Richest families in Kenya: Not many Kenyans feature in the Top Billionaires list in the world. But this doesn’t mean that there aren’t moneyed individuals and families in Kenya. Here is the list of wealthiest families currently:
MOI’S FAMILY
Moi’s Family is considered to be among the Richest families in East and central Africa. Their property is spread all over the World. High placed sources revealed to us that retired President Moi’s last born son, Gideon has interest in Kent ship, Maritime, Sielei properties Ltd, Giant Holdings Ltd, Revak Ltd, Sudbury Ltd, Sudbury Investments, Giant Forex Bureau, Westfield International Ltd, Chesco Ltd, Homestead Enterprises, Metipso Services Ltd and Maternity.
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The Family has also interest in Eagle Airlines, Chemusian Company, Fresh Produce Ltd, Signon Freight, Car Track Kenya Ltd, First American Bank, Equatorial Bank, The sasine group of farms and cable & wireless.
Believe it or not in the duty-free company, Tobacco farm in Malawi, Chester House and Safaricom you’ll get the Moi’s are the engineers. More reports show that Moi’s own Asian Roses, Mugoya Construction, Equity Stock Brokers, First Force Security services, regent management, Giro Bank and Taurino Enterprises and Safariland club.
Gideon alone has two properties in London which are held in trust, including others in South Africa.
Philip Moi, another son of Moi has an estimated wealth of approximately Ksh 52 Billion and controls more property than his brother Gideon. As if that’s not all Moi further owns Gateway Properties Inc, Paradise Holdings, Sheraton Holdings, Hahuru Investors, General Commodities Dealers, Kiharu Investors, Concord Holdings, Panafion Engineering, Tiger Farm Ltd and Ectar Kenya Ltd.
Besides all Philip Moi is a close friend of Prince Hamid of Brunei but his precise investments in the sultanate are unknown. Moi also has invested in Education e.g. Moi High School Kabarak and Kabarak University. To paraphrase Moi’s Asset if we were to name all of it cover a booklet or so…
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In Land ownership, Moi is the second after Kenyatta Family.
Late NICHOLAS BIWOTT(Total man)
The late Biwott was a skillful Businessman who accumulated power and established an enviable business empire touching on almost every sector of the Kenyan economy.He invested in energy, tourism, mining, real estate, telecommunications, air transport, construction, and agriculture. After his death, questions on the amount of debt he left behind were raise, with claims that debt could end up consuming what he left behind.
KENYATTA FAMILY
This is the family of the founding father of the Nation. Our research revealed that the family owns land equal to the whole of Nyanza Province. The Family has invested in Agriculture, Banking, Tourism, Mining, Transport, Energy, Real Estate, Telecommunication and Insurance.
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Like late Nicholas Biwott’s family, Kenyatta Family has the Biggest Insurance Company in Germany. That’s not all, the family owns Jewellery Shops in France, Modern properties in Britain and U.S.A. don’t forget Brookside plus much more.
JOSHUA KULEI
He was former President Moi’s personal Assistant. Mr. Kulei owns Trade World Kenya, CFC Bank, CMC Holdings, Sian roses and Ngata Flower Farm. He also has interests in Bamburi Cement, Kenya Television Network, National Milling Company, Kenya Aerotech Ltd, Signon Freight and National Milling Corporation.
You are wondering isn’t the man is still mentioned in Athi River, Heritage. All Insurance Company, Standard newspaper, NIC Bank, Transnational Bank, Kobil and Kenol Petroleum, Rai Plywood of Eldoret where they partnered with Moi and Nairobi Airport Services(NAS).
Reports shows that Mr. Kulei owns palatial residences in up market London “Where his children have always attended school”. He has property in Lavington, Karen and Nakuru.
PHILLIP NDEGWA FAMILY
The family is considered to be the family with well spread out assets. The Family has invested in Agriculture, Industry, Transport, Banking, Insurance, Air Transport and Real Estate.
SIMEON NYACHAE
He started a small bakery and through sansora holdings he has minted billions. He has invested in Agriculture, Industry, Insurance (Kenindia) , Banking, Real Estate, Transport and Telecommunication. He has the biggest ranch in Australia, Tea Farm in Zimbabwe and South Africa.
MANU CHANDARIA
He is among the richest people in Kenya. He has invested in Industry, Insurance, Transport, Banking, Real Estate and Telecommunication.
S.K. MACHARIA
He is also among the richest people in Kenya. Mr. S.K. Macharia has invested in telecommunication, Banking, Agriculture, Transport, Insurance and Real Estate.
PRESIDENT MWAI KIBAKI
The former president of Kenya’s family is also among this list. The former head of state has invested in Tourism, Banking, Real Estate, Agriculture, Insurance and Telecommunication.
