The Kenyatta and Moi families have been among the most privileged in Kenya, having produced three Presidents of the country, a feat that has made them household names.
Aside from their prominence in political leadership, both families have amassed massive wealth through various investments over the years. As such, they have been labelled among the richest families in the country.
From investments in agriculture to real estate, hospitality, and media stations, both families have built vast business empires, earning recognition among Kenya’s wealthiest families.
But between the two, which family holds the greater wealth, and how extensive are their business interests?
Times Digital Kenya takes a closer look at the estimated net worth of each family, as well as the companies and investments they are linked to in Kenya and abroad.
The Kenyatta family
For decades, the Kenyatta family has built a multi-billion empire thanks to investments in key sectors in Kenya’s economy.
Some of the companies owned and linked to the family include, Mediamax Network Limited, a well known media company that owns K24 TV, People Daily newspaper, Milele FM, and Kameme FM, among other radio stations.
In hospitality, they own Heritage Hotels, which operates Voyager Beach Resort, Mara Explorer Camp, and Great Rift Valley Lodge.
In banking, they are huge shareholders in NCBA Group, whereas in agriculture, they own Brookside Dairy, a dairy processor whose product brands include Tuzo, Brookside, Delamere, and Ilara.
Also in agriculture, the Kenyatta family has huge land holdings, including Gicheha Farm in Nakuru County, which is focused on dairy, beef, and crop production.
In addition, they also own Timsales Holdings, famous for timber and forest products, as well as Beta Healthcare, a pharmaceutical and consumer goods manufacturing firm.
All in all, the Kenyatta family has heavily invested in real estate and land, with one of their most notable projects being Northlands City, a development in Ruiru, as well as Peponi School, an international school in Ruiru.
With investments in the sectors mentioned above, as well as many others not listed here, the Kenyatta family’s net worth is estimated to be between $2 billion and $2.7 billion, which translates to approximately KSh 260 billion to KSh 350 billion.
The Moi family
If there is a family that comes close to the Kenyattas in terms of not only political influence but also wealth, it is the Moi family.
Just like the Kenyatta family, the Moi family has a business empire worth billions and, even after the passing of Kenya’s second President, Daniel arap Moi, it has continued to grow.
Some of their investments include the media industry, where they own Standard Media Group, which houses KTN, one of Kenya’s leading television stations, and Radio Maisha, a top Swahili radio station.
The Moi family is also a major player in Kenya’s education sector, with interests in higher, preparatory, and secondary education. Some of the institutions associated with the family include Kabarak University, Moi Educational Centre, Moi High School Kabarak, Sacho High School, and Sunshine Secondary School.
The family also has interests in the hospitality sector through Merica Hotel and Lake Bogoria Spa Resort.
Being among the largest landowners in Kenya, the Moi family is estimated to own about 300,000 acres of land and is a major player in agriculture, with the Kiptagich Tea Estate being one of its most notable investments.
In addition, the Moi family owns Chester House, a prime commercial building in Nairobi’s CBD, as well as Regent Management, a property management firm with numerous residential units across Nairobi.
The Moi family, which is reportedly linked to more than 100 companies across different sectors, has an estimated net worth of around $3 billion (USD), which is an estimated KSh 300 billion.
