Bhimji Depar Shah is a Kenyan businessman, industrialist and entrepreneur.[1] He is the founder and chairman of Bidco Africa, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries.
Bhimji Depar Shah | |
|---|---|
| Born | 1931 (age 92–93) |
| Nationality | Kenyan |
| Occupation(s) | Businessman, entrepreneur and industrialist |
| Years active | 1970–present |
| Organization | Bidco Group of Companies |
According to Forbes annual ranking of Africa's richest in Kenya Bhimji Depar Shah is the richest man in Kenya, and 31st richest man in Africa with a net worth of $700 million as of November 2015.[2]
History edit
He was born in Cairo, Egypt in 1931. He settled in Nyeri, opening up a petrol station in the town. In 1970, he started Bidco Industries Limited, a garments manufacturing business. In 1985, the company switched to soap production.[3] In 1991, Bidco opened up an edible oil manufacturing plant in Thika, and moved its International headquarters into the town, northeast of Nairobi, Kenya's capital. As of November 2014, the industrial conglomerate is a leading manufacturer of soaps, detergents, and baking powder, with annual gross revenue in excess of US$500 million. Bhimji's son Vimal Shah serves as the company's chief executive officer.[4]
See also edit
References edit
- ^ Nsehe, Mfonobong. "Wealthy Bhimji Shah Family Of Kenya Builds $200 Million Industrial Park". Forbes.
- ^ "Bhimji Depar Shah & family". Forbes.
- ^ "Bhimji Depar Shah Net Worth". Celebrity Net Worth. 4 September 2015. Retrieved 5 October 2017.
- ^ "Africa's 50 Richest: #33 Bhimji Depar Shah & Family". Forbes Magazine. November 2014. Retrieved 20 November 2014.