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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. 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. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. 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. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. Net Worth 2022 - $700,000. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. Sudhir Ruparelia -$800 million Richest Man in Uganda 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. Required fields are marked *. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. 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. Additionally, the number of rich individuals in the country has increased over the past years. He was also awarded an honorary doctorate from Makerere University. In 2010, he was chairman of the Uganda Securities Exchange. Top 10 Richest People in Uganda (2022) and Their Net Worth, 10 Successful African Entrepreneurs With Amazing Beginnings, Success and Failure Based on Reason and Reality, 10 Most Influential Africans Making Incredible Impact In Africa And Beyond, 20 Richest Presidents in Africa 2022 with Their Net Worth, Top 10 African Restaurants in Houston You Need To Try, Top 10 African Restaurants in New York with Best African Food, Top 10 African Restaurants in Atlanta You Should Try. He is actually a lawyer and a politician. 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. Banyankole. Top 10 Richest Politicians In Uganda 1. 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Adam Becket. . Mohamed Ali is Nyali Constituency's member of parliament. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . All Rights Reserved. Pastor Samuel Kakande. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. Mohamed Ali Hon. Kimani is worth an estimated Kshs 500 million. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. Alykhan Karmali is among the richest people in Uganda born to immigrants. She is also one of the property moguls in Kampala. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. 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. However, many backbench MPs. Being an Uganda businessman, entrepreneur, industrialist, and histopathologist in Uganda, Sikander was given birth to on the 4. of October, 1944 in Nsambya Hospital, Uganda. With a net worth of over $1 billion, he is the second richest man in Uganda today. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Stanley Githunguri made the list of wealthiest people in kenya. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. 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. 2 Dec . We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. All MPs earn a basic salary of 74,000 a year, with . With a swooping revenue of 44.9 million USD as of 2016. Ravinder Kishore Sinha Biha. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. Mr. Mbire has made his wealth by investing in diverse sectors. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. 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. Sudhir Ruparelia. 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. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. 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. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. The musician turned politician is arguably one of the richest musicians in Uganda. He definitely has numerous sources of income. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. 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. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. 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. Muwonge could be valued at USD 1.8 billion. Additionally, the growing economic condition provides numerous employment opportunities for the youths of the country. His elder . But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. 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. 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. 1. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. 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. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. 10 Top Richest Tycoons In Uganda - Number one will Shock You! [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Uganda is an East African country with a thriving economy. Even though most of her investments are hidden, she is known for having numerous investments in hotels. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. This came as a recognition of his contribution to the countrys economic progress. According to Forbes, he has a net worth of $700 million. 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. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. Real Estate, Hospitality, International trade. Besides, Hirji was a renowned car racing driver in the 1970s. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. 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. 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. Albert Muganga Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. 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 has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Uganda discharges last known Ebola patient, health ministry says. 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. (Archived from the original on 4 March 2016), "Mulis Alykhan Karmali Enters Into Shs se Billion Deal for Construction of Acacia Mall, Kampala", "Five Ugandan Multi-Millionaires You Should Know", "Andrew Rugasira: Can Coffee Transform Lives In Africa? Sudhir got a setback with Bank of Uganda grabbed his Crane bank from him and later Covid19 affected his massive investments in the hospitality, education, and flower sectors. That makes him one of the richest people in Uganda. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. Hon. 2. Also Read:Top 10 Richest People in Africa. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Bobi Wine is the richest musician in Uganda today. When genocide erupted in Rwanda in 1994, he fled to Tanzania. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. Source: Roofing sheets. In fact, almost all posh hotels in Eastern Uganda belong to her. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. 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. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. 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. 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. 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. This investment has been known for driving a huge amount of money into Johns bank account. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. "All Government remunerations should be . Universities, schools, real estate, animal skins and hides, hospitality. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. Under the leadership President Yoweri Museveni, these people have amassed large . The names are arranged alphabetically, using the first name to select rank. 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. 10. 2. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. In this new Ugandas new list of the wealthiest, a lot has changed tremendously with big names such as Patrick Bitature, and Charles Mbire, among others, dropping off the top 10 as previously reported. In 2013, he was appointed Knight of the Order of Saint John. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. 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. His net worth was about $1.2 billion as of 2019. 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. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Save my name, email, and website in this browser for the next time I comment. With a net worth of approximately $300 million, he is one of the richest people in Uganda. This came as a recognition of his contribution to the countrys economic progress. He came into the parliament in 2016 as a rich individual. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Sudhir Ruparelia is the richest person in Uganda. Afterward, he became a distributor of Goodyear tyres in Rwanda. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Patrick Bitature net worth is $100 million. 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. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. He was also a member of the Presidential Investor Roundtable. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. This has increased the fame of the country from a global view. 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. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. 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. 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. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. This is mainly because of his behavior towards tackling unemployment in the country. Bitature established the Simba Telecom Limited company in 1998. Christine Nabukeera is known among the rich circles as Senga Nabukeera. (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. Ragga Dee He is one of the Veteran musicians in Uganda. Here are the Top 10 Richest Ugandan Artists and their Net worth . Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. Sikander happens to be one of the oldest Ugandan entrepreneurs. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Save my name, email, and website in this browser for the next time I comment. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. 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. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. 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. Uganda Breweries Ltd. He is an industrialist and owner of . Sikander is not only an industrialist, but he is also a pathologist who started as a dealer in a retail electronics store that specialized in the purchase and sales of Philips Brand IN Kigali. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Find out more here! Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. 4. 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. 2023 BigEye.UG. Also, agriculture has been known as a major contributor to the growth of the economy. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. MP and senior opposition leader Ken Lukyamuzi once told Aljazeera that they earn 15 million shillings as basic salary, which is about $6,100 every month. RK is married to Shrimati Rita Kishore Sinha, with two children. Uganda Breweries Ltd came into existence shortly after World War II in 1946. 15. 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. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Subscribe to our newsletter to get our newest articles instantly! Muwonge could be valued at usd1.8 billion. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. He is the leader in Private High school education in the entire country with a chain of schools. This has significantly added to the improvement of the economic condition of the country. 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. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. 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. He is in top 10 richest people in Uganda. He became enamored with the country and decided to stay. 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. Under the aegis of Mukwano Family, Alykhan Kharmali has claimed a notable position amidst the richest Ugandans, especially as he remains the main force behind one of Uganda's famous companies. However, the contributing factor is not only the fund generation by the Government. According to Forbes, he has a net worth of $900 million. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Thats all about the richest men in Uganda. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. 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. This is because of the numerous opportunities provided by the country to both private and public organizations. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. 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