Deox is also one of the youngest billionaires in Uganda, he is the founder of a very powerful and efficient full-service law firm known as Tibeingana and Company Advocates which handles legal work for giant companies, he is an advocate of the high court of Uganda and all courts of judicature in Uganda, he is also the owner of Rivonia Hotel located in Mbuya, in Kampala, his hotel has 16 suites and a luxurious health club, he is also a real estate dealer. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Ravinder Kishore Sinha Biha. Sudhir Ruparelia is the richest person in Uganda. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. Top 10 Richest Politicians In Uganda 1. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. 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. 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. 10/10. The richest and wealthiest MPS and politicians. 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. The company is now a leading transporter in East and Central Africa. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Sudhir has maintained his Forbes net worth of USD 1.2 billion. He is the current chairman of Crown Beverages Limiteds board of directors. This has been linked to the numerous opportunities available 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. Hillary Onek also has a similar hotel in Kitgum District and he is currently setting up another multimillion structures as an extension of Bomah Hotel. With a swooping revenue of 44.9 million USD as of 2016. In 2012, Uganda Investiment Authority named Miraj Barotas the youngest entrepreneur, he invested over $30 millioninTirupati Development, a real commercial estate Which includes Ovino market, Mazima mallin Kabalagala,Kyebando warehousesand etc. 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. He was also a member of the Presidential Investor Roundtable. 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. Session of the United Nations General Assembly. Mugisha is a young billionaire owning a public relations company known asTerp Consult which has got several lucrative contracts from the government, the major one being the US$1 million Gifted By Nature CNNmarketing campaign. 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 was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. He was also honored with an honorary doctorate degree from Makerere University. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. He has been in the parliament since 1980 and he was the former President of the 69. Please enter your username or email address to reset your password. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in 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. List of wealthiest men in Uganda. Zambia. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. 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. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Uganda is an East African country with a thriving economy. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. Also, agriculture has been known as a major contributor to the growth of the economy. 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. 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. In May 2015, he was re-elected to a second and final two-year term. He is also the owner of Protea Hotels East Africa. Adam Becket. 8. 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. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. He came into the parliament in 2016 as a rich individual. 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. 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 has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Although he is no longer in service of the government, he is very wealthy. The Pyramids Casino and Kampala Casino are two of his business ventures. Nadine Dorries, Culture Secretary: 157,000. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. Net Worth 2022 - $900,000. Save my name, email, and website in this browser for the next time I comment. Forth on our top richest companies in Uganda is an old but gold company. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. However, the contributing factor is not only the fund generation by the Government. 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. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Sudhir Ruparelia - Net Worth: $1.2 Billion Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Latest list of the top 5 richest Pastors in Uganda 2022. As their businesses thrive, their net wealth will continue to increase. 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. Muwonge is an allusive billionaire who is rarely seen in public. She has been in the political system since 1989. In thirty-sixth spot is the BSP's Rakesh Pandey. Email us on: [email protected] Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. 11.Sembule Family- They own Sembule Steel Rolling . 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 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 . 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. She is the second rich female politician in the country after Rebecca. Alykhan Karmali is among the richest people in Uganda born to immigrants. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. The Chief Registrar, within the Judiciary, was at the scale of U1S, earning a monthly salary of Shs 4,804,800 which was equal to the counterpart in the Executive or Solicitor General. Who is the richest musician in Uganda today? *********. Charles Mbire is one of Ugandas richest native. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. He is an industrialist and owner of . Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. Below we bring you the list of the top 10 richest pastors in Africa. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. The business magnate hails from the Kabarole region. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. All MPs earn a basic salary of 74,000 a year, with . 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. Hamis has invested in real estate, agro-processing, education, and technology among others. Afterward, he became a Goodyear tyre distributor in Rwanda. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. 2 Dec . 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. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. 10. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. This article, therefore, presents to you the top ten richest Ugandans including their net worth. Mr. Mbire has made his wealth by investing in diverse sectors. He is in top 10 richest people in Uganda. Besides, Hirji was a renowned car racing driver in the 1970s. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Born in Uganda in 1965, he is the youngest of three children in the family. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. This came as a recognition of his contribution to the countrys economic progress. 1. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. John Bosco Muwonge tops the list of richest people in Uganda in 2022. 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. He is a business expert, a politician, and a journalist. The richest and wealthiest MPS and politicians Contents General Salim Saleh President Museveni Sam Kuteesa Thomas Tayebwa John Chrysestom Muyingo Bobi Wine Rebecca Kadaga General Salim Saleh Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. Richest Women in Uganda. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. Source: Roofing sheets. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. 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. Subscribe to our newsletter to get our newest articles instantly! Geoffrey Lutaaya. He is also one of those that derive most of their wealth from the political arena. Alykhan Karmali is among the richest people in Uganda born to immigrants. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. 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. Kiggundu was honored with an award in 2018 for his book, Success and Failure Based on Reason and Reality. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. 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. With net assets of Rs 338 crore (Rs 3.38 billion), Doddaalahalli Kempegowda Suresh, better known as D K Suresh, is the only Congress member from Karnataka and the third richest MP. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. 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. Kimani is worth an estimated Kshs 500 million. Banyankole. A fast-growing economic situation in the country has contributed to the many investments carried by Ugandans, thereby growing the economy very fast. 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