The poor billionaires: Why Njenga Karume's kin live im penury.

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Emmason

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*They can’t pay school fees for their children, can’t afford basic medical care, their houses are being sold while they live in them and their hotel empire has collapsed.
Welcome to the world of the Karumes, scions of a man who built a multibillion-shilling empire.
*With no proper books of accounts by the trustees, it has now emerged in court that Karume’s estate was going to waste – and very fast.
*Mr George Waireri, the trust chairman, attributed the cashflow problem to Karume’s children.
 
Emmason said:
*They can’t pay school fees for their children, can’t afford basic medical care, their houses are being sold while they live in them and their hotel empire has collapsed.
Welcome to the world of the Karumes, scions of a man who built a multibillion-shilling empire.
*With no proper books of accounts by the trustees, it has now emerged in court that Karume’s estate was going to waste – and very fast.
*Mr George Waireri, the trust chairman, attributed the cashflow problem to Karume’s children.
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As you chase the wealth, billionaire incorporate you wives and children
 
When i was growing up Karume was one of the known rich kenyans.

On3 thing I kept hearing was that Karume was blessed with wealth BUT the children were all wanting.
People use to say stuff like "hapo hakuna watoto"
 
Mifereji ya corruption ndio ilikauka. Watu waache kudanganyana. Isnt it ironical that virtually all known wealthy people are politicians or close to politicians? My experience has shown me that wakati mtu ako kwa politics or anywhere where stealing govt money is a hobby, they cover business losses using corruption money or direct govt business their way. Waking'atuka ndio mbivu na mbichi hujulikana. The business is forced to generate cash flows to run which we all know aint easy in our regime.
 
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