Monday, September 25, 2023

Kenyan Millionaires in Their 20s and the Businesses They Do

Kenya is at the forefront of technological innovations in Africa and is often nicknamed Africa’s “Silicon Savannah.” According to the 2021 Global Innovation Index, Kenya has the third most innovative economy in sub-Saharan Africa, after Mauritius and South Africa, and the 85th most innovative economy globally.

Technological innovations have created new channels for making money. In fact, it is quite easy to make money now than it used to be before. This is owed to the overwhelming popularity of social media platforms and connectivity. As such, many young Kenyans are taking advantage of these platforms to make money in just minutes or hours. According to the 2022 Knight Frank Wealth report, Kenya is home to over 900 youthful millionaires, way above the global average.

“For the first time, as part of our attitude survey, we asked respondents about young wealth to find out how many individuals under 40 years old created their own wealth; the level is higher than the global average; this shows that young entrepreneurs in Kenya are well placed to take advantage of such opportunities,” Knight Frank Kenya managing director Ben Woodhams noted.

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Some of the country’s young millionaires include:

Eve Mungai

YouTuber Eve Mungai is among the young Kenyan millionaires. Last year the content creator revealed her YouTube channel pays her Sh. 1.5 million per month, with a low of Sh. 700,000 on bad months. The 22-year-old shares entertainment and human interest videos. The YouTube idea was sold to her by her director, her boyfriend. Her YouTube Channel currently has over 690,000 subscribers.

Mungai resides in the leafy suburbs of Kileleshwa.

Crazy Kennar’s background

Kennedy Odhiambo alias Crazy Kennar was born on December 23rd, 1998 (24 years). Born and raised in Kenya, Crazy Kennar is the third born in a family of four, having two older brothers and one younger brother. One of his older brothers is a doctor while the other helps him in his content creation venture. The other sibling is still in high school.

Photos of Victor Wanyama’s Crazy Car Rides

Crazy Kennar started his primary studies at Sacred Heart School in Baba Dogo, Nairobi. Afterwards, he attended secondary school at Ringa Boys High School in Homa Bay county. Kennar aced the national KCSE exams and attained a spot at the Jomo Kenyatta University of Agriculture and Technology (JKUAT) for a bachelor’s degree in Actuarial Science. It was at JKUAT that Tales of Crazy Kennar was birthed.

Crazy Kennar has gained many fans over the years he has been making skits in front of the camera. Wise ones say ‘fame acquired overnight looks much more like years of consistency’.

Just like any other kind of beginning, Kennar started small, with very few fans on all Social media.

Robert Ndegwa Kamau – Thee Pluto

Thee Pluto is living the dream of many Kenyans in his 20s. He is popularly known for his program known as “loyalty test,” which seeks to expose people who are cheating on their partners. The program targets young couples and University students.

Through this, he has gained popularity, with many companies rushing to sign him in. Instabet betting company signed him as a brand ambassador. In addition, he is a businessman who has heavily invested in real estate. He is the CEO of two companies, namely, Summer House Real Estate-a company that buys land, develops, and sells at a profit, and Planet Homes Kenya – a company that deals with Airbnbs in Nairobi.

Pluto resides in Kilimani and Spins the latest Prado, TX.

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Nadia Mukami

Singer Nadia Mukami became a millionaire in 2020 at the height of the Covid-19 pandemic at the age of 23. The Maombi hitmaker revealed this during an interactive Questions and Answers (Q&A) with her fans on Instagram. She has a YouTube channel with over 500,000 subscribers. She termed hard work, dedication, and consistency in the music industry, as the attribute of her success.

Besides music, the mother of one owns a beauty Parlour located along Koinange Street in Nairobi’s central business district. She also founded the Sevens Creative Hub, a digital communications advertising PR & company located in Imara Daima.

Moya David

Moyah David rose to money and fame through his dance moves that warmed the hearts of many people on Tik Tok. He would go to random people and dance for them before gifting them flowers. He revealed that his Tiktok videos pay him over Ksh 200,000 per month.

He also earns money by surprising individuals during birthday parties, marriage ceremonies, graduation ceremonies, etc.

He is now among the most followed Tik Tokers in Kenya-with close to 4 M followers. Moyah also has a YouTube channel and Facebook page that has a considerable number of followers.

He is also a businessman and the founder of the executive SPA in Nairobi.

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