Tuesday, November 5, 2024

See late Bob Collymore’ wealth, properties family’s been fighting over

Wambui kamiru

A legal fight over the wealth left behind by the late Safaricom chief executive officer Bob Collymore has ended. The fight was between Collymore’s two children and his widow Wambui Collymore.

So how much wealth did Collymore leave behind that has been the subject of this fight?

For a start, the late Safaricom’s boss was one of the best paid executives in the country during his time. He was earning a salary in excess of Sh. 9 million per month. The late top CEO had first revealed his salary in 2015, which stood at Sh. 9 million per month.

Co-Op post

When he first spoke about his pay, Collymore had stated that he had accumulated Sh. 109.5 million in the 12 months of the 2015 financial year, including interests and dividends.

According to a declaration of wealth posted by Bob Collymore, he had a net worth of Sh. 277.3 million in cash, properties and shares at the time.

Bob Collymore also owned a Sh. 54 million residential house in London, UK and had Sh. 18.3 million worth of shares in Safaricom as of 2015. He also owned property in Kenya believed to be worth millions.

Collymore left two wills — one in Kenya and another outside the country. The second will has not been made public, and neither has the jurisdiction of its signing been revealed in court filings. The Kenyan will filed in court by Ms Wambui, stated that all assets Collymore owned locally would be inherited by Wambui.

NCBA

Bob Collymore’s last wish for his wife Wambui Kamiru and kids


Collymore had served as the boss at Safaricom since November 1, 2010. He also served as a Governance Director for Africa at Vodafone and as Chief Officer Corporate Affairs at Vodacom Group Limited.

He served as Purchasing Director for UK business of Vodafone. He spent most of his career in the telecommunications industry starting with British Telecommunications where he held a number of marketing, purchasing and commercial roles over a 15 year period.

Bob Collymore Net Worth
The late Safaricom CEO Bob Collymore.

From 1994 to 1998, he served as Purchasing Director for Dixons Stores Group, the largest electrical retailer in the UK. Mr. Collymore served as Global Handset Purchasing Director of Vodafone since 2000 and responsible for its handset business across 26 countries and in 2003, he moved to Japan in the more commercial role of Consumer Marketing Director (Asia).

He was a Non Executive Director of Safaricom Limited since September 5, 2006. He served as Non Executive Director at Vodacom Group (Proprietary) Limited from September 2006 to February 24, 2009. He moved to the United Kingdom in 1974 where he completed his formal education.

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