The Somali community in Kenya has produced some of the country’s wealthiest and most influential business figures. Below is a list of the top 10 richest Somali individuals in Kenya, highlighting their estimated net worth and primary sources of wealth across various industries.
Rank | Name | Total Net Worth | Age | Region | Source | Industry |
---|---|---|---|---|---|---|
1 | Ismail Ahmed | $1.6 billion | 58 | Nairobi | Remittance | Financial Services |
2 | Amina Moghe Hersi | $1.2 billion | 60 | Kisumu | Investments | Real Estate, Sugar Manufacturing |
3 | Abdirashid Duale | $900 million | 50 | Nairobi | Dahabshiil | Telecommunications |
4 | Said Salah | $800 million | 65 | Nairobi | Import/Export | Commerce |
5 | Hussein Ali Hassan | $700 million | 48 | Nairobi | Construction | Real Estate |
6 | Fathiya Dayib | $650 million | 54 | Mombasa | Real Estate Investments | Real Estate |
7 | Abukar Adan | $540 million | 50 | Nairobi | Shipping | Logistics |
8 | Bashir Osman | $530 million | 57 | Mombasa | Fisheries | Agriculture |
9 | Ali Haji Warsame | $500 million | 62 | Nairobi | Diversified Investments | Multiple Industries |
10 | Yusuf Abdi Adan | $480 million | 70 | Nairobi | Air Transport | Aviation |
Highlights:
- Ismail Ahmed, the founder of a global remittance company, has significantly impacted financial services in East Africa, easing the way money is sent and received in the region.
- Amina Moghe Hersi has diversified her investments into real estate and sugar manufacturing in Uganda, showing the entrepreneurial spirit of Kenyan Somalis.
- Abdirashid Duale runs Dahabshiil, an international funds transfer company crucial for remittances into the Horn of Africa.
These individuals have not only excelled financially but also played significant roles in fostering economic growth, providing employment, and improving the lives of many in Kenya and beyond. Their enterprises span across critical sectors such as telecommunications, real estate, and agriculture, underlining their importance in both the local and regional economies.
Methodology
The wealth ranking by Bizmart Africa is derived from assessing the value of assets, including cash, private and public holdings, deducting any liabilities. The list prioritizes individuals over extended family wealth, incorporating assets owned by the wealth originator’s immediate family if they are integral to the wealth’s establishment. Asset evaluation encompasses tangible and digital properties. However, in cases where financial information is not disclosed or accessible, the estimated wealth may be adjusted to account for the potential discrepancies.