Business

Bernard Odote Reveals KSh 3.6M Salary at 26 as Youngest Billionaire

Benard Odote, Kenya’s youngest self-made dollar billionaire, has left aspiring entrepreneurs in stitches with his forthright admission about earning over KSh 3.6 million per month at just 26 years old. He attributes his meteoric rise to a never-ending quest for excellence in the cutthroat world of supply chain and procurement when he describes his earnings.

During a virtual fireside chat that was sponsored by the Kenya Private Sector Alliance on Monday, the CEO of The Odote Group, who is 47 years old, delivered the eye-opening incident. He did so to remind young professionals that top firms do not hesitate to recognise exceptional performance.

Born on March 15, 1978, in a modest farming village in western Kenya to parents Joseph and Mary Odote, Benard grew up as the second of three children in a household where hard work was the family creed. His brother Samuel now runs an auto repair shop, while sister Esther teaches at a local school.

Those early days trading maize and beans along dusty rural roads in 2000 laid the groundwork for what would become a billion-dollar empire. By his mid-20s, Odote had successfully navigated his way into corporate roles at multinational firms, where his exceptional efficiency attracted the attention of results-driven executives.

“At 26 years, I was being paid over 3.6 million shillings per month. I was excellent at my job, and companies worship excellence,” Odote stated matter-of-factly, his words rippling across LinkedIn and X within minutes of the session ending. Part of a broader discussion on youth empowerment, Odote’s disclosure resonated deeply in a country where the average graduate salary hovers around KSh 50,000. Social media erupted with threads from fresh university alumni dissecting how Odote’s path from village trader to Forbes-listed tycoon could inspire their breakthroughs.

Odote’s professional ascent accelerated after earning a diploma in business management from a Nairobi technical college in 1999, followed by a bachelor’s in economics and mathematics from Kenyatta University in 2008. A master’s certification in procurement and supply chain management from the Chartered Institute of Procurement & Supply in 2010 cemented his expertise.

He founded House of Procurement (HOP) in 2005, a firm that revolutionised global sourcing for East African manufacturers by streamlining imports of everything from electronics to raw materials. Today, HOP alone employs over 500 people and handles deals worth billions annually.

Odote’s portfolio, which is managed by The Odote Group (TOG), is organised in a way that resembles a roadmap for the development of diverse African innovations. Through its ability to link smallholder farmers to markets and loans, CropSoko Technologies has enabled more than 200,000 producers since its start in 2018.

Smart metering and engineering services for renewable energy projects are areas in which PowerCom Pawa excels, matching with Kenya’s efforts to become more environmentally conscious. Meridian Acceptances provides targeted finance for SMEs, whereas HOP Auto distributes luxury car components to the logistics industry.

He is the only person from Kenya to make it into Forbes’ list of the Top 25 African Billionaires, and his business endeavours have not only resulted in the creation of thousands of jobs in areas that were previously neglected, but they have also increased his net worth to an estimated $1.1 billion.

The Benard Odote KSh 3.6M monthly salary at 26 storeys resonates especially amid Kenya’s youth unemployment crisis, where over 1.2 million graduates enter the job market yearly. Economists like Dr Linda Onyango from the University of Nairobi praise it as a timely nudge toward skill-building. “Odote’s message flips the narrative: excellence isn’t optional; it’s the currency for high-stakes rewards,” she noted in a post-event analysis.

Odote, ever the visionary, ended the session with his motto: “Gradatim Ad Magnitudinem Africa” – Step by Step to Africa’s Greatness. He announced plans to expand CropSoko into Uganda and Tanzania next year, alongside a youth internship programme at TOG targeting 1,000 spots. Selected for the Presidential Precinct’s 2025 Corporate Leaders Program, he continues to shun the spotlight, preferring boardrooms to billboards.

As Kenya grapples with economic headwinds, Benard Odote’s blueprint offers a beacon: excellence pays, often in seven figures. For the next generation eyeing corner offices or startup glory, his words serve as both motivation and mandate – deliver unmatched value, and the rewards will follow. With TOG’s latest quarterly report showing 25 per cent growth, Odote proves the formula works, one exceptional deal at a time.

Leave Comment