How do you manage a 1.2 billion house?

#1
My peasant mind just cannot wrap my mind around this. Is the 1.2 billion include the plot? How many staff does such a house need to maintain it? Once the DP goes on to a better place, will his descendants be able to afford maintaining it? If I was to inherit or even be given such a house for free I honestly would not know what do with it.




LEAKED PHOTOS of DP Ruto’s Magnificent Sh1.2 Billion Palatial Home Featuring a Man-made Lake

Deputy President William Ruto is building a grandiose, multi-million-shilling residence at the heart of Eldoret Town. For someone who likes to refer to himself as a ‘hustler’, the upcoming home tells of a hustler who has made it. The palatial residence in Moiben constituency is rumoured to be worth Sh 1.2 Billion. It reportedly sits on a 20-acre piece of land, part of 700 acres bought by the DP in Uasin Gishu County. First photos of the kingly mansion leaked in 2015, a few months after the foundation for the main house, a guest wing, two swimming pools, a library, gym and other lavish facilities had been laid by a Chinese Construction company. New photos have been leaked on social media showing the progress of the construction by blogger Robert Alai. The photos show the mansion, a man-made lake and landscaped sections of the expansive compound. The farm is also reported to have an airstrip and Ruto, who prefers to keep the ongoing construction confidential, always flies in and out of the compound for inspection.

It is guarded by at least eight armed Administration Police officers.

The construction is expected to be complete by July this year.



















 
#7
I think that 1.2 billi price tag is an exaggeration, unless maybe it includes a few hundred or thousand acres of land. Also, at the risk of being called a hater, there's nothing magnificent about that building. It just looks dull. No pizzazz, you know? Maybe when it's done there will be more to marvel at, but for now hakunaaaaa.
 

spear

Village Sponsor
#8
I think that 1.2 billi price tag is an exaggeration, unless maybe it includes a few hundred or thousand acres of land. Also, at the risk of being called a hater, there's nothing magnificent about that building. It just looks dull. No pizzazz, you know? Maybe when it's done there will be more to marvel at, but for now hakunaaaaa.
Lazima gazeti iuzwe so a big headline is fabricated. FYI he was asked about this house on citizen and he answered well. If he had one billion he could build another hotel, build a school and a hospital in his rural home. For now he is just building a home but its being very exaggerated by crooked media for sales.
 

MegaKing

Village Elder
#9
Lazima gazeti iuzwe so a big headline is fabricated. FYI he was asked about this house on citizen and he answered well. If he had one billion he could build another hotel, build a school and a hospital in his rural home. For now he is just building a home but its being very exaggerated by crooked media for sales.
Spinning Doctor in Chief aka Sycophant Numbari Moja
 

Delus

Village Elder
#10
I think that 1.2 billi price tag is an exaggeration, unless maybe it includes a few hundred or thousand acres of land. Also, at the risk of being called a hater, there's nothing magnificent about that building. It just looks dull. No pizzazz, you know? Maybe when it's done there will be more to marvel at, but for now hakunaaaaa.
Kideros house looks even more sophisticated
 

spear

Village Sponsor
#19
Unaota my friend.:eek:
The land is in Muthaiga which currently goes for 40-60 million per acre
Kidero didn't buy that land recently. Give a good architect 100 million and that house will rival even this. The reason why housing on Kenya is expensive is simply due to greed. Buy that land at your quote price of 60 million, build that grand house for 100 million and finally put a price tag of 300-400 million. Get it evaluated for that price tag quoting some market research somewhere. Get that valuation and present it to a bank as collateral. Get another 200 million loan from the bank. Go to Kikuyu and build 200 units of 2 bedroom flats. Sing to the bank every month as the rental income comes to pay the loan easily.
 

Top