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Finance, retail sectors churn out new millionaires

Knight Frank’s Wealth Report Editor Andrew Shirley (left) with Knight Frank Kenya managing director Ben Woodhams at the launch of the latest wealth report in Nairobi yesterday. PHOTO | DIANA NGILA | NMG

By  ANNIE NJANJA

Kenya’s retail and finance sectors braved a turbulent political season and tough economic times arising from prolonged drought to produce the highest number of new dollar millionaires, a newly released wealth report says.

The Knight Frank’s Wealth Report, which was unveiled yesterday, shows that the number of persons with a net-worth of more than Sh503 million in the retail and finance sectors grew by 18 per cent each.

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Note: The results are not exact but very close to the actual.

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