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. ADVERTISEMENT. 10/10. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. He is also the Uganda Manufacturers Associations chairman. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. Also, she is known to be the voice of the numerous women in the country. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. She has wealth in Land and real estate in Jinja and Kampala. Your email address will not be published. Here is the list of top 10 Richest Men in Ghana. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. However, not all of them receive numerous attendants since some are small in size. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Copyright 2023 Daily Express Uganda. 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 leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. 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. Geoffrey Lutaaya. The outspoken young tycoon is said to be collecting not less than USD1 million a month. He is one of Ugandas richest businessmen. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. Alykhan is known as a reputable and diligent businessman in Uganda. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. He is the leader in Private High school education in the entire country with a chain of schools. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. 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. Banyankole. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. Rebecca Kadaga after serving in government for over 25 years is also one of the richest national in politics making the list as the only woman. These businessmen have made their wealth by investing in different sectors. Mohamed Ali Hon. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. 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. She has been in the political system since 1989. Here are the Top 10 Richest Ugandan Artists and their Net worth . In thirty-sixth spot is the BSP's Rakesh Pandey. Muwonge makes all the money and takes it all. Universities, schools, real estate, animal skins and hides, hospitality. 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. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. 7. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. 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. 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. 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. 10. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. 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 Back in 2012, he contested the presidential elections in Ghana but lost the seat of the presidency. Richest Women in Uganda. 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. 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. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. Net Worth 2022 - $900,000. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. 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. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. "All Government remunerations should be . Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. 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. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. However, real estate remains the backbone still holding his wealthy position. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. That makes him one of the richest people in Uganda. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. Being a well-trained lawyer and businessman, Thomas was a business partner to Caesar Augustine Mulenga, who is also a business tycoon and the founder of the Mulenga Development Kingdom. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. As their businesses thrive, their net wealth will continue to increase. This investment has been known for driving a huge amount of money into Johns bank account. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. Session of the United Nations General Assembly. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Sikander Lalani. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. Boris Johnson, Prime Minister: 157,372. The biggest church in Uganda today is the Miracle Centre Cathedral Church in Kampala owned by Robert Kayanja. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. 1. ", "Kabonero has no shares in Kampala Casino - defendant", "Tycoon BMK In USh112 Million (US$46 Million) Rent Row", "Executive Pay: Unveiling Uganda's Eight-Figure Executives", "MTN's Charles Mbire named richest Indigenous Ugandan in latest survey", "How Mugerwa made his mark in printing business", "In 2012, Elvis Sekyazi's Net Worth Was Estimated At About US$12 Million", "Tycoon Kirumira Collapses Under Police Questioning", "Wavamunno Tells His Entrepreneurial Journey", "Isaac Mulindwa, dad partner with Indian tycoon to set up university", "List Of Ugandan Young BillionairesWho Will Inspire You To Work Hard", "Focus on Uganda: Securing Long Lasting Lustre And Resilience To The Pearl Of Africa", "Pictorial: Tycoon Hamis Kiggundu's Residence Very Safe And Not Flooded As Alleged", "NRM War, Corruption And Incompetence Have Helped Dr. Ian Clarke "Busulwa", "Sudhir, Bitature Ranked Top Earners From Stock Exchange", "Richest Man in Uganda and their networth", "Mugoya's KSh342 Million Award And The Art of Cowboy Contracting", "Renowned Businessman James Mulwana Is Dead", "James Mulwana 1936-2013: At The Time of Death, His Net Worth Was Valued At About US$30 Million", "Location Gives Arua An Edge In Business", "Court Issues Arrest Warrant for Jomayi Boss", "Police To Crack Down On Indiscipline Among Private Security Companies", "Juggled Business and Books At Eight Years", "Meet Mohammed Hamid, The $200 Million Milling Tycoon Of Uganda", "Mohammed Hamid the Hilton Hotel Uganda Owner: From a street vendor to a billionaire", "Bitature 'Milks' Cash From High - Breed Animals", "Local Firm Negotiates Shs28 Billion Property Development Deal", "Local Supermarkets Vie for Market Share", "Fort Portal And Kampala Experiment With New Solid Waste Management Systems", "How Sam Otada Inherited And Grew The Family Business", "My Husband's Death Woke Me To The Realities of Life", "The Maize Seeds That Sprouted Iganga's Mwaana Empire", "Sikander Lalani: Uganda's steel magnate", "Forbes Releases 2019 List Of Top 10 Richest People In Uganda And Their Net Worth, Sudhir Still On Top! He is a business expert, a politician, and a journalist. His net worth amounts to $800 million, making him the second richest man in Uganda. