While it is unassailable that the lists of richest people often contain men and women well above 50 years of age, it is also a known a fact that, though do not always feature in the aforementioned list, a good number of young people n their early twenties, late twenties, and early thirties are also wealthy.
Young, successful millionaires are found in every nation of the world, and Kenya, as a nation, is not left behind.
In this article, which you are already perusing, you will learn about the top ten youngest millionaires in Kenya. Enjoy the learning experience.
1. Ravij Mehta
Rajiv Mehta is one of Kenya’s most outstanding young entrepreneurs. He is just 31 years old. He is the founder of Tangerine Investments, an outdoor advertising firm that uses public transit vehicles, litter bins, and street poles to market-leading consumer goods in Kenya.
Tangerine, which was founded in 2008, has clients such as Kenya Airways, Pizza Inn, Subway and Coca Cola HP among others. Ravij company has annual revenues exceeding $1 million.
2. Gloria Michele
In 2013, Gloria Michelle Otieno Muka, 30, founded Recours Four Kenya Consultants Limited (R4Kenya), a fast-growing professional HR services firm located in Nairobi, Kenya. She started the firm with $2,000 of her savings, and within the last 4 years, she has grown the company into a $400,000 (annual revenues) business with 19 employees.
Recours Four Kenya offers professional HR services in consultancy, recruitment, training, psychometric testing, and staff outsourcing. The company’s clients include the World Bank Group, Kenya National Examination Council, USAID, GlaxoSmithKline, and Sportpesa.
3. Lorna Rutto
Lorna Rutto, 30, is the founder of EcoPost, a profitable social enterprise that manufactures aesthetic, durable and environmentally friendly fencing posts using plastic waste, a more environmentally friendly alternative to timber. EcoPost collects this plastic waste and manufactures fencing posts from it.
Rutto has earned international acclaim for her efforts in providing an alternative waste management solution to Kenya’s plastic menace.
4. Eric Muthami
The 28-year-old Kenyan entrepreneur is the founder of Stawi Foods and Fruits, an innovative start-up that procures bananas from smallholder farmers.
5. Evans Wadongo
Wadongo, a 28-year-old Kenyan engineer designed a solar-powered LED lantern called MwangaBora (Swahili for “Good Light”), an invention which is fast replacing smoky kerosene lamps and firelight in rural Kenya.
Wadongo has been distributing thousands of these lanterns throughout rural Kenya where there is little or no electricity. His organization, Sustainable Development For All (SDFA) sponsors an empowerment initiative that teaches poor Kenyans how to reproduce these solar lanterns and sell for profit.
6. Mark Kaigwa
Mark Kaigwa, 29, is a multi-talented creative director, filmmaker, digital marketer and entrepreneur. Kaigwa is a co-founder and partner at Afrinnovator, a venture which aims to put Africa on the map by publishing exploits across African innovation, technology, and start-ups.
He is also Partner at African Digital Art – the web’s leading resource for creative inspiration in animation, illustration, photography, and design from Africa.
7. Joel Mwale
Mwale is the youngest person on this list. He is just 22 years old runs SkyDrop Enterprises, a rainwater filtration, and bottling company that produces low-cost purified drinking water, milk and other dairy products in Kenya. Mwale founded Skydrop in December 2009 and the company now employs over 20 people.
8. Ruth Mwanzia
Ruth Mawia Mwanzia is an entrepreneur and communications officer. Mawia is the managing director and owner of Koola Waters, a water bottling company based in Nairobi, works as Corporate Communications Officer at Water Management Authority and studies for her Master’s at Nazarene University. It shouldn’t come as a surprise that she is just 30 years old.
9. Nancy Amunga
Nancy Amunga, 30, is the founder and director of Dana Communications Limited, a communications and transport company, which majors mainly on courier services.
10. Kariuki Gathitu
Kariuki eyes for innovation and his desire to be a problem solver led to the birth of MPAYER, his mobile money management system, which has been widely acknowledged and has received awards for innovation. MPAYER was the best application in Africa and second in the world among 50 top start-ups globally.
MPAYER is having a great impact on the SME space in Kenya, allowing small businesses to build strong scalable businesses. Kariuki is passionate about innovation, technology, and business. He is also involved in youth advocacy and from time to time travels around the continent speaking to young people about entrepreneurship. He has worked with the African Union, the World Bank, and even governments in this capacity.