Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Super rich shift cash to UK, Dubai on Gen Z protests
Knight Frank Kenya CEO Mark Dunford addressing journalists during the Wealth Report 2025 – Kenyan 2nd Edition launch event at Capital Club in Nairobi on May 13, 2025.
The number of Kenyan dollar millionaires dropped last year as the rich moved cash abroad amid uncertainty in the wake of Kenya’s slowing economy and last year’s deadly youth-led protests, which hurt fresh investments.
The pool of high-net-worth individuals (HNWI), described as individuals with a net worth of at least $1 million (Sh129.2 million), shrank by 10 percent in the wake of investors moving part of their investments to foreign capitals, according to 2025 Knight Frank Wealth report.
