David Ndii: Inside Multi-Million Company Owned By Ruto's Economic Adviser, Palatial Mansion

Posted on 22 Oct 2024
David Ndii: Inside Multi-Million Company Owned By Ruto's Economic Adviser, Palatial Mansion
  • President William Ruto's economic adviser David Ndii lives a flashy life if photos of his properties are anything to go by
  • The renowned economist boasts vast experience in economic research, policy analysis, and corporate strategy
  • He is the chairman of Zimele Asset Management Limited, which provides solutions for savings, investing, and retirement planning

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David Ndii is the chairperson of the President's Council of Economic Advisers.

The renowned economist boasts vast experience in economic research, policy analysis, and corporate strategy.

He has worked with governments, think tanks and corporations, both regionally and internationally.

What does David Ndii own?

Ndii has invested in Zimele Asset Management Limited, which provides solutions for savings, investing, and retirement planning.

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According to its website, Ndii is the chairman of its board of directors.

The company was established in 1998 and provides fund management services. Besides that, it offers investment advisory services to individuals and corporate clients.

As reported by Business Today, Zimele recorded a profit of KSh 5.2 million in the six months to June 2022.

This was an improvement from the KSh 1.39 million registered during a similar period in 2021. The company's assets stand at over KSh 60 million.

David Ndii's house

In September 2018, while responding to an X user, Ndii shared photos of his palatial mansion.

The two-storey house with a great roof features a library and a bar.

He also showed one of the German Shepherds that patrolled his compound to protect himself and his family.

Aden Duale's properties

In other news, Defence Cabinet Secretary (CS) Aden Duale revealed he was worth KSh 851 million.

Ahmed Kadar, a political commentator close to Duale, told TUKO.co.ke that the Defence CS was involved in business before he joined the murky waters of politics.

"Duale is the most hardworking and generous Somali leader in Kenya. He contributes to the well-being of his community and supports the less fortunate in society. He contributes heavily to the development of Madarasas, mosques and other community initiatives," Kadar said.

The CS owns a mansion in Garissa, a camel farm, the Lillac Centre and rental properties.

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David Ndii.

David Ndii.

David Ndii: Inside Multi-Million Company Owned by Ruto's Economic Adviser, Palatial Mansion

David Ndii: Inside Multi-Million Company Owned by Ruto's Economic Adviser, Palatial Mansion

David Ndii: Inside Multi-Million Company Owned by Ruto's Economic Adviser, Palatial Mansion

David Ndii: Inside Multi-Million Company Owned by Ruto's Economic Adviser, Palatial Mansion

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