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However, the contributing factor is not only the fund generation by the Government. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. In 2018, Carl Irwin retired from the company aged 52. Besides, Hirji was a renowned car racing driver in the 1970s. He was also a member of the Presidential Investor Roundtable. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. 1. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Hillary Onek also has a similar hotel in Kitgum District and he is currently setting up another multimillion structures as an extension of Bomah Hotel. 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. Comcraft had more than $2 billion in yearly revenue in 2015, employed over 30,000 people across three continents, and was Africa's largest steel maker. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Please whitelist to support our site. 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. 2. Nadine Dorries, Culture Secretary: 157,000. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. David Thompson spoke to Ipsos MORI chief executive Ben Page and The Times' associate editor Alice Thomson about the list, which sees Lord Ashcroft taking the gold spot, and Richard Benyon named as. 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. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Pastor Joseph Sserwadda. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Stanley Githunguri. 4. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. Rebecca is also the richest female politician in the country. Ravinder Kishore Sinha Biha. Net Worth 2022 - $500,000. According to Forbes, he has a net worth of $700 million. Net Worth 2022 - $700,000. 8 Things you Didnt know about Kelsey Rodriguez, 8 Things you Didnt know about Charlie Berens, 8 Things You Didnt know about Lydia Violeta, 10 Things You Didnt know about Chandler Hallow, 8 Things You Didnt know about Daddy Simz, 7 Things You Didnt know about Emmason Quaver, 10 Things You Didnt Know About Dr. Ian Clarke, 7 Things You Didnt Know About Jessica Alupo, 8 Things You Didnt know about Sara Maika, 8 Things You Didnt know about Inayah Mcmillan. He was born on October 25, 1974. Alph Lukau - $1 Billion. This has increased the fame of the country from a global view. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. In fact, he is one of the major investors in education most especially in the Seeta High Schools. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. He definitely has numerous sources of income. In 2014, Galla won the seat by a margin of 69,111 votes. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. Muwonge could be valued at USD 1.8 billion. 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. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Contacts of Mps in the 11th by Daily Express 1. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . 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. Uganda is an East African country with a thriving economy. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Here is the list of top 10 Richest Men in Ghana. The names are arranged alphabetically, using the first name to select rank. Sudhir Ruparelia is the richest person in Uganda. Although he is no longer in service of the government, he is very wealthy. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Kimani is worth an estimated Kshs 500 million. Pastor Samuel Kakande. He is also a philanthropist, real estate developer, lawyer, and author. This has been linked to the numerous opportunities available in the country. In thirty-seventh spot is the BJD's Baijayant Panda. He is the owner of numerous companies including Kinyara Sugar Works Limited, Mountains of the Moon Hotel, Vienna College Namugongo, and a host of others. According to Forbes, he has a net worth of $900 million. Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. 2 Dec . With the rate at which his wealth is growing, he may exit the fourth position in the years to come. Patrick Bitature net worth is $100 million. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. (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? Even though most of her investments are hidden, she is known for having numerous investments in hotels. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. 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. Stanley Githunguri made the list of wealthiest people in kenya. He was born in Kampalas Nsambya Hospital on November 4, 1944. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. Patrick Bitature is the seventh richest man in Uganda. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Net Worth 2022 - $900,000. He is worth USD1 billion. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. *********. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. Deox is also one of the youngest billionaires in Uganda, he is the founder of a very powerful and efficient full-service law firm known as Tibeingana and Company Advocates which handles legal work for giant companies, he is an advocate of the high court of Uganda and all courts of judicature in Uganda, he is also the owner of Rivonia Hotel located in Mbuya, in Kampala, his hotel has 16 suites and a luxurious health club, he is also a real estate dealer. And finally on the list, Haruna Mubiru. Sudhir Ruparelia. She is also one of the property moguls in Kampala. Session of the United Nations General Assembly. 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. 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. 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. Sikander happens to be one of the oldest Ugandan entrepreneurs. All Rights Reserved. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. Uganda's new list of the wealthiest, according to sources, has also changed tremendously with big names such as Patrick Bitature, Charles Mbire, among others, dropping off the top 10 as previously reported. Bobi Wine - Net Worth $7.3 million . Christine Nabukeera is known among the rich circles as Senga Nabukeera. Find out more here! 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. 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. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. 3 August 2017, 9:10 am. 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. 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. The controversial preacher is said to be the richest pastor in Africa with an . Afterward, he became a distributor of Goodyear tyres in Rwanda. 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. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. 15. He was also awarded an honorary doctorate from Makerere University. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. He worked with his older brother in the early 1990s until he started his first company called Pan Afric Commodities, which is also a commodities trading company. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. 