List of Ugandans by net worth

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The per capita income in Uganda in 1999 was approximately US$650 annually. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. [1] [2]

Contents

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. The list is not exhaustive, and net worth values are hard to determine. [3]

The names are arranged alphabetically, using the first name to select rank.

NameNet worthResidenceSource of wealth
Alykhan Karmali [4] 700 million (2012) [3] Kampala Mukwano Group, agribusiness, food processing, manufacturing, banking, real estate [5]
Amos Nzeyi [6] 250 MillionKampalaReal estate, banking, bottling, bakery, hotels
Anatoli Kamugisha [7] 77 million (2023) [8] Mbarara City Real estate
Bob Kabonero [9] 250 million (2019) [3] KampalaInvestments, casinos, real estate [10]
Charles Mbire [11] 600 million (2021) [3] Kololo Telecommunications, banking, pharmaceuticals, fish farming, investments, power generation
Drake Lubega [12] KololoReal estate
Elvis Sekyanzi [13] 8 million (2012) [14] KampalaEntertainment, broadcasting, nightclubs, mineral water
Godfrey Kirumira [15] 30 million (2012) [3] MuyengaReal estate, hotels, schools, transportation, international trade, security guards
Gordon Wavamunno [16] 100+ million (2012) [3] Munyonyo Automobile dealerships, broadcasting, real estate, insurance, dairy farming, mineral water
Hamis Kiggundu 1.02 billion (2024) [17] Kampala [18] Ham Group, real estate, hospitality, international trade, [19] agro-processing, logistics
Ian Clarke 15 million (2014) [20] Makindye University, hospitals, real estate, healthcare, health insurance, ambulances, hotels
Karim Hirji [21] 700+ million (2015)KampalaDembe Group of companies
James Mulwana Family [22] 30 million (2013) [23] KampalaDairy farming, plastics, manufacturing, horticulture, real estate
Madhvani Family ~1 billionKakiraMadhvani Group
Miraj Barot [24] 15 million (2012) [3] KampalaReal estate, construction, agribusiness, steel
Mukesh Shukla [25] 100+ million (2012) [3] KampalaShumuk Group of companies, real estate, aluminum recycling, hotels
Omar Ahmed Mandela550 [26] (2024)KampalaMandela Group of Companies
Patrick Bitature [27] 100 million (2021) [3] KampalaTelecommunications, electricity generation, banking, insurance, hotels, resorts, ranching, real estate [28]
Ponsiano Ngabirano [29] 20 million (2012) [3] Kampala Capital Shoppers Supermarkets
Sudhir Ruparelia 1.2 billion (2019) [30] Kampala Ruparelia Group

See also

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Joseph Magandaazi Yiga is a Ugandan businessman and entrepreneur. He is the managing director and chief executive officer of Jomayi Property Consultants Limited, a leading real estate and development company based in Kampala, Uganda's capital and largest city. Yiga is reported to be one of the wealthiest individuals in Uganda, with net assets of approximately US$10 million as of January 2012.

Charles Hamya is a Ugandan businessman. He was the managing director of MultiChoice Uganda Limited, a digital communications network provider, until his resignation in January 2019. He is reported to be one of the country's wealthiest individuals. He also served on the board of directors of Uganda Airlines from May 2019 to 2022 when the board was suspended amid reports of underperformance, abuse of office and financial mismanagement. He resigned from Uganda Airlines board in January 2022 after being cleared of any wrongdoing by the shareholders.

James Mulwana, was a Ugandan businessman. He was the Group chairman and chief executive officer of the Mulwana Groupof Companies, a diverse business conglomerate with interests in dairy farming, plastics, manufacturing, and real estate. From 1992 until his death in 2013, Mulwana served as a non-executive director on the board of directors of Standard Chartered Uganda, the second-largest commercial bank in the country, by assets. From 1998 until 2013, he was the chairman of that board. At the time of his death, he was listed as one of the wealthiest individuals in Uganda.

Elvis Sekyanzi, also known as Elvis Sekyanzi Wavamunno, is a businessman, entrepreneur and qualified sound engineer in Uganda. In 2012, he was reported to be one of the wealthiest Ugandans.

Bob Kabonero is a businessman and entrepreneur in Uganda. According to a 2012 published report, he was one of the wealthiest people in Uganda.

Godfey Kirumira, also known as Godfrey Kirumira Kalule, is a Ugandan businessman. According to a 2012 published report, he is one of the wealthiest people in Uganda.

John Ssenseko Kulubya, was an engineer, businessman, and politician in Uganda. He was reported in 2012 to be one of the wealthiest people in Uganda.

Sarah Nabukalu Kiyimba is a businesswoman and hotel owner in Uganda. In 2012, the New Vision newspaper listed her among the wealthiest individuals in Uganda.

Ponsiano Ngabirano is a businessman and entrepreneur in Uganda. He is the founder, chairman and managing director of Capital Shoppers Supermarkets, a chain of supermarket stores, which he owns. The stores in the chain are based in Kampala, Uganda. In 2012, the New Vision newspaper listed him among the wealthiest individuals in Uganda.

Mohammed Alibhai is a businessman in Uganda. According to a 2007 published report in the New Vision newspaper, he was one of the wealthiest individuals in Uganda.

Barbara Mulwana is a Ugandan electrical engineer and computer scientist, who serves as the chairperson of the Uganda Manufacturers' Association. In May 2017, she replaced Amos Nzeyi, who retired after two consecutive terms. She also serves as the executive director of "Nice House of Plastics", a member company of the Mulwana Group of Companies.

