{"id":26650,"date":"2021-04-27T18:14:55","date_gmt":"2021-04-27T18:14:55","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=26650"},"modified":"2021-04-27T16:35:08","modified_gmt":"2021-04-27T16:35:08","slug":"billionaires-lifestyle-puts-nairobi-on-the-map","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map","title":{"rendered":"Billionaires’ Lifestyle Puts Nairobi on the Map"},"content":{"rendered":"

Africa-Press<\/a> – Kenya<\/a>. <\/strong><\/span>Nairobi is home to more than 75 per cent of Kenya\u2019s billionaires and some of their favourite havens include, Kitisuru, Karen, Muthaiga, and Runda.<\/p>\n

According to the AfrAsia Bank Africa Wealth Report 2021, Kenyan billionaires prefer living in the city because it is the economic hub of East Africa and one of the fastest-growing in Africa.<\/p>\n

The report projects that Kenya and Mauritius are the countries to watch in regards to the growth of wealth management in Africa.<\/p>\n

Approximately Ksh15 trillion of Africa\u2019s HNWI wealth is held by wealth managers and private banks who offer asset management services, financial planning, and inheritance planning.<\/p>\n

South Africa, Egypt, Nigeria, Morocco and Kenya account for more than 50% of Africa\u2019s total wealth.<\/p>\n

The wealthy are known for their taste in luxurious items and Kenya is only second to South Africa in the list of the largest luxury markets in Africa by revenue.<\/p>\n

Major components of the billionaires\u2019 luxurious lifestyle include a preference for high-end hotels, expensive cars, high fashion, watches, private jets, and yachts.<\/p>\n

Billionaires such as President Uhuru Kenyatta are known to have a rich collection of watches, at one time being spotted wearing a Ksh25 million timepiece.<\/p>\n

The report also says that Cottars Camp in the Masai Mara is popular among high net worth individuals (HNWI) in Kenya.<\/p>\n

In terms of vehicles, the appetite for expensive cars has seen the entry of high-end car brands in the Kenyan market such as Porsche and Bently.<\/p>\n

Billionaire Chris Kirubi\u2019s collection of cars includes a Maybach Mercedes Benz S class, Bentley Continental and a Range Rover Sport.<\/p>\n

According to data from the Kenya Motor Vehicle Industry Association (KMI) Porsche has sold more than 420 vehicles from its showroom.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Nairobi is home to more than 75 per cent of Kenya\u2019s billionaires and some of their favourite havens include, Kitisuru, Karen, Muthaiga, and Runda. According to the AfrAsia Bank Africa Wealth Report 2021, Kenyan billionaires prefer living in the city because it is the economic hub of East Africa and one of […]<\/p>\n","protected":false},"author":84,"featured_media":26649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-26650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nBillionaires' Lifestyle Puts Nairobi on the Map - kenya<\/title>\n<meta name=\"description\" content=\"Nairobi is home to more than 75 per cent of Kenya\u2019s billionaires and some of their favourite havens include, Kitisuru, K ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Billionaires' Lifestyle Puts Nairobi on the Map\" \/>\n<meta property=\"og:description\" content=\"Nairobi is home to more than 75 per cent of Kenya\u2019s billionaires and some of their favourite havens include, Kitisuru, K ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-27T18:14:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/04\/img-60883d2360101.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Billionaires’ Lifestyle Puts Nairobi on the Map\",\"datePublished\":\"2021-04-27T18:14:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map\"},\"wordCount\":294,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/04\/img-60883d2360101.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/billionaires-lifestyle-puts-nairobi-on-the-map\",\"name\":\"Billionaires' Lifestyle Puts Nairobi on the Map - 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