Auctioneers shake billionaire David Langat’s empire over Sh2.1bn debt

GRAPHIC | CHRISPUS BARGORETT | NMG 

Billionaire businessman David Langat’s empire was this week thrown into unfamiliar territory after auctioneers put up his tea estate in Nandi and office blocks in Mombasa for a forced sale to raise more than Sh2.1 billion owed to a local bank.

Popularly known as DL, the tycoon made his fortune running his empire from Mombasa and has vast interests in real estate, agribusiness, hospitality, and the energy sectors among others.

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