8. Chris Kirubi and his family – $400 Million
Before his death on 14th June 2021, Chris kirubi maintained the position of one of the richest men in Kenya.
He is an erudite businessman, entrepreneur, and industrialist who seeks to create wealth by involving in businesses. He was a director at centum investment. He chaired:
- DHL Express Kenya Limited
- Haco Industries Kenya Limited
- Kiruna International Limited
- International House Limited
- Nairobi Bottlers Limited
- Sandvik East Africa Limited
- 98.4 Capital FM.
He is number eight on our list of the 2023 top ten richest people in Kenya. He had a combined net worth of about 400 million dollars Sadly, he just died mid-year 2021 at the age of 80.
7. Uhuru Kenyatta – $500 Million
Having come from a wealthy family, Uhuru Kenyatta has been living comfortably right from little. He managed his father’s wealth in billions of dollars where he seems to have also acquired his wealth.
He is the current president of Kenya and has an accumulated net worth of about 500 million dollars.
He has been president since 2013 and he has businesses that cut across sectors such as insurance, hotels and tourism, banking, education, farming, etc.
6. Naushad Merali – $600 Million
Nashad Merali with an estimated net worth of 600 million dollars is the 6thrichest person in Kenya. He is a businessman and the founder of Kencell – a Kenyan mobile service provider.
He is also the chairman of Sameer group, a Kenyan conglomerate that is active in construction, agriculture, finance, and information technology.
Naushad was a major stakeholder in Airtel telecommunications and was a member of the board before he sold his shares and stepped down from being a board member. He still retains his position among the richest people in Kenya and is famous across Africa.
5. Bhimji Depar Shah-$700 Million
Bhimji Depar Shah is a Kenyan businessman with a net worth of about 700 million dollars.
He is the chairman of Bidco group of companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. BIDCO Africa is East Africa leading manufacturer of fast-moving consumer goods(FMCG).
BIDCO deals with soap production etc and had also include edible oil refining as part of their business. Bhimji’s son, Vimal serves as the CEO of the company. In 2019, the BIDCO Africa group completed and launched a 200 million dollars industrial park. Bhimji is the fifth richest man in Kenya.