Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. (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 . That makes him one of the richest people in Uganda. Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. Bitature established the Simba Telecom Limited company in 1998. Zambia. 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. Rebecca is also the richest female politician in the country. 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. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Besides, Hirji was a renowned car racing driver in the 1970s. Banyankole. Hon. Uganda is an East African country with a thriving economy. In thirty-sixth spot is the BSP's Rakesh Pandey. 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. 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. In fact, almost all posh hotels in Eastern Uganda belong to her. 1. 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. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. Sikander happens to be one of the oldest Ugandan entrepreneurs. John is believed to be the second richest politician in Uganda. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. 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 Women in Uganda. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. Tags. It is a common belief in Uganda that his company is the source of his wealth. Latest list of the top 5 richest Pastors in Uganda 2022. He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. 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. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Just like many other entrepreneurs in the country. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Pastor Joseph Sserwadda. Bob Kabonero is a Ugandan businessman and entrepreneur. On top of that Sudhir has not stopped his support for charitable works and other social causes. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Uganda Breweries Ltd. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. 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. MP and senior opposition leader Ken Lukyamuzi once told Aljazeera that they earn 15 million shillings as basic salary, which is about $6,100 every month. These businessmen have made their wealth by investing in different sectors. Source: Roofing sheets. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. 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 is also one of the property moguls in Kampala. He was a previous member of the Uganda Development Banks board of directors. Richest Conservative MPs listed as second jobs bring in up to 1m each By Craig Meighan @CraigyMeighan Multimedia Journalist Share 1 Comments Theresa May, Owen Paterson (right) and Sajid Javid are among the highest earners in the House of Commons DESPITE earning more than 90% of UK earners, many MPs choose to take on second jobs. He came into the parliament in 2016 as a rich individual. Net Worth 2022 - $620,000. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. 8. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. The biggest church in Uganda today is the Miracle Centre Cathedral Church in Kampala owned by Robert Kayanja. However, the contributing factor is not only the fund generation by the Government. Forth on our top richest companies in Uganda is an old but gold company. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. The Pyramids Casino and Kampala Casino are two of his business ventures. Patrick Bitature is the seventh richest man in Uganda. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. 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. 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. He is known as a fortunate man because he started his business with a meager sum of about $25,000. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. 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. Real Estate, Hospitality, International trade. When genocide erupted in Rwanda in 1994, he fled to Tanzania. Bobi Wine is the richest musician in Uganda today. 1. 10. 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. 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. 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. Mr. Mbire has made his wealth by investing in diverse sectors. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. He was appointed as the Attorney General in the country by Museveni. His net worth was about $1.2 billion as of 2019. 2. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. He is currently the chairman and the major shareholder of the Aya Group of companies. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. Session of the United Nations General Assembly. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Required fields are marked *. 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. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. 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. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. Sudhir Ruparelia. . Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. This has significantly added to the improvement of the economic condition of the country. Muwonge could be valued at usd1.8 billion. 2022 Hard Rock Media. As their businesses thrive, their net wealth will continue to increase. Read also. Please enter your username or email address to reset your password. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! This article, therefore, presents to you the top ten richest Ugandans including their net worth. The controversial preacher is said to be the richest pastor in Africa with an . Save my name, email, and website in this browser for the next time I comment. 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. Contacts of Mps in the 11th by Daily Express Net Worth 2022 - $900,000. In 2013, he was appointed Knight of the Order of Saint John. He is a young billionaire that discovered a state of art buildings around kampala, he is the owner of a very popular real estate multi-billion company in the city known as Ham Enterprises which includes commercial buildings such as Ham Shopping Centre at St.Balikudembe Market commonly known as Owino which is reportedly said to be partly undertaken as a public private partnership with Nakivubo Stadium Board of Trustees and another Ham Towers is located next to Makerere University main gate and etc. Sudhir has maintained his Forbes net worth of USD 1.2 billion. 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. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. He is also one of those that derive most of their wealth from the political arena. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. 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. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. businessdaily. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. 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. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. Coffee, tea, fish, and cotton are among its top exports. He is also one of those that derive most of their wealth from the political arena. The company is usually regarded as Ugandas biggest seller of MTN airtime. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Bobi Wine is also one of the Richest politicians in Uganda. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Stanley Githunguri. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. Afterward, he became a distributor of Goodyear tyres in Rwanda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. He was also awarded an honorary doctorate from Makerere University. In 2010, he was chairman of the Uganda Securities Exchange. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. 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. 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. Your email address will not be published. 2. This came as a recognition of his contribution to the countrys economic progress. Irwin remains one of the richest people in Zambia in . John Bosco Muwonge tops the list of richest people in Uganda in 2022. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. His net worth amounts to $800 million, making him the second richest man in Uganda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. Ronald Mayinja. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Alykhan Karmali is among the richest people in Uganda born to immigrants. Sikander Lalani. A Subsidiary of Daily Express Media Ltd. 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He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. Thats all about the richest men in Uganda. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. 2 billion. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. 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 . Also Read:Top 10 Richest People in Africa. The richest people in Uganda 2022 include native Ugandans as well as businessmen who are born to immigrants. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. "All Government remunerations should be . His wealth is in real estate and recreation Centre with his popular property of the One love Beach and several Apartment in Kyadondo and Throughout Kampala and Wakiso. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. 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. Mohamed Ali is Nyali Constituency's member of parliament. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. 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 (Archived from the original on 4 March 2016), "Mulis Alykhan Karmali Enters Into Shs se Billion Deal for Construction of Acacia Mall, Kampala", "Five Ugandan Multi-Millionaires You Should Know", "Andrew Rugasira: Can Coffee Transform Lives In Africa? According to Forbes, he has a net worth of $900 million. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. Hamis has invested in real estate, agro-processing, education, and technology among 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. 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. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Hon. However, many backbench MPs. Kimani is worth an estimated Kshs 500 million. Please whitelist to support our site. 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. A BigEye Uganda Media Company. He definitely has numerous sources of income. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Muwonge is an allusive billionaire who is rarely seen in public. 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. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. 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. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. However, not all of them receive numerous attendants since some are small in size. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Hakainde Hichilema is number one on this list for Richest Zambian Politicians, currently working on the University project to cost over $80 million, having a net worth estimated to be about $1.0 billion dollars. Uganda Breweries Ltd came into existence shortly after World War II in 1946. He has been in the parliament since 1980 and he was the former President of the 69. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. In fact, he is one of the major investors in education most especially in the Seeta High Schools. Although he is no longer in service of the government, he is very wealthy. List of wealthiest men in Uganda. 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. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. 3. He is one of the youngest billionaires in Uganda holding a Bachelors degree in sociology from Makerere University, he is one of the Co- founders ofPepper Publications ( Red Pepper, Entasi, Kamunye ) aswell as Juice FM, besides, Arinaitwe is also one of the directors of a finance institution called Synod Investments. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. Find out more here! Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Ruparelia an honorary doctorate from Makerere University businessmen who are born to immigrants, Hirji a. 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