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The castle built by Waititu
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Impunity
#31 Posted : Sunday, October 21, 2012 8:32:50 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Money Whisperer wrote:
It is near impossible to convince many Kenyans that they can be billionaires by 30. I blame the song "Someni vijana muongeze pia bidii mwisho wa kusoma mutapata kazi nzuri sana" that prepared them for the dog-chasing-tail kind of life.


Billy Omala, and may God rest his soul in peace, Amen.

Pray
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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maka
#32 Posted : Sunday, October 21, 2012 8:52:23 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Impunity wrote:
maka wrote:
Impunity wrote:
maka wrote:
murchr wrote:
Impunity wrote:
murchr wrote:
What is impossible here that it doesnt add up?

He claims he didnt inherit anything hata kuku moja and that he is self made billionaire like "Bill Samoei"!!!!


May be you should visit that thread of how i made my million on the red section. And the guy is a mathematician, he could have discovered the power of compounding when he was very young.

...very possible hapa wazua kuna mtu ako 29 turning 30 and almst clocking a billion shs in net worth...being at the right place at the right time.


Only two guys I know of who are ideal candidate for this scenerio:
Johnson Sakaja and Onyango Oloo.

...non of the above.


Ever heard of fiTiNA?
d'oh!

...imedo?
possunt quia posse videntur
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maka
#33 Posted : Sunday, October 21, 2012 9:32:31 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Money Whisperer wrote:
It is near impossible to convince many Kenyans that they can be billionaires by 30. I blame the song "Someni vijana muongeze pia bidii mwisho wa kusoma mutapata kazi nzuri sana" that prepared them for the dog-chasing-tail kind of life.

...who read this? http://www.theeastafrica.../-/14jqe5mz/-/index.html
possunt quia posse videntur
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Um Sayala
#34 Posted : Sunday, October 21, 2012 10:14:40 PM
Rank: Veteran

Joined: 12/17/2010
Posts: 1,163
Location: Sudan
poundfoolish wrote:
www.tafaria.com

@impunity
He also did some good job, on the public psych, for the powers that were...

Who remembers a candidate with a size-able lead that diminished systematically to a race too close to call before the 07 vote?
to the debacle that was PEV?
Know people.. you could shift from middle class to Kitisuru by just carrying somebody's bag across offices


I think here lies the answer to his wealth.
With United Kingdom's policy of buying power, he cd have done this to wai3.
Didn't you hear maDVD complain that UK wants to be America's prezzo thro "highest bidding process?'
"Peace is our profession, War is our business" ...Unknown
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nostoppingthis
#35 Posted : Monday, October 22, 2012 7:33:55 AM
Rank: Chief

Joined: 8/24/2009
Posts: 5,909
Location: Nairobi
Impunity wrote:
mawinder wrote:
Impunity,you left out Boniface Chitayi a former doctors union sec gen who resigned from the union to form the red army and was given 18m to go to u.k to see how events are organized in preparation for the launch at kicc.


And what is the red army for?

Another one I forgot is from Gusiiland called Gichana, just befriend a premier's son plus land any wifey of his and PAP you are a billionaire!




@Impunity, this guy started making his cash while in the US of A.....remember the OAR hummer? ni huyu ndiye alinunua while still in US....then came back home to befriend Castro...
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wazuaguest
#36 Posted : Monday, October 22, 2012 8:03:01 AM
Rank: Member

Joined: 2/9/2012
Posts: 576
Impunity wrote:
murchr wrote:
What is impossible here that it doesnt add up?

He claims he didnt inherit anything hata kuku moja and that he is self made billionaire like "Bill Samoei"!!!!



His big brother is an Equity Director, so in as much he didn't inherit anything you can be sure he had networks. That is from an early age and also at steadman. Basically a launching pad. Add his brilliance ......
Africa belongs to Africans.
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maka
#37 Posted : Monday, October 22, 2012 8:15:05 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
wazuaguest wrote:
Impunity wrote:
murchr wrote:
What is impossible here that it doesnt add up?

He claims he didnt inherit anything hata kuku moja and that he is self made billionaire like "Bill Samoei"!!!!



His big brother is an Equity Director, so in as much he didn't inherit anything you can be sure he had networks. That is from an early age and also at steadman. Basically a launching pad. Add his brilliance ......

...right place,right time,right connections,right ideas,the right person and anythn is possible.
possunt quia posse videntur
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Elder
#38 Posted : Monday, October 22, 2012 8:18:31 AM
Rank: Elder

Joined: 9/7/2010
Posts: 2,148
Location: elderville
Impunity wrote:
innairobi wrote:
The explanation is VERY VERY VERY EASY.

http://allafrica.com/stories/200807021083.html

July 2008 - A statement from Steadman Group board of directors said that Synovate had acquired 100 per cent interest in the company. The two companies yesterday said there would be no change in the management of Steadman business, but that a re-branding of the company would happen in the near future.

http://www.the-star.co.k...ld-french-research-firm

October 2011 - French based Ipsos announced yesterday it has acquired the entire Synovate business in Africa for close to Sh86.6 billion (£525 million) making it the third largest research firm in the world. Synovate operates in Kenya, Uganda, Tanzania, Ghana, Zambia and Mozambique.




As MD, what was Waititu's stake in the company? Ipsos paid 86.6 billion for 100% of Synovate's Africa business. How much did Synovate pay for the Steadman business? How large was the Kenya business relative to the Africa business? 30%, 40%, 50%, 60% or maybe even 70%? You can do the math.

Business when it takes off is far more profitable than Kenyan's obsession with buying and selling land. Hapana shangaa na the 'sudden wealth' of jirani yako without realizing they took business risks you were probably too scared to.


Applause Applause Applause

Na kununua shares ya blue chip companies like Safcon!

Anyway was Steadman a Kenyan firm wholly?
And was Waititu just an employee and not a major shareholder.

But I'm seeing some cents in your hypothesis.
Think Think


I know of a guy who has been making a killing buying private companies with cash-flow problems (mainly due to bad management) and turning them around. He either holds them or sells them. In either case from the little I have seen the ROI is way beyond plots and shares.
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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mukiha
#39 Posted : Monday, October 22, 2012 8:49:43 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Why do so many people think that the only way to accumulate wealth is by putting a part of your salary in a bank savings account? This is the second worst method; the worst being putting the money under the pillow!

Did you not see what @Stocksmaster did with his 500k?

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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Impunity
#40 Posted : Monday, October 22, 2012 8:52:04 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
wazuaguest wrote:
Impunity wrote:
murchr wrote:
What is impossible here that it doesnt add up?

He claims he didnt inherit anything hata kuku moja and that he is self made billionaire like "Bill Samoei"!!!!



His big brother is an Equity Director, so in as much he didn't inherit anything you can be sure he had networks. That is from an early age and also at steadman. Basically a launching pad. Add his brilliance ......


Who amonng these is the big bro?

Rink:Ekwete Board
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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