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Home Rich List

Kenya’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Nyongesa Sande by Nyongesa Sande
1 year ago
in Rich List
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This overview highlights their net worth, age, region, source of wealth, and industry involvement.


Kenya’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

RankNameTotal Net Worth (USD)AgeRegionSourceIndustry
1Mama Ngina Kenyatta1 billion–NairobiFamily legacyReal estate, Banking
2Sameer Naushad Merali790 million–NairobiInheritanceBanking, Real estate
3Bhimji Depar Shah750 million–ThikaEntrepreneurManufacturing
4Jaswinder Singh Bedi680 million–NakuruEntrepreneurTextiles
5Uhuru Kenyatta530 million–NairobiFamily legacyVarious
6Mahendra Rambhai Patel430 million–NairobiEntrepreneurDiverse
7Narendra Raval400 million–NairobiEntrepreneurBuilding materials
8Peter Munga280 million–NairobiEntrepreneurBanking
9Raila Odinga250 million–NairobiPoliticalPetroleum, Real estate
10James Mwangi170 million–NairobiProfessionalBanking

Sources:

  • Mama Ngina Kenyatta’s net worth and influence come from her familial connections and investments in several key sectors​ (Kenya Trade)​.
  • Sameer Naushad Merali and Bhimji Depar Shah both have built their fortunes through key industrial and banking activities​ (Kenya Trade)​.
  • Jaswinder Singh Bedi’s wealth originates from his textile business​ (Kenya Trade)​.
  • Uhuru Kenyatta, despite political controversies, has managed his family’s extensive business interests​ (Cent Warrior)​.
  • Mahendra Rambhai Patel has diversified interests across several industries, indicating a broad portfolio​ (Cent Warrior)​.
  • Narendra Raval’s wealth is rooted in the construction materials sector, showcasing his entrepreneurial spirit in a foundational industry​ (Cent Warrior)​.
  • Peter Munga, founder of one of Kenya’s largest banks, shows the lucrative nature of financial services​ (Cent Warrior)​.
  • Raila Odinga, a prominent political figure, also has significant investments in petroleum and real estate​ (Cent Warrior)​.
  • James Mwangi, though primarily known for his role in banking, has a net worth that reflects high earnings and strategic financial management​ (Cent Warrior)​.

This list reflects a diverse range of industries and backgrounds, illustrating the varied pathways to wealth in Kenya’s economic landscape.

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Nyongesa Sande

Nyongesa Sande

Nyongesa Sande is a Kenyan entrepreneur, politician, blogger, YouTuber, Pan-Africanist, and co-founder of Bizmart Holdings LLC. He has a strong background in information technology, online marketing, and digital strategy. Sande is known for his expertise in software development, content creation, and e-commerce innovation. In addition to his work in media and business, he is also an active political activist and columnist with interests in governance, corporate ethics, human rights, and community development. His leadership at Bizmart Holdings focuses on leveraging technology to drive growth, empower communities, and expand Africa's presence in the global digital economy.

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