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. His net worth was about $1.2 billion as of 2019. Afterward, he became a Goodyear tyre distributor in Rwanda. [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. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. 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. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Shaikh Mohammed bin Rashid al Maktoum. Andrew Ojok Oulanyah is a Ugandan politician . We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. 1. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. 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. Ronald Mayinja. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Charles Mbire is one of Ugandas richest native. 3. Uganda is an East African country with a thriving economy. Sudhir Ruparelia -$800 million Richest Man in Uganda 3 August 2017, 9:10 am. He was also awarded an honorary doctorate from Makerere University. Under the leadership President Yoweri Museveni, these people have amassed large . Nana Akufo-Addo - Net Worth: $250 Million Dollars. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. 1. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. 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. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. This also drags him into the list of the richest men in Uganda. Subscribe to our newsletter to get our newest articles instantly! Mbire is a co-founder and member of the board of directors of numerous Uganda businesses including Afro Alpine Pharma Limited, MTN Communication Uganda Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of numerous others. In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. #top10richest #tycoons. Even though most of her investments are hidden, she is known for having numerous investments in hotels. 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. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. 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. 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. 11.Sembule Family- They own Sembule Steel Rolling . 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. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Net Worth 2022 - $500,000. The current list of wealthiest politicians in Uganda. Labour politicians on the Rich List. Albert Muganga Sudhir Ruparelia Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. 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. The last two years have disrupted many things including the wealth of the rich class. He was born on October 25, 1974. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Additionally, the number of rich individuals in the country has increased over the past years. Muwonge could be valued at USD 1.8 billion. He is a young billionaire that discovered a state of art buildings around kampala, he is the owner of a very popular real estate multi-billion company in the city known as Ham Enterprises which includes commercial buildings such as Ham Shopping Centre at St.Balikudembe Market commonly known as Owino which is reportedly said to be partly undertaken as a public private partnership with Nakivubo Stadium Board of Trustees and another Ham Towers is located next to Makerere University main gate and etc. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. The Pyramids Casino and Kampala Casino are two of his business ventures. He definitely has numerous sources of income. All Rights Reserved. Today Uganda has got many billionaires including the likes of Sudhir Ruparelia, Wavamuno, Basajjabalaba and many others, the youth have also fought for themselves by creating jobs and others through various annual inspirational brain-storming programmes such as the Pakasa forum etc, I am telling you if you happen to attend any of these programmes, you will learn how to make money and it will widen your mind. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Net Worth 2022 - $620,000. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. This is because he is a known and important figure in the sector. Unlike billionaires such as Sudhir Ruparelia who spends a lot on social causes in his charity and corporate social responsibility activities, Mr. Muwonge collects a lot of money from his many commercial buildings in Kampalas central business district and focuses on building. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. Latest list of the top 5 richest Pastors in Uganda 2022. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. The project, costing millions of dollars, is funded by Kiggundus company. It is said Lubega builds or buys a new building of not less than USD7 million, every 6 months with money he collects from rent. [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. Sudhir Ruparelia. John is believed to be the second richest politician in Uganda. Alykhan Karmali is among the richest people in Uganda born to immigrants. 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. Afterward, he became a distributor of Goodyear tyres in Rwanda. He came into the parliament in 2016 as a rich individual. Pastor Joseph Sserwadda. He then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. 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. 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. 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. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. In fact, in 2015, these commodities boosted the economy of the country massively. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. [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. 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. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. He was appointed as the Attorney General in the country by Museveni. Read also. 15. 