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#18 Vimal Shah & family Previous Next Vimal Shah & family Net Worth $1.6 Billion As of November 2013 Follow (4) Age 54 Source Of Wealth edible oils Citizenship Kenya Vimal Shah, an Asian-Kenyan businessman, is the CEO of Bidco Oil Refineries, the largest manufacturer of edible oils in East and Central Africa, and manufactures detergents, soaps, baking powder and canola, as well as other edible oils. Bidco has a 49% share of the edible oils market in Kenya. In 1985, Vimal Shah, his father and younger brother started manufacturing soaps and in 2002, they acquired a significant portion of Unilever's edible oil businesses. The three family members share ownership of the fortune. Bidco grosses over $500 million in annual revenues and its products are manufactured, sold and distributed in 14 countries across Africa. He is also one of the leading investors in Tatu City, a new $3 billion ultra-modern satellite city to be set up on the outskirts of Nairobi. Shah chairs the East African Business Council.