Mwai Kibaki was a prominent Kenyan politician who served as the third President of Kenya from December 2002 until April 2013. During his tenure as President, he was seen as a calming father figure, expected to guide the country through its transition from the long and challenging eras of the first two presidents to a more stable period of democracy and rule of law
Few, if any, anticipated that he could also be a crafty and wily strategist, capable of political maneuvering. He revived the dwindling fortunes of the Kenyan economy, improved infrastructure, increased revenue collection, and rehabilitated schools across the country.
On a personal level, Kibaki owned several impressive properties, and Times Digital Kenya uncovers the details of the empire he left behind.
Multi-billion empire that he left behind
When Kibaki breathed his last, he left behind a multibillion-shilling empire worth an estimated Ksh150 billion. However, a portion of it was locked in court following a dispute between two individuals claiming to be his children and seeking a share of his vast property.
Among the heirs of his multibillion-shilling estate, Kibaki had officially listed his four children: David Kagai, Anthony Githinji, Judy Wanjiku, and Jimmy Kibaki.
Here Are the Properties That Comprised the Empire;
Nairobi CBD Buildings
The late former President reportedly owned 14 floors of Union Towers, which he later sold to Mount Kenya University for KSh 800 million.
Muthaiga Home
Various conservative estimates place the value of Kibaki’s residential properties in the upmarket Muthaiga estate at KSh 600 million. This is the home where Mwai Kibaki spent his final moments with his family before his death.
Mweiga Estate
Ahead of his retirement, the state built a grand KSh 400 million home in Mweiga, Nyeri, for the President. The estate sits on a 100-acre piece of land reportedly donated by a firm in which Kibaki was a shareholder.
However, he spent much of his retirement at his Muthaiga home in Nairobi. Sources told local news outlet, The Nairobian, that Kibaki spent two to three days a week at his Mweiga home before returning to his Muthaiga residence in the city.
Ranches & Mini-City Project Owned by Kibaki
Located near the Menengai Crater in Nakuru, the Mini-City project is another property left behind by Mwai Kibaki and is valued at several billion shillings.
Othaya Rural Home
The former President owned a 20-acre farm in Othaya, where he was buried alongside his wife, Lucy Kibaki.
Initially, the land consisted of about 10 acres and a farmhouse, and it was where he mostly resided while serving as the Othaya MP.
After he became President, the state upgraded the home to meet the standards of a Head of State, expanding it to 20 acres. The property includes family houses, a police post, an airstrip, a tea farm, and around two acres of avocado trees.
In addition, Mwai Kibaki owned a 1,200-acre farm in Gingalili along the Nakuru-Nyahururu road, which includes a family gated community valued at Sh8 billion under Gingalili Farm (1968) Limited.
The Gingalili Farm is part of Lucia & Company, the late Mwai Kibaki’s holding company, which manages interests in hospitality, including Nairobi’s Silver Springs.
Kibaki also left behind the Green Hills Hotel in Nyeri, which was reportedly opened in 1979.
Following his demise, Kenya’s 3rd President’s family inherited Deacon East Africa. On top of that, Mwai Kibaki’s family has a son, Jimmy Kibaki, who also ventured into sports betting through OdiBets.
