Apparently the richest Kenyan Kirubi has a wealthy of only $200 mln

[Geza Ulole]

Revealed: How Chris Kirubi Distributed His Ksh.20 Billion Wealth​

By Ian Omondi For Citizen Digital
Published on: January 28, 2022 01:05 (EAT)

File image of late industrialist Chris Kirubi. PHOTO | COURTESY

• Court records reveal that the late businessman owned at least six vehicles worth around Ksh.108 million.
• Kirubi also reportedly owned land worth over Ksh.3 billion.
• The business magnate held shares in numerous companies across various industries.

Just how rich was the late industrialist Chris Kirubi, you ask? Well, let me put it into context:
In June 2013, then U.S President Barack Obama was on a tour of three African countries and when he landed in the neighbouring Tanzania, he invited Kirubi over there for a meeting.

That’s a meeting anybody would kill for, but not Kirubi. The media mogul issued a public statement turning down President Obama’s invite.

​

Question: Do you know how rich you need to be to shoot down the Head of State of the most powerful country in the world with a “No, Thanks”? Answer: Kirubi rich!

Forbes, during a past profile of Kirubi, listed him as being worth about $300 million (over Ksh.34 billion); but court papers now say that he could have been worth around Ksh.20 billion.

That the billionaire was a man who loved the finer things in life is in no doubt, which is why it would only make sense that he drove around in some of the most expensive cars money could buy.

The court records reveal that the late businessman owned at least six vehicles worth around Ksh.108 million, among them: Mercedes Benz Maybach S500 (Ksh.29 million), Bentley GT (Ksh.28 million), and a Range Rover (Ksh.25. 6 million).

Kirubi also reportedly owned land worth over Ksh.3 billion in such areas as Loresho (Ksh.2 billion), Kwale (Ksh.111 million), as well as two other Ksh.60 million properties in Muthaiga and Mtwapa.

The business magnate held shares in numerous companies across various industries, these include KCB (Ksh.1.6 billion), Haco Industries (4.5 million shares worth Ksh.801 million), and Bendor Estate Limited (Ksh.5.6 billion).

He also had shares in Smart Applications International Limited (Ksh.641 million), Two Rivers Development (Ksh.214 million), and Bayer East Africa (Ksh.1.8 billion).

Other companies in which the mogul held six-figure shares included Kenya Re, Kenya Airways, Mumias Sugar Company, Diamond Trust.

The court documents stated that he had two accounts, one holding about Ksh.3 billion and a second with Ksh.177 million.

Kirubi, in his will, left 80 per cent of his estate to his son Robert Kirubi and daughter Mary Anne Kirubi. The two have however mutually agreed to give 9.95% of their shares to Kirubi’s second daughter Fiona Wambui Kirubi, who had only been bequethed Ksh. 4 million in the will.

The late businessman left the remaining 20 per cent of his estate to his siblings; brothers Anthony Maina and Dr. Michael Kirubi, and sisters Elizabeth Waithera and Salome Mburu.

Revealed: How Chris Kirubi distributed his Ksh.20 billion wealth

Forbes listed Chris Kirubi as being worth over Ksh.34 billion, but court papers now reveal that he could have been worth Ksh.20 billion.

www.citizen.digital

 

[Tony254]

Revealed: How Chris Kirubi Distributed His Ksh.20 Billion Wealth​

By Ian Omondi For Citizen Digital
Published on: January 28, 2022 01:05 (EAT)

File image of late industrialist Chris Kirubi. PHOTO | COURTESY

• Court records reveal that the late businessman owned at least six vehicles worth around Ksh.108 million.
• Kirubi also reportedly owned land worth over Ksh.3 billion.
• The business magnate held shares in numerous companies across various industries.

Just how rich was the late industrialist Chris Kirubi, you ask? Well, let me put it into context:
In June 2013, then U.S President Barack Obama was on a tour of three African countries and when he landed in the neighbouring Tanzania, he invited Kirubi over there for a meeting.

That’s a meeting anybody would kill for, but not Kirubi. The media mogul issued a public statement turning down President Obama’s invite.

​

Question: Do you know how rich you need to be to shoot down the Head of State of the most powerful country in the world with a “No, Thanks”? Answer: Kirubi rich!

