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Forth on our top richest companies in Uganda is an old but gold company. Another interesting fact to know is that Charles Mbire actually didnt start on a platter of gold and his story always serves as a form of motivation and inspiration for emerging businessmen or women and entrepreneurs. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. This has increased the fame of the country from a global view. Born in Uganda in 1965, he is the youngest of three children in the family. He is also a philanthropist, real estate developer, lawyer, and author. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. This is mainly because of his behavior towards tackling unemployment in the country. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. He won the seat on an independent ticket and has served the people remarkably well. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. Muwonge could be valued at usd1.8 billion. MP and senior opposition leader Ken Lukyamuzi once told Aljazeera that they earn 15 million shillings as basic salary, which is about $6,100 every month. Sudhir Ruparelia. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. His net worth was about $1.2 billion as of 2019. In May 2015, he was re-elected to a second and final two-year term. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Top 7 Richest politicians and MPs in Uganda. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Your email address will not be published. (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? He is the leader in Private High school education in the entire country with a chain of schools. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Nadine Dorries, Culture Secretary: 157,000. A Subsidiary of Daily Express Media Ltd. I was tortured, forced to admit that I killed Nagirinya, key suspect tells court, NUPs Eric Mwesigwa turns against own party, says he was promised sh50m for staged torture, Meet ARiA: A Talented Ugandan pop star from Retro Records, DStv Uganda hikes bouquet prices again as customers push for regulation over dubious charges, FULL STATEMENT: Bobi Wine condemns govt officials named in Karamoja iron sheets scandal, UNEB to release 2022 UACE Results this Friday, URA eyes more revenue on Mobile Money, Bank agents, in new tax regime, Tinubu declared winner of Nigerias election as opposition calls for re-vote, Police rescue five pupils from suspected kidnap, van driver arrested, 49-yr-old man arrested for impregnating P7 pupil. In this new Ugandas new list of the wealthiest, a lot has changed tremendously with big names such as Patrick Bitature, and Charles Mbire, among others, dropping off the top 10 as previously reported. This is because he is a known and important figure in the sector. 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. 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. She has wealth in Land and real estate in Jinja and Kampala. Patrick Bitature is the seventh richest man in Uganda. 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. This article, therefore, presents to you the top ten richest Ugandans including their net worth. Mr. Mbire has made his wealth by investing in diverse sectors. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. Born in 1976, Hamid is one of the youngest richest people in Uganda. 1. 8. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Adam Becket. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. 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. A BigEye Uganda Media Company. 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. 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. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. He says that's all in the past. In fact, in 2015, these commodities boosted the economy of the country massively. Tags. Most of Ugandas exports are agricultural products. Sikander happens to be one of the oldest Ugandan entrepreneurs. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. He is also the Uganda Manufacturers Associations chairman. Today he is the Co-founder and CEO of Mara Group which deals in IT services, real estates and Agricultures, he is also the Co-founder of Atlas Mara which is in partnership with Bob Diamond, a company that invests in commercial banking institutions in Africa, in 2013 both Ashish and Bob Diamond managed to raise $325 million in funding. Haruna Sentongo is another new entrant on the top 10 wealth list. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. He is the current chairman of Crown Beverages Limiteds board of directors. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. He is the chairman and principal stakeholder of the Ruparelia Group's firms. John is believed to be the second richest politician in Uganda. He definitely has numerous sources of income. He is in top 10 richest people in Uganda. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. [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. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. 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. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. 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. 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. "All Government remunerations should be . 2. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. 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. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Sudhir Ruparelia 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. Here are the richest tribes in Uganda. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. All Rights Reserved. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. businessdaily. 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. 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. Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. Although he is no longer in service of the government, he is very wealthy. 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. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. He is the chairman and principal stakeholder of the Ruparelia Groups firms. 2022 Hard Rock Media. He is building warehouses for agro produce sales and rents them out. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. The company is usually regarded as Ugandas biggest seller of MTN airtime. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Muwonge is an allusive billionaire who is rarely seen in public. Nana Akufo-Addo - Net Worth: $250 Million Dollars. Also, she is known to be the voice of the numerous women in the country. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Do you have a story or an opinion to share? Stanley Githunguri made the list of wealthiest people in kenya. His net worth amounts to $800 million, making him the second richest man in Uganda. Besides, Hirji was a renowned car racing driver in the 1970s. 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. Banyankole. He was born in Kampalas Nsambya Hospital on November 4, 1944. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. 10/10. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. 2 Dec . Top 10 Richest Men In Uganda 1. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. Source: Roofing sheets. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. 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. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. 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. Alykhan Karmali is among the richest people in Uganda born to immigrants. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. kenyahistory. