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Top 10 Richest People In Kenya And Their Net Worth

November 18, 2015 by Kelly Davies 27 Comments

Kenya is one of the biggest economy in the east Africa and here are the top players in the Kenyan economy who are making things happen, not only in Kenya, but Africa in general. Here we present to you the top 10 richest people in Kenya and how much they are worth individually. This is the continuation post from the top 20 richest people in Kenya and their net worth.

10. S. K Macharia Net Worth | $150 Million USD

S. K Macharia is a businessman and media mogul , who owns numerous stations in both English, Kiswahili and Venacular that include Citizen TV, Kiss, Radio Jambo, Ramogi, Muuga, Chamgei,Iinooro, Bahari and Wimwaro.

S. K Macharia businessman and media mogul | Photo credit: nairobiwire.com
S. K Macharia businessman and a media mogul | Photo credit: Nairobiwire.com

He is also into Agriculture, Real estate, Transport and Banking His total net worth is estimated to be $150 million. He is in fact said to be an all rounder as his investments are found in all major companies in Kenya. Fondly known as the man with a short name. His net worth runs into millions of dollar.

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9. James Mwangi Net Worth | $170 Million USD

A businessman, banker, and the current Group Managing Director and Group Chief Executive Officer of the Equity Group Holdings Limited that boasts of the largest customer base on the continent of Africa.

James Mwangi, Group Mananging Director & Group CEO Equity Group Holdings Limited | Photo credit: kenyayetu.net
James Mwangi, Group Mananging Director & Group CEO Equity Group Holdings Limited | Photo credit: kenyayetu.net

He and his wife also own shares in stock of Equity Group Holdings Limited and British American Insurance Company Limited (Britam), making the family one of the wealthiest in Kenya.  The family’s name is on marble with  net worth of upward US$170 million at a time.

8. Raila Odinga Net Worth | $250 Million USD

Though highly controversial in nature which earned him a nick name (Agwambo) meaning the “Mysterious One”. He had so many political posts to his name which was no surprise because his family origin  -Luo tribe in Kenya- is indeed a key to political activities in Kenya.

Raila Odinga | Photo credit: Kenya-today.com
Raila Odinga | Photo credit: Kenya-today.com

Raila Odinga is popularly known in Kenya as the father of Modern Democracy in his country.  His net worth is (US$250 million)

7. Dr Manilal Premchand Chandaria Net Worth | $270 Million USD

Manilal Premchand Chandaria, is the owner of Comcraft Group of Companies that manufactures steel, plastic and aluminum products.

Dr. Manu Chandaria in an interview Havard Business School | Photo credit: hbs.edu
Dr. Manu Chandaria, in an interview with Havard Business School | Photo credit: hbs.edu

Comcraft operates in more than 11 African countries, Premchand Chandaria, is also into real estate business his net worth is estimated to $270 million.

6. Peter Kahara Munga Net Worth | $280 Million USD

He is the group chairman of the Equity Bank Group, one of the largest on the African continent with a customer base of over 9.3 million.

Equity bank board chairman Peter Munga
Equity bank board chairman Peter Munga

Peter Munga’s net worth is in excess of US$100 million, making him of one the richest man in Kenya.

5. Atul Shah Net Worth | $290 Million USD

Atul Shah is the Managing director and Chief Executive Officer of the Nakumatt Holdings Limited, the largest privately owned supermarket in Kenya, Uganda, Tanzania, and Rwanda which has in excess of 7,000 people in its paid list and with annual sales of well over US$650 million.

Atul Shah is estimated to worth $600 million | Photo credit: BBC
Atul Shah is estimated to worth $600 million | Photo credit: BBC

Born in Nandi Hills, Kenya in 1961, grew up under harsh conditions but managed to open a clothing business with his brother after the closure of their father’s business. Their business flourished and within a short while they diversified into general merchandise and even had enough to acquire their uncle business and paid off their father’s debt of KSh1.2 million debt.

4. Chris Kirubi | $300 Million USD

This is an an individual with many attributes to his personality and business life, Kirubi is a businessman doubled as industrialist and philanthropist.

Chris Kirubi enjoying his chess | photo credit: capitalfm.co.ke
Chris Kirubi enjoying his chess | photo credit: capitalfm.co.ke

He is the current chairman of Centum Investment Company Limited in which he is the largest individual shareholder. His net worth is over US$300 million.

3. Uhuru Kenyatta Net Worth | $500 Million USD

The son of Kenya’s first president, Jomo Kenyatta, Uhuru Kenyatta is one of the most privileged person in Kenya who had never seen hardship in his life. Uhuru is the current president of Kenya.

Kenya's President Uhuru Kenyatta. He is one of the richest person in Kenya | Photo credit: Reuters
Kenya’s President Uhuru Kenyatta. He is one of the richest person in Kenya | Photo credit: Reuters

Before becoming the president of Kenya, Uhuru Kenyatta was involved in managing his father’s wealth where he acquired his own in the process. He is one of the  richest people in Kenya with a total net worth of US$500 million.

