25 women were in 2019 ranked among over 125 billionaires in Kenya by the Knight Frank wealth report
Whereas some of the top wealthy women succeeded through sheer hard work, others inherited multi-billion family businesses and expanded them
Mama Ngina, the matriarch of the Kenyatta family, is ranked the wealthiest woman in Kenya
There are over 125 billionaires in Kenya, according to the 2019 Knight Frank wealth report. Tabitha Karanja founded Keroche Breweries in 1997. Photo: Tabitha Karanja. Source: Facebook From the list, the survey revealed 25 were women.
Whereas some of the top wealthy women succeeded through sheer hard work, others inherited multi-billion family businesses and expanded them.
The 2017 Kenya Revenue Authority’s billionaire taxpayers list showed there were three women, Business Daily reported.
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TUKO.co.ke lists the wealthiest women in Kenya. 1. Mama Ngina Kenyatta
Former first lady Mama Ngina Kenyatta, the fourth wife of Kenya’s founding president and President Uhuru Kenyatta’s mother, tops the list of the wealthiest women in Kenya.
In 2013, Nigeria-based Ventures financial magazine ranked her among 55 Africa’s dollar billionaires, BBC reported.
Mama Ngina has invested in virtually all sectors of the economy, including real estate, banking, and hospitality.The matriarch of the Kenyatta family presides over renowned Kenyan companies, namely Brookside Dairy, Media Max Ltd, and Heritage Group of Hotels.Mama Ngina also has interests in Timsale Holdings, Beta Health Care, and shares worth over KSh 6.6 billion at NCBA PLC.According to a CIA report released in 2017, she owns two tea plantations at Matu and Mangu and three sisal farms near the Tanzanian border.The report revealed she owns at least 115,000 hectares (284,000 acres), including a 13,000-hectare (32,000 acres) ranch in Kiambu county .Mama Ngina’s net worth is estimated at over $ 1 billion (KSh 110 billion). 2. Jane Wanjiru Michuki Jane Michuki, the managing partner at Kimani and Michuki Advocates, has shares worth over KSh 5 billion at the Nairobi Securities Exchange (NSE).She is one of the shareholders of Britam Insurance (9.5%), with her stake worth over KSh 4.5 billion.Wanjiru holds a bachelor of laws degree from the University of Nairobi (UoN).She graduated with a masters in law from the University of Warwick, England. 3. Tabitha Karanja Tabitha Karanja and her husband, Joseph Karanja, founded Keroche Breweries in 1997 as a fortified […]