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KeCrunch > Blog > Lifestyle > Top 10 Richest People in Kenya: Wealthiest Kenyan Billionaires
Lifestyle

Top 10 Richest People in Kenya: Wealthiest Kenyan Billionaires

KeCrunch
Last updated: 2022/04/12 at 2:01 PM
KeCrunch Published January 14, 2022
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Top 10 Richest People in Kenya
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Contents
Top 10 Wealthiest Kenyan BillionairesPeter MungaChris KirubiPhilip NdegwaJames MwangiPeter Mukuha MutindaCharles MugoNaushad MeraliMohammed Hussein AliUhuru KenyattaWilliam Ruto

The top 10 richest people in Kenya come from a variety of backgrounds, but all have one thing in common: they are billionaires. These ten wealthiest Kenyan businessmen are responsible for the country’s robust economy and growth. Here is our list of the top 10 richest Kenyans today!

Top 10 Wealthiest Kenyan Billionaires

Peter Munga

Peter Munga is one of the richest people in Kenya and the founder and CEO of Equity Bank. He has an estimated net worth of $1.2 billion. Equity Bank is the largest bank in Kenya, with over 10 million customers. Munga started his career as a cashier at Equity Bank and worked his way up to CEO. He is also the chairman of the Association of Banks in Kenya.

Chris Kirubi

Chris Kirubi is another of the richest people in Kenya and the owner of Haco Tiger Brands. He has an estimated net worth of $940 million. Kirubi started his career as a mechanic and later became the CEO of several businesses, including Centum Investment Company Ltd. He is also a major shareholder in Coca-Cola East Africa and the founder of CCK, which is a chain of television stations.


Philip Ndegwa

Philip Ndegwa is also one of the richest people in Kenya and the former CEO and chairman of Barclays Bank (Kenya). He has an estimated net worth of Ksh 900 million. After his term ended at Barclays Kenya, Ndegwa founded the private equity firm, Centum Investments. He is also a director of several other companies, including Equity Bank and KCB Group.

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James Mwangi

James Mwangi is the CEO and co-founder of Equity Group Holdings Limited, which is one of the largest banking groups in Africa. He has an estimated net worth of $900 million. Mwangi has been the CEO and chairman since its inception in 2004, when it was formed by a merger between Equity Bank (Kenya) and Chase Bank (Kenya).

Peter Mukuha Mutinda

Another one of the richest people in Kenya is Peter Mukuha Mutinda, who owns several companies in Kenya. He has an estimated net worth of $700 million and is the founder of CMC Holdings Limited, a company that deals with petroleum products among other things.

Charles Mugo

Charles Mugo is one of the richest people in Kenya and the founder, chairman, managing director, and CEO of TransCentury. He has an estimated net worth of $650 million. His company manages several businesses that deal with insurance companies among other things. This includes Eagle Insurance Company Ltd., which was started by his father in 1965.


Naushad Merali

Another one of the richest people in Kenya is Naushad Merali, who founded and runs Cavendish Holdings Limited. He has an estimated net worth of $610 million. His company owns several businesses that deal with consumer goods as well as hospitality among other things. These include Standard Chartered Bank (Kenya) Ltd. and the Sarova Hotels chain, which has several properties in Kenya and Tanzania.

Mohammed Hussein Ali

Mohammed Hussein Ali is one of the richest people in Kenya and the founder of Mohammed Enterprises Africa Limited (MEAL). MEAL owns a wide variety of businesses in Kenya, including the country’s largest insurance company. Ali also formed MEAL University and is a major donor to education projects throughout Kenya.

Uhuru Kenyatta

Uhuru Kenyatta is the current president of Kenya and is among the top 10 richest Kenyan families. Before being elected president, he was a major businessman and the founder of several companies. He also owns several properties in Kenya and abroad.



 

William Ruto

William Ruto is the Deputy President of Kenya and has an estimated net worth of $450 million. He is a businessman and politician who was previously the Minister for Agriculture in the government of Kenya.

This is a list of the top 10 richest people in Kenya, with their estimated net worth. The top 10 wealthiest Kenyan billionaires are all billionaires and have founded or run some of the largest companies in Africa. Nearly every person on this list has had success as an entrepreneur, so if you want to be rich someday too, it’s important that you start planning your business now!

These individuals also serve as examples of how hard work pays off – they started out by working entry-level positions at banks before climbing up through ambition and determination. Most importantly though, these influencers show us that anyone can become successful no matter who they are or where they come from.  It just takes strong leadership skills combined with strategic thinking to succeed when building a company or becoming rich.

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