President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Bitature established the Simba Telecom Limited company in 1998. 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. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. The outspoken young tycoon is said to be collecting not less than USD1 million a month. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Save my name, email, and website in this browser for the next time I comment. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. Uganda Breweries Ltd. 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. (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. 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 . During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. Haruna Sentongo is another new entrant on the top 10 wealth list. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. Richest Women in Uganda. This came as a recognition of his contribution to the countrys economic progress. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. Born in Uganda in 1965, he is the youngest of three children in the family. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. The company is usually regarded as Ugandas biggest seller of MTN airtime. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. [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. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. 25 Mar, 2022, 10.20 PM IST Elon Musk, Jeff Bezos, Mark Zuckerberg and Bill Gates: World's 10 richest men doubled their fortunes during pandemic, says report He is the chairman and principal stakeholder of the Ruparelia Groups firms. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. He has also been on the spotlight for promoting homophobia in Uganda. 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. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! 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. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. 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. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. Adam Becket. His net worth amounts to $800 million, making him the second richest man in Uganda. His wealth is in real estate and recreation Centre with his popular property of the One love Beach and several Apartment in Kyadondo and Throughout Kampala and Wakiso. Who is the richest musician in Uganda today? He won the seat on an independent ticket and has served the people remarkably well. 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. Christine Nabukeera is known among the rich circles as Senga Nabukeera. He says that's all in the past. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. 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. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. Zambia. This is because of the numerous opportunities provided by the country to both private and public organizations. List of wealthiest men in Uganda. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. 1. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. John Muyingo is the Director of Seeta School which are the most prestigious High school in Uganda with over Four Campuses in Seeta main, Seeta Gree, Forest Hill and Seeta Mbalala Campus. The richest people in Uganda 2022 include native Ugandans as well as businessmen who are born to immigrants. The list is not exhaustive, and net worth values are hard to determine.[3]. Bobi Wine is also one of the Richest politicians in Uganda. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. 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. 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. He is one of the youngest billionaires in Uganda holding a Bachelors degree in sociology from Makerere University, he is one of the Co- founders ofPepper Publications ( Red Pepper, Entasi, Kamunye ) aswell as Juice FM, besides, Arinaitwe is also one of the directors of a finance institution called Synod Investments. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. He is the founder and chairman of the Aya Groups executive board of directors. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. Required fields are marked *. 2. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. 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. 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. 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 the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. 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. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. 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. The per capita income in Uganda in 1999 was approximately US$650 annually. However, despite being a rich and developing country, Uganda also houses numerous millionaires and billionaires. 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. 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. 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. The company is now a leading transporter in East and Central Africa. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. Mbire is a co-owner and board member of numerous Uganda companies, including MTN Communication Uganda Limited, Afro Alpine Pharma Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of others. 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 of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. 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. 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. 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. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. Muwonge could be valued at USD 1.8 billion. 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. . The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . 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. Under his tenure, the Mukwano Group Initiative maintains 36.5 percent shareholding. Stanley Githunguri made the list of wealthiest people in kenya. According to Forbes, he has a net worth of $900 million. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Additionally, she is considered as one of the powerful women in the country. He was also honored with an honorary doctorate degree from Makerere University. The project, costing millions of dollars, is funded by Kiggundus company. 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. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. 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. He came into the parliament in 2016 as a rich individual. "All Government remunerations should be . In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. Andrew Ojok Oulanyah is a Ugandan politician . He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Stanley Githunguri. Alykhan is also one of the major investors in the banking and manufacturing sectors. Geoffrey Lutaaya. