Chris Kirubi

Christopher John Kìrubi (20 August 1941 – 14 June 2021), born in Murang'a County, was a Kenyan businessman, entrepreneur, and industrialist. He was a director at Centum Investment Company, a business conglomerate, of which he was the largest individual shareholder.

According to the 2011 Forbes annual rankings of Africa's richest people in Kenya, Kìrubi was ranked the second richest man in Kenya and 31st richest in Africa, with a net worth of $301 million.

He chaired DHL Express Kenya Limited, Haco Industries Kenya Limited, Kiruna International Limited, International House Limited, Nairobi Bottlers Limited, Sandvik East Africa Limited and 98.4 Capital FM. He was also a non-executive director of Bayer East Africa Limited, UAP Provincial Insurance Company Limited and Beverage Services of Kenya Limited.

He died on 14 June 2021 after a long battle with cancer.

Early life and education Kìrubi was born into a poor family, and his parents died when he was young. He began work while still in school, working during school holidays to support himself and his siblings. Upon graduation, his first job was as a salesman, repairing and selling gas cylinders for Shell, the petroleum conglomerate.

Career

During the 1960s and early 1970s, Kirubi worked as an Administrator at Kenatco, a government-owned transportation company. Around 1971, he began buying run-down buildings in the cities of Nairobi and Mombasa, renovating them for resale or renting them out. He also began acquiring prime land in and around Nairobi and proceeded to erect rental and other commercial properties, using loans from Kenyan financial institutions.

Holdings

Kìrubi was the largest single investor in Centum Investment Company, whose stock is listed on both the Nairobi Stock Exchange and on the Uganda Securities Exchange. and Nation Media Group.

Former investments

At one time, Kìrubi owned 9.58 percent of UAP Holdings, an investment and insurance conglomerate that provides investment and insurance services in the countries of Eastern and Central Africa. In 2015, he sold his shares to Old Mutual and exited the stock.

In May 2020, Haco Industries sold the BIC brand (stationery, lighters and shavers) to French conglomerate Société BIC. The deal brought to an end 40 years of Haco's BIC franchise.

Personal life Kirubi was in a marriage that ended in divorce in 1999 and never re-married. He had 2 children, Mary Ann-Musangi and Robert Kirubi.At one point in time, he likened marriage to enslavement as an advice to young men. While speaking in the comedy program Churchill Show, Kirubi mentioned that one should only marry after finding the right partner, else they could end up in some kind of 'jail'. Death Kìrubi died on 14 June 2021 after a long battle with cancer.

Philanthropy Kìrubi was involved in a youth mentorship programme called Ask Kìrubi. He pursued his passion for youth empowerment in Africa through online authorship and physical talks in high schools and universities in Kenya. Awards and Honors 1999: Elder of the Burning Spear (EBS), by President Moi 2000: Honorary Consul for Ghana in Kenya(2000 -2008) and member of Ghana's Investor advisory council 2012: Honorary Philosophical doctorate in Entrepreneurship by Swiss Management Academy 2015: Chevalier,Legion of Honour by French government 2015: African CEO of the Year 2015 by Africa CEO Forum 2015: Grand Medal of honor by Ghanian government. 2015: Member of Harvard University's global advisory council(2015-2021) 2015: Elected Treasurer of the Board of the African Union Foundation 2016: Honorary Consul for Mauritius in Kenya. 2020: Chief order of the Burning Spear (CBS) by President Uhuru Kenyatta