The late Nicholas Biwott, often known as Total Man, was a well-known business tycoon who had substantial investments both domestically and abroad. People who knew him thought he was very reserved and shy.
How Did Nicholas Biwott amass his wealth?
Nicholas Biwott who is very popular among Kenyans served as a lawmaker for around 28 years.
In addition, Biwott served as a minister in the Ministries of Trade, State, Agriculture, Energy, Home Affairs, and Treasury, among other positions.
His business empire reportedly started to grow in 1969 when he bought the Eldoret Town International Harvester (IH) at the age of 29, as per his website nicholasbiwott.com. The ‘total man’ also bought the dairy farm in Kipsinende during the same period.
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How old was Nicholas Biwott when he died?
Biwott who served in the late president Daniel arap Moi 24 year old regime, died while he was 77 years old after a long illness. After passing away, Nicholas Biwott obviously left wealth amounting to billions for his family.
List of of companies owned by Nicholas Biwott include; Barsirim Investment, Kipsinende Farm, Rono Lt, National Milling Corporation (One of the biggest shareholder) , HZ Group of Companies, LZ Engineering, Premier Group of Companies, HZ Construction and Engineering and Air Kenya Aviation Ltd and many more.
Biwott family wealth
According to The Standard, Nicholas Biwott wealth remained a mystery throughout his lifetime as he never owned a phone leading him to borrow from his allies or even strangers when he urgently needed to do so.
However, as per the report, Nicholas Biwott net worth was around $1 billion.
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Nicholas Biwott will
Biwott had seven children with various women and in his will, he proposed for them to receive a portion of his estate.
Only his children received a piece of the late billionaire’s money; none of the women were named as beneficiaries in his testament.
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However, Ms Rita Field-Marsham asked to be removed from the beneficiaries list of her father’s substantial fortune.
One of Biwott’s two daughters, Rita, requested in a disclaimer letter to the court that all of her rights, titles, and interests in the one fourteenth portion that her father’s will had allotted to her be released.
I am named as a beneficiary of a share of the deceased’s estate. I wish to disclaim all my right, title and interest to the share in the deceased’s estate
However, Rita Field Marsham did not reveal the reason for turning down her dad’s multimillion inheritance.
In the will, Biwott stipulated that if any of the intended heirs declined to claim their part, the other members of the family would split it evenly hence it was done according to his desire at the end.
