According to 2009 EBanks Annual Reports, Mr Muguku had 225,452,550 Equity Banks Shares, worth Kshs 5.974 Billion @ todays price of 26.50. He recieved dividends after tax in Excess of 85 Million during the Year 2009.
This man is not rich, he is WEALTHY.
http://www.equitybank.co..._Annual_Report_2009.pdf
When Henry Ford created his Auto Empire, He employed his son and trusted friends to manage it. When Andrew Cannagie was buliding his steell empire, he looked for intelligent and trusted friends to run it.
But in Kenya, if James Mwangi & Co does something similar he is branded tribalist. Very Sad indeed