Forbes, during a past profile of Kirubi, listed him as being worth about $300 million (over Ksh.34 billion); but court papers now say that he could have been worth around Ksh.20 billion.

That the billionaire was a man who loved the finer things in life is in no doubt, which is why it would only make sense that he drove around in some of the most expensive cars money could buy.

The court records reveal that the late businessman owned at least six vehicles worth around Ksh.108 million, among them: Mercedes Benz Maybach S500 (Ksh.29 million), Bentley GT (Ksh.28 million), and a Range Rover (Ksh.25. 6 million).

Kirubi also reportedly owned land worth over Ksh.3 billion in such areas as Loresho (Ksh.2 billion), Kwale (Ksh.111 million), as well as two other Ksh.60 million properties in Muthaiga and Mtwapa.

The business magnate held shares in numerous companies across various industries, these include KCB (Ksh.1.6 billion), Haco Industries (4.5 million shares worth Ksh.801 million), and Bendor Estate Limited (Ksh.5.6 billion).

He also had shares in Smart Applications International Limited (Ksh.641 million), Two Rivers Development (Ksh.214 million), and Bayer East Africa (Ksh.1.8 billion).

Other companies in which the mogul held six-figure shares included Kenya Re, Kenya Airways, Mumias Sugar Company, Diamond Trust.

The court documents stated that he had two accounts, one holding about Ksh.3 billion and a second with Ksh.177 million.

Kirubi, in his will, left 80 per cent of his estate to his son Robert Kirubi and daughter Mary Anne Kirubi. The two have however mutually agreed to give 9.95% of their shares to Kirubi’s second daughter Fiona Wambui Kirubi, who had only been bequethed Ksh. 4 million in the will.

The late businessman left the remaining 20 per cent of his estate to his siblings; brothers Anthony Maina and Dr. Michael Kirubi, and sisters Elizabeth Waithera and Salome Mburu.

Revealed: How Chris Kirubi distributed his Ksh.20 billion wealth

Forbes listed Chris Kirubi as being worth over Ksh.34 billion, but court papers now reveal that he could have been worth Ksh.20 billion.

www.citizen.digital

Nani amekuambia kwamba huyu ndiye alikuwa the richest man in Kenya?

 

[chongchung]

Nani amekuambia kwamba huyu ndiye alikuwa the richest man in Kenya?

Richest Kenyan ni yupi? Mama nginaa?

 

[Geza Ulole]

Richest Kenyan ni yupi? Mama nginaa?

si Wakunya walikuwa waki-brag humu!

 

[joto la jiwe]

Nani amekuambia kwamba huyu ndiye alikuwa the richest man in Kenya?

Ona jinsi mlivyowajinga, with only $200M Jamaa anaendesha gari zenye thamani 40% ya pesa zake, Kenya ninyi ni malimbukeni

 

[Nairobi Gossip Club]

Ona jinsi mlivyowajinga, with only $200M Jamaa anaendesha gari zenye thamani 40% ya pesa zake, Kenya ninyi ni malimbukeni

Wewe ndio mjinga sababu wazee wenzako wakitengeneza mihela wewe unakesha humu kuwashabikia na hata hawakujuhi.halafu moh ni Indian not even African

 

[kijana13]

Mtu alijua atakufa for cancer iliyomtesa ,so akaona Ni vyema aspend kila anavoweza Maana urithi wakutosha ameshawaachia wanae.

Sent from my Infinix X657 using JamiiForums mobile app

 

[NairobiWalker]

Most importantly, he is black. Secondly, this shows an equitable distribution of wealth - sio hapo kwenu wahindi na waarabu mabilionea wakati mwananchi mweusi ni fukara.

 

[NairobiWalker]

si Wakunya walikuwa waki-brag humu!

Sijawai ona Wakenya wakibrag about the richest Kenyan, huo upuzi ni wa Watanzania - alafu wanabrag na Wahindi na Waarabu.

 

[Geza Ulole]

Mtu alijua atakufa for cancer iliyomtesa ,so akaona Ni vyema aspend kila anavoweza Maana urithi wakutosha ameshawaachia wanae.

Sent from my Infinix X657 using JamiiForums mobile app

the pride of Kunyaland sio?

