The Richest People In Meru County And Their Businesses

The Richest People In Meru County And Their Businesses

According to the last national census, Meru County is home to more than 1.5 million people. The county has great economic potential owing to various key sectors that generate income to the people.

Agriculture, which is generally referred to as the ‘green gold’ of the county is the biggest income generating activity in Meru. Meru farmers earn from milk production, miraa (khat), livestock and tea. Additionally, Meru is a tourist destination owing to various scenic attractions and the Meru National Park. This makes the hospitality sector a very viable investment.

Meru has produced a number of renowned tycoons who have made their fortunes mostly from the above mentioned fields.

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WoK takes a look at some of the richest men in Meru county.

Stephen Mutai M’imanyara family 

Until his demise in 2018, Stephen Mutai was known to be the richest man in Meru county who was the brainchild behind the foundation of Cooperative Bank. He had vast investments in agriculture and real estate. Mutai owned over 1000 acres of land in Central and Rift Valley and owned the famous Imenti House in Nairobi CBD.

Stephen Mutai M’imanyara. [Photo|Courtesy]
The former Kenya Tea Development Agency (KTDA) chair left his multi-billion property in the hands of his family including the wife Honesty Kanyua Manyara who was appointed as the sole administrator of the multi-sectorial empire.

However, M’imanyara’s property is marred with inheritance dispute after one of his alleged son who was sired out of wedlock went to court asking to be considered as a fellow administrator.

Engineer Lee Kimathi Njue alleged that the late tycoon was his biological father and even paid his school fees for prestigious overseas schools.

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Read Also: Stephen Mutai M’imanyara: The Richest Man In Meru Who Co-founded Cooperative Bank

Billionaire Francis Koome Njogu 

Francis Koome Njogu. [Photo|Courtesy]

Francis Njogu is the billionaire who built his empire through investment in the energy sector through Gulf Energy Holding. He was the firm’s managing director until 2019 when it was sold out to Rubis Energie. Through the sellout, Njogu made Ksh 1.9 Bn, coming second to Suleiman Shahbal who is estimated to have made Ksh 2.4 Bn.

Read more: Gulf Energy Owners: The Billions Each Shareholder Received From Rubis Buyout

Njogu owns Alba Hotel, a facility that is thought to be the best in Meru Town. Alba is composed of 51 guest rooms including presidential suites which charge at least ksh 40000 accomodation.

Read Also: A Tour Inside Meru’s Alba Hotel Owned By Billionaire Francis Koome Njogu

Rodgers Kipembe Mpuru 

Kipembe is a well known tycoon and has smashed the glass ceiling at only 33 years old. He is the son of firebrand Meru politician Lawrence Mpuru.

His flamboyance and expensive lifestyle is punctuated with at least 18 luxurious cars with customized registration plates. The fleet of his cars include Land Rover Discovery, Toyota V8, Porsche Cayenne, Range Rovers among others. He also owns a multi-million mansion in Karen, Nairobi.

Rodgers Mpuru [Photo||Facebook]

Mpuru made his fortune by starting a car wash in South C that earned him good money which he used to open others. The law graduate then opened multiple salvage car garages that brought wrecked vehicles back to life.

Additionally, his investment portfolio has tentacles into the financial sector and he is behind Wema Tosha, a firm that provides loans to farmers.

Read more: Rodgers Kipembe Mpuru: The 33 Year Old Billionaire Considered One of The Richest Man In Meru

Meru Governor Kiraitu Murungi 

The 70 year old has been in politics for over 3 decades after he first became an MP for South Imenti in 1992. He is known to be a calculative politician who has never lost in any contested elections.

Undoubtedly, the politician has developed deep pockets owing to the multi-million salaries that are associated with Kenyan politicians. Murungi has previously served in the cabinet and was the first senator of Meru, before he elbowed out former governor Peter Munya in 2017 Meru gubernatorial contest.

According to reports on Nation, Murungi is said to have paid at least Ksh 273 million towards acquisition of the Devolution Empowerment Party (DEP) which recently joined the Azimio la Umoja pact. Political party stakeholders always walk home with millions of money generated from membership and nominations fees.

Read Also: Kiraitu Murungi Biography, Age, Education, Career and Trivia.

 Paul Kobia 

The flamboyant businessman is one of the most controversial persons in Kenya. He has been to courts severally because of allegations of dubious business dealings including fake gold trading.

Paul Kobia in a past photo. [Photo|Courtesy]
Kobia previously told K24 that he owns a mining field in Congo. However, his name has appeared prominently in the list of people associated with illegal gold smuggling. According to the late president of DRC, Kobia was linked to a 2011 gold fraud in which 2500kgs of gold worth Ksh 8 Bn went missing in the central African country.

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