List of Richest People From Kiambu County, Their Properties and Businesses
Kiambu is one of the richest counties in Kenya.
The economic size of the decentralized region has expanded to KSh 553.3 billion, a significant increase from the KSh 288.9 billion recorded in 2013. This development positions it as the second most prosperous county in the nation.
As per the data provided by the Kenya National Bureau of Statistics (KNBS), Kiambu experiences a yearly growth in its Gross County Product at a rate of 5.7%.
Kiambu is the residence of several renowned Kenyan billionaires who possess multimillion-dollar assets and enterprises.
Some of the businessmen died, leaving their empires to their children.
Who are the top billionaires from Kiambu County?
1. Kenyatta family
Oxfam’s report places the Kenyatta family among Kenya’s most affluent families.
The founder of their lineage was Jomo Kenyatta, who served as the inaugural president, while Uhuru Kenyatta, the descendant, later stepped down as the head of state.
The family has diversified their investments across various industries, such as banking with holdings in the NCBA Group PLC, tourism with Heritage hotels, mining, insurance, airline, education, agriculture, real estate, and energy.
The Kenyattas are extending their influence by developing a visionary urban center named Northlands near Kenyatta University in Ruiru.
2. Stanley Githunguri’s family
Stanley Githunguri held the position of Kiambaa Member of Parliament from 2007 to 2013, representing the Kenya African National Union (KANU).
According to Who Owns Kenya, he passed away on November 30, 2022, at the age of 77, and his estate, estimated at KSh 1.8 billion, was left behind.
He owns assets such as Lilian Towers, Ridgeways Mall, and the Nairobi Safari Club.
3. William Kabogo
Ex-Kiambu governor William Kabogo leads a fast-paced lifestyle and openly showcases his wealth to his admirers.
The politician has previously posted images of his investments and real estate holdings on various social media platforms.
For example, his residential development, Iguta Paradise Homes located in Runda, consists of 60 four-bedroom villas. Each villa features en-suite bedrooms, private gyms, and home offices.
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Pulse Live stated that the prices of the houses varied between KSh 40 million and KSh 42 million.
In addition to residing in an extravagant mansion, he possesses a helicopter, as well as a collection of luxury cars and motorcycles worth millions.
4. John Kinuthia Makumi’s family
John Kinuthia Makumi, known as Mr. Money, was a wealthy individual from Kenya who had various investments.
In addition to possessing Lavington Mall, he was the owner of Wangige Mall, the Zadar building located in Wangige (Kiambu), and a structure in Ngara (Nairobi).
Before his demise, he resided harmoniously in the same household with his two spouses, Irene Nyakio and Agnes Waringa.
5. Patrick Wainana (Wa Jungle)
Patrick Wainana, also known as Wa Jungle, who previously served as a member of parliament in Thika Town, is yet another wealthy individual hailing from Kiambu County.
Wainana serves as the creator and CEO of Jungle Nuts.
According to the Daily Nation, he secured a contract worth KSh 40 million to deliver poles to Kenya Power. The ex-legislator fulfilled the supply through Jungle Energy Kenya Ltd, a company he jointly owns with Hellen Kimani.
Wainana holds a 90% stake in Jungle Energy Ltd, a company that was established in 2013.
6. Nelson Muguku’s family
Nelson Muguku, the owner of Muguku Poultry Farm, initially worked as a teacher before transitioning to a career in poultry farming.
Muguku utilized the profits from his poultry venture to acquire a 6.08% ownership in Equity Group Holdings before its listing on the Nairobi Securities Exchange (NSE). However, the stake was subsequently decreased to 0.9%.
In 2010, he passed away, bequeathing a vast empire worth billions to his family. The Muguku family possesses numerous properties in both Nairobi and Kikuyu.
The Waterfront Karen Mall was constructed with a KSh 2.6 billion investment from his family. Muguku also played a pivotal role in establishing Kidfarmaco and Kikuyu Township primary schools, as well as Greenacres High School in the education sector.
List of Richest People From Kiambu County, Their Properties and Businesses