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PRESENTING: Kenya’s Richest Female Celebrity(And no, it’s not Size 8)

So reports have been flying around that Size 8 is now the highest paid celebrity in Kenya. This stems from the numerous contracts she was awarded by various large corporate entities last year, from Safaricom to Royal Media Services.

 Well, I’m now here to correct that misconception. The richest female celebrity in Kenya is not Size 8, but Muthoni the Drummer Queen. She gets there by virtue of her Blankets and Wine business. Let’s crunch the numbers, shall we?

So according to various reports, the January Blankets and Wine event brought together 6,000 upper classmen of Nairobi. Advance tickets were 1,300 KShs., while at the gate, you’d pay 2,000 to enter. Average that:

(1,300 + 2,000)/2 = 1650 KShs.

 

Then, to get a rough estimate of Blankets’ gate revenue, lets multiply the average ticket price by the total number of attendants:

 

1,650 X 6000 = 9.9 million Kenya Shillings

 

That’s one month alone. Of gate fees only. But Blankets doesn’t just make money from gate tickets. It’s a platform business, and the Leisure Grounds are the platform. Everyone, except the performing artists, must pay to get on the platform. That means that, apart from the revellers, they also charge the tents and sponsors to attend the event. Assuming tent and sponsor fees as 50% of revenue, we can estimate Blankets and Wine to make approximately

 

15 Million Shillings Per Month

 

There is absolutely NO OTHER female celeb with a cashflow source like that in Kenya.

About this writer:

Baba Ghafla