Top 7 Richest politicians and MPs in Uganda. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. She is also a major player in the investment circle before joining politics. Mohammed Hamid is considered one of the richest young millionaires in Uganda having emerging into the class of richest personalities at a very youthful age. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. 4. Muwonge makes all the money and takes it all. 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. In 2020, Skinner and his church were criticized for disregarding Covid restrictions and having his children's choir go on tour. His elder . a street vendor in Kamwokya, one of the poorest neighborhoods Sudhir Ruparelia is the richest person in Uganda. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. 1. Although he is no longer in service of the government, he is very wealthy. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. The hotel is the biggest hotel in the whole Northern part of Uganda. (Bloomberg) -- Billionaire investor Marc Lasry has reached a deal to sell his stake in the Milwaukee Bucks to Jimmy and Dee Haslam, owners of the National Football League's Cleveland Browns, according to a person familiar with the matter.Most Read from BloombergElon Musk Regains His Spot as the World's Richest PersonNigeria Latest: Tinubu Wins in Six States; Obi Takes ThreeTD Bank to Pay . 3 August 2017, 9:10 am. He is the founder of Roofing Groups and was born on October 4, 1944, in Uganda. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Another interesting fact is that Charles Mbire didnt actually get off to a good start and his story has always served as a form of motivation and inspiration for aspiring business people and women. 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. 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. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. Do you have a story or an opinion to share? Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. (adsbygoogle = window.adsbygoogle || []).push({}); In Uganda, Karim Hijri is usually regarded as the main force behind the presence of the Dembe Group of Companies. Pastor Gary Skinner's wealth is estimated at Sh.800 Million which earns him a spot among the richest pastors in Uganda. Ragga Dee He is one of the Veteran musicians in Uganda. 1. However, real estate remains the backbone still holding his wealthy position. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. ", https://en.wikipedia.org/w/index.php?title=List_of_Ugandans_by_net_worth&oldid=1142374835, Good African Coffee, Rwenzori Coffee, investments. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. Additionally, he also has two primary sections under the Seeta Junior School and a Kindergarten wing with two other branches. According to Forbes, he has a net worth of $900 million. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Bobi Wine is the richest musician in Uganda today. The number of millionaires and billionaires including the richest politicians in Uganda is also on the increasing side and this also helps in boosting the economy of the country. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. The book has also been voted as the best book of the year in the area of Business Motivation. 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. Born in 1976, Hamid is one of the youngest richest people in Uganda. Haruna Enteprises has won numerous Kampala Capital City Authority awards for supporting the citys activities. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. 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. Jayadeva Galla. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. And finally on the list, Haruna Mubiru. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. However, many backbench MPs. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. That is far higher than what is paid to most European countries' MPs, including Uganda's major funding countries like the UK . The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . In addition to being a politician, he has also acquired numerous amount of wealth from being a lawyer and numerous other political positions. 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. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. Alph Luka is the founder and pastor of Alleluia Ministries International, South Africa which he founded in 2002. His net worth amounts to $800 million, making him the second richest man in Uganda. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . Net Worth 2022 - $700,000. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. That Abavator was going to end up earning an excess of Shs900m over and above the worth of the services they had actually rendered in that particular month. 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. In addition to the numerous exporting activity of the country, the country has also witnessed consistent economic growth with crude oil and natural gas. A Subsidiary of Daily Express Media Ltd. I was tortured, forced to admit that I killed Nagirinya, key suspect tells court, NUPs Eric Mwesigwa turns against own party, says he was promised sh50m for staged torture, Meet ARiA: A Talented Ugandan pop star from Retro Records, DStv Uganda hikes bouquet prices again as customers push for regulation over dubious charges, FULL STATEMENT: Bobi Wine condemns govt officials named in Karamoja iron sheets scandal, UNEB to release 2022 UACE Results this Friday, URA eyes more revenue on Mobile Money, Bank agents, in new tax regime, Tinubu declared winner of Nigerias election as opposition calls for re-vote, Police rescue five pupils from suspected kidnap, van driver arrested, 49-yr-old man arrested for impregnating P7 pupil. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. 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. 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. In thirty-fifth spot is the BJP's Suresh Angadi. 2. Pastor Samuel Kakande. Net Worth 2022 - $900,000. Top 10 Richest Men In Uganda 1. He is the leader in Private High school education in the entire country with a chain of schools. The current list of wealthiest politicians in Uganda. He was also honored with an honorary doctorate degree from Makerere University. Alykhan Karmali is among the richest people in Uganda born to immigrants. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. 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. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. Here are the richest tribes in Uganda. Charles Mbire is one of Ugandas richest native. Obviously, Ugandas richest people make a significant contribution to the growth of the countrys economy. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Under the leadership President Yoweri Museveni, these people have amassed large . Later on, Lalani relocated to Uganda due to Tanzanias burdensome bureaucracy. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. 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. The company has a fleet of hundreds of heavy-duty Scania and MAN movers and trailers. He is also a philanthropist, real estate developer, lawyer, and author. This has been linked to the numerous opportunities available in the country. Albert is a young entrepreneur and a billionaire, the founder of the private limited logistics company in Uganda known as Kenlloyd Logistics, Albert who is also married to Sam Kuteesas daughter Ishta Kuteesa, was also appointed by a German logistics company called DB Schenker as their country exclusive representative, a real estate dealer and also a majority shareholder of Pioneer Easy Bus. These businessmen have made their wealth by investing in different sectors. Save my name, email, and website in this browser for the next time I comment. According to Forbes, he has a net worth of $900 million. In fact, he is one of the major investors in education most especially in the Seeta High Schools. Muwonge is an allusive billionaire who is rarely seen in public. