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April 18, 2026
4h ago

Kenyan’s 16 Billionaires Worth Over Ksh 12B Each - Report

Kenyan’s 16 Billionaires Worth Over Ksh 12B Each - Report

In Africa, Kenya ranks number five with a total of over 6,000 millionaires in U.S. Dollars, and in the East African region, only Tanzania appears to be somewhat at par with Kenya in the number of billionaires...

✨ Key Highlights

Kenya has recorded 16 centi-millionaires, individuals with over $100 million in personal wealth, as its private wealth grew by 14% between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners.

  • Kenya is home to 16 centi-millionaires and approximately 6,800 millionaires (worth over $1 million).
  • Nairobi is the wealth capital, accounting for 47% of total private wealth and over 60% of millionaires.
  • Wealth growth is driven by sectors including banking, manufacturing, agriculture, real estate, and retail, with notable individuals like Bhimji Depar Shah and Narendra Raval listed among the country's richest.

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