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. John is believed to be the second richest politician in Uganda. John Sebalamu is a multiple property owner in Uganda credited with starting the culture of the now mushrooming shopping arcades in the heart of Kampala. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. Just like Yeri, she has made massive investments in the educational sector. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. The book has also been voted as the best book of the year in the area of Business Motivation. Sudhir has maintained his Forbes net worth of USD 1.2 billion. 8. Top 10 Richest People in Uganda (2022) and Their Net Worth, 10 Successful African Entrepreneurs With Amazing Beginnings, Success and Failure Based on Reason and Reality, 10 Most Influential Africans Making Incredible Impact In Africa And Beyond, 20 Richest Presidents in Africa 2022 with Their Net Worth, Top 10 African Restaurants in Houston You Need To Try, Top 10 African Restaurants in New York with Best African Food, Top 10 African Restaurants in Atlanta You Should Try. He became enamored with the country and decided to stay. Uganda is an East African country with a thriving economy. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . Adam Becket. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. 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. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. 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. With a net worth of over $1 billion, he is the second richest man in Uganda today. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. However, despite being a rich and developing country, Uganda also houses numerous millionaires and billionaires. Coffee, tea, fish, and cotton are among its top exports. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. Karmali also sat on the board of directors of Exim Bank (Uganda), a commercial bank in which Karmalis Mukwano Group owns a 36.5 percent stake. The project, costing millions of dollars, is funded by Kiggundus company. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. He now boasts of buildings including Giant shopping arcade in Kikuubo, Nakasero complex on Nakivubo road, Mid-city arcade on Nakivubo Road, Mackay Buildings on Old Rashid Kaharmis Road among others. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. This is a private university in Kampala, Ugandas capital 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 He has also raised buildings at Arua park, Parkyard, and behind Gazaland. When genocide erupted in Rwanda in 1994, he fled to Tanzania. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. Today, we walk you through the top ten richest Ugandans including their net worth. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. Save my name, email, and website in this browser for the next time I comment. Prophet Samuel Kakande Pastor Prophet Kakande, the chair of the Synagogue Church of All Nations in Mulago, Uganda, is the top among the top 10 richest pastors in Uganda in 2020. 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. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. The richest and wealthiest MPS and politicians. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Banyankole. 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. The gap in educational attainment between children from the richest and poorest families was a problem long before the .. Apr 28, 2021 Member of Parliament, Kyadondo County East, Uganda . He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. Source: Roofing sheets. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. He is an industrialist and owner of . Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. He is currently the chairman and the major shareholder of the Aya Group of companies. Being an Uganda businessman, entrepreneur, industrialist, and histopathologist in Uganda, Sikander was given birth to on the 4th of October, 1944 in Nsambya Hospital, Uganda. 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 . Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. The Pyramids Casino and Kampala Casino are two of his business ventures. 2023 BigEye.UG. This investment has been known for driving a huge amount of money into Johns bank account. On top of that Sudhir has not stopped his support for charitable works and other social causes. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. The per capita income in Uganda in 1999 was approximately US$650 annually. Charles Mbire is one of Ugandas richest native. 3. Copyright 2023 Daily Express Uganda. The current list of wealthiest politicians in Uganda. 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. Required fields are marked *. The richest and wealthiest MPS and politicians General Salim Saleh Although not . However, not all of them receive numerous attendants since some are small in size. The 15 Richest Families In Uganda 2023. This also drags him into the list of the richest men in Uganda. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. However, Newslex point research team analyzed a few successful young men in Uganda who have managed to become their own bosses by creating their own businesses, they are truly innovative and inspirational young entrepreneurs in the country with multi-billions. Jayadeva Galla. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Sudhir Ruparelia For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. "All Government remunerations should be . In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. 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. Your email address will not be published. Universities, schools, real estate, animal skins and hides, hospitality. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. The biggest church in Uganda today is the Miracle Centre Cathedral Church in Kampala owned by Robert Kayanja. Uganda Breweries Ltd came into existence shortly after World War II in 1946. 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. Ragga Dee He is one of the Veteran musicians in Uganda. 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. Today, there are numerous churches available for worship in Uganda. He is in top 10 richest people in Uganda. 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 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. [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. 2022 Hard Rock Media. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Boris Johnson, Prime Minister: 157,372. 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. 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. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. The company is now a leading transporter in East and Central Africa. 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. 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. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. She is also a major player in the investment circle before joining politics. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. Under the leadership President Yoweri Museveni, these people have amassed large . In addition to being an active businessman and entrepreneur, he is also a philanthropist and this has been supported by the enormous amount of money and properties he has donated in such course. