Interesting: TOP 10 Richest families in Kenya (As of 2011) – If you missed it
According to the survey conducted by Forbes, An American Magazine that carries research on World Billionaires. Not many Kenyans featured in the Top Billionaire in World. The list conducted by My team and I shows the top 10 Billionaires in Kenya; who include:
MOI’S FAMILY
Moi’s Family is considered to be the Richest in East and central Africa. There property are spread all over the World. High placed sources revealed to us that retired President Moi’s lastborn 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.
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 shows 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 it cover a booklet or so…
In Land ownership Moi is the second after Kenyatta Family.
NICHOLAS BIWOTT(Total man)
Biwott is the second richest person in Kenya after former president Moi. Biwott is a skillful Business who accumulated power and established and enviable business empire touching on almost every sector of the Kenyan economy.
He has invested in energy, tourism, mining, real estate, telecommunications, air transport, construction, and agriculture.
He imports fuel and sells it to local distributor of petroleum products. He has heavily invested outside Kenya with commercial interests in Israel and Australia. The Biggest Hotel in Israel(Tel Aviv) belongs to Biwott and he has the biggest ranch in Australia(10000 ha) where he rare merino sheep. More Sources show that Biwott fully owns Kobil Petrol, Barsirim Investment and Kipsinende far, Rono Ltd , Hz Construction and Engineering, Hz Group of companies, Lz Engineering, Yaya Centre ( Worth 3.5 Billion popularly known as a city within a city) Pemier Group of companies and Air Kenya Aviation Ltd.
Other investments include Pete Aviation and Electronics Ltd, Ziba Management and services, Israel Lima Kenya and National Milling Corporation. He also has interests in Safaricom Kenya.
He also has interests in Uhuru Highway Development, Real Estate company, Bidco, Trinity Enterprises, Banque Begolaise and Team Simoco. He has Petrol stations in Uganda , owns Westmont, Grand Diani Reef Hotel, Regional Air, H.Young and Company, S.R Telecommunications Co.Ltd, First American Bank, Pan African Trans National Bank. Don’t wonder man? Lets go to the 3rd man.
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.
Like Total Man Kenyatta Family has the Biggest Insurance Company in Germany. That’s not all the family Jewellery Shops in France, Modern properties in Britain and U.S.A. don’t forget Brookside plus many more. More sources reveals that the family are worth Ksh. 130 billion plus.
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.
NJENGA KARUME
He is the 5th richest man in Kenya. He started as a charcoal seller, then opened up a restaurant and has risen to be counted in a class of billionaires. We discovered that this man from Kiambu has invested in Agriculture, Real Estate, Banking, Tourism and Insurance. He is approximately to be worth Ksh. 120 billion plus.
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. The family is worth Ksh. 118 billion plus and it’s the 6th richest family in Kenya.
SIMEON NYACHAE
This man from Kisii is the 7th richest person in Kenya. 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. He is worth 115 billion plus.
MANU CHANDARIA
He is the 8th richest person in Kenya. He has invested in Industry, Insurance, Transport, Banking, Real Estate and Telecommunication. He is worth 114 billion plus.
S.K. MACHARIA
He is the 9th richest person in Kenya. Mr. S.K. Macharia has invested in telecommunication, Banking, Agriculture, Transport, Insurance and Real Estate. He is worth Ksh.112 billion plus.
PRESIDENT MWAI KIBAKI
The current president of Kenya is in the 10th position. The MP. Of Othaya has invested in Tourism, Banking, Real Estate, Agriculture, Insurance and Telecommunication. He is approximately to be worth KSH. 110 billion plus. He is the 3rd in the land ownership in Kenya
Source:Kenyan Daily post
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