Revealed: List of Multibillion Companies and Businesses Owned by Raila Odinga
ODM Leader Raila Odinga is undoubtedly one of the richest people in Kenya. His wealth is in the north of Ksh 55billion. Though he has been in the opposition for several decades, except when he was the Prime Minister, the opposition leader has amassed enough to put him in the list of ‘big boys’ in the country.
Raila Amolo Odinga was born on January 7, 1945. He is a renown and celebrated kenyan politician, popularly known for his eloquence and unwavering bravery when articulating social, economic and political matters.
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.
The 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.
Spectre International is located in Kisumu and is the only company that supplies molasses, a key component in sugar production, in the country. The company also manufactures fertilizer.
2. East African Spectre, a gas cylinder manufacturing plant that was founded by Raila Odinga’s father, the late Oginga Odinga.
East African Spectre is the only private company in Kenya that supplies gas cylinders to oil companies.Raila Odinga solely owns the company, which posts profits in billions annually.
3. Multimillion family home suitably located in Karen, Nairobi.
4. Runda home, where houses go for as much as Ksh 100 million.
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5. A luxurious holiday home in Mombasa.
6. A multimillion Kisumu home.
Raila built his own State House in Kisumu. The house cost him Ksh1 billion
7. Two private choppers.
8. Pan African Petroleum Company.
Pan African Petroleum Company (the firm through which the Odinga family imports and distributes petroleum products).