24.6 C
Nairobi
Thursday, May 30, 2024
HomeWealthProperties And Businesses Owned By Billionaire Humphrey Kariuki

Properties And Businesses Owned By Billionaire Humphrey Kariuki

Humphrey Kariuki, the Kenyan billionaire and founder of Janus Continental Group, has made a name for himself in various sectors, including petroleum, energy, hospitality, and real estate. With an extensive portfolio of properties and businesses, Kariuki has established a global presence.

In this article, WoK looks at the ten assets and properties owned by this influential billionaire.

The Hub Karen

One of the billionaire’s notable investments in the real estate sector is The Hub Karen. Situated in Nairobi’s leafy Karen suburb, this premier open-air shopping mall covers a vast retail floor area of 35,000 square feet (3,300 m2).

With over 80 tenants, the mall offers retail spaces, offices, and a variety of local and international retailers. It also features a beautiful garden and lake, creating an inviting atmosphere for shoppers.

Dalbit Petroleum

Established in 2002, Dalbit Petroleum has emerged as one of the largest suppliers and distributors of petroleum products across East, Central, and Southern Africa.

The company’s operations span nine African countries and include nine strategically located fuel depots.

Dalbit Petroleum plays a crucial role in ensuring the smooth distribution of petroleum products, including Jet A1, Diesel, Petrol, Kerosene, Heavy Fuel Oil, and Lubricants.

Great Lake Africa Energy

Through GL Africa Energy (UK) Limited, a UK-registered company, Kariuki has made significant investments in energy solutions in the Great Lakes and Southern Africa regions.

The company aims to become a leading developer and operator of power projects. It has ongoing projects in Kenya, Uganda, Zambia, Mozambique, and other countries, with a focus on solar and thermal power plants.

Notably, GL Africa Energy operates a 105MW power plant in Ndola, Zambia, contributing to the country’s power grid.

Fairmont Mount Kenya Safari Club

Kariuki’s empire extends to the hospitality sector with the ownership of the prestigious Fairmont Mount Kenya Safari Club.

Acquired from KHI Kingdom Hotel Investments in 2015 for US$18 million, this 5-star luxury hotel is nestled within the Mount Kenya Wildlife Conservancy.

Set against the breathtaking backdrop of Mount Kenya, the hotel has 100 luxurious rooms and villas spread across more than 100 acres of landscaped gardens.

Mount Kenya Wildlife Conservancy and Animal Orphanage

Adjacent to the Fairmont Mount Kenya Safari Club, the tycoon owns the Mount Kenya Wildlife Conservancy and Animal Orphanage.

This conservancy plays a vital role in wildlife conservation efforts, specifically focusing on preventing the extinction of endangered species.

Through breeding programs and dedicated care, the conservancy aims to rehabilitate and reintroduce animals back into the wild, ensuring their survival for future generations.

Africa Spirits Limited (ASL)

ASL is a prominent player in the alcoholic beverages industry in Kenya. Founded in 2004, the company produces a range of spirits, including Vodka, Brandy, and Gin.

ASL’s products, such as Bluemoon Vodka, Legend Brandy, and Furaha Gin, have gained popularity in the Great Lakes and East Africa markets.

After a temporary closure due to tax evasion allegations, the company resumed operations in December 2022 under the ownership of Humphrey Kariuki.

Blue Ruby Group of Companies

Under the umbrella of the Blue Ruby Group, Kariuki’s conglomerate encompasses various business activities, including real estate, hospitality, and tourism.

This diversified group has played a significant role in driving economic growth and creating employment opportunities in Kenya and beyond.

The group’s commitment to quality and innovation has contributed to its success and solidified its position as a key player in East Africa’s business landscape.

Northwood Aviation

The 66 year old has interests in the aviation sector through the ownership of Northwood Aviation.

This aviation company provides a range of services, including aircraft charter, aviation consultancy, and ground handling services.

With a fleet of modern aircraft, Northwood Aviation serves various sectors, including tourism, corporate travel, and emergency medical evacuation, offering reliable and efficient air transportation solutions.

Janus Continental Group

At the heart of Kariuki’s empire is the Janus Continental Group, which oversees and manages his diverse portfolio of investments.

This group serves as the parent company for his various ventures, including Dalbit Petroleum, GL Africa Energy, Africa Spirits Limited, and many more.

With a vision for sustainable development and a commitment to excellence, the Janus Continental Group continues to drive growth and make a significant impact across multiple sectors.