Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. 15. He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. Back in 2012, he contested the presidential elections in Ghana but lost the seat of the presidency. Nadine Dorries, Culture Secretary: 157,000. 1. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. 3 August 2017, 9:10 am. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. Kimani is worth an estimated Kshs 500 million. This is mainly because of his behavior towards tackling unemployment in the country. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. However, real estate remains the backbone still holding his wealthy position. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. 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. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. 7. This article, therefore, presents to you the top ten richest Ugandans including their net worth. 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. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Net Worth 2022 - $500,000. Ravinder Kishore Sinha Biha. 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. Additionally, the hotel is a three-star hotel. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Uganda is an East African country with a thriving economy. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. 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. Mohamed Ali is Nyali Constituency's member of parliament. 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. Your email address will not be published. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. 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. Sudhir has maintained his Forbes net worth of USD 1.2 billion. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. Among the table posts Charles held, he was chairman of the Uganda Securities Exchange in 2010, a member of the Presidential Investor Roundtable, which includes an elite group of businesspeople advising the President of Uganda on how to best improve the competitiveness and business conditions of the country. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. He was also a member of the Presidential Investor Roundtable. 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. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. These businessmen have made their wealth by investing in different sectors. 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.. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . 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. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. The company is usually regarded as Ugandas biggest seller of MTN airtime. The richest and wealthiest MPS and politicians General Salim Saleh Although not . Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Patrick Bitature is the seventh richest man in Uganda. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Christine Nabukeera is known among the rich circles as Senga Nabukeera. The business magnate hails from the Kabarole region. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. That makes him one of the richest people in Uganda. . Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. With a net worth of approximately $300 million, he is one of the richest people in Uganda. She is also a major player in the investment circle before joining politics. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. Latest list of the top 5 richest Pastors in Uganda 2022. She is also one of the property moguls in Kampala. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. He won the seat on an independent ticket and has served the people remarkably well. 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. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. In 2018, Carl Irwin retired from the company aged 52. Under the leadership President Yoweri Museveni, these people have amassed large . The book has also been voted as the best book of the year in the area of Business Motivation. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. Net Worth 2022 - $620,000. Being an Uganda businessman, entrepreneur, industrialist, and histopathologist in Uganda, Sikander was given birth to on the 4th of October, 1944 in Nsambya Hospital, Uganda. This is because of the numerous opportunities provided by the country to both private and public organizations. She is the second rich female politician in the country after Rebecca. The biggest church in Uganda today is the Miracle Centre Cathedral Church in Kampala owned by Robert Kayanja. When genocide erupted in Rwanda in 1994, he fled to Tanzania. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. Uganda Breweries Ltd came into existence shortly after World War II in 1946. Simba Telcom is the largest selller of MTN airtime in Uganda. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. He is one of those that put their focus on the communication sector in the country. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. 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. Bitature established the Simba Telecom Limited company in 1998. 2 billion. 10/10. Contacts of Mps in the 11th by Daily Express It has also been clearly stated by him to Museveni that he doesnt want to come back to the cabinet so he can face and develop his empire very well. Additionally, she is considered as one of the powerful women in the country. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. 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. As their businesses thrive, their net wealth will continue to increase. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. 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. 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. Stanley Githunguri. In 2013 he was made a Knight of the Order of St. John. Being President for over 38 years he has immersed wealth controlling milk production and Distribution in Uganda with his Ankole Rwakitura Farm and other farms in Ankole. He is also one of those that derive most of their wealth from the political arena. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. 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. The gap in educational attainment between children from the richest and poorest families was a problem long before the .. Apr 28, 2021 Member of Parliament, Kyadondo County East, Uganda . Irwin remains one of the richest people in Zambia in . 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. All MPs earn a basic salary of 74,000 a year, with . She has been in the political system since 1989. His net worth amounts to $800 million, making him the second richest man in Uganda. He is the founder and chairman of the Aya Groups executive board of directors. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. He is in top 10 richest people in Uganda. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. 2 Dec . A BigEye Uganda Media Company. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. He is the chairman and principal stakeholder of the Ruparelia Group's firms. He is currently the chairman and the major shareholder of the Aya Group of companies. Alph Lukau - $1 Billion. Forth on our top richest companies in Uganda is an old but gold company. This investment has been known for driving a huge amount of money into Johns bank account. The per capita income in Uganda in 1999 was approximately US$650 annually. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. With a net worth of over $1 billion, he is the second richest man in Uganda today. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. 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. 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. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. ", "Kabonero has no shares in Kampala Casino - defendant", "Tycoon BMK In USh112 Million (US$46 Million) Rent Row", "Executive Pay: Unveiling Uganda's Eight-Figure Executives", "MTN's Charles Mbire named richest Indigenous Ugandan in latest survey", "How Mugerwa made his mark in printing business", "In 2012, Elvis Sekyazi's Net Worth Was Estimated At About US$12 Million", "Tycoon Kirumira Collapses Under Police Questioning", "Wavamunno Tells His Entrepreneurial Journey", "Isaac Mulindwa, dad partner with Indian tycoon to set up university", "List Of Ugandan Young BillionairesWho Will Inspire You To Work Hard", "Focus on Uganda: Securing Long Lasting Lustre And Resilience To The Pearl Of Africa", "Pictorial: Tycoon Hamis Kiggundu's Residence Very Safe And Not Flooded As Alleged", "NRM War, Corruption And Incompetence Have Helped Dr. Ian Clarke "Busulwa", "Sudhir, Bitature Ranked Top Earners From Stock Exchange", "Richest Man in Uganda and their networth", "Mugoya's KSh342 Million Award And The Art of Cowboy Contracting", "Renowned Businessman James Mulwana Is Dead", "James Mulwana 1936-2013: At The Time of Death, His Net Worth Was Valued At About US$30 Million", "Location Gives Arua An Edge In Business", "Court Issues Arrest Warrant for Jomayi Boss", "Police To Crack Down On Indiscipline Among Private Security Companies", "Juggled Business and Books At Eight Years", "Meet Mohammed Hamid, The $200 Million Milling Tycoon Of Uganda", "Mohammed Hamid the Hilton Hotel Uganda Owner: From a street vendor to a billionaire", "Bitature 'Milks' Cash From High - Breed Animals", "Local Firm Negotiates Shs28 Billion Property Development Deal", "Local Supermarkets Vie for Market Share", "Fort Portal And Kampala Experiment With New Solid Waste Management Systems", "How Sam Otada Inherited And Grew The Family Business", "My Husband's Death Woke Me To The Realities of Life", "The Maize Seeds That Sprouted Iganga's Mwaana Empire", "Sikander Lalani: Uganda's steel magnate", "Forbes Releases 2019 List Of Top 10 Richest People In Uganda And Their Net Worth, Sudhir Still On Top!
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