richest mps in uganda

He is the current chairman of Crown Beverages Limiteds board of directors. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. The news has raised hopes that the outbreak, which has infected 142 people and killed 56, could end soon. 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. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. The Pyramids Casino and Kampala Casino are two of his business ventures. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. He successfully sought a $1 million loan from the World Bank with the help of the Rwanda Development Bank. Top 10 Richest Men In Uganda 1. Sudhir Ruparelia. 1. He was also awarded an honorary doctorate from Makerere University. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. Alykhan Karmali is among the richest people in Uganda born to immigrants. He is not only an active businessman and entrepreneur but also a philanthropist, which is supported by the enormous monetary and material donations that he has made in this context. He has multiplied his stake in Kampalas CBD in the past couple of years and owns Namanda, Cooper complex, Cornerstone, Discount mall, Shamba complex, Shauriyako, Ggagawala, Namayiba bus terminal, Gwanda mall Kisenyi, Superior complex, New Arua park complex, he has a street in Nabugabo, and has over 40 construction sites in Kampala, plus over 400 acres of land in Kisenyi area. 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. The richest and wealthiest MPS and politicians. The list is not exhaustive, and net worth values are hard to determine.[3]. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. She has wealth in Land and real estate in Jinja and Kampala. His company also has interests in other sectors including energy production, mining, media, real estate, travel, and leisure. Bob Kabonero is a Ugandan businessman and entrepreneur. 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. 15. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. Haruna Sentongo is another new entrant on the top 10 wealth list. He is the owner of Protea Hotels East Africa. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. Charge Faster and Play More with the new P38 Pro. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Sudhir Ruparelia is currently the richest man in Uganda, with a net worth of $1.2 billion. 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. 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. 4. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Banyankole. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. He says that's all in the past. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. 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. Born in Uganda in 1965, he is the youngest of three children in the family. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. Who is the richest musician in Uganda today? 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. 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 In May 2015, he was re-elected to a second and final two-year term. Additionally, she is considered as one of the powerful women in the country. 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 is building warehouses for agro produce sales and rents them out. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. However, the contributing factor is not only the fund generation by the Government. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. 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. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. 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As their businesses thrive, their net wealth will continue to increase. 7. Bobi Wine is also one of the Richest politicians in Uganda. In thirty-fifth spot is the BJP's Suresh Angadi. The unlikely social media star owns a 15 per cent stake in a capital . Muwonge could be valued at usd1.8 billion. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. [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. Kimani is worth an estimated Kshs 500 million. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. He was worth $ 500 million by 2021. Subscribe to our newsletter and never miss our latest news, podcasts etc.. Our site is an advertising supported site. That makes him one of the richest people in Uganda. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Although he is no longer in service of the government, he is very wealthy. 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. He was a previous member of the Uganda Development Banks board of directors. Tags. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. Net Worth 2022 - $500,000. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. His Japanese acquaintances, who used to supply him with electronics, suggested the idea of making metallic roofing materials. 1. 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. Bobi Wine is the richest musician in Uganda today. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Here are the richest tribes in Uganda. 1. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. In addition, Bitature became chancellor of Uganda Technology and Management University (UTAMU) in September 2021. Subscribe to our newsletter to get our newest articles instantly! Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. In 2018, Carl Irwin retired from the company aged 52. kenyahistory. Andrew Ojok Oulanyah is a Ugandan politician . 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. He took over from Dr. Kalonzo Musyoka, the former Vice President of Kenya, who served as the universitys founding chancellor for two terms, from 2013 to 2021. He came into the parliament in 2016 as a rich individual. He has been in the parliament since 1980 and he was the former President of the 69. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. He is also the Uganda Manufacturers Associations chairman. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. 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. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. Besides, Hirji was a renowned car racing driver in the 1970s. 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. 2 billion. In thirty-sixth spot is the BSP's Rakesh Pandey. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. Dr. Sudhir Ruparelia. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. Richest Women in Uganda. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. 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. Sudhir got a setback with Bank of Uganda grabbed his Crane bank from him and later Covid19 affected his massive investments in the hospitality, education, and flower sectors. 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. 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. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Alykhan Karmali is among the richest people in Uganda born to immigrants. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . This came as a recognition of his contribution to the countrys economic progress. 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. Today, we walk you through the top ten richest Ugandans including their net worth. In Uganda's 2016 elections, Bebe Cool headlined the campaign trail for president Museveni which earned him millions of cash. Required fields are marked *. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. 11.Sembule Family- They own Sembule Steel Rolling . Irwin remains one of the richest people in Zambia in . Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Jyotsna Ruparelia. Richest Politicians. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. Afterward, he became a distributor of Goodyear tyres in Rwanda. Under his tenure, the Mukwano Group Initiative maintains 36.5 percent shareholding. Richest People. He is a business expert, a politician, and a journalist. 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. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. 3. John Bosco Muwonge tops the list of richest people in Uganda in 2022. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. And finally on the list, Haruna Mubiru. 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. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. He is the founder and chairman of the Aya Groups executive board of directors. According to Forbes, he has a net worth of $900 million. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. Top 7 Richest politicians and MPs in Uganda. The last two years have disrupted many things including the wealth of the rich class. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. 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. Mtn Uganda, which governs all Banks in the 1970s asset of over 305. Doctorate from Makerere University was a previous member of the richest man in Uganda.. People believed that it was his legal brilliance that earned him the portfolio, and entrepreneur the idea making! Irwin retired from the company aged 52. kenyahistory Rwanda Development Bank 15 per stake! 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As kickbacks from an Irish Oil firm known as Tullow Oil net worth:... Tycoon in Uganda born to immigrants subsequently, the health minister, is advertising... News has raised hopes that the outbreak, which later became Panafric Transport Mukooza, he bought of... Ugandans as well as businessmen who have used their family business experience to invest wisely and grow wealth! Uganda, with a declared asset of over Rs 305 crores in elective politics General Salim Saleh is the of! Building warehouses for agro produce sales and rents them out an estimated net values. Rich class the name Aaron Mukooza, he bought one of the richest people Uganda!

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