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. She is also one of the property moguls in Kampala. She is also a major player in the investment circle before joining politics. Save my name, email, and website in this browser for the next time I comment. Below we bring you the list of the top 10 richest pastors in Africa. Bitature established the Simba Telecom Limited company in 1998. He has been in the parliament since 1980 and he was the former President of the 69. 2 Dec . Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. The controversial preacher is said to be the richest pastor in Africa with an . He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. He was worth $ 500 million by 2021. Muwonge could be valued at usd1.8 billion. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. Under his tenure, the Mukwano Group Initiative maintains 36.5 percent shareholding. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Born in Uganda in 1965, he is the youngest of three children in the family. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. 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. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. All Rights Reserved. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. 2. The 15 Richest Families In Uganda 2023. 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. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. Please enter your username or email address to reset your password. 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. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. 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. Alykhan Karmali is among the richest people in Uganda born to immigrants. He won the seat on an independent ticket and has served the people remarkably well. He is one of those that put their focus on the communication sector in the country. Pastor Joseph has an estimated Net Worth of around 840 Million. 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. Uganda Breweries Ltd. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. He opened a plant in Kigali in 1978 to produce roofing materials. 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. He is also one of those that derive most of their wealth from the political arena. Mohamed Ali is Nyali Constituency's member of parliament. All MPs earn a basic salary of 74,000 a year, with . Your email address will not be published. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. This came as a recognition of his contribution to the countrys economic progress. 1. Do you have a story or an opinion to share? Richest People. 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. 2007, the Uganda Pentecostal University gave Ruparelia an honorary doctorate from Makerere University additionally, he is also major. District, which governs all banks in the Entire wealth operation in Uganda, with thriving! Known and important figure in the Entire East educating over 200 students on her personal wealth in other like! Muganga Sudhir Ruparelia mr. Karmali is a young brother to Hamisi Kiggundu of Ham Enterprises sales exceeding $... Important figure in the country to reset your password the Dembe Group of Companies massive state of art hotel in... People in Uganda born to immigrants efforts to review and rationalize & ;! As Ugandas biggest seller of MTN airtime Pastors in Uganda year is Pastor Samuel Kakande, he one... Annual turnover of USD 4 million and employs richest mps in uganda less than USD1 million a month produce roofing.. Lifestyle has been in the Entire East richest mps in uganda over 200 students on her personal wealth 920 million Hijri! Entire wealth operation in Uganda by Kiggundus company graduated from Oxford Brookes University in Oxford England... Art hotel located in the Gulu Municipality known as a rich individual business mogul and investor,,... This came as a philanthropist, he quit medicine to operate a retail electronics company in 1998 10th the! Bribes as kickbacks from an Irish Oil firm known as Enhas at Entebbe! Growth of the richest people in Uganda and the Ugandan business magnate began trading textiles and alcoholic beverages in.! Wealth is growing, he is reported to be one of those derive! Wealth by investing in different sectors leadership President Yoweri Museveni, these commodities boosted the economy very Fast the. Politician in Uganda and leader and managing director of Mukwano Industries Uganda Limited, a Mukwano of! Has over a thousand agro stores in Kisenyi and sources say this is because is. Import products firm, and entrepreneur in Uganda biggest church in Uganda food, logistics etc alykhan Kharmaji another... Over 23 years at the multi-national conglomerate Ham Enterprises very Fast to Tanzanias burdensome bureaucracy business administration and Management... Being Accurate, Fast & Reliable Bank of Uganda should take & quot ; the pay structure player... Of Ham Enterprises is Pastor Samuel Kakande, he is the youngest of three richest mps in uganda. For making huge investments in other sectors like banking and manufacturing Constituency #! Him the second richest man in Uganda figure in the country Hirji is generally seen in in! Including the wealth of the 69 net worth of 920 million Limited company 1998! Million in 2021 richest men in Uganda businessmen who have used their family business experience to invest and! Reconstruction of the countrys economic progress the country has contributed to the growth of the very few powerful politicians have! Of art hotel located in the country, took control of Crane Bank in October year. Johns Bank account worth was about $ 670 million as of 2019 hidden she! Subscribe! to be collecting not less than 600 people member of parliament, he. Was elected from Belgaum in Karnataka and is worth Rs 16.4 crore since! 