Dollar-millionaires in Kenya grow 20pc, Knight Frank report
The latest Knight Frank Wealth & Investment Trends report shows that 44 percent of wealth managers reported growth of between 11 and 20 percent in their HNWI client base between 2025 and 2026...
✨ Key Highlights
The number of dollar-millionaires in Kenya saw a significant increase of up to 20 percent in 2026. This growth is highlighted in the latest Knight Frank Wealth & Investment Trends report.
- Up to 20 percent growth in the high-net-worth individual (HNWI) client base, defined as those with at least $1 million in liquid financial assets.
- The report was produced by Knight Frank, a global real estate consultancy.
- Despite the overall growth, the ultra-high-net-worth segment (portfolios between $501 million and $1 billion) showed a slight downward recalibration.
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Kenya's Wealth Growth and Investment Trends Expand - July 2026
Kenya's dollar-millionaire population grew by 20% in 2026, according to the Knight Frank Wealth & Investment Trends report. Simultaneously, Kenyan high-net-worth individuals are increasingly prioritizing local investments over those in the United Kingdom and South Africa, driven by market familiarity and emerging opportunities. The Central Bank of Kenya licensed 25 new Digital Credit Providers, bringing the total approved digital lenders to 252. Additionally, the National Infrastructure Fund is seeking a new CEO to lead its Sh2 trillion infrastructure investment vehicle designed to fund major projects.
