At a point in life, most people might have wondered what kind of sports do the extremely rich Kenyans engage in to entertain themselves.
However, that question has been answered by a 2022 report released by Henley & Partners Holdings titled “The Centi-Millionaire Report: The Emergence of a New Class of Super-Rich".
According to the report, centi-millionaires take part in sporting activities that are entirely different from the general population.
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"Based on the findings of New World Wealth’s in-house high-net-worth individuals database, the 10 most popular pursuits of centi-millionaires globally in 2022 include: Golf, Cycling and mountain biking, skiing, horse riding, Fishing as well as Yachting and sailing," read part of the report.
The report further added that fly-fishing is increasingly becoming popular particularly within the last 10 years.
Centi-millionaires refers to a class of people in society who have over $ 100 million (Approximately Ksh 12 billion) in investable assets.
It was recently disclosed that there are less than 15 centi-millionaires in Kenya, precisely the capital Nairobi.
“According to the 2022 New World Wealth report, Kenya’s capital has eleven (11) centi-millionaires- individuals worth over Sh12 billion ($100 million).
“There are also 240 people worth over Sh1.2 billion ($10 million), who are classified as multi-millionaires in the report,” The Standard reported.
It is very difficult to find persons in the community who hail from the lower and middle classes engaging in sports such as golf and horse riding.
Caring for a horse alone can cause an individual thousands of shillings while buying golf equipment is not a walk in the park.
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