Ndung’u is a prominent Kenyan businessman and shareholder in Pevans East Africa.
Kenyan businessman
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Kenyan businessman Andrew Ndegwa loses nearly $2.4 million in two months from stake in NCBA
Ndegwa owns 4.3 percent of NCBA Group, making him one of the bank’s most significant shareholders.
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After Kirubi’s passing, his son and daughter inherited 80 percent of his fortune.
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Raval was reported to have a net worth of $400 million in 2015.
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The move follows a special resolution by Sportpesa CEO Ronald Karauri and other key stakeholders at Pevans East Africa.
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Rai ranks as one of Kenya’s richest businessmen.
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Kimani owns a 32.3-percent stake in Kakuzi.
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Ndung’u and Asenath Wachera Maina each owned 17 and 21 percent of Pevans East Africa.
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Mwangi has been instrumental in driving the Equity Group’s growth and success, implementing a range of initiatives and programs.
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Kariuki’s business empire is vast and covers several industries, including energy, hospitality, real estate development, and more.