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Kenya Billionaires: Top 10 Richest Men In Kenya

Kenya is one of the largest economies in East Africa, with a growing middle class, expanding businesses, and increasing foreign investment. Over the years, several Kenyan families and individuals have built impressive wealth through various industries like banking, real estate, manufacturing, agriculture, media, and politics.

In this blog post, we will take a closer look at the top 10 richest men in Kenya in 2025. These individuals and families have become very wealthy through hard work, investment, inheritance, and business leadership. We will also explore how they made their money, the industries they work in, and how they contribute to the Kenyan economy.

1. Moi Family – Estimated Net Worth: $3 Billion

The Moi family tops the list of Kenya’s richest individuals. The family’s wealth was mostly built by the late Daniel Toroitich arap Moi, who was the second President of Kenya and served from 1978 to 2002. During his long rule, the family expanded its influence in both political and business circles.

Today, the Moi family owns many businesses across different sectors. Some of the most well-known investments include:

• Kabarak University – a private university that offers quality education in Kenya.

• Sacho High School – a top private school.

• Standard Group Limited – a media company that owns KTN TV, The Standard newspaper, and Radio Maisha.

• First American Bank – involved in financial services.

• Large tracts of land in the Rift Valley and other parts of the country.

The Moi family's investments have made them not only wealthy but also influential in shaping Kenya’s media, education, and financial sectors.

2. Kenyatta Family – Estimated Net Worth: $2.5 Billion

The Kenyatta family is another political dynasty in Kenya. The family’s wealth traces back to the country’s founding president, Jomo Kenyatta. Today, the most notable member of the family is Uhuru Kenyatta, who served as Kenya’s fourth President from 2013 to 2022.

The Kenyattas have a wide range of investments, including:

• Brookside Dairy – one of the largest milk processing companies in East Africa.

• NCBA Bank – formed through the merger of CBA and NIC Bank, in which the family holds a significant stake.

• Peponi School – an elite private school in Nairobi.

• Land and real estate – the family is believed to own thousands of acres of land throughout Kenya.

In addition to business, the Kenyatta family has a major presence in Kenya’s political and financial sectors. Their strong influence in both business and politics has helped grow their wealth over the years.

3. Philip Ndegwa Family – Estimated Net Worth: $1.8 Billion

Philip Ndegwa was a respected economist and once served as the Governor of the Central Bank of Kenya. His family has since become one of the richest in the country through financial services and insurance.

Key investments of the Ndegwa family include:

• ICEA Lion Group – one of the largest insurance companies in Kenya.

• NCBA Bank – the family holds a significant stake here as well.

• Real estate and property development – across Nairobi and other regions.

The Ndegwa family has built a strong financial empire through investments in insurance, banking, and real estate. Their legacy is one of careful business planning and smart investment decisions.

4. Chandaria Family – Estimated Net Worth: $1.7 Billion

The Chandaria family, led by the well-known businessman Dr. Manu Chandaria, is a household name in Kenya. The family's wealth was built through the Comcraft Group, a multinational manufacturing company that produces steel, aluminum, and plastic products. The company operates in over 40 countries worldwide.

Manu Chandaria is not just known for his business skills but also for his charitable work. Through the Chandaria Foundation, the family supports education, health care, and community development projects across Kenya.

Their commitment to both business and giving back to the community makes the Chandarias some of the most respected individuals in the country.

5. Biwott Family – Estimated Net Worth: $1.1 Billion

Nicholas Biwott, also known as "Total Man," was a powerful and wealthy businessman and politician before his death in 2017. His family has continued to manage and grow his investments.

Some of the Biwott family's major holdings include:

• Yaya Center – one of the most popular shopping malls in Nairobi.

• Air Kenya – a regional airline.

• Real estate and construction – various buildings and infrastructure projects.

Biwott’s wealth came from both public service and private investment. His family remains one of the most financially powerful in Kenya today.

6. Mama Ngina Kenyatta – Estimated Net Worth: $1 Billion

Mama Ngina Kenyatta is the widow of Kenya’s first president, Jomo Kenyatta, and the mother of Uhuru Kenyatta. She holds a strong influence in the Kenyatta family's businesses and is one of the wealthiest women in Africa.

Her business interests span:

• Real estate – owning properties in Mombasa, Nairobi, and other cities.

• Hospitality – shares in some of the top hotels and resorts.

• Banking – including shares in NCBA Bank.

Mama Ngina has played a major role in maintaining and growing the family’s fortune. She is highly respected for her business acumen and continues to be involved in philanthropic work.

7. Sameer Naushad Merali – Estimated Net Worth: $790 Million

Sameer Merali is the son of the late billionaire Naushad Merali. After his father's passing in 2021, Sameer took over the leadership of the family business, the Sameer Group. This business empire includes companies in sectors such as:

• Manufacturing – tires, batteries, and electronics.

• Telecommunications – shares in Airtel Kenya.

• Agriculture – farming and agricultural products.

Under Sameer’s leadership, the group continues to grow, making him one of the youngest billionaires in Kenya.

8. Bhimji Depar Shah – Estimated Net Worth: $750 Million

Bhimji Depar Shah is the founder of Bidco Africa, a fast-moving consumer goods (FMCG) company known across Africa. Bidco makes products like edible oils, soaps, beverages, and detergents.

Bidco Africa is present in over 13 African countries, making it one of the largest manufacturing companies in the region. The company continues to expand its market and introduce new products.

Bhimji Shah's wealth comes from decades of innovation and investment in Kenya’s manufacturing industry.

9. Jaswinder Singh Bedi – Estimated Net Worth: $680 Million

Jaswinder Singh Bedi is a top player in Kenya’s textile industry. He runs Bedi Investments Ltd, a group of companies involved in textile manufacturing and garment production. His factories are responsible for some of the biggest exports from Kenya under the African Growth and Opportunity Act (AGOA).

Bedi has been praised for helping create thousands of jobs, especially for young people and women. His contribution to Kenya’s economy through exports and job creation makes him one of the most influential businessmen in the country.

10. Uhuru Muigai Kenyatta – Estimated Net Worth: $530 Million

Uhuru Kenyatta, Kenya’s former president, is also a successful businessman. While part of his wealth comes from his inheritance, he has also built his own investment portfolio.

His investments include:

• Brookside Dairy – a leading milk processing company.

• NCBA Bank – where he holds shares.

• Peponi School – an exclusive private school.

Even after retiring from politics, Uhuru continues to be active in both local and international business affairs.

Summary Table of Kenya’s Richest Men (2025)

Final Thoughts

The richest men in Kenya in 2025 are not just wealthy—they are also influential figures who have shaped Kenya’s economy and society. They have invested in important sectors like education, health, media, and manufacturing, and they have helped create jobs for thousands of people.

While some of them inherited their wealth, most have worked hard to grow their businesses and leave a legacy. From family-owned empires like the Mois and Kenyattas to self-made industrialists like Manu Chandaria and Bhimji Shah, these individuals are proof that smart business choices, patience, and vision can lead to success.

As Kenya continues to grow, we can expect to see even more individuals rise to financial greatness, especially with new industries like technology, e-commerce, and green energy emerging.