Manu Chandaria
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Manilal Premchand Chandaria OBE CBS EBS (born 1 March 1929) is a Kenyan businessman of Indian descent who was born in
Nairobi Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper h ...
. He is a senior member of the Comcraft Group of Companies, a billion dollar enterprise that has a presence in over 40 countries, and is on the boards of several prominent East African companies. He has won several awards in East Africa and internationally in recognition of his entrepreneurial endeavours and is also a noted philanthropist. In 2003, Chandaria was awarded the Order of the British Empire (OBE) by Queen Elizabeth II. In December of the same year, he was awarded the Elder of the Burning Spear by former president Mwai Kibaki, one of the highest civilian honours in Kenya. He has been hailed as "one of Kenya's leading industrialists".


Early life

Chandaria's father, an Indian merchant from Saurashtra, Gujarat, moved to Kenya in 1915 to start a provisions shop along Biashara street in Nairobi. He, Chandaria, grew up in the Ngara area of Nairobi in a house that was home to three other families, where he assisted his father in the shop. Chandaria has conceded that while he, "wasn't born with a silver spoon in my mouth, there were at least spoons in the house."


Education

Chandaria attended various schools in Nairobi and
Mombasa Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of the British East Africa, before Nairobi was elevated to capital city status. It now serves as the capital of Mombasa County. The town is ...
in Kenya from where he proceeded to India for his undergraduate studies. He graduated from Jamnagar India University,
Bombay Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-m ...
in 1949 with a Bachelor of Science from whence he proceeded to Oklahoma in the US. He graduated in 1950 with a
bachelor A bachelor is a man who is not and has never been married.Bachelors are, in Pitt & al.'s phrasing, "men who live independently, outside of their parents' home and other institutional settings, who are neither married nor cohabitating". (). Etymo ...
in engineering and continued with his
Master's A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice.
, which he obtained in 1951 from the
University of Oklahoma , mottoeng = "For the benefit of the Citizen and the State" , type = Public research university , established = , academic_affiliations = , endowment = $2.7billion (2021) , pr ...
. It was from here he returned to Kenya to find a prospering family enterprise and thus a platform where he would apply his swift business acumen to wrest a multinational conglomerate from the provisional shop that had once been.


Business

Shortly before Chandaria and his brother's return to Kenya, their family had amassed substantial holdings that made it possible for their entry into the lucrative steel and aluminium industry. Chandaria's future father-in-law had organised a group of ten individuals to acquire saucepan manufacturer Kenya Aluminium, an enterprise that had folded during the depression, from an Indian merchant in 1929, although this group eventually broke up to pursue different ventures some twenty years later. Such were the earnest beginnings of the future $2.5 billion Comcraft Group. With the onset of the 1950s and 60s came the expansion of Comcraft to other countries such as
Ethiopia Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the ...
,
Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...
, Congo,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
,
Zambia Zambia (), officially the Republic of Zambia, is a landlocked country at the crossroads of Central, Southern and East Africa, although it is typically referred to as being in Southern Africa at its most central point. Its neighbours are t ...
and elsewhere with Chandaria being charged with business affairs in
Uganda }), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The sou ...
, and Congo. He is today a senior member of Comcraft Group, Chairman of Bank of India Advisory Committee in Nairobi among others. His personal business interests are extensive and span the vast of the Kenyan economy and as well as 50 other countries. In a recent interview for the Creating Emerging Markets project at the Harvard Business School, he defends the notion that businesses should look at profit as the means, and not the end.


