Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. He is known as a fortunate man because he started his business with a meager sum of about $25,000. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. Universities, schools, real estate, animal skins and hides, hospitality. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. He is the owner of a massive state of art hotel located in the Gulu Municipality known as Bomah Hotel. Just like many other entrepreneurs in the country. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Top 7 Richest politicians and MPs in Uganda. Mwesigwa also alleges that the opposition party owns a series of drones which they Several NUP supporters have been arrested on various allegations, and some are still in Monitor in a story published last week alleged that Mpuuga had held high-level behind Bobi however dismissed reports of negotiations between the NRM Gov't and the Opposition, and in his letter to the Minister of Justice, Bank of Uganda and the Attorney Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news. Alykhan Kharmali actually inherited the family business from his father named Amirali Karmali. 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. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. 1. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Today, we walk you through the top ten richest Ugandans including their net worth. In May 2015, he was re-elected to a second and final two-year term. Sudhir Ruparelia -$800 million Richest Man in Uganda Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. He is also the owner of Protea Hotels East Africa. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. Net Worth 2022 - $620,000. On top of that Sudhir has not stopped his support for charitable works and other social causes. Amos Nzeyi is a well-known Ugandan entrepreneur, businessman, and manufacturer. Uganda discharges last known Ebola patient, health ministry says. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Sudhir Ruparelia is the richest person in Uganda. 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. Please enter your username or email address to reset your password. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. He is also one of those that derive most of their wealth from the political arena. 10. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. As an MP and chancellor, Mr Sunak's government salary is 151,649. He is also one of those that derive most of their wealth from the political arena. According to Forbes, he has a net worth of $900 million. His term began on September 17, 2021, and will end in 2025. With a net worth of about $670 million as of 2021, he is one of Ugandas richest natives. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. Bitature established the Simba Telecom Limited company in 1998. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. He is building warehouses for agro produce sales and rents them out. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. However, the contributing factor is not only the fund generation by the Government. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. 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. 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. He is actually a lawyer and a politician. Subscribe to our newsletter to get our newest articles instantly! He was worth $ 500 million by 2021. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Hon. 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. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. Also Read:Top 10 Richest People in Africa. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. Session of the United Nations General Assembly. Net Worth 2022 - $900,000. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Alykhan Karmali is among the richest people in Uganda born to immigrants. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. 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 Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. 11.Sembule Family- They own Sembule Steel Rolling . Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. He was also honored with an honorary doctorate degree from Makerere University. Just like Yeri, she has made massive investments in the educational sector. Bobi Wine is also one of the Richest politicians 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. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. 10. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. The richest people in Uganda 2022 include native Ugandans as well as businessmen who are born to immigrants. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and 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. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Karim Hirji is generally seen In Uganda as the driving force behind the Dembe Group of Companies. 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. His net worth was about $1.2 billion as of 2019. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. 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. Please whitelist to support our site. In the top 10 districts ranked by average income (GDP per capita), Wakiso is followed by Kampala at Shs9,587,960 ($2,655), Mukono at Shs6,276,410 ($1,738), Masaka with Shs4,911,350 ($1,360), Jinja. The company is now a leading transporter in East and Central Africa. He definitely has numerous sources of income. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. Muwonge could be valued at USD 1.8 billion. Nadine Dorries, Culture Secretary: 157,000. Bobi Wine is the richest musician in Uganda today. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. In thirty-seventh spot is the BJD's Baijayant Panda. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. 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. . 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. 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. Forth on our top richest companies in Uganda is an old but gold company. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Sudhir Ruparelia Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. Boris Johnson, Prime Minister: 157,372. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. He then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. Also, agriculture has been known as a major contributor to the growth of the economy. 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. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. His elder . Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Alykhan Kharmi is considered a notable individual in Uganda under the aegis of the Mukwano Family. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. He is the founder and chairman of the Aya Groups executive board of directors. The outspoken young tycoon is said to be collecting not less than USD1 million a month. 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. However, real estate remains the backbone still holding his wealthy position. 3. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. Also, she is known to be the voice of the numerous women in the country. Uganda is an East African country with a thriving economy. This came as a recognition of his contribution to the countrys economic progress. Nana Akufo-Addo - Net Worth: $250 Million Dollars. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. However, not all of them receive numerous attendants since some are small in size. Richest People. 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. 7. In 2014, Galla won the seat by a margin of 69,111 votes. His net worth is more than USD 290 Million. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. In 2010, he was chairman of the Uganda Securities Exchange. This is because he is a known and important figure in the sector. 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. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. As their businesses thrive, their net wealth will continue to increase. TDP's Galla registered a win over Modugula Venugopala Reddy of the YSRCP in Andhra Pradesh's Guntur by a thin margin of 4,205 votes. 10/10. 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. 2. Geoffrey Lutaaya. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Alph Lukau - $1 Billion. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. Kimani is worth an estimated Kshs 500 million. Sikander happens to be one of the oldest Ugandan entrepreneurs. *********. She has wealth in Land and real estate in Jinja and Kampala. 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. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. 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. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. Net Worth 2022 - $700,000. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. 3. Irwin remains one of the richest people in Zambia in . 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. He has been in the parliament since 1980 and he was the former President of the 69. Besides the Millions he receives monthly as a Member of Parliament for Kyadondo East, Bobi Wine has a chain of investments, for example, One Love Beach . 1. He is currently the chairman and the major shareholder of the Aya Group of companies. With a swooping revenue of 44.9 million USD as of 2016. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. 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 most of her investments are hidden, she is known for having numerous investments in hotels. 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. Helen Adoa is one of the most recognized and famous politicians in Uganda. Shaikh Mohammed bin Rashid al Maktoum. 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. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Here are the richest tribes in Uganda. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. Uganda is an East African country with a thriving economy. Mohamed Ali is Nyali Constituency's member of parliament. 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. Ragga Dee He is one of the Veteran musicians in Uganda. 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. 10 Top Richest Tycoons In Uganda - Number one will Shock You! 2 Dec . Your email address will not be published. He is the chairman and principal stakeholder of the Ruparelia Groups firms. This has significantly added to the improvement of the economic condition of the country. The musician turned politician is arguably one of the richest musicians in Uganda. 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. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. 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. "All Government remunerations should be . Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. 2. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. 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. Richest Women in Uganda. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. 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. In 2013, he was appointed Knight of the Order of Saint John. 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. 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. Simba Telcom is the largest selller of MTN airtime in Uganda. Charge Faster and Play More with the new P38 Pro. Save my name, email, and website in this browser for the next time I comment. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. 1. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. He was also awarded an honorary doctorate from Makerere University. 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 . 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 came into the parliament in 2016 as a rich individual. Ronald Mayinja. Copyright 2023 Daily Express Uganda. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. All Rights Reserved. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. 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