Billionaire investor Chris Kirubi has died at his home on Monday afternoon at the age of 80.
Kirubi had been fighting cancer since 2016.
“It is with great sadness that we announce the passing of Dr Christopher J. Kirubi, who passed away today at 1pm at his home after a long battle with cancer fought with fortitude, grace and courage,” announced Capital FM, which he owned, quoting his family.
Kirubi had investments in many publicly traded and private companies, including Centum where he was the single-largest shareholder, International House and agrochemical firm Bayer East Africa.
A prolific businessman and industrialist, Kirubi held leadership positions in at least 10 companies and organisations.
President Uhuru Kenyatta eulogised him as an approachable and accessible corporate leader who loved people and interacted with all Kenyans.
“I have received the shocking news of the passing away of my friend Chris Kirubi with a lot of sadness. The cruel hand of death has robbed our nation of a patriot whose entrepreneurial spirit, hard work and determination saw him create some of our country’s largest enterprises which offer employment to thousands of our people,” the President mourned.
“Chris was one of the most accessible corporate leaders Kenya has ever produced. He interacted with everybody and would show up in places where he was least expected. He interacted with Kenyans, especially the youth, on his radio shows, public appearances and writings, through which he shared his experiences in business and life,” Mr Kenyatta recalled.
His diverse business interests ranged from broadcasting, Capital Media Group to manufacturing, Haco Tiger Brands.
He has once said that property was the foundation of his business empire and International House in Nairobi’s Central Business District is one of his most iconic investments.
Through Centum Investments, he owned East Africa’s most ambitious property developments including Two Rivers in Gigiri and the Pearl Marina Project in Uganda.
He leaves behind two children, Robert Kirubi and Mary-Ann Musangi.
Centum said details of his funeral would be announced later.