The collective net worth of Ruto Cabinet nominees vetted so far

Prime Cabinet Secretary nominee Musalia Mudavadi. [File, Standard]

Cabinet nominees vetted so far have a net worth of about Sh10.02 billion, with Prime Cabinet Secretary designate Musalia Mudavadi accounting for 40 per cent of the figure.

Thirteen (13) out of the 22 CS nominees vetted between Monday, October 17 and Wednesday, October 19, are multimillionaires, with most of them attributing their wealth to investment property, salary in the civil service, investment in shares and savings.

Mudavadi, who placed his net worth at Sh4 billion, said he acquired the vast wealth from companies' revenue, rent on property, shares in publicly listed companies and dividends.

Peninah Malonza, whose net worth is Sh300 million, is the wealthiest woman among the vetted CS nominees thus far.

Malonza, the CS nominee for Tourism ministry, was vetted on Wednesday, October 19.

She attributes her wealth to property in Mombasa, Kajiado and Kitui counties (Sh240 million), Sh30 million worth of shares in SACCOs, Sh20 million in livestock and farm produce and Sh3 million in vehicles.

Former Speaker of the National Assembly Justin Muturi, nominated to succeed Kihara Kariuki as Attorney-General, placed his net worth at Sh700 million.

Below is the net worth of each of the Cabinet nominees vetted so far:

  1. Musalia Mudavadi (Prime Cabinet Secretary) - Sh4 billion
  2. Justin Muturi (Attorney-General) - Sh700 million
  3. Aden Duale - (Defence ministry) - Sh851 million
  4. Dr. Alfred Mutua (Foreign Affairs ministry) - Sh420 million
  5. Alice Wahome (Water ministry) - Sh218 million
  6. Prof. Kithure Kindiki (Interior ministry) - Sh544 million
  7. Prof. Njuguna Ndung'u (Treasury ministry) - Sh950 million
  8. Aisha Jumwa (Public Service and Gender ministry) Sh100 million
  9. Davis Chirchir - Energy and Petroleum - Ksh 482 million
  10. Moses Kuria (Trade ministry) - Sh750 million
  11. Kipchumba Murkomen (Transport ministry) - Sh550 million
  12. Roselinda Soipan Tuya (Environment ministry) - Sh156 million
  13. Peninah Malonza (Tourism ministry) - Sh300 million

Their total net worth is Sh10.02 billion.

Business
Premium Burdened Kenyans walk into Easter weekend broke
Business
Premium Looming crisis as top lenders stare at Sh500b in bad loans
Business
Premium Water PS Korir put on the spot over Sh14m dam land
Business
Premium Ruto's food security hopes facing storm amid fake fertiliser scam