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Daniel Moi Net Worth 2018 And Biography

Daniel Moi Net Worth 2018 And Biography

Daniel Arap Moi, who serves as the second president of his country Kenya from 1978 to 2002. He was born on September 2, 1924, into a farming family of the Kalenjin tribe in the Baringo district of the Rift Valley Province of western Kenya.

  • Full Name: Daniel Arap Moi
  • Daniel Moi Net Worth 2018: $200 Million plus
  • Date Of Birth: 2nd September 1924
  • Marriage Status: Married To Lena Moi
  • Country Of Origin: Kenya
Daniel Moi Net Worth Biography

Bio

Daniel Moi Net Worth 2018 And Biography

Biography

  • His birth and background

From Moi early age, His father died when he was young. His mother struggled to raise the family, despite the high range of their poverty. Moi’s uncle acting to be his father, Senior Chief Kiplabet, arranged for Moi to attend missionary school where he took the name Daniel when he was baptized at the Karbatonjo missionary school. Moi started menial jobs at the mission schools, whenever they are on vacation he herded cattle.

However, he sat for the London Matriculation Examination in which he passed and also obtain a certificate in public accounting from London through a correspondence course.

  • His Career

He started his career as a teacher and was promoted to be the head teacher, and following a series of promotions, became the headmaster of the Government African School.

  • His Political Career

In 1955, he was introduced to politics, in which he was selected to be an African representative to the British colonial Legislative Council.

Moi and seven other African representatives to the British colonial legislative council formed a lobby group, the African Elected Members’ Organisation. The members of the parliamentary pressure group included nationalists: Tom Mboyo, Oginga Odinga, and Musinde Muliro.

In 1960, as part of the members of Legco, Moi and his colleagues participated in the constitutional matters that was held in London in preparation for Kenya’s independence from Britain. He became the chairman of the political party (KADU) that was formed after the departure of Moi and other minority tribal groups from the Kenya Africa National Union because, it appointed the interests of the majority tribes between the duo “Luo and the Kikuyu”, and formed a multi-tribal coalition, the Kenyan African Democratic Union (KADU) as an alternative to KANU.

He was not only the chairman of KADU, Moi was also appointed as the parliamentary secretary in the ministry of education in 1961. While in this position he represented Kenya in Addis Ababa, Ethiopia at the UNESCO Conference and he traveled to India. In the pre-independence coalition government. Moi was appointed as the minister for education and later minister for local government.

In 1964, pre-independence national elections were conducted, KADU failed to present enough candidates to challenge KANU, now headed by nationalist leader Jomo Kenyatta. Due to this reason, Kenyatta was elected and he became the president of the new republic in 1964, and Moi lost his ministerial portfolio. To bring the opposition into his government Kenyatta appointed Moi as the minister of home affairs after KADU dissolved itself in November of 1964.

After the death of Kenyatta in August 1978, Moi became the president of Kenya with the consent of KANU. Moi stressed continuation of

As president, Moi travels around the country to rural areas, which he visited every tribal group. Moi started by introducing free milk programs for students, released all political detainees, and abolished land-buying companies that had been gouging small landholders.

More also, Moi began rewarding loyalty and, as a consequence, the government became enormously corrupt. The profit returns on the major government projects jumped from between 5 and 10 percent under Kenyatta to between 10 and 25 percent under Moi.

Official corruption and abuse of powers set in, plus a deteriorating economy which exploded in a 1982 coup attempt by Kenya air force officers, most of them Luos, dissatisfied with their people being excluded from power and access to the national treasury. The army remained loyal to Moi and put down the coup.

Furthermore, corruption became widespread in the country after the failure of the coup.

In July 1991. A human rights organization in New York and London was against Moi government which led him to a legalized opposition party.

However, The international lending agencies suspended the payment of $350 million which was for the aid of the Kenyan government. This eventually leads the economy in poor state.

Morealso, tourism also declined, together with the low export commodity prices which make Moi and the ruling party succumb to the pressure. He ordered the Parliament to review Kenya’s constitution to allow the establishment of political parties other than KANU.

The first multiparty elections in Kenya in 26 years was conducted on 29th of December, 1992. The incumbent Moi was elected as the president by a minority of voters. The elections returned President Moi to the presidential seat and KANU continued as the ruling party.

December 1995, another election was conducted in which the new multi-party Parliament was elected under Richard Leakey. Another election looming in 1997, Kenya’s opposition parties continue to be crippled due to the internal crises in the party, they are unable to unite and support a single candidate and also failed to agree on an agenda which will be tangible enough to challenge Moi. Not only that, crises against the opponents of President Moi and against the press has increased rapidly to pre-1988 levels. Opposition leader Leakey has traveled to South Africa, London, and the US in search of international support, while Moi remains unwilling to implement constitutional reform.

In 2002, Moi was constitutionally barred from running a presidential election. Many of his supporters were trying possible means to amend the constitution for him to run the third time. But Moi preferred to retired and he handed over to Kenyatta first son named Uhuru.

The election was conducted and Mwai Kibaki was elected as the President by a two to one majority over Kenyatta. This was confirmed on 29 December 2002.

In 2007, Moi was also appointed as special peace envoy to Sudan under the administration of Kibaki.

  • His Personal life

Moi has eight children in which five of them are boys and three are girls.

In 2017, Moi was diagnosed of having a severe dementia.

Daniel Moi Net Worth 2018

As Moi is a retired president of Kenya, he has a net worth of over $200 million and his entire family net worth is more than $1 billion. Moi and his entire family (Gideon and Philip Moi) invested in Agriculture, Education, Engineering, Security group, banks, insurance company e.t.c.

That’s all about Daniel Moi Net Worth 2018 And Biography.

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Updated: April 17, 2018 — 3:08 pm

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