Sudhir Ruparelia -$800 million Richest Man in Uganda Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. 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. In thirty-sixth spot is the BSP's Rakesh Pandey. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. Like many of Ugandas richest men of foreign roots, Charles Mbire who is An entrepreneur and investor was born in 1959 in Mparo, Rukiga District. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. 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. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. Another interesting fact is that Charles Mbire didnt actually get off to a good start and his story has always served as a form of motivation and inspiration for aspiring business people and women. 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. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. He is the founder and chairman of the Aya Groups executive board of directors. *********. Additionally, she is considered as one of the powerful women in the country. Additionally, the hotel is a three-star hotel. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. Richest Politicians. Net Worth 2022 - $620,000. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. Other posts he has once served include as a Minister of Energy and Mineral, Minister of Agriculture, Animal Industry and Fisheries, etc. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Bobi Wine is the richest musician in Uganda today. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Pastor Samuel Kakande. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Top 7 Richest politicians and MPs in Uganda. A Subsidiary of Daily Express Media Ltd. 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Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. The outspoken young tycoon is said to be collecting not less than USD1 million a month. 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. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. On top of that Sudhir has not stopped his support for charitable works and other social causes. Labour politicians on the Rich List. Today he is the Co-founder and CEO of Mara Group which deals in IT services, real estates and Agricultures, he is also the Co-founder of Atlas Mara which is in partnership with Bob Diamond, a company that invests in commercial banking institutions in Africa, in 2013 both Ashish and Bob Diamond managed to raise $325 million in funding. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. Copyright 2023 Daily Express Uganda. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. He is an entrepreneur, businessman, and author. He is also a philanthropist, real estate developer, lawyer, and author. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. 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. Haruna Sentongo is another new entrant on the top 10 wealth list. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Muwonge is an allusive billionaire who is rarely seen in public. Boris Johnson, Prime Minister: 157,372. 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 last two years have disrupted many things including the wealth of the rich class. The hotel is the biggest hotel in the whole Northern part of Uganda. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. 7. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Sudhir Ruparelia is the richest person in Uganda. Ashish was born in United Kingdom in 1981 after his parents had moved to UK in 1972 when Idi Amin expelled Asians from Uganda, later the young Ashish and his family moved to Rwanda where they were also forced to leave due to 1994 genocide, they fled to Burundi for a while and later came to Uganda, at the age of 15, Ashish dropped out of school to begin his own business with a loan of $5000. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. 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. In 2018, Carl Irwin retired from the company aged 52. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. In fact, he is one of the major investors in education most especially in the Seeta High Schools. 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. 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. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. 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. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. 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. Simba Telcom is the largest selller of MTN airtime in Uganda. 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 is in top 10 richest people in Uganda. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. 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 "All Government remunerations should be . 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 . The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Muwonge could be valued at usd1.8 billion. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. 15. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. However, despite being a rich and developing country, Uganda also houses numerous millionaires and billionaires. 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. 10. A BigEye Uganda Media Company. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. He is also one of those that derive most of their wealth from the political arena. Just like many other entrepreneurs in the country. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. RK is married to Shrimati Rita Kishore Sinha, with two children. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. According to Forbes, he has a net worth of $900 million. She is also a major player in the investment circle before joining politics. 2. Sudhir Ruparelia is the richest person in Uganda. He is known as a fortunate man because he started his business with a meager sum of about $25,000. (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? We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. His elder . 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. 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. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. Sudhir has maintained his Forbes net worth of USD 1.2 billion. He is actually a lawyer and a politician. 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. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. The 15 Richest Families In Uganda 2023. (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. 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. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. Pastor Joseph has an estimated Net Worth of around 840 Million. 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. 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. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 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. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Real Estate, Hospitality, International trade. He has multiplied his stake in Kampalas CBD in the past couple of years and owns Namanda, Cooper complex, Cornerstone, Discount mall, Shamba complex, Shauriyako, Ggagawala, Namayiba bus terminal, Gwanda mall Kisenyi, Superior complex, New Arua park complex, he has a street in Nabugabo, and has over 40 construction sites in Kampala, plus over 400 acres of land in Kisenyi area. Under the leadership President Yoweri Museveni, these people have amassed large . List of wealthiest men in Uganda. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. The list is not exhaustive, and net worth values are hard to determine.[3]. 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. 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