Latest reports by Oxfam international released today, on Monday 17th January 2022, has listed the top 5 most richest people in Kenya. Their families and individuals in the list are said to be wealthier than many Kenyans combined.
The top person in the list of the top five richest people in the country is Sameer Naushad Merali. He controls a fortune worth 89.6 billion Kenya shillings (USD 790 million). He is the son of the late billionaire Naushad Merali. He is the richest person in Kenya.
Merali is closely followed by Bhimji Depar Shah. This one controls a fortune of Ksh85 billion (USD 750 million) just a Ksh4.6 billion deficit to Merali. He is the founder of Bidco Group of Companies.
Jaswinder Singh Bedi follows in the top five with a wealth of Ksh77.1 billion (USD 680 million).
At number four comes the fourth president of the republic of Kenya and his family. President Kenyatta has a wealth standing at Ksh60 billion (USD 530 million). The Kenyattas own various companies in the country including Brookside diaries, Heritage Group Hotels, Mediamax and NCBA Group. The family has over 500,000 acres of land.
The last in the list is Mahendra Rambhai Patel with Ksh48.7 billion (USD430 million). The two richest people are said to have more wealth than 16.5 million Kenyans.
The report further revealed that between 2016 and 2021, the number of individuals with wealth over USD50 million increased from 80 to 120. Please share and follow.
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