Billionaire Naushad Merali, once ranked as Kenya's third richest man, dies

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NATIONAL
Naushad Merali grew up in Nairobi, where he attended Highway Secondary School. Little is known about his subsequent education. [File, Standard]
Businessman Naushad Merali is dead.
Merali, 70, died on Saturday morning, July 3, while undergoing treatment at the Nairobi Hospital.
According to a statement by Shia Ithna Asheri Jamaat Secretariat, the billionaire died at 5am, 
The cause of his death is yet to be communicated.
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Merali's burial is scheduled for today (Saturday, July 3).
Until his demise, Merali chaired Sameer Group, a Kenyan conglomerate active in agriculture, construction, information technology, property and finance.
He was formerly the chairman and largest individual shareholder of Bharti Airtel's operations in Kenya, but in 2014 he sold his shares and stepped down from the company's board.

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