Less Known Billionaires in Kenya

When we hear about Kenyan billionaires, our minds automatically think of Kenyatta,Moi,Raila,Ruto ,Kirubi and S.K Macharia.But there are individual billionaires who are only known by a handful of Kenyans.

1. Andrew Ndwegwa – has also joined the billionaires club. Mr. Ndegwa holds shares worth Ksh. 1 billion at NIC Bank alone.
2. 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.
3. Peter Muthoka – Peter Muthoka is the founder and CEO of Acceler Global Logistics, one of Kenya’s largest freight and logistics companies
4. Adil Popat – Adil Popat’s legendary father, Abdul Karim Popat, was one of Kenya’s most storied businessmen before his death in 2013. Adil Popat now rules over the Simba Corporation, it has the sole distributorships in Kenya for Mitsubishi, Renault and Mahindra. He also owns the popular Villa Rosa Kempinski hotel in Nairobi
5. 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. It is renowned for its ‘Out Of Africa’ brand of Cashews, macadamia nuts, chocolates and teas. Ngugi is also the owner of coffee producer Thika Coffee Mills.
6. Paul Wanderi Ndung’u – Paul Wanderi Ndung’u is the founder of Mobicom, Kenyan mobile phone retailer with over 85 stores across Kenya. Mobicom has annual revenues of a little over $50 million. Ndung’u also owns a 17% stake in Pevans East Africa, the company that owns and operates Sportpesa, Kenya’s leading sports betting website.
7. Narendra Raval – Raval, a steel tycoon, is one of Kenya’s most successful entrepreneurs. He is the founder of Devki Group, a $650 million (annual revenues) Kenyan conglomerate that manufactures steel products, roofing sheets and cement.
8. Gitahi Gichahi -Ernst & Young’s CEO
9. Josphat Mwaura -KPMG’s chief executive
10. Lucy Mwiti

11.Mr Tejveer Singh Rai—He owns Kabras Sugar