Home biography Kenyan billionare Daughter who rejected his father’s inheritance

Kenyan billionare Daughter who rejected his father’s inheritance

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Nicholas biwott daughter

Ugly court battles often characterise the inheritance process for Kenya’s prominent families.

Nicholas biwott daughter

It was therefore a surprise to many observers after the daughter of former Cabinet Minister Nicholas Biwott rejected inheritance to her father’s multibillion estate.

Rita Field-Marsham was among seven children who were given one-fourteenth of Biwott’s share in a will the late politician wrote on January 19, 2017, six months before he died.

“I am named as a beneficiary of a share of the deceased’s estate. I wish to disclaim all my right, title and interest to the share in the deceased’s estate,” she stated

Rita is a Canada-based lawyer who has dedicated her life to charity.

She is also married to a wealthy Canadian entrepreneur Charles Field-Marsham whom she met when the two attended McGill University.

Rita and Charles own Kestrel Capital, which in 2015 was named the leading stock brokerage firm at the Nairobi Securities Exchange by trading in stock worth Sh47 billion in nine months.

The couple also owns the Kenya Flourspar Company and its 9,000-acre mine in Kerio Valley – estimated to be worth Sh4.5 billion worth.

Biwott’s daughter has sought to establish an independent streak from her father’s name such as was the case in 1995 when the Kenya School of Law and the Council for Legal Education refused to admit her for a diploma course.

At the time, her father’s word was law but rather than seek his intervention, she moved to court and won the case.

During his controversial reign in public service, Biwott was feared and hated in equal measure. He was linked to various corruption scandals and several murder cases.

In 2009, she founded Knowledge Empowering Youth (KEY), a charitable program that provides turn-key libraries in Africa.

Rita is also co-founder and CEO of the Rita & Charles Field-Marsham Foundation which uses education to empower the less fortunate.

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