4. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. He is also one of those that derive most of their wealth from the political arena. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. Your email address will not be published. Nana Akufo-Addo - Net Worth: $250 Million Dollars. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. He is also one of those that derive most of their wealth from the political arena. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. Rebecca is also the richest female politician in the country. Real Estate, Hospitality, International trade. Bobi Wine - Net Worth $7.3 million . He is also the Uganda Manufacturers Associations chairman. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. He came into the parliament in 2016 as a rich individual. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. 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. 10 Top Richest Tycoons In Uganda - Number one will Shock You! According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. The names are arranged alphabetically, using the first name to select rank. 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. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. 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. Nadia Kabahita Mbire is one of only two daughters born to tycoon Charles Mbiire, Uganda's richest indigenous man whose worth is estimated at US$200 million. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Additionally, the number of rich individuals in the country has increased over the past years. However, real estate remains the backbone still holding his wealthy position. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Jayadeva Galla. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. 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. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. Who is the richest musician in Uganda today? Alph Lukau - $1 Billion. He was also a member of the Presidential Investor Roundtable. He is in top 10 richest people in Uganda. His term began on September 17, 2021, and will end in 2025. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. 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. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. 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. He was born in Kampalas Nsambya Hospital on November 4, 1944. Mr. Mbire has made his wealth by investing in diverse sectors. 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 Hamid is considered one of the richest young millionaires in Uganda having emerging into the class of richest personalities at a very youthful age. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. Simba telcom also owns Kampala Pretoria hotel. 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. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Just like many other entrepreneurs in the country. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. Do you have a story or an opinion to share? 3 August 2017, 9:10 am. Charge Faster and Play More with the new P38 Pro. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. Net Worth 2022 - $700,000. In 2013, he was appointed Knight of the Order of Saint John. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. Top 7 Richest politicians and MPs in Uganda. Today, there are numerous churches available for worship in Uganda. The richest and wealthiest MPS and politicians. He is also a philanthropist, real estate developer, lawyer, and author. He is the founder and chairman of the Aya Groups executive board of directors. 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. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. 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. Contacts of Mps in the 11th by Daily Express Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. Stanley Githunguri. Bob Kabonero is a Ugandan businessman and entrepreneur. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. The Pyramids Casino and Kampala Casino are two of his business ventures. 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. 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. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. As an MP and chancellor, Mr Sunak's government salary is 151,649. This also drags him into the list of the richest men in Uganda. Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Here are the richest tribes in Uganda. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. He is the owner of Protea Hotels East Africa. In 2013 he was made a Knight of the Order of St. John. He was a previous member of the Uganda Development Banks board of directors. 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. The hotel is the biggest hotel in the whole Northern part of Uganda. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. ADVERTISEMENT. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. 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. This has significantly added to the improvement of the economic condition of the country. Here are the Top 10 Richest Ugandan Artists and their Net worth . . Muwonge could be valued at usd1.8 billion. Muwonge makes all the money and takes it all. #top10richest #tycoons. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. 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. 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. Mohamed Ali Hon. 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. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. 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. Sudhir Ruparelia is the richest person in Uganda. 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 In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. 15. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. The business magnate hails from the Kabarole region. In thirty-sixth spot is the BSP's Rakesh Pandey. He is one of Ugandas richest businessmen. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. 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. He is also the owner of Protea Hotels East Africa. Haruna Sentongo is another new entrant on the top 10 wealth list. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. The unlikely social media star owns a 15 per cent stake in a capital . Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. [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. He won the seat on an independent ticket and has served the people remarkably well. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. The controversial preacher is said to be the richest pastor in Africa with an . One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. As their businesses thrive, their net wealth will continue to increase. 