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How Eldoret Tycoon and 'Men's Conference Speaker' Made His Millions

Faithmusyoka
By Faithmusyoka | self meida writer
Published 6 days ago - 2 views

Retired politician and prominent farmer in Uasin Gishu, Jackson Kibor, is one of the wealthiest businessmen in the country.

Born in Kipkabus, Uasin Gishu County in the year 1934, his mother had moved with him to Nandi County before her death but he went back to Kipkabus and began doing casual jobs at a tanning facility in the area.

Kibor used to take poles and firewood to school to in order to pay his school fees, but when he was in class Five, the school insisted on money which he did not have by that time. A condition which forced him to drop out of school.

His financial ascent began when he left the tanning company for a lorry driver’s job for the late millionaire Jonathan Kibogy in Uasin Gishu County, earning Sh75 a month. That was in 1958, five years before Kenya became independent.

He also used to drive lorries transporting maize and potatoes across East Africa, life which was tough and that's where he learnt the important lesson of saving little of his salary.

After some time, he accumulated an amount which he used to purchase his own potatoes that he sold in Kampala.

By then, a bag of potatoes cost Sh6 per bag in Chepkorio and Metkei areas; using Sh3 per bag for brokers and transport, while in Kampala he would sell a bag at Sh16, enabling him to save a profits which he later used to buy his own Canter lorry and got another lorry few days later.

Currently, a Kenyan cassanova, now on his fourth wife half his age. He lectures men about love, sex and not falling into bed dead drunk.

Veteran politician, Jackson Kibor, whose net wealth is estimated to be worth more than Sh6 billion, mainly from vast farms in Rift Valley and prime property in Eldoret, Kabsabet and also Nairobi.

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