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

THE STANDARD 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. KEEP READING 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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