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. The richest and wealthiest MPS and politicians Contents General Salim Saleh President Museveni Sam Kuteesa Thomas Tayebwa John Chrysestom Muyingo Bobi Wine Rebecca Kadaga General Salim Saleh Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. Also, Ruparelia was the wealthiest person in Uganda in 2019, according to Forbes. He is a young billionaire that discovered a state of art buildings around kampala, he is the owner of a very popular real estate multi-billion company in the city known as Ham Enterprises which includes commercial buildings such as Ham Shopping Centre at St.Balikudembe Market commonly known as Owino which is reportedly said to be partly undertaken as a public private partnership with Nakivubo Stadium Board of Trustees and another Ham Towers is located next to Makerere University main gate and etc. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. 2. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. Hon. Sudhir Ruparelia -$800 million Richest Man in Uganda 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. The business magnate hails from the Kabarole region. 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. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. 10. Uganda is an East African country with a thriving economy. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. 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 . The per capita income in Uganda in 1999 was approximately US$650 annually. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Richest Women in Uganda. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. The unlikely social media star owns a 15 per cent stake in a capital . Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. Do you have a story in your community or an opinion to share with us: Email us at, Presidents Museveni, Ramaphosa call for increase in trade between Uganda and South Africa, Rwenzori young people tipped off about youth-friendly services, MPs question Shs57 billion payment to US company, MPs approve Budget Framework Paper in readiness for Financial Year 2022/23 Budget. With a net worth of over $1 billion, he is the second richest man in Uganda today. The company is now a leading transporter in East and Central Africa. 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. Nadine Dorries, Culture Secretary: 157,000. 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. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. These businessmen have made their wealth by investing in different sectors. She is also one of the property moguls in Kampala. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. Also, she is known to be the voice of the numerous women in the country. He came into the parliament in 2016 as a rich individual. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. 3. 1. He is known as a fortunate man because he started his business with a meager sum of about $25,000. His net worth was about $1.2 billion as of 2019. Charge Faster and Play More with the new P38 Pro. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. Muwonge could be valued at USD 1.8 billion. In 1987, he flew to Uganda for the first time to see his older brother, Mohammed El Hamid, who ran Pan Afric Impex, a commodity trading company. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Other posts he has once served include as a Minister of Energy and Mineral, Minister of Agriculture, Animal Industry and Fisheries, etc. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Ravinder Kishore Sinha Biha. Alykhan Karmali is among the richest people in Uganda born to immigrants. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. 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. 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. 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. businessdaily. 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. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. Under the leadership President Yoweri Museveni, these people have amassed large . 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Simba telcom also owns Kampala Pretoria hotel. Mbire is a co-founder and member of the board of directors of numerous Uganda businesses including Afro Alpine Pharma Limited, MTN Communication Uganda Limited, Polino Holdings Limited, Bomi Holdings Limited, and a host of numerous others. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. Banyankole. Nadia Kabahita Mbire is one of only two daughters born to tycoon Charles Mbiire, Uganda's richest indigenous man whose worth is estimated at US$200 million. This also drags him into the list of the richest men in Uganda. Andrew Ojok Oulanyah is a Ugandan politician . Ronald Mayinja. 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. However, Newslex point research team analyzed a few successful young men in Uganda who have managed to become their own bosses by creating their own businesses, they are truly innovative and inspirational young entrepreneurs in the country with multi-billions. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. He has also been on the spotlight for promoting homophobia in Uganda. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Coffee, tea, fish, and cotton are among its top exports. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. Albert Muganga 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. RK is married to Shrimati Rita Kishore Sinha, with two children. The musician turned politician is arguably one of the richest musicians in Uganda. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. Sudhir Ruparelia is married to Jyostna since 1977 and they are blessed with three children. However, not all of them receive numerous attendants since some are small in size. Sudhir Ruparelia This has significantly added to the improvement of the economic condition of the country. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. The property mogul is the chairman and majority shareholder in the companies of the Ruparelia Group. 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. Richest Politicians. That makes him one of the richest people in Uganda. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! The last two years have disrupted many things including the wealth of the rich class. He is also one of those that derive most of their wealth from the political arena. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Geoffrey Lutaaya. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. 2. Uganda Breweries Ltd came into existence shortly after World War II in 1946. 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 . 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 second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. 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. Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. Find out more here! The 15 Richest Families In Uganda 2023. A BigEye Uganda Media Company. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. With a net worth of approximately $300 million, he is one of the richest people in Uganda. 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 philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. Irwin remains one of the richest people in Zambia in . One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Rebecca is also the richest female politician in the country. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. His term began on September 17, 2021, and will end in 2025. Sudhir Ruparelia. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. With a swooping revenue of 44.9 million USD as of 2016. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. This is mainly because of his behavior towards tackling unemployment in the country. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. The controversial preacher is said to be the richest pastor in Africa with an . 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. *********. He is a business magnate who has been venturing into textile and alcoholic beverages trading from a shop in Luwum Street, Kampala which later gave birth to Dembe Enterprise before expanding into what is currently known as Dembe Group of Companies. 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. Long time Officer of the Bayimba Cultural Foundation Board the political arena the Uganda University! Also raised buildings at Arua park, Parkyard, and a host of others 600.. Business mogul and investor says the Times, are Tories as you would expect he. Known for making huge investments in numerous sectors across the country that have eyes on buildings hotels... 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