Here is the list of East Africa’s most influential stock market investors, according to Billionaires Africa.
LIST
Philip Ndegwa Family (Kenya) — $180.8 m (NCBA Group)
Mama Ngina Kenyatta & Family (Kenya) — $159.8 m (NCBA Group)
Charles Mbire (Uganda) — $91.1 m (MTN Uganda and Bank of Baroda)
Zarin Merali & Family (Kenya) — $89.97 m (NCBA Group, Sameer Africa)
Patrick Schegg (Tanzania) — $78.3 m (NMB Bank, CRDB Bank)
James Mwangi (Kenya) — $67.62 m (Equity Group)
Baloobhai Patel (Kenya) — $66.87 m (Carbacid, financial holdings)
Suresh Bhagwanji R. Shah (Kenya) — $61.03 m (I&M Group)
Andrew S.M. Ndegwa (Kenya) — $57.01 m (NCBA Group)
James P.M. Ndegwa (Kenya) — $56.25 m (NCBA Group)
Aunali Rajabali (Tanzania) — $55.9 m (NMB Bank)
Sajjad Rajabali (Tanzania) — $55.9 m (NMB Bank)
Sudhir Ruparelia (Uganda) — $11.4 m (Stanbic Uganda Holdings, Bank of Baroda)
Frederick Kitaka (Uganda) — $3.4 m (Banking and other holdings)
Hans Aingaya Macha (Tanzania) — $26.9 m (CRDB Bank)
Michael N. Shirima estate (Tanzania) — $10.4 m (Precision Air, TOL Gases)
Emmanuel Katongole (Uganda) — $ 3.4m (pharmaceuticals)
Joseph Byamugisha (Uganda) — $1.3 m
Andrew Muhimbise (Uganda) — $1.2 m
Ceasor Mulenga (Uganda) — $3.8 m
Sanjay Rughani (Uganda) — $4.2 m
Ernest S. Massawe (Tanzania) — $7.4 m (TOL Gases)
Murtaza Nasser (Tanzania) — $3.9 m (Tanzania Portland Cement)
Said Bakhresa (Tanzania) — $3.3 m (Tanzania Portland Cement)
Sayed Kadri (Tanzania) — $2.5 m (Tanzania Portland Cement)
Arnold B.S. Kilewo (Tanzania) — $1.3 m (TOL Gases)
Gideon Maina Muriuki (Kenya) — $35.2 m (Co-operative Bank, CIC)
John Kibunga Kimani (Kenya) — $27.5 m (Kakuzi, Centum, Nation Media)
