Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. It has also been clearly stated by him to Museveni that he doesnt want to come back to the cabinet so he can face and develop his empire very well. Zambia. He is actually a lawyer and a politician. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. [1][2], Compiled here is a list of individuals in Uganda whose accumulated assets are known to be markedly above the rest of the individuals in the country. Today, we walk you through the top ten richest Ugandans including their net worth. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. Do you have a story in your community or an opinion to share with us: Email us at, Presidents Museveni, Ramaphosa call for increase in trade between Uganda and South Africa, Rwenzori young people tipped off about youth-friendly services, MPs question Shs57 billion payment to US company, MPs approve Budget Framework Paper in readiness for Financial Year 2022/23 Budget. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Muwonge makes all the money and takes it all. Banyankole. 2023 BigEye.UG. Bobi Wine is the richest musician in Uganda today. All Rights Reserved. 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. In fact, he is one of the major investors in education most especially in the Seeta High Schools. Stanley Githunguri. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. However, many backbench MPs. Helen Adoa is one of the most recognized and famous politicians in Uganda. On top of that Sudhir has not stopped his support for charitable works and other social causes. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. Sudhir Ruparelia Top 10 Richest People in Uganda (2022) and Their Net Worth, 10 Successful African Entrepreneurs With Amazing Beginnings, Success and Failure Based on Reason and Reality, 10 Most Influential Africans Making Incredible Impact In Africa And Beyond, 20 Richest Presidents in Africa 2022 with Their Net Worth, Top 10 African Restaurants in Houston You Need To Try, Top 10 African Restaurants in New York with Best African Food, Top 10 African Restaurants in Atlanta You Should Try. 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. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. Bob Kabonero is a Ugandan businessman and entrepreneur. Sudhir Ruparelia -$800 million Richest Man in Uganda In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. In thirty-seventh spot is the BJD's Baijayant Panda. 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. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Net Worth 2022 - $620,000. Here are the richest tribes in Uganda. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. Simba telcom also owns Kampala Pretoria hotel. He was also awarded an honorary doctorate from Makerere University. 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. Today, there are numerous churches available for worship in Uganda. 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. Thats all about the richest men in Uganda. Universities, schools, real estate, animal skins and hides, hospitality. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. 3 August 2017, 9:10 am. 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. Charles Mbire is one of Ugandas richest native. That Abavator was going to end up earning an excess of Shs900m over and above the worth of the services they had actually rendered in that particular month. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. List of wealthiest men in Uganda. He says that's all in the past. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. The MPs, especially Senyonyi, praised long serving CFO Paul Turyayicenga for saving Uganda Airlines when he blocked Abavator 's $404,000 invoice because it was over payment. Boris Johnson, Prime Minister: 157,372. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. 10. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. 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. She is also a major player in the investment circle before joining politics. In fact, almost all posh hotels in Eastern Uganda belong to her. Dr.Innocent is a veterinary doctor by profession and a young billionaire currently owning businesses like Club Amnesia, SMS company known asBlue Cube, Galaxy FM and he also invested in Real estates aswell as online betting businesses, before that he was also a marketing professional in a newspaper company known as Red Pepper. Shaikh Mohammed bin Rashid al Maktoum. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. Alykhan Karmali is among the richest people in Uganda born to immigrants. Pastor Joseph Sserwadda. 1. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. A BigEye Uganda Media 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. 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. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. 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. Please enter your username or email address to reset your password. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. 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. This has significantly added to the improvement of the economic condition of the country. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Banyankole. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. 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. Irwin remains one of the richest people in Zambia in . In fact, in 2015, these commodities boosted the economy of the country massively. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. In 2013, he was appointed Knight of the Order of Saint John. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. 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. Mohamed Ali Hon. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. He is currently the chairman and the major shareholder of the Aya Group of companies. Top 10 Richest Men In Uganda 1. He became enamored with the country and decided to stay. He is in top 10 richest people in Uganda. He was born on October 25, 1974. 