Kirubi was worth 20b but he only had 27 million cash in bank. He invested all the wealth in land, shares, real estate. Yaani less than 1% ndio ni cash.
Use your money kutafuta pesa, si unaweka kwa bank watu wengine wanajitajirisha naye
Tell us something we don’t know already
I didn’t know this. Wise man.
How much of the 20B would be considered paper wealth?
Gentleman, let me put this clearly for you
Kirubi was worth 20b [COLOR=rgb(209, 72, 65)]b[FONT=arial]ut only had Kshs 27 million declared as the cash in Kenyan banks[/FONT]. He invested all the wealth in land, shares, real estate. Yaani less than 1% ndio ni cash.
Use your money kutafuta pesa, si unaweka kwa bank watu wengine wanajitajirisha naye
Bingo. Chris Kirubi was an honorary consul of Mauritius for decades! - a notorious tax haven, even the damn consulate has offices kwa nyumba yake International House
What were his liabilities?
Centum is and was haemorrhaging money… Hapo ndio liabilities zake ziko.
This advise is shallow, hatukusifu
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Slow day at the staff room.
kumbe hayati mwendazake alikuwa na nyumba kama ya bojack horseman
nilidhanianga anaishi kwa penthouse international life house
Ngojea @Azor Ahai ajaze comments kama 100 na thread tatu juu ya hii topic
15+ billion in stocks
Land is the best store of wealth.
I thought it was gold
Nope,
Gold in Kenya? Mwananchi wa kawaida hajawahi ona gold.
Kuna watu watalilia kwa choo very soon,land in places like konza,isiolo offer better value, Nairobi,kiambu landlord s watalia sooner than later
hizo shares zote kwa makampuni assuming apewe ksh.100m from each company every year jamaa anakua na liquid ya almost ksh.1b. enyewe hiyo you dont have to work anymore