But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. Check out the list of Uganda's top 10 richest men John Bosco Muwonge Sudhir Ruparelia Mohammed Hamid Drake Lubega Alykhan Kharmali Charles Mbire Sikander Lalani Aaron Mukooza Gordon Wavamunno Patrick Bitature Top 10 Wealthiest Men Of Uganda In 2023 Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. He became enamored with the country and decided to stay. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. Patrick Bitature is the seventh richest man in Uganda. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. 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. John is believed to be the second richest politician in Uganda. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. He was worth $ 500 million by 2021. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. 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. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. In thirty-fifth spot is the BJP's Suresh Angadi. 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. Afterward, he became a distributor of Goodyear tyres in Rwanda. 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. Richest Politicians. *********. This also drags him into the list of the richest men in Uganda. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. Dr. Sudhir Ruparelia. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. A BigEye Uganda Media Company. Here are the richest tribes in Uganda. The richest people in Uganda 2022 include native Ugandans as well as businessmen who are born to immigrants. 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. 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. Shaikh Mohammed bin Rashid al Maktoum. Banyankole. 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. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. The names are arranged alphabetically, using the first name to select rank. This investment has been known for driving a huge amount of money into Johns bank account. Your email address will not be published. Here are the richest tribes in Uganda. Andrew Ojok Oulanyah is a Ugandan politician . The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . 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. 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 . The outspoken young tycoon is said to be collecting not less than USD1 million a month. 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. 3. She is also one of the property moguls in Kampala. 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. In 2014, Galla won the seat by a margin of 69,111 votes. 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. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. . Save my name, email, and website in this browser for the next time I comment. Another interesting fact to know is that Charles Mbire actually didnt start on a platter of gold and his story always serves as a form of motivation and inspiration for emerging businessmen or women and entrepreneurs. His elder . Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Helen Adoa is one of the most recognized and famous politicians in Uganda. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Christine Nabukeera is known among the rich circles as Senga Nabukeera. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. Simba Telcom is the largest selller of MTN airtime in Uganda. 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. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. 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. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. "All Government remunerations should be . The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. 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. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. She is also a major player in the investment circle before joining politics. 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. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. He was a previous member of the Uganda Development Banks board of directors. 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. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Stanley Githunguri made the list of wealthiest people in kenya. Do you have a story or an opinion to share? He came into the parliament in 2016 as a rich individual. In addition to being an active businessman and entrepreneur, he is also a philanthropist and this has been supported by the enormous amount of money and properties he has donated in such course. 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. Bitature has over the years built other businesses within the Simba Group of Companies. 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. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. He is also the owner of Protea Hotels East Africa. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. 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. Additionally, the hotel is a three-star hotel. 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 is the founder and chairman of the Aya Groups executive board of directors. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. 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. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Sentongo is a young business man owning a multi-billion real estate company known as Haruna Enterprises which includes commercial building in the city such as Haruna Towers in Wandegeya and another one located in Ntinda, one of Kampalas suburbs. Bobi Wine is the richest musician in Uganda today. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. Net Worth 2022 - $620,000. 4. 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. Just like Yeri, she has made massive investments in the educational sector. John Sebalamu is a multiple property owner in Uganda credited with starting the culture of the now mushrooming shopping arcades in the heart of Kampala. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. However, the contributing factor is not only the fund generation by the Government. In thirty-sixth spot is the BSP's Rakesh Pandey. 11.Sembule Family- They own Sembule Steel Rolling . Mr. Mbire has made his wealth by investing in diverse sectors. He is currently the chairman and the major shareholder of the Aya Group of companies. Contacts of Mps in the 11th by Daily Express 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. The project, costing millions of dollars, is funded by Kiggundus company. 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. Your email address will not be published. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Born in 1976, Hamid is one of the youngest richest people in Uganda. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. His net worth is more than USD 290 Million. 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. Hon. However, not all of them receive numerous attendants since some are small in size. Today, there are numerous churches available for worship in Uganda. However, real estate remains the backbone still holding his wealthy position. 10/10. Geoffrey Lutaaya. 2023 BigEye.UG. Top 7 Richest politicians and MPs in Uganda. 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 was also honored with an honorary doctorate degree from Makerere University. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. The per capita income in Uganda in 1999 was approximately US$650 annually. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. This is because of the numerous opportunities provided by the country to both private and public organizations. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. 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. 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. Afterward, he became a distributor of Goodyear tyres in Rwanda. Jyotsna Ruparelia continues to maintain her wealthy status as Uganda's richest woman. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. 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. Sudhir Ruparelia. He is also the Uganda Manufacturers Associations chairman. Additionally, the number of rich individuals in the country has increased over the past years. 10. 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. 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