Richest women in Kenya & their net worth (Latest List)

Richest women in Kenya: Although men are comparatively richer than women in Kenya, there are few women who are extremely rich. Looking at the list, there are women whose net wealth is in excess of Ksh. 50 billion.

Their wealth was either inherited or acquired through setting up business ventures. Before we take a look at the list of the top women, some of the other notably wealthy women in Kenya include:

1). Anne Waiguru, Governor and former government minister.

2). Njeri Rionge, founder of Wananchi online.

3). Esther Muchemi, founder and CEO of Samchi Telecom.

4). Sadhna Thakrar, owner of Naiya Indian Fashions and spouse to the CEO of WPP Scangroup Bharat Thakrar.

5). Wacera Maina, betting industry, stake in SportPesa.

6). Armajeet Patel, co-owner of husband Bloobhai Patel’s multi-billion investments.

9). Dr. Catherine Nyongesa, CEO of Texas Cancer Centre.

1. Mama Ngina Kenyatta

Ngina Kenyatta, popularly known as “Mama Ngina”, is former First Lady of Kenya. She is the widow of the country’s first president, Jomo Kenyatta, and also the mother of President Uhuru Kenyatta.

Her Source of wealth include imports and exports, banking,real estates.She holds a vast collection of prime real estate her husband acquired in the 1960s and the 1970s during a British colonial government and world-bank sponsored settlement transfer scheme, which allowed government officials and rich Kenyans to acquire land from British colonialists at cheap prices.

Mama Ngina Kenyatta and her family owns stakes in Kenya’s largest dairy company Brookside Dairies, media company Mediamax, Heritage Hotels, Commercial Bank of Africa and hundreds of thousands of prime Kenyan land. (Forbes)

2. Tabitha Karanja

Tabitha Karanja is the founder and CEO of Keroche Industries Ltd. The award winning entrepreneur took a whooping Sh 1 billion from their hardware in Naivasha and pumped it into her wines and spirits business.

When she started the company in 1997, the liquor industry was heavily dominated by East African Breweries Limited. It took her 5 good years to penetrate the industry.

Today, the business is an empire, making annual profits in the tune of billions.
She was crowned as the Business Woman of the Year at the CNBC Africa All Africa Business Leaders Awards (AABLA) in 2014.

3. Leah Wanjiku Muguku

She’s a kin of the late business magnate Nelson Muguku, closes the exclusive list of the stock market’s women billionaires who are also among the richest women in Kenya, having gained Sh306.9 million in the same period. Ms Muguku, who is listed as the representative of the late Muguku’s estate, holds a 0.9 per cent stake in Equity Bank worth Sh1.6 billion — a residual stake that remained after the family sold shares worth billions of shillings following the death of the entrepreneur five years ago.

4. Lucy Mwiti & Faith Mwikali
The two women were listed among the top taxpayers by KRA in 2017. They are classified among Kenya’s High Net Worth Individuals (HNWIs) whose annual income lies between Ksh. 350 million and Ksh. 1 billion.