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. Jayadeva Galla. 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. In fact, in 2015, these commodities boosted the economy of the country massively. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. 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. Alykhan is also one of the major investors in the banking and manufacturing sectors. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. In 2018, Carl Irwin retired from the company aged 52. All Rights Reserved. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. Muwonge could be valued at usd1.8 billion. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. 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. Being an Uganda business magnate and investor, he has made huge investments in sectors like transportation, real estate, manufacturing, and a host of others. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Geoffrey Lutaaya. Sudhir Ruparelia. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. Being the MP representing Bumunanika County in Luweero District and the State Minister for Higher Education, John is a well-recognized politician in Uganda. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. Sikander happens to be one of the oldest Ugandan entrepreneurs. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. He is the owner of Protea Hotels East Africa. This also drags him into the list of the richest men in Uganda. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. 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. He is an industrialist and owner of . 10 Top Richest Tycoons In Uganda - Number one will Shock You! Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. Mbire was born in 1959 in Mparo, Rukiga District, which is located southwest of Uganda. Top 10 Richest Politicians In Uganda 1. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. Afterward, he became a distributor of Goodyear tyres in Rwanda. Additionally, the hotel is a three-star hotel. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. Mohammed Al Amoudi's net worth is roughly $12.6 Billion dollars. 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. The tenth person in this list of the top ten richest men in Ghana is Nana Akufo-Addo. All MPs earn a basic salary of 74,000 a year, with . Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. 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. His net worth was about $1.2 billion as of 2019. He is the chairman and principal stakeholder of the Ruparelia Groups firms. He was elected from Belgaum in Karnataka and is worth Rs 16.4 crore. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. She is the second rich female politician in the country after Rebecca. Also, agriculture has been known as a major contributor to the growth of the economy. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. Felix Ogong is one of the richest politicians in Uganda and he is representing Dokolo South County. And finally on the list, Haruna Mubiru. He is an entrepreneur, businessman, and author. Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. 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. This is an elite group of executives that advise Ugandas President on how to improve the countrys competitiveness and economic climate. On top of that Sudhir has not stopped his support for charitable works and other social causes. Additionally, she is considered as one of the powerful women in the country. 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 Uganda businessman, entrepreneur, industrialist, and histopathologist in Uganda, Sikander was given birth to on the 4th of October, 1944 in Nsambya Hospital, Uganda. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. Real Estate, Hospitality, International trade. 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. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. Additionally, he is also the owner of Cham Towers, which was the former Uganda Commercial Bank Towers. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. Under the leadership President Yoweri Museveni, these people have amassed large . Afterward, he became a Goodyear tyre distributor in Rwanda. Other notable posts Charles has served include being the chairman of the Uganda Securities Exchange in 2010, a member of the Presidential Investor Roundtable which comprises an elite group of businesspeople who give advice to the President of Uganda on how best to improve the business competitiveness and conditions in the country. (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 . 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. Pastor Joseph Sserwadda. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. Today, we walk you through the top ten richest Ugandans including their net worth. The business magnate hails from the Kabarole region. The richest and wealthiest MPS and politicians. "All Government remunerations should be . Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. 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. The current list of wealthiest politicians in Uganda. The company is now a leading transporter in East and Central Africa. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. 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. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. He came into the parliament in 2016 as a rich individual. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. 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. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. 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. His investments have spanned a wide variety of industries including pharmaceuticals, energy, real estate, agribusiness, telecommunications,and finance. Universities, schools, real estate, animal skins and hides, hospitality. She is also one of the property moguls in Kampala. Who is the richest musician in Uganda today? 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. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. Kimani is worth an estimated Kshs 500 million. kenyahistory. The names are arranged alphabetically, using the first name to select rank. Top 7 Richest politicians and MPs in Uganda. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Through his company, Ham Group, he owns a property portfolio in the heart of Ugandas capital, Kampala, that includes landmark shopping centers, office buildings and hotels. He is also the owner of Protea Hotels East Africa. 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. Also the owner of Cham Towers, which governs all banks in the of... 2018, Carl Irwin retired from the company aged 52 against the incumbent Hassan Bassajjabalaba brother Hamis are businessmen... 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