President William Samoei Ruto has been ranked among the richest heads of state in the world, with an estimated net worth of $400 million (approximately KSh 51.7 billion).
The ranking places him 11th globally, highlighting his vast investments and financial influence both within and outside Kenya.
President William Ruto, who ascended to the presidency in September 2022 after serving as Deputy President for nearly a decade, has long been considered one of Kenya’s most financially successful politicians.
According to international wealth reports, the bulk of his fortune stems from real estate investments, hospitality ventures, and shares in insurance and agribusiness companies.
Among his most recognized assets is the Weston Hotel, a luxury establishment located opposite Wilson Airport in Nairobi. The hotel, valued at several million dollars, has hosted numerous political and business events over the years and remains one of the capital’s most discussed properties.
William Ruto is also said to own high-end hotels in Mombasa and the Maasai Mara, collectively worth over $24 million (KSh 3.5 billion).
His portfolio reportedly extends into the insurance sector through a significant stake in the Africa Merchant Assurance Company (AMACO), one of Kenya’s homegrown insurance firms.
Before entering politics, William Ruto built his wealth through farming and business ventures. His rise from a modest background in Kamagut, Uasin Gishu County, to becoming one of Africa’s wealthiest presidents has been described as a story of determination and strategic investment.
While critics have often questioned the sources of his wealth, Ruto maintains that his success is the result of hard work and legitimate business.
He has publicly stated on several occasions that his investments are “clean and transparent,” dismissing any allegations of corruption or misuse of public office.
In comparison, William Ruto’s predecessor, Uhuru Kenyatta, reportedly has a net worth of $500 million (KSh 64 billion), making him one of the richest former leaders in Africa.
President William Ruto’s growing wealth profile cements his position among Africa’s elite political class. As global rankings continue to spotlight the personal fortunes of world leaders, his inclusion underscores both his political influence and his financial might.
For many Kenyans, however, Ruto’s wealth also raises questions about economic inequality, as the nation continues to grapple with unemployment and the rising cost of living — even as its president ranks among the world’s financial elite.
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