After this, he set up several banks – Jimba Credit Corporation Limited, Union Bank Of Kenya Limited and the Kenya Savings & Mortgages Limited, all of which were taken over by former president Daniel arap Moi’s regime as a way to regulate the banking industry.
5, 6. Gerald Gikonyo and Gerishon Kirima
The two co-founded Rwathia Distributors influencing Mr Munga, Mwangi and Wairegi to work together as men from the same village, Rwathia.
According to a 2014 article by Dr Bitange Ndemo titled: The Mystery of Success, he highlights that Rwathia controls almost 20% of GDP and nearly half of stock market in the country.
“This village arguably controls almost 20 per cent of Kenya’s Gross Domestic Product (GDP) and almost 40% of the stock market in Kenya.
“Their forebearers like Gerishon Kirima and Gerald Gikonyo, one of the co-founders of Rwathia Distributors, were successful in spite of the fact that they had limited education. Rwathia’s third generation is succeeding, not just here in Kenya, but in far-flung areas like the United States, ” Ndemo noted.
The two apparently control the Rwathia groups of businesses which include prime properties in Nairobi, especially within areas on the east side of lower Tom Mboya Street, Ronald Ngara Street, River Road, among others.
7. Chris Kirubi
He was born in 1941. Mr Kirubi is a businessman, entrepreneur, industrialist and philanthropist. He is a Director at Centum Investment Company Limited, a business conglomerate, in which he is the largest individual shareholder.