Bhimji Depar Shah

Bhimji Depar Shah, is a Kenyan businessman, industrialist and entrepreneur.[1] He is the founder and current chair of BIDCO Group of Companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. He is listed as one of the wealthiest people in Kenya, with an estimated net worth of about US$700 million in November 2014.[2]

Bhimji Depar Shah
Born1931 (age 88–89)
Mombassa, Kenya
NationalityKenyan
OccupationBusinessman, entrepreneur and industrialist
Years active1970–present
OrganizationBidco Group of Companies

History

He was born in Mombasa, Kenya in 1931. He settled in Nyeri, opening up a petrol station in the town. In 1970, he started Bidco Industries Limited, a garments manufacturing business. In 1985, the company switched to soap production.[3] In 1991, Bidco opened up an edible oil manufacturing plant in Thika, and moved its International headquarters into the town, northeast of Nairobi, Kenya's capital. As of November 2014, the industrial conglomerate is a leading manufacturer of soaps, detergents, and baking powder, with annual gross revenue in excess of US$500 million. Bhimji's son Vimal Shah serves as the company's chief executive officer.[4]

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See also

References
  1. Nsehe, Mfonobong. "Wealthy Bhimji Shah Family Of Kenya Builds $200 Million Industrial Park". Forbes.
  2. Business Daily Reporter, . (19 November 2014). "Vimal Replaced on Forbes List of Africa's 50 Richest People". Business Daily Africa (Nairobi). Retrieved 20 November 2014.CS1 maint: numeric names: authors list (link)
  3. NetWorth (4 September 2015). "Bhimji Depar Shah Net Worth". Celebrity Net Worth. Retrieved 5 October 2017.
  4. Forbes, . (November 2014). "Africa's 50 Richest: #33 Bhimji Depar Shah & Family". Forbes Magazine. Retrieved 20 November 2014.CS1 maint: numeric names: authors list (link)
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