Home Latest NewsBusiness Kenyan Business Tycoon Naushad Merali Is Dead

Kenyan Business Tycoon Naushad Merali Is Dead

by Musa Abdirahman

Kenyan business tycoon Naushad Merali is dead. Naushad Merali is a business tycoon who has helped the commercial development in Kenya. According to reports, he died on the morning of 3rd July 2021 at 4.30 am while undergoing treatment at the Nairobi Hospital.

Amani National Congress (ANC) leader Musalia Mudavadi is among the leaders who have mourned Merali. Taking to is official Twitter account on Saturday morning, Mudavadi mourned Merali as renowned and distinguished international entrepreneur, industrialist, and philanthropist who has helped to grow the Kenyan economy.

Naushad Merali’s Companies

Merali is best known for owning three of Kenya’s major companies: Sasini Ltd, battery manufacturer Eveready East Africa, and Sameer Africa. He is also chairman of the mobile carrier Bharti Airtel’s Kenya operations. Merali appeared in Africa’s 50 Richest 2015 by Forbes.

Naushad Merali net worth

Since the inaugural ranking of Forbes list of Africa’s richest in 2011, Meralli has ranked among top 3 richest people in Kenya, and among 40 richest in Africa 5 times. 

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In 2015 he ranked 3rd richest in kenya and 48th in Africa with a net worth of $370 million.In 2014 he ranked 2nd richest in Kenya with a net worth of $550 million. 

In 2013 he ranked 2nd in kenya with a net worth of $430 million.In 2012 second richest with a net worth of $410 million.

In the inaugural ranking of Africa’s richest he ranked 3rd richest in Kenya with a net worth of $210 million

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