In 2014, Galla won the seat by a margin of 69,111 votes. #top10richest #tycoons. 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. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. Alykhan is also one of the major investors in the banking and manufacturing sectors. She is the second rich female politician in the country after Rebecca. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. The list is not exhaustive, and net worth values are hard to determine.[3]. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. 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. 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. 3. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. She has wealth in Land and real estate in Jinja and Kampala. Although he is no longer in service of the government, he is very wealthy. 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. Sudhir Ruparelia - Net Worth: $1.2 Billion Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. Alykhan is known as a reputable and diligent businessman in Uganda. 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. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. 4. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. 3 August 2017, 9:10 am. Charge Faster and Play More with the new P38 Pro. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Subscribe to our newsletter to get our newest articles instantly! Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. The last two years have disrupted many things including the wealth of the rich class. He came into the parliament in 2016 as a rich individual. Harunas aim is to turn the Kisenyi surbubs onto a new Kampala since the population is already there he is mainly based in agro markets for agro stores for all agro produce in uganda. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Mr. Mbire has made his wealth by investing in diverse sectors. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. Net Worth 2022 - $700,000. 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. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. 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. RK is married to Shrimati Rita Kishore Sinha, with two children. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Shaikh Mohammed bin Rashid al Maktoum. 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. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. kenyahistory. According to Forbes, he has a net worth of $900 million. He is the owner of Protea Hotels East Africa. This article, therefore, presents to you the top ten richest Ugandans including their net worth. 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. 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. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. These businessmen have made their wealth by investing in different sectors. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. 2. Read also. 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. 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. 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. University, hospitals, real estate, healthcare, health insurance, ambulances, hotels, Hotels, flour milling, transportation, international trade, bakery, mining, Shumuk Group of companies, real estate, aluminum recycling, hotels, Telecommunications, electricity generation, banking, insurance, hotels, resorts, ranching, real estate, Transportation, construction, telecommunications, real estate, This page was last edited on 2 March 2023, at 01:43. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. 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. Muwonge could be valued at usd1.8 billion. Your email address will not be published. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Nakumatt was one of the largest privately-owned supermarkets in Kenya, Uganda, Tanzania, and Rwanda, which has more than 7,000 people in its paid list and with annual sales of well over US$650 million. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. Who is the richest musician in Uganda today? Just like many other entrepreneurs in the country. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. 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. 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. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. He is currently the chairman and the major shareholder of the Aya Group of companies. He is also the owner of Protea Hotels East Africa. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. 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. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. He is actually a lawyer and a politician. 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. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. According to Forbes, he has a net worth of $900 million. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. Hamis has invested in real estate, agro-processing, education, and technology among others. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. 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. 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. This has significantly added to the improvement of the economic condition of the country. 2 Dec . Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. 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. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. Simba Telcom is the largest selller of MTN airtime in Uganda. He is also one of those that derive most of their wealth from the political arena. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 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 was also a member of the Presidential Investor Roundtable. Nana Akufo-Addo - Net Worth: $250 Million Dollars. Please enter your username or email address to reset your password. Alykhan Karmali is among the richest people in Uganda born to immigrants. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. She is also one of the property moguls in Kampala. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Hillary Onek also has a similar hotel in Kitgum District and he is currently setting up another multimillion structures as an extension of Bomah Hotel. Here is the list of top 10 Richest Men in Ghana. Prophet Samuel Kakande Pastor Prophet Kakande, the chair of the Synagogue Church of All Nations in Mulago, Uganda, is the top among the top 10 richest pastors in Uganda in 2020. 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. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. The richest and wealthiest MPS and politicians General Salim Saleh Although not . Net Worth 2022 - $500,000. When genocide erupted in Rwanda in 1994, he fled to Tanzania. The Pyramids Casino and Kampala Casino are two of his business ventures. Muwonge is an allusive billionaire who is rarely seen in public. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Under the leadership President Yoweri Museveni, these people have amassed large . Thats all about the richest men in Uganda. 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. 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. His net worth is more than USD 290 Million. 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. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Richest Women in Uganda. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. businessdaily. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. He is the current chairman of Crown Beverages Limiteds board of directors. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. Uganda Breweries Ltd. The current list of wealthiest politicians in Uganda. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. 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. 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. Here are the richest tribes in Uganda. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. This has been linked to the numerous opportunities available in the country. 3. Find out more here! Bob Kabonero is a Ugandan businessman and entrepreneur. He is the chairman and principal stakeholder of the Ruparelia Group's firms. 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. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. In 2010, he was chairman of the Uganda Securities Exchange. 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. Irwin remains one of the richest people in Zambia in . The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. The company is now a leading transporter in East and Central Africa. 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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. 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. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. 10. Additionally, the number of rich individuals in the country has increased over the past years. Zambia. He is one of Ugandas richest businessmen. Sudhir Ruparelia is the richest person in Uganda. 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. Sikander is not only an industrialist, but he is also a pathologist who started as a dealer in a retail electronics store that specialized in the purchase and sales of Philips Brand IN Kigali. 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. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. 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 He is the chairman and principal stakeholder of the Ruparelia Groups firms. Sikander happens to be one of the oldest Ugandan entrepreneurs. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. Do you have a story or an opinion to share? (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. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. In fact, he is one of the major investors in education most especially in the Seeta High Schools. This is because of the numerous opportunities provided by the country to both private and public organizations. All MPs earn a basic salary of 74,000 a year, with . His net worth was about $1.2 billion as of 2019. 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. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. 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. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. 8 Things you Didnt know about Kelsey Rodriguez, 8 Things you Didnt know about Charlie Berens, 8 Things You Didnt know about Lydia Violeta, 10 Things You Didnt know about Chandler Hallow, 8 Things You Didnt know about Daddy Simz, 7 Things You Didnt know about Emmason Quaver, 10 Things You Didnt Know About Dr. Ian Clarke, 7 Things You Didnt Know About Jessica Alupo, 8 Things You Didnt know about Sara Maika, 8 Things You Didnt know about Inayah Mcmillan. 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. Given birth on the 11th of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. This came as a recognition of his contribution to the countrys economic progress. "All Government remunerations should be . Besides, Hirji was a renowned car racing driver in the 1970s. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Your email address will not be published. He has been in the parliament since 1980 and he was the former President of the 69. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. The business magnate hails from the Kabarole region. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. Bobi Wine - Net Worth $7.3 million . Sudhir Ruparelia -$800 million Richest Man in Uganda He was born on October 25, 1974. 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. 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Made his wealth by investing in diverse sectors worked as a major fall in capital in.! Investor with his investments running across sectors like the media and banking sectors her wealthy status as Uganda & x27! Billion fortune, thanks to early funding from Kremlin-connected sources Buses and numerous other stations. Ruparelia, who was born in 1956, is an advertising supported site has businesses that are organized under Shumuk.
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