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Gachagua Net Worth

Gachagua Net Worth

 

Gachagua Net Worth

In this article, we shall unfold the untold story of  Gachagua’s Net worth.  Let’s dive into his biography, educational background, Career, political journey, Net Worth, and sources of income.

Gachagua Biography

Geoffrey Rigathi Gachagua is a Kenyan politician and businessman. He was born and raised in Hiriga, Nyeri County, Kenya. Gachagua is the eighth-born child of Naharshon Gachagua Reriani and Martha Kirigo. He is the younger brother to the Late Nderitu Gachagua the first governor of Nyeri county.

Gachaguas parents were Mau Mau freedom fighters in the Mount Kenya forest where his father Naharshon Reriani serviced guns for the Ma Mau.

Education

Geoffrey Rigathi Gachagua attend Kabiruini Primary School from 1971 to 1977. He later joined Kianyaga High School for his O-High School A-levels.
After his high school education in 1988, he enrolled at the University of Nairobi for a bachelor of arts degree in political science and literature.

During his university life, he was appointed as the president of the Nyeri district University student association and also served as the head of association the of Literary Students at the University of Nairobi.

Gachagua Career

Before joining politics, Rigathi Gachagua built his name in the business world. After his university education in 199,0, he was employed at Kenya’s Ministry of Home Affairs and National Heritage before joining the Administration Policy Institute.

After his training at the Administration police institute between 1991 and 1992 he was later posted at the office of President Daniel Arap Moi as a District Officer Cabet, when he later served as district officer in Kakamega County, Laikipia, and Ng’arua district.

During 1999 and 2000 Gachagua joined the Kenya School of Government where he graduated with an advanced diploma in public administration.

He later worked as a personal assistant to Uhuru Kenyatta between 2001 and 2006. From 2007 to 2017 he ventured into his business.

Gachaguas political career

Rigathi Gachagua is a politician who rose through the landscapes of Kenya by becoming a Member of Parliament of Mathira constituency, Nyeri county.

2019 he sponsored an amendment bill to the Public Procurement Office and Asset Disposal Act.
Between 2017 to 2022 he served in the national assembly. He was nominal the running mate to the United Democratic Alliance presidential candidate. His competitors included Kandara MP Alice Muthoni Wahome, Tharaka-Nithi Senator KIthure Kindiki, National Assembly Speaker Justin Muturi, and Kirinyaga governor Ann Waiguru.

Gachagua has served as the deputy president since 2022. On 28 July 2022, a Kenyan court ordered Rigathi Gachagua to reimburse KSh. 202 million (US$1.7 million), finding that the money was derived from corruption

Gachagua net worth

Estimating Rigathi Gachagua’s net worth the things to be considered are his successful business ventures, political positions, and public profile that have boasted his net worth.
Gachagua net worth is Kes 800 million.

Rigathi Gachagua Sources of Income

Rigathi Gachagua’s assets and investments are not widely disclosed in the socials which assume he holds substantial assets. He holds real estate properties and land that boast his income. The following are some of his owned properties:

  • Asoma enterprises that received Kes 8,452,590.90
  • Rapid medical supplies limited it received Kes 9,482,758
  • Encarter and rapid group the group received Kes 3,037,720.
  • Machine Center Limited received kes 67,315,622.
  • Jenne Enterprises which was awarded a tender worth Kes 79.21 million.
  • Wamunyoro Investment Company which is located in Nyeri County that widely known during the reign of his late brother Nderitu Gachagua who was the first governor of Nyeri.
  • Riang International Group Limited received kes 7,033,595.
  • Encate diagnostic limited medical supplies which reportedly received Kes 123.18 m from multi county government.
  • Skytop agencies received Kes 20.6 million from the national government and 2.05 from the county government.

Other sources of income of Rigathi Gachagua from his late brother, Governor Nderitu Gachagua since he left a percentage of his estate worth more than 200 million to his brother Geoffrey Rigathi, with the rest divided among the other family members.
The properties include:

  • Vipingo Beach Resort is located in Kilifi
  • Mweiga homes are situated in Nyeri County.
  • Olive Garden Hotel is a situation in Nairobi.
  • Queens Gate serviced apartments that are located in Nairobi.

Rigathi Gachagua Age

Geoffrey Rigathi Gachagua was born on 28 February 1965in Hiriga, Nyeri County, Kenya. In February 2024 he turned 59 years.

Rigathi Gachagua’s marriage life

Rigathi Gachagua is married to Dorcas Wanjiku Rigathi who is widely known as a retired banker and a pastor in Mathira.

They met in 1985 at a joint event at the University of Nairobi and got married in 1989. Together they are blessed with two lovely sons namely Kelvin and Keith.

Gachagua Frozen Funds

It’s worth noting that part of Gachagua’s wealth—KSh 200 million—is currently frozen by the government. Gachagua attributed a significant portion of his wealth to business dealings with government ministries during former President Mwai Kibaki’s administration.

He engaged in business with entities such as the Ministry of Lands, Kenya Power, the Ministry of Livestock, and an organization called PATEK. These ventures allowed him to accumulate substantial funds, especially during the thriving economy between 2009 and 2010.

He emphasized that the money he possesses is well-documented, and he made over KSh 200 million during that period. He invested these earnings, and the account has been running for the last eight years without any questions raised.

Conclusion

Rigathi Gachagua companies operate In a wide range of sectors including medical supplies construction and real estate. His net worth remains of a topic interest that is present in both business and politics. Specific details about his career and public engagement suggest that he possesses considerable wealth. His fortune has steadily grown over the years, reflecting his successful political career and business ventures.

FAQS:

1. What are some of Rigathi Gachagua’s notable businesses?

  • Asoma enterprises
  • Rapid medical supplies limited
  • Encarter and rapid group
  • Machine center limited
  • Jenne Enterprises was awarded a tender worth Kes 79.21 million.
  • Wamunyoro investment company
  • Riang International Group Limited
  • Encate diagnostic limited medical supplies
  • Skytop agencies

2. Does Rigathi Gachagua engage in philanthropic activities with his wealth?

Rigathi Gachagua is actively involved in philanthropic activities, supporting various community development projects and initiatives. He has contributed to educational programs, healthcare facilities, and infrastructure development in his community, demonstrating a commitment to giving back and making a positive impact on society

3. What is Rigathi Gachagua’s net worth?

Estimating Rigathi Gachagua’s net worth the things to be considered are his successful business ventures, political positions, and public profile that have boasted his net worth.
Gachagua net worth is Kes 800 million.

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