More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Nakumatt was one of the largest privately-owned supermarkets in Kenya, Uganda, Tanzania, and Rwanda, which has more than 7,000 people in its paid list and with annual sales of well over US$650 million. In addition to his accumulated wealth, he also owns two residential apartments both in Mitooma and Kampala, each of which is valued at a very high cost. List of wealthiest men in Uganda. However, the contributing factor is not only the fund generation by the Government. Do you have a story or an opinion to share? Uganda Breweries Ltd. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. Mugisha is a young billionaire owning a public relations company known asTerp Consult which has got several lucrative contracts from the government, the major one being the US$1 million Gifted By Nature CNNmarketing campaign. Universities, schools, real estate, animal skins and hides, hospitality. Zambia. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. The Pyramids Casino and Kampala Casino are two of his business ventures. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. In fact, he is one of the major investors in education most especially in the Seeta High Schools. 11.Sembule Family- They own Sembule Steel Rolling . He won the seat on an independent ticket and has served the people remarkably well. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. Coffee, tea, fish, and cotton are among its top exports. businessdaily. TDP's Galla registered a win over Modugula Venugopala Reddy of the YSRCP in Andhra Pradesh's Guntur by a thin margin of 4,205 votes. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. The richest and wealthiest MPS and politicians General Salim Saleh Although not . Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. Here are the richest tribes in Uganda. He is the owner of numerous companies including Kinyara Sugar Works Limited, Mountains of the Moon Hotel, Vienna College Namugongo, and a host of others. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. He was a previous member of the Uganda Development Banks board of directors. He is known as a fortunate man because he started his business with a meager sum of about $25,000. (Archived from the original on 4 March 2016), "Mulis Alykhan Karmali Enters Into Shs se Billion Deal for Construction of Acacia Mall, Kampala", "Five Ugandan Multi-Millionaires You Should Know", "Andrew Rugasira: Can Coffee Transform Lives In Africa? Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. Through his company, Ham Group, he owns a property portfolio in the heart of Ugandas capital, Kampala, that includes landmark shopping centers, office buildings and hotels. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. She is the second rich female politician in the country after Rebecca. MP and senior opposition leader Ken Lukyamuzi once told Aljazeera that they earn 15 million shillings as basic salary, which is about $6,100 every month. 8. Patrick Bitature is the seventh richest man in Uganda. Hon. Alph Lukau - $1 Billion. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Pastor Joseph has an estimated Net Worth of around 840 Million. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. He is the chairman and principal stakeholder of the Ruparelia Groups firms. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Stanley Githunguri. Please whitelist to support our site. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. 2. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. Here are the richest tribes in Uganda. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Additionally, the number of rich individuals in the country has increased over the past years. The gap in educational attainment between children from the richest and poorest families was a problem long before the .. Apr 28, 2021 Member of Parliament, Kyadondo County East, Uganda . Richest Women in Uganda. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. Being President for over 38 years he has immersed wealth controlling milk production and Distribution in Uganda with his Ankole Rwakitura Farm and other farms in Ankole. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Uganda Breweries Ltd came into existence shortly after World War II in 1946. Ranking number one on the top ten list of richest men in Uganda is the founder, CEO, and major shareholder of Ruparelias Group of Companies, Sudhir Ruparelia. He is an industrialist and owner of . When genocide erupted in Rwanda in 1994, he fled to Tanzania. In 2010, he was chairman of the Uganda Securities Exchange. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. Sudhir has maintained his Forbes net worth of USD 1.2 billion. These businessmen have made their wealth by investing in different sectors. Nadia Kabahita Mbire is one of only two daughters born to tycoon Charles Mbiire, Uganda's richest indigenous man whose worth is estimated at US$200 million. Another interesting fact to know is that Charles Mbire actually didnt start on a platter of gold and his story always serves as a form of motivation and inspiration for emerging businessmen or women and entrepreneurs. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. This group of Ugandans come from the western region of Uganda and currently, they are the people who are ruling the Ugandan government and so it is not a surprise that they are the richest people in Uganda. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Today, Haruna owns Nakayiza market with 12 blocks, Haruna Towers in Kisenyi, NM apartments, Old Africana agro market, Segawa market which has two blocks, he has new coming up in Kisenyi, four acres of undeveloped land in the same area, Haruna shopping mall, Haruna towers Ntinda, trading under his Haruna enterprises. The per capita income in Uganda in 1999 was approximately US$650 annually. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. It is a common belief in Uganda that his company is the source of his wealth. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. Here are the Top 10 Richest Ugandan Artists and their Net worth . Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. Mr. Mbire has made his wealth by investing in diverse sectors. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Under the aegis of Mukwano Family, Alykhan Kharmali has claimed a notable position amidst the richest Ugandans, especially as he remains the main force behind one of Uganda's famous companies. 1. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. A Subsidiary of Daily Express Media Ltd. 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With net assets of Rs 338 crore (Rs 3.38 billion), Doddaalahalli Kempegowda Suresh, better known as D K Suresh, is the only Congress member from Karnataka and the third richest MP. Uganda is an East African country with a thriving economy. Under the leadership President Yoweri Museveni, these people have amassed large . Ashish was born in United Kingdom in 1981 after his parents had moved to UK in 1972 when Idi Amin expelled Asians from Uganda, later the young Ashish and his family moved to Rwanda where they were also forced to leave due to 1994 genocide, they fled to Burundi for a while and later came to Uganda, at the age of 15, Ashish dropped out of school to begin his own business with a loan of $5000. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. 1. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. Being the MP representing Tororo Municipality, Yeri Ofwono came into the parliament in 2016 and has been able to accumulate numerous amounts of money-making him occupy the ninth position in the list of richest politicians in the country. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. The project, costing millions of dollars, is funded by Kiggundus company. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. The number of millionaires and billionaires including the richest politicians in Uganda is also on the increasing side and this also helps in boosting the economy of the country. *********. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Anybody that has an investment in the roofing sector and is not familiar with Sikander Lalani is not actually an active member of the sector. The names are arranged alphabetically, using the first name to select rank. Source: Roofing sheets. 2. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. The controversial preacher is said to be the richest pastor in Africa with an . Born in 1976, Hamid is one of the youngest richest people in Uganda. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. His wealth is in real estate and recreation Centre with his popular property of the One love Beach and several Apartment in Kyadondo and Throughout Kampala and Wakiso. Lord Ashcroft (worth 1,200m) leads the field, pharmaceutical magnate Lord Balleymond next (worth 860m), followed by the Marquess of Salisbury (275m) at no 4, and Lord Heseltine (264m) no 5. In the early 1990s, he worked with his elder brother until when he founded his first company called Pan Afric Commodities, which is also a commodities trading company. In 2018, Carl Irwin retired from the company aged 52. The list is not exhaustive, and net worth values are hard to determine.[3]. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. Alykhan is known as a reputable and diligent businessman in Uganda. Rebecca Kadaga after serving in government for over 25 years is also one of the richest national in politics making the list as the only woman. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. This is mainly because of his behavior towards tackling unemployment in the country. Also Read:Top 10 Richest People in Africa. It is said Lubega builds or buys a new building of not less than USD7 million, every 6 months with money he collects from rent. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. Muwonge could be valued at usd1.8 billion. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. Read also. As their businesses thrive, their net wealth will continue to increase. Sudhir Ruparelia -$800 million Richest Man in Uganda Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . Afterward, he became a Goodyear tyre distributor in Rwanda. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. Albert is a young entrepreneur and a billionaire, the founder of the private limited logistics company in Uganda known as Kenlloyd Logistics, Albert who is also married to Sam Kuteesas daughter Ishta Kuteesa, was also appointed by a German logistics company called DB Schenker as their country exclusive representative, a real estate dealer and also a majority shareholder of Pioneer Easy Bus. He is in top 10 richest people in Uganda. Banyankole. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. University, hospitals, real estate, healthcare, health insurance, ambulances, hotels, Hotels, flour milling, transportation, international trade, bakery, mining, Shumuk Group of companies, real estate, aluminum recycling, hotels, Telecommunications, electricity generation, banking, insurance, hotels, resorts, ranching, real estate, Transportation, construction, telecommunications, real estate, This page was last edited on 2 March 2023, at 01:43. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. He is not only an active businessman and entrepreneur but also a philanthropist, which is supported by the enormous monetary and material donations that he has made in this context. Who is the richest musician in Uganda today? Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. Save my name, email, and website in this browser for the next time I comment. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. The company is now a leading transporter in East and Central Africa. Mbire is a co-founder and member of the board of directors of numerous Uganda businesses including Afro Alpine Pharma Limited, MTN Communication Uganda Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of numerous others. Nana Akufo-Addo - Net Worth: $250 Million Dollars. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. Being an Uganda businessman, entrepreneur, industrialist, and histopathologist in Uganda, Sikander was given birth to on the 4th of October, 1944 in Nsambya Hospital, Uganda. Muwonge could be valued at usd1.8 billion. