Bob Kabonero is a Ugandan businessman and entrepreneur. Nadia Kabahita Mbire is one of only two daughters born to tycoon Charles Mbiire, Uganda's richest indigenous man whose worth is estimated at US$200 million. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. This has significantly added to the improvement of the economic condition of the country. 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. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. These businessmen have made their wealth by investing in different sectors. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Crown is a blue-chip beverage firm that produces premium carbonated soft beverages such as Pepsi, Mirinda, Mountain Dew, Sting, Evervess, and Nivana Mineral Water. 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. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. Stanley Githunguri. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. He has also been on the spotlight for promoting homophobia in Uganda. Just like with many other entrepreneurs in the country, Gordon has investments across numerous companies including Wavah FM, Wavah Water Limited, GM Tumpeco Limited, and numerous others. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Your email address will not be published. A Subsidiary of Daily Express Media Ltd. 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As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. 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. He was also awarded an honorary doctorate from Makerere University. Net Worth 2022 - $620,000. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Muwonge is an allusive billionaire who is rarely seen in public. On top of that Sudhir has not stopped his support for charitable works and other social causes. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. Mohamed Ali is Nyali Constituency's member of parliament. Also Read:Top 10 Richest People in Africa. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. Rebecca is also the richest female politician in the country. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Karmali also sat on the board of directors of Exim Bank (Uganda), a commercial bank in which Karmalis Mukwano Group owns a 36.5 percent stake. Coffee, tea, fish, and cotton are among its top exports. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. The company is usually regarded as Ugandas biggest seller of MTN airtime. 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. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. 2. Richest People. This is a private university in Kampala, Ugandas capital city. Geoffrey Lutaaya. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. He is the owner of Protea Hotels East Africa. 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. 2022 Hard Rock Media. The per capita income in Uganda in 1999 was approximately US$650 annually. Ravinder Kishore Sinha Biha. 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. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. Patrick Bitature net worth is $100 million. Save my name, email, and website in this browser for the next time I comment. In May 2015, he was re-elected to a second and final two-year term. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. Jyotsna Ruparelia. Tags. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. Net Worth 2022 - $700,000. 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. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. Universities, schools, real estate, animal skins and hides, hospitality. Nadine Dorries, Culture Secretary: 157,000. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. She has been in the political system since 1989. 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 occupied the seat after defeating President Yoweri Museveni in the parliamentary election. He is building warehouses for agro produce sales and rents them out. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. "All Government remunerations should be . Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. 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. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. He is the leader in Private High school education in the entire country with a chain of schools. Boris Johnson, Prime Minister: 157,372. 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. Patrick Bitature is the seventh richest man in Uganda. 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. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. In fact, some of her citizens on the list of richest men in Uganda occupy some position in the Forbes List of rich individuals in the World. Mohamed Ali Hon. Alykhan Karmali is among the richest people in Uganda born to immigrants. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. 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. 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. This is mainly because of his behavior towards tackling unemployment in the country. 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. Muwonge makes all the money and takes it all. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. 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. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Hamis has invested in real estate, agro-processing, education, and technology among others. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. The richest and wealthiest MPS and politicians General Salim Saleh Although not . 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 addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. From the time his company was registered, in 17 June 2011, Ssentongo Haruna has guarded its ownership at 99% and another 1% owned by Laura Nalukwago. According to Forbes, he has a net worth of $700 million. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. 3. 2 Dec . 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. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Who is the richest musician in Uganda today? Required fields are marked *. 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. 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. According to Forbes, he has a net worth of $900 million. Alykhan Karmali is among the richest people in Uganda born to immigrants. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. 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. Uganda is an East African country with a thriving economy. 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. The outspoken young tycoon is said to be collecting not less than USD1 million a month. Today, we walk you through the top ten richest Ugandans including their net worth. 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. Mugisha who is married to a presidents second daughter, Patience Museveni was also awarded the 2007 CHOGMcommunication and publicity contract which he managed with Saatchi & Saatchi Company. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. He is the chairman and principal stakeholder of the Ruparelia Groups firms. 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. Copyright 2023 Daily Express Uganda. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Top 7 Richest politicians and MPs in Uganda. 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. 4. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. A BigEye Uganda Media Company. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Forth on our top richest companies in Uganda is an old but gold company. ADVERTISEMENT. 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. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Bitature established the Simba Telecom Limited company in 1998. In 2018, Carl Irwin retired from the company aged 52. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Also, agriculture has been known as a major contributor to the growth of the economy. Save my name, email, and website in this browser for the next time I comment. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Alykhan is also one of the major investors in the banking and manufacturing sectors. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. 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. Real Estate, Hospitality, International trade. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. The per capita income in Uganda in 1999 was approximately US$650 annually. Sudhir Ruparelia. He was also a member of the Presidential Investor Roundtable. Do you have a story or an opinion to share? 2. Please enter your username or email address to reset your password. Under his tenure, the Mukwano Group Initiative maintains 36.5 percent shareholding. Thats all about the richest men in Uganda. Uganda's new list of the wealthiest, according to sources, has also changed tremendously with big names such as Patrick Bitature, Charles Mbire, among others, dropping off the top 10 as previously reported. 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. With a swooping revenue of 44.9 million USD as of 2016. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Richest Women in Uganda. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. Sudhir has maintained his Forbes net worth of USD 1.2 billion. Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. However, despite being a rich and developing country, Uganda also houses numerous millionaires and billionaires. He is worth USD1 billion. 2. 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. This came as a recognition of his contribution to the countrys economic progress. Sikander Lalani. Additionally, the hotel is a three-star hotel. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. 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