https://biznakenya.com/gordon-ogada/




Ya dunia yetu kweli si chache

He won 230 mill, bought cows, built grand homes in the village for all his realtives a house in the city plus many cars and now has zero cash flows.


Gordon blew his win and nothing much to show for it

To add insult to injury he is still betting and hoping to win again

Jameni KCPE and KCSE should have a separate mini-test on financial literacy.

This is a way of keeping off money hungry relatives and friends.

He isn't broke. Even if he invested 100m only and makes 10% return per annum, he Will have an income of almost 1m per month which is more than enough to live an affluent life in Kenya.

If I won 230M I would spend it as follows:

1. Travel the world - 30m;
2. Give to various Charities - 10m;
3. Ostentation (housing, cars and other luxuries for self, family) - 50m;
4. Liquid Investments - 50m;
5. Illiquid Investments - 90m;

I highly doubt this. Remember he has already built his relatives mansions in the village so clearly if he wanted to do so (keep them off) he would not even bother to give them a coin.

I think Ogada himself is the vague one because he does not want to admit he blew the money and other than his mansion and the parents mansion plus a few cars, no other "investments here and there" exist!
A brand new Range Rover costs well over 10 metre. He probably bought 5 of these types of pieces of metal alone. Then the house in a nice burb in Nairobi could easily eat up 120 metre depending on where. The mansions in shaggz and cows probably "ate" another 20 metre. The rest was blown on "raha" and clothes. So please believe him when he says he has no dime left!