba. His net value is (US$250 million) and makes him one of the wealthiest persons in Kenya.

James Mwangi

James Mwangi is a businessperson, banker, Group Managing Director, & Group Chief Executive Officer of the Equity Group Holdings Limited. James Mwangi & his wife own Equity Group Holdings Limited and the British American Insurance Company Limited (Britam). This drives the family one of the richest in Kenya. The family’s name is on norch with a net worth of above US$170 million at a time.

S.K. Macharia Net Worth

S.K. Macharia is a businessman and media tycoon who owns numerous English, Kiswahili, & Vernacular stations Citizen TV/ Kiss/ Radio Jambo/ Ramogi/ and Muuga Chamge/, Inooro/ Bahari, and Wimwaro. These stations collectively make up The Royal Media company one of Kenya’s most successful media groups.
S.K has also attempted his hand in Agriculture, Real estate, Transport, & Banking. His total net worth is gauged to be $150 million. He is also said to be an all-rounder as his assets are found in all major leagues in Kenya.

Baloobhai Patel

Baloobhai Patel is a businessperson, entrepreneur, and philanthropist in Kenya. His assets include Transworld Safaris Limited’s stint company, which he completely owns and serves as the managing director.
He also performs as a non-executive director at Pan Africa Insurance, the biggest non-institutional shareholder. He also holds significant shareholding in Bamburi Cement/ Carbacid Investments/ Diamond Trust Bank Group/ Barclays Bank Kenya/ and Safaricom. In mid-July 2013, he was holding in NSE-listed businesses valued at KSh2.4 billion.

Titus Naikuni

Another one on our index of richest people in Kenya is Titus Naikuni. He is a mechanical engineer, businessperson, and corporate executive in Kenya. He has made a wealth and managed to be on the index of the wealthiest people in Kenya. He has a net worth of about $ 140 Million.

Joseph Wanjui

Joe Wanjui (Joseph Barrage Warui) is a businessperson and a political advisor. He is also the CEO of Unilever. In addition, he serves as the Chairman of UAP Holdings Limited and the Jockey Club of Kenya. Valued at USD 125 Million, many describe him as a most accomplished individual.

Bharat Thakrar

Bharat Thakrar is appreciated at USD 90 Million. Originator and CEO of Scan Group, East Africa’s most comprehensive marketing services, he is the company’s biggest shareholder. He is cherished to be US$$90 million in net worth.

Jane Wanjiru Michuki

She is a Kenyan Lawyer, Businesslady, and Investor. Jane Wanjiru is the managing director at Kimani and Michuki Advocates, a corporate law business based in Nairobi with vast customers all over the country. Her calculated net worth is $60 million.

Duncan Ndegwa

The asset calculation of Fina Bank Kenya is calculated to be approximately $ 171 million. He was the first African governor of the Central Bank of Kenya (CBK), Ndegwa, also performed as the first Kenyan African Chief of the Civil Service. His actual net worth is not comprehended but is sure to run into the millions of dollars.

Pradeep Paunrana

Parana is one of the wealthiest people in Kenya who is esteemed at USD 80 Million. He was born in mid-1959 and educated in Kenyan schools.
He devoured two years with software business in New York, where he gained US$40,000 annually & returned to Kenya in late 1984. He later teamed up with his dad in his business, comprehended as ARM Cement Limited, documented on the Nairobi Securities Exchange (NSE).
Stay in hint as we bring you the net worth of separately in the next post of Kenya’s most affluent people. Rather of the top ten wealthiest people in Kenya, we have offered you 20, not just Kenya’s top 10 wealthiest people.

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