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Home » William Ruto Net Worth

William Ruto Net Worth

NyongesaSande News Desk by NyongesaSande News Desk
2 years ago
in Richest Billionaires
Reading Time: 5 mins read
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President Ruto Nominates New Cabinet: A Detailed Look at the 11 Appointees

William Ruto Net Worth. William Kipchirchir Samoei Arap Ruto CGH is a Kenyan politician and businessman with an estimated net worth of $480 million. Born on December 21, 1966, in Sambut village, Kamagut, Uasin Gishu County, he is the fifth and current president of Kenya, having assumed office on September 13, 2022.

  • Early Life and Education:
  • Political Career:
  • Presidency:
  • Controversies:
  • Personal Life:
  • Wealth:

Early Life and Education:

  • Birthdate: December 21, 1966
  • Birthplace: Sambut village, Kamagut, Uasin Gishu County, Kenya
  • Parents: Daniel Cheruiyot and Sarah Cheruiyot

Education:

  • Primary: Kamagut Primary School, Kerotet Primary School
  • Secondary: Wareng Secondary School, Kapsabet High School
  • University: University of Nairobi
    • Degree: BSc in Botany and Zoology (1990)
    • MSc: Plant Ecology (University of Nairobi)
    • PhD: University of Nairobi (2018)

Political Career:

Member of Parliament:

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  • Eldoret North Constituency: 1997 to 2007 (KANU), 2007 to 2013 (ODM)

Ministerial Positions:

  • Minister for Home Affairs: August to December 2002 (Moi administration)
  • Minister for Agriculture: 2008 to 2010 (Kibaki administration)
  • Minister for Higher Education: April to October 2010 (Kibaki administration)

Deputy President:

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  • First Elected Deputy President: 2013 to 2022 (Under President Uhuru Kenyatta)

Presidential Campaigns:

  • 2007 Presidential Election: Contested but lost in ODM primaries
  • 2013 Presidential Election: Ran for deputy presidency, supporting Uhuru Kenyatta
  • 2017 Presidential Election: Re-elected as Deputy President
  • 2022 Presidential Election: Elected as President under United Democratic Alliance (UDA)

Presidency:

  • Inauguration: September 13, 2022
  • First Foreign Trip: Attended Queen Elizabeth II’s state funeral in the UK (September 18-19, 2022)
  • UN General Assembly Address: September 21, 2022

Key Initiatives:

  • Climate Change: Pledged to end fossil fuel use in Kenya’s electricity production by 2030
  • Economic Policies: Launched the Hustler Fund to grant loans to Kenyan citizens
  • Privatization: Proposed large-scale privatization of public enterprises

Controversies:

Land Grabbing:

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  • Weston Hotel: Accusations of acquiring land illegally from Kenya Civil Aviation Authority (KCAA)
  • KPC Ngong Forest Land Scandal: Initially charged with defrauding Kenya Pipeline Company in 2004
  • Muteshi Land: Ordered to pay for illegally taking land during post-election violence (2007-08)
  • Joseph Murumbi’s 900 Acres: Accused of irregular acquisition of land formerly owned by a former vice president

International Criminal Court:

  • Summons: Accused of planning crimes against humanity after 2007-08 election violence
  • Charges Dropped: ICC dropped charges in April 2016

Personal Life:

  • Spouse: Rachel Chebet (married in 1991)
  • Children: Six
  • Religion: Evangelical Christian, member of Africa Inland Church
  • Business Interests: Owns a large chicken farm in Sugoi

Wealth:

  • Net Worth: $480 million
  • Source of Wealth: Business ventures and political career

William Ruto’s journey from a humble background to the presidency of Kenya highlights his significant political influence and business acumen. Despite facing numerous controversies and legal challenges, he has maintained a prominent position in Kenyan politics and continues to shape the country’s future.

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