Kenyan banker James Mwangi gains $8 million in four months on Equity Group stake
Billionaires Africa | 15.06.2026 09:47
Four months ago, Billionaires.Africa valued James Mwangi's stake in Equity Group Holdings at $67.62 million and ranked him fourth on its list of the 20 richest investors on the Nairobi Securities Exchange. That was in February. The share price has moved since then. His 127.8 million shares are now worth $75 million at Equity Group's current NSE price of KES 76 per share and an exchange rate of KES 129.5 to the dollar. He has gained approximately $8 million in paper wealth in four months without buying a single additional share.
