Author Topic: Moi 300billion fortune  (Read 2630 times)

Offline RV Pundit

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Moi 300billion fortune
« on: January 13, 2022, 10:15:34 PM »
This why I keep saying don't play ajua in a chess board

Offline RV Kirgit

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Re: Moi 300billion fortune
« Reply #1 on: January 13, 2022, 11:05:19 PM »
Did they not split after moi death,?

Recently saw they sold logistics company for Arab money

Offline Nowayhaha

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Re: Moi 300billion fortune
« Reply #2 on: January 14, 2022, 07:45:34 AM »
Boss Same case as Biwotts case once you are gone the wealth is subdivided . These are the fights ongoing . The grandchildren of the deceased sons will want their share and most of the times they will sell it. This will not be regarded as Mois net worth. Accept the new reality.

This why I keep saying don't play ajua in a chess board

Offline Nowayhaha

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Re: Moi 300billion fortune
« Reply #3 on: January 14, 2022, 07:46:48 AM »
Exactly . This guy lives in the Nyayo era, where he still thinks what belongs to Moi belongs to him.

Did they not split after moi death,?

Recently saw they sold logistics company for Arab money

Offline gout

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Re: Moi 300billion fortune
« Reply #4 on: January 14, 2022, 10:11:39 AM »
The fight once Gideon loses favour with the system will be epic. Just like once Mama Ngina exits the stage.

There are so many subjugated family members bidding their time.
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline Njuri Ncheke

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Re: Moi 300billion fortune
« Reply #5 on: January 14, 2022, 10:28:00 AM »
Exactly . This guy lives in the Nyayo era, where he still thinks what belongs to Moi belongs to him.

Did they not split after moi death,?

Recently saw they sold logistics company for Arab money
Pundit is stuck in the 90s guys doesn't comprehened we are very many years behind that. Its pointless to have a sober discussion with pundit.

Offline RV Pundit

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Re: Moi 300billion fortune
« Reply #6 on: January 14, 2022, 11:16:12 AM »
300 divided by moi sons - still leave each with at least 40B. How many kenyans can talk about 40B in hard assets. Stop dreaming. Moi and Kenyatta wealth is enormous.
Boss Same case as Biwotts case once you are gone the wealth is subdivided . These are the fights ongoing . The grandchildren of the deceased sons will want their share and most of the times they will sell it. This will not be regarded as Mois net worth. Accept the new reality.

This why I keep saying don't play ajua in a chess board

Offline Kadudu

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Re: Moi 300billion fortune
« Reply #7 on: January 14, 2022, 11:58:50 AM »
Hiyo ni pesa mingi sana.
I think this grandson of Moi must have been left out. Even if Jonathan had 10 children his stake would be 4B. Not small money. Most likely someone wants his share.

300 divided by moi sons - still leave each with at least 40B. How many kenyans can talk about 40B in hard assets. Stop dreaming. Moi and Kenyatta wealth is enormous.

Offline Njuri Ncheke

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Re: Moi 300billion fortune
« Reply #8 on: January 14, 2022, 12:12:14 PM »
Hiyo ni pesa mingi sana.
I think this grandson of Moi must have been left out. Even if Jonathan had 10 children his stake would be 4B. Not small money. Most likely someone wants his share.

300 divided by moi sons - still leave each with at least 40B. How many kenyans can talk about 40B in hard assets. Stop dreaming. Moi and Kenyatta wealth is enormous.
In 10 years Mois will disappear from top 20 of richest in Kenya unless he can be in government this year

Offline RV Pundit

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Re: Moi 300billion fortune
« Reply #9 on: January 14, 2022, 12:18:31 PM »
Just imagine Kenyatta land in Northland city is whopping 11,000 acres. An acre in Nairobi is trending towards 100M. That is 1M dollar times 11,000. That is 11 billion dollar or 1.1 trillion Kshs. Go to Ngata in Nakuru - another 10,000 acre smark  15kms from city - that land is probably going for 5-10m an acre....that is another clean 1B dollars.

