Hon. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. He was appointed as the Attorney General in the country by Museveni. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. He was a previous member of the Uganda Development Banks board of directors. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. 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. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. Charles Mbire is one of Ugandas richest native. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. "All Government remunerations should be . His elder . 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. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. The business magnate hails from the Kabarole region. 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. The richest people in Uganda 2022 include native Ugandans as well as businessmen who are born to immigrants. Net Worth 2022 - $620,000. Mbire is a co-owner and board member of numerous Uganda companies, including MTN Communication Uganda Limited, Afro Alpine Pharma Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of others. 1. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. Sikander happens to be one of the oldest Ugandan entrepreneurs. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. 3. Although he is no longer in service of the government, he is very wealthy. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. He has also been on the spotlight for promoting homophobia in Uganda. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Bitature established the Simba Telecom Limited company in 1998. He definitely has numerous sources of income. With a net worth of approximately $300 million, he is one of the richest people in Uganda. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . Thomas Tayebwa 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 the founder of Roofing Groups and was born on October 4, 1944, in Uganda. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. That makes him one of the richest people in Uganda. In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. He is the current chairman of Crown Beverages Limiteds board of directors. Muwonge makes all the money and takes it all. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Mohamed Ali Hon. Net Worth 2022 - $900,000. It is a common belief in Uganda that his company is the source of his wealth. Read also. The project, costing millions of dollars, is funded by Kiggundus company. The 15 Richest Families In Uganda 2023. On top of that Sudhir has not stopped his support for charitable works and other social causes. 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. When genocide erupted in Rwanda in 1994, he fled to Tanzania. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. Comcraft had more than $2 billion in yearly revenue in 2015, employed over 30,000 people across three continents, and was Africa's largest steel maker. The company is now a leading transporter in East and Central Africa. Kimani is worth an estimated Kshs 500 million. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. In thirty-seventh spot is the BJD's Baijayant Panda. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. He is building warehouses for agro produce sales and rents them out. Afterward, he became a Goodyear tyre distributor in Rwanda. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. 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 Mr. Bitature has over the years built other businesses within the Simba Group of Companies. According to Forbes, he has a net worth of $700 million. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. He opened a plant in Kigali in 1978 to produce roofing materials. Mugisha who is married to a presidents second daughter, Patience Museveni was also awarded the 2007 CHOGMcommunication and publicity contract which he managed with Saatchi & Saatchi Company. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. He was worth $ 500 million by 2021. The per capita income in Uganda in 1999 was approximately US$650 annually. 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. Haruna Sentongo is another new entrant on the top 10 wealth list. Bobi Wine - Net Worth $7.3 million . Simba Telcom is the largest selller of MTN airtime in Uganda. Here is the list of top 10 Richest Men in Ghana. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. As an MP and chancellor, Mr Sunak's government salary is 151,649. 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. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. Stanley Githunguri. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. He is also one of those that derive most of their wealth from the political arena. 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. 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. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Under the leadership President Yoweri Museveni, these people have amassed large . Save my name, email, and website in this browser for the next time I comment. With a net worth of over $1 billion, he is the second richest man in Uganda today. 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. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. He is also one of those that derive most of their wealth from the political arena. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. 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 contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. 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. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. Subscribe to our newsletter to get our newest articles instantly! Tags. 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. Banyankole. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Hon. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. However, many backbench MPs. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. Do you have a story or an opinion to share? His term began on September 17, 2021, and will end in 2025. This has increased the fame of the country from a global view. 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. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. This article, therefore, presents to you the top ten richest Ugandans including their net worth. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. 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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Being a well-trained lawyer and businessman, Thomas was a business partner to Caesar Augustine Mulenga, who is also a business tycoon and the founder of the Mulenga Development Kingdom. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. 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 Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. He is one of Ugandas richest businessmen. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. He is also a philanthropist, real estate developer, lawyer, and author. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Simba telcom also owns Kampala Pretoria hotel. 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. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. 3. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. In 2010, he was chairman of the Uganda Securities Exchange. The richest and wealthiest MPS and politicians. Sudhir Ruparelia is the richest person in Uganda. He came into the parliament in 2016 as a rich individual. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda.
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