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Millionaire who once owned 3 cars, mansion becomes broke, turns street hawker



Millionaire who once owned 3 cars, mansion becomes broke, turns street hawker
  • Richard Kioko Kiundi knows wealth like the palm of his hand, but he now leads a life that is a complete contrast
  • Straight out of campus, the man known as The Duke of Emali quickly rose through the corporate ladder to amass a fortune until everything came crashing down in shambles
  • Among the things the man owned were three expensive cars and a mansion before his experienced a downturn

Richard Kioko Kiundi, popularly known as “The Duke of Emali”, rose from a young man fresh from university to a high-flying accountant.

KiokoKioko says he is yet to finish paying off some of his debts, but he is in a better place. Photos: Afrimax.Source: UGC

With money rolling in, the man from Makueni County led a lavish lifestyle that took him beyond the borders.

Got well-paying job at Toyota Kenya

In an interview with Afrimax English, Kioko disclosed that life started in the civil service, where he served the country in different roles before landing a job that changed his life.

It all began when the career accountant was having a beer and bumped into a gentleman who offered him four times the salary he had been earning.

“I was earning about KSh 4,500 then, so I quoted KSh 18,000, and the man told me to report to the Toyota Kenya office at the Nyayo Stadium roundabout,” he recalled.

Kioko quickly rose through the ranks at Toyota and was soon promoted to Operations Manager before resigning to join Kenya Pipeline.

Owned lavish house, 3 cars

He was earning enough money to afford a magnificent house, own three cars, and take his four children to prestigious schools.

However, everything he had built started crumbling in 2013 when he was informed that he had a mild stroke and was admitted to HDU.

Kioko was treated and discharged; however, a few months later, he was diagnosed with a cancerous tumour in his stomach.

“I was told I was the luckiest person on earth because stomach cancer is not easy to detect until it is too late,” he continued.

It happened that he had resigned to start a company he was forced to sell.

With no income and the treatment gobbling all his money, Kioko soon fell behind on his financial obligations.

“I got into debt, which I could not pay, and they kept on growing, which caused me more stress,” he said.

Through the Wilderness of Life

Having gone through a difficult period and gotten back to health, he wrote a book titled Through the Wilderness of Life, which details the life lessons he had picked.

Photos in the book show the different countries Kioko visited during his heyday and the prominent personalities he interacted with.

Kioko maintains that he may not be as wealthy as before, but he has found fulfilment in selling books on the streets of Kenya.

Man returned from abroad broke

Meanwhile, THETALK.NG earlier reported that a Nigerian man in his mid-50s who spent more than a decade abroad returned to the country broke after people drained his savings.

In a TikTok clip, the man, who has lived in places like the United Arab Emirates (UAE), Lebanon and some Asian countries, said he was making about N3m monthly working abroad.


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