List Of Richest Person In Kenya

List Of Richest Person In Kenya

In this article Keweb.co tries to answer the question by publishing the full list of Richest Person in Kenya

Below is the full List of the Richest Person In Kenya

1. The MOI Family – $3 billion

The MOI family tops the list of the richest men in Kenya in 2023 with an accumulated net worth of $3 Billion. With interest in over 8 different sectors, including agriculture, insurance, and banking, manufacturing, etc. the Moi family is said to be the richest in Kenya with an estimated net worth of over $3 billion.

2. Manu Chandaria – $1.7 Billion

Manu Chandaria is the second richest man in Kenya with an accumulated net worth of about 1.7 billion dollars.

He is a Kenyan businessman of Indian heritage and the chairman and CEO of Comcraft, a Kenyan steel and aluminum conglomerate.

3. The Biwott Family-$1.1 Billion

The Biwott is next on this list of Kenya’s richest men. Often nicknamed as Total Man, Late Nicholas Biwott was one of the richest men in Kenya before his death in 2017.

However, his family remains on the list and they are third in the list. With a net worth slightly below that of Ernesto Taricone, who is one of the top 10 richest men in Ghana, the Biwott family has an accumulated net worth of about 1.1 billion dollars.

4. Mama Ngina Kenyatta – $1 Billion

The wife of the former President of Kenya and also Mother of the former President of Kenya

Mama Ngina Kenyatta is among the list of ten richest Persons in Kenya.

 With an accumulated net worth of 1 billion dollars, Mama Ngina Kenyatta is known to be the fourth richest person in Kenya. She is east Africa’s richest woman and has a large investment in real estate properties.

5. Bhimji Depar Shah-$700 Million

Bhimji Depar Shah is a Kenyan businessman with a net worth of about 700 million dollars.

He is the chairman of Bidco group of companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. BIDCO Africa is East Africa leading manufacturer of fast-moving consumer goods(FMCG).

6. Naushad Merali – $600 Million

Nashad Merali with an estimated net worth of 600 million dollars is the 6th richest man in Kenya. He is a businessman and the founder of Kencell – a Kenyan mobile service provider.

He is also the chairman of Sameer group, a Kenyan conglomerate that is active in construction, agriculture, finance, and information technology.

7. Uhuru Kenyatta – $500 Million

Having come from a wealthy family, Uhuru Kenyatta has been living comfortably right from little. He managed his father’s wealth in billions of dollars where he seems to have also acquired his wealth.

He is the current president of Kenya and has an accumulated net worth of about 500 million dollars. 

8. Chris Kirubi and his family – $400 Million

Before his death on 14th June 2021, Chris kirubi maintained the position of one of the richest men in Kenya.

He is an erudite businessman, entrepreneur, and industrialist who seeks to create wealth by involving in businesses. He was a director at centum investment. He chaired:

  • DHL Express Kenya Limited
  • Haco Industries Kenya Limited
  • Kiruna International Limited
  • International House Limited
  • Nairobi Bottlers Limited
  • Sandvik East Africa Limited
  • 98.4 Capital FM.

He is number eight on our list of the top ten richest men in Kenya. He had a combined net worth of about 400 million dollars Sadly, he just died mid-year 2021 at the age of 80.

9. S K Macharia-$365 Million

Samuel Kamau Macharia is a Kenyan businessman and famous millionaire. He owns several businesses of which he has a major stake in the royal media company which is one of the most successful companies in Kenya.

10. Atul Shah-$290 Million

The managing director and CEO of Nakumatt holdings limited, Atul Shah are the last on this list. Atul shah has an estimated net worth of 290 million dollars and is among the top ten richest men in Kenya.

He owns a large share in Nakumatt holdings limited which is a private holding that owns Nakumatt supermarket which has stores in Kenya, Uganda, Tanzania, and Rwanda and it has more than 7,000 employees across.

Who is the richest person in Kenya currently?

DANIEL MOI (Net worth $3 billion): In Kenyan political history, Daniel Moi is a legendary figure. For roughly 25 years, he held the office of Kenya’s second president. Daniel Moi, regarded as the wealthiest Kenyan, is estimated to be worth $3 billion (together with his family).