Have you ever wondered who the richest women in Kenya are? Well, several factors go into determining one’s wealth. These include family money, inheritance, entrepreneurship, strategic marriages, etc. It isn’t easy to ascertain the wealthiest women in Kenya because their riches have not been cataloged by Forbes magazine yet. In this article, I will take you through some of the richest women in Kenya, how they made their money, and their estimated net worth.
Top 10 Richest Women in Kenya
Here are the top 10 richest women in Kenya.
- Jane Wanjiru Michuki
- Tabitha Karanja
- Ngina Kenyatta
- Margaret Saitoti
- Leah Wanjiku Muguku
- The Late Josephine Watiri Michuki
- Njeri Rionge
- Margaret Bryson
- Ann Waiguru
- Charity Ngilu
Women are phenomenal; they raise societies and grow economies when empowered. Kenya’s women stock market billionaires have been doing well for themselves recently, with one woman adding nearly Sh2 billion to her paper wealth in the first half of 2018 alone!
Read also: Richest People in Kenya.
List of Rich Women in Kenya
1. Jane Wanjiru Michuki
Jane Wanjiru is the managing partner at Kimani & Michuki advocates. She is an ardent investor, businesswoman, and lawyer. She is the most significant female investor in the Nairobi stock exchange market, with over 1.2 billion.
It’s worth noting that Jane Wanjiru Michuki practices law in the following areas:
- Alternative Dispute Resolution
- Constitutional & Administrative Law
Some of the companies she has shares in include the British American investment company and Equity group Kenya. Her total net worth is estimated to be USD 60 million.
2. Tabitha Karanja
Tabitha Karanja is the founder and CEO of Keroche breweries Limited Kenya. She is an award-winning entrepreneur. The business today has an annual turnover of billions.
In 2014, she has crowned the Business Woman of the Year at the CNBC Africa All Africa Business Leaders Award.
Tabitha Karanja’s net worth cannot miss out on the list of the richest women in Kenya.
3. Ngina Kenyatta
Ngina Kenyatta is the first first lady in the Republic of Kenya. In Kenya, she is popularly known as Mama Ngina. Mama Ngina Kenyatta owns vast prime real estate land all over Kenya, which his late husband left behind.
In addition, part of her wealth comes from imports and exports. Other investments include:
- Brookside diaries
- Heritage hotels
- Commercial bank of Africa
4. Margaret Saitoti
Margaret Saitoti is the widow of the Late Security minister George Saitoti. She, Margaret Saitoti, received all his husband’s assets upon death. At his end, George Saitoti was worth around 20 billion.
5. Leah Wanjiku Muguku
Leah Wanjiku is the kin of the late business magnate Nelson Muguku. She ranked second on the list of highly traded women stocks on the Nairobi Stock exchange market. She was selling at Sh306.9 million in the said period.
6. The Late Josephine Watiri Michuki
The late Josephine Watiri was the late Environment Minister, Michuki. She was a humble lady. Upon her husband’s death, the media rumored that her late husband left her with much wealth. Late Mrs. Michuki was known for her big smile and was easy to interact with. During the years of her husband’s participation in politics, she was always the one behind him, gunning a lot of votes.
7. Njeri Rionge
Njeri Rionge is one of Africa’s leading pioneer investors in the ICT industry. She is an entrepreneur who has founded various organizations such as:
- Wananchi Online
- Ignite consulting
- Wananchi Group Holdings
- Njeri Rionge Business Consulting Inc.
- Business Lounge
- Insite Limited
Wananchi Group Holdings raised US$57.5 million last year in growth capital from international investors. In addition to her other investments, Njoki is worth billions of shillings.
8. Margaret Bryson
Margaret Bryson is the wife of the late Charles Njonjo, popularly known as “The Duke of Kabeteshire.” She has extensive landholding all over the country. In addition, it is also rumored that she holds high investments in Large banks and insurance companies operating in Kenya. Moreover, Margaret married Charles when he was 52 years of age. Mr. Charles Njonjo was the first post-independence attorney general from 1963-1974.
9. Ann Waiguru
Ann Waiguru is the current Kirinyaga governor. Ms. Ann declared that she owns property worth Sh.160M. Her properties are sprawled all over the city ranging from Kitsuru, Lukenya, and mlolongo. Ms. Waiguru has been in public service for a long time now.
10. Charity Ngilu
Charity Ngilu is the second governor of Kitui county. She is a veteran politician who has served as a cabinet secretary, Minister, and parliament member. As a result, she has amassed large amounts of salary while still a public service upon the death of his husband, Eng. Michael Mwendwa Ngilu, Ms. Charity, was left to manage a vast business empire.
A part of being a successful entrepreneur is having the drive and work ethic to pursue your goals. All it takes is strategic planning and preparation for success if you have that! In this article, we’ve discussed what makes up one’s net worth, how they make their money, and who are some of the richest women in Kenya – which you’ll also also recognize from our list. What would be your advice for someone considering entrepreneurship? Let us know on Facebook or Twitter!