In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Also, she is known to be the voice of the numerous women in the country. His elder . Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. 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. 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. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . He is also the owner of Protea Hotels East Africa. Forth on our top richest companies in Uganda is an old but gold company. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. 2022 Hard Rock Media. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Banyankole. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. 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. Alykhan Karmali is among the richest people in Uganda born to immigrants. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. The Chief Registrar, within the Judiciary, was at the scale of U1S, earning a monthly salary of Shs 4,804,800 which was equal to the counterpart in the Executive or Solicitor General. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. Stanley Githunguri made the list of wealthiest people in kenya. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. 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. Save my name, email, and website in this browser for the next time I comment. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. This article, therefore, presents to you the top ten richest Ugandans including their net worth. Miraj is one of Ugandas youngest billionaires managing three different family businesses such as Tirupati Development, Tulip Consultancy, Virat Alloys and the recently acquired Sembule Steel Mills. The Pyramids Casino and Kampala Casino are two of his business ventures. Bitature established the Simba Telecom Limited company in 1998. Edwin is one of the youngest billionaires in the country, he is one of the Co-founders of a powerful law firm known as Kiwanuka & Karugire Advocateslocated on Acaccia avenue in Kampala, he is reportedly said to have managed the selling of the former assets of Uganda Railway Corporation, Edwin who married the eldest daughter of the president, Natasha Museveni also handles very powerful legal cases worth of billions of money, he also owns one of the biggest cattle farms in the country and he is a real estate dealer with serious buildings in 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. 11.Sembule Family- They own Sembule Steel Rolling . Coffee, tea, fish, and cotton are among its top exports. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. He is a business magnate who has been venturing into textile and alcoholic beverages trading from a shop in Luwum Street, Kampala which later gave birth to Dembe Enterprise before expanding into what is currently known as Dembe Group of Companies. Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. With a net worth of approximately $300 million, he is one of the richest people in 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. The names are arranged alphabetically, using the first name to select rank. In fact, almost all posh hotels in Eastern Uganda belong to her. 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. 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. The per capita income in Uganda in 1999 was approximately US$650 annually. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. He opened a plant in Kigali in 1978 to produce roofing materials. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. He says that's all in the past. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. 10. He is in top 10 richest people in Uganda. A Subsidiary of Daily Express Media Ltd. 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He came into the parliament in 2016 as a rich individual. He is one of Ugandas richest businessmen. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. John is believed to be the second richest politician in Uganda. The company is usually regarded as Ugandas biggest seller of MTN airtime. 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. 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. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. That makes him one of the richest people in Uganda. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. As their businesses thrive, their net wealth will continue to increase. 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 Besides, it is worth noting that other business tycoons and entrepreneurs are also working tirelessly to take their businesses to greater heights and make more wealth. Alykhan is known as a reputable and diligent businessman in Uganda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Net Worth 2022 - $900,000. This also drags him into the list of the richest men in Uganda. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Being the MP representing Tororo Municipality, Yeri Ofwono came into the parliament in 2016 and has been able to accumulate numerous amounts of money-making him occupy the ninth position in the list of richest politicians in the country. Haruna Sentongo is another new entrant on the top 10 wealth list. This is a private university in Kampala, Ugandas capital city. Under the leadership President Yoweri Museveni, these people have amassed large . He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. 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. 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. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. The hotel is the biggest hotel in the whole Northern part of Uganda. Alykhan Karmali is among the richest people in Uganda born to immigrants. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. Banyankole. Besides, Hirji was a renowned car racing driver in the 1970s. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. 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. The controversial preacher is said to be the richest pastor in Africa with an . Please enter your username or email address to reset your password. In 2010, he was chairman of the Uganda Securities Exchange. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. 1. Ravinder Kishore Sinha Biha. 3 August 2017, 9:10 am. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. And finally on the list, Haruna Mubiru. Session of the United Nations General Assembly. The list is not exhaustive, and net worth values are hard to determine.[3]. 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. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. In fact, in 2015, these commodities boosted the economy of the country massively. 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. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. 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. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Source: Roofing sheets. He was worth $ 500 million by 2021. The musician turned politician is arguably one of the richest musicians in Uganda. Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. Irwin remains one of the richest people in Zambia in . 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. 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. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. He is known as a fortunate man because he started his business with a meager sum of about $25,000. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. 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. 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. Net Worth 2022 - $500,000. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. 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. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. 15. However, many backbench MPs. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. Subscribe to our newsletter to get our newest articles instantly! Ragga Dee He is one of the Veteran musicians in Uganda. 1. Additionally, the growing economic condition provides numerous employment opportunities for the youths of the country. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. 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. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. His net worth was about $1.2 billion as of 2019. (adsbygoogle = window.adsbygoogle || []).push({}); Top 10 Richest Politicians In Uganda 2021, Just like John, Sam also doubles as the MP representing Mawogola County in Sembabule District and also the Minister for Foreign Affairs in the country. He is the current chairman of Crown Beverages Limiteds board of directors. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Afterward, he became a Goodyear tyre distributor in Rwanda. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Afterward, he became a distributor of Goodyear tyres in Rwanda. He came into the parliament in 2016 as a rich individual. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. Please whitelist to support our site. He is an entrepreneur, businessman, and author. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. As an MP and chancellor, Mr Sunak's government salary is 151,649. 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