In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. 1. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. Haruna Sentongo is another new entrant on the top 10 wealth list. 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. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. As their businesses thrive, their net wealth will continue to increase. Just like Yeri, she has made massive investments in the educational sector. Here is the list of top 10 Richest Men in Ghana. All Rights Reserved. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. Here are the richest tribes in Uganda. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. 2023 BigEye.UG. And finally on the list, Haruna Mubiru. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. He was also awarded an honorary doctorate from Makerere University. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. Top 7 Richest politicians and MPs 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 . 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. Copyright 2023 Daily Express Uganda. 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. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. 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. Net Worth 2022 - $700,000. Muwonge could be valued at USD 1.8 billion. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. 8. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. 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 is the founder and chairman of the Aya Groups executive board of directors. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. 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. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Required fields are marked *. He is in top 10 richest people in Uganda. 3. Save my name, email, and website in this browser for the next time I comment. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. His elder . Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. 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. In fact, almost all posh hotels in Eastern Uganda belong to her. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. 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. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. The richest and wealthiest MPS and politicians General Salim Saleh Although not . [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. However, not all of them receive numerous attendants since some are small in size. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. He opened a plant in Kigali in 1978 to produce roofing materials. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. In the top 10 districts ranked by average income (GDP per capita), Wakiso is followed by Kampala at Shs9,587,960 ($2,655), Mukono at Shs6,276,410 ($1,738), Masaka with Shs4,911,350 ($1,360), Jinja. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. This has significantly added to the improvement of the economic condition of the country. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. These businessmen have made their wealth by investing in different sectors. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. 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. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. He was also a member of the Presidential Investor Roundtable. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. In 2013 he was made a Knight of the Order of St. John. The project, costing millions of dollars, is funded by Kiggundus company. Mr. Mbire has made his wealth by investing in diverse sectors. Pastor Joseph has an estimated Net Worth of around 840 Million. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. The unlikely social media star owns a 15 per cent stake in a capital . These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Afterward, he became a Goodyear tyre distributor in Rwanda. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. List of wealthiest men in Uganda. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. Zambia. However, Newslex point research team analyzed a few successful young men in Uganda who have managed to become their own bosses by creating their own businesses, they are truly innovative and inspirational young entrepreneurs in the country with multi-billions. 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. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Alykhan Karmali is among the richest people in Uganda born to immigrants. Besides, Hirji was a renowned car racing driver in the 1970s. Back in 2012, he contested the presidential elections in Ghana but lost the seat of the presidency. 3. 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. Richest People. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. Like many of Ugandas richest men of foreign roots, Charles Mbire who is An entrepreneur and investor was born in 1959 in Mparo, Rukiga District. 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. Sudhir Ruparelia. Also Read:Top 10 Richest People in Africa. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . Additionally, she is considered as one of the powerful women in the country. According to Forbes, he has a net worth of $700 million. Net Worth 2022 - $620,000. 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 report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. He has been in the parliament since 1980 and he was the former President of the 69. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. However, many backbench MPs. Muwonge could be valued at usd1.8 billion. The outspoken young tycoon is said to be collecting not less than USD1 million a month. 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. Save my name, email, and website in this browser for the next time I comment. Patrick Bitature is the seventh richest man in Uganda. Muwonge could be valued at usd1.8 billion. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. 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. He was appointed as the Attorney General in the country by Museveni. 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. Universities, schools, real estate, animal skins and hides, hospitality. 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 of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. With a net worth of approximately $300 million, he is one of the richest people in Uganda. On top of that Sudhir has not stopped his support for charitable works and other social causes. 2022 Hard Rock Media. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Sudhir Ruparelia is the richest person in Uganda. Kimani is worth an estimated Kshs 500 million. 3 August 2017, 9:10 am. 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. 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