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. 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. These businessmen have made their wealth by investing in different sectors. Born in 1976, Hamid is one of the youngest richest people in Uganda. 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. With a net worth of approximately $300 million, he is one of the richest people in Uganda. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. This article, therefore, presents to you the top ten richest Ugandans including their net worth. Banyankole. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Here are the Top 10 Richest Ugandan Artists and their Net worth . Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. 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. Afterward, he became a Goodyear tyre distributor in Rwanda. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Richest Women in Uganda. 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. He is also the owner of Protea Hotels East Africa. [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 2010 Investor Roundtable who invested in technology, real estate, animal skins and hides, hospitality New 138K... Grew their empires from Kikuubo as a store assistant in Jinja the rate at which his grows!, hospitality majority shareholder in the country has increased the fame of richest mps in uganda youngest richest people in.. Fast-Growing economy has donated numerous materials to various clubs and organizations in the list of top 10 richest in! 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Interests in other sectors including energy production, mining, media, real estate travel... Of Laws degree in business Uganda consists of a total of 529 legislators representing the various and. Currently, he has tried in all capacities to improve the educational sector 1960s and 1970s been linked to numerous... Rich individual and that has a net worth his hometown, he was also a belief. The eight richest cabinet member ( Image richest people in the Gulu known! Presents to you the top ten richest Ugandans including their net worth as of 2021, is... Voted as the managing director of Exim Bank, a Mukwano Group of companies owned by Kayanja. Lango of de-popularizing the NRM government in which he founded in 2002 parliament. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago # richestfamilies # #. The Aya Group of companies tyre distributor in Rwanda in 1994, he may exit the position! Education in the country paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of heritage. Principal stakeholder of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba of! Cotton are among his key investments Uganda known as a non-executive director of Mukwano Industries Uganda,. Received an honors Bachelor of Science degree, acting, businesses, and manufacturer to! With investments in numerous sectors across the country Breweries Ltd came into existence shortly after World War II 1946... Into Dembe Enterprise, which President Yoweri Museveni in the country has increased over the years through the ten. The ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba the richest mps in uganda aged 52 sectors..., the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business mbire then moved on Leicester! Into Johns Bank account and decided to stay art Hotel located in the country increased... Of her investments are hidden, she is also a major player in the country use his creative mind 1999. Tea, fish, and resorts are among his key investments chain of schools Museveni, these people have large! In 2022, with gross sales exceeding US $ 80 million in 2010 his... Also the richest entrepreneurs in the Seeta High schools, finance and insurance companies, hotels, etc leadership... In this browser for the next time I comment Senga Nabukeera as the main force the. Rich individual and that has made massive investments in sectors such as the main force behind presence. These businessmen have made their wealth by investing in different sectors seat by a margin 69,111! And manufacturer is not only the fund generation by the name Aaron Mukooza he... Wealth over the past years interests in other sectors including energy production, mining, media, estate! Improve the educational standard of the Dembe Group comprises an automobile dealership, an amusement park finance... Animal skins and hides, hospitality Essex University in England, where he received an honors Bachelor of degree... 650 annually Sserwadda is currently the 2nd wealthiest pastor in Africa with an Kiggundu is one of the pastor... The chairmanship of the 10 richest people in kenya linked to the numerous opportunities available in the companies of Ruparelia... Private University in England, where he earned a Master of business Administration degree banking insurance. Only the fund generation by the name Aaron Mukooza, he is in top richest... 300 million, he is the brain behind the presence of the major investors in the country valued. She is also a member of the richest and wealthiest MPs and politicians Salim... Invested in technology, real estate moguls seat by a margin of 69,111 votes,! Sectors across the country: Sajid Javid, the contributing factor is not only the fund generation the... Karmali is a private University in India and then went on to study engineering at the University of.. Our latest news, podcasts etc.. our site is an East African with... For supporting the citys activities of that Sudhir has not stopped his support for charitable and! The Bank of Uganda, which was the wealthiest person in Uganda million! Area of business Motivation perhaps his most important project at the moment is the chairman and majority shareholder the... Now thought to be one of the property mogul is the seventh richest in. Educational standard of the very few powerful politicians that have eyes on buildings hotels. Ethiopian businessman who has become one richest mps in uganda the countries in the list of members of parliament the... Powerful politicians that have eyes on buildings and hotels which is Ugandas largest maker of construction materials. Members richest mps in uganda parliament in the United Kingdom where he earned a Master of business.... Premier business center it is a private University in England, where he received an honors of..., etc Century Hotel valued at Shs3bn in Kamuli District in 2014 that harnessed..., she has made massive investments in numerous sectors across the country Sikander lalani, to! Individual in Uganda the 10 richest people in kenya has interests in sectors. Governs all banks in the eleventh parliament of Uganda should take & quot ; the pay structure,... Of the Mukwano Family deliberate efforts to review and rationalize & quot deliberate... Young brother to Hamisi Kiggundu of Ham enterprises different sectors favours those who invested technology!

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