As of 2024, the wealthiest individuals in Kenya include a mix of industrialists, media moguls, and prominent business figures. Here are the top 10 wealthiest people in Kenya, along with their estimated net worth:
Top 10 wealthiest people in Kenya 2024
1. Vimal Shah– With an estimated net worth of around $1.6 billion, Vimal Shah is the chairman and CEO of Bidco Africa, a leading consumer goods company in East Africa.
2. Narendra Raval – Known as “Guru,” Raval has a net worth of about $1.3 billion. He chairs the Devki Group, which is involved in steel, cement, and other manufacturing sectors.
3. Samuel Kamau (S.K.) Macharia – Founder of Royal Media Services, Macharia’s net worth is approximately $1.1 billion. His company owns Citizen TV, the most-watched TV station in Kenya, and several radio stations.
4. Naushad Merali– A prominent businessman with a net worth of around $850 million, Merali was involved in various industries including telecommunications and agriculture before his passing. His son Sameer Merali continues to manage the family’s business interests.
5. Mama Ngina Kenyatta – With a net worth estimated at $500 million, Mama Ngina Kenyatta, the widow of Kenya’s first President Jomo Kenyatta, has significant investments in real estate, banking, and hospitality.
6. Manu Chandaria – This industrialist has a net worth of about $500 million. He is the chairman of the Comcraft Group, which is involved in manufacturing, real estate, and other sectors across multiple countries.
7. Uhuru Kenyatta – The former President of Kenya, Uhuru Kenyatta has a net worth of around $500 million, derived from his family’s extensive business holdings in banking, dairy, and real estate【12†source】.
8. Peter Kahara Munga – Munga is the founder of Equity Bank and has a net worth of about $280 million. He also has significant investments in other financial and agricultural enterprises.
9. James Mwangi – As the CEO of Equity Bank, Mwangi’s net worth is around $220 million. He has played a pivotal role in expanding the bank’s reach across Africa.
10. Bhimji Depar Shah – Founder of Bidco Group, Shah has an estimated net worth of $750 million. His company produces a wide range of consumer goods including edible oils and detergents.
These individuals have significantly influenced Kenya’s economy through their diverse business ventures and investments. Their wealth reflects their contributions to various sectors including finance, manufacturing, media, and real estate.
