10 RICHEST UNKNOWN BILLIONAIRES IN Kenya | Billionaire never knew existed in kenya.

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  • čas přidán 20. 03. 2023
  • Kenya's economy continues to grow significantly faster than that of other East African nations, which has led to a significant increase in the number of centi-millionaires in the nation. Other less well-known Kenyan businessmen who have built multi-million and billion dollar empires in fields as diverse as agriculture, food, construction, energy, and distribution and amassed multi-million dollar fortunes to boot exist alongside the more well-known names like Naushad Merali, Vimal Shah, and Chris Kirubi. They may not be well-known to the African populace and you've probably never heard of them, but they are incredibly wealthy and successful. Meet ten successful Kenyan businesspeople who have assets and businesses worth at least $50 million.
    Pius Ngugi.
    Ngugi is the owner of the Kenya Nut Company, arguably East Africa’s largest nut processing company and one of the world’s largest exporters of macadamia and cashew nuts. Kenya Nut Company is renowned for its ‘Out Of Africa’ brand of Cashews, macadamia nuts, chocolates and teas. The company recorded $60 million in revenue in 2016. Ngugi is also the owner of coffee producer Thika Coffee Mills.
    Baloobhai Patel.
    Patel is the founder of Transworld Safaris, one of the oldest safari companies in Kenya. Transworld Safaris owns and operates a large fleet of custom-built safari minibuses, 4-wheel drive vehicles and hot air balloons. Patel founded the company more than 30 years ago, and over time he has carefully reinvested his profits into a string of companies listed on the Nairobi Stock Exchange. Patel is renowned to be one of the richest stockholders in Kenya’s capital markets. He owns stakes in the following publicly listed companies: Pan African Insurance, Bamburi Cement, carbon dioxide manufacturer Carbacid and commercial banks Diamond Trust Bank and Barclays Bank Kenya. His shares in publicly listed Kenyan companies alone are worth over $45 million.
    Peter Muthoka.
    Peter Muthoka is the founder and CEO of Acceler Global Logistics, one of Kenya’s largest freight and logistics companies. Acceler Global Logistics plans, implements and operates complex supply chain solutions on a national, regional and global scale on behalf of several large international companies in Kenya. The company’s annual revenue is in excess of $50 million. He was previously the largest individual shareholder in delisted automobile distribution firm CMC Motors before he sold off his stake in the company to the Al-Futtaim Group of the UAE for close to $20 million in 2014.

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