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The Kenya Times
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    Nyota Announces Major Nationwide Changes After Raila'S Death

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Raila Odinga’s Wealth: Multi-Billion Properties Owned by Veteran Politician

by Daisy Moraa
October 15, 2025
Reading Time: 5 mins read
Raila Odinga Owns Vast Property Across The Country

Kenya’s former Prime Minister the Late Raila Odinga. PHOTO/ODM

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Raila Odinga was one of Kenya’s most prominent political leaders from the Luo Community. Raila died on October 15, 2025, in India, where he was undergoing treatment. He was the son of Jaramogi Oginga, Kenya’s first Vice President, who died on October 20, 1994. 

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Raila Odinga’s family owns a substantial portfolio of multi-million-shilling properties across the country and in the region.

He has accumulated considerable wealth from salaries in government positions as well as investments in companies and real estate. 

This article details the real estate properties owned by ODM leader Raila Odinga, from luxurious urban estates in Nairobi and Mombasa to grand mansions in Kisumu and ancestral estates in Siaya.

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His wealth spans luxurious urban residences, coastal estates, western Kenya mansions, family estates, and large-scale real estate developments.

Raila Odinga’s Nairobi Residences

In Nairobi, Odinga owns a mansion in Karen, widely recognized as a venue for political meetings and high-profile gatherings.

The home is secured with a private gated entrance monitored by authorized guards and has a compound patrolled by many police officers.

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Additionally, he has a luxury residence in Runda Estate, known for its exclusivity, privacy, and sophisticated design.

Both properties cater to personal use as well as official engagements and reflect the family’s influence in the capital city.

Coastal and Western Kenya Estates

On the Kenyan coast, Raila Odinga owns a mansion with a distinctively colored white and blue exterior in Nyali, Mombasa, built around 2018.

The estate serves as a family retreat and vacation residence.

In Kisumu County, the Riat Hills mansion is valued at approximately Ksh 1 billion and includes more than 10 bedrooms, conference facilities, jacuzzis, a swimming pool, and a helipad.

The Odinga family also maintains estates in Siaya County, including multiple ancestral properties that serve as family residences and heritage landmarks.

Raila Odinga’s Kisumu Properties

Beyond his city properties, Raila owns a home in his ancestral land in Bondo, Siaya County, known as Opoda Farm. It is also the burial site of his late father, Jaramogi Oginga Odinga.


Also Read: ODM Breaks Silence on Raila Odinga’s Health


Ofafa Memorial Hall is located near Kisumu CBD, on the highway to Mamboleo Estate. On December 23, 2023, Raila stated that he owns the title deed, which is registered under the Luo Council of Elders.

Ofafa Memorial Hall is a unique space reserved for the Luo community, where the Luo Council of Elders convenes political meetings, rituals, and ceremonies.

Raila donated five acres of land to the public for the construction of affordable housing in Kirembe, Kisumu.

This will help locals tackle housing challenges by enabling them to own a house.

He also donated one acre of land near his Riat Hills home for the Otonglo Riat Water Project, helping residents access clean water.

Business Ventures and Real Estate Projects

Beyond residential properties, the Odinga family has invested in several businesses, including:

  • East Africa Spectre Ltd, a Nairobi-based company, specialises in the manufacturing of liquefied petroleum gas (LPG) cylinders. It supplies major oil marketing firms across East Africa and is associated with the family of the late former Prime Minister Raila Odinga.
  • Bee Energy Ltd is a Kenyan-owned oil marketing firm involved in the importation, distribution, and retail of petroleum products such as petrol, diesel, and LPG. The company operates several fuel stations and offers industrial energy solutions within the country.
  • Lennox Development Ltd focuses on real estate investment and property development. It undertakes commercial and residential projects in Nairobi and other major towns, contributing to Kenya’s growing property market.
  • Duma Investments Ltd operates as a private investment company with interests in finance, real estate, and agriculture. It provides capital support and strategic partnerships for enterprises across Kenya and the wider East African region.

These business interests supplement the family’s real estate portfolio and contribute to their economic influence.

A major ongoing real estate development is LV Marina near Kisumu.

This project, valued at approximately Ksh 120 billion, will feature around 1,400 houses, commercial buildings, and waterfront developments.


Also Read: Raila Odinga Dies at 80


Once completed, it will become one of the largest mixed-use developments in the region and a significant addition to the family’s real estate holdings.

Raila’s Net Worth in 2025

According to the latest Forbes report, Raila’s net worth in 2025 is Ksh 10 billion.

His wealth is attributed to various business interests, including a liquefied petroleum gas company (Pan African Petroleum Company), Spectre Ltd, and East African Spectre, which manufactures steel.

The Odinga family has also been involved in initiatives that benefit local communities, including developing land for affordable housing and supporting infrastructure projects in Kisumu and surrounding counties.

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Raila Odinga Multi-Million Shilling Properties And Real Estate
Raila Odinga, the longtime leader of the Orange Democratic Movement (ODM). PHOTO/ODM
Tags: PropertiesRaila

Daisy Moraa

Daisy Moraa is a passionate accredited journalist and she writes on sustainability, environmental matters, and social issues. She has a strong background in storytelling, news reporting, and content creation, with experience spanning mainstream and digital media platforms. Beyond journalism, Daisy actively champions environmental conservation, mental health awareness and sustainable development through mentorship and community engagement. She can be reached at [email protected].

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