Family Bank founder Titus Muya and associates pocket $36.6 million paper gain as Kenyan lender surges 44% on NSE debut
Billionaires Africa | 24.06.2026 14:22
Family Bank founder Titus Muya and his circle of associates pocketed a combined paper gain of Sh4.74 billion ($36.6 million) on Tuesday as the Kenyan lender's shares surged 44% on their first day of trading at the Nairobi Securities Exchange, delivering a windfall that validated years of patience before a formal market listing.