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Originally published by Capital Businessbusiness
September 19, 2025
3h ago
Kenya’s wealthy turn to art and classic cars investments, report
NAIROBI, Kenya, Sept 19 – High-net-worth individuals (HNWIs) in Kenya are showing a growing appetite for passion-driven investments, with art, classic Kenya breaking news | Kenya news today |..
✨ Key Highlights
Wealthy Kenyans are increasingly investing in passion-driven assets like art and classic cars, signalling a shift from traditional real estate and a growing confidence in the domestic economy. This trend aligns with a reduced interest in seeking foreign residency.
- According to the Wealth Report 2025 – Kenya Edition by Knight Frank, 72 percent of wealthy Kenyans are interested in art, and 50 percent in classic cars.
- Fewer than 10 percent of High-Net-Worth Individuals (HNWIs) are considering applying for second passports or alternative citizenship in 2025.
- 72 percent of wealthy Kenyans now factor community impact into their property investment decisions, driven by environmental, social, and governance (ESG) considerations.
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