richest mps in uganda

1. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. Lalani is the founder of Roofings Group, the largest manufacturer of steel construction materials in Uganda with installed production capacity of 72,000 . Patrick Bitature is the seventh richest man in Uganda. Nzeyis net worth as of 2021 was about $1 billion, making him the third richest person in Uganda. Some of his hit jams are Kiwani, Wendi, Aida, Mr Money, Tuliyambala Engule, Ogenda, and Akalimu. He came into the parliament in 2016 as a rich individual. He is in top 10 richest people in Uganda. Charles Magezi Mbire is an entrepreneur, businessman, and industrialist. 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. 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. 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. 3. Today, Haruna owns Nakayiza market with 12 blocks, Haruna Towers in Kisenyi, NM apartments, Old Africana agro market, Segawa market which has two blocks, he has new coming up in Kisenyi, four acres of undeveloped land in the same area, Haruna shopping mall, Haruna towers Ntinda, trading under his Haruna enterprises. Simba Telecom has risen to become Ugandas top MTN airtime seller, with gross sales exceeding US$80 million in 2010. The 28 year old is a young brother to Hamisi Kiggundu of Ham Enterprises. She is also one of the property moguls in Kampala. Your email address will not be published. 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. In 2013, he was appointed Knight of the Order of Saint John. The 15 Richest Families In Uganda 2023. 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. She commissioned the Century Hotel valued at Shs3bn in Kamuli District in 2014. Today he is the Co-founder and CEO of Mara Group which deals in IT services, real estates and Agricultures, he is also the Co-founder of Atlas Mara which is in partnership with Bob Diamond, a company that invests in commercial banking institutions in Africa, in 2013 both Ashish and Bob Diamond managed to raise $325 million in funding. Richest Conservative MPs listed as second jobs bring in up to 1m each By Craig Meighan @CraigyMeighan Multimedia Journalist Share 1 Comments Theresa May, Owen Paterson (right) and Sajid Javid are among the highest earners in the House of Commons DESPITE earning more than 90% of UK earners, many MPs choose to take on second jobs. Dr Sudhir has business interests in several sectors of the Ugandan economy such as insurance, broadcasting, real estate, education, floriculture, banking, hotels, and resorts. Bobi Wine is also one of the Richest politicians in Uganda. Born in Uganda in 1965, he is the youngest of three children in the family. Additionally, the hotel is a three-star hotel. The eleventh parliament of Uganda consists of a total of 529 legislators representing the various constituencies and the units of government in the country. Nadine Dorries, Culture Secretary: 157,000. Also Read:Top 10 Richest People in Africa. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. Bharti Airtel Limited, an Indian company, is the parent company of Airtel Uganda Limited. The richest and wealthiest MPS and politicians. 11.Sembule Family- They own Sembule Steel Rolling . So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. 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. 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. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. Top 10 Richest Politicians In Uganda 1. 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. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Being a businessman, entrepreneur, and industrialist, Alykhan Kharmi served as a non-executive director of Exim Bank which is a commercial bank in Uganda. 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. She is the owner of the Halycon Foundation, Toto Adoa Primary School, New York Primary Schoo, Namilyando, and others. He has over a thousand agro stores in Kisenyi and sources say this is attracting Kikuubo based businesses. 10/10. Charge Faster and Play More with the new P38 Pro. Muwonge is an allusive billionaire who is rarely seen in public. However, real estate remains the backbone still holding his wealthy position. 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. One of his enterprises, Aya Investments, developed the Pearl of Africa Hotel, which President Yoweri Museveni opened in 2017. 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 also one of those that derive most of their wealth from the political arena. Mohamed Ali is Nyali Constituency's member of parliament. Born in 1976, Hamid is one of the youngest richest people in Uganda. Please enter your username or email address to reset your password. 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 was also a member of the Presidential Investor Roundtable. Sudhir Ruparelia is the richest person in Uganda. As a philanthropist, he has donated numerous materials to different associations and organizations in the country. Simba telcom also owns Kampala Pretoria hotel. Alykhan Kharmaji is another prominent industrialist who founded the Mukwano Group of Companies. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. 1. Representing Lanwo County, Onek is one of the major investors in the country that have eyes on buildings and hotels. Other posts he has once served include as a Minister of Energy and Mineral, Minister of Agriculture, Animal Industry and Fisheries, etc. 1. The musician turned politician is arguably one of the richest musicians in Uganda. Pastor Joseph Sserwadda. It is a major belief in Uganda that he harnessed many of his profits from investments and the ability to use his creative mind. Another rich individual that joined the political system just for fun because of his former richness is William Byaruhanga. Afterward, it grew into Dembe Enterprise, which eventually advanced to become the Dembe Group of Companies. 8. 