But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Stanley Githunguri. According to Forbes, he has a net worth of $700 million. Here are the richest tribes in Uganda. Contacts of Mps in the 11th by Daily Express It is a common belief in Uganda that his company is the source of his wealth. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. 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. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. 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. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Do you have a story in your community or an opinion to share with us: Email us at, Presidents Museveni, Ramaphosa call for increase in trade between Uganda and South Africa, Rwenzori young people tipped off about youth-friendly services, MPs question Shs57 billion payment to US company, MPs approve Budget Framework Paper in readiness for Financial Year 2022/23 Budget. 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. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. 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. Please whitelist to support our site. 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. Uganda's new list of the wealthiest, according to sources, has also changed tremendously with big names such as Patrick Bitature, Charles Mbire, among others, dropping off the top 10 as previously reported. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Labour politicians on the Rich List. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. Jayadeva Galla. Universities, schools, real estate, animal skins and hides, hospitality. The richest and wealthiest MPS and politicians. Other posts he has once served include as a Minister of Energy and Mineral, Minister of Agriculture, Animal Industry and Fisheries, etc. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. The Pyramids Casino and Kampala Casino are two of his business ventures. Muwonge could be valued at usd1.8 billion. He is the founder and chairman of the Aya Groups executive board of directors. Forth on our top richest companies in Uganda is an old but gold company. University, hospitals, real estate, healthcare, health insurance, ambulances, hotels, Hotels, flour milling, transportation, international trade, bakery, mining, Shumuk Group of companies, real estate, aluminum recycling, hotels, Telecommunications, electricity generation, banking, insurance, hotels, resorts, ranching, real estate, Transportation, construction, telecommunications, real estate, This page was last edited on 2 March 2023, at 01:43. 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. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. Zambia. The per capita income in Uganda in 1999 was approximately US$650 annually. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. Additionally, the hotel is a three-star hotel. He came into the parliament in 2016 as a rich individual. Here are the richest tribes in Uganda. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. 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. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. Ravinder Kishore Sinha Biha. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. He is one of Ugandas richest businessmen. The book has also been voted as the best book of the year in the area of Business Motivation. Thats all about the richest men in Uganda. Back in 2012, he contested the presidential elections in Ghana but lost the seat of the presidency. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Banyankole. He is the current chairman of Crown Beverages Limiteds board of directors. 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. He was a previous member of the Uganda Development Banks board of directors. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Net Worth 2022 - $900,000. Simba Telcom is the largest selller of MTN airtime in Uganda. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Net Worth 2022 - $620,000. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. In thirty-sixth spot is the BSP's Rakesh Pandey. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. (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 . 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. 3 August 2017, 9:10 am. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. 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. Dr. Sudhir Ruparelia. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. 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 has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. 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. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. Karmali also sat on the board of directors of Exim Bank (Uganda), a commercial bank in which Karmalis Mukwano Group owns a 36.5 percent stake. 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. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. That makes him one of the richest people in Uganda. However, many backbench MPs. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Bobi Wine is the richest musician in Uganda today. Mbire is a co-founder and member of the board of directors of numerous Uganda businesses including Afro Alpine Pharma Limited, MTN Communication Uganda Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of numerous others. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Adam Becket. He was appointed as the Attorney General in the country by Museveni. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. 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. 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. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. 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. He is currently the chairman and the major shareholder of the Aya Group of companies. This came as a recognition of his contribution to the countrys economic progress. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. 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 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 has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Source: Roofing sheets. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. kenyahistory. Also, she is known to be the voice of the numerous women in the country. This investment has been known for driving a huge amount of money into Johns bank account. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. 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. Read also. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. 10. 2. Being President for over 38 years he has immersed wealth controlling milk production and Distribution in Uganda with his Ankole Rwakitura Farm and other farms in Ankole. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Irwin remains one of the richest people in Zambia in . 1. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. Net Worth 2022 - $700,000. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. Nana Akufo-Addo - Net Worth: $250 Million Dollars. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Today, we walk you through the top ten richest Ugandans including their net worth. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. 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. His term began on September 17, 2021, and will end in 2025. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. He was also awarded an honorary doctorate from Makerere University. He won the seat on an independent ticket and has served the people remarkably well. Banyankole. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. This is because he is a known and important figure in the sector. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. Mohamed Ali Hon. Do you have a story or an opinion to share? He opened a plant in Kigali in 1978 to produce roofing materials. Uganda Breweries Ltd. "All Government remunerations should be . Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Additionally, she is considered as one of the powerful women in the country. Save my name, email, and website in this browser for the next time I comment. According to Forbes, he has a net worth of $900 million. Helen Adoa is one of the most recognized and famous politicians in Uganda. 2 Dec . Muwonge could be valued at USD 1.8 billion. 2 billion. Born in Uganda in 1965, he is the youngest of three children in the family. According to Forbes, he has a net worth of $900 million. 1. 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. Although he is no longer in service of the government, he is very wealthy. 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. 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. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. All MPs earn a basic salary of 74,000 a year, with extra pay for those with other responsibilities such as ministers and the chairs of parliamentary committees. Charge Faster and Play More with the new P38 Pro. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. Pastor Joseph has an estimated Net Worth of around 840 Million. He is also the owner of Protea Hotels East Africa. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. Nadine Dorries, Culture Secretary: 157,000. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. Please enter your username or email address to reset your password. With a net worth of over $1 billion, he is the second richest man in Uganda today. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. She has wealth in Land and real estate in Jinja and Kampala. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. The gap in educational attainment between children from the richest and poorest families was a problem long before the .. Apr 28, 2021 Member of Parliament, Kyadondo County East, Uganda . Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. 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. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. Here are the Top 10 Richest Ugandan Artists and their Net worth . As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. 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. The unlikely social media star owns a 15 per cent stake in a capital . 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. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. 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. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Richest Politicians. 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 Muwonge could be valued at usd1.8 billion. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. 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. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. 1. 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. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. A BigEye Uganda Media Company. This is because of the numerous opportunities provided by the country to both private and public organizations. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. 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