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Richest Person in Kenya Whose Father Once Made Shs 1.6 Billion in an Hour

Kenya is home to numerous businesspeople and entrepreneurs who have achieved significant success through perseverance and hard work. Their impact extends not only within the country but also beyond its borders.

Among these successful individuals are several billionaires and millionaires who have made substantial investments across various sectors of the Kenyan economy.

In this context, Times Digital highlights the wealthiest person in Kenya, Sameer Merali.

Sameer Merali’s Net Worth and Wealth

Sameer Merali is currently the richest person in Kenya, with an estimated net worth of $790 million, according to a report by Nairobi Leo. He is the son of the late business tycoon Dr. Naushad Noorali Merali. Following his father’s passing a few years ago, Sameer took over the family’s business empire.

The Merali business empire has investments in diverse sectors, including IT, agriculture, and manufacturing, among others.

Sameer Merali’s Educational Background

Sameer Merali pursued a Bachelor of Science degree in Management Sciences at King’s College in London, United Kingdom. He later furthered his education by earning a Master of Science degree in Banking and International Finance from City University Business School in London.

After completing his education, Sameer began his career at Merrill International Bank Limited before joining his father’s company three years later.

Dr. Naushad Noorali Merali: A Remarkable Business Mind

Sameer Merali’s father, Dr. Naushad Noorali Merali, was known for his sharp business acumen. According to a report by Kenyans.co.ke, he once made an impressive Shs 1.6 billion in just one hour, thanks to his keen decision-making skills.

Dr. Naushad amassed his wealth through savvy business deals over many years, and this particular deal stands out as a testament to his remarkable business mind.