2. Naushad Merali | $550 Million USD

This Kenya great son was born on the 01-01-1951 in Nairobi, Kenya. A businessman and an industrialist who is said to be the founder of Kenyan mobile service provider Kencell along with French media giant Vivendi. He schooled at the Highway Secondary School in Nairobi.

Naushad Merali, founder of the Kenyan mobile service provider Kencell | Photo credit: cio.co.ke
Naushad Merali, founder of the Kenyan mobile service provider Kencell | Photo credit: cio.co.ke

He made $20 million profit in one single business transaction in less than 2hrs at a time. Being one of the wealthiest residents in Kenya and operating numerous business ventures with the staggering net worth of US$550 million

1. Bhimji Depar Shah | $700 Million USD

A Kenyan businessman. The founder and current chairman of BIDCO Group of Companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries.

Bhimji Depar Shah | Photo credit: Forbes
Bhimji Depar Shah | Photo credit: Forbes

He is listed as one of the wealthiest people in Kenya his estimated net worth is approximately US$700 million. He is current the richest person in Kenya.

Filed Under: Celebrity, Net Worth Tagged With: Kenya

Reader Interactions

Comments

  1. Naomi Athieng says

    November 24, 2018 at 9:05 am

    hardwork pays…i will work hard like them

  2. oliver iko says

    November 22, 2018 at 8:28 am

    congrats great heroes,,,,,, but always share your secrets to success with people

  3. David Gerald. says

    November 19, 2018 at 10:01 am

    And where is the Moi family really,there must be a mistake.

  4. James Macharia says

    November 14, 2018 at 1:31 pm

    Encouraging

  5. James Macharia says

    November 14, 2018 at 1:29 pm

    Wise one

  6. taura says

    November 12, 2018 at 12:45 pm

    mali zote ni za mungu hakuna tajiri kuliko yeye.na zote tutaziwacha hapa

  7. wanyama says

    November 2, 2018 at 8:03 pm

    continue with your dreaming that the rich wont go to heaven as they employ you to accomplish their dreams if you cant realize yours

  8. Aakooh says

    November 1, 2018 at 10:55 am

    Riches is good But happiness is BETTER.

  9. caleb says

    October 31, 2018 at 5:07 am

    i am sorry. such people do not humble themselves before God. it takes wisdom to have humility.

  10. Mwaura says

    October 22, 2018 at 4:41 am

    Wish i can be busy niaje like em

  11. Nicholus Mbarikiwa says

    October 21, 2018 at 11:36 am

    Had they been arranged in order?? where’s jimmywanjiki jamani!! it’s very ironic!! williamruto ako wapi??” are they not qualified? am i in the same level with them?

  12. owiti Nicholas Okalo says

    October 21, 2018 at 10:43 am

    I love business but capital is the problem,hope wll rich there

  13. WAITHIRA says

    October 4, 2018 at 8:59 am

    THERE IS NO GLORY IN POVERTY. AND POVERTY CAN TAKE YOU TO HELL EASIER THAN WEALTH

  14. Gaitara says

    October 3, 2018 at 4:15 pm

    Wish we can do head count for the poorest people in kenya, its unworthy owing they stl live amongst over 30 million hungry kenyans.

  15. Edward Njenga Wanjiku says

    August 26, 2018 at 4:57 pm

    I wish i could be like Uhuru Kenyatta….will be happy and humbling before God and people of Kenya

  16. Benedict says

    August 22, 2018 at 5:02 pm

    I really one day to be like Uhuru kenyatta

  17. Emmanuel Murunga says

    August 20, 2018 at 3:02 pm

    wait mine is still loading…..give me approximate of 10-15 years, and i will be counted as one of the richest people in Africa and the world not only Kenya….so therefore watch the remaining space of my life!!!!

  18. Kiragu says

    August 19, 2018 at 10:01 pm

    Woow soon I will be listed

  19. fredrick ochieng opiyo says

    August 11, 2018 at 9:44 am

    hardwork pays keep up men mmmmwaa! i love that no woman so far have appear there

  20. Benard Kibet says

    August 8, 2018 at 8:32 pm

    True!

  21. Moses says

    August 8, 2018 at 4:53 pm

    blessings

  22. David karanja says

    July 29, 2018 at 8:20 pm

    what about the case of Moi and Jimmy Wanjigi??

  23. MACHARIA says

    July 14, 2018 at 2:34 pm

    ITS HARD FOR RICH PEOPLE TO REACH HEAVEN

  24. Muriithi says

    July 16, 2017 at 6:04 am

    What bout muriithi??????

  25. Jack says

    June 25, 2017 at 9:11 pm

    Moi beats them all….Thief!

  26. Richard Nams Okechi says

    June 12, 2017 at 12:30 pm

    i wish one day i will be like the ceo bidco

  27. Solomon omondi says

    April 23, 2017 at 9:51 am

    I love being a business man

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