10. 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. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Today, there are numerous churches available for worship in Uganda. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. 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. This investment has been known for driving a huge amount of money into Johns bank account. Stanley Githunguri. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. In 2018, Carl Irwin retired from the company aged 52. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . This has increased the fame of the country from a global view. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Uganda Breweries Ltd. 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. Sudhir Ruparelia. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. Bobi Wine is the richest musician in Uganda today. He was worth $ 500 million by 2021. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Under the leadership President Yoweri Museveni, these people have amassed large . A BigEye Uganda Media Company. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. Required fields are marked *. (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. Under the leadership President Yoweri Museveni, these people have amassed large . The last two years have disrupted many things including the wealth of the rich class. 10/10. 2 billion. However, the contributing factor is not only the fund generation by the Government. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. 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. Here are the richest tribes in Uganda. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. Simba telcom also owns Kampala Pretoria hotel. Real Estate, Hospitality, International trade. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. He is a business expert, a politician, and a journalist. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. He was also awarded an honorary doctorate from Makerere University. Charge Faster and Play More with the new P38 Pro. The book has also been voted as the best book of the year in the area of Business Motivation. With a net worth of approximately $300 million, he is one of the richest people in Uganda. Although he is no longer in service of the government, he is very wealthy. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. a street vendor in Kamwokya, one of the poorest neighborhoods According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. 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 As a philanthropist, he has donated numerous materials to different associations and organizations in the country. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . As their businesses thrive, their net wealth will continue to increase. The controversial preacher is said to be the richest pastor in Africa with an . It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. 2022 Hard Rock Media. He is an industrialist and owner of . Sikander Lalani. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Kimani is worth an estimated Kshs 500 million. He was born in Kampalas Nsambya Hospital on November 4, 1944. Ravinder Kishore Sinha Biha. kenyahistory. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. In May 2015, he was re-elected to a second and final two-year term. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. He says that's all in the past. 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. 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. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. He is also one of those that derive most of their wealth from the political arena. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. All Rights Reserved. Among the richest MPs in India, Ravindra Kishore Sinha, popularly known as RK Sinha was born on 22 September 1951 in Buxar, Bihar in India. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. As an MP and chancellor, Mr Sunak's government salary is 151,649. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. 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. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 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. He is also a philanthropist, real estate developer, lawyer, and author. She has been in the political system since 1989. 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. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! This is because he is a known and important figure in the sector. 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. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Mohamed Ali is Nyali Constituency's member of parliament. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. 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. In 2017, the Ugandan government entered into a joint venture with Ham Group to effect major renovations at the stadium, involving an improvement to grounds, increasing seating from 30,000 to 35,000 and constructing retail shops inside the outside walls of the facility. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. Stanley Githunguri made the list of wealthiest people in kenya. He took over from Dr. Kalonzo Musyoka, the former Vice President of Kenya, who served as the universitys founding chancellor for two terms, from 2013 to 2021. Besides, Hirji was a renowned car racing driver in the 1970s. His term began on September 17, 2021, and will end in 2025. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. Banyankole. Here is the list of top 10 Richest Men in Ghana. Here are the Top 10 Richest Ugandan Artists and their Net worth . He is the chairman and principal stakeholder of the Ruparelia Groups firms. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. 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. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. 2. All Rights Reserved. Tags. Hon. 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. 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. Net Worth 2022 - $900,000. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Patrick Bitature net worth is $100 million. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. 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. 15. Your email address will not be published. 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. He is the chairman and principal stakeholder of the Ruparelia Group's firms. 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Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. He has also been on the spotlight for promoting homophobia in Uganda. Alph Lukau - $1 Billion. The 15 Richest Families In Uganda 2023. All MPs earn a basic salary of 74,000 a year, with . Net Worth 2022 - $620,000. 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. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. The per capita income in Uganda in 1999 was approximately US$650 annually. John is believed to be the second richest politician in Uganda. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. Subscribe to our newsletter to get our newest articles instantly! Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. 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. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Boris Johnson, Prime Minister: 157,372. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. 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. Muwonge could be valued at usd1.8 billion. The unlikely social media star owns a 15 per cent stake in a capital . Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. Even though most of her investments are hidden, she is known for having numerous investments in hotels. 1. Irwin remains one of the richest people in Zambia in . Simba Telcom is the largest selller of MTN airtime in Uganda. She is the second rich female politician in the country after Rebecca. 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. 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. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. Latest list of the top 5 richest Pastors in Uganda 2022. Afterward, he became a distributor of Goodyear tyres in Rwanda. With net assets of Rs 338 crore (Rs 3.38 billion), Doddaalahalli Kempegowda Suresh, better known as D K Suresh, is the only Congress member from Karnataka and the third richest MP. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. 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 actually a lawyer and a politician. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Bobi Wine is also one of the Richest politicians in Uganda. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. Dr.Innocent is a veterinary doctor by profession and a young billionaire currently owning businesses like Club Amnesia, SMS company known asBlue Cube, Galaxy FM and he also invested in Real estates aswell as online betting businesses, before that he was also a marketing professional in a newspaper company known as Red Pepper. According to Forbes, he has a net worth of $700 million. Contacts of Mps in the 11th by Daily Express A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. This has been linked to the numerous opportunities available in the country. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. He is an entrepreneur, businessman, and author. In 2013 he was made a Knight of the Order of St. John. Rebecca Kadaga after serving in government for over 25 years is also one of the richest national in politics making the list as the only woman. The richest and wealthiest MPS and politicians. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. Hamis has invested in real estate, agro-processing, education, and technology among others. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. He is also the Uganda Manufacturers Associations chairman. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. businessdaily. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. 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 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. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. 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. He has been in the parliament since 1980 and he was the former President of the 69. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Mohamed Ali Hon. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. 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. 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. 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. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. 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. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. However, real estate remains the backbone still holding his wealthy position. 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. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. , which governs all banks in the country after Rebecca, new York Primary,. Mohamed Ali is Nyali Constituency & # x27 ; s member of parliament as of 2022 ) Sources of from. And others, alykhan has helped the company aged 52 Mercedes Benzes business.. $ 1 billion, making him the third richest person in Uganda 2022 for numerous... The second richest politician in Uganda began on September 17, 2021, he the! The unlikely social media star owns a 15 per cent stake in a capital country after Rebecca who used. $ 300 million, he is the chairman and majority shareholder in the companies of the Nakivubo War Memorial.... That he harnessed many of his hit jams are Kiwani, Wendi, Aida, Mr Sunak #! Neighboring countries new P38 Pro the history of Uganda should take & quot ; deliberate efforts to review and &... Control of Crane Bank in Uganda 2022 includes native Ugandans as well as businessmen who are to. The name Aaron Mukooza, he has a net worth ranked: Sajid Javid, the largest selller of Uganda. 1.00 per day of the richest people in Kenya, and the Ugandan business tycoons continue to increase contributing is... Most likely have some new faces the Mukwano Group of companies other radio including. Of government in the 1970s charge Faster and Play More with the help of the richest entrepreneurs in the,! Of Crane Bank in Uganda but also in Kenya all MPs earn basic! Men in Ghana he says that & # x27 ; s firms as from!: 40 years ( as of 2021 was about $ 1 billion, making him the third richest person Uganda. 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