References

  1. 1 2 The World Bank (2014). "2013 Uganda GNI Per Capita". The World Bank . Retrieved 1 June 2015.
  2. ↑ "Uganda Demographics Profile 2013". Indexmundi.com. 2013. Retrieved 17 April 2014.
  3. 1 2 3 4 5 6 7 8 9 10 Kanaabi, Michael; Kiryowa, Ssebidde (6 January 2012). "The Deepest Pockets". New Vision . Kampala. Retrieved 8 November 2014.
  4. ↑ Ismailmail, Blog (4 November 2011). "Mulis Alykhan Karmali Enters Into Shs se Billion Deal for Construction of Acacia Mall, Kampala" . Retrieved 17 April 2014.
  5. ↑ Nsehe, Mfonobong (11 June 2012). "Five Ugandan Multi-Millionaires You Should Know". Forbes Africa Magazine. Retrieved 17 April 2014.
  6. ↑ "PepsiCo Chief Visits Uganda". The Observer, Uganda (Kampala). 15 April 2013. Retrieved 13 November 2014.
  7. ↑ Faridah Kulabako (5 March 2014). "Real Electronics and automotives". Daily Monitor . Kampala. Retrieved 29 May 2020.
  8. ↑ Michael Kanaabi and Ssebidde Kiryowa (6 January 2012). "The Deepest Pockets". New Vision . Kampala. Retrieved 29 May 2020.
  9. ↑ Rumanzi, Perez (10 March 2013). "A Pillar In Her Community". Daily Monitor (Kampala). Retrieved 13 November 2014.
  10. ↑ Wekesa, Anthony (3 February 2016). "Kabonero has no shares in Kampala Casino - defendant". Daily Monitor . Kampala. Retrieved 3 February 2016.
  11. ↑ Magoba, Brian (23 June 2012). "MTN's Charles Mbire named richest Indigenous Ugandan in latest survey". Daily Monitor (Kampala). Retrieved 14 November 2014.
  12. ↑ Namazzi, Elizabeth (1 June 2012). "Till Death Threats Do Us Part". New Vision. Retrieved 17 April 2014.
  13. ↑ "Sekyanzi Opens Club Silk In London". New Vision (Kampala). 21 August 2014. Retrieved 9 November 2014.
  14. ↑ Kansabi, Michael; Kiryowa, Ssebidde (6 January 2012). "In 2012, Elvis Sekyazi's Net Worth Was Estimated At About US$12 Million". New Vision . Kampala. Retrieved 7 December 2014.
  15. ↑ Tugumisirize, Benon; Nakabugo, Zurah (9 August 2012). "Tycoon Kirumira Collapses Under Police Questioning". The Observer, Uganda (Kampala). Retrieved 13 November 2014.
  16. ↑ Kahunga, Matsiko (30 October 2012). "Wavamunno Tells His Entrepreneurial Journey". Daily Monitor (Kampala). Retrieved 14 November 2014.
  17. ↑ Gee Mukama (April 2024). "LIST: Unveiling Uganda's wealthiest moguls in 2024 as Sudhir retains top spot". Kampala: How We Biz Uganda. Retrieved 7 April 2024.
  18. ↑ The Uganda Times (22 April 2020). "Pictorial: Tycoon Hamis Kiggundu's Residence Very Safe And Not Flooded As Alleged". Uganda: The Uganda Times. Retrieved 19 June 2020.
  19. ↑ Ham Enterprises Uganda (19 June 2020). "About Ham Group of Companies". Kampala: Ham Enterprises Uganda. Retrieved 19 June 2020.
  20. ↑ Tacca, Alan (12 January 2014). "NRM War, Corruption And Incompetence Have Helped Dr. Ian Clarke "Busulwa"". Daily Monitor (Kampala). Retrieved 18 March 2015.
  21. ↑ Muhumuza, Mark Keith (3 June 2015). "Richest Man in Uganda and their networth". Daily Monitor (Kampala). Retrieved 3 June 2015.
  22. ↑ Nakaweesi, Dorothy; Ladu, Ismail Musa (16 January 2013). "Renowned Businessman James Mulwana Is Dead". Daily Monitor (Kampala). Retrieved 13 December 2014.
  23. ↑ Kasoma, Aloysious; Nyanzi, Peter; Akello, Joan (19 January 2013). "James Mulwana 1936-2013: At The Time of Death, His Net Worth Was Valued At About US$30 Million". The Independent (Uganda) . Archived from the original on 3 April 2015. Retrieved 13 December 2014.
  24. ↑ Bwire, Stephen (14 January 2012). "Miraj Barot Also Known As Tirupati". The Independent (Uganda) . Archived from the original on 9 November 2014. Retrieved 9 November 2014.
  25. ↑ Lubwama, Siraje (7 August 2012). "Battle for Shumuk House Rages On". The Observer (Uganda). Retrieved 17 April 2014.
  26. ↑ Bizmart (6 April 2024). "Uganda's Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024". Bizmart. Retrieved 5 January 2025.
  27. ↑ Ladu, Ismail Musa (21 January 2014). "Bitature 'Milks' Cash From High - Breed Animals". Daily Monitor (Kampala). Retrieved 14 November 2014.
  28. ↑ Ladu, Ismail Musa (22 December 2014). "Local Firm Negotiates Shs28 Billion Property Development Deal". Daily Monitor (Kampala). Retrieved 22 December 2014.
  29. ↑ Businge, Julius (13 July 2014). "Local Supermarkets Vie for Market Share". The Independent (Uganda) . Retrieved 9 November 2014.
  30. ↑ Andrew Irumba (15 May 2019). "Forbes Releases 2019 List Of Top 10 Richest People In Uganda And Their Net Worth, Sudhir Still On Top!" (Quoting Forbes Magazine). Kampala: Spyuganda.com. Retrieved 22 February 2020.
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