Here Is The List Of Billionaires Who Rule The Nairobi Stock Exchange From Murang’a County who commands Shares Worth Ksh 50 Billion.
Murang’a County has given birth to a slew of wealthy businesspeople and billionaire investors on the Nairobi Securities Exchange (NSE). According to 2019 statistics, the top five NSE investors are from Murang’a, with shares worth at least Ksh. 50 billion.
1. SK Macharia
SK is a media mogul. Macharia was born in Murang’a County’s Ndakaini Village. He is the creator and Chairman of Royal Media Services, Eastern Africa’s largest private radio and television network.
He has a wide range of commercial interests, including agricultural, real estate, transportation, and banking. He is said to be worth around Ksh. 40 billion.
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2. Jimnah Mbaru
He has a Ksh 1 billion interest in Britam. Mbaru has experience in the stock market and hence holds a larger number of holdings in numerous businesses.
He presently serves as Dyer and Blair Investment Bank’s Nairobi Head.
3. John Kibunga Kimani
Another one of the most mysterious billionaires is John Kibunga Kimani. He currently owns 30% of the agricultural goods company Kakuzi Limited, which is based outside of Nairobi.
His ownership means that the company is valued at Ksh 1.7 billion. His other publicly disclosed investment is a Ksh 400 million ownership in Nation Media Group. According to rumors, he has more stock market investments.
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4. Dr. Peter Munga
Dr. Munga served as the Equity Bank Group’s immediate past group chair. This organization is Africa’s largest bank holding company.
He founded the Equity Bank, and his share in the institution is thought to be worth more than a billion shillings. He has other investments worth billions of shillings in Britam and other companies.
5. James Mwangi
One of the most esteemed banking experts in the nation is James Mwangi. His disclosed interest in Equity Bank is worth Ksh 5 billion, Britam is worth Ksh 650 million, and he has a large number of other stock market shares. His commercial holdings amount to billions of shillings in total.
He is a member of the generation that succeeded their dads in the Rwathia village. He has led Equity Bank to operate in more than five of the region’s nations.
Equity Bank is the largest commercial bank in Africa by several customers, serving more than 10 million clients throughout the six African nations.
6. Benson Wairegi
Benson Wairegi, also from Rwathia village in Murang’a County, is the previous Managing Director of Britam. His stake in Britam is estimated to be worth Ksh 900 million.
He also has stock market investments in organizations such as Equity Bank and Housing Finance, among others.
Benson Wairegi, also from Rwathia village in Murang’a County, is the previous Managing Director of Britam. His stake in Britam is estimated to be worth Ksh 900 million. He also has stock market investments in organizations such as Equity Bank and Housing Finance, among others.