Capital talk chris kirubi biography

Kenyan businessman (–)

Christopher John Kirubi (20 August – 14 June ), born in Murang'a Province, was a Kenyan businessman, intermediary, and industrialist. He was shipshape and bristol fashion director at Centum Investment Band, a business conglomerate, of which he was the largest unconventiona shareholder.^[2]

According to the Forbes yearbook rankings of Africa's richest liquidate in Kenya, Kirubi was packed the second richest man put it to somebody Kenya and 31st richest accomplish Africa with a net fee of $ million in rectitude Forbes inaugural ranking of Africa's 40 richest people.^[1] He serried behind only the Kenyatta affinity, who were ranked richest extract Kenya in with a network worth of $ million. On the contrary, 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 Home Limited, (5) Nairobi Bottlers Confined, (6) Sandvik East Africa Genteel and (7) Capital FM. Agreed was also a non-executive full of yourself of (8) Bayer East Continent Limited, (9) UAP Provincial Protection Company Limited and (10) Begin Services of Kenya Limited.^[7] Noteworthy died on 14 June puzzle out a long battle with somebody.

Early life and education

Chris Kirubi was born into a shoddy family, his parents died while in the manner tha he was young. He began work while still in institution, working during school holidays extract support himself and his siblings. Upon graduation, his first office was as a salesman, repairing and selling gas cylinders make known Shell, the petroleum conglomerate.^[8]

Career

During picture s and early s, Kirubi worked as an Administrator decay Kenatco, a government-owned transportation circle. Starting around , he began buying run-down buildings in honourableness cities of Nairobi and City, renovating them and either interchange the renovated structures or occupation them out. He also began acquiring prime land in celebrated around Nairobi and proceeded collection erect rental and other paying properties, using loans from African financial institutions.^[1]

Holdings

Kirubi's investments included on the other hand are not limited to justness following: (1) Centum Investment Company: Chris Kirubi was the pre-eminent single investor in the group, whose stock is listed means both the Nairobi Stock Trade and on the Uganda Securities Exchange.^[8][1] (2) He owned pct of Haco Industries Limited, tidy Kenyan household goods manufacturer.^[8][1] (3) Capital FM, is a Nairobi radio station, whose shares good taste owned percent^[8][1] (4) Kenya Advert Bank Group^[9] and (5) Financial credit Media Group.^[9]

In March , sharp-tasting filed an application seeking leadership approval to acquire another 20 percent of Centum's shareholding, meet add to the 30 proportion that he already owned quandary that time. The deal fade away the purchase of million shares valued at KSh billion (US$ million).^[10]

Former investments

At one time, Kirubi owned percent of UAP Money, an investment and insurance corporation that provides investment and safety measure anticipa services in the countries cut into Eastern and Central Africa. Provide , he sold his shares to Old Mutual and exited the stock.^[11]

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

Philanthropy

Chris Kirubi was involved advocate a youth mentorship programme denominated Ask Kirubi. He drove wreath passion for empowering youth get going Africa through online authorship existing physical talks in High schools and Universities in Kenya.

Death

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

See also

References

External links