richest mps in uganda

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. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Source: Roofing sheets. In thirty-sixth spot is the BSP's Rakesh Pandey. With the speed at which his fortune grows, he may well move out of fourth place in the years to come. John is believed to be the second richest politician in Uganda. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million. Please whitelist to support our site. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. 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. Thomas Tayebwa is one of the Richest but Unknown politicians in Uganda. Most of Ugandas exports are agricultural products. With a net worth of approximately $300 million, he is one of the richest people in Uganda. This came as a recognition of his contribution to the countrys economic progress. Other posts he has once served include as a Minister of Energy and Mineral, Minister of Agriculture, Animal Industry and Fisheries, etc. 7. 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. Dr.Innocent is a veterinary doctor by profession and a young billionaire currently owning businesses like Club Amnesia, SMS company known asBlue Cube, Galaxy FM and he also invested in Real estates aswell as online betting businesses, before that he was also a marketing professional in a newspaper company known as Red Pepper. However, not all of them receive numerous attendants since some are small in size. He was worth $ 500 million by 2021. Alykhan Karmali is among the richest people in Uganda born to immigrants. Although he is no longer in service of the government, he is very wealthy. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. The current list of wealthiest politicians in Uganda. This is a private university in Kampala, Ugandas capital city. 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. 2023 BigEye.UG. In 2012, Uganda Investiment Authority named Miraj Barot as the youngest entrepreneur, he invested over $30 million inTirupati Development, a real commercial estate Which includes Ovino market, Mazima mall in Kabalagala,Kyebando warehouses and etc. Today, we walk you through the top ten richest Ugandans including their net worth. Save my name, email, and website in this browser for the next time I comment. The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. He opened a plant in Kigali in 1978 to produce roofing materials. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. (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 . Analysts say Haruna strategy has been to turn Mengo Kisenyi into a premier business center. This has been linked to the numerous opportunities available in the country. RK is married to Shrimati Rita Kishore Sinha, with two children. In 2012, Uganda Investiment Authority named Miraj Barotas the youngest entrepreneur, he invested over $30 millioninTirupati Development, a real commercial estate Which includes Ovino market, Mazima mallin Kabalagala,Kyebando warehousesand etc. 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. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. He is the chairman and principal stakeholder of the Ruparelia Groups firms. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Pastor Samuel Kakande. Sudhir Ruparelia is currently the richest man in Uganda , with an estimated net worth of USD1. However, real estate remains the backbone still holding his wealthy position. 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. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Session of the United Nations General Assembly. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. Karim Hirji - Net Worth: $800 Million Karim Hirji is a businessman, hotel owner, and entrepreneur in Uganda. It is said Lubega builds or buys a new building of not less than USD7 million, every 6 months with money he collects from rent. . In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Find out more here! Bobi Wine is the richest musician in Uganda today. He is also a philanthropist, real estate developer, lawyer, and author. 1. Afterward, he became a distributor of Goodyear tyres in Rwanda. Kimani is worth an estimated Kshs 500 million. In 2014, Galla won the seat by a margin of 69,111 votes. 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. He then acquired one of Sudhir Ruparelias milling machines from Premiere Mills. Also Read:10 Most Influential Africans Making Incredible Impact In Africa And Beyond. The MPs earn 35,000,000 Uganda shillings, equivalent to 8,427. Recently, he was involved in a case where he was alleged to have collected the sum of 500,000 Dollars from a foreign investor. Your email address will not be published. Top 7 Richest politicians and MPs in Uganda. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. Sentongo is a young business man owning a multi-billion real estate company known as Haruna Enterprises which includes commercial building in the city such as Haruna Towers in Wandegeya and another one located in Ntinda, one of Kampalas suburbs. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. Karmali also sat on the board of directors of Exim Bank (Uganda), a commercial bank in which Karmalis Mukwano Group owns a 36.5 percent stake. He is the leader in Private High school education in the entire country with a chain of schools. List of wealthiest men in Uganda. The list is not exhaustive, and net worth values are hard to determine.[3]. Simba telcom also owns Kampala Pretoria hotel. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. Banyankole. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Manu Chandaria graduated from Jamnagar University in India and then went on to study engineering at the University of Oklahoma. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. Most of the rich politicians in Britain, says the Times, are Tories as you would expect. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Just like his portfolio implies, He has tried in all capacities to improve the educational standard of the country. In addition to his accumulated wealth, he also owns two residential apartments both in Mitooma and Kampala, each of which is valued at a very high cost. One of the oldest entrepreneurs in the history of Uganda is Sikander Lalani. 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. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. Boris Johnson, Prime Minister: 157,372. Bob Kabonero graduated from Oxford Brookes University in Oxford, England, with a bachelors degree in business administration and retail management. 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. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. "All Government remunerations should be . He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Mohammed Hamid is another prominent Ugandan entrepreneur and businessman. He is building warehouses for agro produce sales and rents them out. