7. Pius Ngugi
Source: Food Processing
Ngugi is the owner of the Kenya Nut Company, arguably East Africa’s largest nut processing company and one of the world’s largest exporters of macadamia and cashew nuts. Kenya Nut Company is renowned for its ‘Out Of Africa’ brand of Cashews, macadamia nuts, chocolates and teas. The company recorded $60 million in revenue in 2016. Ngugi is also the owner of coffee producer Thika Coffee Mills.
8. Kiprop Bundotich
Source: Milk
Bundotich is the founder of Kenya’s Buzeki Group of companies, Enterprises, a conglomerate that comprises of a leading logistics company in Kenya, an oil-trading firm, a heavy vehicle dealership and insurance agency. Buzeki Group was previously in the dairy business; in 2013 Bundotich sold his Buzeki Dairy business to the Kenyatta-family controlled Brookside Dairies for $15 million.
9. Paul Wanderi Ndung’u
Source: Retail
Paul Wanderi Ndung’u is the founder of Mobicom, Kenyan mobile phone retailer with over 85 stores across Kenya. Mobicom has annual revenues of a little over $50 million. Ndung’u also owns a 17% stake in Pevans East Africa, the company that owns and operates Sportpesa, Kenya’s leading sports betting website.
10. Narendra Raval
Source: Steel
Raval, a steel tycoon, is one of Kenya’s most successful entrepreneurs. He is the founder of Devki Group, a $650 million (annual revenues) Kenyan conglomerate that manufactures steel products, roofing sheets and cement.
Source: Forbes
