Benard Odote: Kenya’s Most Mysterious Billionaire Revealed
Kenya has thousands of millionaires and a few billionaires, and while some like publicity, others shun the limelight. Benard Odote is among the silent Kenyan billionaires who control multi-million shilling businesses behind the scenes.
Odote is the proprietor of The Odote Group of Companies, which has several companies under its umbrella.
Who is Benard Odote?
On his website, Odote describes himself as a visionary entrepreneur who is driving transformation across industries.
“With unwavering focus and relentless drive, I will break barriers, shatter limits and rise to unimaginable heights,” he states.
The silent billionaire, unknown to many Kenyans, controls a huge empire through The Odote Group (TOG), a conglomerate that encompasses procurement, agri-tech, energy, finance, automotive, logistics, healthcare, and retail.
“The Odote Group is the embodiment of an extensive network of linked businesses, all of which are crucial to the transformation of specialized financial services and global supply chain management. The House of Procurement (HOP) is a key component of this empire and plays a pivotal role in international logistics, distribution, and procurement,” it stated.
According to Who Owns Kenya, his net worth is estimated at $1 billion (KSh 129 billion).
Companies Owned by Benard Odote
1. Homeboyz Entertainment
Odote is a director at Homeboyz Entertainment PLC, a well-known name in communication, marketing, PR, and entertainment. Founded in 1995 as a DJ agency, it has grown into a full-service event management company.
2. House of Procurement (HOP)
HOP operates in global procurement, spare parts distribution, renewable energy, agri-distribution, and financial services. It includes Meridian Acceptances Limited, CropSoko Technologies, and PAWACOM.
3. WH Global Disposal Partners
This company handles the disposal of assets like machinery, scrap, and real estate. It serves over 150,000 clients across Africa and the Gulf, including governments and banks.
4. ESG Impact Exchange (EIX)
EIX connects global investors and leaders with Africa’s opportunities, promoting impact-driven investments.
5. Get Deals Kenya
An e-commerce platform that connects businesses and consumers, Get Deals links schools with parents, banks with clients, and more.
6. Waste Wealth
Based at the Port of Mombasa, this scrap metal and recycling firm imports 35,000–55,000 tonnes of scrap monthly and deals in plastics, e-waste, and more.
7. Meridian Acceptances Limited
Offers financial services such as invoice discounting, logbook loans, trade and asset finance, emergency loans, and school fee financing.
8. CropSoko Technologies Limited
An agri-tech platform helping farmers manage planting, harvesting, inventory, and connects them with buyers.
9. PAWACOM
Specializes in smart tech, backup power, renewable energy, and utility metering for gas, water, and electricity.
10. SokoPanda
A logistics and procurement platform helping small businesses in Kenya import goods from China and Southeast Asia.
Other Little-Known Billionaires in Kenya
Other discreet billionaires include David Lang’at, Adil Popat, Pius Ngugi, and Paul Ndung’u. Though they avoid the spotlight, these individuals command massive wealth in various industries.
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Benard Odote: Kenya’s Most Mysterious Billionaire Revealed