Is Kenyatta family the richest in Kenya?
It is with no doubt that the former first family, the Kenyatta family is one of the wealthiest in the country.
How much is Kenyatta family net worth?
The Kenyatta family has made investments in almost every industry, such as banking through shares in NCBA Group PLC, tourism with Heritage hotels, mining, insurance, airline, education, agriculture, real estate, and energy.
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According to a report by Forbes, the Kenyatta family has huge tracts of land approximated at over 500,000 acres. Their net worth is estimated to be around $2.5 billion.
Kenyatta family schools
The family of Uhuru Kenyatta owns Peponi Group of Schools which is one of the most expensive schools in Kenya.
It is situated in the Gicheha property in Ruiru, held by the Kenyatta family and currently known as Northlands City, along the Thika Superhighway.
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The cost for a parent who chooses to send their child to Peponi School is Ksh3.3 million per year for a full border, or Ksh1.1 million per term.
Details of Kwa Uhuru estate
The prominent family has invested in a mabati estate, Kwa Uhuru, which is located in Kitengela.
The family of Mzee Jomo Kenyatta owns the land on which the estate, which is two decades old, is located.
According to the standard, the former First Family receives income from these properties, which is collected by a caretaker and an agent working on their behalf.
Also as per the report, the monthly rent of the ‘Mabati’ houses owned by the Kenyatta family, ranges between Shs. 1200 to Shs. 1450.
So, this means after collecting the rent in each and every month, the Kenyatta family gets at least Shs 250,000 from the ‘slum’ houses.
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Most of the tenants who stay in these houses are those who work Exotic Penina Fields Group Limited which is a carnation farm.
The houses are constructed in blocks, have porches, and space for vegetable gardens in the front yards.
Kwa Kenyatta Estate, has 24-hour security and a borehole that continuously supplies water to its tenants.
