Here are the Top 10 Richest Ugandan Artists and their Net worth . More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. According to Forbes, he has a net worth of $900 million. [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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. 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. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. He is known as a fortunate man because he started his business with a meager sum of about $25,000. In May 2015, he was re-elected to a second and final two-year term. Adam Becket. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. 2. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. 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. However, many backbench MPs. 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 serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. Read also. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. With a net worth of over $1 billion, he is the second richest man in Uganda today. All Rights Reserved. Patrick Bitature is the seventh richest man in Uganda. This investment has been known for driving a huge amount of money into Johns bank account. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. These businessmen have made their wealth by investing in different sectors. As their businesses thrive, their net wealth will continue to increase. (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. The last two years have disrupted many things including the wealth of the rich class. . 3 August 2017, 9:10 am. 2. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Stanley Githunguri. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. 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. Helen Adoa is one of the most recognized and famous politicians in Uganda. His net worth was about $1.2 billion as of 2019. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. Afterward, he became a distributor of Goodyear tyres in Rwanda. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. 1. Kimani is worth an estimated Kshs 500 million. 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. a street vendor in Kamwokya, one of the poorest neighborhoods Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. He opened a plant in Kigali in 1978 to produce roofing materials. 10/10. 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. Additionally, the number of rich individuals in the country has increased over the past years. 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. With the rate at which his wealth is growing, he may exit the fourth position in the years to come. 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. 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. 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. 2022 Hard Rock Media. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. 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. He says that's all in the past. Alykhan Karmali is among the richest people in Uganda born to immigrants. And finally on the list, Haruna Mubiru. The controversial preacher is said to be the richest pastor in Africa with an . His wealth is in real estate and recreation Centre with his popular property of the One love Beach and several Apartment in Kyadondo and Throughout Kampala and Wakiso. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. 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. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. The richest and wealthiest MPS and politicians General Salim Saleh Although not . Below we bring you the list of the top 10 richest pastors in Africa. From the time his company was registered, in 17 June 2011, Ssentongo Haruna has guarded its ownership at 99% and another 1% owned by Laura Nalukwago. Besides, Hirji was a renowned car racing driver in the 1970s. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. The company is now a leading transporter in East and Central Africa. Pastor Joseph Sserwadda. Bobi Wine - Net Worth $7.3 million . Unsurprisingly, he has decided not to fully engage in the political situation in 2021. Net Worth 2022 - $500,000. "All Government remunerations should be . But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Required fields are marked *. 3. 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. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. 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. Net Worth 2022 - $900,000. He is actually a lawyer and a politician. 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. 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. 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. Your email address will not be published. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. The project, costing millions of dollars, is funded by Kiggundus company. Even though most of her investments are hidden, she is known for having numerous investments in hotels. 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. Most of Ugandas exports are agricultural products. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. His term began on September 17, 2021, and will end in 2025. Shaikh Mohammed bin Rashid al Maktoum. Muwonge could be valued at usd1.8 billion. Thats all about the richest men in Uganda. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Source: Roofing sheets. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. *********. 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. Muwonge could be valued at usd1.8 billion. She has been in the political system since 1989. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. In thirty-sixth spot is the BSP's Rakesh Pandey. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. Dr. Sudhir Ruparelia. Albert Muganga 1. 2. With a net worth of approximately $300 million, he is one of the richest people in Uganda. Like many of Ugandas richest men of foreign roots, Charles Mbire who is An entrepreneur and investor was born in 1959 in Mparo, Rukiga District. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. 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 . ADVERTISEMENT. Haruna Mubiru is the 10th on the list of top 10 richest musicians in Uganda in 2022 today or right now. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. Tags. Additionally, the hotel is a three-star hotel. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. 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. This came as a recognition of his contribution to the countrys economic progress. Under the aegis of Mukwano Family, Alykhan Kharmali has claimed a notable position amidst the richest Ugandans, especially as he remains the main force behind one of Uganda's famous companies. 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. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. 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. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. Latest list of the top 5 richest Pastors in Uganda 2022. Banyankole. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. 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. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Real Estate, Hospitality, International trade. This article, therefore, presents to you the top ten richest Ugandans including their net worth. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. 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. Top 10 Richest Men In Uganda 1. 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. Alykhan is also one of the major investors in the banking and manufacturing sectors. 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. Please whitelist to support our site. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Jayadeva Galla. 10. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Zambia. 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. She is also a major player in the investment circle before joining politics. 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. Irwin remains one of the richest people in Zambia in . 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. 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. 25 Mar, 2022, 10.20 PM IST Elon Musk, Jeff Bezos, Mark Zuckerberg and Bill Gates: World's 10 richest men doubled their fortunes during pandemic, says report Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. Afterward, he became a Goodyear tyre distributor in Rwanda. 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. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. This has increased the fame of the country from a global view. 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. 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. Known as a renowned and fortunate tycoon, Sudhir Ruparelia occupies the first position in the list of richest men in Uganda. 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. 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. Alykhan Karmali is among the richest people in Uganda born to immigrants. Banyankole. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. All MPs earn a basic salary of 74,000 a year, with extra pay for those with other responsibilities such as ministers and the chairs of parliamentary committees. 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. Please enter your username or email address to reset your password. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . 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. Top 7 Richest politicians and MPs in Uganda. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. The richest and wealthiest MPS and politicians. Here are the richest tribes in Uganda. Under his tenure, the Mukwano Group Initiative maintains 36.5 percent shareholding. The unlikely social media star owns a 15 per cent stake in a capital . This came as a recognition of his contribution to the countrys economic progress. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. University, hospitals, real estate, healthcare, health insurance, ambulances, hotels, Hotels, flour milling, transportation, international trade, bakery, mining, Shumuk Group of companies, real estate, aluminum recycling, hotels, Telecommunications, electricity generation, banking, insurance, hotels, resorts, ranching, real estate, Transportation, construction, telecommunications, real estate, This page was last edited on 2 March 2023, at 01:43. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. On top of that Sudhir has not stopped his support for charitable works and other social causes. Alykhan Karmali is among the richest people in Uganda born to immigrants. With a swooping revenue of 44.9 million USD as of 2016. 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. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. 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. Nana Akufo-Addo - Net Worth: $250 Million Dollars. 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. Richest People. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. All Rights Reserved. Being an Uganda businessman, entrepreneur, industrialist, and histopathologist in Uganda, Sikander was given birth to on the 4. of October, 1944 in Nsambya Hospital, Uganda. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. 1. 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. In thirty-seventh spot is the BJD's Baijayant Panda. Known for having numerous investments in hotels richest person in Uganda wealth will continue to increase in.! Richest politician in Uganda billion as of 2016 different sectors latest list of richest men in.. In 1978 to produce roofing materials production capacity of 72,000 top of Sudhir! 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