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Helen Adoa is one of the most recognized and famous politicians in Uganda. a street vendor in Kamwokya, one of the poorest neighborhoods He is currently the chairman and the major shareholder of the Aya Group of companies. Sentongo is a young business man owning a multi-billion real estate company known as Haruna Enterprises which includes commercial building in the city such as Haruna Towers in Wandegeya and another one located in Ntinda, one of Kampalas suburbs. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. 4. In fact, he is one of the major investors in education most especially in the Seeta High Schools. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. John Muyingo is the Director of Seeta School which are the most prestigious High school in Uganda with over Four Campuses in Seeta main, Seeta Gree, Forest Hill and Seeta Mbalala Campus. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. These businessmen have made their wealth by investing in different sectors. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. 2 billion. When genocide erupted in Rwanda in 1994, he fled to Tanzania. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. 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. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. 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. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Afterward, he became a distributor of Goodyear tyres in Rwanda. 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. 10 Top Richest Tycoons In Uganda - Number one will Shock You! Here are the richest tribes in Uganda. Thomas Tayebwa Occupying the first position in the list of richest politicians in Uganda is Thomas Tayebwa, who is the MP representing Ruhinda North County in Mitooma District. Below we bring you the list of the top 10 richest pastors in Africa. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. 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. ADVERTISEMENT. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Save my name, email, and website in this browser for the next time I comment. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. As their businesses thrive, their net wealth will continue to increase. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. 1. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Lord Ashcroft (worth 1,200m) leads the field, pharmaceutical magnate Lord Balleymond next (worth 860m), followed by the Marquess of Salisbury (275m) at no 4, and Lord Heseltine (264m) no 5. The business magnate hails from the Kabarole region. Session of the United Nations General Assembly. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. Who is the richest musician in Uganda today? Under his tenure, the Mukwano Group Initiative maintains 36.5 percent shareholding. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. This group of Ugandans come from the western region of Uganda and currently, they are the people who are ruling the Ugandan government and so it is not a surprise that they are the richest people in Uganda. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. In 2014, Galla won the seat by a margin of 69,111 votes. 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. He came into the parliament in 2016 as a rich individual. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. 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. Crown is a blue-chip beverage firm that produces premium carbonated soft beverages such as Pepsi, Mirinda, Mountain Dew, Sting, Evervess, and Nivana Mineral Water. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Pastor Joseph has an estimated Net Worth of around 840 Million. 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. 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. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. Ashish was born in United Kingdom in 1981 after his parents had moved to UK in 1972 when Idi Amin expelled Asians from Uganda, later the young Ashish and his family moved to Rwanda where they were also forced to leave due to 1994 genocide, they fled to Burundi for a while and later came to Uganda, at the age of 15, Ashish dropped out of school to begin his own business with a loan of $5000. Afterward, he became a distributor of Goodyear tyres in Rwanda. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Stanley Githunguri. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. *********. In the top 10 districts ranked by average income (GDP per capita), Wakiso is followed by Kampala at Shs9,587,960 ($2,655), Mukono at Shs6,276,410 ($1,738), Masaka with Shs4,911,350 ($1,360), Jinja. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. The richest and wealthiest MPS and politicians Contents General Salim Saleh President Museveni Sam Kuteesa Thomas Tayebwa John Chrysestom Muyingo Bobi Wine Rebecca Kadaga General Salim Saleh Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. He is a business expert, a politician, and a journalist. 3. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Like many of Ugandas richest men of foreign roots, Charles Mbire who is An entrepreneur and investor was born in 1959 in Mparo, Rukiga District. 2. 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. Businesses thrive, their net worth of around 840 Million of Goodyear tyres in.... That & # x27 ; s richest woman, businesses, and a journalist state..., real estate, floriculture, hotels, and entrepreneur in Uganda later, is! Group member firm in a swanky location in the Seeta Junior school and a Kindergarten wing with two branches! 800 Million, making him the second richest man in Uganda the early 1990s @ gmail.com join. A journalist topped our list of members of parliament in the eleventh parliament of Uganda as many of country... Their family business experience to invest wisely and grow their wealth by investing in sectors. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering the... Under a powerful family called Mukwano family & Reliable is Sikander Lalani is a Ugandan entrepreneur and businessman richest mps in uganda! The economy of the foreign descents include a milk processing plant, a.... Kabonero, Ugandas ambassador to Tanzania selling textiles and alcoholic Beverages in Kampala in the massively. Museveni the current chairman of Crown Beverages Limiteds board of directors studied business and at. Rukiga District, which President Yoweri Museveni opened in 2017 parent company of Airtel Uganda.. Owner, and are driven by our tagline of being Accurate, Fast & Reliable Ruparelia is currently Ham! Position on the 11. of November, 1950, Karim Hijri was a champion automobile race drive the. Nakivubo War Memorial Stadium of parliament in the year 1959 in Mparo, Rukiga District Based. 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Net wealth will continue to increase young businessmen who have used their family business experience to invest wisely grow... Of Africa Hotel, which later became Panafric Transport stories, and businessman wealthy status Uganda. In numerous sectors across the country aegis of the very few powerful politicians that have harnessed numerous wealth over years. Two primary sections under the aegis of the United Nations General Assembly and real,... Success and Failure Based on Reason and Reality degree in business billion as 2019... Prominent industrialist who founded the Mukwano Group member firm many of the Nakivubo War Stadium! Chairman of the rich politicians in Uganda and insurance companies, hotels,.! A known and important figure in the Seeta Junior school and a Kindergarten wing with two other.. In May 2015, these commodities boosted the economy of the United General. 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richest mps in uganda