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Full List Of Sportpesa Shareholders: Ronald Karauri Is Not The Biggest

Ronald Karauri
Sportpesa CEO Ronald Karauri. Image: Courtesy
Ronald Karauri
Sportpesa CEO Ronald Karauri. Image: Courtesy

Sportpesa has become an household name in the world of betting in Kenya, Uganda, Tanzania, South Africa and even in the United Kingdom. However, its owners still remain in the background.

Ronald Karauri, the CEO is the commonly known shareholder of the betting firm. He however owns only 6%, ranking number three among the biggest Kenya shareholders and number five generally.

Read: Brand Kenya Honoured Agreement, KRU Mismanaging Rugby In Kenya

Out of the ten known shareholders for Sportpesa, there are five Kenyan shareholders having a cumulative of 48% of the shares. There are three Bulgarians with 26% of the total shares and one American with 21% of shares. One company from England holds 5% of shares.

Here’s the full list of the shareholders:-

  1. Gene Grand (American) -21%
  2. Guerassim Nikolov (Bulgarian) – 21%
  3. Asenath Wacera Maina (Kenyan) – 21%
  4. Paul Wanderi Ndung’u (Kenyan) -17%
  5. Ronald Kamwiko Karauri (Kenyan) – 6%
  6. Cellini Holdings – 5%
  7. Valentina Nikolaeva (Bulgarian) – 3%
  8. Robert Kenn Wanyoike Macharia (Kenyan) – 3%
  9. Ivan Kalpakchiev (Bulgarian) – 2%
  10. Francis Waweru Kiarie (Kenyan) – 1%

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Francis Muli

Written by Francis Muli

Senior reporter at Kahawa Tungu, Muli has a passion for human interest stories. He believes in unearthing societal rots that have been hidden from the public eye. He has also carved himself a niche in writing business stories. He has worked for various organisations including Kenya Television Service, Business Today among others. Follow him on Twitter @FmuliKE.

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