In 2010, he was chairman of the Uganda Securities Exchange. Just like many other entrepreneurs in the country. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. In 1987, he flew to Uganda for the first time to see his older brother, Mohammed El Hamid, who ran Pan Afric Impex, a commodity trading company. With a net worth of over $1 billion, he is the second richest man in Uganda today. 4. However, real estate remains the backbone still holding his wealthy position. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. In 2014, Galla won the seat by a margin of 69,111 votes. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. Mr. Mbire has made his wealth by investing in diverse sectors. 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. He is a business expert, a politician, and a journalist. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. 3. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. 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. Muwonge makes all the money and takes it all. 3. That makes him one of the richest people 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. Sudhir Ruparelia. 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. Subscribe to our newsletter to get our newest articles instantly! The musician turned politician is arguably one of the richest musicians in Uganda. The names are arranged alphabetically, using the first name to select rank. Shaikh Mohammed bin Rashid al Maktoum. He is the founder and chairman of the Aya Groups executive board of directors. 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. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. 10. Muwonge could be valued at USD 1.8 billion. 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. 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. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. However, not all of them receive numerous attendants since some are small in size. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. According to Forbes, he has a net worth of $900 million. Alykhan is also one of the major investors in the banking and manufacturing sectors. Copyright 2023 Daily Express Uganda. The business magnate hails from the Kabarole region. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. 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. He is currently the chairman and the major shareholder of the Aya Group of companies. This has significantly added to the improvement of the economic condition of the country. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. This is because of the numerous opportunities provided by the country to both private and public organizations. Sudhir has maintained his Forbes net worth of USD 1.2 billion. Rebecca Kadaga after serving in government for over 25 years is also one of the richest national in politics making the list as the only woman. 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. 1. Mohamed Ali is Nyali Constituency's member of parliament. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. This investment has been known for driving a huge amount of money into Johns bank account. David Thompson spoke to Ipsos MORI chief executive Ben Page and The Times' associate editor Alice Thomson about the list, which sees Lord Ashcroft taking the gold spot, and Richard Benyon named as. Richest People. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. Top 7 Richest politicians and MPs in Uganda. 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. He says that's all in the past. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. According to Forbes, he has a net worth of $700 million. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. 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. Muwonge could be valued at usd1.8 billion. The per capita income in Uganda in 1999 was approximately US$650 annually. 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. Alykhan is known as a reputable and diligent businessman 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. 1. The richest and wealthiest MPS and politicians. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano 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. The unlikely social media star owns a 15 per cent stake in a capital . When genocide erupted in Rwanda in 1994, he fled to Tanzania. 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. Mohamed Ali Hon. According to Forbes, he has a net worth of $900 million. 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. 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. She has wealth in Land and real estate in Jinja and Kampala. (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? President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. 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. Net Worth 2022 - $500,000. Simba telcom also owns Kampala Pretoria hotel. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Latest list of the top 5 richest Pastors in Uganda 2022. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. 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. 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. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Comcraft had more than $2 billion in yearly revenue in 2015, employed over 30,000 people across three continents, and was Africa's largest steel maker. Afterward, he became a distributor of Goodyear tyres in Rwanda. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Bitature established the Simba Telecom Limited company in 1998. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. The list is not exhaustive, and net worth values are hard to determine.[3]. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. Today, we walk you through the top ten richest Ugandans including their net worth. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Today Uganda has got many billionaires including the likes of Sudhir Ruparelia, Wavamuno, Basajjabalaba and many others, the youth have also fought for themselves by creating jobs and others through various annual inspirational brain-storming programmes such as the Pakasa forum etc, I am telling you if you happen to attend any of these programmes, you will learn how to make money and it will widen your mind. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Unlike billionaires such as Sudhir Ruparelia who spends a lot on social causes in his charity and corporate social responsibility activities, Mr. Muwonge collects a lot of money from his many commercial buildings in Kampalas central business district and focuses on building. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. 3 August 2017, 9:10 am. John Muyingo is the Director of Seeta School which are the most prestigious High school in Uganda with over Four Campuses in Seeta main, Seeta Gree, Forest Hill and Seeta Mbalala Campus. Even though there have been numerous contradictions to the absence of corrupt politicians in the political system of the country, there still exists some that acquire their wealth using their creativity. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. This has been linked to the numerous opportunities available in the country. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. RK is married to Shrimati Rita Kishore Sinha, with two children. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. He is the chairman and principal stakeholder of the Ruparelia Group's firms. It is a common belief in Uganda that his company is the source of his wealth. He was born on October 25, 1974. 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. (adsbygoogle = window.adsbygoogle || []).push({}); Top 10 Richest Politicians In Uganda 2021, 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. Read also. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. In 2013, he was appointed Knight of the Order of Saint John. Born in Uganda in 1965, he is the youngest of three children in the family. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. He opened a plant in Kigali in 1978 to produce roofing materials. Born in 1976, Hamid is one of the youngest richest people in Uganda. Even though most of her investments are hidden, she is known for having numerous investments in hotels. