Equity Bank CEO James Mwangi, and Jimmy Wanjigi share the spoils in third position, with two per cent of respondents naming them. Other popular business persons that score one per cent include the founder of Keroche Breweries Tabitha Karanja and Bidco Africa co-founder Vimal Shah. The size of Kenya’s economy has expanded significantly in the recent times, churning out millionaires in a number of sectors. Real estate, food processing, hospitality and finance are just a few of the industries that have produced ultra-rich individuals. In the last decade, the size of the economy has expanded from Sh2.1 trillion to an estimated Sh9.5 trillion, with novel and ingenious business models and products putting Kenya on the global map.

Source: Standard Digital December 30, 2019 00:00 UTC