In 2024, Lizzie’s Net Worth 2024 was around $5 Million. In this article, we will learn about Lizzie Wanyoike’s Net Worth: A Deep Dive into Her Business Empire, Plots, Shares, and Unveiling the Untold Wealth Secrets.
Liz Wanyoike was a well-known figure in Kenya, recognized for her achievements as a businesswoman, entrepreneur, educator, philanthropist, founder, and CEO of the Nairobi Institute of Business Studies. Unfortunately, she passed away at the age of 73 after a long battle with cancer on January 14th, 2024.
How Much Was Lizzie Wanyoike Net Worth?
Lizzie’s net worth in 2024 Was around $5 Million. Lizzie Wanyoike, previously a tutor and principal at a city college, was recruited by the government in 1972 as a secondary school teacher. She was posted to State House Girls where she taught secretarial courses on a salary of Sh. 961 per month. However, she realized the need for more courses, some of which were completely new in the market. By 1975, Wanyoike decided that she wanted to start a business and watch it grow, as she realized that employment was not her thing. As a result, she founded the Nairobi Institute of Business Studies.
In 2000, Wanyoike used her starting capital of Sh10 million to establish the Nairobi Institute of Business Studies (NIBS) after being ignored and leaving her previous job. Despite struggling for eight months, she persevered, and today, NIBS has over 6,000 enrolled students across four campuses and offers a diverse range of courses.
Her Business Empire and Plots
A woman left her husband’s home with nothing and decided to use her savings to start a college. She aimed to mentor young girls and ensure they have access to education.
Lizzie started her business venture with Ksh10 million after securing a Ksh4 million loan from a local bank. The Nairobi Institute of Business Studies (NIBS) initially struggled for eight months but eventually gained momentum. NIBS now has four campuses, including Ongata Rongai, Thika Town, Nairobi Central Business District, and Ruiru-Kimbo along Thika Highway, where it accommodates over 6,000 students and employs over 250 staff members.
Lizzie Wanyoike is a successful entrepreneur who has made significant contributions in the hospitality and education sectors. She built a four-star hotel in Kileleshwa that is used for business and hospitality training. Additionally, Wanyoike founded the Lizzie Wanyoike Preparatory School which provides a nurturing learning environment for children. The school has a team of dedicated teachers who offer an exciting and constantly evolving curriculum that caters to each child’s individual needs and interests.
Lizzie Wanyoike Shares
A former high school teacher, who invested over Sh. 250 million to expand the Nairobi Institute of Business Studies (NIBS), has also built a hotel in Kileleshwa for business and hospitality training. Mary Wanyoike, the sixth born in her family of ten, escaped early marriage from her Murang’a village where educating girls was considered worthless.
Her empire was bolstered by early investment in land and the stock market. Although her three children, who were previously based abroad, have moved back home to help her run the business, Wanyoike credits her success to knowing every aspect of her business.
Lizzie Wanyoike Wealth
1. Car Collection
People want to know a lot about Lizzie’s car collection, so people are searching a lot about Lizzie’s car collection on the web.
But there is no information available about Lizzie’s car collection on the web and we do not have any information about the Lizzie car collection. We Lizzie update you as soon as we get any information about it.
Lizzie Wanyoike Early Life
Lizzie Wanyoike, who hails from Murang’a County, was born in the 1950s and was the sixth child in a family of ten siblings. Her father was a village chief, and her mother was a housewife who worked as a peasant. According to her account, her family was not financially well off.
She went to Gathuki-in Primary School, located in Wathenge, Muranga County. Later, she moved to Kahuhia Girls High School, located in Karuri, Muranga County, where she earned her High School Diploma. After that, she was admitted to Kenyatta University College, where she obtained a Diploma in Education.
Lizzie Wanyoike Career
In 1972, a woman started working as a secondary school teacher at State House Girls’ School in Nairobi. She earned a monthly salary of KSh 961. However, by 1975, she realized that working for someone else was not her true calling. Along with her husband and other business partners, she established Temple College of Secretarial Studies in Nairobi.
After being rejected by management at Temple, where she served as Principal and instructor, Wanyoike decided to start her institution. She approached Equity Bank Kenya Limited and obtained a loan of KSh4 million, alongside her savings of KSh6 million to establish the Nairobi Institute of Business Studies (NIBS) in 1999. Her vision for NIBS was to expand the course menu and increase student intake, something that had been rejected by the management at her previous workplace.
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