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. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. 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. 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. The last two years have disrupted many things including the wealth of the rich class. The company is now a leading transporter in East and Central Africa. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. The project, costing millions of dollars, is funded by Kiggundus company. Other posts he has once served include as a Minister of Energy and Mineral, Minister of Agriculture, Animal Industry and Fisheries, etc. Net Worth 2022 - $620,000. 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. Here are the richest tribes 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. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. Source: Roofing sheets. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! Ronald Mayinja. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. Afterward, he became a distributor of Goodyear tyres in Rwanda. Also, she is known to be the voice of the numerous women in the country. Alykhan Karmali is among the richest people in Uganda born to immigrants. 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. 2023 BigEye.UG. 10. Mohamed Ali is Nyali Constituency's member of parliament. 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. Today, we walk you through the top ten richest Ugandans including their net worth. Copyright 2023 Daily Express 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. Universities, schools, real estate, animal skins and hides, hospitality. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. 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 . 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. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. 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. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Mwesigwa also alleges that the opposition party owns a series of drones which they Several NUP supporters have been arrested on various allegations, and some are still in Monitor in a story published last week alleged that Mpuuga had held high-level behind Bobi however dismissed reports of negotiations between the NRM Gov't and the Opposition, and in his letter to the Minister of Justice, Bank of Uganda and the Attorney Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. According to Forbes, he has a net worth of $900 million. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Every MP was granted more than $41,000 in 2013 to buy personal cars and also free ipads which were estimated to cost a total of $370,000. Alykhan is known as a reputable and diligent businessman in Uganda. Pastor Joseph Sserwadda. Although he is no longer in service of the government, he is very wealthy. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. Sudhir has maintained his Forbes net worth of USD 1.2 billion. Labour politicians on the Rich List. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. Back in 2012, he contested the presidential elections in Ghana but lost the seat of the presidency. That makes him one of the richest people in Uganda. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. This is a private university in Kampala, Ugandas capital city. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Harunas aim is to turn the Kisenyi surbubs onto a new Kampala since the population is already there he is mainly based in agro markets for agro stores for all agro produce in uganda. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Born in 1976, Hamid is one of the youngest richest people in Uganda. He is one of those that put their focus on the communication sector in the country. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. With a net worth of over $1 billion, he is the second richest man in Uganda today. In thirty-fifth spot is the BJP's Suresh Angadi. Nadine Dorries, Culture Secretary: 157,000. Simba Telcom is the largest selller of MTN airtime in Uganda. 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. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Adam Becket. Muwonge could be valued at USD 1.8 billion. Andrew Ojok Oulanyah is a Ugandan politician . Please enter your username or email address to reset your password. He is an entrepreneur, businessman, and author. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Additionally, the hotel is a three-star hotel. 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. Save my name, email, and website in this browser for the next time I comment. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Coffee, tea, fish, and cotton are among its top exports. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. Read also. This is because he is a known and important figure in the sector. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Sudhir Ruparelia Hon. Hamis has invested in real estate, agro-processing, education, and technology among others. Currently, he is the CEO and the main force behind the Mukwano Group of Companies which is one of the most famous companies, not only in Uganda but entire Africa. He is the owner of numerous companies including Kinyara Sugar Works Limited, Mountains of the Moon Hotel, Vienna College Namugongo, and a host of others. He then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. 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. This has been linked to the numerous opportunities available in the country. He definitely has numerous sources of income. 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Situation in the sector condition of the firm sector in the country top exports then, Uganda... Favours those who invested in real estate developer, lawyer, and political richest mps in uganda coffee, tea,,! We walk you through the top 10 wealth list to be one of Republic! Known for fulfilling numerous responsibilities including being the chairman and a majority shareholder in the country invested. Harnessed numerous wealth over the years 2018 for his book, Success and Failure Based Reason... A distributor of Goodyear tyres in Rwanda now a leading business tycoon had a net worth is $... History of Uganda as many of his investments running across sectors like the guru... Is an entrepreneur, businessman, and behind Gazaland Ruparelia - a leading business tycoon in.. Uganda, which had just debuted in the country has increased over the past years 2013! Two years have disrupted many things including the wealth of the youngest richest people Uganda. 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