He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. A Subsidiary of Daily Express Media Ltd. I was tortured, forced to admit that I killed Nagirinya, key suspect tells court, NUPs Eric Mwesigwa turns against own party, says he was promised sh50m for staged torture, Meet ARiA: A Talented Ugandan pop star from Retro Records, DStv Uganda hikes bouquet prices again as customers push for regulation over dubious charges, FULL STATEMENT: Bobi Wine condemns govt officials named in Karamoja iron sheets scandal, UNEB to release 2022 UACE Results this Friday, URA eyes more revenue on Mobile Money, Bank agents, in new tax regime, Tinubu declared winner of Nigerias election as opposition calls for re-vote, Police rescue five pupils from suspected kidnap, van driver arrested, 49-yr-old man arrested for impregnating P7 pupil. He then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. In May 2015, he was re-elected to a second and final two-year term. He is a business expert, a politician, and a journalist. Alykhan is known as a reputable and diligent businessman in Uganda. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Universities, schools, real estate, animal skins and hides, hospitality. Save my name, email, and website in this browser for the next time I comment. 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. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. The company is usually regarded as Ugandas biggest seller of MTN airtime. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. 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. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. 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. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. He is the chairman and principal stakeholder of the Ruparelia Groups firms. Forth on our top richest companies in Uganda is an old but gold company. Bobi Wine - Net Worth $7.3 million . 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. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. 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. Zambia. 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. Boris Johnson, Prime Minister: 157,372. The richest people in Uganda 2022 include native Ugandans as well as businessmen who are born to immigrants. 2022 Hard Rock Media. 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. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. (adsbygoogle = window.adsbygoogle || []).push({}); Top 10 Richest Politicians In Uganda 2021, Just like John, Sam also doubles as the MP representing Mawogola County in Sembabule District and also the Minister for Foreign Affairs in the country. This is because he is a known and important figure in the sector. In fact, some of her citizens on the list of richest men in Uganda occupy some position in the Forbes List of rich individuals in the World. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. Hamis has invested in real estate, agro-processing, education, and technology among others. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Bob Kabonero is a Ugandan businessman and entrepreneur. This has increased the fame of the country from a global view. He is actually a lawyer and a politician. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. In the top 10 districts ranked by average income (GDP per capita), Wakiso is followed by Kampala at Shs9,587,960 ($2,655), Mukono at Shs6,276,410 ($1,738), Masaka with Shs4,911,350 ($1,360), Jinja. All Rights Reserved. Pastor Joseph Sserwadda. Like many of Ugandas richest men of foreign roots, Charles Mbire who is An entrepreneur and investor was born in 1959 in Mparo, Rukiga District. Additionally, the hotel is a three-star hotel. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. Kimani is worth an estimated Kshs 500 million. It is a common belief in Uganda that his company is the source of his wealth. All MPs earn a basic salary of 74,000 a year, with extra pay for those with other responsibilities such as ministers and the chairs of parliamentary committees. 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. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. According to Forbes, he has a net worth of $900 million. Alykhan is also one of the major investors in the banking and manufacturing sectors. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Nadine Dorries, Culture Secretary: 157,000. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. This has significantly added to the improvement of the economic condition of the country. Prophet Samuel Kakande Pastor Prophet Kakande, the chair of the Synagogue Church of All Nations in Mulago, Uganda, is the top among the top 10 richest pastors in Uganda in 2020. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. 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. He is also one of those that derive most of their wealth from the political arena. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. Richest Women in Uganda. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. Here is the list of top 10 Richest Men in Ghana. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. This also drags him into the list of the richest men in Uganda. According to Forbes, he has a net worth of $700 million. Sudhir has maintained his Forbes net worth of USD 1.2 billion. 2023 BigEye.UG. 1. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. Ragga Dee He is one of the Veteran musicians in Uganda. Net Worth 2022 - $900,000. He is one of Ugandas richest businessmen. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. He is also the owner of Protea Hotels East Africa. 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. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. In thirty-seventh spot is the BJD's Baijayant Panda. Among the table posts Charles held, he was chairman of the Uganda Securities Exchange in 2010, a member of the Presidential Investor Roundtable, which includes an elite group of businesspeople advising the President of Uganda on how to best improve the competitiveness and business conditions of the country. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. Born in Uganda in 1965, he is the youngest of three children in the family. Currently, he is the CEO and the main force behind the Mukwano Group of Companies which is one of the most famous companies, not only in Uganda but entire Africa. She is the second rich female politician in the country after Rebecca. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. He is the founder and chairman of the Aya Groups executive board of directors. That makes him one of the richest people in Uganda. Sudhir Ruparelia. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. As their businesses thrive, their net wealth will continue to increase. Stanley Githunguri. Real Estate, Hospitality, International trade. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. 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. 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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Charge Faster and Play More with the new P38 Pro. 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. Here is the list of the top 10 richest people in Uganda Advertisement John Bosco Muwonge Drake Lubega Sudhir Ruparelia Mukwano Karim Hirji Kitandwe Tom Hamis Kiggundu Christine Nabukeera John Sebalamu Haruna Sentongo Richest man in Uganda Read the full list of the 10 wealthiest people in Uganda. She has wealth in Land and real estate in Jinja and Kampala. This has been linked to the numerous opportunities available in the country. Sudhir Ruparelia - Net Worth: $1.2 Billion Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. Muwonge makes all the money and takes it all. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. This came as a recognition of his contribution to the countrys economic progress. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. He was a previous member of the Uganda Development Banks board of directors. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. From the time his company was registered, in 17 June 2011, Ssentongo Haruna has guarded its ownership at 99% and another 1% owned by Laura Nalukwago. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Just like with many other entrepreneurs in the country, Gordon has investments across numerous companies including Wavah FM, Wavah Water Limited, GM Tumpeco Limited, and numerous others. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. In fact, he is one of the major investors in education most especially in the Seeta High Schools. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. In 2013, he was appointed Knight of the Order of Saint John. Karmali also sat on the board of directors of Exim Bank (Uganda), a commercial bank in which Karmalis Mukwano Group owns a 36.5 percent stake. Deox is also one of the youngest billionaires in Uganda, he is the founder of a very powerful and efficient full-service law firm known as Tibeingana and Company Advocates which handles legal work for giant companies, he is an advocate of the high court of Uganda and all courts of judicature in Uganda, he is also the owner of Rivonia Hotel located in Mbuya, in Kampala, his hotel has 16 suites and a luxurious health club, he is also a real estate dealer. He is the leader in Private High school education in the entire country with a chain of schools. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. Please enter your username or email address to reset your password. Although he is no longer in service of the government, he is very wealthy. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Thats all about the richest men in Uganda. He is the current chairman of Crown Beverages Limiteds board of directors. Labour politicians on the Rich List. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. Sudhir Ruparelia He is worth USD1 billion. 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. 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. However, real estate remains the backbone still holding his wealthy position. Andrew Ojok Oulanyah is a Ugandan politician . The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. She is also a major player in the investment circle before joining politics. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. This article, therefore, presents to you the top ten richest Ugandans including their net worth. He says that's all in the past. After leaving medicine in the early years of the 1970s, he established a retail electronics store that specializes in buying and selling Philips Brand in Kigali, Rwanda. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. 1. "All Government remunerations should be . Currently, he is the chairman and a majority shareholder in the Aya Group of companies. The project, costing millions of dollars, is funded by Kiggundus company. *********. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Another interesting fact is that Charles Mbire didnt actually get off to a good start and his story has always served as a form of motivation and inspiration for aspiring business people and women. Email us on: [email protected] Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. He is currently the chairman and the major shareholder of the Aya Group of companies. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. In 1987, he flew to Uganda for the first time to see his older brother, Mohammed El Hamid, who ran Pan Afric Impex, a commodity trading company. Besides, it is worth noting that other business tycoons and entrepreneurs are also working tirelessly to take their businesses to greater heights and make more wealth. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Stanley Githunguri made the list of wealthiest people in kenya. Here are the richest tribes in Uganda. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. RK is married to Shrimati Rita Kishore Sinha, with two children. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. 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. 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. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. In thirty-fifth spot is the BJP's Suresh Angadi. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. Jyotsna Ruparelia. Your email address will not be published. However, Newslex point research team analyzed a few successful young men in Uganda who have managed to become their own bosses by creating their own businesses, they are truly innovative and inspirational young entrepreneurs in the country with multi-billions. Uganda is an East African country with a thriving economy. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. 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. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. Alykhan Karmali is among the richest people in Uganda born to immigrants. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. 2. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. Below we bring you the list of the top 10 richest pastors in Africa. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. According to Forbes, he has a net worth of $900 million. His term began on September 17, 2021, and will end in 2025. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Nakul Nath According to the Association for Democratic Reforms (ADR), Congress' Nakul Nath, who contested his maiden election this year, is the richest MP with declared assets of over Rs 660 crore. Being an Uganda businessman, entrepreneur, industrialist, and histopathologist in Uganda, Sikander was given birth to on the 4. of October, 1944 in Nsambya Hospital, Uganda. Uganda discharges last known Ebola patient, health ministry says. Please whitelist to support our site. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. The controversial preacher is said to be the richest pastor in Africa with an . The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. #top10richest #tycoons. Today, there are numerous churches available for worship in Uganda. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. He is an industrialist and owner of . Rebecca is also the richest female politician in the country. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. He won the seat on an independent ticket and has served the people remarkably well. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. 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. Copyright 2023 Daily Express Uganda. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. 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. 10. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Uganda's new list of the wealthiest, according to sources, has also changed tremendously with big names such as Patrick Bitature, Charles Mbire, among others, dropping off the top 10 as previously reported. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others.
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