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. Here are the richest tribes in Uganda. 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. She is also a major player in the investment circle before joining politics. The outspoken young tycoon is said to be collecting not less than USD1 million a month. He is known as a fortunate man because he started his business with a meager sum of about $25,000. Bobi Wine is the richest Ugandan musician in 2022, with an estimated net worth of $12 million. With a swooping revenue of 44.9 million USD as of 2016. Born in 1976, Hamid is one of the youngest richest people in Uganda. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Mr. Kabonero is the chairman of Park Hospitality Limited, which developed the Kampala Radisson Blue Hotel in collaboration with the Carlson Rezidor Hotel Group. 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. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. Richest Women in Uganda. This investment has been known for driving a huge amount of money into Johns bank account. As an MP and chancellor, Mr Sunak's government salary is 151,649. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. This has been linked to the numerous opportunities available in the country. He is the owner of Protea Hotels East Africa. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. He also owns a couple of expensive cars including a hummer and Mercedes Benzes. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. 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. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. Under his tenure, the Mukwano Group Initiative maintains 36.5 percent shareholding. Top 10 Richest Men In Uganda 1. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Also, she is known to be the voice of the numerous women in the country. 15. Dr. Sudhir Ruparelia. LONDON The latest register of members of parliament's financial interests shows that all 11 of the highest earning backbench MPs are Conservatives, and only two are women. 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. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. Another interesting fact to know is that Charles Mbire actually didnt start on a platter of gold and his story always serves as a form of motivation and inspiration for emerging businessmen or women and entrepreneurs. He is also one of those that derive most of their wealth from the political arena. 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. Top 7 Richest politicians and MPs in Uganda. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. Currently, he is the chairman and a majority shareholder in the Aya Group of companies. And finally on the list, Haruna Mubiru. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. Besides, Hirji was a renowned car racing driver in the 1970s. He was also honored with an honorary doctorate degree from Makerere University. 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. Under the leadership President Yoweri Museveni, these people have amassed large . Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. 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. Banyankole. In 2014, Galla won the seat by a margin of 69,111 votes. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of 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. Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. Muwonge makes all the money and takes it all. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. 11.Sembule Family- They own Sembule Steel Rolling . Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. In fact, some of her citizens on the list of richest men in Uganda occupy some position in the Forbes List of rich individuals in the World. This is because of the numerous opportunities provided by the country to both private and public organizations. The JD (U) leader's movable assets are worth Rs 4,043.48 crore and immovable assets are . He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. a street vendor in Kamwokya, one of the poorest neighborhoods 10/10. Under the leadership President Yoweri Museveni, these people have amassed large . Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. Mohammed Al-Amoudi is an Ethiopian businessman who has become one of the richest people in the world. Sudhir Ruparelia According to Forbes, he has a net worth of $700 million. 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. [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. Shaikh Mohammed bin Rashid al Maktoum. Today Uganda has got many billionaires including the likes of Sudhir Ruparelia, Wavamuno, Basajjabalaba and many others, the youth have also fought for themselves by creating jobs and others through various annual inspirational brain-storming programmes such as the Pakasa forum etc, I am telling you if you happen to attend any of these programmes, you will learn how to make money and it will widen your mind. 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. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. He won the seat on an independent ticket and has served the people remarkably well. Helen Adoa is one of the most recognized and famous politicians in Uganda. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. He has been in the parliament since 1980 and he was the former President of the 69. 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. Although he is no longer in service of the government, he is very wealthy. 2. He was also a member of the Presidential Investor Roundtable. Kimani is worth an estimated Kshs 500 million. In thirty-sixth spot is the BSP's Rakesh Pandey. Please enter your username or email address to reset your password. 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. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. 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. Andrew Ojok Oulanyah is a Ugandan politician . Here is a list of members of parliament in the eleventh Parliament of Uganda (2021 to 2026) and their respective phone contacts. 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. "All Government remunerations should be . She is the second rich female politician in the country after Rebecca. More to that, he is regarded as an investor with his investments in sectors such as the media and banking sectors. Find out more here! Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. Edwin is one of the youngest billionaires in the country, he is one of the Co-founders of a powerful law firm known as Kiwanuka & Karugire Advocateslocated on Acaccia avenue in Kampala, he is reportedly said to have managed the selling of the former assets of Uganda Railway Corporation, Edwin who married the eldest daughter of the president, Natasha Museveni also handles very powerful legal cases worth of billions of money, he also owns one of the biggest cattle farms in the country and he is a real estate dealer with serious buildings in Kampala. On top of that Sudhir has not stopped his support for charitable works and other social causes. His term began on September 17, 2021, and will end in 2025. As a result, we analyzed and formulated a comprehensive list of the richest musicians in Uganda from 2021 to 2022, Forbes. This came as a recognition of his contribution to the countrys economic progress. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. The richest and wealthiest MPS and politicians. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. Alykhan is also one of the major investors in the banking and manufacturing sectors. 2. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Bobi Wine is also one of the Richest politicians in Uganda. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. He became enamored with the country and decided to stay. ", "Kabonero has no shares in Kampala Casino - defendant", "Tycoon BMK In USh112 Million (US$46 Million) Rent Row", "Executive Pay: Unveiling Uganda's Eight-Figure Executives", "MTN's Charles Mbire named richest Indigenous Ugandan in latest survey", "How Mugerwa made his mark in printing business", "In 2012, Elvis Sekyazi's Net Worth Was Estimated At About US$12 Million", "Tycoon Kirumira Collapses Under Police Questioning", "Wavamunno Tells His Entrepreneurial Journey", "Isaac Mulindwa, dad partner with Indian tycoon to set up university", "List Of Ugandan Young BillionairesWho Will Inspire You To Work Hard", "Focus on Uganda: Securing Long Lasting Lustre And Resilience To The Pearl Of Africa", "Pictorial: Tycoon Hamis Kiggundu's Residence Very Safe And Not Flooded As Alleged", "NRM War, Corruption And Incompetence Have Helped Dr. Ian Clarke "Busulwa", "Sudhir, Bitature Ranked Top Earners From Stock Exchange", "Richest Man in Uganda and their networth", "Mugoya's KSh342 Million Award And The Art of Cowboy Contracting", "Renowned Businessman James Mulwana Is Dead", "James Mulwana 1936-2013: At The Time of Death, His Net Worth Was Valued At About US$30 Million", "Location Gives Arua An Edge In Business", "Court Issues Arrest Warrant for Jomayi Boss", "Police To Crack Down On Indiscipline Among Private Security Companies", "Juggled Business and Books At Eight Years", "Meet Mohammed Hamid, The $200 Million Milling Tycoon Of Uganda", "Mohammed Hamid the Hilton Hotel Uganda Owner: From a street vendor to a billionaire", "Bitature 'Milks' Cash From High - Breed Animals", "Local Firm Negotiates Shs28 Billion Property Development Deal", "Local Supermarkets Vie for Market Share", "Fort Portal And Kampala Experiment With New Solid Waste Management Systems", "How Sam Otada Inherited And Grew The Family Business", "My Husband's Death Woke Me To The Realities of Life", "The Maize Seeds That Sprouted Iganga's Mwaana Empire", "Sikander Lalani: Uganda's steel magnate", "Forbes Releases 2019 List Of Top 10 Richest People In Uganda And Their Net Worth, Sudhir Still On Top! 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