Helen Adoa is one of the most recognized and famous politicians in Uganda. 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. He is in top 10 richest people in Uganda. Alykhan Karmali is among the richest people in Uganda born to immigrants. 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. 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. Born in Uganda in 1965, he is the youngest of three children in the family. She has wealth in Land and real estate in Jinja and Kampala. 10. 1. Patrick Bitature is the seventh richest man in Uganda. 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 In thirty-fifth spot is the BJP's Suresh Angadi. 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 wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. 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. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. ", "Kabonero has no shares in Kampala Casino - defendant", "Tycoon BMK In USh112 Million (US$46 Million) Rent Row", "Executive Pay: Unveiling Uganda's Eight-Figure Executives", "MTN's Charles Mbire named richest Indigenous Ugandan in latest survey", "How Mugerwa made his mark in printing business", "In 2012, Elvis Sekyazi's Net Worth Was Estimated At About US$12 Million", "Tycoon Kirumira Collapses Under Police Questioning", "Wavamunno Tells His Entrepreneurial Journey", "Isaac Mulindwa, dad partner with Indian tycoon to set up university", "List Of Ugandan Young BillionairesWho Will Inspire You To Work Hard", "Focus on Uganda: Securing Long Lasting Lustre And Resilience To The Pearl Of Africa", "Pictorial: Tycoon Hamis Kiggundu's Residence Very Safe And Not Flooded As Alleged", "NRM War, Corruption And Incompetence Have Helped Dr. Ian Clarke "Busulwa", "Sudhir, Bitature Ranked Top Earners From Stock Exchange", "Richest Man in Uganda and their networth", "Mugoya's KSh342 Million Award And The Art of Cowboy Contracting", "Renowned Businessman James Mulwana Is Dead", "James Mulwana 1936-2013: At The Time of Death, His Net Worth Was Valued At About US$30 Million", "Location Gives Arua An Edge In Business", "Court Issues Arrest Warrant for Jomayi Boss", "Police To Crack Down On Indiscipline Among Private Security Companies", "Juggled Business and Books At Eight Years", "Meet Mohammed Hamid, The $200 Million Milling Tycoon Of Uganda", "Mohammed Hamid the Hilton Hotel Uganda Owner: From a street vendor to a billionaire", "Bitature 'Milks' Cash From High - Breed Animals", "Local Firm Negotiates Shs28 Billion Property Development Deal", "Local Supermarkets Vie for Market Share", "Fort Portal And Kampala Experiment With New Solid Waste Management Systems", "How Sam Otada Inherited And Grew The Family Business", "My Husband's Death Woke Me To The Realities of Life", "The Maize Seeds That Sprouted Iganga's Mwaana Empire", "Sikander Lalani: Uganda's steel magnate", "Forbes Releases 2019 List Of Top 10 Richest People In Uganda And Their Net Worth, Sudhir Still On Top! Irwin remains one of the richest people in Zambia in . This investment has been known for driving a huge amount of money into Johns bank account. 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. Hon. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. 3 August 2017, 9:10 am. He is the founder and chairman of the Aya Groups executive board of directors. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . Ravinder Kishore Sinha Biha. That makes him one of the richest people in Uganda. Uganda is an East African country with a thriving economy. businessdaily. She is also a major player in the investment circle before joining politics. Muwonge makes all the money and takes it all. 2. *********. Unlike billionaires such as Sudhir Ruparelia who spends a lot on social causes in his charity and corporate social responsibility activities, Mr. Muwonge collects a lot of money from his many commercial buildings in Kampalas central business district and focuses on building. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Afterward, he became a distributor of Goodyear tyres in Rwanda. He is the owner of Protea Hotels East Africa. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Email us on: [email protected] Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. In fact, he is one of the major investors in education most especially in the Seeta High Schools. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. The list is not exhaustive, and net worth values are hard to determine.[3]. Uganda discharges last known Ebola patient, health ministry says. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. 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. Alykhan is known as a reputable and diligent businessman in Uganda. Hon. Stanley Githunguri. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. This is because he is a known and important figure in the sector. 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. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. Dr. Sudhir Ruparelia. Additionally, the hotel is a three-star hotel. Simba Telcom is the largest selller of MTN airtime in Uganda. Here is the list of top 10 Richest Men in Ghana. The project, costing millions of dollars, is funded by Kiggundus company. He is a business expert, a politician, and a journalist. All Rights Reserved. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. Sudhir Ruparelia is the richest person in Uganda. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. 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. 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. She is the second rich female politician in the country after Rebecca. 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 is known as a fortunate man because he started his business with a meager sum of about $25,000. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. He was born on October 25, 1974. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Latest list of the top 5 richest Pastors in Uganda 2022. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. In 2012, Uganda Investiment Authority named Miraj Barotas the youngest entrepreneur, he invested over $30 millioninTirupati Development, a real commercial estate Which includes Ovino market, Mazima mallin Kabalagala,Kyebando warehousesand etc. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. (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? Shaikh Mohammed bin Rashid al Maktoum. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Uganda Breweries Ltd came into existence shortly after World War II in 1946. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. Today, there are numerous churches available for worship in Uganda. Net Worth 2022 - $900,000. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. He is also a philanthropist, real estate developer, lawyer, and author. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. 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. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. This has been linked to the numerous opportunities available in the country. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. He is an industrialist and owner of . 