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What super rich Kenyans invest in

Kenya gained 39 dollar millionaires in the past year.

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by WILLIAM WANYOIKE

Infographics04 March 2022 - 12:24
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In Summary


•Kenya’s super-wealthy invest their fortunes in special homes for the elderly.

•Kenyans with a net worth of more than Sh3.4billion also prefer investing in quality healthcare and data centres.

Kenya gained 39 dollar millionaires in the past year despite the tough economic times occasioned by the Covid-19 pandemic, a new report shows. 

These are individuals whose net worth, inclusive of their primary residence surpassed $1 million (Sh113.8 million)as at October 2021.

According to the Knight Frank Wealth Report 2022 released on Wednesday,  this pushed up the number of Kenya's dollar millionaires from 3,323 in 2020 to 3,362 in 2021 representing a one per cent increase.

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