May 20, 2024

Business billionaire Chris Kirubi left nothing for the wife

2 min read

Business billionaire Chris Kirubi died in June last year but left nothing for wife in his expansive Sh20 billion estate.

Kirubi left 80 percent of his assets to his son Robert Kirubi and daughter Mary-Anne Kirubi in his 1996 will, while giving his second daughter Fiona Kirubi Sh4 million.

Kirubi did not forget about his four siblings, who received Sh500 million apiece.

Fiona Kirubi and Robert Kirubi’s daughter Mary-Anne Kirubi reached an amicable agreement to grant Fiona 9.95 percent of the estate, which they divided evenly between their shares.

“We shall be grateful if you would record the following consent in the above matter. That an order be recorded that Fiona Wambui Kirubi shall receive 9.95 percent of the share of Robert Kirubi’s and Mary-Anne’s Kirubi’s portion of the estate, being 80 percent of the entire estate, the consent reads in part.

That means she will receive about Sh1.6 billion from her siblings.

 Business billionaire Chris Kirubi wealth

Kirubi, a millionaire businessman with interests in media, industry, and technology, had Sh12.7 billion in unlisted enterprises.

His holdings on the Nairobi Securities Exchange (NSE) are valued at Sh3.4 billion.

In Bayer East Africa Limited, he had invested more than Sh1.8 billion. In 1968, the agricultural chemicals and pharmaceutical firm set up shop in the country.

Kirubi owned 4.5 million shares in Haco Industries worth Sh801 million, while International House Limited and Kiruma International Limited are worth at least Sh1 billion.

He also owned 1,406 shares in Bendor Estates Limited, which were valued at Sh5.6 billion at the time.

The industrialist had amassed land worth Sh3.1 billion, including one for Sh2 billion in Loresho and another worth Sh111 million in Kwale.

Two other properties, each at Shh60 million, are located in Muthaiga and Mtwapa.

He also had a Mercedes Benz Maybach S500 at Sh30 million, a Bentley Continental GT worth Sh29 million, a Range Rover worth Sh26 million, a Mercedes Benz worth Sh16 million, a Mercedes Benz ML 320 CDI with Sh5 million, and a Mercedes CLS 350 worth Sh3 million.

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