List Of Companies Owned By Business Mogul Chris Kirubi

Chris Kirubi
Chris Kirubi. [PHOTO/ COURTESY]

Business mogul Chris Kirubi is estimated to be worth over $ 300 million (Ksh30 billion) becoming one of the wealthiest men in the country.

He chairs boards of at least seven companies including  DHL Express Kenya Limited, Haco Industries Kenya Limited, Kiruma International Limited, International House Limited, Nairobi Bottlers Limited, Sandvik East Africa Limited and Capital FM.

He is also non-executive director of Bayer East Africa Limited, UAP Provincial Insurance Company Limited and Beverage Services of Kenya Limited.

Read: List Of Businesses, Assets Owned By Moi Family

Among the companies he owns include:-

1. Haco Industries

He acquired Haco industries in 1998.  The company is known for the manufacture and distribution of household goods.

2.   Centum Investment Company

Chris Kirubi is the largest single investor in the company, whose stock is listed on both the Nairobi Stock Exchange and on the Uganda Securities Exchange.

The company has interests in real estate & infrastructure, financial services, Fast Moving Consumer Goods (FMCG), power, education, ICT, agribusiness and health.

The firm owns Two Rivers Mall.

3. Capital FM

Kirubi owns 100 percent shares of the urban radio station

4. UAP Insurance

Chris Kirubi is among the biggest shareholders in the underwriter, which is among the biggest insurance providers in the country.

He is also said to have shares in the Nation Media Group and the Kenya Commercial Bank.

During the 1960s and early 1970s, Kirubi worked as an Administrator at Kenatco, a government-owned transportation company. Starting around 1971, he began buying run-down buildings in the cities of Nairobi and Mombasa, renovating them and either selling the renovated structures or renting them out. He also began acquiring strategic pieces of land in and around Nairobi, and proceeded to erect rental residential and commercial properties on them, using loans from Kenyan financial institutions.

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