Nixon Kitimoi
Nixon Kitimoi (born 21 August 1996), is a Ugandan - Kenyan Investment Manager and Investor.
Kitimoi serves as the Chief Investment Officer of 1Stock Limited, General Partner of 1Stock, LLC, Partner of Network VC and Director of Pal and Lisa; an organisation with interests in education, professional services, land banking, agriculture and real estate. He is also one of the shareholders of Vule Airways[1].
He is reported to have a net worth of over $100 million as of 2023.
Family and religion
Kitimoi is the son of Fixon Okonye Akonya (PhD), the first Internal Auditor General in the Ugandan Ministry of Finance, Planning and Economic Development[2] and Chief of the Ikinomu Clan in Teso, and Mariam Kizza Okonye (PhD), a Principal Accountant in the Government of Uganda.
Kitimoi is a Christian.
Early life and education
Kitimoi was born in 1996 in the Central Region of Uganda. He attended Hillside Primary School and Kampala Parents' School for his primary education before joining King's College Budo and later Vienna College Namugongo for his high school education, excelling in his studies together with the start of a semi - professional rugby career with the Toyota Buffaloes rugby club in Uganda, coupled with representing Uganda in the Under-19 Rugby Afrique tournament in Zimbabwe. He then went on to attain the ACCA qualification and other courses and professional certifications from various prestigious international universities and institutions.
Investment Portfolio
As of March 2023, Kitimoi has a diverse investment portfolio owing to syndicated investment funds and special purpose vehicles. These investments include but are not limited to;
• Patreon (valued at $4 billion[3])
• Chipper Cash (valued at $2 billion[4])
• Privé Technologies[5] (valued at $243 million)
• Pal and Lisa Schools
• Pal and Lisa Club
• 1Stock Residences[6]
• Vule Airways
Furthermore, Kitimoi works closely with DelMorgan & Co., a US based investment bank that provides financial services to governments and institutions around the world.[7][8]
Awards
Kitimoi was one of the nominees of the 2022 Ugandan CFO Awards organised by the ACCA, under the Young CFO Award category[9]. He has also been nominated for the Global Hedge Fund Awards by Eurekahedge in 2019 and the Global Startup Awards in 2023 and 2021.
In addition, Kitimoi was one of the winners of the Design an Advert competition for BATA in 2006[10].- ↑ "Vule Airways" (in en), Wikipedia, 2023-06-18, https://en.wikipedia.org/w/index.php?title=Vule_Airways&oldid=1160754410, retrieved 2023-06-20
- ↑ "Fixon Akonya appointed Internal Auditor General" (in en). 2020-09-14. https://www.monitor.co.ug/uganda/news/national/-fixon-akonya-appointed-internal-auditor-general-1848134.
- ↑ Armental, Maria (2021-04-07). "WSJ News Exclusive | Patreon’s Valuation Triples to $4 Billion as Platform Draws Creators, Fans" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/patreons-valuation-triples-to-4-billion-as-creators-and-fans-flock-to-platform-11617762374.
- ↑ Kene-Okafor, Tage (2021-11-02). "Chipper Cash gets $2B valuation with $150M extension round led by FTX" (in en-US). https://techcrunch.com/2021/11/01/chipper-cash-gets-2b-valuation-with-150m-extension-round-led-by-ftx/.
- ↑ (in en) Privé Technologies on Wealth Management Solution, FinTech, 2022-01-10, https://www.bloomberg.com/news/videos/2022-01-10/priv-technologies-on-wealth-management-solution-video, retrieved 2023-06-22
- ↑ "1Stock Limited Commits $ 18.9 Million to a Bahamian Off Plan Estate | PressReleasePoint" (in en). http://www.pressreleasepoint.com/1stock-limited-commits-189-million-bahamian-plan-estate.
- ↑ "Laser Light Companies Retain DelMorgan & Co. as Lead Financial Advisor to Accelerate Growth" (in en-US). 2023-05-15. https://finance.yahoo.com/news/laser-light-companies-retain-delmorgan-120000294.html.
- ↑ "SBR Energy Sets Sights on Acquisitions in Strategic Expansion Efforts." (in en-US). 2023-06-15. https://finance.yahoo.com/news/sbr-energy-sets-sights-acquisitions-140000255.html.
- ↑ "Nixon Kitimoi, 1stock's Chief Investment Officer nominated for the 2022 Uganda Cfo Awards | PressReleasePoint" (in en). http://www.pressreleasepoint.com/nixon-kitimoi-1stocks-chief-investment-officer-nominated-2022-uganda-cfo-awards.
- ↑ "Design an Advert winners party" (in en). https://www.newvision.co.ug/articledetails/1134834.
