He is the chairman and principal stakeholder of the Ruparelia Group's firms. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. He is also the owner of Protea Hotels East Africa. As an MP and chancellor, Mr Sunak's government salary is 151,649. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Sikander happens to be one of the oldest Ugandan entrepreneurs. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. 1. Mr John owns several properties in Kampala, including Freedom City Mall, which cost him US $1 million, Capital House, Naiga Chambers, and several other prominent properties. 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. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. She is also one of the property moguls in Kampala. He became enamored with the country and decided to stay. . Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . He is currently the chairman and the major shareholder of the Aya Group of companies. 1. 10/10. 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. Karim Hijris company today has subsidiaries named Dembe FM, a radio station; an automobile dealership, a finance and insurance business, an amusement park, and numerous hotels under the Imperial Hotels Group. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. 2. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. And finally on the list, Haruna Mubiru. According to Forbes, he has a net worth of $900 million. He is worth USD1 billion. Bobi Wine - Net Worth $7.3 million . Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. Pastor Samuel Kakande. [1] [2] Compiled here is a list of individuals in Uganda whose accumulated assets are known to be markedly above the rest of the individuals in the country. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. Required fields are marked *. Even though most of her investments are hidden, she is known for having numerous investments in hotels. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. 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. ADVERTISEMENT. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. 7. 2. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. He was also honored with an honorary doctorate degree from Makerere University. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. Save my name, email, and website in this browser for the next time I comment. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. kenyahistory. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. Read also. 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. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. This came as a recognition of his contribution to the countrys economic progress. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. These businessmen have made their wealth by investing in different sectors. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Jyotsna Ruparelia. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. Mr. Mbire has made his wealth by investing in diverse sectors. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. Ranking number one on the top ten list of richest men in Uganda is the founder, CEO, and major shareholder of Ruparelias Group of Companies, Sudhir Ruparelia. John Bosco Muwonge tops the list of richest people in Uganda in 2022. 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. 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. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Top 10 Richest Politicians In Uganda 1. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. Your email address will not be published. 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. The musician turned politician is arguably one of the richest musicians in Uganda. 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. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. He came into the parliament in 2016 as a rich individual. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. He then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. Richest Women in Uganda. He is actually a lawyer and a politician. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. 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. Also, she is known to be the voice of the numerous women in the country. LONDON The latest register of members of parliament's financial interests shows that all 11 of the highest earning backbench MPs are Conservatives, and only two are women. Latest list of the top 5 richest Pastors in Uganda 2022. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. 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. Real Estate, Hospitality, International trade. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. The last two years have disrupted many things including the wealth of the rich class. 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. 8. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. 1. A radio station, an automobile dealership, a finance and insurance firm, an amusement park, and the Imperial Hotels Group are all part of this conglomerate. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. 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. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. 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. Andrew Ojok Oulanyah is a Ugandan politician . The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. 15. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. Sudhir Ruparelia In 2017, the Ugandan government entered into a joint venture with Ham Group to effect major renovations at the stadium, involving an improvement to grounds, increasing seating from 30,000 to 35,000 and constructing retail shops inside the outside walls of the facility. Nana Akufo-Addo - Net Worth: $250 Million Dollars. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. 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. In 2013 he was made a Knight of the Order of St. John. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. 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. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. , real estate, agribusiness, telecommunications, and finance degree in administration. As a recognition of his contribution to the countrys economic progress against the incumbent Hassan.... 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