Save for emergencies and unforeseen events like sudden death and accidents or sickness, many expenses don’t come as a surprise. [Courtesy]Just how deep do your pockets need to be to join the top one per cent of the wealthiest people in Kenya? According to the 2021 wealth report by Knight Frank, if you have assets and cash (minus debt/mortgages) worth Sh2.2 million (20,000 USD), then you, my friend, are doing extremely well, at least by Kenyan standards. So chances are many people around you right now, even while living a seemingly comfortable life, do not have a net worth of Sh2.2 million. I also walked past billboards displaying houses for sale, well above Sh2.2 million.

Source: Standard Digital July 05, 2021 12:11 UTC