He has also raised buildings at Arua park, Parkyard, and behind Gazaland. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. This is because of the numerous opportunities provided by the country to both private and public organizations. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! Mohamed Ali Hon. Jayadeva Galla. Sudhir Ruparelia Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Top 10 Richest Men In Uganda 1. Alykhan Karmali is among the richest people in Uganda born to immigrants. The per capita income in Uganda in 1999 was approximately US$650 annually. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. He is also one of those that derive most of their wealth from the political arena. 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. 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. Uganda is an East African country with a thriving economy. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. [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. 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. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. Here are the Top 10 Richest Ugandan Artists and their Net worth . Save my name, email, and website in this browser for the next time I comment. 3 August 2017, 9:10 am. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. 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. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Uganda is an East African country with a thriving economy. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. . 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. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. Thats all about the richest men in Uganda. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. In 2014, Galla won the seat by a margin of 69,111 votes. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. This also drags him into the list of the richest men in Uganda. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. 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. Today, there are numerous churches available for worship in Uganda. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Rebecca is also the richest female politician in the country. Nakumatt was one of the largest privately-owned supermarkets in Kenya, Uganda, Tanzania, and Rwanda, which has more than 7,000 people in its paid list and with annual sales of well over US$650 million. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. However, despite being a rich and developing country, Uganda also houses numerous millionaires and billionaires. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. Top 10 Richest Politicians In Uganda 1. Copyright 2023 Daily Express 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. 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. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Patrick Bitature net worth is $100 million. 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. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. He has been in the parliament since 1980 and he was the former President of the 69. He was also a member of the Presidential Investor Roundtable. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. He is also the Uganda Manufacturers Associations chairman. The unlikely social media star owns a 15 per cent stake in a capital . Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. Jyotsna Ruparelia. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Real Estate, Hospitality, International trade. Afterward, he became a distributor of Goodyear tyres in Rwanda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. He has also been on the spotlight for promoting homophobia in Uganda. 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. Bobi Wine - Net Worth $7.3 million . Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. 1. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. He was also awarded an honorary doctorate from Makerere University. The richest people in Uganda 2022 include native Ugandans as well as businessmen who are born to immigrants. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. 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. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. John Bosco Muwonge tops the list of richest people in Uganda in 2022. 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. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. Sudhir Ruparelia Ranking number one on the top ten list of richest Ugandan milionaires is the founder, CEO, and major shareholder of Ruparelias Group of Companies, Sudhir Ruparelias. She has wealth in Land and real estate in Jinja and Kampala. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. He came into the parliament in 2016 as a rich individual. Source: Roofing sheets. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Haruna Sentongo is another new entrant on the top 10 wealth list. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. However, many backbench MPs. Besides the Millions he receives monthly as a Member of Parliament for Kyadondo East, Bobi Wine has a chain of investments, for example, One Love Beach . These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. The company is usually regarded as Ugandas biggest seller of MTN airtime. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. 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 then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. Hon. He is one of those that put their focus on the communication sector in the country. 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. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. The company is now a leading transporter in East and Central Africa. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. John is believed to be the second richest politician in Uganda. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. Net Worth 2022 - $500,000. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. He is also a philanthropist, real estate developer, lawyer, and author. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. 2023 BigEye.UG. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. LONDON The latest register of members of parliament's financial interests shows that all 11 of the highest earning backbench MPs are Conservatives, and only two are women. He came into the parliament in 2016 as a rich individual. Muwonge could be valued at usd1.8 billion. Session of the United Nations General Assembly. Muwonge could be valued at usd1.8 billion. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. 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. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Top 7 Richest politicians and MPs in Uganda. Find out more here! The hotel is the biggest hotel in the whole Northern part of Uganda. Afterward, he became a distributor of Goodyear tyres in Rwanda. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Alykhan Karmali is among the richest people in Uganda born to immigrants. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. 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 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. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. Geoffrey Lutaaya. 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. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Helen Adoa is one of the most recognized and famous politicians in Uganda. Mr John owns several properties in Kampala, including Freedom City Mall, which cost him US $1 million, Capital House, Naiga Chambers, and several other prominent properties. The list is not exhaustive, and net worth values are hard to determine.[3]. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. A BigEye Uganda Media Company. Additionally, the hotel is a three-star hotel. Harunas aim is to turn the Kisenyi surbubs onto a new Kampala since the population is already there he is mainly based in agro markets for agro stores for all agro produce in uganda. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. Uganda discharges last known Ebola patient, health ministry says. Uganda Breweries Ltd came into existence shortly after World War II in 1946. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. Here is the list of top 10 Richest Men in Ghana. 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. In 2010, he was chairman of the Uganda Securities Exchange. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. Sudhir Ruparelia is the richest person in Uganda. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Tags. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. 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. Alph Lukau - $1 Billion. 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. Dr. Sudhir Ruparelia. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. This has significantly added to the improvement of the economic condition of the country. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. Alykhan is known as a reputable and diligent businessman in Uganda. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. (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. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. He is a business expert, a politician, and a journalist. Also, she is known to be the voice of the numerous women in the country. Richest People. His former richness is William Byaruhanga homophobia in Uganda in Uganda from 2018 to 2022 competing with other individuals! Numerous women in the parliament in 2016 as a reputable and diligent businessman in Uganda born to.... 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