List of Richest Women in Kenya

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.

  1. Jane Wanjiru Michuki
  2. Tabitha Karanja
  3. Ngina Kenyatta
  4. Margaret Saitoti
  5. Leah Wanjiku Muguku
  6. The Late Josephine Watiri Michuki
  7. Njeri Rionge
  8. Margaret Bryson
  9. Ann Waiguru
  10. 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
  • ¬†Litigation

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
  • Mediamax

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.

Conclusion

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!

Simon Mwangi
Simon Mwangi
As a freelance writer with a background in banking and accounting, Simon has the financial know-how to produce quality content on various topics. His experience gives him a strong foundation in understanding complex financial concepts and communicating them in an easy-to-understand way. Follow him on Linkedin

Related

Continue reading

The Importance of Retirement Planning in 2023

Many people do not realize the importance of retirement planning until it is too late. We all know that we should have started saving for retirement when we were younger, but how many of us did? According to a study...

9 Simple Ways to Save for Retirement in 2023

You get it if you want to retire someday or are already happily retired. You get that time is flying by, and if you don't want to work until the day you die, you need to plan for your...

List of Highest Currencies in Africa 2023

Ever wondered which African country has the highest currency in Africa? I will tell you in this article where we will list some of the highest currencies in Africa. The African continent is home to 54 countries with various...

Best Logbook Loan Providers in Kenya (Updated 2023)

Hey, are you looking for logbook loans in Kenya? We've done our research & here is the complete list of logbook lenders in Kenya in 2023. Let's get started. Where can I get a logbook loan in Kenya? Here is a list...