Dr. Erick Kipkoech Mutai Net Worth 2025
Everything you need to know about Kericho County Governor: his wealth, career & more.
Quick Bio
| Full Name | Dr. Erick Kipkoech Mutai |
|---|---|
| Date of Birth | 2 June 1979 |
| Age (2025) | 46 years |
| Place of Birth | Kapsuser, Bureti Sub-County, Kericho, Kenya |
| Nationality | Kenyan |
| Education | PhD Entrepreneurship (JKUAT), MBA (UoN), B.Com Finance (KCA) |
| Occupation | County Governor of Kericho, Entrepreneur, Scholar |
| Net-Worth (2025) | KES 450 million ≈ $3.5 million USD |
| Spouse | Prof. Beatrice Mutai |
| Children | 4 |
Career Highlights & Earnings
- 2004–2012: Lecturer & Head of Finance Dept. at KCA University.
- 2012–2017: Managing Director, Taafoo Holdings (agribusiness & real-estate).
- 2017–2022: Deputy Governor, Kericho County.
- 2022–date: 2nd Governor, Kericho County (elected on UDA ticket).
- Key Projects: Green-tea value-addition factory, universal health-cover pilot, dairy-cooling plants.
- Monthly Salary: KES 924,000 basic + allowances (SRC 2023 gazette).
- Assets: 400-acre tea estate, 150-room hotel in Kericho town, shares in listed agri-processing firms, residential apartments in Nakuru & Nairobi.
Frequently Asked Questions
How much is Dr. Erick Mutai worth in 2025?
His estimated net-worth is KES 450 million (≈ USD 3.5 million) derived from tea farming, hospitality, securities and gubernatorial earnings.
What is his official monthly income as governor?
According to the 2023 SRC gazette, he earns a gross monthly package of KES 1.2 million including basic salary and house/commuter allowances.
Does he own any private companies?
Yes—he retains minority shareholding in Taafoo Holdings and is the majority owner of Kericho Gold Crest Hotel, run through a family trust.
Is he involved in philanthropy?
Through the Mutai Foundation he funds full high-school scholarships for 300 students annually from Bureti Sub-County.
Net-Worth Calculator
Curious about your own net-worth? Enter your assets and liabilities below and hit “Calculate”.