Four lessons on money you can learn from Njenga Karume estate woes

The late billionaire Njenga Karume.

The estimated Sh500 billion at the core of inheritance disputes filed in courts between relatives of departed billionaires is a cautionary tale of what happens when patriarchs fail to have structured talks with stakeholders on how their empires should be run after they die. 

The late billionaire Njenga Karume’s family dispute is only one of many that are dragging their way through the country’s lethargic court system that appears to only benefit estate administrators and the lawyers on both sides.