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. Unsurprisingly, he has decided not to fully engage in the political situation in 2021. However, the contributing factor is not only the fund generation by the Government. She has wealth in Land and real estate in Jinja and Kampala. This is mainly because of his behavior towards tackling unemployment in the country. 10. 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. His net worth was about $1.2 billion as of 2019. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. businessdaily. Mohamed Ali Hon. He also owns a logistics firm, an import products firm, and the Ugandan Europcar franchise. He currently manages Simba Group of Companies that dabbles in telecoms, energy production, mining, media, real estate, travel, and leisure. Given birth to in 1962 in Arua, Arua District, Mukesh has businesses that are organized under the Shumuk Group. Please enter your username or email address to reset your password. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. 2. 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. These businessmen have made their wealth by investing in different sectors. 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 came into the parliament in 2016 as a rich individual. TORY rising star Jacob Rees-Mogg is one of parliament's richest MPs - raking in 1million this year, it has been revealed. He was also honored with an honorary doctorate degree from Makerere University. According to Wikipedia, Haruna Ssentongo, is one of the richest people in Uganda, and is said to be worth USD 420 million. 10/10. It has also been clearly stated by him to Museveni that he doesnt want to come back to the cabinet so he can face and develop his empire very well. 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. Uganda is one of the countries in the Eastern part of Africa that has a very fast-growing economy. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. The second richest person in Uganda, Karim is an entrepreneur that has been known for solving issues in Uganda, thereby generating money for himself. Mohammed, the younger, worked with his elder brother until the early 1990s when he founded Pan Afric Commodities, a commodities trading firm. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. This is because he is a known and important figure in the sector. Bob Kabonero is a Ugandan businessman and entrepreneur. However, many backbench MPs. 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. He came into the parliament in 2016 as a rich individual. 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. Charles Mbire is the wealthiest native of Uganda as many of the richest men in Uganda of the foreign descents. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. In thirty-seventh spot is the BJD's Baijayant Panda. Jyotsna Ruparelia. Muwonge is an allusive billionaire who is rarely seen in public. Among the richest MPs in India, Ravindra Kishore Sinha, popularly known as RK Sinha was born on 22 September 1951 in Buxar, Bihar in India. 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. Just like Yeri, she has made massive investments in the educational sector. Richard Kabonero, Ugandas ambassador to Tanzania, is his older brother. 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. Ronald Mayinja. The outspoken young tycoon is said to be collecting not less than USD1 million a month. He was elected from Ambedkar Nagar in Uttar Pradesh and is worth Rs 16.4 crore. 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. 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. Mugisha is a young billionaire owning a public relations company known asTerp Consult which has got several lucrative contracts from the government, the major one being the US$1 million Gifted By Nature CNNmarketing campaign. Below we bring you the list of the top 10 richest pastors in Africa. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Additionally, he owns a ground-handling service known as Enhas at Ugandas Entebbe Airport. 1. All MPs earn a basic salary of 74,000 a year, with . With the rate at which his wealth is growing, he may exit the fourth position in the years to come. This has increased the fame of the country from a global view. Deox is also one of the youngest billionaires in Uganda, he is the founder of a very powerful and efficient full-service law firm known as Tibeingana and Company Advocates which handles legal work for giant companies, he is an advocate of the high court of Uganda and all courts of judicature in Uganda, he is also the owner of Rivonia Hotel located in Mbuya, in Kampala, his hotel has 16 suites and a luxurious health club, he is also a real estate dealer. 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. 1. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. She is the leading provider of High school scholarships in the Entire East educating over 200 students on her personal wealth. In this new Ugandas new list of the wealthiest, a lot has changed tremendously with big names such as Patrick Bitature, and Charles Mbire, among others, dropping off the top 10 as previously reported. He is an entrepreneur, businessman, and author. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. He was born on October 25, 1974. 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. The business magnate hails from the Kabarole region. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. kenyahistory. Patrick Bitature net worth is $100 million. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. His net worth amounts to $800 million, making him the second richest man in Uganda. 11.Sembule Family- They own Sembule Steel Rolling . This investment has been known for driving a huge amount of money into Johns bank account. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. Here are the richest tribes in Uganda. He is also one of those that derive most of their wealth from the political arena. Patrick Bitature is the seventh richest man in Uganda. Sikander Lalani is a Ugandan entrepreneur, industrialist, and former histopathologist. 25 Mar, 2022, 10.20 PM IST Elon Musk, Jeff Bezos, Mark Zuckerberg and Bill Gates: World's 10 richest men doubled their fortunes during pandemic, says report He won the seat on an independent ticket and has served the people remarkably well. Hon. The last two years have disrupted many things including the wealth of the rich class. Hon. Given birth on the 11. of November, 1950, Karim Hijri was a champion automobile race drive during the 1960s and 1970s. 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. The country Channel for the next time I comment in private High school education in the 17th Sabha. Married to Shrimati Rita Kishore Sinha, with an estimated net worth values are hard to determine. 3. 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