Rigathi Gachagua is a Kenyan tycoon currently serving as the Deputy President under Kenya Kwanza party. His resilience in the world of business caught the public eye amid a recent debate aired on national television. Martha Karua and Rigathi Gachagua net worth figures are still making headlines.
READ ALSO: Take Raila to Greece to witness ballot printing, William Ruto tells IEBC
Gachagua came to the full limelight following a surprise appointment as Ruto’s right-hand man in the forthcoming August Polls. Controversies asides, he flaunts a striking wealth base befitting a man of his calibre.
Rigathi Gachagua net worth
Speaking during the Deputy Presidential Debate held on Tuesday, July 19th, 2022, Gachagua declared his net worth at Ksh. 800 million.
He seized the opportunity to decry suffrage in the hands of the ruling Jubilee government.
“I had the money when I supported Uhuru in 2013; I still had the money when I supported him in 2017. When I refused to abandon Ruto, they froze my funds all of a sudden,” he said.
In his words, the government of Kenya did not want him to support DP William Ruto in the first place.
Parallel sources say he dumped Jubilee Party after the handshake between Uhuru Kenyatta and ODM party leader Raila Odinga.
It turns out that Gachagua is nearly a billionaire after decades of public service and massive investments.
“I don’t have a billion, I am worth Ksh 800 million, if you minus Ksh 200 million held in the bank then I’m worth Ksh 600 million.” Gachagua Said.
Deputy Presidential debate: Rigathi Gachagua and Martha Karua
The incoming deputy president intimated that he is lately targeted for throwing his support behind UDA Party leader William Ruto.
He says the government is still holding a tune of Ksh. 200 million without explanation.
“I don’t have billions, have Ksh 200 million. Ksh 64 million from the Ministry of Land, Ksh 10 million from Kenya power, Ksh 33 million from ministries of livestock, and Ksh 46 million from other organisations. “Gachagua Said.
Responding to claims that he is a secret billionaire, Gachagua said the police do not necessarily understand the banking system work.
Gachagua said it was bizarre for police reports to mistaken Ksh. 200 million for Ksh. 7 billion.
ARA had earlier called attention to his multi-million bank transactions amounting to Ksh. 7.3 billion.
Meanwhile, ARA and Gachagua are at a stand-off even as Kenyans demand to know the truth.
On her side, Martha Karua declared her wealth at Ksh. 150 million. Kenyans were quick to notice a sharp increment from her net worth of Ksh. 56 million in 2013.
In her defence, Karua said the tripling is a result of inflation and the continued accumulation of income.
“Just about Sh150 million and that is because the Sh56 million I had declared in 2013 has appreciated because of the inflation,” she revealed her wealth,” Karua said.
Both running mates performed well but Gachagua stole the day by making public his investment empire.
READ ALSO: Johnson Sakaja Biography, age, tribe, family, education, career, wife, children, net worth
Rigathi Gachagua net worth value is rising steadily. He may soon enlist alongside the most influential billionaires in the country.
READ ALSO:
- 5 untold facts about Justina Wamae, George Wajackoya running mate
- Prof George Wajackoyah biography, age, tribe, family, education, wife, children, presidential aspirant
- Martha Karua Biography, age, tribe, education, career, husband, children, Raila Odinga running mate
