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Gigantic miliionaires
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wanyuru
#1 Posted : Thursday, June 09, 2011 1:25:48 PM
Rank: Veteran

Joined: 11/29/2007
Posts: 948
so at only 22 years, Wallace Ngige earns a net of 320k per month....none of the said webpages seems to work though.
Are these stories for real?

http://www.nation.co.ke/.../-/11q1py0/-/index.html
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Mtu Biz
#2 Posted : Thursday, June 09, 2011 3:32:06 PM
Rank: Veteran

Joined: 1/16/2007
Posts: 1,320

Hii story ni shifty sana.
Sola Scriptura
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mukiha
#3 Posted : Thursday, June 09, 2011 3:55:46 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
I am amazed by the stories that appear in that column. I am always left wondering whether the featured people pay their share of taxes. When some one claims to be making Sh300k pm after expenses, he should be paying about sh80k to KRA every month... and we say we can't raise the sh1.15T
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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MaichBlack
#4 Posted : Thursday, June 09, 2011 5:41:02 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,845
Those stories - the ones that appear on Daily Nation about sijui who is doing what and making what - are normally crap!!! I have seen two articles on people I know very well and boy, are those stories exaggerated!!!! This fake journalist don't even do simple background checks. A fellow can say he did his masters in Business Finance at Strathmore University and they publish the story. Only that the nearest the fellow has been to Strathmore is while drinking at Nairobi west. And there is no masters in business finance at Strathmore!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Elder
#5 Posted : Thursday, June 09, 2011 5:45:17 PM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
mukiha wrote:
I am amazed by the stories that appear in that column. I am always left wondering whether the featured people pay their share of taxes. When some one claims to be making Sh300k pm after expenses, he should be paying about sh80k to KRA every month... and we say we can't raise the sh1.15T


You beat me to it. I was about to comment that the only way you can be sure of that story is on seeing his tax return. Maybe KRA should start concentrating on these public millionaires.
He who can express in words the ardour of his love, has but little love to express. - Petrach, Son. (That men by various ways arrive at the same end. - Montaigne, The Essays of.)
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luttz
#6 Posted : Thursday, June 09, 2011 6:11:51 PM
Rank: Member

Joined: 3/18/2008
Posts: 377
@ Mukiha, Maich spot on. They did a story on a guy I know very well some years back. Its crap most of the time. Not many Kenyans in active employment net that much. Nway wish the young guy luck
"You've never lived until you've almost died; for those who have fought for it, life has a flavour the protected will never know."
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Lolest!
#7 Posted : Thursday, June 09, 2011 6:18:06 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
MaichBlack wrote:
A fellow can say he did his masters in Business Finance at Strathmore University and they publish the story. Only that the nearest the fellow has been to Strathmore is while drinking at Nairobi west. And there is no masters in business finance at Strathmore!!!

Laughing out loudly Laughing out loudly Laughing out loudly
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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radio
#8 Posted : Thursday, June 09, 2011 6:54:23 PM
Rank: Veteran

Joined: 11/9/2009
Posts: 2,003
wanyuru wrote:
so at only 22 years, Wallace Ngige earns a net of 320k per month....none of the said webpages seems to work though.
Are these stories for real?

http://www.nation.co.ke/.../-/11q1py0/-/index.html


DN wrote:

The tattoo college has about 10 students, while his DJ academy has more than 20 students. The two businesses are located on two floors in a flat he has rented in Ngumo Estate.

His tattooing business earns him Sh80,000 after expenses. Mr Ngige’s main focus has been on how to make clients feel appreciated and breaking into new grounds.

d'oh! d'oh!


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KenyanLyrics
#9 Posted : Thursday, June 09, 2011 7:17:29 PM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
I know Wallace Ngige. Anakuwanga wale mahustler wa mtaani. There's no way he's earning 320k. Even the ka-stall they were running as a joint venture with his boys closed earlier this year, and as you can see, none of the sites work! This is irresponsible, misleading journalism.
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Lolest!
#10 Posted : Thursday, June 09, 2011 7:47:52 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Oh no, the press has been duped again!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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