Forth on our top richest companies in Uganda is an old but gold company. 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. 1. 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. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. Also, she is known to be the voice of the numerous women in the country. When genocide erupted in Rwanda in 1994, he fled to Tanzania. The Ugandan Businessman was the second richest African under 40 in 2015, according to Forbes, following Tanzanian multimillionaire, Mohammed Dewji. Hamis has invested in real estate, agro-processing, education, and technology among others. In 2018, Carl Irwin retired from the company aged 52. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . 8. 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. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. 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. The business magnate hails from the Kabarole region. Sudhir Ruparelia is the richest person in Uganda. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. Born in Uganda in 1965, he is the youngest of three children in the family. Your email address will not be published. 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. The outspoken young tycoon is said to be collecting not less than USD1 million a month. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. Helen Adoa is one of the most recognized and famous politicians in Uganda. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. 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. As their businesses thrive, their net wealth will continue to increase. 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. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. The controversial preacher is said to be the richest pastor in Africa with an . Today he is the Co-founder and CEO of Mara Group which deals in IT services, real estates and Agricultures, he is also the Co-founder of Atlas Mara which is in partnership with Bob Diamond, a company that invests in commercial banking institutions in Africa, in 2013 both Ashish and Bob Diamond managed to raise $325 million in funding. Your email address will not be published. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. 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. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. Today, there are numerous churches available for worship in Uganda. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. However, many backbench MPs. 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. 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. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. Contacts of Mps in the 11th by Daily Express 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. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. 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. 11.Sembule Family- They own Sembule Steel Rolling . Besides, Hirji was a renowned car racing driver in the 1970s. He is known as a fortunate man because he started his business with a meager sum of about $25,000. According to Forbes, he has a net worth of $700 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. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. He is one of those that put their focus on the communication sector in the country. The book has also been voted as the best book of the year in the area of Business Motivation. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. This has significantly added to the improvement of the economic condition of the country. 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. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. Patrick Bitature net worth is $100 million. Alykhan is also one of the major investors in the banking and manufacturing sectors. Subscribe to our newsletter to get our newest articles instantly! Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. He controls the Western Transportation system with him a Director at Getway Buses which is the biggest transportation in the Entire Western Uganda in Kigezi from Kampala. His term began on September 17, 2021, and will end in 2025. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. 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. Richest Women in Uganda. She is the second rich female politician in the country after Rebecca. His net worth amounts to $800 million, making him the second richest man in Uganda. He is also a philanthropist, real estate developer, lawyer, and author. Mohamed Ali Hon. 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. He definitely has numerous sources of income. 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. He was born on October 25, 1974. Net Worth 2022 - $500,000. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. He has also been on the spotlight for promoting homophobia in Uganda. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. Save my name, email, and website in this browser for the next time I comment. Real Estate, Hospitality, International trade. Sudhir Ruparelia 1. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Irwin remains one of the richest people in Zambia in . Net Worth 2022 - $900,000. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. 1. 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