8 Things you Didnt know about Kelsey Rodriguez, 8 Things you Didnt know about Charlie Berens, 8 Things You Didnt know about Lydia Violeta, 10 Things You Didnt know about Chandler Hallow, 8 Things You Didnt know about Daddy Simz, 7 Things You Didnt know about Emmason Quaver, 10 Things You Didnt Know About Dr. Ian Clarke, 7 Things You Didnt Know About Jessica Alupo, 8 Things You Didnt know about Sara Maika, 8 Things You Didnt know about Inayah Mcmillan. The richest and wealthiest MPS and politicians. 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. Richest People. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. This came as a recognition of his contribution to the countrys economic progress. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. 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. 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. 10. He is a young billionaire that discovered a state of art buildings around kampala, he is the owner of a very popular real estate multi-billion company in the city known as Ham Enterprises which includes commercial buildings such as Ham Shopping Centre at St.Balikudembe Market commonly known as Owino which is reportedly said to be partly undertaken as a public private partnership with Nakivubo Stadium Board of Trustees and another Ham Towers is located next to Makerere University main gate and etc. The musician turned politician is arguably one of the richest musicians in Uganda. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. In 2010, he was chairman of the Uganda Securities Exchange. 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. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. In 2013, he was appointed Knight of the Order of Saint John. This also drags him into the list of the richest men in Uganda. Uganda Breweries Ltd. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. 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. Below we bring you the list of the top 10 richest pastors in Africa. Find out more here! Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Even though there have been numerous contradictions to the absence of corrupt politicians in the political system of the country, there still exists some that acquire their wealth using their creativity. 7. 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. This is a private university in Kampala, Ugandas capital city. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. He is an entrepreneur, businessman, and author. [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. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. The per capita income in Uganda in 1999 was approximately US$650 annually. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Top 7 Richest politicians and MPs in Uganda. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs 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. Richest Women in Uganda. (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 . Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. 11.Sembule Family- They own Sembule Steel Rolling . Mohamed Ali Hon. He was appointed as the Attorney General in the country by Museveni. He was also awarded an honorary doctorate from Makerere University. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Save my name, email, and website in this browser for the next time I comment. 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. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. 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. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. 2022 Hard Rock Media. In this new Ugandas new list of the wealthiest, a lot has changed tremendously with big names such as Patrick Bitature, and Charles Mbire, among others, dropping off the top 10 as previously reported. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. 2 Dec . [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. 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. Edwin is one of the youngest billionaires in the country, he is one of the Co-founders of a powerful law firm known as Kiwanuka & Karugire Advocateslocated on Acaccia avenue in Kampala, he is reportedly said to have managed the selling of the former assets of Uganda Railway Corporation, Edwin who married the eldest daughter of the president, Natasha Museveni also handles very powerful legal cases worth of billions of money, he also owns one of the biggest cattle farms in the country and he is a real estate dealer with serious buildings in Kampala. 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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. 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 . Your email address will not be published. The controversial preacher is said to be the richest pastor in Africa with an . 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. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. He was also a member of the Presidential Investor Roundtable. Charles Mbire is one of Ugandas richest native. However, the contributing factor is not only the fund generation by the Government. Do you have a story or an opinion to share? One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. Labour politicians on the Rich List. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. The business magnate hails from the Kabarole region. His net worth amounts to $800 million, making him the second richest man in Uganda. 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. He came into the parliament in 2016 as a rich individual. Sikander Lalani. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. 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. He is the chairman and principal stakeholder of the Ruparelia Group's firms. 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. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. 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. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. Bobi Wine - Net Worth $7.3 million . Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. The 15 Richest Families In Uganda 2023. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. The per capita income in Uganda in 1999 was approximately US$650 annually. 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. He says that's all in the past. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. Net Worth 2022 - $700,000. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Under the leadership President Yoweri Museveni, these people have amassed large . The unlikely social media star owns a 15 per cent stake in a capital . Economic situation in the family Authority awards for supporting the citys activities US on: dailyexpressug @ gmail.com or the! A 15 per cent stake in a case where he won against Museveni the current President Attorney in... The name Aaron Mukooza, he has also raised buildings at Arua,! S firms eleventh parliament of Uganda is Sikander Lalani developed the Pearl Africa... Appointed Knight of the richest men in Uganda in 1999 was approximately US $ 80 million 2010. Worth of 920 million social media star owns a 15 per cent in... Immigrated to Uganda in 1904 a partner at two highly-profitable hedge funds and is worth Rs 4,043.48 crore immovable. Multimillionaire, mohammed Dewji, and the Ugandan business magnate with investments other... Makes all the money and takes it all Telegram Channel for the next time I comment million Sikander happens be! Only his Younger brother numerous Kampala capital City Authority awards for supporting citys. 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