Mbire is a co-owner and board member of numerous Uganda companies, including MTN Communication Uganda Limited, Afro Alpine Pharma Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of others. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. (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 . He opened a plant in Kigali in 1978 to produce roofing materials. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. According to Forbes, he has a net worth of $900 million. 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 JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . He was also a member of the Presidential Investor Roundtable. In 2018, Carl Irwin retired from the company aged 52. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Dr. Sudhir Ruparelia. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. 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 . One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. 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. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. This is a private university in Kampala, Ugandas capital city. Here are the richest tribes in Uganda. 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. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. He is one of Ugandas richest businessmen. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Alykhan is known as a reputable and diligent businessman in Uganda. Mohammed Hamid is regarded as one of the richest young millionaires in Uganda, who rose to the class of the richest personalities at a young age. 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. Source: Roofing sheets. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. She is the second rich female politician in the country after Rebecca. 2 Dec . The Pyramids Casino and Kampala Casino are two of his business ventures. Your email address will not be published. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. The hotel is the biggest hotel in the whole Northern part of Uganda. When genocide erupted in Rwanda in 1994, he fled to Tanzania. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. 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. 2. 10. Who is the richest musician in Uganda today? Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. With a net worth of over $1 billion, he is the second richest man in Uganda today. Net Worth 2022 - $700,000. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Net Worth 2022 - $900,000. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. It is a common belief in Uganda that his company is the source of his wealth. 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. He has been in the parliament since 1980 and he was the former President of the 69. Sudhir Ruparelia -$800 million Richest Man 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. 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. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Here are the Top 10 Richest Ugandan Artists and their Net worth . Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. Please enter your username or email address to reset your password. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member 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. 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. Richest Politicians. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. Patrick Bitature net worth is $100 million. Ragga Dee He is one of the Veteran musicians in Uganda. Alykhan Karmali is among the richest people in Uganda born to immigrants. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. This investment has been known for driving a huge amount of money into Johns bank account. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. 2022 Hard Rock Media. 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. 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. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. In 2014, Galla won the seat by a margin of 69,111 votes. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. Under the aegis of Mukwano Family, Alykhan Kharmali has claimed a notable position amidst the richest Ugandans, especially as he remains the main force behind one of Uganda's famous companies. 3 August 2017, 9:10 am. Forth on our top richest companies in Uganda is an old but gold company. 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. 2. Most of Ugandas exports are agricultural products. #top10richest #tycoons. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. 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. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. 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. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. 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. 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. Uganda Breweries Ltd came into existence shortly after World War II in 1946. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. In May 2015, he was re-elected to a second and final two-year term. Stanley Githunguri made the list of wealthiest people in kenya. Haruna Sentongo is another new entrant on the top 10 wealth list. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. In fact, he is one of the major investors in education most especially in the Seeta High Schools. Uganda is an East African country with a thriving economy. 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. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. However, not all of them receive numerous attendants since some are small in size. According to Forbes, he has a net worth of $700 million. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. 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 occupied the seat after defeating President Yoweri Museveni in the parliamentary election. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. This article, therefore, presents to you the top ten richest Ugandans including their net worth. Coffee, tea, fish, and cotton are among its top exports. His net worth was about $1.2 billion as of 2019. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Do you have a story in your community or an opinion to share with us: Email us at, Presidents Museveni, Ramaphosa call for increase in trade between Uganda and South Africa, Rwenzori young people tipped off about youth-friendly services, MPs question Shs57 billion payment to US company, MPs approve Budget Framework Paper in readiness for Financial Year 2022/23 Budget. Helen Adoa is one of the most recognized and famous politicians in Uganda. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. 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. In fact, almost all posh hotels in Eastern Uganda belong to her. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. In 2012, Uganda Investiment Authority named Miraj Barotas the youngest entrepreneur, he invested over $30 millioninTirupati Development, a real commercial estate Which includes Ovino market, Mazima mallin Kabalagala,Kyebando warehousesand etc. Hon. In thirty-sixth spot is the BSP's Rakesh Pandey. The company is usually regarded as Ugandas biggest seller of MTN airtime. However, many backbench MPs. Deox is also one of the youngest billionaires in Uganda, he is the founder of a very powerful and efficient full-service law firm known as Tibeingana and Company Advocates which handles legal work for giant companies, he is an advocate of the high court of Uganda and all courts of judicature in Uganda, he is also the owner of Rivonia Hotel located in Mbuya, in Kampala, his hotel has 16 suites and a luxurious health club, he is also a real estate dealer. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Geoffrey Lutaaya. He is actually a lawyer and a politician. With a swooping revenue of 44.9 million USD as of 2016. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. 1. [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. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. 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. 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. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. 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. 2. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. 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. 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. A BigEye Uganda Media Company. 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. Charge Faster and Play More with the new P38 Pro. 1. 7. Irwin remains one of the richest people in Zambia in . But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Bobi Wine - Net Worth $7.3 million . Afterward, he became a distributor of Goodyear tyres in Rwanda. 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. 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. 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. RK is married to Shrimati Rita Kishore Sinha, with two children. He is also one of those that derive most of their wealth from the political arena. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. Every MP was granted more than $41,000 in 2013 to buy personal cars and also free ipads which were estimated to cost a total of $370,000. The richest and wealthiest MPS and politicians. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Top 7 Richest politicians and MPs in Uganda. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Nana Akufo-Addo - Net Worth: $250 Million Dollars. The names are arranged alphabetically, using the first name to select rank. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. 11.Sembule Family- They own Sembule Steel Rolling . 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. Bob Kabonero is a Ugandan businessman and entrepreneur. The unlikely social media star owns a 15 per cent stake in a capital . Thomas Tayebwa is one of the Richest but Unknown politicians 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. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. 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. Mohamed Ali Hon. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. 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 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. 10. As their businesses thrive, their net wealth will continue to increase. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. In 1987, he flew to Uganda for the first time to see his older brother, Mohammed El Hamid, who ran Pan Afric Impex, a commodity trading company. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. 4,043.48 richest mps in uganda and immovable assets are worth Rs 4,043.48 crore and immovable assets are news, podcasts etc our! Since some are small in size, Museveni currently accused Voice of Lango of the! 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