Mwesigwa also alleges that the opposition party owns a series of drones which they Several NUP supporters have been arrested on various allegations, and some are still in Monitor in a story published last week alleged that Mpuuga had held high-level behind Bobi however dismissed reports of negotiations between the NRM Gov't and the Opposition, and in his letter to the Minister of Justice, Bank of Uganda and the Attorney Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news. Most of Ugandas exports are agricultural products. 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. 1. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. In the early 1990s, he worked with his elder brother until when he founded his first company called Pan Afric Commodities, which is also a commodities trading company. 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. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Sudhir has maintained his Forbes net worth of USD 1.2 billion. He was born on October 25, 1974. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Born in 1976, Hamid is one of the youngest richest people in Uganda. 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. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. 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. He is an entrepreneur, businessman, and author. Charge Faster and Play More with the new P38 Pro. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. According to Forbes, he has a net worth of $700 million. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Alykhan Karmali is among the richest people in Uganda born to immigrants. ADVERTISEMENT. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. Universities, schools, real estate, animal skins and hides, hospitality. Subscribe to our newsletter to get our newest articles instantly! 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. He opened a plant in Kigali in 1978 to produce roofing materials. 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. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. List of wealthiest men in Uganda. From the time his company was registered, in 17 June 2011, Ssentongo Haruna has guarded its ownership at 99% and another 1% owned by Laura Nalukwago. Bob Kabonero is a Ugandan businessman and entrepreneur. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. He has also been on the spotlight for promoting homophobia in Uganda. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Sikander Lalani. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. 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. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. Real Estate, Hospitality, International trade. According to Forbes, he has a net worth of $900 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. In fact, he is one of the major investors in education most especially in the Seeta High Schools. The project, costing millions of dollars, is funded by Kiggundus company. Just like Yeri, she has made massive investments in the educational sector. #top10richest #tycoons. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. 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. He came into the parliament in 2016 as a rich individual. 10. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. 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 . In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. 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. Alph Lukau - $1 Billion. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Simba telcom also owns Kampala Pretoria hotel. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. Uganda Breweries Ltd. He then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. 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. Mohammed Hamid is considered one of the richest young millionaires in Uganda having emerging into the class of richest personalities at a very youthful age. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. She is also a major player in the investment circle before joining politics. 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 Your email address will not be published. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. However, the contributing factor is not only the fund generation by the Government. Being an economist, Felix has been in the parliamentary system of Uganda since 1996 and he has been accumulating wealth since then using his economics understanding. 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. 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 entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Additionally, the growing economic condition provides numerous employment opportunities for the youths of the country. Kimani is worth an estimated Kshs 500 million. In 2013, he was appointed Knight of the Order of Saint John. He is also the owner of Protea Hotels East Africa. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. 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. 8. She has been in the political system since 1989. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. Latest list of the top 5 richest Pastors in Uganda 2022. All Rights Reserved. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. Uganda Breweries Ltd came into existence shortly after World War II in 1946. 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. Simba Telcom is the largest selller of MTN airtime in Uganda. 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. Net Worth 2022 - $620,000. 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. Ravinder Kishore Sinha Biha. Jayadeva Galla. Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. Sudhir Ruparelia. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. 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