The super-rich also cry as billionaire numbers drop

Six Kenyans have been kicked out of the billionaires’ club due to a harsh economy experienced in the last one year. According to a new wealthy report, 500 Kenyans can no longer boast of being dollar millionaires (having between Sh100 million and 900 million).

The Knight Frank Wealth Report Attitudes Survey 2020, which tracks how the rich spend and invest their money, shows that for the first time in five years, the extremely wealthy individuals in the country have significantly lost the value of their assets.