Kenya has had its fair share of fake youngest billionaires. However when it comes to Steve Mbogo the story is the real deal. Coming from humble beginnings, Steve Mbogo has risen to be one of the wealthiest men in Kenya today. Mbogo begun his journey to riches by selling laptops to his friends and school mates. 15 years done the line, he is now the owner of Capital Flow Enterprises. The company which has an average turnover of about $130 million makes him the youngest billionaire in Kenya at the age of 28. The company operates in 73 countries across 4 continents.
As if this is not enough, Mbogo is heavily invested in the real estate sector, manufacturing, Insurance, ICT and Aviation industry among others. Among his other ventures, Steve Mbogo holds the Non-executive chair of the youth aviation company Kenya and flight 540. In the real estate aspect Mr.
Mbogo owns the renowned Della wine estate and twelve 4-star hotels in kenya, this is in addition to the 32 apartments he owns in Nairobi. In other counties the billionaire owns 6 nightclubs in Kisumu, Nairobi and Nakuru. Outside the country the young entrepreneur owns two insurance companies in Uganda. In the aviation industry, he jointly owns a flight training academy that operates in Wilson Airport. He also jointly owns three stock brokerage companies and two law firms under NSE.
With his success noticeable, he has been named the riches man under 30 in EA in Forbes magazine 2014 with his success expected to increase yearly. He is however a humble man with philanthropic tendencies.