Top 10 Richest Families In Kenya [Ranked] 2022
From Extravagant mansions and cruising around in yachts. Who are these wealthy people in the country?… And what’s the richest families in Kenya and Africa at large?.
Wealthiest Kenyan Families:
1. Kenyatta Family.
The Kenyatta family is one of the richest families in Africa, with a net worth of $2.5billion.
The family owns a number of businesses in Kenya, including NCBA bank, Brookside Dairies and so many more.
The Kenyattas also have interests in banking, insurance, and manufacturing. The family owns a land estimated to be about 500,000 acres.
2. Raila Odinga Family.
The Raila Odinga family is one of the richest families in Kenya, with a net worth of $2.3 billion.
The family owns a number of businesses including The East African Spectre Campany that produces liquid petroleum and gas cylinders.
The Raila Odinga’s family also own the Karen’s family home estimated to be Ksh. 300 million, three mansions in Nyali and Kisumu. Apart from the mentioned properties the family also owns Pan African Petroleum industries.
3. Manu Chandaria Family
The Chandaria family is one of the richest families in Kenya, with a net worth of $b1.7 billion.
The family owns a number of businesses in transportation,banking, real estate and telecommunication. Manu Chandaria is the CEO of Kenyan steel and aluminum production company Comcraft.
The company has also ventured into manufacturing plastic.
4. Moi Family
The Moi family is one of the richest families in Kenya, with a net worth of $3 billion. The family owns a number of businesses in Kenya, including a large stake in banking, agriculture, insurance, and manufacturing.
The family also owns Eagles airline,Car Track Kenya and the Kent Ship. In the media industry they own Kenya Television Network,Vybezz radio,Standard News Paper, Radio Maisha and Spice FM.
5. Chris Kirubi’s Family.
The Kirubi family is one of the richest families in Kenya with a net worth of $400 million.
Kirubi was the director of Centum Investment Company Limited and was the main stakeholder in the Haco tiger brands. Kirubi’s family is said to be among the 40 richest families in Africa.
6. SK Macharia’s Family.
The SK Macharia family is one of the richest families in Kenya, with a net worth of $ 365 million.
Macharia is the creator and owner of Royal Media services, the Eastern Africa’s biggest television and radio network. He is said to have founded Madhupaper International Kenya Ltd, Kenya’s first tissue paper.
The Macharias also have interests in agriculture,transportation,banking and real estate.
7. Kibaki’s Family
The Kibaki family is one of the richest families , with a net worth of $ 50 million. The family owns parcels of land across the country estimated to be 30,000 acres.
Kibaki’s family has made investments in a variety of industries including tourism ,banking, real estates and agriculture.
8. Biwott Family
The late was a businessman and the cabinet secretary during the president Daniel Moi’s rule. The family owns Premier Group of Companies, Barisim Investment and Yaya Center.
The Biwott family owns property outside the country including largest ranches in Australia and largest hotels in Israel. The family is worth $1.1 billion.
9. Philip Ndegwa Family
Philip Ndegwa was a former governor of Kenya’s Central Bank and economist.
The family is worth $ 1.2 billion with investments including real estate,banking, insurance,agriculture.
Ndegwa’s family owns shares in NCBA bank, ICEA Lion Insurance, Ambank and Riverside park. He is said to be the first Kenyan with a billion shillings in a bank.
10. Bhimji Depar Shah Family
He is a Kenyan business man with origin in India. The family is worth $700 million dollars.
Bhimji is the chairman of Bidco Group of companies which operates in 13 countries. In addition they have launched a 200 million dollar industrial park.
Conclusion paragraph: So there you have it – the richest families in Kenya.
They have amassed their wealth through a variety of businesses, including oil and gas, banking, insurance, manufacturing, media, and real estate.
These families have a significant impact on the Kenyan economy and play a major role in the country’s development.