Top 20 Richest People in Kisumu (2024 Edition)
Kisumu, one of Kenya's largest cities, has produced and attracted notable entrepreneurs, industrialists, and political leaders who have amassed significant wealth through diverse ventures. This list highlights the top 20 wealthiest individuals and families associated with Kisumu in 2024, factoring in private business ownership, real estate, corporate investments, and public visibility.
1. Raghbir Singh Chatthe & Family
Source of Wealth: Kibos Sugar & Allied Industries, Kibos Distillers, Kibos Paper
Estimated Net Worth: $350 million (KSh 45 billion)
The Chatthe family owns the expansive Chatthe Group, which dominates the sugar, ethanol, paper, and packaging sectors in Western Kenya.
2. Sunil & Kamal Shah
Source of Wealth: United Millers Ltd, United Oasis, United Mall, other proerties
Estimated Net Worth: $180 million (KSh 23 billion)
The Shah brothers own one of Kenya's largest food manufacturing and distribution companies with a significant retail presence in Kisumu, various posh housing estates and United Mall.
3. Abdinasir Ali Hassan
Source of Wealth: Hass Petroleum
Estimated Net Worth: $150 million (KSh 19 billion)
Founder and chairman of Hass Petroleum, a regional energy giant that began in Kisumu and now operates across Africa and the Middle East.
4. Raila Odinga
Source of Wealth: East African Spectre Ltd, Be Energy, Real Estate, Politics
Estimated Net Worth: $100 million + (KSh 13 billion) with some estimates at $400
Kenya's former Prime Minister has vast business interests including an LPG manufacturing plant, Aviation fuel Supply, land holdings to Mention but a few.
5. Bethuel Abuto
Source of Wealth: Transport, Real Estate, Government Tenders
Estimated Net Worth: $15–40 million (KSh 2–5.2 billion)
Kisumu's transport and real estate tycoon, he owns a vast fleet of matatus and buses, petrol stations, logistics company oeprating across africa & Middle East, and secures major government contracts. Bathuel has always kept away from public and media.
6. Vinod Patel
Source of Wealth: Skylark Construction Ltd
Estimated Net Worth: $3.2 million (KSh 400 million)
Founder of Skylark Group, a leading construction firm in Western Kenya with links to major infrastructure projects and a Very close friend to H.E Raila Odinga.
7. Prof. Anyang' Nyong'o & Family
Source of Wealth: Real Estate, Politics, Academia
Estimated Net Worth: $20 million (KSh 2.6 billion)
The Kisumu Governor's wealth is tied to land, family investments, and a high-profile public career.
8. Dr. Hezron McObewa
Source of Wealth: OGRA Foundation, Real Estate, Health Sector
Estimated Net Worth: $18 million (KSh 2.3 billion)
Philanthropist and businessman with deep ties in health, infrastructure, and real estate.
9. The Patel Family (Mini Bakeries – Supa Loaf Kisumu)
Source of Wealth: Supa Loaf Distribution, Real Estate
Estimated Net Worth: $15 million (KSh 2 billion)
Manage operations and distribution of Supa Loaf and other bakery assets in Western Kenya.
10. The Merali Family (Post-Naushad Merali)
Source of Wealth: Telecommunications, Agribusiness, Real Estate
Estimated Net Worth: $12 million (KSh 1.6 billion)
Though based in Nairobi, the Meralis have notable business holdings and land in Kisumu.
11. Lupita Nyong'o
Source of Wealth: Acting, Endorsements, Investments
Estimated Net Worth: $10 million (KSh 1.3 billion)
Oscar-winning actress with global endorsements and family real estate ties to Kisumu.
12. Paul Ogweno
Source of Wealth: Health Tech (Checkups Medical Hub), Real Estate
Estimated Net Worth: $9 million (KSh 1.2 billion)
Rising tech-health entrepreneur with investments across the Lake Region.
13. The Olweny Family
Source of Wealth: Engineering, Construction, Spirits (Olweny Wines)
Estimated Net Worth: $8 million (KSh 1 billion)
Own several infrastructure firms and brands in the beverage space.
14. Anvi Emporium Ltd Owners
Source of Wealth: Retail, Wholesale, Manufacturing
Estimated Net Worth: $7 million (KSh 910 million)
Operate a diversified business with outlets in Kisumu, dealing in stationery, hardware, lab supplies, and more.
15. Peter Anyang' Nyong'o Jr.
Source of Wealth: Real Estate, Creative Industries
Estimated Net Worth: $7 million (KSh 910 million)
Involved in family investments and the growing entertainment and property sectors.
16. Mrs. Dorothy Nyong'o
Source of Wealth: NGOs, Health Investments
Estimated Net Worth: $6 million (KSh 780 million)
Director of Africa Cancer Foundation with family ties to major investments.
17. Caroline Odoyo (Widow of Mark Too)
Source of Wealth: Real Estate, Agriculture, Logistics
Estimated Net Worth: $6.5 million (KSh 845 million)
Manages part of the late Mark Too's estate with major land and agribusiness interests in Western Kenya.
18. The Atito Family
Source of Wealth: Hospitality, Transport, Real Estate
Estimated Net Worth: $5 million (KSh 650 million)
Known for operating key businesses in Kisumu's hotel and transit sectors.
19. Captain Nyakundi
Source of Wealth: Aviation, Freight & Logistics
Estimated Net Worth: $4 million (KSh 520 million)
Once linked to Silverstone Air, now in logistics and aviation training.
20. The Adatia Family
Source of Wealth: Pharmaceuticals, Retail, Real Estate
Estimated Net Worth: $4 million (KSh 520 million)
Own chemist chains and property in Kisumu and beyond.
Final Thoughts
This updated list reveals the strong role of private industry, real estate, and regional business empires in shaping Kisumu's wealth landscape. While political influence plays a part, most of the city's richest individuals are self-made industrialists and entrepreneurs whose enterprises contribute immensely to the regional economy.
Note: Net worth estimates are based on publicly available data, media reports, and business valuations as of 2024. Some values may vary.