Who is Chris Kirubi? Chris Kirubi Biography
Christopher John Kirubi AKA Chris Kirubi a Kenyan businessman, entrepreneur, and manufacturer. He was born in 1941 in Kenya.
He was the largest individual shareholder and director of Centum Investment Company, a commercial conglomerate.
Chris Kirubi was my friend and one to many others and a mentor to even more. He was a dedicated entrepreneur and philanthropist who helped scores of Kenyans over time.
My heartfelt condolences go to his family, friends and all those whose lives he touched.
Rest In Peace Chris. pic.twitter.com/7NXgARzcCC
— Raila Odinga (@RailaOdinga) June 14, 2021
He was 80 years old.
Chris Kirubi has never been married. Before divorcing his wife in 1999, he was married. Since then, the billionaire has led a single lifestyle.
Kirubi was ranked the second richest man in Kenya and 31st richest in Africa in the 2011 Forbes inaugural ranking of Africa’s 40 richest people, with a net worth of $300 million, according to the Forbes yearly rankings of Africa’s richest people in Kenya.
With a net worth of $500 million, he was second only to the Kenyatta family, who were ranked richest in Kenya in 2011. In 2012, however, Forbes removed Kirubi from its list of Africa’s 40 wealthiest people.
Kirubi worked as an administrator at Kenatco, a government-owned transportation corporation, in the 1960s and early 1970s.
Beginning in 1971, he began purchasing run-down properties in Nairobi and Mombasa, refurbishing them, and either selling or renting them out.
He also began buying good land in and around Nairobi and using loans from Kenyan banking institutions to build rental and other commercial properties. In March 2020, he submitted an application with the Securities and Exchange Commission (SEC) to acquire another 20% of Centum’s stock, bringing his total ownership to 30% at the time. The purchase of 133 million shares valued at KSh2.7 billion (US$25.7 million) is part of the arrangement.
Haco Industries sold the BIC brand (stationery, lighters, and shavers) to Société BIC, a French company, in May 2020. The deal brought Haco’s BIC franchise to an end after 40 years.
How Did Chris Kirubi Die? (Death Cause)
After a long struggle with cancer, Chris Kirubi died at his home on Monday afternoon at the age of 80.
Capital FM, which he controlled, announced it, mentioning his family, “It is with great sadness that we announce the passing of Dr Christopher J. Kirubi, who passed away today at 1pm at his home after a long battle with cancer fought with fortitude, grace and courage,”
I join Kenyans in mourning the passing of one of the country’s most visible business personalities. Chris Kirubi was an irrepressible boardroom operative, media personality, developer and investor whose interests traversed multiple sectors and enterprises. pic.twitter.com/2jJiDLIm95
— William Samoei Ruto, PhD (@WilliamsRuto) June 14, 2021
— CapitalFM Breaking News (@BreakingNewsKE) June 14, 2021