James Mwangi Net Worth; He is a Kenyan accountant, banker, and entrepreneur who has an estimated net worth of $9 million dollars by 2022. He is one of the most notable figures in Kenya because of his lifetime contributions to Kenyan banking society. 

James Mwangi Net Worth
  

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James Mwangi and his wife, Jane Wangui, possess Equity in Equity Group Holdings Limited and British American Insurance Company Limited, respectively (Britam). 

Their family is considered among the richest in Kenya because of a joint wealth of around $170 million. 

In this article, I will explain more about how he has earned this sum of money, about his career and much more. So stay tuned.

James Mwangi Biography

James Mwangi Net worth in USD
James Mwangi Net worth Shilling
$9 Million
KSh 1.5Billion
Full NameJames Njuguna Mwangi
Famous NameJames Mwangi
DOB17 July 1962
Age60 years
Zodiac SignTaurus
ProfessionBanking and entrepreneurship
Years Active1991 – present
Marital StatusMarried
Birth PlaceKangema, Muranga County, Kenya
NationalityKenyan

Family details

Father NameUnknown
Mother NameGrace Wairimu
Sibling’s six siblings
Spouse NameJane Njuguna

Physical Appearnace

Eye ColorBrown
Hair ColorBlack and grey
DisabilityNo
Body SignUnknown
Height5 ft 8 in
Weight75 Kg

Who is James Mwangi? 

James Njuguna Mwangi, better recognized as James Mwangi, is the chairman of Kenya Vision 2030, Kenyan accountant, and businessman. He holds various business ventures across Africa, and he is better known for his Vision 2030 model. 

james mwangi net worth

Moreover, he is the Group Manufacturing Director and Chief Executive Officer of Equity Group Holdings Limited, whose consumer base is the largest on the African continent, with over 12 million clients as of June 2018.

Early life:

James Mwangi was born on 17 July 1962 in the town of Kangema in Muranga County. His father died early therefore he was raised by his mother along with his 6 siblings. Despite being young, he had noticed the struggles of his family ,and which inspired him to do his best in the future.

He praised his mother for developing discipline in him and pushing him to work hard throughout his career. In addition to this, he was given instruction by his mother on the importance of giving back to society to make society stand on its feet. 

According to Mwangi, he is the best at helping the poor and less fortunate. The most deserving students receive educational scholarships from him. They are unable to pay for them owing to a variety of issues.

Educational background:

As far as his educational background is concerned, he attended Nyagatugu Elementary School in Kangema Village from where he got his primary education. According to his teachers, he used to be quite an industrious student due to which Government scholarship was given to him. Therefore he then enrolled in the Chagaik Secondary School where he also studied well and got a degree. 

Following the completion of his degree, James attended the prestigious University of Nairobi, where he earned a Bachelor of Commerce (BCom) degree. The Kenyan Certified Public Accountant (CPA) exam was another exam he took and passed. He also holds an Advanced Management Program diploma from the IESE Business School in Barcelona, Spain.

Doctor of Humane Letters from Kenyatta University, Doctor of Entrepreneurship from Jomo Kenyatta University of Agriculture and Technology, and Honorary Doctorate in Business Administration from Kenya Methodist University are among his five honorary doctorates.

So from the above educational career, we can easily say how well and enthusiastic a student he has been in his life.

Professional career:

After completing his numerous degrees, he decided to step into a professional career. Therefore, his first job was of bank editor at Price Waterhouse but it only lasted for a short period. Then he started working at Ernst and Young, however, then he joined Trade Bank as the Group’s Financial Controller in 1991. 

james mwangi net worth

In order to become a member of the Equity Building Society, the bank’s senior executives approached him. As soon as he joined EBS, he was appointed the Finance and Operations Director., where he stayed in this position until 2004. But due to his dedication and honest work, he was then given a role of the position of CEO.

Mwangi partnered with John Mwangi, the then-Managing Director, and Peter Munga, the chairman constituted aboard, converted 7 million into ordinary shares with EBS, becoming one of Equity Bank’s significant shareholders. The corporation suffered losses of $60 thousand at the time, which amounted to about Kshs. 5 million every year. 

Read Also; David Grutman Net worth another famous businessman.

The company’s stock was first traded on the Uganda Securities Exchange in 2009 and subsequently on the Rwanda Stock Exchange in 2015. As of December 2019, Equity had six subsidiaries in six countries and a commercial representative in Ethiopia.

Mwangi has given guest lectures at several universities, including Stanford University, Harvard University, Massachusetts Institute of Technology, and Columbia University. He has served on the board of directors and advisors in numerous companies.

The establishment of the Wings to Fly project in 2010 was one of his efforts. The initiative was established to assist and finance the education of underprivileged youngsters. His family provided $4 million to the COVID-19 pandemic relief effort.

Awards and achievements: 

james mwangi net worth

James Mwangi has been recognized and honored for his many accomplishments and nominations over the years.

Awards
An example of this is IPPF’s Africa Philanthropy Award (2012)
According to Forbes (2012), he is the African Person of the Year
Ernst and Young World Entrepreneur of the Year (2012)
African Leader of the Year by the African Leadership Network
Head of State of Commendation and Moran of the Burning Spear (MBS) (HSC)
African Banker of the Year (2010, 2011, 2018), African Banker
First Class Chief of the Order of the Burning Spear (CBS)
Africa Investor Awards’ CEO of the Year (2015)

James Mwangi net worth in different currencies:

– Dollars$ 9 million
– Pound£ 6.66 million
– Euro7.97 million

Interesting facts about James Mwangi:

Following are some interesting facts about James Mwangi: 

  1. He leads the Equity Group Foundation.
  2. He holds a doctorate in agriculture and technology from Kenya’s Kenyatta University, Methodist University, and Africa Nazarene University.
  3. Currently, he serves as the college’s chancellor. 

Conclusion:

Finally, my few words, by the end of the article, you would be crystal clear about James Mwangi net worth, biography, lifestyle, contributions, family, and much more that we thoroughly covered in this article. 

James Mwangi is one of Kenya’s most well-known figures. Many people have praised him for his efforts to assist underprivileged students in society. 

He attributes his success to his mother, who urged him to work hard and constantly give back to society. 

Even though he did not come from a wealthy family, he decided to improve his home’s status. James Mwangi net worth is approximately $170 million.

So, what do you think about him? Share your thoughts with us below in the comment section; also, if you have further queries, we are always here to serve you. 

Frequently Asked Questions

  1. Who is James Mwangi?

    James Mwangi is an African business tycoon, accountant, and banker who has changed the lives of many through his charity work.

  2. How much is James Mwangi wealth?

    James Mwangi Net Worth is around $9 million by 2022, but his combined family net worth is approximately $170 million

  3. What is James Mwangi’s real name?

    His real name is James Njuguna Mwangi.

  4. How old is James Mwangi?

    Since he was born in 1962, therefore, he is about 59 years old by March 2022.

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