Types of Business Ventures Explored By the Richest People in Kenya

If you have ever wondered what kind of businesses the richest people in kenya engage in then this is the right article for you. In this article, I will be exploring differerent types of businesses that are ran by the richest people in Kenya. Some of the rich names that are going to be explored in relation to their businesses are Sameer Naushad Merali Mama Ngina Kenyatta, Bhimji Depar Shah, Peter Munga, Dr. James Mwangi and Uhuru Kenyatta among others.

Sameer Naushad Merali
Sameer Naushad Merali, known as one of Kenya’s richest individuals with a net worth exceeding 90 billion Kenyan shillings, is a key player in the business landscape. His wealth primarily comes from the Sameer Group, which operates across several sectors including agriculture, manufacturing, and real estate. The Sameer Group’s notable ventures include Sameer Africa, which specializes in tire manufacturing, and the agricultural firm Sameer Agriculture and Livestock Limited.

Mama Ngina Kenyatta
Mama Ngina Kenyatta, the widow of Kenya’s first President Jomo Kenyatta, has accumulated significant wealth through investments in multiple sectors. Her business interests include banking, hospitality, and real estate. Notably, she has substantial stakes in the Nairobi Serena Hotel and various real estate developments, contributing to her estimated net worth of $1 billion. 

Read also: Top 10 Richest People in Kenya in 2025

Bhimji Depar Shah
Bhimji Depar Shah, founder of Bidco Group, is a leading figure in Kenya’s manufacturing industry. Bidco Group is renowned for its production of edible oils, detergents, and personal care products. The company’s success has positioned Shah as one of Kenya’s wealthiest individuals, with his net worth estimated at $750 million.

Peter Munga
Peter Munga is a prominent businessman and the co-founder of Equity Group Holdings, one of Kenya’s largest banks. Under his leadership, Equity Bank transformed from a small building society into a major financial institution. Munga’s involvement in the banking sector has played a significant role in his wealth accumulation, making him a key figure in Kenya’s financial industry.

Dr. James Mwangi
Dr. James Mwangi, the CEO of Equity Group Holdings, has been instrumental in the bank’s expansion and success. His leadership has led to significant growth and innovation in the financial sector. Beyond banking, Mwangi is also involved in various philanthropic activities, further enhancing his profile as a notable Kenyan entrepreneur.

Uhuru Kenyatta
Former President Uhuru Kenyatta, with an estimated net worth of $530 million, has investments across diverse sectors. His notable ventures include Brookside Dairy, one of Kenya’s leading dairy companies; Peponi School; and Beta Healthcare. Kenyatta’s business portfolio reflects his influence in both the corporate and educational sectors.

Conclusion

The richest people in Kenya are involved in a wide range of business ventures that span multiple industries. From manufacturing and banking to real estate and agriculture, these individuals have diversified their investments to build and maintain their wealth. Their success stories provide valuable insights into the types of businesses that can thrive in Kenya’s dynamic economic environment.