A new shocking report has revealed details of how a few super rich individuals control two-thirds of the country's economy.
The report released on Wednesday 25th May, 2016, by the New World Wealth firm indicates that Kenya has 450 billionaires distributed across Nairobi, Mombasa and Kisumu.
According to the study, Kenya has 340 individuals categorised as multi-millionaires and 110 others described as the ultra-rich.
Multi-millionaires are those with Sh1 Billion and above to their name while the ultra-rich millionaires have Sh3.03 Billion and above.
The 450 filthy rich are among 8,500 other super-rich people who according to the report control two-thirds of the country's economy with their wealth standing at a whooping Sh6.2 Trillion.
You want to know where these people reside?
According to the report, Three-quarters of the super rich individuals reside in Nairobi's affluent estates like Runda, Lavington, Riverside, Kitisuru, Karen, Muthaiga, Kileleshwa, Langata, Spring Valley, Bahati Ridge, Thigiri Ridge and Westlands.
The ones at the coast reside in Mombasa's posh estates of Shanzu, Nyali, Bamburi, and Tudor while a few others live in high-end estates of Kisumu, Malindi, Kilifi and Nakuru.
The report by the south Africa based firm predicts the number of dollar billionaires in the country to hit 15,300 in the next decade.