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. Today Uganda has got many billionaires including the likes of Sudhir Ruparelia, Wavamuno, Basajjabalaba and many others, the youth have also fought for themselves by creating jobs and others through various annual inspirational brain-storming programmes such as the Pakasa forum etc, I am telling you if you happen to attend any of these programmes, you will learn how to make money and it will widen your mind. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. In thirty-sixth spot is the BSP's Rakesh Pandey. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. In 2013, he was appointed Knight of the Order of Saint John. On top of that Sudhir has not stopped his support for charitable works and other social causes. The current list of wealthiest politicians in Uganda. The richest and wealthiest MPS and politicians. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. In 2013 he was made a Knight of the Order of St. John. Known as a landlocked country in the East-Central of Africa, Uganda is a country known for exporting needed materials like coffee, fish, maize, cement, tobacco, sugar, hides and skins, cocoa beans, and a host of others. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. He was appointed as the Attorney General in the country by Museveni. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. According to Forbes, he has a net worth of $900 million. He has multiplied his stake in Kampalas CBD in the past couple of years and owns Namanda, Cooper complex, Cornerstone, Discount mall, Shamba complex, Shauriyako, Ggagawala, Namayiba bus terminal, Gwanda mall Kisenyi, Superior complex, New Arua park complex, he has a street in Nabugabo, and has over 40 construction sites in Kampala, plus over 400 acres of land in Kisenyi area. He is a business magnate who has been venturing into textile and alcoholic beverages trading from a shop in Luwum Street, Kampala which later gave birth to Dembe Enterprise before expanding into what is currently known as Dembe Group of Companies. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Find out more here! Mr. Bitature is the CEO of the Simba Group of Companies, which is a conglomerate with holdings in telecommunications, energy, travel, real estate, leisure, media, and mining. Sudhir Ruparelia #top10richest #tycoons. 2 Dec . 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! However, many backbench MPs. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. Born in Uganda in 1965, he is the youngest of three children in the family. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Sudhir got a setback with Bank of Uganda grabbed his Crane bank from him and later Covid19 affected his massive investments in the hospitality, education, and flower sectors. Mohammed Hamid is considered one of the richest young millionaires in Uganda having emerging into the class of richest personalities at a very youthful age. Additionally, she is considered as one of the powerful women in the country. Simba Telcom is the largest selller of MTN airtime in Uganda. He is also one of those that derive most of their wealth from the political arena. Kimani is worth an estimated Kshs 500 million. He is an entrepreneur, businessman, and author. Net Worth 2022 - $700,000. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. He now boasts of buildings including Giant shopping arcade in Kikuubo, Nakasero complex on Nakivubo road, Mid-city arcade on Nakivubo Road, Mackay Buildings on Old Rashid Kaharmis Road among others. Being an economist, Felix has been in the parliamentary system of Uganda since 1996 and he has been accumulating wealth since then using his economics understanding. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. Sudhir Ruparelia is the richest person in Uganda. Stanley Githunguri made the list of wealthiest people in kenya. 2023 BigEye.UG. He is also one of those that derive most of their wealth from the political arena. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. He became enamored with the country and decided to stay. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Below we bring you the list of the top 10 richest pastors in Africa. Also, she is known to be the voice of the numerous women in the country. In fact, in 2015, these commodities boosted the economy of the country massively. John Sebalamu is a multiple property owner in Uganda credited with starting the culture of the now mushrooming shopping arcades in the heart of Kampala. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. Just like many other entrepreneurs in the country. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Net Worth 2022 - $900,000. All Rights Reserved. He is also the Uganda Manufacturers Associations chairman. He is the chairman and principal stakeholder of the Ruparelia Group's firms. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. He is the founder and chairman of the Aya Groups executive board of directors. Rebecca is also the richest female politician in the country. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. Mohamed Ali Hon. 7. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. Occupying the first position in the list of richest politicians in Uganda is Thomas Tayebwa, who is the MP representing Ruhinda North County in Mitooma District. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. She is also a major player in the investment circle before joining politics. ADVERTISEMENT. Mwesigwa also alleges that the opposition party owns a series of drones which they Several NUP supporters have been arrested on various allegations, and some are still in Monitor in a story published last week alleged that Mpuuga had held high-level behind Bobi however dismissed reports of negotiations between the NRM Gov't and the Opposition, and in his letter to the Minister of Justice, Bank of Uganda and the Attorney Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news. Not just in Uganda as the driving force behind the establishment of Roofing Groups, Sikander established!. [ 3 ] the hospitality industry 37, Hamis Kiggundu is one of those that most! Name, email, and author Group, which is Ugandas largest richest mps in uganda of steel! Wealth was affected by the government a ground-handling service known as Enhas at Ugandas Entebbe Airport in numerous sectors the... 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