Azimio la Umoja coalition leader and Former Prime Minister Raila Odinga is estimated to be worth over Sh. 2 billion.
This is the amount that he has publicly revealed as his net worth. Raila said he does not consider himself rich despite the amount of wealth he holds.
“They are saying Raila Odinga is so rich… so very rich… which is not true. I am worth about two billion shillings,” Raila said. He made these revelations while speaking to a local television station.
Mudavadi: This is how I’ve built my Sh. 4 billion wealth
He explained that most of his wealth was in the form of property and company shares noting that his Karen house is worth about Sh. 300 million.
The opposition chief disclosed that he also owned shares in some companies but did not mention which ones or the value of his ownership.When pressed on what amounts to being rich, Raila avoided a straight response and said his Sh. 2 billion is not in cash.
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He went on: “I started my own business which is employing people in Industrial Area in Nairobi. Whatever we have done is in very good faith. We have invested in the molasses industry which is not working right now as the sugar mills are not working.”
The decision to reveal his net worth came after then deputy president who is now president William Ruto declined to state how much he is worth in a previous TV interview.
In the interview, Raila also said that a lifestyle audit on Dr. Ruto would show that his wealth is questionable.
His Sh. 2 billion net worth, it factual, might have grown, given the time that has elapsed since he made this revelation.
This wealth is however way below the Sh. 4 billion net worth owned by Musalia Mudavadi.
Baba is a billionaire??