10 Richest Women in Kenya 2022 It has become commonplace to discuss the wealthiest
people in a country.
However, we have made it normal to only discuss the wealthiest men in a country.
Have you ever wondered who Kenya's wealthiest women are?
The wealthiest women in Kenya are a hot topic of debate in the region, as there have been
numerous arguments and debates about the most powerful women in Kenya in terms of wealth.
A person's wealth is determined by a number of factors.
These include inheritance, family money, entrepreneurship, strategic marriages, and so on.
It is difficult to identify the wealthiest women in Kenya because their fortunes have
not yet been cataloged by Forbes magazine.
In today's video, we'll look at some of Kenya's wealthiest women, how they made their money,
and how much they're worth.
Please take a few moments to subscribe as we continue our journey.
10.
Dr. Catherine Nyongesa – $8 million Catherine is one of Kenya's wealthiest women,
owing largely to her invaluable contributions to Kenyans in the health sector.
Through her profession, she has been able to provide medical services that were previously
difficult to obtain due to a lack of or insufficient supply to meet the needs of everyone who requires
quality health care.
She is a radiation oncologist and physician who owns the Texas Cancer Center in Nairobi,
Kenya's capital.
Prior to the establishment of this center, many Kenyans were unable to receive adequate
care and quality health services, particularly those with cancer.
Despite the fact that the company was founded with a $1 million loan, Catherine was able
to quickly recoup the loan and has gone on to make a fortune.
9.
Wacere Marra – $14 million Wacere is a lucky woman when it comes to women
who made the majority of their fortune through marriage.
She is on this list of Kenya's richest women because of her marriage and inheritance from
the late Nairobi mayor, Dick Wathika.
She has built on her fortune since claiming it by investing in and acquiring a 21% stake
in Sportpesa, one of Kenya's largest bookmakers.
This investment proved to be a wise decision, as it generates millions of Kenyan shillings
each month.
Wacere also appears to be a commercial and business guru, as evidenced by a string of
successful investments in her portfolio.
Certainly, she has earned her place among Kenya's wealthiest women.
8.
Jane Wayiru Michuki – $15 million Jane is one of Kenya's most well-known female
lawyers.
Throughout her career, she has represented top clients throughout Kenya, including Equity
Group Holdings Limited, Kenya's largest bank in terms of value, deposits, and customer
base.
Aside from her legal career, she is also a very successful businesswoman.
Jane has purchased stock in a variety of companies in order to diversify and expand her portfolio.
And it's working, as they all bring her benefits on an annual basis.
Her largest investment to date has been in a British-American investment company in which
she owns 9%.
She is now the Nairobi Stock Exchange's largest female stockholder (NSE).
7.
Lucy Mwiti – $17 million Lucy is the youngest woman on this list of
Kenya's wealthiest women.
Her accomplishments to date are commendable, and it begs the question of what she will
be worth in the next ten years.
Lucy, also known as the "beauty and the brains," has everything it takes to move up this list
and become the richest female in Kenya, especially given the several years she has to increase
her earnings and net worth.
6.
Mary Okello – $18 million Being born into a wealthy family undoubtedly
helped Mary Okello become as wealthy as she is today.
Her family is not only wealthy, but also powerful and influential due to her father's involvement
in politics.
One of her siblings was once Kenya's ninth vice president.
That's to demonstrate how powerful her family was.
Despite growing up in a political family, Mary chose to be an entrepreneur.
Before becoming a full-fledged entrepreneur, she began her career as an employee at the
Ministry of Foreign Affairs following the completion of her university degree.
She held several national and international positions before leaving to start her own
business.
She is now one of Kenya's wealthiest women, thanks to her investments and earnings over
the years.
5.
Jane Wangui Njunguna – $18 million Jane Wangui is the wife of Equity Bank CEO
James Mwangi.
You'd agree with us that this is one powerful family dominated by business minds.
Together with her husband, she owns the majority of the stock in Kenya's largest financial
institution.
Jane appears to enjoy business investing with her husband, as they both have other portfolios
in their names.
Mary earns more than Kes200 million per year from Fitimbi Ltd, an investment company and
a majority shareholder in Britam insurance.
Her current net worth clearly places her among Kenya's wealthiest women.
4.
Leah Wanjiku Muguku – $19 million Given the number of women on this list as
a result of their investment in equity Bank, it's safe to say that this institution is
a gold mine for women in the country.
Leah Muguku is the late business tycoon Nelson Muguku's daughter.
As a result, the majority of her father's fortune in Kenyan shillings was transferred
to her name.
Despite the sale of the majority of her father's shares in the financial institution, Leah
still has a 0.9% stake in Equity Bank.
She also owns the Waterfront Mall, Kenya's largest shopping center.
With her investments in numerous growing businesses, I expect her net worth to continue to rise.
3.
Margaret Saitoti – $21 million Margaret Saitoti is the wife of Kenya's 6th
Vice President, George Saitoti.
Her husband was a great Kenyan politician, businessman, and American and British-trained
economist, mathematician, and development policy thinker.
Margaret was in line to inherit his fortune after his untimely death in a helicopter crash
in June 2021.
Margaret has not been a public figure since her husband's death, preferring to live in
privacy.
Despite the fact that she has been involved in a number of controversies, she has not
made many public appearances since then.
2.
Tabitha Karanja – $80 million Tabitha, along with her husband, is a self-made
Kenyan millionaire.
She and her husband started the fortified wine business together in the late 1990s.
Despite the numerous challenges her business faced in the Kenyan market, particularly the
heavy taxation of locally produced wines in Kenya, which nearly crippled her business,
she was able to scale through.
She achieved this by switching from locally produced wine to gin and vodka, which are
still available in the Kenyan market today.
Tabitha expanded her business from producing 60 000 bottles of drinks per day to 600,000
bottles after experiencing such success.
Her factory now has a net worth of $55 million.
She is arguably the most hardworking of Kenya's richest women.
1.
Ngina Kenyatta – $1 Billion Mama Ngina Kenyatta is the mother of Kenyan
President Uhuru Kenyatta and the wife of Kenya's first president, Mzee Jomo Kenyatta.
This, of course, makes her one of the most powerful women in the country, a position
that comes with a lot of perks, including a lot of money.
She was named to the list of Africa's top billionaires in 2012, along with the late
former cabinet minister Nicholas Biwott, by the Nigeria-based Ventures financial magazine.
Her fortune is estimated to be worth more than $1 billion, spread across real estate,
banking, hospitality, and other industries.
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