Revealed: Raila Odinga Net Worth 2023

Robert Alai, former Raila Odinga ally who now working for Uhuru Kenyatta, has revealed that the government did an audit and they discovered that Raila odinga net worth and personal wealth were in excess of Kes 3 trillion or $29 billion.

A beloved and honorable politician, Raila enjoys a strong support base, particularly in Kenya’s west

Despite his repeated failures to win the presidency of Kenya, Raila continues to serve as an inspiration and a role model for many Kenyans, particularly the younger generation.

Raila Odinga’s Age and Family

Mr. Jaramogi Oginga Odinga and his wife, Mary Ajuma Odinga, welcomed Raila Amolo into the world on January 7, 1945, at the Maseno Church Missionary Society Hospital in the Kisumu region of the Nyanza province of Kenya. Raila’s father married five different wives and had seventeen children in total.

Growing up, Raila Odinga had access to a solid education. He attended a number of illustrious institutions, including Maranda Primary and Secondary Schools and Kisumu Primary School.

In 1962, after completing his secondary education, he traveled to Germany and enrolled at Leipzig University.

From there, he traveled to Magdeburg University, also in Germany, where he graduated in 1970 with a Master of Science in Mechanical Engineering.

He also pursued his education at the Kenya’s University of Nairobi.

Political Life

Jaramogi Ajuma Oginga Odinga, Raila Odinga’s father, served as Kenya’s first vice president alongside Jomo Kenyatta. One of the famous politicians who helped free Kenya from the rule of the British was Jaramogi.

Two of his sons, Raila and Oburu, whom he raised to become legendary political figures in Kenyan history, were the results of his courageous and tenacious effort.

 At the same time, Raila Odinga and his father were both elected to the legislature. The father-and-son team served as MPs from 1992 to 1994, which was an extremely uncommon occurrence in Kenya’s parliament. Along with his brother Oburu Odinga, Raila has also served in the Kenyan parliament.

Raila Odinga’s Net Worth and Salary

Born into one of the strongest families in Kenya, and with his father being the former president of the nation, Raila Odina was blessed with money from a young age.

The most recent reports say that Raila Odinga net worth is estimated to be around $2.3 billion. Raila Odinga served as Kenya’s opposition leader following his tenure as prime minister.

He has also worked in different positions like that of Minister of Energy, Minister of Roads, Public Works, and Housing, and also as the High Representative for Infrastructure Development at the African Union Commission. 

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Reports and numbers show that Raila Odinga is one of the wealthiest politicians in the country. According to the report published by Forbes, the politician’s net worth is estimated to be around $2.3 billion as of 2022.

Odinga’s company is the only one in the whole country that makes liquid petroleum gas. This gives them a large market with no competition.

The company itself is said to generate a great deal of profit for Odinga. Apart from this business, Odina also manages different ventures in fields like land, real estate, and manufacturing.

Honors and Recognitions

During his time as a politician and businessman, Raila Odina has won a number of awards and has been praised for his work.

He was awarded three honorary titles by three different universities. He received a Doctor of Laws title from the University of Nairobi in 2008.

Likewise, he was also honored by Florida A&M University with an honorary degree and by the Limkokwing University of Creative Technology with an honorary doctorate, both in the year 2012. 

Even though Raila Odinga was involved in different controversies and scams like Miguna Miguna’s claims, the maize scandal, and the 2019 gold scams, he still holds an honorable and powerful position in the political and business scenario in Kenya. 

Raila Odinga Companies and other Assets Assets

In addition to his prowess in the political sphere, Raila Odinga has continually dinned in the arena of success in the competitive entrepreneurship and business world. He is undoubtedly one of the wealthiest individuals in Kenya.

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Former Kenya’s Prime minister owns a substantial number of assets and companies which include:

1. Spectre International Limited which is the holding company for Kisumu Ethanol Plant.

2. East African Spectre, a gas cylinder manufacturing plant that was founded by Raila Odinga’s father, the late Oginga Odinga.

3. Multimillion-family home suitably located in Karen, Nairobi.

4. Runda home, where houses go for as much as Ksh 100 million.

5. A luxurious holiday home in Mombasa.

6. A multimillion Kisumu home.

7. Two private choppers.

8. Pan African Petroleum Company.

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