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Property in coast now rival Nairobi as prices soar on demand

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Increased demand for residential properties in Kenya’s coast has seen prices soar by more than 400pc with the market now rivaling properties in Nairobi...

High visa rejection rate hurting Africa super rich global investment

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African entrepreneurs and investors ability to grow their wealth portfolios beyond the borders of the continent is being curtailed by stricter visa requirements by...

Nairobi emerges regional hotbed of dollar millionaires

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The number of High Net Worth Individuals in Kenya could reach 12,960 within a decade from the current 7,200 according to a new report...

Amazon founder Jeff Bezos completes $8.5bn share sale plan

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Multi-billionaire Jeff Bezos has sold another 14 million Amazon shares, worth around $2.4bn (£1.9bn). The latest sale brings the total number of shares he has...

Amazon founder Jeff Bezos sells shares worth over $4bn Published

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Multi-billionaire Jeff Bezos has sold more of his shares in Amazon, bringing the total value of sales in recent days to more than $4bn...

UFAA rides on tech hasten reunification of unclaimed wealth

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The Unclaimed Financial Assets Authority (UFAA) has unveiled a six-year robust reunification strategy that will enable institutions operate according to the regulatory standards on...

L’Oréal heiress first woman to amass $100bn fortune

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L'Oréal heiress Françoise Bettencourt Meyers has become the first woman to amass a $100bn (£78.5bn; €90.1bn) fortune, according to a ranking of the richest...

George Soros hands reins of $25bn empire to son Alex

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US billionaire philanthropist George Soros has handed over the running of his $25bn (£19.9bn) financial and charitable empire to his son Alex. The Hungarian-born financier...

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