1. Manu Chandaria

 

With a net worth of $1.7 billion, Manu Chandaria is the richest man in Kenya. He is a Kenyan businessman of Indian origin.

In addition to being a senior member of the Comcraft Group of Companies, a billion dollar business that has a presence in more than 40 countries, he is on the boards of several prominent companies in East Africa.

He has won several awards in East Africa and internationally in recognition of his entrepreneurial efforts and is also a renowned philanthropist.

In 2003, Chandaria was awarded an Order of the British Empire (OBE) by Queen Elizabeth II. In December of the same year, he was awarded the Elder of the Burning Spear by former president Mwai Kibaki, one of the highest civilian honors in Kenya. He has been hailed as “one of Kenya’s leading industrialists”

 

2- Mama Ngina Kenyatta -$1 billion

We may have gone a little off topic but Mama Kenyatta deserves to be mentioned here.

Mama Ngina”, is the wife of the former President of Kenya. She is the widow of the country’s first president, Jomo Kenyatta (~1889–1978), and also the mother of President Uhuru Kenyatta.

In the 1970s, she and other high-ranking government officials were allegedly involved in an ivory smuggling business that transported the tusks out of the country on a private government plane.

The May 1975 issue of New Scientist referred to her as one of Kenya’s “ivory queens” but also claimed that they could not be absolutely sure that this claim was true.

However, New Scientist claimed that there was now documentary evidence that at least one member of the Kenyan royal family had shipped more than six tonnes of ivory to Red China.

 

 4. Bhimji Depar Shah – $ 900 million

Bhimji Depar Shah, is a businessman, industrialist and entrepreneur.

He is the founder and current chairman of the BIDCO Group of Companies, a family-owned industrial conglomerate based in Kenya with businesses in 13 African countries.

 

4-Naushad Merali -$600 million

Merali is the founder of the Kenyan mobile phone service company Kencell as well as the French media giant Vivendi.

As one of the leading industrialists in Kenya, Merali has brought commercial development to Kenya for over 30 years and is constantly expanding its businesses in East Africa.

 

  1. Uhuru Kenyatta $500 million

Uhuru Muigai Kenyatta is a Kenyan politician, businessman, and the fourth President of the Republic of Kenya.

He served as Member of Parliament (MP) for Gatundu South from 2002 to 2013. Currently, he is a member and leader of the Jubilee Party of Kenya.

 

  1. Chris Kirubi – $400 million

Christopher John Kirubi is a Kenyan businessman, entrepreneur and industrialist. He is a director at Centum Investment Company, a business conglomerate, in which he is the largest individual shareholder.

He chairs the following companies: DHL Express Kenya Limited, Haco Industries Kenya Limited, Kiruma International Limited, International House Limited, Nairobi Bottlers Limited, Sandvik East Africa Limited and 98.4 Capital FM.

He is also non-executive director of Bayer East Africa Limited, UAP Provincial Insurance Company Limited and Beverage Services of Kenya Limited

 

 

  1. Peter Munga – $300 million

Peter Kahara Munga is a businessman and entrepreneur in Kenya, the largest economy in the East African Community. He is the immediate past group chair of the Equity Bank Group, the largest bank holding company on the African continent, by customer numbers, with over 9.2 million customers.

 

April 4, 2024

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