The wealthy class are known for amassing wealth during the course of their lives, living a life that only few get to experience.
In a bid to protect their wealth and pass it to succeeding generations, the tycoons leave behind wills in order to dictate how their fortune will be distributed.
Kenyans.co.ke takes a look at children of fallen tycoons who received the lion’s share in the wills.
The late tycoon Chris Kirubi passed away on Monday, June 14, 2021
Business magnate Chris Kirubi lived a life of opulence and luxury, no doubt enjoying the fine things in life. The mogul had amassed billions after investing in various industries. In his will, he left 80 per cent of his estate to his son, Robert Kirubi and daughter Mary Anne Kirubi.
The billionaire’s second daughter, Fiona Wambui Kirubi, was, however, given a paltry Ksh4 million. It is reported that both Robert and Mary agreed to share 9.95 per cent of their portions with Fiona.
Further, 20 per cent of Kirubi’s estate was left to his brothers (Anthony Maina and Michael Kirubi) and sisters (Elizabeth Waithera and Salome Mburu).
Former President Daniel Moi holding his baton.
Documents presented during court proceedings in November 2021, revealed how the late President Daniel Arap Moi shared his multibillion property among his children.
Moi left 931 hectare piece of land equally to his five sons; Jonathan Kipkemboi Moi, Gideon Moi, Raymond Moi, Philip Moi and John Mark Moi. The five sons would later on transfer the parcel to their children.
Further, he gave Ksh100 million to each of his three daughters; Jenifer Chemutai Moi, June Chebet Moi and Doris Chepkorir Moi.
The former President, however, excluded a 19.7 acre piece of land in Muthaiga that had been locked in court battles.
The late Cabinet Minister Nicholas Biwott.
The former Keiyo South Member of Parliament passed away in July 2017 due to kidney failure leaving behind vast wealth amounting to billions.
The once powerful minister left behind an unusual will that elicited debate amongst many. Out of his four wives, only one was included in the will. The late Legislator had directed the property held by Catherine Kiprono Biwott, to remain exclusively hers and barred his family from pursuing it.
Further, he relinquished all the property he co-owned to his partners. He also directed Ksh10 million to be set aside in order to maintain his grave and that of his father, Kiprono Cheserem in Elgeyo Marakwet.
The late Nyeri Governor Nderitu Gachagua
The will of late Nyeri Governor Nderitu Gachagua had been kept secret from the public months after his demise in 2017. However, a year later, the will was published in the media, revealing key intricate details of his Ksh2 billion estate.
According to the will, his four children, Kenneth Gachagua, Jason Gachagua, Susan Kirigo and Mercy Wanja received the lion’s share with each being allocated 10 per cent of the wealth.
Further, he gave a number of hotels and resorts to his two sons that he sired out of wedlock (Jason Kariuki and Aston Gachagua).
These facilities included Olive Gardens Hotel in Nairobi, Vipingo Beach Resort in Kilifi and Queens Gate Serviced Apartments and Resort in Nairobi. The deceased politician, however, placed the son’s mothers to be in charge of the properties.
Former Cabinet Minister the late William Ole Ntimama
Former Minister William ole Ntimama’s will revealed the politician’s desire to protect his multibillion property for his family. The politician had served in government for 25 years before retiring from politics.
Ntimama directed that his Ksh2 billion properties would be passed down from one generation to another. He urged the beneficiaries to hold onto the properties during the course of their lives before passing it onto their children.
He left his house in Lavington to his wife, Dorcas Perdelia Ntimama, his Lavington House was, however, left to the children of his last born daughter, Vivian Talash Ntimama.
Part of his wealth was used to settle debts and another 352 acres of land was given to his wife. Ntimama’s property in London was left to Dorcas and his two daughters, Sanaipei and Vivian.
Ntimama’s son, Timothy Tempes Ntimama got 468 acres in Narok while his 367 acres in Mara was given to Sanaipei and his other son, Amos Ntimama, to share equally.