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May 13, 2025
7mo ago

Why Most Rich Kenyans Are Rushing to Purchase These 5 Products

Why Most Rich Kenyans Are Rushing to Purchase These 5 Products

The latest report highlights a paradigm shift from the traditional income-generating investments to value-driven luxuries...

✨ Key Highlights

Wealthy Kenyans are increasingly investing in luxurious products, with a particular focus on art, according to the2024 Knight Frank wealth report. The trend marks a shift from traditional investments to value-driven luxury purchases.

  • 72 per cent of wealthy Kenyans acquired fine art collections last year.
  • The report was published by Knight Frank on May 13, 2024.
  • Investments in art are driven by a desire to appreciate culture, providing long-term value and serving as a hedge against inflation.

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