Kenya: I Am Worth About Sh1bn, Eliud Owalo Says

2 February 2026
Capital FM (Nairobi)

Nairobi — Former Deputy Chief of Staff in charge of Delivery and Government Efficiency, Eliud Owalo, has said his net worth is about Sh1 billion.

Speaking previously during his vetting for the Cabinet Secretary for Information, Communication & Digital Economy position, Owalo disclosed that his wealth stood at Sh645 million at the time. This indicates that his net worth has grown by about Sh355 million over the past three years.

During the vetting, Owalo listed his assets as a Nairobi home valued at Sh120 million, an upcountry residence worth Sh70 million, four vehicles valued at Sh15 million, and upcountry land estimated at Sh200 million.

Last month, Owalo resigned from his role as Deputy Chief of Staff in President William Ruto's office, citing his intention to run for the presidency in the 2027 General Election.

He said his continued stay in the position had become untenable following his declaration to seek the country's top office.

"Following my declaration earlier today of my intention to run for the Presidency of the Republic of Kenya in the 2027 General Election, my continued service as the Deputy Chief of Staff, Delivery and Government Efficiency has become untenable," Owalo said.

Read the original article on Capital FM.

Tagged:
Copyright © 2026 Capital FM. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.