List of Richest People from Embu, Their Businesses and Properties
Embu is a Central Region Economic Bloc (CEREB) member, which contributes over 25% to the country's Gross Domestic Product (GDP). Peter Njagi is the founder of Riva Petroleum. What is Embu's contribution to Kenya's GDP? As per the Kenya National Bureau of Statistics' 2023 Gross Domestic Survey, CEREB's cumulative five-year GDP contribution from 2018 to 2022 was 26.3%. . Kiambu made an average contribution of 5.7%, Nakuru 4.94%, Meru 3.3%, Nyeri 2.1%, and Murang'a 2.01%. The research showed that Embu contributed 1.57%, Nyandarua 1.5%, Kirinyaga 1.33%, Laikipia 0.92%, and Tharaka-Nithi 0.6%. Enterprising businessmen, influential politicians, and artists are among Embu's primary economic drivers. Who are the wealthiest people from Embu? TUKO.co.ke listed the wealthiest people from Embu in no particular order. 1. Patrick Njiru Kuria Patrick Njiru Kuria is a serial entrepreneur who owns Paleah Stores Limited. The business sells construction materials such as cement, iron sheets, sand, iron and also deals in food products. Daily Nation reported that Kuria was involved in a tax dispute with the Kenya Revenue Authority (KRA) amounting to KSh 9.3 billion. KRA accused Kuria of under-declaring the businesses's revenues but got off the hook when Justice David Majanja asked him and his wife to pay KSh 10 million to the taxman. READ ALSO Governors Muthomi Njuki, Anyang' Nyong'o Ranked Best In Delivery of Quality Health Care, Timely Report Besides Paleah Stores Limited, the couple invested in the transport industry through Kenya Mpya buses. 2. Peter Njagi Njeru Njeru established Riva Petroleum in June 1996 and registered it as a limited liability company. He launched the company after serving as a road and highway engineer at the Ministry of Roads and Public Works for a decade. The oil marketing company has branches across major towns and is headquartered at the Mayfair Suites in Westlands Nairobi. In addition, he has ventured into the real estate sector, serving as a director at South Lake Developments Limited, Key 3 Properties Limited, Hand in Hand East Africa Limited, Jamu Homes Limited, Briken (EA), and FREDS Limited. 3. Sarah Kabu Sarah Kabu who runs Bonfire Adventures, a tourism firm, with her husband Simon Kabu, was brought up in Embu county. They built their tours and travel company from scratch. The duo said the idea of starting the business was born from a group discussion before they transformed it into a multi-million dollar business. In June 2023, the couple revealed they had joined the Kenyan billionaires club. "We thank God that we are now in the billionaires club officially," Sarah disclosed in an interview with Ghanaian YouTuber Wode Maya. Subscribe to watch new videos 4. John Gitonga Mukunji Mukunji is the Manyatta member of parliament (MP) who trounced bigwigs in the 2022 General Election. Growing up, he didn't have much since his father was a bus driver, and the family wasn't wealthy, so he buried himself in literature and did exceptionally well in school, securing admission at the University of Nairobi. Mukunji started his company, ERS, with a HELB loan after he failed to secure an internship despite making several applications. "That is when I decided that I would not look for another job and immediately we came back to school after our three-month break, I used some of the KSh 25,000 HELB funds to register my company ERS," he told Citizen Digital. ERS deals in renewable energy and has employed tens of youth. 5. Njue and Janet Kiarie Njue Kiarie and his wife Janet came into the limelight after they were ordered by the court to demolish half of their storied building in Embu town erected on grabbed land. The duo were directed to pay the owner KSh 43 million. The couple owns Morning Glory Plaza near Kenya Commercial Bank (KCB). According to Who Owns Kenya, they also own several other buildings within Embu town. Who are the richest people from Nyeri? Among the richest people from Nyeri county are Deputy President Rigathi Gachagua and the Mwai Kibaki family. Former Nyeri senator Ephraim Maina is also one of the richest politicians from the region, with investments across diverse sectors of the economy. Former Nyeri gubernatorial aspirant Thuo Mathenge is another billionaire thanks to his investments in diverse sectors of the economy.
by Japhet Ruto
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