Tag: Kenyan Family

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Wealthy Kenyatta family gains $11.6 million from stake in NCBA since start of 2022

The Kenyatta family owns a 13.2-percent stake in NCBA Group.

Kenyan sugar baron Jaswant Rai-linked firm seeks approval to set up $42.2-million factory

The Rai family is one of the wealthiest families in Kenya.

Moi family of Kenya buys back majority stake in power company from steel magnate Narendra Raval

The lucrative deal is part of efforts to retrieve some of the family's assets.


Kenyan tycoon John Kimani gains $3.7 million in 45 days

Kimani, known for his diverse investment portfolio, owns a 34.54-percent stake, equivalent to 6,762,133 shares, in Kakuzi. 

Hip-hop’s first billionaire Jay-Z scores legal win, pocketing $7.2 million

The legal saga began in 2016 when Parlux, renowned for its ties with pop culture icons and fashion houses, filed a lawsuit against Jay-Z.

World’s richest Black woman Oprah Winfrey settles trademark lawsuit over ‘Oprahdemics’ podcast

Despite losing more than $100 million in 2022, the “Queen of Talk” remains the World’s richest Black woman.

Burkinabe tycoon Idrissa Nassa’s Coris Bank acquires Societe Generale’s assets in Mauritania, Chad

The latest move places Nassa-led bank as a key player among the new generation of emerging lenders.