Kalonzo Musyoka: I am worth around Sh50 million only

Former Vice President and current leader of the Wiper Party Kalonzo Musyoka has claimed that his net worth is around Sh50 million.

Kalonzo said this when he appeared at a breakfast show that was hosted by the Nation Media Group’s NTV.

In the show, Kalonzo was cornered with a question on what his net worth is. It was this question that led to the Wiper Party leader to disclose that he was only worth between Sh50 million and Sh60 million.

“How much are you worth?” Kalonzo was asked. He described the question as tricky and then went on to state that he didn’t have the figures at the moment, but that he had last filed in 2022 with the Speaker of the National Assembly when he was intending to run for presidency.

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Mr. Musyoka then said that in 2022, he was worth an estimated Sh50 million. In the discussion, he concurred that the amount could come to around Sh55 million or Sh60 million when adjusted for inflation.

“I have been out of public office for fifteen years and I currently rely on pension,” he said.

Kalonzo Musyoka was born in Tseikuru, in a remote part of Mwingi District (then part of Kitui District) in Kenya’s Eastern Province. Between 1960 and 1967 he studied at Tseikuru Full Primary School to attain basic education.

Then he went to Kitui High School in Kitui for the ordinary level and eventually to Meru School in Meru from where he graduated in the advanced level in 1973.

Kalonzo Musyoka graduated with a Bachelor of Law degree from the University of Nairobi in 1977. He continued further studies at the Kenya School of Law in 1978 where he was awarded a Post graduate diploma in Law.

In 1979, he attended the Mediterranean Institute of Management in Cyprus where he earned a post graduate Diploma in Business.

In 2009, he was awarded an honorary doctorate in divinity among other 17 beneficiaries at the Charter hall in Nairobi. This was one of the “honorary professorships and doctorate degrees” that were issued by Professor Clyde Rivers, the International Commissioner of the Latin University of Theology, based in Inglewood, California.

READ MORE: Ruto in secret JKIA deal with controversial Zimbabwean man 

On 19 December 2008, Kalonzo Musyoka was honoured with a Doctorate in Humane Letters (honoris causa) in recognition of his achievements in peace making, conflict resolution efforts, sustainable community development and humanistic ideals by Kenyatta University during its 25th graduation. Named African Dignitary Man of the year 2016.

In July 2020, Kalonzo was among 24 advocates who former President Uhuru Kenyatta bestowed the rank of Senior Counsel.

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