Mutahi Kagwe Net Worth: The incoming cabinet secretary for Health Mutahi Kagwe has revealed that he is worth Sh. 668 million. Mr. Kagwe made the revelation in documents that were table in parliament last week.
Mr. Kagwe now joins the elite club of President Uhuru’s super rich ministers. The richest in the elite club of super rich cabinet secretaries is the Labour minister Simon Chelugui. Mr. Chelugui two years ago revealed that he was worth some Sh. 796 million. Mr. Kagwe will take over from Sicily Kariuki who at time of appointment revealed that she had a wealth of Sh. 168 million.
When current CS for education Professor George Magoha was appointed CS last year, he revealed that he was worth some Sh. 250 million. ICT cabinet secretary Joe Mucheru two years ago reported Sh. 500 million wealth while the fired Mwangi Kiunjuri had declared wealth amounting to Sh.798 million. Current CS for the National Treasury had declared wealth of Sh. 295 million when he was appointed by Uhuru to head the labour docket two years ago.
In the documents tabled in parliament, Kagwe revealed that he owns two companies that made Sh. 5.4 million profit last year. His public relations firm, Tell-Em made Sh. 2.87 million while research agency TNS RMS East Africa generated Sh. 2.625 million last year.
“I am worth what I am worth as a result of my hard work. I started doing feasibility studies in my room at Hall 2 at the University of Nairobi and for over 40 years I must have made some money,” Mr. Kagwe said. Mutahi Kagwe Net Worth.