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Browsing: Kenyan millionaires
Kenya is home to over 3,300 millionaires.
According to the 2022 Knight Frank wealth report, the number of self-made dollar millionaires increased by 39 to 3,362 in 2021.
The survey indicated that ultra-high net worth individuals (with a net worth of over Sh 3.4 billion) reduced by two 88 during the period under review.
During the release of the report, Knight Frank Wealth Report editor Andrew Shirley said he knew Kenyans for their tough resilience in running successful businesses.
“I have always been impressed by the high level of entrepreneurship in Kenya, having lived in Kenya before. You can see people creating money virtually out of nothing. Fortunes start from small seeds,” he said.
1. James Mwangi
James Mwangi is the managing director and chief executive officer of Equity Group Holdings Ltd.
The career banker grew up in Nyagatugu, a small village near the Aberdare