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Secrets of Kenya’s newest billionaire businessman

Interconsumer Products Limited Managing Director Paul Kinuthia at a press conference on April 15, 2013. Photo/Diana Ngila

Paul Kinuthia is no doubt one of Kenya’s latest entrants into the exclusive club of billionaires.
The businessman first burst onto the national stage four years ago when his company InterConsumer Products won the Business Daily’s TOP100 SMEs competition and captured the imagination of many enterprising Kenyans with his rags-to-riches story.

He was back in the limelight last week when he made a fortune spinning off a section of his company and selling it to global cosmetics giant L’Oreal in a deal estimated to have been worth more than Sh1.5 billion.

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