[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. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. 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. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. 4. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Contacts of Mps in the 11th by Daily Express The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Christine Nabukeera is known among the rich circles as Senga Nabukeera. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. He is the chairman and principal stakeholder of the Ruparelia Group's firms. 11.Sembule Family- They own Sembule Steel Rolling . Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. 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. Bobi Wine is the richest musician in Uganda today. He is the chairman and principal stakeholder of the Ruparelia Groups firms. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. In 2010, he was chairman of the Uganda Securities Exchange. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. Additionally, she is considered as one of the powerful women in the country. He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. He definitely has numerous sources of income. Pastor Joseph Sserwadda. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Under the leadership President Yoweri Museveni, these people have amassed large . He was also awarded an honorary doctorate from Makerere University. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. 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. Uganda discharges last known Ebola patient, health ministry says. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. This is because he is a known and important figure in the sector. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. 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. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. Hon. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. Bob Kabonero is a Ugandan businessman and entrepreneur. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. The controversial preacher is said to be the richest pastor in Africa with an . Session of the United Nations General Assembly. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. He is an entrepreneur, businessman, and author. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. 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. This investment has been known for driving a huge amount of money into Johns bank account. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. He is a business magnate who has been venturing into textile and alcoholic beverages trading from a shop in Luwum Street, Kampala which later gave birth to Dembe Enterprise before expanding into what is currently known as Dembe Group of Companies. Rebecca is also the richest female politician in the country. 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. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. 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. Patrick Bitature net worth is $100 million. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. Also Read:Top 10 Richest People in Africa. Banyankole. These businessmen have made their wealth by investing in different sectors. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. Net Worth 2022 - $700,000. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Mohamed Ali is Nyali Constituency's member of parliament. The MPs, especially Senyonyi, praised long serving CFO Paul Turyayicenga for saving Uganda Airlines when he blocked Abavator 's $404,000 invoice because it was over payment. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. He was appointed as the Attorney General in the country by Museveni. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. He is worth USD1 billion. As an MP and chancellor, Mr Sunak's government salary is 151,649. Real Estate, Hospitality, International trade. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. 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. Alykhan is also one of the major investors in the banking and manufacturing sectors. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Tags. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. 7. Shaikh Mohammed bin Rashid al Maktoum. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. Just like Yeri, she has made massive investments in the educational sector. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. 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. He is currently the chairman and the major shareholder of the Aya Group of companies. 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 addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. The unlikely social media star owns a 15 per cent stake in a capital . 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. Geoffrey Lutaaya. Alykhan Karmali is among the richest people in Uganda born to immigrants. Helen Adoa is one of the most recognized and famous politicians in Uganda. Zambia. 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 was worth $ 500 million by 2021. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. In 2013, he was appointed Knight of the Order of Saint John. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. Just like many other entrepreneurs in the country. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. 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. Thats all about the richest men in Uganda. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. Among the richest MPs in India, Ravindra Kishore Sinha, popularly known as RK Sinha was born on 22 September 1951 in Buxar, Bihar in India. 2 Dec . 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. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. 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. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! Bobi Wine is also one of the Richest politicians in Uganda. This article, therefore, presents to you the top ten richest Ugandans including their net worth. 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. 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. Top 10 Richest Politicians In Uganda 1. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. However, many backbench MPs. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. Patrick Bitature is one of the wealthy personages in Uganda who has been known for harness his wealth from his giant telecommunication company known as Simba Telecom. Universities, schools, real estate, animal skins and hides, hospitality. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. 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. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. 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. She has been in the political system since 1989. In fact, in 2015, these commodities boosted the economy of the country massively. 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. However, Newslex point research team analyzed a few successful young men in Uganda who have managed to become their own bosses by creating their own businesses, they are truly innovative and inspirational young entrepreneurs in the country with multi-billions. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. According to Forbes, he has a net worth of $900 million. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. He is in top 10 richest people in Uganda. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. Please enter your username or email address to reset your password. 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. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. The richest and wealthiest MPS and politicians Contents General Salim Saleh President Museveni Sam Kuteesa Thomas Tayebwa John Chrysestom Muyingo Bobi Wine Rebecca Kadaga General Salim Saleh Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Simba Telcom is the largest selller of MTN airtime in Uganda. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. In fact, almost all posh hotels in Eastern Uganda belong to her. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Save my name, email, and website in this browser for the next time I comment. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. The current list of wealthiest politicians in Uganda. Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. Mr. Mbire has made his wealth by investing in diverse sectors. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. 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. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Among the table posts Charles held, he was chairman of the Uganda Securities Exchange in 2010, a member of the Presidential Investor Roundtable, which includes an elite group of businesspeople advising the President of Uganda on how to best improve the competitiveness and business conditions of the country. 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. The project, costing millions of dollars, is funded by Kiggundus company. 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. businessdaily. 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. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Haruna Sentongo is another new entrant on the top 10 wealth list. Albert Muganga Currently, he is the chairman and a majority shareholder in the Aya Group of companies. 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. Read also. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. She is also one of the property moguls in Kampala. This came as a recognition of his contribution to the countrys economic progress. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 2. Additionally, the growing economic condition provides numerous employment opportunities for the youths of the country. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. He came into the parliament in 2016 as a rich individual. His elder . 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. Ronald Mayinja. Richest Politicians. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. In May 2015, he was re-elected to a second and final two-year term. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. He is also one of those that derive most of their wealth from the political arena. All MPs earn a basic salary of 74,000 a year, with . As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. Other notable posts Charles has served include being the chairman of the Uganda Securities Exchange in 2010, a member of the Presidential Investor Roundtable which comprises an elite group of businesspeople who give advice to the President of Uganda on how best to improve the business competitiveness and conditions in the country. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. 3. The list is not exhaustive, and net worth values are hard to determine.[3]. This is mainly because of his behavior towards tackling unemployment in the country. He is actually a lawyer and a politician. When genocide erupted in Rwanda in 1994, he fled to Tanzania. 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. Famous millionaires is Patrick Bitature private gated community that will accommodate 500 luxury homes in a.. Stores in Kisenyi and sources say this is not exhaustive, and others Schoo,,. Speaker of parliament and also the richest men in Uganda and the University of Nairobi alumnus one... 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