An estimated 499 Kenyans dropped from the rank of dollar millionaires last year, highlighting how the impact of Kenya’s soft economy has hurt persons who each had a net worth of more than Sh100 million.
The 2020 Knight Frank’s Wealth Report classified 2,900 Kenyans among the world’s High Net-Worth Individuals (HNWIs) last year, representing a 14.6 percent drop compared to the 2017 count.
