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Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. According to Forbes, he has a net worth of $700 million. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. 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 Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. His net worth is more than USD 290 Million. 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. David Thompson spoke to Ipsos MORI chief executive Ben Page and The Times' associate editor Alice Thomson about the list, which sees Lord Ashcroft taking the gold spot, and Richard Benyon named as. He was born on October 25, 1974. 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. 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. Muwonge makes all the money and takes it all. 4. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. 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. In 2012, Uganda Investiment Authority named Miraj Barot as the youngest entrepreneur, he invested over $30 million inTirupati Development, a real commercial estate Which includes Ovino market, Mazima mall in Kabalagala,Kyebando warehouses and etc. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. Albert Muganga He is also one of those that derive most of their wealth from the political arena. John Bosco Muwonge tops the list of richest people in Uganda in 2022. 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. 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. 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. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. The business magnate hails from the Kabarole region. Born in Uganda in 1965, he is the youngest of three children in the family. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. 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. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. Also Read:Top 10 Richest People in Africa. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. However, many backbench MPs. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. 2. He says that's all in the past. Alykhan Karmali is among the richest people in Uganda born to immigrants. 10. All Rights Reserved. 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. 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 to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. In fact, almost all posh hotels in Eastern Uganda belong to her. Also, agriculture has been known as a major contributor to the growth of the economy. Helen Adoa is one of the most recognized and famous politicians in Uganda. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. The per capita income in Uganda in 1999 was approximately US$650 annually. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . 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. 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. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. And finally on the list, Haruna Mubiru. 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. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. 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. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. (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? So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Sikander is not only an industrialist, but he is also a pathologist who started as a dealer in a retail electronics store that specialized in the purchase and sales of Philips Brand IN Kigali. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. He is one of Ugandas richest businessmen. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Zambia. 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. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. Muwonge could be valued at USD 1.8 billion. 3. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. That makes him one of the richest people in Uganda. Ravinder Kishore Sinha Biha. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. 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. The company is usually regarded as Ugandas biggest seller of MTN airtime. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. 3 August 2017, 9:10 am. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. He is the current chairman of Crown Beverages Limiteds board of directors. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. He is one of those that put their focus on the communication sector in the country. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Dr. Sudhir Ruparelia. 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. Christine Nabukeera is known among the rich circles as Senga Nabukeera. 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 entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. He worked with his older brother in the early 1990s until he started his first company called Pan Afric Commodities, which is also a commodities trading company. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. Thats all about the richest men in Uganda. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. 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. 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. 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. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. Bobi Wine is also one of the Richest politicians in Uganda. Sikander Lalani. 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. Even though most of her investments are hidden, she is known for having numerous investments in hotels. Check out the list of Uganda's top 10 richest men John Bosco Muwonge Sudhir Ruparelia Mohammed Hamid Drake Lubega Alykhan Kharmali Charles Mbire Sikander Lalani Aaron Mukooza Gordon Wavamunno Patrick Bitature Top 10 Wealthiest Men Of Uganda In 2023 As their businesses thrive, their net wealth will continue to increase. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. John Muyingo is the Director of Seeta School which are the most prestigious High school in Uganda with over Four Campuses in Seeta main, Seeta Gree, Forest Hill and Seeta Mbalala Campus. The unlikely social media star owns a 15 per cent stake in a capital . Patrick Bitature is the seventh richest man in Uganda. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. 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. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. 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. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. *********. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Pastor Samuel Kakande. He is the leader in Private High school education in the entire country with a chain of schools. Alykhan Karmali is among the richest people in Uganda born to immigrants. 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. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. 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. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. Here is the list of top 10 Richest Men in Ghana. Today, we walk you through the top ten richest Ugandans including their net worth. Net Worth 2022 - $620,000. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. Rebecca is also the richest female politician in the country. 2022 Hard Rock Media. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. Alykhan is also one of the major investors in the banking and manufacturing sectors. Copyright 2023 Daily Express Uganda. Shaikh Mohammed bin Rashid al Maktoum. 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. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. Adam Becket. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. 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. Charge Faster and Play More with the new P38 Pro. 2. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Born in 1976, Hamid is one of the youngest richest people in Uganda. Haruna Sentongo is another new entrant on the top 10 wealth list. 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. Subscribe to our newsletter to get our newest articles instantly! He was born in Kampalas Nsambya Hospital on November 4, 1944. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. Below we bring you the list of the top 10 richest pastors in Africa. In addition to being an active businessman and entrepreneur, he is also a philanthropist and this has been supported by the enormous amount of money and properties he has donated in such course. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. 1. 2023 BigEye.UG. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Nana Akufo-Addo - Net Worth: $250 Million Dollars. 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. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. This is because he is a known and important figure in the sector. Banyankole. Sikander happens to be one of the oldest Ugandan entrepreneurs. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. Alykhan is known as a reputable and diligent businessman in Uganda. According to Forbes, he has a net worth of $900 million. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. He is building warehouses for agro produce sales and rents them out. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Session of the United Nations General Assembly. He came into the parliament in 2016 as a rich individual. 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Unsurprisingly, he has decided not to fully engage in the political situation in 2021. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. He is the owner of Protea Hotels East Africa. 10. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. He is currently the chairman and the major shareholder of the Aya Group of companies. (Bloomberg) -- Billionaire investor Marc Lasry has reached a deal to sell his stake in the Milwaukee Bucks to Jimmy and Dee Haslam, owners of the National Football League's Cleveland Browns, according to a person familiar with the matter.Most Read from BloombergElon Musk Regains His Spot as the World's Richest PersonNigeria Latest: Tinubu Wins in Six States; Obi Takes ThreeTD Bank to Pay . He controls the Western Transportation system with him a Director at Getway Buses which is the biggest transportation in the Entire Western Uganda in Kigezi from Kampala. 1. Although he is no longer in service of the government, he is very wealthy. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. 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. All MPs earn a basic salary of 74,000 a year, with . Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. His net worth was about $1.2 billion as of 2019. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. However, not all of them receive numerous attendants since some are small in size. He is actually a lawyer and a politician. Nadine Dorries, Culture Secretary: 157,000. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Top 7 Richest politicians and MPs in Uganda. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. Economics at Essex University in India and then went on to study engineering at the University Oklahoma. 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