LIST OF TOP RICHEST IN KENYA

This is the list that shows the top ten richest men in Kenya. It reveals their current net worth, source of wealth, and short biography about them. Wealth is calculated by the net worth of an individual, his or her value of all financial and non financial assets. The value of all liabilities owed by the individual, is deducted from the net worth.

The Moi Family

The Moi Family has interest in more than 8 different sectors. These includes agriculture, insurance, banking, and insurance. This family has an estimated net worth of $3 billion and over. The family wealth was accumulated when the late Daniel Arap Moi was the president of Kenya. The late president held the presidency for 24 years.

The Moi family owns some businesses such as The Standard Media Group, which comprise Kenya Television Network, Vybeez radio, Standard News Paper, Radio Maisha, and Spice FM.

Manu Chandaria

He is the second richest man in Kenya. He has accumulated a net worth of about 1.7 billion dollars. This Kenyan businessman has an Indian decent. He is currently the chairman and CEO of a Kenyan based steel and aluminum group Com craft.

Manu Chandaria owns the Comcraft company. This company deals with the manufacture of Steel and Aluminum Products in Africa. In 2015, the Comcraft company made more than 2 billion dollars in annual revenue. This company has about 300,000 employees in 3 continents.

The Biwott Family

The Late Nicholas Biwott was nicknamed as Total Man. He died in 2017. Biwott was a politician, businessman, and philanthropist. This great man had a large stake in the national milling corporation. He owned Premier Group of Companies, Barism investment, and Yaya center. He had a net worth of about $1.1 billion.

Mama Ngina Kenyatta

Mama Ngina Kenyatta is the wife to the late first president of Kenya, Jomo Kenyatta. He is the mother to the current President of Kenya, Uhuru Kenyatta. She has a net worth of $1 billion. Mama Ngina is the richest woman in East Africa. She has a large investment in real estate properties.

Bhimji Depar Shah

He is a Kenyan businessman who has a net worth of about $700 million. Bhimji is the current chairman of Bidco group of companies. He has businesses in 13 African countries. Bidco Africa is a manufacturer of fast moving consumer goods in East Africa. The Bidco company deals with soap production. It has edible oil refining companies.

Naushad Merali

Naushad Merali has a net worth of about $600 million. He is the founder of Kenceli, which is a Kenyan mobile service provider. Naushad is also the current chairman of Sameer group. The Kenyan conglomerate deals with construction, agriculture, finance and information technology. Naushad had shares in Airtel telecommunications.

Uhuru Kenyatta

Uhuru Kenyatta is the current president of Kenya. He is the son to the late first of Kenya, Jomo Kenyatta. As per now, he has accumulated a net worth of about 500 million dollars. He has invested in insurance, hotels and tourism, banking, education, and farming.