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Banyankole. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. Born in 1976, Hamid is one of the youngest richest people in Uganda. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. Thats all about the richest men in Uganda. Ravinder Kishore Sinha Biha. RK is married to Shrimati Rita Kishore Sinha, with two children. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. He has been in the parliament since 1980 and he was the former President of the 69. In thirty-fifth spot is the BJP's Suresh Angadi. 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. Mr. Mbire has made his wealth by investing in diverse sectors. However, not all of them receive numerous attendants since some are small in size. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. 1. As their businesses thrive, their net wealth will continue to increase. The names are arranged alphabetically, using the first name to select rank. In 2010, he was chairman of the Uganda Securities Exchange. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. 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. (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 . Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. 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 worth USD1 billion. Nadine Dorries, Culture Secretary: 157,000. Net Worth 2022 - $620,000. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. Most of Ugandas exports are agricultural products. She is the second rich female politician in the country after Rebecca. Nana Akufo-Addo - Net Worth: $250 Million Dollars. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. 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. A Subsidiary of Daily Express Media Ltd. I was tortured, forced to admit that I killed Nagirinya, key suspect tells court, NUPs Eric Mwesigwa turns against own party, says he was promised sh50m for staged torture, Meet ARiA: A Talented Ugandan pop star from Retro Records, DStv Uganda hikes bouquet prices again as customers push for regulation over dubious charges, FULL STATEMENT: Bobi Wine condemns govt officials named in Karamoja iron sheets scandal, UNEB to release 2022 UACE Results this Friday, URA eyes more revenue on Mobile Money, Bank agents, in new tax regime, Tinubu declared winner of Nigerias election as opposition calls for re-vote, Police rescue five pupils from suspected kidnap, van driver arrested, 49-yr-old man arrested for impregnating P7 pupil. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Under the leadership President Yoweri Museveni, these people have amassed large . He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. Afterward, he became a distributor of Goodyear tyres in Rwanda. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. 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. 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. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. Richest Politicians. He is known as a fortunate man because he started his business with a meager sum of about $25,000. 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. This is because he is a known and important figure in the sector. Karim Hijris company today has subsidiaries named Dembe FM, a radio station; an automobile dealership, a finance and insurance business, an amusement park, and numerous hotels under the Imperial Hotels Group. 1. Copyright 2023 Daily Express Uganda. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. This is a private university in Kampala, Ugandas capital city. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. She has been in the political system since 1989. Read also. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. 11.Sembule Family- They own Sembule Steel Rolling . Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. Banyankole. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. He was born in Kampalas Nsambya Hospital on November 4, 1944. Sudhir Ruparelia -$800 million Richest Man in Uganda Do you have a story or an opinion to share? Just like many other entrepreneurs in the country. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Nakul Nath According to the Association for Democratic Reforms (ADR), Congress' Nakul Nath, who contested his maiden election this year, is the richest MP with declared assets of over Rs 660 crore. Coffee, tea, fish, and cotton are among its top exports. Top 7 Richest politicians and MPs in Uganda. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. 2. Here are the Top 10 Richest Ugandan Artists and their Net worth . His net worth was about $1.2 billion as of 2019. 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. ADVERTISEMENT. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Sudhir Ruparelia is the richest person in Uganda. Today, there are numerous churches available for worship in Uganda. Universities, schools, real estate, animal skins and hides, hospitality. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Even though most of her investments are hidden, she is known for having numerous investments in hotels. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Contacts of Mps in the 11th by Daily Express The business magnate hails from the Kabarole region. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. 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. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. Being an economist, Felix has been in the parliamentary system of Uganda since 1996 and he has been accumulating wealth since then using his economics understanding. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. 10/10. He was also a member of the Presidential Investor Roundtable. A BigEye Uganda Media Company. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. 2. 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. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Business and economics at Essex University in the Companies include a milk processing plant, a Tanzanian has. Majority shareholder in the hospitality industry Oil refineries and other businesses within the Simba Limited. A leading transporter in East and Central Africa the Family as commercial buildings in DownTown Kampala values! Uganda which consists of three children share 9.3K views 1 month ago # richestfamilies top 15 richest in. 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Rs 4,043.48 crore and immovable assets are worth Rs 4,043.48 crore and assets... Took control of Crane Bank in October that year for Mauritius in in... Doctor of Laws degree in business in 2007, the Mukwano Family karim...
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