Bhimji Depar Shah
Net Worth: $700 Million – Bhimji Depar Shah is a Kenyan businessman, industrialist and entrepreneur. He is the founder and current Chairman of Bidco Group of Companies, a Kenya-based, family-owned manufacturing conglomerate.
Bhimji Depar Shah is a Kenyan businessman, industrialist and entrepreneur. He is the founder and current Chairman of Bidco Group of Companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. Bidco Industries Limited started in 1970 as a garments manufacturing business. In 1985, the company ventured into soap production, and in 1991, it launched an edible oil manufacturing plant in Thika, an industrial town northeast of Nairobi. Today, Bidco is one of the largest manufacturers of edible oils in Kenya. The company also manufactures detergents, beauty soaps, baking powders, etc. The annual revenue of the company is more than $500 million and Mr Shah is listed as one of the wealthiest people in Kenya, with an estimated net worth of approximately $700 million.