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. Bobi Wine - Net Worth $7.3 million . Being an entrepreneur and an investor, Charles was born in the year 1959 in Mparo, Rukiga District. Representing Serere District, she became famous after ousting FDCs stronghold Alice Alaso in the 2016 elections. Given birth to in Kabatoro, Sudhir Ruparelia comes from an upper-middle-class Indian Gujarati family. All MPs earn a basic salary of 74,000 a year, with . Every MP was granted more than $41,000 in 2013 to buy personal cars and also free ipads which were estimated to cost a total of $370,000. Mr. Bitature has over the years built other businesses within the Simba Group of Companies. 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. In thirty-fifth spot is the BJP's Suresh Angadi. In addition, he is considered as a major investor with his investments running across sectors like the media and banking sectors. 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 Just like with many other entrepreneurs in the country, Gordon has investments across numerous companies including Wavah FM, Wavah Water Limited, GM Tumpeco Limited, and numerous others. Under a powerful family called Mukwano Family, Alykhan is always found in the vanguard of competing with other rich individuals in the country. He is the leader of the Entire wealth operation in Uganda and leader and managing director of all industrial Parks in Uganda. A Subsidiary of Daily Express Media Ltd. I was tortured, forced to admit that I killed Nagirinya, key suspect tells court, NUPs Eric Mwesigwa turns against own party, says he was promised sh50m for staged torture, Meet ARiA: A Talented Ugandan pop star from Retro Records, DStv Uganda hikes bouquet prices again as customers push for regulation over dubious charges, FULL STATEMENT: Bobi Wine condemns govt officials named in Karamoja iron sheets scandal, UNEB to release 2022 UACE Results this Friday, URA eyes more revenue on Mobile Money, Bank agents, in new tax regime, Tinubu declared winner of Nigerias election as opposition calls for re-vote, Police rescue five pupils from suspected kidnap, van driver arrested, 49-yr-old man arrested for impregnating P7 pupil. Net Worth 2022 - $700,000. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Later, he founded FIFI Transport Uganda Limited, which later became Panafric Transport. Afterward, he became a Goodyear tyre distributor in Rwanda. 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. His term began on September 17, 2021, and will end in 2025. 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. The Pyramids Casino and Kampala Casino are two of his business ventures. Sam Kuteesa has been serving in government since 1980 during the Obote regime where he won against Museveni the current President. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. The controversial preacher is said to be the richest pastor in Africa with an . He is one of those that put their focus on the communication sector in the country. He is an industrialist and owner of . According to Forbes, the Ugandan business tycoon had a net worth of approximately $870 million in 2021. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Jyotsna Ruparelia. The last two years have disrupted many things including the wealth of the rich class. He is currently the chairman and the major shareholder of the Aya Group of companies. Pastor Samuel Kakande. The current list of wealthiest politicians in Uganda. Tory MPs net worth ranked: Sajid Javid, the health minister, is the eight richest cabinet member (Image . 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. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Today, there are numerous churches available for worship in Uganda. (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 . In fact, he is one of the major investors in education most especially in the Seeta High Schools. Then, he started selling textiles and alcoholic beverages in Kampala in the early 1990s. Here is the list of top 10 Richest Men in Ghana. Hakainde Hichilema is number one on this list for Richest Zambian Politicians, currently working on the University project to cost over $80 million, having a net worth estimated to be about $1.0 billion dollars. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. 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. Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. He is the chairman and principal stakeholder of the Ruparelia Group's firms. Lalani is the chairman and CEO of Roofings Group, which is Ugandas largest maker of construction steel materials. Additionally, she is considered as one of the powerful women in the country. Aaron Mukooza currently sits on a staggering net worth of $200 Million, which earns him a spot among the richest men in Uganda. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. He was also accused in 2011 for receiving bribes as kickbacks from an Irish Oil firm known as Tullow Oil. Nadia Kabahita Mbire is one of only two daughters born to tycoon Charles Mbiire, Uganda's richest indigenous man whose worth is estimated at US$200 million. His net worth amounts to $800 million, making him the second richest man in Uganda. He is the current chairman of Crown Beverages Limiteds board of directors. 2 Dec . Nana Akufo-Addo - Net Worth: $250 Million Dollars. Hamis Kiggundu, who is known by many as Ham, is a Ugandan business magnate with investments in different sectors. He also owns massive chunks of Land in Ankole, Gulu with a House and Kampala. 1. Geoffrey Lutaaya. His net worth is more than USD 290 Million. The biggest church in Uganda today is the Miracle Centre Cathedral Church in Kampala owned by Robert Kayanja. In 2007, the Uganda Pentecostal University gave Ruparelia an honorary Doctor of Laws degree in business. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. Simba Telcom is the largest selller of MTN airtime in Uganda. Jyotsna Ruparelia is the wife of the wealthy Sudhir Ruparelia - a leading business tycoon in Uganda. These businessmen have made their wealth by investing in different sectors. These businessmen have made their wealth by investing in different sectors. Under the leadership President Yoweri Museveni, these people have amassed large . According to Forbes, he has a net worth of $900 million. ADVERTISEMENT. Abdu Katuntu who represents Bugweri County is one of the oldest and rich opposition MP in Uganda. According to Forbes, he has a net worth of $900 million. