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Tycoons who Own LPG Gas Companies in Kenya

Tycoons who Own LPG Gas Companies in Kenya
CEO and founder of Ola Gas Company Bhavish Aggarwal

Kenya has a number of gas stations all over the country. Most of these stations are owned by companies that have a lot of branches all over the country. While some of these gas stations are owned by organizations, some of them are owned by tycoons, who are mostly foreign. Here is a list of tycoons who own LPG gas companies in Kenya;

1. Gilles Gobin

Gilles Gobin is the man behind Rubis. He named the company ‘Rubis’ which is a French name for a special jewel called a Ruby.  He is a graduate of Essec with a doctorate in Economics. He founded Rubis in 1990. The company has since grown to serve a worldwide market. The company has a net income of about Ksh 19.525 billion, with its total assets being about Ksh 223.52 billion.

2. Bhavish Aggarwal

Bhavish Aggarwal is an Indian entrepreneur, co-founder, and CEO of Ola. The 36-year-old has a net worth of $500 million. In 2018 he was named to be among the hundred most influential people by Times Magazine. The company was started in 2010, has since raised $3.3 billion, and has a value of $5.7 billion.

3. Louis Mogas

In 1973, the company Mogas, was founded by Louis Mogas in Houston, Texas. He is the chairman of the Mogas company. The company has since grown and extended its services to China, Australia, South America, Africa, the Middle East, and Europe.

4. Abdinasir Hassan

Currently, the chairman of Hass Petroleum, Abdinasir Hassan is the co-founder of this private company. Alongside his brother Abdirizak Ali Hassan, they founded the Hass Petroleum company in 1997.  Abdinasir has an estimated net worth of $1.89 million and currently lives in the UAE and London.

The company built its first gas station in Kisumu in 2002. In 2018, the company opened a new service station along Juja road. The CEO of the company in Kenya is Muhamud Salat.

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