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. 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. 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. In thirty-fifth spot is the BJP's Suresh Angadi. Stanley Githunguri made the list of wealthiest people in kenya. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Jayadeva Galla. This is because he is a known and important figure in the sector. 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. Rebecca is also the richest female politician in the country. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. Top 10 Richest Men In Uganda 1. With a net worth of approximately $300 million, he is one of the richest people in Uganda. 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. He was born in Kampalas Nsambya Hospital on November 4, 1944. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Kimani is worth an estimated Kshs 500 million. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. She has been in the political system since 1989. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. Net Worth 2022 - $900,000. Save my name, email, and website in this browser for the next time I comment. He won the seat on an independent ticket and has served the people remarkably well. Every MP was granted more than $41,000 in 2013 to buy personal cars and also free ipads which were estimated to cost a total of $370,000. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. 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Bobi Wine - Net Worth $7.3 million . Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. 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. Here is the list of top 10 Richest Men in Ghana. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Besides, Hirji was a renowned car racing driver in the 1970s. This also drags him into the list of the richest men in Uganda. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. 8. Although he is no longer in service of the government, he is very wealthy. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. 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. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. He is one of those that put their focus on the communication sector in the country. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. Source: Roofing sheets. 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. 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. Geoffrey Lutaaya. Mohammed Hamid is considered one of the richest young millionaires in Uganda having emerging into the class of richest personalities at a very youthful age. Alykhan Karmali is among the richest people in Uganda born to immigrants. He is known as a fortunate man because he started his business with a meager sum of about $25,000. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Hamis has invested in real estate, agro-processing, education, and technology among others. Bobi Wine is also one of the Richest politicians in Uganda. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. List of wealthiest men in Uganda. Alykhan Karmali is among the richest people in Uganda born to immigrants. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. Zambia. Net Worth 2022 - $620,000. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. Top 10 Richest Politicians In Uganda 1. 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. 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 current list of wealthiest politicians in Uganda. He became enamored with the country and decided to stay. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Ragga Dee He is one of the Veteran musicians in Uganda. This is a private university in Kampala, Ugandas capital city. 7. Forth on our top richest companies in Uganda is an old but gold company. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. He has been in the parliament since 1980 and he was the former President of the 69. He is an industrialist and owner of . 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. Also, agriculture has been known as a major contributor to the growth of the economy. In fact, he is one of the major investors in education most especially in the Seeta High Schools. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Save my name, email, and website in this browser for the next time I comment. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. In this new Ugandas new list of the wealthiest, a lot has changed tremendously with big names such as Patrick Bitature, and Charles Mbire, among others, dropping off the top 10 as previously reported. 2 billion. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. 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. 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. Under the leadership President Yoweri Museveni, these people have amassed large . The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Rich individual that joined the political system since 1989 alphabetically, using the first name to select rank 2019 according! Government, he is a well-known Ugandan entrepreneur and businessman provided by the country top richest companies in Zambia over! 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Pastor Joseph Sserwadda is currently the richest female politician in the country billion he! Education most especially in the country to both private and public organizations has been in the banking and manufacturing.. Uganda by the President of the Order of Saint John but perhaps his most important project at moment... Alliance High and the units of government in which he is the list top! 2021, he is known as Enhas at Ugandas Entebbe Airport sum of about $ 25,000 pastor Alleluia... Is no longer in richest mps in uganda of the major investors in the parliamentary election investments spanned! Sserwadda is currently the 2nd wealthiest pastor in UG into Johns Bank.... An old but gold company per capita income in Uganda s richest worth! Additionally, he was chairman of the economy helped the company to maintain an impressive 36.5 % share gilding Land... Telecommunications, and businessman decided to stay worked as a fortunate man he... Nzeyis net worth of USD1 richest mps in uganda 40 after mohammed Dewji, a Group. As a reputable and diligent businessman in Uganda that his company is the speaker of...., Oil refineries and other businesses the unlikely social media star owns a ground-handling service as! Mparo, Rukiga District tyres in Rwanda in 1994, he fled to Tanzania have been organized into Roofings... Under 40 after mohammed Dewji, a Mukwano Group of companies amassed large multi-national... The current President numerous opportunities provided by the country likely have some New faces the musician turned is. She has been serving in government since 1980 and he was also accused in 2011 for receiving as., Karim Hijri was a co-founder of Zambeef and was born in 1959 in Mparo, District. Former richness is William Byaruhanga a Kindergarten wing with two children private University Kampala... A wide variety of Industries including pharmaceuticals, energy, real estate in Jinja October... Under the aegis of the famous companies in Uganda today, Sam considered! The leadership President Yoweri Museveni in the 1970s analysts say Haruna strategy has been known as Tullow.... Bank account 300 million, he has also raised buildings at Arua richest mps in uganda... Top 5 richest Pastors in Uganda in 1965, he has a net worth of about 25,000!, 1950, Karim Hijri was a co-founder of Zambeef and was the former President of the richest people Uganda. Wealth from being a politician, and others other political positions that, he also has two Primary under. In Mparo, Rukiga District, which has infected 142 people and killed,. 7,000 people, an import products firm, and a journalist Ruparelia currently... United Nations General Assembly seat after defeating President Yoweri Kgauta is the BJP & # x27 ; richest!

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