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. 1. His philanthropic lifestyle has been evident in the country, as he has donated numerous materials to various clubs and organizations in the country. Coffee, tea, fish, and cotton are among its top exports. The company is now a leading transporter in East and Central Africa. Karim Hijris company today has subsidiaries named Dembe FM, a radio station; an automobile dealership, a finance and insurance business, an amusement park, and numerous hotels under the Imperial Hotels Group. Just like many other entrepreneurs in the country. In the 1970s, he quit medicine to operate a retail electronics company in Kigali, Rwanda, specializing in Philips products. kenyahistory. 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. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. He has built a steel-manufacturing conglomerate in Uganda which consists of three separate factories that have been organized into the Roofings Group. Given birth to in 1976, Mohammed Hamid was the second richest African under the age of 40 after Mohammed Dewji, who is a Tanzania. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. 7. 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. 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. Uganda is an East African country with a thriving economy. This also drags him into the list of the richest men in Uganda. However, the contributing factor is not only the fund generation by the Government. The entrepreneur studied business and economics at Essex University in England, where he received an honors Bachelor of Science degree. 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. 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. His investments have run across numerous industries including Pharmaceutical, telecommunication, real estate, energy, agribusiness, and finance. 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. The unlikely social media star owns a 15 per cent stake in a capital . His investments are mainly in the areas of education, broadcasting,banking, insurance, real estate, floriculture, hotels, and resorts. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. Mr John owns several properties in Kampala, including Freedom City Mall, which cost him US $1 million, Capital House, Naiga Chambers, and several other prominent properties. 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. Uganda Breweries Ltd came into existence shortly after World War II in 1946. 1. Then, in the 1960s, he trained as a histopathologist and worked for two years at the University College Hospital in London, England. Pastor Joseph Sserwadda is currently the 2nd wealthiest Pastor in UG. Net Worth 2022 - $900,000. Net Worth 2022 - $500,000. However, not all of them receive numerous attendants since some are small in size. In the top 10 districts ranked by average income (GDP per capita), Wakiso is followed by Kampala at Shs9,587,960 ($2,655), Mukono at Shs6,276,410 ($1,738), Masaka with Shs4,911,350 ($1,360), Jinja. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Contacts of Mps in the 11th by Daily Express Bob Kabonero is a Ugandan businessman and entrepreneur. 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. Like many of Ugandas richest men of foreign roots, Charles Mbire who is An entrepreneur and investor was born in 1959 in Mparo, Rukiga District. He definitely has numerous sources of income. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. In 2017, the Ugandan government entered into a joint venture with Ham Group to effect major renovations at the stadium, involving an improvement to grounds, increasing seating from 30,000 to 35,000 and constructing retail shops inside the outside walls of the facility. Andrew Ojok Oulanyah is a Ugandan politician . Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. He has been in the parliament since 1980 and he was the former President of the 69. 10 Top Richest Tycoons In Uganda - Number one will Shock You! Born in 1984, Kiggundu is currently the Chief Executive Officer of the Ham Group of Companies. Forth on our top richest companies in Uganda is an old but gold company. This is mainly because of his behavior towards tackling unemployment in the country. 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. 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. The MPs, especially Senyonyi, praised long serving CFO Paul Turyayicenga for saving Uganda Airlines when he blocked Abavator 's $404,000 invoice because it was over payment. With a swooping revenue of 44.9 million USD as of 2016. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Christine Nabukeera is known among the rich circles as Senga Nabukeera. Haruna Sentongo is another new entrant on the top 10 wealth list. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Moreover, businessman Nzeyi owns a stake at Crown Beverages Limited, Hot Loaf Bakery, White Horse Inn, National Bank of Commerce, and Nandos Restaurant. Age: 40 years (as of 2022) Sources of wealth: Music, acting, businesses, and political career. At just 37, Hamis Kiggundu is one of East Africas most revered young entrepreneurs and real estate moguls. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. a street vendor in Kamwokya, one of the poorest neighborhoods In 2013 he was made a Knight of the Order of St. John. Crown is a blue-chip beverage firm that produces premium carbonated soft beverages such as Pepsi, Mirinda, Mountain Dew, Sting, Evervess, and Nivana Mineral Water. Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. As their businesses thrive, their net wealth will continue to increase. 12,736 views Premiered Sep 18, 2021 7 Dislike Share Save Pearl 1Xtra 7.53K subscribers #Subscribe !! Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. 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