Sudhir Ruparelia. Real Estate, Hospitality, International trade. 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. Find out more here! He is one of the youngest billionaires in Uganda holding a Bachelors degree in sociology from Makerere University, he is one of the Co- founders ofPepper Publications ( Red Pepper, Entasi, Kamunye ) aswell as Juice FM, besides, Arinaitwe is also one of the directors of a finance institution called Synod Investments. 1. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. 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. 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. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Just like many other entrepreneurs in the country. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. 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. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. Save my name, email, and website in this browser for the next time I comment. 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. Latest list of the top 5 richest Pastors in Uganda 2022. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. . She is also one of the property moguls in Kampala. Session of the United Nations General Assembly. Stanley Githunguri made the list of wealthiest people in kenya. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. 1. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Here are the richest tribes in Uganda. Most of Ugandas exports are agricultural products. Kimani is worth an estimated Kshs 500 million. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. All Rights Reserved. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. He is the leader in Private High school education in the entire country with a chain of schools. 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. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Alykhan Karmali is among the richest people in Uganda born to immigrants. Richest Politicians. 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. Mohamed Ali Hon. Net Worth 2022 - $700,000. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Top 7 Richest politicians and MPs in Uganda. Sikander happens to be one of the oldest Ugandan entrepreneurs. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Here are the Top 10 Richest Ugandan Artists and their Net worth . 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. Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. Top 7 Richest politicians and MPs in Uganda. Ravinder Kishore Sinha Biha. His net worth was about $1.2 billion as of 2019. 10/10. 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. Sikander is not only an industrialist, but he is also a pathologist who started as a dealer in a retail electronics store that specialized in the purchase and sales of Philips Brand IN Kigali. 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 was a previous member of the Uganda Development Banks board of directors. Mohamed Ali is Nyali Constituency's member of parliament. The per capita income in Uganda in 1999 was approximately US$650 annually. Mr. Bitature is the CEO of the Simba Group of Companies, which is a conglomerate with holdings in telecommunications, energy, travel, real estate, leisure, media, and mining. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. 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. Anybody that has an investment in the roofing sector and is not familiar with Sikander Lalani is not actually an active member of the sector. After leaving medicine in the early years of the 1970s, he established a retail electronics store that specializes in buying and selling Philips Brand in Kigali, Rwanda. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. 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. Dr. Sudhir Ruparelia. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. Below we bring you the list of the top 10 richest pastors in Africa. Businessman Sudhir Ruparelia has again topped our list of the 10 richest people in Uganda. Sudhir Ruparelia Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. The richest and wealthiest MPS and politicians General Salim Saleh Although not . Subscribe to our newsletter to get our newest articles instantly! So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. 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. However, many backbench MPs. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. In thirty-seventh spot is the BJD's Baijayant Panda. 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. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. businessdaily. Check out the list of Uganda's top 10 richest men John Bosco Muwonge Sudhir Ruparelia Mohammed Hamid Drake Lubega Alykhan Kharmali Charles Mbire Sikander Lalani Aaron Mukooza Gordon Wavamunno Patrick Bitature Top 10 Wealthiest Men Of Uganda In 2023 Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Additionally, the hotel is a three-star hotel. 10. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. His term began on September 17, 2021, and will end in 2025. The biggest church in Uganda today is the Miracle Centre Cathedral Church in Kampala owned by Robert Kayanja. "All Government remunerations should be . 2 billion. 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. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. As an MP and chancellor, Mr Sunak's government salary is 151,649. Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. These businessmen have made their wealth by investing in different sectors. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. He worked with his older brother in the early 1990s until he started his first company called Pan Afric Commodities, which is also a commodities trading company. 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. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. 3. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. Hon. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Uganda is an East African country with a thriving economy. 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. Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. He is the founder and chairman of the Aya Groups executive board of directors. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. [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. Sudhir Ruparelia -$800 million Richest Man in Uganda He is the chairman and principal stakeholder of the Ruparelia Groups firms. He is also one of those that derive most of their wealth from the political arena. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. 2. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 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. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. 2 Dec . Irwin remains one of the richest people in Zambia in . 10. Sudhir has maintained his Forbes net worth of USD 1.2 billion. 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. His net worth amounts to $800 million, making him the second richest man in Uganda. He was also a member of the Presidential Investor Roundtable. 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. 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. However, real estate remains the backbone still holding his wealthy position. 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. 7. 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. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. 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 has sat on top of Ugandas rich list for a long time. The 15 Richest Families In Uganda 2023. Albert Muganga We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. He is currently the chairman and the major shareholder of the Aya Group of companies. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. As their businesses thrive, their net wealth will continue to increase. Also, she is known to be the voice of the numerous women in the country. With a net worth of approximately $300 million, he is one of the richest people in Uganda. 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