These two families are rich - because they have real hard assest - mostly in land holdings - in nearly everywhere in kenya - prime lands - prime properties.

This is not wealth that can disappear like SportPesa or FIntech or Nakumat...mbiashara hivi hivi

These people are just making money every day as land appreciate - kazi itakua ni kukata 100 acres - they get  1 billion shs - they go eat it - when they finish the money in casinos and horse trading abroad - they comeback and sell another 100 acres.

You saw Moi sold USIU land to three people - each paid 500M kshs.

Uhuru from september will probably descend to Northland city - build tarmac, sewage works and little horizontal infrastructure - then like Tatu city - start selling 1/4 of an acre for 15-20M :)

Hiyo ni pesa mingi sana.
I think this grandson of Moi must have been left out. Even if Jonathan had 10 children his stake would be 4B. Not small money. Most likely someone wants his share.

300 divided by moi sons - still leave each with at least 40B. How many kenyans can talk about 40B in hard assets. Stop dreaming. Moi and Kenyatta wealth is enormous.

Offline Nowayhaha

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Re: Moi 300billion fortune
« Reply #10 on: January 14, 2022, 12:29:08 PM »

From Moi to Kenyatta, What is the sticking point ?
Kenyatta has been in the Government for the past 25 years as head of state and Minister of Finance . Kenyatta managed to capture the state in the last 15 years . Moi have been out of Government for the last 20 years .
Now Moi passed on 2 years ago. Mama Ngina is still around. Meaning where as Mois wealth has been divided and sold Kenyattas wealth is still consolidated.
Read the article you posted the link to part of Mois land and SF company were sold and the grandson is questioning where the money went ?
Somebody says 5 B is alot of money and on the other hand somebody says this is the money Mudavadi is to be given to extend support for 2022. You need to clear your minds.
300B is large sum of money by one person but if  subdivided to extended family it dilutes furthermore majority of the assests will be sold and the money will dissapear in the air.


Just imagine Kenyatta land in Northland city is whopping 11,000 acres. An acre in Nairobi is trending towards 100M. That is 1M dollar times 11,000. That is 11 billion dollar or 1.1 trillion Kshs. Go to Ngata in Nakuru - another 10,000 acre smark  15kms from city - that land is probably going for 5-10m an acre....that is another clean 1B dollars.

These two families are rich - because they have real hard assest - mostly in land holdings - in nearly everywhere in kenya - prime lands - prime properties.

This is not wealth that can disappear like SportPesa or FIntech or Nakumatta.

These people are just making money every day as land appreciate - kazi itakua ni kukata 100 acres - they get  1 billion shs - they go eat it.

You saw Moi sold USIU land to three people - each paid 500M kshs.

Hiyo ni pesa mingi sana.
I think this grandson of Moi must have been left out. Even if Jonathan had 10 children his stake would be 4B. Not small money. Most likely someone wants his share.

300 divided by moi sons - still leave each with at least 40B. How many kenyans can talk about 40B in hard assets. Stop dreaming. Moi and Kenyatta wealth is enormous.

Offline Nowayhaha

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Re: Moi 300billion fortune
« Reply #11 on: January 14, 2022, 12:32:49 PM »
One sentence and you nail the point.
Exactly the reason Uhuru wants to control his succession.
If he is not in the next government in whatever capacity or by deal he runs a risk of losing his wealth or his wealth to be watered down  and worse lose all the cashcow departments he can continue earning money.



Hiyo ni pesa mingi sana.
I think this grandson of Moi must have been left out. Even if Jonathan had 10 children his stake would be 4B. Not small money. Most likely someone wants his share.

300 divided by moi sons - still leave each with at least 40B. How many kenyans can talk about 40B in hard assets. Stop dreaming. Moi and Kenyatta wealth is enormous.
In 10 years Mois will disappear from top 20 of richest in Kenya unless he can be in government this year

Offline Kadudu

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Re: Moi 300billion fortune
« Reply #12 on: January 14, 2022, 01:03:08 PM »
No matter who comes to power in August, Kenyattas and Mois are here to stay. Their children and grandchildren do not need to move a finger and can go on drinking spress everyday. Their money cannot be spent in normal terms. The current squabbles are normal since some side kids feel left out. Once that is sorted, they can all go on spending sprees.
The two families cannot be compared to Njenga Karumes of this world.

