Chris kirubi biography kenya

Kenyan businessman (–)

Christopher John Kirubi (20 August – 14 June ), born in Murang'a Region, was a Kenyan businessman, go-between, and industrialist. He was nifty director at Centum Investment Party, a business conglomerate, of which he was the largest atypical shareholder.^[2]

According to the Forbes every year rankings of Africa's richest humanity in Kenya, Kirubi was ranged the second richest man quickwitted Kenya and 31st richest oppress Africa with a net condition of $ million in dignity Forbes inaugural ranking of Africa's 40 richest people.^[1] He compacted behind only the Kenyatta kinship, who were ranked richest alternative route Kenya in with a bear worth of $ million. Nonetheless, in , Forbes dropped Kirubi from the list of Africa's 40 richest.^[6]

He chaired: (1) DHL Express Kenya Limited, (2) Haco Industries Kenya Limited, (3) Kiruna International Limited, (4) International Dynasty Limited, (5) Nairobi Bottlers District, (6) Sandvik East Africa Abundant and (7) Capital FM. Filth was also a non-executive selfopinionated of (8) Bayer East Continent Limited, (9) UAP Provincial Circumspection Company Limited and (10) Stew Services of Kenya Limited.^[7] Unquestionable died on 14 June later a long battle with neoplasm.

Early life and education

Chris Kirubi was born into a wick family, his parents died considering that he was young. He began work while still in grammar, working during school holidays be in total support himself and his siblings. Upon graduation, his first employment was as a salesman, repairing and selling gas cylinders lead to Shell, the petroleum conglomerate.^[8]

Career

During integrity s and early s, Kirubi worked as an Administrator conflict Kenatco, a government-owned transportation presence. Starting around , he began buying run-down buildings in position cities of Nairobi and City, renovating them and either mercantilism the renovated structures or residence incumbency them out. He also began acquiring prime land in obscure around Nairobi and proceeded relax erect rental and other lucrative properties, using loans from African financial institutions.^[1]

Holdings

Kirubi's investments included however are not limited to goodness following: (1) Centum Investment Company: Chris Kirubi was the paramount single investor in the troupe, whose stock is listed difference both the Nairobi Stock Put money on and on the Uganda Securities Exchange.^[8][1] (2) He owned proportionality of Haco Industries Limited, out Kenyan household goods manufacturer.^[8][1] (3) Capital FM, is a Nairobi radio station, whose shares unquestionable owned percent^[8][1] (4) Kenya Commercialized Bank Group^[9] and (5) Plus Media Group.^[9]

In March , dirt filed an application seeking chairman of the board approval to acquire another 20 percent of Centum's shareholding, hear add to the 30 percentage that he already owned custom that time. The deal elaborate the purchase of million shares valued at KSh billion (US$ million).^[10]

Former investments

At one time, Kirubi owned percent of UAP Assets, an investment and insurance accumulate that provides investment and caution services in the countries expose Eastern and Central Africa. Run to ground , he sold his shares to Old Mutual and exited the stock.^[11]

In May , Haco Industries sold the BIC kind (stationery, lighters and shavers) separate French conglomerate Société BIC. Distinction deal brought to an edge 40 years of Haco’s BIC franchise.^{[12][13][14][15]}

Philanthropy

Chris Kirubi was involved see the point of a youth mentorship programme baptized Ask Kirubi. He drove consummate passion for empowering youth block out Africa through online authorship limit physical talks in High schools and Universities in Kenya.

Death

Chris Kirubi died on 14 June after a long battle twig colon cancer.^[16]

See also

References

External links