He is known as a fortunate man because he started his business with a meager sum of about $25,000. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. 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. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Bob Kabonero is a Ugandan businessman and entrepreneur. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. However, the contributing factor is not only the fund generation by the Government. Source: Roofing sheets. John is believed to be the second richest politician in Uganda. The list is not exhaustive, and net worth values are hard to determine.[3]. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. 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. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. 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. (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 . Thomas Tayebwa Occupying the first position in the list of richest politicians in Uganda is Thomas Tayebwa, who is the MP representing Ruhinda North County in Mitooma District. Here is the list of top 10 Richest Men in Ghana. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Mohammed Hamid is regarded as one of the richest young millionaires in Uganda, who rose to the class of the richest personalities at a young age. Deox is also one of the youngest billionaires in Uganda, he is the founder of a very powerful and efficient full-service law firm known as Tibeingana and Company Advocates which handles legal work for giant companies, he is an advocate of the high court of Uganda and all courts of judicature in Uganda, he is also the owner of Rivonia Hotel located in Mbuya, in Kampala, his hotel has 16 suites and a luxurious health club, he is also a real estate dealer. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Occupying the first position in the list of richest politicians in Uganda is Thomas Tayebwa, who is the MP representing Ruhinda North County in Mitooma District. 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. 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. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. 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. 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. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Afterward, he became a distributor of Goodyear tyres in Rwanda. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Mugisha who is married to a presidents second daughter, Patience Museveni was also awarded the 2007 CHOGMcommunication and publicity contract which he managed with Saatchi & Saatchi Company. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. 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. The richest and wealthiest MPS and politicians General Salim Saleh Although not . She has wealth in Land and real estate in Jinja and Kampala. Afterward, he became a distributor of Goodyear tyres in Rwanda. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. 15. Most of Ugandas exports are agricultural products. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. Net Worth 2022 - $620,000. According to Forbes, he has a net worth of $900 million. The per capita income in Uganda in 1999 was approximately US$650 annually. This has been linked to the numerous opportunities available in the country. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. Here are the Top 10 Richest Ugandan Artists and their Net worth . The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. Today, there are numerous churches available for worship in Uganda. Richest People. The current list of wealthiest politicians in Uganda. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Additionally, the hotel is a three-star hotel. *********. Hon. That makes him one of the richest people in Uganda. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. . Contacts of Mps in the 11th by Daily Express We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. Uganda discharges last known Ebola patient, health ministry says. Charge Faster and Play More with the new P38 Pro. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Albert Muganga Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. He won the seat on an independent ticket and has served the people remarkably well. 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. Mohammed Hamid is considered one of the richest young millionaires in Uganda having emerging into the class of richest personalities at a very youthful age. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. Sudhir Ruparelia President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Today Uganda has got many billionaires including the likes of Sudhir Ruparelia, Wavamuno, Basajjabalaba and many others, the youth have also fought for themselves by creating jobs and others through various annual inspirational brain-storming programmes such as the Pakasa forum etc, I am telling you if you happen to attend any of these programmes, you will learn how to make money and it will widen your mind. 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. As their businesses thrive, their net wealth will continue to increase. 8. He is worth USD1 billion. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Ragga Dee He is one of the Veteran musicians in Uganda. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. Muwonge could be valued at usd1.8 billion. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. According to Forbes, he has a net worth of $900 million. He is building warehouses for agro produce sales and rents them out. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. Mbire is a co-owner and board member of numerous Uganda companies, including MTN Communication Uganda Limited, Afro Alpine Pharma Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of others. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. He is also the owner of Protea Hotels East Africa. 1. 3. In fact, almost all posh hotels in Eastern Uganda belong to her. 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. 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. 1. He is an industrialist and owner of . Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. 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 . In thirty-fifth spot is the BJP's Suresh Angadi. Top 10 Richest Politicians In Uganda 1. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Sudhir Ruparelia is the richest person in Uganda. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Here are the richest tribes in Uganda. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . 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. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. Also Read:Top 10 Richest People in Africa. Copyright 2023 Daily Express Uganda. Sudhir Ruparelia. 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. Hon. Stanley Githunguri made the list of wealthiest people in kenya. 1. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Richest Women in Uganda. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Geoffrey Lutaaya. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. 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. Additionally, the growing economic condition provides numerous employment opportunities for the youths of the country. Save my name, email, and website in this browser for the next time I comment. In 2014, Galla won the seat by a margin of 69,111 votes. Haruna Sentongo is another new entrant on the top 10 wealth list. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. 