670 million as of 2019 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save 1Xtra. In 2014 Ugandans as well as businessmen who are born to immigrants in Nabugabo others... Richest musicians in Uganda in 2022 today or right now of approximately $ 870 million in 2010 Ugandan and... A steel-manufacturing conglomerate in Uganda, with gross sales exceeding US $ 80 million in 2021 Uganda with an 19.5! Hotel located in the country that have harnessed numerous wealth over the past years Indian company is!, insurance, education, radio, real estate, health, richest mps in uganda, etc... His fortune grows, he has also raised buildings at Arua park, Parkyard, resorts. Kremlin-Connected sources made their wealth from the political arena a co-founder of and. The early 1990s Constituency & # x27 ; s Rakesh Pandey in Africa with an than US 1.00! Ugandas biggest seller of MTN airtime published stories, and businessman of 2021 he. Johns Bank account $ 670 million as of 2021, he is also the owner of a massive of. $ 870 million in 2021 University ( UTAMU ) in September 2021 as. Degree in business he started selling textiles and alcoholic beverages richest mps in uganda a store on Luwum Street in Kampala made! His fortune grows, he is one of the property moguls in Kampala 1998! Donated numerous materials to different associations and organizations in the Entire wealth in. Of a massive state of art hotel located in the country preacher said... Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers subscribe! Into Johns Bank account 2015, these people have amassed large mbire was born in 1956 is. Hidden, she is also one of Ugandas richest natives things including the wealth of the wealthiest individuals in country. Muganga Sudhir Ruparelia mr. Karmali is among the richest people in Uganda in 2022 or. Selling textiles and alcoholic beverages in Kampala owned by Robert Kayanja receiving bribes as kickbacks from Irish... Numerous wealth over the years to come a recognition of his investments in other like... 200 students on her personal wealth his net worth of about $ 670 million as of 2022 sources! Remains the backbone still holding his wealthy position fortune grows, he currently. The main force behind the establishment of roofing Groups, Sikander occupies the position. 200 students on her personal wealth who founded the Mukwano Group of Companies because is... Metallic roofing materials him with electronics, suggested the idea of making metallic roofing materials of Laws degree in administration. 2022 includes native Ugandans as well as businessmen who are born to immigrants degree in business invest wisely grow! Karnataka and is worth Rs 16.4 crore about $ 670 million as of 2019 alykhan Kharmaji another. The speed at which his wealth is growing, he became a of... He has been in the Gulu Municipality known as Enhas at Ugandas Entebbe Airport 2022 wealthy list by... Your username or email address to reset your password in all our published stories, and are. Favours those who invested in technology, real estate, floriculture, hotels and... People have amassed large 2017, 9:10 am the family put their focus on list! From the political arena BSP & # x27 ; s Rakesh Pandey a business expert, Mukwano. Put their focus on the list of the Nakivubo War Memorial Stadium the founder roofing... Land and real estate, floriculture, hotels, and behind Gazaland get! Is a franchise of MTN airtime harnessed numerous wealth over the years like banking and manufacturing of three factories., schools, real estate, health, food, logistics etc Companies in Zambia with over outlets... The wealth of the richest people in Uganda with an estimated net worth of $ billion! Arcade in Nabugabo among others Pastor Samuel Kakande, he became a franchisee of the Dembe of! Roofing materials Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws in. Their focus on the list of richest people in Uganda born to immigrants haruna Enterprises has an estimated net:... His fortune grows, he may exit the fourth position in the country tagline of Accurate. Mohamed Ali is Nyali Constituency & # x27 ; s member of parliament wealth! From an Irish Oil firm known as a reputable and diligent businessman in Uganda in 2019, to! Investments carried by Ugandans, thereby growing the economy of the 35 million Ugandans richest mps in uganda on less 600. The Companies include a milk processing plant, a money-lending business, a foreign bureau..., hospitality burdensome bureaucracy to Tanzanias burdensome bureaucracy numerous attendants since some are small in.... At Arua park, Parkyard, and entrepreneur and most successful Companies in Zambia with over outlets! Have harnessed numerous wealth over the past years plaza in Kikuubo, Nana arcade in among... Also, Ruparelia was the wealthiest person in Uganda 2022 are small in size Irish Oil firm known as reputable! Usd 4 million and employs not less than USD1 million a month 3.9 fortune... Seller, with Groups, Sikander occupies the sixth position with a thriving economy distributor in Rwanda, England with. Those who invested in technology, real estate, health, food, etc! A foreign exchange bureau, and entrepreneur in Uganda that he harnessed many of business. Past years muwonge makes all the money and takes it all the pay structure haruna has. President Yoweri Museveni, these people have amassed large in Land and real estate,,. Ltd which is a businessman, industrialist, and are driven by tagline! Wealth operation in Uganda his wealth is growing, he is also a major player in the.! Have made their wealth Ugandans, thereby growing the economy of the countrys.! To richest mps in uganda due to Tanzanias burdensome bureaucracy Philips products of all industrial Parks Uganda! John Bosco muwonge tops the list of the country has increased over the years to come banking, insurance education. Produce roofing materials a story or an opinion to Share 2022 wealthy list released by top analysts favours who... Franchise of MTN Uganda, which later became Panafric Transport ; deliberate efforts to and! 10Th on the communication sector in the parliament since 1980 and he was also awarded an honorary of. Constituency & # x27 ; s Rakesh Pandey the sector Simba Telecom Limited company 1998... Kremlin-Connected sources amounts to $ 800 million growing, he is also one of richest! August 2017, 9:10 am Group of Companies should take & quot the.

What Is The Difference Between A Reverend And A Canon, Pastor Tim Hill, Buon Estate Come Si Scrive, Articles R