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Mastermind Tobacco tycoon dies
2012
#1 Posted : Thursday, June 06, 2019 9:57:16 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,357
Location: Nairobi
Wilfred Murungi, the owner of Mastermind Tobacco has passed on. RIP.

Time for another succession/inheritance battle.

Stand for something or you will fall for anything. Today's mighty oak is yesterday's nut that held its ground. Rosa Parks
murchr
#2 Posted : Thursday, June 06, 2019 10:27:08 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,480
I hope he had a will. Mastermind was in debt
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
FRM2011
#3 Posted : Friday, June 07, 2019 6:02:14 AM
Rank: Elder


Joined: 11/5/2010
Posts: 2,290

This guy was a true enterpreneur/hustler. But something was not going well in the last few years.

Read in the papers the company has been in serious financial trouble to the extent of struggling with staff salaries
2012
#4 Posted : Friday, June 07, 2019 9:34:15 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,357
Location: Nairobi
murchr wrote:
I hope he had a will. Mastermind was in debt


Wills don't work in Kenya. The Kenyan judiciary is a total fail even with the CJ blaming government.
If someone from the woodworks contests this will, it could take over 10 years in court and no resolution eventually. And if politics come in, the case will be bounced from one judge to another for years then the file will be "lost". So, what's the purpose of a will or any document in Kenya???

The best is to transfer the property (title/s, cash etc.) when you are still alive.

Stand for something or you will fall for anything. Today's mighty oak is yesterday's nut that held its ground. Rosa Parks
Angelica _ann
#5 Posted : Friday, June 07, 2019 11:00:16 AM
Rank: Elder


Joined: 12/7/2012
Posts: 10,417
This will be a tough call for MTL. He had too much grip in daily management of the company. Likely to die sooner.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
hardwood
#6 Posted : Wednesday, June 12, 2019 12:51:14 PM
Rank: Elder


Joined: 7/28/2015
Posts: 8,770
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html


Ecclesiastes 9:7 So go ahead. Eat your food with joy, and drink your wine with a happy heart, for God approves of this.
murchr
#7 Posted : Wednesday, June 12, 2019 1:35:39 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,480
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hardwood
#8 Posted : Wednesday, June 12, 2019 2:20:10 PM
Rank: Elder


Joined: 7/28/2015
Posts: 8,770
murchr wrote:
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.
Ecclesiastes 9:7 So go ahead. Eat your food with joy, and drink your wine with a happy heart, for God approves of this.
Angelica _ann
#9 Posted : Wednesday, June 12, 2019 2:56:25 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,417
hardwood wrote:
murchr wrote:
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.


This is the way to go. Private affairs, maneno kwisha. Ama choma and carry the ashes.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Bigchick
#10 Posted : Wednesday, June 12, 2019 3:43:29 PM
Rank: Elder


Joined: 2/8/2013
Posts: 3,600
Location: At Large.
hardwood wrote:
murchr wrote:
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.



This man seems to have died a bitter man.Bitterbwith the world and especially Kenyans and the government.Not sure why Uhuru sent condolences given that it's his government that seemed ro have pushed the man to his death via KRA.

If they did not want people to attend his funeral,they should not even have reported that he is dead.

Yes it's good to respect people's wishes but why have such wishes in the first place.

The community would have loved to say kwaheri as he was part of them.Its part of our way of doing things.Our norms and traditions.

Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
murchr
#11 Posted : Wednesday, June 12, 2019 4:11:07 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,480
Bigchick wrote:
hardwood wrote:
murchr wrote:
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.



This man seems to have died a bitter man.Bitterbwith the world and especially Kenyans and the government.Not sure why Uhuru sent condolences given that it's his government that seemed ro have pushed the man to his death via KRA.

If they did not want people to attend his funeral,they should not even have reported that he is dead.

Yes it's good to respect people's wishes but why have such wishes in the first place.

The community would have loved to say kwaheri as he was part of them.Its part of our way of doing things.Our norms and traditions.



It's nothing to do with bitterness. Even the wife was buried the same way so it seems to be a personal choice. All businesses should pay tax irregardless.

By the way, ile pombe ya Sierra bado iko?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
ZZE123
#12 Posted : Wednesday, June 12, 2019 4:52:49 PM
Rank: Elder


Joined: 6/21/2008
Posts: 2,454
KRA was/is a big pain to Mastermind - they are demanding billions from them..
The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
Euge
#13 Posted : Wednesday, June 12, 2019 6:18:50 PM
Rank: Elder


Joined: 8/4/2008
Posts: 2,836
Location: Rupi
Bigchick wrote:
hardwood wrote:
murchr wrote:
[quote=hardwood]Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.



This man seems to have died a bitter man.Bitterbwith the world and especially Kenyans and the government.Not sure why Uhuru sent condolences given that it's his government that seemed ro have pushed the man to his death via KRA.

If they did not want people to attend his funeral,they should not even have reported that he is dead.

Yes it's good to respect people's wishes but why have such wishes in the first place.

The community would have loved to say kwaheri as he was part of them.Its part of our way of doing things.Our norms and traditions.

