Nationality Kenyan Name Bhimji Shah Ethnicity Kenyan Asian Role Businessman | Years active 1970 — present Known for Net Worth | |
Born 1932 (age 82–83) India Occupation Businessman, Entrepreneur and Industrialist | ||
Organizations founded Bidco Africa Similar Esther Kinuthia, Atul Shah, Benson Wairegi | ||
Bhimji Depar Shah, Bidco Africa: Jewels of Gujarat - Vol. II
Bhimji Depar Shah, is a Kenyan businessman, industrialist and entrepreneur. He is the founder and current Chairman of BIDCO Group of Companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. He is listed as one of the wealthiest people in Kenya, with an estimated net worth of approximately US$700 million in November 2014.
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History
He was born in Mombasa, Kenya in 1932. He settled in Nyeri, opening up a petrol station in the town. In 1970, he started Bidco Industries Limited, a garments manufacturing business. In 1985, the company switched to soap production. In 1991, Bidco opened up an edible oil manufacturing plant in Thika, and moved its International headquarters into the town, northeast of Nairobi, Kenya's capital. As of November 2014, the industrial conglomerate is a leading manufacturer of soaps, detergents, and baking powder, with annual gross revenue in excess of US$500 million. Bhimji's son Vimal Shah serves as the company's Chief Executive Officer.