Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Afterward, he became a Goodyear tyre distributor in Rwanda. 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. Banyankole. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. businessdaily. 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. In thirty-seventh spot is the BJD's Baijayant Panda. His term began on September 17, 2021, and will end in 2025. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. Most of Ugandas exports are agricultural products. 10. He is also the owner of Protea Hotels East Africa. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Read also. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. The controversial preacher is said to be the richest pastor in Africa with an . 1. 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 is actually a lawyer and a politician. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Your email address will not be published. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. He was also a member of the Presidential Investor Roundtable. In fact, he is one of the major investors in education most especially in the Seeta High Schools. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. 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. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. In May 2015, he was re-elected to a second and final two-year term. 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. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. According to Forbes, he has a net worth of $900 million. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. 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. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. Mohamed Ali Hon. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Irwin remains one of the richest people in Zambia in . He is known as a fortunate man because he started his business with a meager sum of about $25,000. 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 . With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Being President for over 38 years he has immersed wealth controlling milk production and Distribution in Uganda with his Ankole Rwakitura Farm and other farms in Ankole. 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. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. 3. Top 10 Richest Politicians In Uganda 1. This is a private university in Kampala, Ugandas capital city. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. Although he is no longer in service of the government, he is very wealthy. His elder . 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. 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. Hamis has invested in real estate, agro-processing, education, and technology among others. Pastor Joseph Sserwadda. Andrew Ojok Oulanyah is a Ugandan politician . In 2013, he was appointed Knight of the Order of Saint John. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. Sikander Lalani. Charge Faster and Play More with the new P38 Pro. 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. The Pyramids Casino and Kampala Casino are two of his business ventures. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Thats all about the richest men in Uganda. Check out the list of Uganda's top 10 richest men John Bosco Muwonge Sudhir Ruparelia Mohammed Hamid Drake Lubega Alykhan Kharmali Charles Mbire Sikander Lalani Aaron Mukooza Gordon Wavamunno Patrick Bitature Top 10 Wealthiest Men Of Uganda In 2023 Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. In 2017, the Ugandan government entered into a joint venture with Ham Group to effect major renovations at the stadium, involving an improvement to grounds, increasing seating from 30,000 to 35,000 and constructing retail shops inside the outside walls of the facility. Latest list of the top 5 richest Pastors in Uganda 2022. This is because he is a known and important figure in the sector. Banyankole. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. In thirty-fifth spot is the BJP's Suresh Angadi. 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. That makes him one of the richest people in Uganda. He is also the Uganda Manufacturers Associations chairman. 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. 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. Dr.Innocent is a veterinary doctor by profession and a young billionaire currently owning businesses like Club Amnesia, SMS company known asBlue Cube, Galaxy FM and he also invested in Real estates aswell as online betting businesses, before that he was also a marketing professional in a newspaper company known as Red Pepper. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. 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. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. The per capita income in Uganda in 1999 was approximately US$650 annually. Mohammed Hamid is regarded as one of the richest young millionaires in Uganda, who rose to the class of the richest personalities at a young age. 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. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. Also Read:Top 10 Richest People in Africa. A BigEye Uganda Media Company. 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. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Net Worth 2022 - $700,000. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Please whitelist to support our site. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. 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. [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. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. In 2014, Galla won the seat by a margin of 69,111 votes. Shaikh Mohammed bin Rashid al Maktoum. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. He was also awarded an honorary doctorate from Makerere University. 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. 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. Alph Lukau - $1 Billion. He was worth $ 500 million by 2021. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. She is also a major player in the investment circle before joining politics. The musician turned politician is arguably one of the richest musicians in Uganda. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Source: Roofing sheets. Dr. Sudhir Ruparelia. Under the leadership President Yoweri Museveni, these people have amassed large . Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. As their businesses thrive, their net wealth will continue to increase. 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. 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. 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. Real Estate, Hospitality, International trade. Additionally, the number of rich individuals in the country has increased over the past years. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. 2023 BigEye.UG. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. RK is married to Shrimati Rita Kishore Sinha, with two children. He is worth USD1 billion. This has significantly added to the improvement of the economic condition of the country. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. He is one of those that put their focus on the communication sector in the country. Alykhan is known as a reputable and diligent businessman in Uganda. 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. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Save my name, email, and website in this browser for the next time I comment. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He is the owner of Protea Hotels East Africa. Richest People. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He became enamored with the country and decided to stay. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. In 1987, he flew to Uganda for the first time to see his older brother, Mohammed El Hamid, who ran Pan Afric Impex, a commodity trading company. Required fields are marked *. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. However, the contributing factor is not only the fund generation by the Government. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. Muwonge is an allusive billionaire who is rarely seen in public. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. Mugisha is a young billionaire owning a public relations company known asTerp Consult which has got several lucrative contracts from the government, the major one being the US$1 million Gifted By Nature CNNmarketing campaign. Uganda is an East African country with a thriving economy. Also, agriculture has been known as a major contributor to the growth of the economy. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. Albert Muganga 2 billion. Ronald Mayinja. 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 Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. Boris Johnson, Prime Minister: 157,372. 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. (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? Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Ravinder Kishore Sinha Biha. Under the leadership President Yoweri Museveni, these people have amassed large . Known as a landlocked country in the East-Central of Africa, Uganda is a country known for exporting needed materials like coffee, fish, maize, cement, tobacco, sugar, hides and skins, cocoa beans, and a host of others. 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. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. To study engineering at the University of Oklahoma Nations General Assembly an automobile dealership, an amusement,... For fun because of his hit jams are Kiwani, Wendi, Aida, Mr,. Tullow Oil, as well as commercial buildings in DownTown Kampala ) license from UK.. 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