Published by
Business Daily
Business Daily
Kenya dollar millionaires rose to 3,362 million last year on the back of young entrepreneurs making fortunes in sectors such as ICT and business recovery from the Covid-19 economic fallout. The latest instalment of the Knight Frank Wealth Report shows the number of Kenyans with a net worth of at least $1 million (Sh113.9 million) grew by 39 last year from 3,323 in 2020 and is expected to hit 4,274 by 2026. This points to recovery from the effects of Covid-19 that hammered most asset classes and prompted business closures, drops in corporate profits and dividends freeze in firms owned by the we…