[/quot

He had 4 gates to his house. What for?
Lord, thank you!
Euge
#14 Posted : Wednesday, June 12, 2019 6:28:07 PM
Rank: Elder


Joined: 8/4/2008
Posts: 2,836
Location: Rupi
Did he dip his hand in the cookie jar at BAT to start mastermind?
Lord, thank you!
murchr
#15 Posted : Wednesday, June 12, 2019 6:33:15 PM
Rank: Elder


Joined: 2/26/2012
Posts: 14,480
Euge wrote:
Did he dip his hand in the cookie jar at BAT to start mastermind?


No.

He started Mastermind after learning the ropes at BAT infact BAT tried to steal trade secrets from Mastermind, but he was a serial tax offender since Moi days.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
2012
#16 Posted : Wednesday, June 12, 2019 7:27:14 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,357
Location: Nairobi
Bigchick wrote:
hardwood wrote:
murchr wrote:
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.



This man seems to have died a bitter man.Bitterbwith the world and especially Kenyans and the government.Not sure why Uhuru sent condolences given that it's his government that seemed ro have pushed the man to his death via KRA.

If they did not want people to attend his funeral,they should not even have reported that he is dead.

Yes it's good to respect people's wishes but why have such wishes in the first place.

The community would have loved to say kwaheri as he was part of them.Its part of our way of doing things.Our norms and traditions.



I don't know if he was bitter or he just had something against death. Apparently, the man took a helicopter, went collected his wife's remains, flew the body to the burial place, left her body with the 40 selected family members invited to her burial and then flew off when the body was removed from the chopper without attending the funeral!, he did not wait or alight from the chopper. Strange? Hell ya!!

Stand for something or you will fall for anything. Today's mighty oak is yesterday's nut that held its ground. Rosa Parks
Angelica _ann
#17 Posted : Wednesday, June 12, 2019 7:50:48 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,417
We need to start having such simple funerals without so much emotional & financial drain to the family. I support.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Impunity
#18 Posted : Thursday, June 13, 2019 6:04:20 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,008
Location: Masada
2012 wrote:
Bigchick wrote:
hardwood wrote:
murchr wrote:
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.



This man seems to have died a bitter man.Bitterbwith the world and especially Kenyans and the government.Not sure why Uhuru sent condolences given that it's his government that seemed ro have pushed the man to his death via KRA.

If they did not want people to attend his funeral,they should not even have reported that he is dead.

Yes it's good to respect people's wishes but why have such wishes in the first place.

The community would have loved to say kwaheri as he was part of them.Its part of our way of doing things.Our norms and traditions.



I don't know if he was bitter or he just had something against death. Apparently, the man took a helicopter, went collected his wife's remains, flew the body to the burial place, left her body with the 40 selected family members invited to her burial and then flew off when the body was removed from the chopper without attending the funeral!, he did not wait or alight from the chopper. Strange? Hell ya!!



Which year was that? And why such?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

2012
#19 Posted : Thursday, June 13, 2019 7:17:11 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,357
Location: Nairobi
Impunity wrote:
2012 wrote:
Bigchick wrote:
hardwood wrote:
murchr wrote:
hardwood wrote:
Only 8 (eight) people attended his funeral. Sad.


https://www.businessdail...53814-jncokb/index.html




Sad? If that was his wish then good. People need to respect other people's wishes


An individual exists as part of the larger community. When an individual dies it affects the community because it has lost one of its own. Therefore it is the height of absurdity to keep away your neighbours, nephews, nieces, clan members, local headman, chief, pastor, elders, friends, workers etc from your funeral. Can you imagine grandkids being refused to attend their grandpas funeral? You still remain a member of your village and clan even when you become a "reclusive" billionaire. A funeral is not a private affair. When you die the whole village and community grieves and they will only heal when they bury you. So chasing away the villagers is the wrong thing to do. I would like to hear Nchuri Nchekes take on this.



This man seems to have died a bitter man.Bitterbwith the world and especially Kenyans and the government.Not sure why Uhuru sent condolences given that it's his government that seemed ro have pushed the man to his death via KRA.

If they did not want people to attend his funeral,they should not even have reported that he is dead.

Yes it's good to respect people's wishes but why have such wishes in the first place.

The community would have loved to say kwaheri as he was part of them.Its part of our way of doing things.Our norms and traditions.



I don't know if he was bitter or he just had something against death. Apparently, the man took a helicopter, went collected his wife's remains, flew the body to the burial place, left her body with the 40 selected family members invited to her burial and then flew off when the body was removed from the chopper without attending the funeral!, he did not wait or alight from the chopper. Strange? Hell ya!!



Which year was that? And why such?


The wife? 2012.

Stand for something or you will fall for anything. Today's mighty oak is yesterday's nut that held its ground. Rosa Parks
Bigchick
#20 Posted : Thursday, June 13, 2019 8:41:11 AM
Rank: Elder


Joined: 2/8/2013
Posts: 3,600
Location: At Large.
Angelica _ann wrote:
We need to start having such simple funerals without so much emotional & financial drain to the family. I support.



Simple,yes! Just like Muslims.

But not weird.Ati he handed over the body and boarded the same chopper back to Nairobi.

Abit strange
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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