15. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Real Estate, Hospitality, International trade. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Labour politicians on the Rich List. 1. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. She has wealth in Land and real estate in Jinja and Kampala. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. 4. Sudhir Ruparelia. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. 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. Zambia. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. Richest Politicians. Additionally, the hotel is a three-star hotel. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. 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. Pastor Joseph Sserwadda. Source: Roofing sheets. However, many backbench MPs. 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. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. 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. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. He came into the parliament in 2016 as a rich individual. The per capita income in Uganda in 1999 was approximately US$650 annually. Muwonge could be valued at usd1.8 billion. 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. a street vendor in Kamwokya, one of the poorest neighborhoods 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. 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. The richest and wealthiest MPS and politicians General Salim Saleh Although not . The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families 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. Alph Lukau - $1 Billion. Andrew Ojok Oulanyah is a Ugandan politician . Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. Coffee, tea, fish, and cotton are among its top exports. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Simba Telcom is the largest selller of MTN airtime in Uganda. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. He is the current chairman of Crown Beverages Limiteds board of directors. Top 10 Richest Men In Uganda 1. Today, we walk you through the top ten richest Ugandans including their net worth. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. Universities, schools, real estate, animal skins and hides, hospitality. 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. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Bitature established the Simba Telecom Limited company in 1998. 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. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. Save my name, email, and website in this browser for the next time I comment. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. Charles Mbire is one of Ugandas richest native. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. 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. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Simba telcom also owns Kampala Pretoria hotel. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. 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. 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. In thirty-sixth spot is the BSP's Rakesh Pandey. Kimani is worth an estimated Kshs 500 million. Sudhir has maintained his Forbes net worth of USD 1.2 billion. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. 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. Muwonge could be valued at USD 1.8 billion. This is because he is a known and important figure in the sector. In addition to his accumulated wealth, he also owns two residential apartments both in Mitooma and Kampala, each of which is valued at a very high cost. Richest Women in Uganda. . Stanley Githunguri. 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. Top 7 Richest politicians and MPs in Uganda. 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. Although he is no longer in service of the government, he is very wealthy. Also, agriculture has been known as a major contributor to the growth of the economy. This also drags him into the list of the richest men in Uganda. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Banyankole. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. 3. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. He is the owner of Protea Hotels East Africa. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. 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 . Here are the richest tribes in Uganda. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. 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. In thirty-seventh spot is the BJD's Baijayant Panda. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. Being the MP representing Tororo Municipality, Yeri Ofwono came into the parliament in 2016 and has been able to accumulate numerous amounts of money-making him occupy the ninth position in the list of richest politicians in the country. She is also a major player in the investment circle before joining politics. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . Under the leadership President Yoweri Museveni, these people have amassed large . Alykhan Karmali is among the richest people in Uganda born to immigrants. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. With net assets of Rs 338 crore (Rs 3.38 billion), Doddaalahalli Kempegowda Suresh, better known as D K Suresh, is the only Congress member from Karnataka and the third richest MP. He took over from Dr. Kalonzo Musyoka, the former Vice President of Kenya, who served as the universitys founding chancellor for two terms, from 2013 to 2021. Rebecca is also the richest female politician in the country. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. Also Read:Top 10 Richest People in Africa. 2023 BigEye.UG. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. Richest Conservative MPs listed as second jobs bring in up to 1m each By Craig Meighan @CraigyMeighan Multimedia Journalist Share 1 Comments Theresa May, Owen Paterson (right) and Sajid Javid are among the highest earners in the House of Commons DESPITE earning more than 90% of UK earners, many MPs choose to take on second jobs. The current list of wealthiest politicians in Uganda. The business magnate hails from the Kabarole region. 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. Most of Ugandas exports are agricultural products. The company is usually regarded as Ugandas biggest seller of MTN airtime. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. Required fields are marked *. 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. ADVERTISEMENT. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. He was also a member of the Presidential Investor Roundtable. Ragga Dee He is one of the Veteran musicians in Uganda. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. In fact, he is one of the major investors in education most especially in the Seeta High Schools. He is also the owner of Protea Hotels East Africa. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. Uganda discharges last known Ebola patient, health ministry says. Alykhan Karmali is among the richest people in Uganda born to immigrants. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. He is an entrepreneur, businessman, and author. 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. Uganda Breweries Ltd. In thirty-fifth spot is the BJP's Suresh Angadi. His wealth is in real estate and recreation Centre with his popular property of the One love Beach and several Apartment in Kyadondo and Throughout Kampala and Wakiso. He says that's all in the past. 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. She is also one of the property moguls in Kampala. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. 2 billion. 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. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. This has been linked to the numerous opportunities available in the country. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. Just like many other entrepreneurs in the country. 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. Forth on our top richest companies in Uganda is an old but gold company. 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. According to Forbes, he has a net worth of $900 million. kenyahistory. Thats all about the richest men in Uganda. 1. 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. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. Top 10 Richest Politicians In Uganda 1. Under the leadership President Yoweri Museveni, these people have amassed large . Just like the Minister for Higher Education, he has also invested massively in the educational sector and is the owner of Victorious Educational Services and Special Plan Primary School. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. On top of that Sudhir has not stopped his support for charitable works and other social causes. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. 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. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. In 2013, he was appointed Knight of the Order of Saint John. He is the founder and chairman of the Aya Groups executive board of directors. Nana Akufo-Addo - Net Worth: $250 Million Dollars. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. 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. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. RK is married to Shrimati Rita Kishore Sinha, with two children. Helen Adoa is one of the most recognized and famous politicians in Uganda. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. 10. 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. He was a previous member of the Uganda Development Banks board of directors. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Nakul Nath According to the Association for Democratic Reforms (ADR), Congress' Nakul Nath, who contested his maiden election this year, is the richest MP with declared assets of over Rs 660 crore. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Hon. 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. His net worth amounts to $800 million, making him the second richest man 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. His net worth was about $1.2 billion as of 2019. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. He is also constructing a replica of the White House in Kampala, which upon completion will serve as the headquarters for some of the newer businesses he is developing an agro-processing company and a string of Web and mobile tech startups. Session of the United Nations General Assembly. Contacts of Mps in the 11th by Daily Express The Pyramids Casino and Kampala Casino are two of his business ventures. She is the second rich female politician in the country after Rebecca. 1. 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. 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. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. He was worth $ 500 million by 2021. He is also one of those that derive most of their wealth from the political arena. Dr. Sudhir Ruparelia. Muwonge is an allusive billionaire who is rarely seen in public. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. Sikander happens to be one of the oldest Ugandan entrepreneurs. 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. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Afterward, he became a distributor of Goodyear tyres in Rwanda. Mr. Mbire has made his wealth by investing in diverse sectors. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. Mohamed Ali is Nyali Constituency's member of parliament. 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. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. 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. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. In 2013 he was made a Knight of the Order of St. John. Please enter your username or email address to reset your password. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. Sudhir Ruparelia is the richest person in Uganda. 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. 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. Just like Yeri, she has made massive investments in the educational sector. 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