One sentence and you nail the point.
Exactly the reason Uhuru wants to control his succession.
If he is not in the next government in whatever capacity or by deal he runs a risk of losing his wealth or his wealth to be watered down  and worse lose all the cashcow departments he can continue earning money.

Offline Nowayhaha

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Re: Moi 300billion fortune
« Reply #13 on: January 14, 2022, 01:13:54 PM »
To put it into context. Just 2 years after Moi demise. Imagine 10 years down the lane and Gideon being in opposition with Azimio. Ofcourse Gideon is disposing some of this wealth to sponsor His political Misadventure if he fails to get into the next Govt as it is evident and unlike Uhuru who is close buddy ro Ruto and will cut a deal. You will see court battles and only Lawyers and Judges will benefit. Na bado.


https://www.the-star.co.ke/news/2022-01-14-moi-was-worth-over-sh300bn-grandson-says-in-wealth-battle/

Quote


Did they not split after moi death,?

Recently saw they sold logistics company for Arab money

Offline Nowayhaha

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Re: Moi 300billion fortune
« Reply #14 on: January 14, 2022, 01:24:20 PM »

First you cannot compare Kenyattas to Mois family Wealth.
Kenyatta have been in power in 2 generations . When they were out of power through Mama Ngina the managed to consolidate their wealth thanks to protection from Moi.
Secondly Mama Ngina is still around and she is the pillar of that family. Moi who was the pillar passed on 2 years ago.
Now Ofcourse That amount of money is huge but as experienced by billionares becoming Bankrupt is just a matter of seconds .
Njuri put it very well .Moi family after 20 years out of power need to get power back so as either to maintain or grow their wealth.
Kenyatta family managed that through Uhuru even the CS post of Finance is good enough. Otherwise a matter of years and the wealth will be gone with the wind.

No matter who comes to power in August, Kenyattas and Mois are here to stay. Their children and grandchildren do not need to move a finger and can go on drinking spress everyday. Their money cannot be spent in normal terms. The current squabbles are normal since some side kids feel left out. Once that is sorted, they can all go on spending sprees.
The two families cannot be compared to Njenga Karumes of this world.

One sentence and you nail the point.
Exactly the reason Uhuru wants to control his succession.
If he is not in the next government in whatever capacity or by deal he runs a risk of losing his wealth or his wealth to be watered down  and worse lose all the cashcow departments he can continue earning money.

Offline Njuri Ncheke

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Re: Moi 300billion fortune
« Reply #15 on: January 14, 2022, 03:38:52 PM »
I don't know why its difficult for most Kenyans to grasp wealth manenos. To maintain wealth you need to balance between liquid cash/cash at Hand or bank with assets. Any of those being bigger than the other means trouble, again maintaining assets like land is also problem,they can depreciate or appreciate
Most wealthy maintain wealth by creating new wealth you can't ne static. If you had 100 billion 10years ago and you just keep it unused it means what you have is security of wealth but other people will be becoming richer than you. Simple economic s and in long run you drop out of richest
Kenyattas constantly create new wealth for Mois I cant say probably will eat the money slowly as they dim.
Example look at the wealthiest in the world its always hard being at the top as the one who is creating most wealth wins
Wealth is not static its dynamic.who is creating wealth at a faster rate than the other?

Offline Nowayhaha

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Offline gout

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Re: Moi 300billion fortune
« Reply #17 on: January 15, 2022, 05:49:58 PM »
Some parts of Northlands are selling at 180 million  - the offplan blah blah on one acre. Crazy loads cash. No wonder Mama Nyakua and son wants some more time to take it to Pandoras.
Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one ~ Thomas Paine

Offline RV Pundit

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Re: Moi 300billion fortune
« Reply #18 on: January 15, 2022, 06:33:58 PM »
Yeah they sold to south Africa

Offline Nowayhaha

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