Bhimji Depar Shah

Founder and Chairman
BIDCO



Description


Bhimji Depar Shah is the Founder and Chairman of BIDCO Group of Companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. He is listed as one of the wealthiest people in Kenya, with an estimated net worth of approximately US$700 million in November 2014

Bhimji Depar Shah was born in India in 1932. He migrated to Kenya, the largest economy in the East African Community, sometime prior to 1970. He settled in Nyeri, opening up a petrol station in the town. In 1970, he started Bidco Industries Limited, a garments manufacturing business. In 1985, the company switched to soap production. In 1991, Bidco opened up an edible oil manufacturing plant in Thika, and moved its International headquarters into the town, northeast of Nairobi, Kenya’s capital. As of November 2014, the industrial conglomerate is a leading manufacturer of soaps, detergents, and baking powder, with annual gross revenue in excess of US$500 million. Bhimji’s son Vimal Shah serves as the company’s Chief Executive Officer.

Shah lacked a college education as he started his career at the tender age of 15. This would have been detrimental to many people’s chances of a successful career. However, Shah made the most of every job opportunity he got, and learned from his various experiences—including owning a petrol station in Nyeri. He has worked in logistics, downstream oil & gas, clothing, retail and wholesale trading, manufacturing and even farming. All these experiences—which add up to over 65 years—have helped shape him into one of the most capable and most ambitious businessmen in the world.

With help from his two sons, Tarun Shah and Vimal Shah, BD has turned Bidco from a simple business into a regional juggernaut. Even today, Shah’s passion for Bidco is still unmatched. He supervises numerous processes within the organization and manages the executive recruitment processes.

Source: BIDCO / Wikipedia

Professional Details


Designation Founder and Chairman
Company BIDCO
Net Worth $700 Million
Country Kenya
Category
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