Home » Lizzie Wanyoike: High School Teacher Who Quit a Ksh 900 Monthly Salary, Ended Up Becoming a Millionaire Owning Multi-Million Properties

Lizzie Wanyoike: High School Teacher Who Quit a Ksh 900 Monthly Salary, Ended Up Becoming a Millionaire Owning Multi-Million Properties

by Paul Nyongesa
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The journey of the founder of Nairobi Institute of Technology and Business Studies (NIT-BS), the late Lizzie Wanyoike, began gaining momentum in 1999, despite being in the planning stages since 1979.

She had separated from her marriage to the former Gatanga MP, Mr. Mburu Wanyoike, with whom they jointly ran the Temple College of Secretarial Studies.

Lizzie, a professional teacher and secretary, before her demise, said  that she had been employed as a teacher earning a monthly salary of Ksh 900 in 1975 but resigned to enhance the flavor of her marriage immediately after tying the knot with Mr. Wanyoike.

She had worked as a teacher at State House Girls High School, Nairobi.

Upon her separation, she felt the need to establish her own educational institution, and that’s when Nairobi Institute of Business Studies (NIBS) was founded in Nairobi with 25 students whom she acquired from another struggling institution.

“Since I left my marriage with nothing, I sold several plots that I had bought in my name and also took a loan from the bank. God was with me because the business gained favor and thrived quickly,” she said at the time.

Despite facing challenges such as overcrowding and the need for more space, she purchased a 10-acre plot in Kimbo, on the outskirts of Ruiru town, and built the headquarters of the institution.

“In 2015, I was planning to turn it into a university, but I decided to focus on technical courses, and that’s when we changed the name to NIT-BS,” she explained.

Before facing her demise on January 14, 2024, at the age of 73, Lizzie had expanded the business to have 7,038 students in the capital city of Nairobi and in the areas of Ngong’, Ruiru, and Nakuru. She had also launched the Lizzie Wanyoike Preparatory Primary School. Additionally, she had ventured into the hotel business with Emory Hotel in Nairobi.

She mentioned that she had laid a solid foundation for her investments by placing her three children in charge of infrastructure management, operations, and financial units.

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