Kimiti Wanjaria: The Real Estate millionnaire who committed suicide
Kimiti Wanjaria’s death has really shocked Kenyans and raised alot of questions among many people.
Kimiti, a real estate entrepreneur allegedly committed suicide, and his death has saddened internet users.
We have lost the most innovative, most entrepreneurial mind of our generation from Alliance High School. A gentleman who taught me that failure so better than success because next time you try, you will shock even yourself. We had crazy drama. My tears 😠can’t stop. Go well pic.twitter.com/N3CpVljPiz
— SokoAnalyst (@SokoAnalyst) March 12, 2022
According to media reports, Kimiti Wanjaria with the help of Ian Kahara founded Serene Valley Properties (SVP), a Nairobi-based real estate development firm that builds and sells homes to Kenya’s growing middle class.
Kimiti Wanjaria first made headlines in 2013 when Forbes named him one of Africa’s Top 30 Under 30 entrepreneurs for a multimillion-shilling property investment in Kiambu being developed by a firm in which he had stakes.
To be named to the highly coveted list, applicants must demonstrate that they are game changers and the brightest performers under the age of 30 in business, technology, sports, science, or health.
Kimiti Wanjaria: Who Was he? What Caused his Death?
Kimiti was born and raised in Kenya. By the age of 21, Wanjaria had worked as an insurance broker, in a law firm, and as the manager of an educational institution, The Jossy Schools.
Before investing in Serene Valley Properties Limited with Kahara, he owned other businesses.
Kimiti Wanjaria’s Wife and Children
Kimiti Wanjaria has not revealed any details about his family or wife to the public. He was not a fan of media attention.
Wanjaria, a bright student who purposely received a B plus in order to avoid qualifying for a prestigious degree, had always wanted to be an entrepreneur.
Kimiti Wanjaria was a young and inspiring African real estate entrepreneur who died after allegedly committing suicide due to frustrations.
At his funeral in Tigoni on Friday, friends and family said he had hit rock bottom and was trying to find himself before returning to the business world. He even had a name for his new company, ‘Silver Hill Investment Limited,’ which he planned to use to resurrect his career.
Kimiti Wanjaria’s Net Worth
Kimiti Wanjaria’s net worth is estimated to be in the $10 million range. His real estate business provided the majority of his income.
#FOYA2020EA Realtor of the year Under 30 #Kenya nominee, Kimiti Wanjaria – Serene Valley Properties @serene_valley @kimitiwanjala Vote now https://t.co/jLA2erqy67 pic.twitter.com/mVeaIWCMun
— Founder Of The Year Awards (@FoyaGlobal) August 21, 2020
Serene Valley Properties was co-founded by him. He and his business partner, Ian Kahara, had decided to take on the titans of the capital-intensive real estate industry, doing something unprecedented for people his age.
Serene Valley Properties Limited was built in Kahara’s grandmother four acres of land after they bought from her. 30 homes were built on it for Sh350 million along Waiyaki Way near the Sigona Golf Club.
