Kenyan content creator David Oyando, popularly known as Mulamwah, has addressed circulating rumours about his alleged financial struggles.
Social media reports claim that the comedian and father of two is weighed down by significant debts, sparking widespread speculation about his financial status.
Allegations of Debt and Repossessed Car
The rumours gained traction after Mulamwah reduced posts showcasing his Mercedes Benz and updates on the construction of his Kitale mansion.
Allegations suggest he owes Sh35 million to a bank for a loan taken to build his mansion, which is still under construction.
Additionally, it is claimed that he has a Sh2.3 million debt on his Mercedes Benz, reportedly repossessed due to missed payments.
Mulamwah’s Humorous Response
Remaining true to his comedic persona, Mulamwah took to social media to laugh off the rumours. Sharing a post detailing the allegations, he sarcastically wrote, “Eeeiii! Mumesema 35 million?” followed by laughing emojis.
Despite the ongoing gossip, Mulamwah has continued to share glimpses of his family life with his partner, Ruth K, and their son, as well as his comedy and influencer projects.
Mulamwah’s Growing Wealth and Career
In 2021, Mulamwah revealed a net worth of Sh4 million, and his ventures in entertainment and business suggest this figure has grown significantly.
Though he holds a nursing degree, he has built a thriving career as a digital content creator and comedian, securing lucrative influencer deals and diversifying his income streams.
Strategic Investments
While rumours paint a bleak picture, Mulamwah’s investments tell a different story, highlighting his entrepreneurial skills and financial planning.
Kitale Mansion
In 2024, Mulamwah disclosed that his Kitale mansion had already consumed Sh10 million, with a projected completion cost of another Sh10 million.
The ongoing project showcases his long-term financial vision.
Boda Boda Busines
Mulamwah owns over 40 motorcycles that operate under a network of riders, many of whom are his friends. The boda boda business reportedly generates up to Sh300 per motorcycle daily, proving to be a reliable source of income.
Farming in Eldoret
Beyond entertainment, Mulamwah is a dedicated farmer. He owns a wheat farm in Eldoret, Uasin Gishu County, which provides another stream of income. He has frequently expressed his passion for farming and how it complements his entrepreneurial journey.
Conclusion
Mulamwah continues to rise above speculation, focusing on his family, career, and investments. His diversified ventures demonstrate resilience and a commitment to securing a stable financial future, even as social media continues to churn out rumours.
