Who Said He Stole? How Chris Kirubi Built His Ksh20 Billion Empire Explained In His Will

Businessman Chris Kirubi was not your ordinary man when it came to matters of cutting business and political deals.

According to a local daily, Chris Kirubi had interest in various businesses ranging from manufacturing, technology, media, with shares estimated at 12.7 billion Kenya shillings.

Further, Chris Kirubi’s firms were listed at the Nairobi Securities Exchange (NSE) which is worth 3.4 billion shillings.

The late Chris Kirubi had more than 1. 8 billion shillings in Bayer East Africa Limited. Bayer is an agricultural chemicals and pharmaceutical corporation that has operated in the country all the way from 1968.

On the other hand, he had 4.5 million shares valued at 801 million kenya shillings in Haco Industries, while Kiruma International Limited and International House Limited are estimated to be more than 1 billion.

He also had 1,406 shares in Bendor Estates Limited worth 5.6 billion shillings.

With regards to the real estate, Chris Kirubi had a land worth 3.1 billion. One land in Kwale county is estimated to be worth 111 million shillings and another one in Loresho is valued at 2 billion. Two other properties are worth 60 million each in Mtwapa and Muthaiga.

When it came to machines, the late billionaire had a Range Rover worth 26 million, a Mercedes Benz worth 16 million, a Mercedes CLS 350 valued at Sh3 million, a Mercedes Benz ML 320 CDI (Sh5 million), Mercedes Benz  worth Sh16 million, Bentley Continental GT worth Sh29 million and Mercedes Benz Maybach S500 worth 30 million.

However, Kenyans have been shocked months later after the death of the billionaire following how he distributed his massive wealth.

In a will written in 1996, Kirubi gave his son Robert Kirubi and daughter Mary-Anne Kirubi 80 percent of the estate while gifting his second daughter Fiona Kirubi Sh4 million.

Businessman Chris Kirubi died in June last year at age 80. Since then, many have wondered what would happen with his expansive Sh20 billion estate.

Being a generous man, he never left out his four siblings, with each getting Sh500 million. Robert Kirubi and daughter Mary-Anne Kirubi amicably agreed to give Fiona 9.95 per cent of the estate, which they split equally from their shares.

“We shall be grateful if you would record the following consent in the above matter. That an order be recorded that Fiona Wambui Kirubi shall receive 9.95 per cent of the share of Robert Kirubi’s and Mary-Anne’s Kirubi’s portion of the estate being 80 per cent of the entire estate, the consent reads in part. This implies she will receive about Sh1.6 billion Kenya shillings.

In the meantime, the flamboyant billionaire Chris Kirubi at some point offered a piece of advice to young people on the institution of marriage.

The 79-year-old industrialist compared marriage to a form of enslavement that people should commit to if they find the right partner.

Kirubi said those who find the right partner will live a happy life while those who chose the wrong partner will be left to wallow in enslavement.

“Marriage is enslavement, you have to be careful. You have to agree to go into slavery, you go to jail, and not to get there to test it and get out. It is a permanent affair you are jailed for life.”

“If you marry a good woman, it is such a pleasure. But there are some women, it’s like they first went to the army then came back for you to marry them, they are always in a fighting mood. Good has to bless you,” Chris Kirubi said

The father of two – Mary Anne Musangi and Robert Kirubi, even revealed that his daughter Marry Anne is working as the Managing Director of his company – Haco Industries while his son, Robert declined to work for him and is currently in Europe.

“My daughter is here in Kenya, is the MD of my factory, Haco industries. My son is in Brussels, he works for DHL. I think they pay him so much money he refused to work for me but its good he has also accumulated a lot of experience,” he said

Kirubi died at the age of 80 years after a long battle with cancer.

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