Years active 1971 – present Nationality Kenyan Name Chris Kirubi | Ethnicity Kikuyu Role Businessman Citizenship Kenya Home town Nairobi | |
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Born 20 August 1941 (age 79) Kenya Occupation Businessman, Industrialist, Entrepreneur Children Mary-Anne Wambui Kirubi Musangi Died June 14, 2021 (aged 79) Nairobi Similar Washington Jakoyo Midiwo, James Mworia, Manu Chandaria Profiles |
mymoneystory chris kirubi
Christopher John Kirubi is a Kenyan businessman, entrepreneur, industrialist and philanthropist. He is a Director at Centum Investments, a business conglomerate, in which he is the largest individual shareholder.
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He serves as the chairman of the following companies: (1) DHL Express Kenya Limited, (2) Haco Industries Kenya Limited, (3) Kiruma International Limited, (4) International House Limited, (5) Nairobi Bottlers Limited, (6) Sandvik East Africa Limited and (7) 98.4 Capital FM. He is also Non-Executive Director of (8) Bayer East Africa Limited, (9) UAP Provincial Insurance Company Limited and (10) Beverage Services of Kenya Limited.

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Background

Chris Kirubi was born in a poor family. Both of his parents died when he was very young. He began work while still in school, working during school holidays to support himself and his siblings. Upon graduation, his first job was as salesman, selling and repairing gas cylinders for Shell, the petroleum conglomerate.
During the 1960s and early 1970s, Kirubi worked as an Administrator at Kenatco, a government-owned transportation company. Starting around 1971, he began buying run-down buildings in the cities of Nairobi and Mombasa, renovating them and either selling the renovated structures or renting them out. He also began acquiring strategic pieces of land in and around Nairobi, and proceeded to erect rental residential and commercial properties on them, using loans from Kenyan financial institutions.
Holdings
Kirubi's investments include but are not limited to the following: (1) Centum Investments: Chris Kirubi is the largest single investor in the company, whose stock is listed on both the Nairobi Stock Exchange and on the Uganda Securities Exchange. (2) He owns 100% of Haco Industries Limited, a Kenyan household goods manufacturer. (3) 98.4 Capital FM, is a Nairobi radio station, whose shares he owns 100%. (4) Kenya Commercial Bank Group and (5) Nation Media Group
Former investments
At one time, Kirubi owned 9.58% of UAP Holdings, an investment and insurance conglomerate that provides investment and insurance services in the countries of Eastern and Central Africa. In 2015, he sold his shares to Old Mutual and exited the stock.