There is no doubt that the former First Family, the Kenyatta family, is one of the wealthiest in the country as well as in East Africa.
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 owns vast tracts of land totaling over 500,000 acres, and their net worth is estimated at 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 Kenyatta family estate
The prominent family has also invested in a mabati estate, Kwa Uhuru, which is located in Kitengela.
The family of Mzee Jomo Kenyatta owns the land on which the two-decade-old estate 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, according to the report, the monthly rent for the ‘Mabati’ houses owned by the Kenyatta family ranges between Shs 1,200 and Shs 1,450.
This means that after collecting rent each month, the Kenyatta family earns at least Shs 250,000 from the ‘slum’ houses.
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Most of the tenants living in these houses work at Exotic Penina Fields Group Limited, a carnation farm.
The houses are built in blocks, feature porches, and have space for vegetable gardens in the front yards.
Kwa Kenyatta Estate has 24-hour security and a borehole that provides a continuous water supply to its tenants.