Philanthropy

Chandaria is a committed
Jain Jainism ( ), also known as Jain Dharma, is an Indian religion. Jainism traces its spiritual ideas and history through the succession of twenty-four tirthankaras (supreme preachers of ''Dharma''), with the first in the current time cycle being ...
, and in fulfilment of the principles of Jainism his family set up the Chandaria Foundation to further this belief. As Comcraft operates in more than 11 African countries, the Chandaria family has set up charitable trusts in each country to assist in their philanthropic exploits. As the chairman of the Chandaria Foundation he is at the forefront of the charitable work of the family. He is the benefactor of numerous schools and clinics in Kenya and is or has been with involved with more than 25 organisations. Chandaria cites
John D. Rockefeller John Davison Rockefeller Sr. (July 8, 1839 – May 23, 1937) was an American business magnate and philanthropist. He has been widely considered the wealthiest American of all time and the richest person in modern history. Rockefeller was ...
and
Henry Ford Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist, business magnate, founder of the Ford Motor Company, and chief developer of the assembly line technique of mass production. By creating the first automobile that ...
as the inspiration for his philanthropic streak due to their establishing the Rockefeller Foundation and
Ford Foundation The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death ...
respectively. In 2022, Chandaria was awarded the Carnegie Medal of Philanthropy, in recognition of "innovative philanthropy" and his "contributions to society". That year he and four others were named to receive the prestigious award; (a)
Dolly Parton Dolly Rebecca Parton (born January 19, 1946) is an American singer-songwriter, actress, philanthropist, and businesswoman, known primarily for her work in country music. After achieving success as a songwriter for others, Parton made her album d ...
(b) Lyda Hill (c)
Lynn Schusterman Lynn Schusterman (née Rothschild; born January 21, 1939) is an American billionaire philanthropist. She is the co-founder (with her late husband Charles) and chair of Charles and Lynn Schusterman Family Philanthropies, and founder of several ot ...
and (d)
Stacy Schusterman Stacy Helen Schusterman (born c. 1963) is an American heiress and billionaire businesswoman. The daughter of oil executive Charles Schusterman and his wife, Lynn Schusterman, Schusterman is the founder of deepwater drilling company Samson Energy. ...
. The award ceremony is planned in October 2022 in New York City.


Peace Maker

Chandaria is a member of the Global Leadership Council and the patron and chairman of the Global Peace Foundation in Africa. He has spoken in all Global Peace Festival Conventions since 2010 and played a very crucial role in Kenya's hosting of the Global Peace Convention 2010 which was patronised and officially opened by the 3rd President of the Republic of Kenya Hon. Mwai Kibaki. In 2013, the Global Peace Foundation in Kenya under his chairmanship was nominated for the UN Person of the Year Award for its role in empowering the youth through entrepreneurship and a culture of service. On 7 December 2013, Dr. Chandaria addressed the Global Peace Convention 2013 held at the Shangrilla Hotel in Kuala Lumpur alongside Dr. Hyun Jin Moon who blamed religious fanatics for inter-faith conflicts.


Personal life

Chandaria is married to Aruna with whom he has two children: daughter Priti and son Neal, who works in the family business, and three grandchildren. He lives in the
Muthaiga Muthaiga is an affluent neighbourhood in the city of Nairobi. In 2019, media reports indicated that it was the most affluent and most expensive neighbourhood in the entire country. Location Muthaiga is located approximately , by road, north of ...
neighborhood of Nairobi, Kenya.


See also

*
Indian diaspora in East Africa The Indian diaspora in Southeast Africa consists of approximately 3 million people of Indian origin. Some of this diaspora in Southeast Africa arrived in the 19th century from British India as indentured labourers, many of them to work on the Ke ...
*
List of African millionaires The Richest Africans is an annual ranking of the richest African people, compiled and published by the American business magazine ''Forbes''. The list has been published since 2015. Dangote Group founder Aliko Dangote has topped the 2018 list. ...
* List of wealthiest people in Kenya


References

{{DEFAULTSORT:Chandaria, Manu Living people 1929 births 20th-century Kenyan businesspeople Elders of the Order of the Burning Spear Officers of the Order of the British Empire Kenyan people of Indian descent Kenyan people of Gujarati descent Kenyan Jains Kenyan philanthropists University of Oklahoma alumni Global Leadership Council Kenyan expatriates in the United States Recipients of Pravasi Bharatiya Samman