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Kenya mints 900 new dollar millionaires as wealth gap widens
Dollar millionaires are individuals with assets worth more than Sh102 million ($1 million at current exchange rates) excluding primary assets such as a home. GRAPHIC | FILE
Kenya created 900 dollar millionaires in 2016, according to a new report that points to the fact that hard economic times that prevailed in the year did not slow down wealth accumulation.
This brings the number of Kenya’s super rich to 9,400, representing an eight per cent growth from 2015’s total of 8,500.
