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Karume's empire
mukiha
#11 Posted : Monday, June 13, 2011 1:51:27 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
@bwenyenye; Karume did NOT make his wealth by selling charcoal, NO!!!

He started by selling charcoal and then moved to other things slowly... 60-odd years later, he is now worth billions.

The fellows you mention who have been selling charcoal since you "were small" have no business being in business! Their failure should not be used as proof that one cannot start with charcoal and become a billionaire. That argument is illogical: it is like saying that no one can pass KCPE simply because no one in your village has ever passed!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
mukiha
#12 Posted : Monday, June 13, 2011 1:54:40 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
@bwenyenye: See this story that I told last year... how a guy started off as a newspaper sub-vendor and now owns a "fleet" of two taxis...
http://www.wazua.co.ke/f...aspx?g=posts&t=8854
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Gordon Gekko
#13 Posted : Monday, June 13, 2011 2:03:32 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Hashindi Mwau who has ksh 50B which Obama is eyeballing.
Obi 1 Kanobi
#14 Posted : Monday, June 13, 2011 2:31:01 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
Gordon Gekko wrote:
Hashindi Mwau who has ksh 50B which Obama is eyeballing.


This was very funny, why would anyone want his wealth. He is certainly not the wealthiest person in the world. I wonder why BO has not tried to take away Bill Gates wealth
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
FundamentAli
#15 Posted : Monday, June 13, 2011 2:49:29 PM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
Gordon Gekko wrote:
Hashindi Mwau who has ksh 50B which Obama is eyeballing.


US$750m in US alone you forgot to add
Eddy
#16 Posted : Monday, June 13, 2011 7:23:42 PM
Rank: Member

Joined: 7/20/2006
Posts: 277
FundamentAli wrote:
Gordon Gekko wrote:
Hashindi Mwau who has ksh 50B which Obama is eyeballing.


US$750m in US alone you forgot to add

Hii 750m niyanani? Njenga au Mwau
Euge
#17 Posted : Monday, June 13, 2011 7:32:47 PM
Rank: Elder

Joined: 8/4/2008
Posts: 2,849
Location: Rupi
mukiha wrote:
@bwenyenye; Karume did NOT make his wealth by selling charcoal, NO!!!

He started by selling charcoal and then moved to other things slowly... 60-odd years later, he is now worth billions.

The fellows you mention who have been selling charcoal since you "were small" have no business being in business! Their failure should not be used as proof that one cannot start with charcoal and become a billionaire. That argument is illogical: it is like saying that no one can pass KCPE simply because no one in your village has ever passed!


Applause Applause Applause Applause
Lord, thank you!
MaichBlack
#18 Posted : Monday, June 13, 2011 7:45:53 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,910
Eddy wrote:
FundamentAli wrote:
Gordon Gekko wrote:
Hashindi Mwau who has ksh 50B which Obama is eyeballing.


US$750m in US alone you forgot to add

Hii 750m niyanani? Njenga au Mwau

Mwau, apparently. It was quoted in article in the Daily Nation but knowing our so called journalist I wouldn't take the figure seriously. I'm not saying that a whole pharmacist can't accumulate such wealth, I'm just saying I HIGHLY doubt any form of research/back ground check went into it. Remember the 'journalists' repeating over and over that Raila's second hand hammer cost 40 million while even a ten year old knows you can go online to confirm how much a hammer would go for?
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Burning Spear
#19 Posted : Monday, June 13, 2011 8:59:10 PM
Rank: Veteran

Joined: 7/22/2008
Posts: 1,139
bwenyenye wrote:
Impunity wrote:
Let the mzee enjoy his wearth, he has not been mentioned anyway in the ongoing purge in Kenya.


I do not believe anyone can make such a fortune selling charcoal as he says otherwise there are some folk I have known to sell charcoal since I was a small boy and what they have to show for it is turning more black as the years go by.


before u put this comment, I used to "hold" you with much respect but now it has "gone " unless u retract!!!
This is part of the reason why hooligans destroyed property in kenya during PEV crisis because some xters used to ask how people owned such properties yet they were not employed and were regarded thieves.
my estate neighbors were such xters yet they were very educated. they always debated how our Landlord put up such an apartment yet he did not wear a tie.
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it". Malcolm X
Lolest!
#20 Posted : Monday, June 13, 2011 9:03:54 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Karume is a good businessman but he is not innocent of irregular deals like the controversial land swap with Mbo-I-Kamiti...but i pity the mzee... His kids ni phombe tuu
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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