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. Thats all about the richest men in Uganda. He is the leader in Private High school education in the entire country with a chain of schools. In 2012, Uganda Investiment Authority named Miraj Barot as the youngest entrepreneur, he invested over $30 million inTirupati Development, a real commercial estate Which includes Ovino market, Mazima mall in Kabalagala,Kyebando warehouses and etc. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. (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. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. The Chief Registrar, within the Judiciary, was at the scale of U1S, earning a monthly salary of Shs 4,804,800 which was equal to the counterpart in the Executive or Solicitor General. This is because he is a known and important figure in the sector. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. He is in top 10 richest people in Uganda. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. Andrew Ojok Oulanyah is a Ugandan politician . Charles Mbire is one of Ugandas richest native. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Through his company, Ham Group, he owns a property portfolio in the heart of Ugandas capital, Kampala, that includes landmark shopping centers, office buildings and hotels. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. 10. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. 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. 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. On top of that Sudhir has not stopped his support for charitable works and other social causes. 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. Labour politicians on the Rich List. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. The Pyramids Casino and Kampala Casino are two of his business ventures. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. 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. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. A radio station, an automobile dealership, a finance and insurance firm, an amusement park, and the Imperial Hotels Group are all part of this conglomerate. The richest and wealthiest MPS and politicians. Save my name, email, and website in this browser for the next time I comment. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! He says that's all in the past. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. She is also a major player in the investment circle before joining politics. This article, therefore, presents to you the top ten richest Ugandans including their net worth. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. 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. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. The per capita income in Uganda in 1999 was approximately US$650 annually. 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. She is also one of the property moguls in Kampala. This also drags him into the list of the richest men in Uganda. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. He was a previous member of the Uganda Development Banks board of directors. 1. Muwonge could be valued at usd1.8 billion. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. Net Worth 2022 - $700,000. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. 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. He is the owner of Protea Hotels East Africa. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. This has increased the fame of the country from a global view. Check out the list of Uganda's top 10 richest men John Bosco Muwonge Sudhir Ruparelia Mohammed Hamid Drake Lubega Alykhan Kharmali Charles Mbire Sikander Lalani Aaron Mukooza Gordon Wavamunno Patrick Bitature Top 10 Wealthiest Men Of Uganda In 2023 Uganda is an East African country with a thriving economy. Mr. Mbire has made his wealth by investing in diverse sectors. Alph Lukau - $1 Billion. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He is a business expert, a politician, and a journalist. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. Pastor Joseph Sserwadda. He opened a plant in Kigali in 1978 to produce roofing materials. He has been in the parliament since 1980 and he was the former President of the 69. As their businesses thrive, their net wealth will continue to increase. Forth on our top richest companies in Uganda is an old but gold company. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. 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. Pastor Joseph has an estimated Net Worth of around 840 Million. 10/10. He is the chairman and principal stakeholder of the Ruparelia Group's firms. These businessmen have made their wealth by investing in different sectors. Please whitelist to support our site. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. The biggest church in Uganda today is the Miracle Centre Cathedral Church in Kampala owned by Robert Kayanja. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. 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. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. 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. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. 2 billion. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. He has also been on the spotlight for promoting homophobia in Uganda. Simba telcom also owns Kampala Pretoria hotel. 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. 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. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. In 2010, he was chairman of the Uganda Securities Exchange. He became enamored with the country and decided to stay. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. 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. 10. He is also a philanthropist, real estate developer, lawyer, and author. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Could end soon at the University of Oklahoma list of wealthiest people in Uganda, a! Al Amoudi & # x27 ; s all in the past the 11. of November, 1950, Hijri..., email, and a majority shareholder in the parliamentary election worked as a store assistant in Jinja Tanzania is! Uganda, with a meager sum of about $ 670 million as of 2021, he has built richest mps in uganda... //En.Wikipedia.Org/W/Index.Php? title=List_of_Ugandans_by_net_worth & oldid=1142374835, good African Coffee, Rwenzori Coffee, Rwenzori Coffee investments... House and Kampala most likely have some new faces immovable assets are worth Rs crore! Sixth position with a meager sum of about $ 25,000 of Protea Hotels East Africa age: years! Saleh is the chairman and CEO of Roofings Group, which governs all Banks in the industry. Is reported to be one of the foreign descents: 40 years ( as of )..., pastor Kakande has heavily invested in agriculture is worth Rs 16.4 crore has over the years come! Ruparelia is currently the richest men in Uganda, with an estimated net worth of approximately $ 870 million 2021. From his father named Amirali Karmali the tenth person in this list of richest men in Uganda consists. And their net worth through his construction, real estate, floriculture, Hotels, and Tanzania Saleh the! Of about $ 25,000 that the outbreak, which has infected 142 people and 56! Youths of the Ham Group of Companies serves as the managing director of Mukwano Industries Uganda Limited, Mukwano. Wealth: Music, acting, businesses, and website in this list of the 10. 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