Ali Hassan Joho’s Surprising Net Worth in Billions

by Havana Media
0 comment
ali hassan joho

When Ali Hassan Joho stepped into the room for his vetting by the National Assembly Committee on Appointments, few could have guessed the bombshell he was about to drop. The former Mombasa Governor, now nominated for the position of Cabinet Secretary for Mining, Blue Economy, and Maritime Affairs, casually revealed his net worth: a staggering Sh2.3 billion.

The room fell silent for a moment as the committee members processed this information. Joho, known for his charismatic personality and political acumen, seemed almost nonchalant about the figure.

Ali Hassan Joho | Cs Nominee
Blue economy Cabinet Secretary nominee Ali Hassan Joho arrives in parliament for vetting, Sunday, August 4, 2024.

“It’s largely from developed and undeveloped property,” he explained, his voice steady. “My homes in Mombasa, Vipingo, Malindi, and Nairobi. Some shareholdings in property and family businesses, valuables, and cash in the bank.” He was quick to clarify that this wealth was his alone, not including his family’s assets.

As Joho spoke, one couldn’t help but reflect on his journey. From founding Prima Pest and Bins Ltd, Mombasa’s first garbage collection company, to serving as Kisauni MP for five years and then as Governor for a decade, Joho’s path to wealth has been as diverse as it has been impressive.

The revelation sparked curiosity and raised eyebrows. How does a man go from collecting garbage to amassing billions? Joho’s story is a testament to the opportunities – and perhaps the complexities – of Kenya’s political and business landscape.

As the vetting continued, the committee probed deeper into Joho’s background, including his other ventures like M-tech Kenya and East Africa Terminals. But for many observers, the headline was already written: the man once known as the “Sultan of Mombasa” had put a very precise figure on his sultanate.

Joho’s disclosure serves as a reminder of the immense wealth some of Kenya’s political figures have accumulated. It also raises questions about the intersection of business and politics in the country. As Joho aims for a national role in the cabinet, his financial declaration will undoubtedly be a topic of discussion in the coming days.

From the streets of Mombasa to the halls of power in Nairobi, Hassan Ali Joho’s journey – and his billions – tell a story of ambition, opportunity, and the complex realities of modern Kenya.

You may also like

Leave a Comment

HAVANA MEDIA is a Kenyan Online television channel owned by Havana Media Company and broadcasts mostly in English and Swahili. It was started in 2020.

Newsletter

Subscribe to our daily News, Blog, Tips & New Videos. Let's stay updated!

2024 – HAVANA MEDIA Inc  – All Rights Reserved.