A trained economist and strategic thinker, Ndegwa passed away on January 7, 1996.
Nearly three decades later, the family he left behind continues to stand among the wealthiest in the country, with their fortune estimated at over Ksh244 billion.
Ndegwa’s wealth did not come by chance. He built his empire through smart investments in banking, insurance, agriculture, and real estate.
His leadership style focused on long-term stability rather than short-term gains. This approach allowed him to create strong foundations that could be sustained even after his passing.
One of the best-known companies linked to the Ndegwa family is NIC Bank, which later merged with CBA Group to form the present-day NCBA Bank.
Beyond banking, the family also controls shares in major companies across different industries, from finance to manufacturing and hospitality.
Their ability to spread investments across sectors has kept their portfolio strong and profitable.
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