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. 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 has also been on the spotlight for promoting homophobia in Uganda. Forth on our top richest companies in Uganda is an old but gold company. This investment has been known for driving a huge amount of money into Johns bank account. 2 billion. (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? One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. 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. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. 7. [1] [2] Compiled here is a list of individuals in Uganda whose accumulated assets are known to be markedly above the rest of the individuals 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. 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. Jyotsna Ruparelia. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Top 10 Richest Politicians In Uganda 1. Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. Alykhan is also one of the major investors in the banking and manufacturing sectors. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. 8. 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. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. He is also a philanthropist, real estate developer, lawyer, and author. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. The company is usually regarded as Ugandas biggest seller of MTN airtime. He is known as a fortunate man because he started his business with a meager sum of about $25,000. This came as a recognition of his contribution to the countrys economic progress. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. When genocide erupted in Rwanda in 1994, he fled to Tanzania. Today he is the Co-founder and CEO of Mara Group which deals in IT services, real estates and Agricultures, he is also the Co-founder of Atlas Mara which is in partnership with Bob Diamond, a company that invests in commercial banking institutions in Africa, in 2013 both Ashish and Bob Diamond managed to raise $325 million in funding. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. . She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. He was born in Kampalas Nsambya Hospital on November 4, 1944. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. The richest and wealthiest MPS and politicians General Salim Saleh Although not . Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. businessdaily. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. Hon. He is also the Uganda Manufacturers Associations chairman. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. a street vendor in Kamwokya, one of the poorest neighborhoods He was also honored with an honorary doctorate degree from Makerere University. Sentongo is a young business man owning a multi-billion real estate company known as Haruna Enterprises which includes commercial building in the city such as Haruna Towers in Wandegeya and another one located in Ntinda, one of Kampalas suburbs. Sikander Lalani. 25 Mar, 2022, 10.20 PM IST Elon Musk, Jeff Bezos, Mark Zuckerberg and Bill Gates: World's 10 richest men doubled their fortunes during pandemic, says report Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. 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. Here are the richest tribes in Uganda. As an MP and chancellor, Mr Sunak's government salary is 151,649. Hakainde Hichilema is number one on this list for Richest Zambian Politicians, currently working on the University project to cost over $80 million, having a net worth estimated to be about $1.0 billion dollars. The Chief Registrar, within the Judiciary, was at the scale of U1S, earning a monthly salary of Shs 4,804,800 which was equal to the counterpart in the Executive or Solicitor General. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. In thirty-sixth spot is the BSP's Rakesh Pandey. The outspoken young tycoon is said to be collecting not less than USD1 million a month. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. 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. He is one of the youngest billionaires in Uganda holding a Bachelors degree in sociology from Makerere University, he is one of the Co- founders ofPepper Publications ( Red Pepper, Entasi, Kamunye ) aswell as Juice FM, besides, Arinaitwe is also one of the directors of a finance institution called Synod Investments. Karim Hijris company today has subsidiaries named Dembe FM, a radio station; an automobile dealership, a finance and insurance business, an amusement park, and numerous hotels under the Imperial Hotels Group. However, despite being a rich and developing country, Uganda also houses numerous millionaires and billionaires. Every MP was granted more than $41,000 in 2013 to buy personal cars and also free ipads which were estimated to cost a total of $370,000. 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. Crown is a blue-chip beverage firm that produces premium carbonated soft beverages such as Pepsi, Mirinda, Mountain Dew, Sting, Evervess, and Nivana Mineral Water. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Net Worth 2022 - $700,000. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. In 2017, the Ugandan government entered into a joint venture with Ham Group to effect major renovations at the stadium, involving an improvement to grounds, increasing seating from 30,000 to 35,000 and constructing retail shops inside the outside walls of the facility. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. Miraj is one of Ugandas youngest billionaires managing three different family businesses such as Tirupati Development, Tulip Consultancy, Virat Alloys and the recently acquired Sembule Steel Mills. 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.
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