Popular businessman Khalif Kairo is laughing all the way to the bank, if he is worth what he says he is.
The Kai and Karo Motors Chief Executive Officer revealed in an interview on Radio Maisha that his wealth has reached the enviable Sh 1 billion mark.
“I started selling cars over 9 years ago. My first ever car post was in November 2014,” the business man said.
“You don’t have to start with a yard, you can start as a broker,” he added, before opening up about how he grew his business to be one of the most respected in the country.
“Number one I credit God- because it’s not easy, there are a lot of challenges in business.”
Consistency is another part of the recipe for Kairo’s success- and he notes that marketing on social media on a daily basis is one of the steps he takes to stay at the top of the game.
The 27-year old stays passionate and informed about the field, reading and remaining knowledgeable about cars.
“Nasemanga I don’t know my net worth- you know I’ve never valued my companies. Because I have never called a valuer to value it,” Kairo said when probed.
He added: “No idea honestly, but I’d probably say over one billion.”
Kairo further looked back on parting ways with a business partner in 2022, and how he had to start afresh.
“Working with people at times can be challenging, because you have to accommodate people. Sometimes, as you continue to work with them, it might limit you- and you have to do some things on your own.”
Now that he has cemented his position as a formidable businessman in the car space, Kairo has boldly been venturing into aviation.
Business Today reports: “In August 2023, Kairo unveiled Jetman Global, a company specializing in aircraft leasing, sales and consultancy services, marking a significant milestone in his entrepreneurial journey. The transition from the automotive industry to aviation was not impulsive, he says, but rather anchored in a lifelong passion that dates back to his childhood.”
The report adds: “Beyond personal ambitions, Kairo envisions instilling and fostering an aviation culture in Kenya, aiming to make aircraft ownership and leasing more accessible for group travels and family vacations.”
