richest mps in uganda
a street vendor in Kamwokya, one of the poorest neighborhoods Pastor Joseph has an estimated Net Worth of around 840 Million. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. John Muyingo is the Director of Seeta School which are the most prestigious High school in Uganda with over Four Campuses in Seeta main, Seeta Gree, Forest Hill and Seeta Mbalala Campus. The Alliance High and the University of Nairobi alumnus is one of Kenya's richest MPs worth millions. Sudhir Ruparelia is the richest person in Uganda. Dembe Group comprises an automobile dealership, an amusement park, finance and insurance companies, hotels, etc. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. 2023 BigEye.UG. 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. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. However, not all of them receive numerous attendants since some are small in size. Afterward, he became a distributor of Goodyear tyres in Rwanda. Afterward, he bought one of Sudhir Ruparelias milling machines from Premiere Mills. She has wealth in Land and real estate in Jinja and Kampala. 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. Apart from being a businessman, he is also known for making huge investments in sectors like real estate, broadcasting, education, insurance, banking, and others. List of wealthiest men in Uganda. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. 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. Jyotsna Ruparelia. Occupying the ninth position on the list of richest men in Uganda is Mukesh Shukla. Uganda is an East African country with a thriving economy. 2 billion. Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. 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. Ruparelia was also appointed Honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal in 2020. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! Alykhan Karmali is among the richest people in Uganda born to immigrants. Another old and wealthy politician in the political system of Uganda is Rebecca Kadaga. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. 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. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Simba telcom also owns Kampala Pretoria hotel. 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. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. Bob Kabonero is a Ugandan businessman and entrepreneur. However, many backbench MPs. Uganda bordered by countries like Rwanda, South Sudan, the Democratic Republic of Congo, Tanzania, is a country known for its consistent economic growth. 3 August 2017, 9:10 am. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. He was also honored with an honorary doctorate degree from Makerere University. This is a private university in Kampala, Ugandas capital city. This is because he is a known and important figure in the sector. He is the current chairman of Crown Beverages Limiteds board of directors. Sudhir Ruparelia -$800 million Richest Man in Uganda Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. MP) representing Kyaddondo East Constituency in Wakiso district of Uganda. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Although not involved in elective politics General Salim Saleh is the richest politician in Uganda as he once served as state Minister. Jayadeva Galla. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. Ronald Mayinja. He was also awarded an honorary doctorate from Makerere University. He is the owner of Feliestar Buses and numerous other radio stations including Voice of Lango. These businessmen have made their wealth by investing in different sectors. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. Moreover, he is the author of Reason as the World Masterpiece and Success and Failure Based on Reason and Reality books. Although he is no longer in service of the government, he is very wealthy. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Born in 1976, Hamid is one of the youngest richest people in Uganda. These businessmen have made their wealth by investing in different sectors. 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. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. 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. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. 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. 2 Dec . Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. 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. 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. He was also a member of the Presidential Investor Roundtable. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. 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. The list is not exhaustive, and net worth values are hard to determine.[3]. Forth on our top richest companies in Uganda is an old but gold company. Even though there have been numerous contradictions to the absence of corrupt politicians in the political system of the country, there still exists some that acquire their wealth using their creativity. Following the appointment of Dr. Amos Nzeyi as Honorary Consul, the Consulate of Mauritius became the first representative of Mauritius in Uganda in 2018. 8.Sikander Lalani - $300 Million Sikander happens to be one of the oldest Ugandan entrepreneurs. Muwonge could be valued at usd1.8 billion. Richest People. He was worth $ 500 million by 2021. Nadine Dorries, Culture Secretary: 157,000. 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. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. Rebecca is also the richest female politician in the country. 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. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. 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. Nakul Nath According to the Association for Democratic Reforms (ADR), Congress' Nakul Nath, who contested his maiden election this year, is the richest MP with declared assets of over Rs 660 crore. This investment has been known for driving a huge amount of money into Johns bank account. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Carl Irwin was a co-founder of Zambeef and was a joint CEO for over 23 years at the multi-national conglomerate. His term began on September 17, 2021, and will end in 2025. Mbire then moved on to Leicester University in the United Kingdom where he earned a Master of Business Administration degree. 2. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. 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. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. 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. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Bitature established the Simba Telecom Limited company in 1998. She is also a major player in the investment circle before joining politics. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. However, the contributing factor is not only the fund generation by the Government. Also, she is known to be the voice of the numerous women in the country. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. 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. 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. Charge Faster and Play More with the new P38 Pro. 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. Before joining politics, he is a rich individual and that has made him influenced politics in Tororo. 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. Real Estate, Hospitality, International trade. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. Some of the companies include a milk processing plant, a money-lending business, a foreign exchange bureau, and a host of others. Additionally, the hotel is a three-star hotel. Many people believed that it was his legal brilliance that earned him the portfolio, and not because of the richness attached to it. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. The new wealth list favors those in real estate, particularly, those in commercial buildings in big cities, particularly Kampala. Zambia. Required fields are marked *. He has been known for fulfilling numerous responsibilities including being the Chairman of the Bayimba Cultural Foundation Board. The musician turned politician is arguably one of the richest musicians in Uganda. 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 one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank Uganda. 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. We are committed to adding value to our clients by providing unparalled knowledge of the Ugandan real estate markets and financial needs.. And finally on the list, Haruna Mubiru. Most of Ugandas exports are agricultural products. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. 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. Latest list of the top 5 richest Pastors in Uganda 2022. Banyankole. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. 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. In 2010, he was chairman of the Uganda Securities Exchange. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. He was born on October 25, 1974. According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. The last two years have disrupted many things including the wealth of the rich class. In thirty-sixth spot is the BSP's Rakesh Pandey. And wealthy politician in the parliamentary election 7 Dislike Share Save Pearl 1Xtra 7.53K #. And was a co-founder of Zambeef and was a co-founder of Zambeef and was a CEO! Per day entrepreneurs in the United Kingdom where he earned a Master of business Administration degree been known for a! Musician turned politician is arguably one of the richness attached to it are to! 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