 

[Tony254]

Ona jinsi mlivyowajinga, with only $200M Jamaa anaendesha gari zenye thamani 40% ya pesa zake, Kenya ninyi ni malimbukeni

Tofautisha kati ya 100 million Kenya shillings na 100 million dollars. Gari zake nne zina thamani ya 100 million Kenya shillings sio dollars. Wewe huwa unaelewa mambo ya uchumi sana sijui leo umekuwaje? Thamani yake ni 200 million dollars yaani 20 billion Kenya shillings.

 

[Geza Ulole]

Tofautisha kati ya 100 million Kenya shillings na 100 million dollars. Gari zake nne zina thamani ya 100 million Kenya shillings sio dollars. Wewe huwa unaelewa mambo ya uchumi sana sijui leo umekuwaje? Thamani yake ni 200 million dollars yaani 20 billion Kenya shillings.

Sasa kama huyu ndo mlikuwa mnatamba nae humu ndani anakufa na court inasema (declare) he worths $200 mln n he was the richest man in the whole of Kunyaland, una cha kuongea tukisema mnapendaga ku-exaggerate mambo! HapHapo Kunyaland kuna individual mwenye $500 mln?

 

[Kinjekitile Jr]

Wewe ndio mjinga sababu wazee wenzako wakitengeneza mihela wewe unakesha humu kuwashabikia na hata hawakujuhi.halafu moh ni Indian not even African

MO ni Tanzanian tena kazaliwa bongo na mama yake ni mnyiramba kutokea singida

 

[Kinjekitile Jr]

Most importantly, he is black. Secondly, this shows an equitable distribution of wealth - sio hapo kwenu wahindi na waarabu mabilionea wakati mwananchi mweusi ni fukara.

Even Tanzania there are black $millionaires

 

[NairobiWalker]

Even Tanzania there are black $millionaires

List me the top 20 richest men in Tanzania.

 

[joto la jiwe]

Tofautisha kati ya 100 million Kenya shillings na 100 million dollars. Gari zake nne zina thamani ya 100 million Kenya shillings sio dollars. Wewe huwa unaelewa mambo ya uchumi sana sijui leo umekuwaje? Thamani yake ni 200 million dollars yaani 20 billion Kenya shillings.

Vyovyote vile, lakini gharama ya magari yake haiendani na pesa zake. Wakenya ni watu wa kujisifia na kujikweza sana

 

[joto la jiwe]

Sijawai ona Wakenya wakibrag about the richest Kenyan, huo upuzi ni wa Watanzania - alafu wanabrag na Wahindi na Waarabu.

Hahahaha, Leo hii mnakataa kujisifia matajiri, kabla ya taarifa kwamba Tanzania Ina $ millionaires wengi kuliko Kenya, mlikua kila siku mnajisifia kuwa na matajiri wengi kuliko Tanzania, kweli dunia ni duara.

 

[joto la jiwe]

Wewe ndio mjinga sababu wazee wenzako wakitengeneza mihela wewe unakesha humu kuwashabikia na hata hawakujuhi.halafu moh ni Indian not even African

Hahahaha, nani amemtaja Mo?, Imeanza kuweweseka sio?, Mnaposhabikia kuwa na GDP kubwa wakati bado maisha yako ni hovyo mbona hujiulizi?

 

[Geza Ulole]

Hahahaha, nani amemtaja Mo?, Imeanza kuweweseka sio?, Mnaposhabikia kuwa na GDP kubwa wakati bado maisha yako ni hovyo mbona hujiulizi?

Huwezi amini huyu Kirubi wa kelele mingi za Wakunya alikuwa size ya late Mufuruki!

Mr Mufuruki, whose net wealth was last quoted at $110 million by Ventures Africa, died while at Morningside Hospital in Johannesburg, South Africa.

Confirmed: Tanzania’s dollar millionaire Ali Mufuruki succumbed to Pneumonia

Tanzania’s dollar millionaire, who passed on on Saturday night, succumbed to pneumonia, a family friend said on Sunday, December 08, 2019.

www.thecitizen.co.tz

 

[Nairobi Gossip Club]

Hahahaha, nani amemtaja Mo?, Imeanza kuweweseka sio?, Mnaposhabikia kuwa na GDP kubwa wakati bado maisha yako ni hovyo mbona hujiulizi?

GDP ni general while billionaire is just one individual .fool!