He has built a massive empire spanning sectors including hospitality, real estate, agriculture and insurance. He has also previously disclosed assets including stocks in various Nairobi Securities Exchange (NSE)-listed firms and land parcels.
Ruto received 50.49% of the vote, a total of 7,176,141 votes, defeating Azimio la Umoja Candidate Raila Amolo Odinga - a former Prime Minister and veteran opposition leader who was making his fifth stab at the Presidency. Odinga received 6,942,930 votes representing 48.5% of the vote.
A new crop of business leaders and executives are set to occupy various elective seats across Kenya following the conclusion of the 2022 General Elections in Kenya. Business owners and executives among other professional figures were among candidates for seats in the Senate and National Assembly as well as Gubernatorial positions.
They were on course to call the election based on provisional results yesterday. As a matter of fact, Citizen TV announced on air that it expected to conclude the process by the evening of August 11. However, tallying across Kenyan media houses has appeared to slow down heading into August 12 - raising various questions with the leading candidates William Ruto and Raila Odinga locked in an extremely close race.
Despite not being a lawyer, he has moved to the courts to secure some of the biggest public-interest rulings in Kenyan history, taking on government agencies, ministries and powerful officials alike.
Raila Odinga and William Ruto have been trading the lead in the RMS count in what is shaping up to be an extremely tight race. In a live mid-morning broadcast on Thursday, August 11, RMS disclosed when it expected to be done tallying the provisional results currently available.
As CEO of SportPesa, he steered the pioneering sports betting firm to become the biggest in the sector in Kenya. The company made a net profit of Ksh12.9 billion for its shareholders in its first five years of operation when the brand was owned by Pevans East Africa.
Other leaders who have conceded defeat on Wednesday, August 10 include Kipipiri MP, former Finance Cabinet Secretary Amos Kimunya.
University of Birmingham Professor of Democracy Nic Cheeseman projected that turnout would be lower than 2013 and 2017 based on his observation of the ongoing polls. He noted that the turnout could be low not just in Mt. Kenya where Ruto enjoys support but also some Raila Odinga strongholds including Kisumu.