Forbes: Uhuru Kenyatta, Chris Kirubi Kenya's Richest


Kenyan politician Uhuru Kenyatta is Kenya's richest man followed by business mogul Chris Kirubi according to Forbes magazine's "Africa's richest" list.
They are the only Kenyans to make the cut in the list led by Nigeria's Aliko Dangote, worth an estimated $10.1 billion, and dominated by the Sawiris and Mansoor families both from Egypt.
Uhuru makes the list at number 25 with an estimated wealth valued at $500 million and Chris Kirubi follows closely six spots down at 31 worth $300 million.
"He (Uhuru Kenyatta) owns at least 500,000 acres of prime land spread across the country. The land was acquired by his father in the 1960s and 1970s when the British colonial government and the World Bank funded a settlement transfer fund scheme that enabled government officials and wealthy Kenyans to acquire land from the British at very low prices."
"Uhuru and his family also own Brookside Dairies, Kenya's largest dairy company, as well as stakes in popular television station K24 and a commercial bank in Nairobi, among other interests."
As for the flamboyant Kirubi, Forbes states that his journey to wealth started when he bought small, dilapidated residential and commercial real estate in Nairobi.
"He then renovated the properties and flipped them for a profit. He now owns Nairobi's landmark International House building, one of the city's longest standing and most prestigious commercial properties, as well as several other commercial and residential buildings in Nairobi."
"Other assets include a 49% stake in Haco Tiger Industries, which manufactures consumer products; a controlling stake in Centum, a Nairobi Stock Exchange-listed private equity firm; UAP Insurance, one of Kenya's largest insurance companies and Sandvik East Africa, a Kenyan construction firm. Also owns the DHL Franchise in Kenya, and Capital FM, Kenya's most popular radio station. Devout disciple of social media keeps active Twitter and Facebook accounts. Avid golfer."
The Sawiris and the Mansoors dominate the top twenty positions in the list with the former occupying four of the top 20 positions and the latter having three of its members on it.
Damn, now get back to work if that dream of getting on this list is to suffice.

Chris Kirubi