He is also the Uganda Manufacturers Associations chairman. 3. 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. 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. In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. 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. RK is married to Shrimati Rita Kishore Sinha, with two children. Net Worth 2022 - $500,000. Your email address will not be published. Banyankole. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. His net worth was about $1.2 billion as of 2019. Muwonge makes all the money and takes it all. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. 10 Top Richest Tycoons In Uganda - Number one will Shock You! For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. The business magnate hails from the Kabarole region. 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. Albert is a young entrepreneur and a billionaire, the founder of the private limited logistics company in Uganda known as Kenlloyd Logistics, Albert who is also married to Sam Kuteesas daughter Ishta Kuteesa, was also appointed by a German logistics company called DB Schenker as their country exclusive representative, a real estate dealer and also a majority shareholder of Pioneer Easy Bus. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. "All Government remunerations should be . Born in Uganda in 1965, he is the youngest of three children in the family. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Additionally, the hotel is a three-star hotel. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. 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. 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. 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. Mohamed Ali Hon. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. Find out more here! Kimani is worth an estimated Kshs 500 million. With a net worth of over $1 billion, he is the second richest man in Uganda today. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. 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. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. 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. In 2014, Galla won the seat by a margin of 69,111 votes. With a net worth of approximately $300 million, he is one of the richest people in Uganda. He is also one of those that derive most of their wealth from the political arena. Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. 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. Sudhir Ruparelia. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. In 2018, Carl Irwin retired from the company aged 52. 10. Additionally, the growing economic condition provides numerous employment opportunities for the youths of the country. 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. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Just like many other entrepreneurs in the country. He opened a plant in Kigali in 1978 to produce roofing materials. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. 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. Labour politicians on the Rich List. In thirty-fifth spot is the BJP's Suresh Angadi. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. He came into the parliament in 2016 as a rich individual. (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 chairman and principal stakeholder of the Ruparelia Groups firms. 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. Real Estate, Hospitality, International trade. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. Coffee, tea, fish, and cotton are among its top exports. Who is the richest musician in Uganda today? Latest list of the top 5 richest Pastors in Uganda 2022. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Here are the richest tribes in Uganda. Just like Yeri, she has made massive investments in the educational sector. He won the seat on an independent ticket and has served the people remarkably well. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. 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. Mr John owns several properties in Kampala, including Freedom City Mall, which cost him US $1 million, Capital House, Naiga Chambers, and several other prominent properties. His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. He became enamored with the country and decided to stay. He definitely has numerous sources of income. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. 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. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Christine Nabukeera is known among the rich circles as Senga Nabukeera. 2. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. ADVERTISEMENT. 2. 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. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. Boris Johnson, Prime Minister: 157,372. (Bloomberg) -- Billionaire investor Marc Lasry has reached a deal to sell his stake in the Milwaukee Bucks to Jimmy and Dee Haslam, owners of the National Football League's Cleveland Browns, according to a person familiar with the matter.Most Read from BloombergElon Musk Regains His Spot as the World's Richest PersonNigeria Latest: Tinubu Wins in Six States; Obi Takes ThreeTD Bank to Pay . The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Zambia. In fact, he is one of the major investors in education most especially in the Seeta High Schools. Shaikh Mohammed bin Rashid al Maktoum. . Mr. Mbire has made his wealth by investing in diverse sectors. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. This is because of the numerous opportunities provided by the country to both private and public organizations. 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. Here is the list of the top 10 richest people in Uganda Advertisement John Bosco Muwonge Drake Lubega Sudhir Ruparelia Mukwano Karim Hirji Kitandwe Tom Hamis Kiggundu Christine Nabukeera John Sebalamu Haruna Sentongo Richest man in Uganda Read the full list of the 10 wealthiest people in Uganda. He is actually a lawyer and a politician. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. Sudhir Ruparelia -$800 million Richest Man in Uganda He was a previous member of the Uganda Development Banks board of directors. Charles Mbire is one of Ugandas richest native. Richest Women in Uganda. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. Albert Muganga Net Worth 2022 - $620,000. Pastor Samuel Kakande. Today, there are numerous churches available for worship in Uganda. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Additionally, the number of rich individuals in the country has increased over the past years. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. 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. 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. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Most of Ugandas exports are agricultural products. According to Forbes, he has a net worth of $700 million. Sudhir Ruparelia is the richest person in Uganda. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. Sudhir got a setback with Bank of Uganda grabbed his Crane bank from him and later Covid19 affected his massive investments in the hospitality, education, and flower sectors. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. Hon. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. The hotel is the biggest hotel in the whole Northern part of Uganda. Alykhan is also one of the major investors in the banking and manufacturing sectors. In 2012, Uganda Investiment Authority named Miraj Barot as the youngest entrepreneur, he invested over $30 million inTirupati Development, a real commercial estate Which includes Ovino market, Mazima mall in Kabalagala,Kyebando warehouses and etc. 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. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. This investment has been known for driving a huge amount of money into Johns bank account. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. 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 Muwonge could be valued at usd1.8 billion. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. 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. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. 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. Ragga Dee He is one of the Veteran musicians in Uganda. [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. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. The outspoken young tycoon is said to be collecting not less than USD1 million a month. However, real estate remains the backbone still holding his wealthy position. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. 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 has also been on the spotlight for promoting homophobia in Uganda. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. His term began on September 17, 2021, and will end in 2025. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. As their businesses thrive, their net wealth will continue to increase. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. A radio station, an automobile dealership, a finance and insurance firm, an amusement park, and the Imperial Hotels Group are all part of this conglomerate. 1. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. Back in 2012, he contested the presidential elections in Ghana but lost the seat of the presidency. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. Copyright 2023 Daily Express Uganda. Patrick Bitature net worth is $100 million. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Sudhir Ruparelia Ranking number one on the top ten list of richest Ugandan milionaires is the founder, CEO, and major shareholder of Ruparelias Group of Companies, Sudhir Ruparelias. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Muwonge is an allusive billionaire who is rarely seen in public. The richest and wealthiest MPS and politicians General Salim Saleh Although not . Geoffrey Lutaaya. 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. He came into the parliament in 2016 as a rich individual. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. Uganda and he is the biggest hotel in the list of the 10 richest musicians in and. On September 17, 2021, and energy the State Minister for Education! 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