Who owns Bidco Kenya?
Bhimji Depar Shah
Bidco Africa owns over 40 brands and is the largest producer and marketer of consumer goods in the region….Bidco Africa.
| Type | Private |
|---|---|
| Founder | Bhimji Depar Shah |
| Headquarters | Thika, Kenya |
| Area served | Africa |
| Key people | Vimal Shah Chairman Tarun Shah Director Chris Diaz Director |
How did Bidco get started?
It was established in 1970 as a garment manufacturer in Nyeri, Kenya. In 1985, the former chairman, Mr Bhimji Depar Shah and his two sons Vimal Shah and Tarun Shah saw a growing need in the African market for soap products. They relocated to Nairobi, and set up a soap manufacturing plant.
What is a Bidco company?
Bidco means a business and industrial development company licensed under this act. The term includes a business development enterprise. UK Subsidiary means a Subsidiary of the Company which is incorporated in the UK.
Which is the richest family in Kenya?
Uhuru Kenyatta
2011
| Rank in Kenya | Name | Sources of wealth |
|---|---|---|
| 1 | Uhuru Kenyatta and family | Diversified: (Brookside, NCBA, Land holdings among other businesses) |
| 2 | Chris Kirubi | Diversified: (Real estate holdings, Capital FM, Centum among other businesses) |
| 3 | Naushad Merali | Diversified: (Sameer Group, Airtel Kenya) |
Who is the richest person in Kenya?
Sameer Naushad Merali
Sameer Naushad Merali Merali is Kenya’s wealthiest individual, with a net worth of $790 million (Sh89. 6 billion). According to Oxfam International, Merali became the wealthiest Kenyan after inheriting the wealth left behind by the late Naushad Merali.
How much is Bidco worth?
Bidco has a 49% share of the edible oils market in Kenya, and annual revenues of more than $500 million. Bidco’s products are manufactured, sold and distributed in 14 countries across Africa.
How much is Chris Kirubi worth?
He ranked behind only the Kenyatta family, who were ranked richest in Kenya in 2011 with a net worth of $500 million….
| Chris Kirubi | |
|---|---|
| Alma mater | INSEAD Handel’s University, Sweden Harvard Business School |
| Occupation | Businessman Industrialist Entrepreneur Investor |
| Years active | 1971–2021 |
When was Bidco started?
1985
Started in 1985 as a soap manufacturing plant in Nairobi, Bidco has continuously grown over the years to be the home of some of East Africa’s most loved brands across the edible oils & fats, Hygiene and Personal care and most recently Food and Beverage brands.
Who is the richest man in Kenya 2021?
The MOI Family – $3 billion. The MOI family tops the list of the richest men in Kenya.
How many Trillionaires are in Kenya?
In a report by Knight Frank released last year, There are 42 billionaires in Kenya, also known as ultra-high net worth individuals, worth over US$30 million each, which is equivalent to KSh3. 07 billion. The country has been ranked fourth in the Knight Frank’s Wealth Report list of the African States” ultra-rich.
Who owns most land in Kenya?
TUKO.co.ke lists some of the biggest landowners in Kenya:
- Kenyatta Family. The Kenyatta Family owns over 500,000 acres of land across Kenya.
- The Moi family.
- Kibaki family.
- Kuki Gallman.
- Alec and Jocelyne Wildenstein.