The Richest Person in Kenya Making Sh1.6Billion/Hour – Sameer Merali

Currently, Sameer Merali is the wealthiest individual in Kenya. Sameer is the child of the deceased wealthy businessperson, Dr Naushad Noorali Merali.

According to a report by Nairobi Leo, Sameer Merali’s total value of money and assets is estimated to be $790 million.

Sameer Merali took over his family’s business after his father passed away a few years ago. The Sameer Merali business empire has put money into different areas such as IT, farming, and making things, to name a few.

Sameer Merali Educational Background.

The businessman went to college in London, UK, and earned a degree in Science in management Sciences at King’s College.

Later, Sameer Merali continued his education by studying for a master’s degree in Banking and International Finance at the City University Business School in London.

After he finished school, he got a job at Merrill International Bank. Then, three years later, he started working for his dad’s company.

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When Sameer Merali’s father, Dr. Naushad Noorali, earned 1. 6 billion shillings in just one hour.

A report from Kenyans. coke says that Naushad Noorali earned a huge amount of money, 1. 6 billion Shs, in just one hour because he made smart decisions and had a clever business mindset.

Dr Naushad made a lot of money by making smart business decisions for a long time. At one point, he made a large amount of cash in a deal.

Sameer Company CEO

Sameer rose to become the company’s CEO. He pursued other business investments and is the chairman of Ryce East Africa Limited, Nandi Tea Estates Limited, and Warren Enterprises Limited. 

According to the company’s website, Sameer is also a director of Sameer ICT Limited, Sameer Telkom Limited, and Fidelity Shield Insurance Company Limited.

“Merali has extensive experience in strategic leadership, business initiation and development, corporate management, audit and risk management as well as prudent financial management and planning,” reads part of his biography from the company’s site.

Despite the wealth that he has amassed, Sameer is not one to shy away from sharing his expertise with young entrepreneurs. He has been a member of the Young Presidents Organisation (YPO) Nairobi Chapter since 2006. 

The organisation includes a number of young chief executives and experts who share their knowledge and expertise. It currently has approximately 29,000 members situated in more than 130 countries. 

Sameer married Daisy Merali, with whom they bore two children, Reyna and Rivaan. His wife, unfortunately, passed away on February 26, 2020. 

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