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Kenyan Millionaire
Rank: Member Joined: 6/17/2008 Posts: 294
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'Whoever boasts,let him boast that he knows God'.
I guess a millionaire is the one full of spiritual gifts! His treasure is full and in a safe place 'Where moths and ants can not destroy.'
But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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Rank: Member Joined: 3/14/2007 Posts: 14
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Amen to that Eli! I totally agree.
He who watches over me neither sleeps nor slumbers! & I shall dwell in His house forever.
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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Ksh10m. Cash or liquid assets. www.mjengakenya.blogspot.comSehemu ndio nyumba
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Rank: Elder Joined: 2/7/2007 Posts: 11,935 Location: Nairobi
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Work,make money,earn,spend,build,educate your kids,invest,tithe,eat,go on holiday wherever,give away,donate,help,go to sleep and you are at peace with yourself...............look over your shoulders now.How much is left???.....that is your wealth.Where i come from,they say 'Utonga ni matigari...........'.literally said,wealth is 'left overs'...... Yombo dhier....!! Nothing great was ever achieved without enthusiasm.
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Rank: Member Joined: 6/25/2009 Posts: 63
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Guyz wake up.Kshs.1 m is kidogo money considering what you can do with it.I perceive a millionaire is on who is through with the basic possesions like good house,nice car,good health scheme for his immediate family and is assured of a constant stream of income over the coming years and his account is worth a million bucks.
pink
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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At least 364 Kenyans crossed the $1 million (Sh92 million) mark in net worth last year, which excludes their primary residences, according to The Wealth Report 2015 released by Knight Frank. The circle of Kenya’s affluent expanded to 8,764 in 2014, a 4.3 per cent increase from 8,400 in the previous year, according to research carried out by WealthInsight for the report. The country’s dollar millionaire numbers have nearly doubled over the past decade from 4,482 people in 2004. High net worth individuals are forecast to increase by nearly three-quarters in the next 10 years to reach 15,249 in 2024. - See more at: http://www.the-star.co.k...lub#sthash.nnSyRIAL.dpuf"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 4/26/2011 Posts: 759
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Iborian wrote:For me,you need USD 1 million. In Kenya this would enable you to buy a home in most exclusive areas. Hell,you can have even have a beach house down at the coast in addition to your other digs in Lavington,Runda etc (mind you - not an apartment or town house). You will also be able to buy at least one top of the range wheels - not Ex-Japan or Ex-UK. And if you choose not to work ever again - the return on such a sum even in low risk fixed income instruments will still give you a comfortable lifestyle. Now that's what I call a millionaire. DISCLAIMER - I do not qualify!
'When you do not know a thing,admit that you do not know it. This is knowledge' - Confucius USD 1 Million will get you just a house in exclusive Kenya addresses and maybe a car and you're broke!
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Rank: Elder Joined: 12/7/2012 Posts: 11,924
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[quote=murchr]At least 364 Kenyans crossed the $1 million (Sh92 million) mark in net worth last year, which excludes their primary residences, according to The Wealth Report 2015 released by Knight Frank. The circle of Kenya’s affluent expanded to 8,764 in 2014, a 4.3 per cent increase from 8,400 in the previous year, according to research carried out by WealthInsight for the report. The country’s dollar millionaire numbers have nearly doubled over the past decade from 4,482 people in 2004. High net worth individuals are forecast to increase by nearly three-quarters in the next 10 years to reach 15,249 in 2024. - See more at: http://www.the-star.co.k...ub#sthash.nnSyRIAL.dpuf[/quote] Fake. More corrupt guys are in there. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Angelica _ann wrote: murchr wrote: At least 364 Kenyans crossed the $1 million (Sh92 million) mark in net worth last year, which excludes their primary residences, according to The Wealth Report 2015 released by Knight Frank. The circle of Kenya’s affluent expanded to 8,764 in 2014, a 4.3 per cent increase from 8,400 in the previous year, according to research carried out by WealthInsight for the report. The country’s dollar millionaire numbers have nearly doubled over the past decade from 4,482 people in 2004. High net worth individuals are forecast to increase by nearly three-quarters in the next 10 years to reach 15,249 in 2024. - See more at: http://www.the-star.co.k...ub#sthash.nnSyRIAL.dpuf Fake. More corrupt guys are in there. It doesn't matter "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/10/2008 Posts: 9,131 Location: Kanjo
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[quote=murchr]At least 364 Kenyans crossed the $1 million (Sh92 million) mark in net worth last year, which excludes their primary residences, according to The Wealth Report 2015 released by Knight Frank. The circle of Kenya’s affluent expanded to 8,764 in 2014, a 4.3 per cent increase from 8,400 in the previous year, according to research carried out by WealthInsight for the report. The country’s dollar millionaire numbers have nearly doubled over the past decade from 4,482 people in 2004. High net worth individuals are forecast to increase by nearly three-quarters in the next 10 years to reach 15,249 in 2024. - See more at: http://www.the-star.co.k...ub#sthash.nnSyRIAL.dpuf[/quote] that's a very small number of Kenyans. i don't trust that report. USD 1M is not a lot. i.am.back!!!!
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Rank: Veteran Joined: 10/9/2006 Posts: 1,502
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 eli wrote:'Whoever boasts,let him boast that he knows God'.
I guess a millionaire is the one full of spiritual gifts! His treasure is full and in a safe place 'Where moths and ants can not destroy.'
But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18 sit and wait. Deuteronomy atakuletea work to prosper
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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You can be a poor Millionaire or a rich millionaire ; cashflow is the determinant! Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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You can be a poor Millionaire or a rich millionaire ; cashflow is the determinant! Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Rank: Elder Joined: 8/10/2010 Posts: 2,264
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Where can i find the register? And if i cant find my name there among the 5k dollar millionaires then the list or the number of millionaires is not correct. Politics is just things to keep the people divided and foolish and put your trust in men and none of them can do nothing for you...
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Rank: Elder Joined: 12/7/2012 Posts: 11,924
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murchr wrote:Angelica _ann wrote: murchr wrote: At least 364 Kenyans crossed the $1 million (Sh92 million) mark in net worth last year, which excludes their primary residences, according to The Wealth Report 2015 released by Knight Frank. The circle of Kenya’s affluent expanded to 8,764 in 2014, a 4.3 per cent increase from 8,400 in the previous year, according to research carried out by WealthInsight for the report. The country’s dollar millionaire numbers have nearly doubled over the past decade from 4,482 people in 2004. High net worth individuals are forecast to increase by nearly three-quarters in the next 10 years to reach 15,249 in 2024. - See more at: http://www.the-star.co.k...ub#sthash.nnSyRIAL.dpuf Fake. More corrupt guys are in there. It doesn't matter You don't get me. Meant there could be more $ millionaires in Kenya. However they are hiding & would not want to be shouted out because they acquired the wealth through corrupt means. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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As usual, the Nation reporters always get the news in SW http://www.nation.co.ke/.../-/15ovqm8z/-/index.html"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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eli wrote:'Whoever boasts,let him boast that he knows God'.
I guess a millionaire is the one full of spiritual gifts! His treasure is full and in a safe place 'Where moths and ants can not destroy.'
But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18 Amen
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Rank: Member Joined: 3/18/2008 Posts: 377
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@ Boris, but cash flow is pegged on some fundamentals unless you are peddling drugs. "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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