Kumbe This Man is This Rich! Musalia Mudavadis’ Wealth

Image result for musalia mudavadiMusalia Mudavadi is one of the NASA coalition partners. The man, who at one time served as the Vice President,is among the wealthiest people in Kenya.

Before we reveal the total net worth of the son of Mulembe,we first reveal the “small “assets he owns. Few years ago,Mudavadi bought armoured Range Rover,which cost Ksh 40 million.The former Vice President owns a home in Nairobi,which is estimated at Ksh250 million.

The Amani coalition leader also owns a chopper.In 2016 the presidential candidate acquired a brand new chopper,which cost him not less than Ksh 300 million. The chopper was part of his campaign machinery for the 2017 elections.

Image result for musalia mudavadi helicopter

According to one of the popular blogs,this is how Mudavadi made his wealth:

The young Mudavadi was the privileged son of the late Moses Budamba Mudavadi, a former education officer who later became a very powerful minister in president Moi’s cabinet.

the senior Mudavadi was feted as the first Luhya to own a Land Rover vehicle in the 1950s when he served as an education officer in the Rift Valley Province, a no mean feat since Land Rovers were the vehicles of choice for the British aristocracy. Image result for musalia mudavadi moiMudavadi’s big break The younger Mudavadi became an MP in 1989 to fill the vacancy created by the death of his father that year. President Moi immediately appointed him Minister for Supplies and Marketing but the 29-year old made little impact owing to his relative inexperience. His big break both in politics and world of business came after the 1992 General elections when he was appointed to the plum portfolio of Minister for Finance. It was as Finance Minister that Mudavadi entrenched himself in the world of business first venturing into insurance and later investment in the banking sector.

Image result for musalia mudavadi range rover

Besides being co-owner of an insurance company, a bank and other companies, among other known Mudavadi investments include an office block in Westlands and a number of residential houses in the city. Mudavadi, a Land Economist by training who started his employment career working for a local real estate agent, Tysons Limited, also has his property management company which operates from Westlands. Analysts estimate Mudavadi’s family wealth to be in the region of hundreds of millions of shillings which means he can comfortably finance a good political campaign from personal resources”

Does Mudavadi’s wealth put him at par with Raila Odinga and William Ruto?

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