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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]
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.
Name | Net worth | Residence | source of wealth |
---|---|---|---|
Alykhan Karmali [4] | 700 million (2012) [3] | Kampala | Mukwano Group, agribusiness, food processing, manufacturing, banking, real estate [5] |
Amos Nzeyi [6] | 1 billion (2021) | Kampala | Real estate, banking, bottling, bakery, hotels |
Sadat Kamugisha [7] | 15 million (2023) [8] | Mbarara City | electronics and automotives dealership |
Andrew Rugasira [9] | 10 million (2012) [3] | Kampala | Good African Coffee, Rwenzori Coffee, investments |
Bob Kabonero [10] | 250 million (2019) [3] | Kampala | investments, casino, real estate [11] |
Bulaimu Muwanga Kibirige [12] | Kampala | Hotels, real estate, construction equipment, foreign exchange bureaus | |
Charles Hamya [13] | Kampala | Satellite Television, Real Estate | |
Charles Mbire [14] | 600 million (2021) [3] | Kololo | Telecommunications, banking, pharmaceuticals, fish farming, investments, power generation |
Charles Mugerwa [15] | 15 million | Kampala | In-line Print Services, Real Esate |
Drake Lubega [16] | Kololo | Real estate | |
Elvis Sekyanzi [17] | 8 million (2012) [18] | Kampala | Entertainment, broadcasting, nightclubs, mineral water |
Godfrey Kirumira [19] | 30 million (2012) [3] | Muyenga | Real estate, hotels, schools, transportation, international trade, security guards |
Gordon Wavamunno [20] | 100+ million (2012) [3] | Munyonyo | Automobile dealerships, broadcasting, real estate, insurance, dairy farming, mineral water |
Isaac Mulindwa Jr. [21] | Ggaba | Construction, [22] Entertainment, Broadcasting, Makinawa University [23] | |
Hamis Kiggundu [24] | 1.02 billion (2024) [25] | Kampala [26] | Real Estate, Hospitality, International trade, [27] Agro-processing, Logistics |
Hassan Basajjabalaba [28] | Kampala | Universities, schools, real estate, animal skins and hides, hospitality. | |
Ian Clarke | 15 million (2014) [29] | Makindye | University, hospitals, real estate, healthcare, health insurance, ambulances, hotels |
Opio Solomon Micheal | 15 million (2014) [30] | Munyonyo | University, hospitals, real estate, healthcare, health insurance, ambulances, hotels |
Ibrahim Kironde Kabanda [31] | 5+ million (2015) | Kampala | Investments, real estate |
Karim Hirji [32] | 700+ million (2015) | Kampala | Dembe Group of Companies |
James Isabirye Mugoya [33] [34] | Kampala | Real estate, construction, investments | |
James Mulwana Family [35] | 30 million (2013) [36] | Kampala | Dairy farming, plastics, manufacturing, horticulture, real estate |
James Nyakuni [37] | Arua | Transportation, real estate | |
Joseph Magandaazi Yiga [38] | 10 million (2012) [3] | Kampala | Jomayi Property Consultants, [39] real estate, construction |
Madhvani Family | ~1 billion | Kakira | Madhvani Group |
Martin Aliker [40] | Kampala | Dental surgery, investments | |
Martin Drito [41] | Kampala | Mining, timber, logging | |
Miraj Barot [42] | 15 million (2012) [3] | Kampala | Real estate, construction, agribusiness, steel |
Mohammed Alibhai [43] | Kampala | Bodyguards, security guards, investments | |
Mohammed Hamid [44] [45] | ~1 billion (2019) [46] | Kampala | Hotels, flour milling, transportation, international trade, bakery, mining |
Mukesh Shukla [47] | 100+ million (2012) [3] | Kampala | Shumuk Group of companies, real estate, aluminum recycling, hotels |
Patrick Bitature [48] | 670 million (2021) [3] | Kampala | Telecommunications, electricity generation, banking, insurance, hotels, resorts, ranching, real estate [49] |
Ponsiano Ngabirano [50] | 20 million (2012) [3] | Kampala | Capital Shoppers Supermarkets |
Robina Bwita [51] | Fort Portal | Hotels | |
Sam Otada [52] | Kiryandongo | Transportation, construction, telecommunications, real estate | |
Sarah Nabukalu Kiyimba [53] | Masaka | Hotels, real estate | |
Sebastian Munulo [54] | Iganga | Hotels, schools, real estate | |
Sikander Lalani | 1 Billion (2023) | | Kampala | Roofings Group |
Sudhir Ruparelia | 1.2 billion (2019) [55] | Kampala | Ruparelia Group |
The Ruparelia Group of Companies, commonly referred to as the Ruparelia Group, is a privately owned conglomerate in Uganda. Sudhir Ruparelia, a wealthy Ugandan businessman, is a shareholder in each of the companies in the Group.
Charles Magezi Mbire is a businessman, entrepreneur, and industrialist in Uganda. He was reported to be the wealthiest indigenous Ugandan, with an estimated net worth exceeding US$200 million as of January 2012.
Sudhir Ruparelia is a Ugandan business magnate and investor. He is the chairman and majority shareholder in the companies of the Ruparelia Group. His investments are mainly in the areas of banking, insurance, education, broadcasting, real estate, floriculture, hotels, and resorts.
Bulaimu Muwanga Kibirige,, commonly known as BMK, was a Ugandan businessman, entrepreneur, and hotel owner. According to a 2012 published report, he was one of the wealthiest people in Uganda.
Richard Patrick Byarugaba is a Ugandan business executive, banker, and entrepreneur. He is the former managing director and chief executive officer of the National Social Security Fund (Uganda), a semi-autonomous retirement pension organisation for non-government employees in Uganda. He served in that capacity from November 2017 until November 2022. He was also listed in 2012 as one of the wealthiest individuals in Uganda.
Victoria University Uganda (VUU), also known as Victoria University Kampala, is a university in Uganda, accredited by the Uganda National Council for Higher Education (UNCHE). It offers short, professional, diploma, undergraduate and postgraduate courses.
The Speke Resort and Conference Centre is a hotel-resort-conference-centre in Kampala, the capital and largest city of Uganda, the third-largest economy in the East African Community. It is one of the five 4-star hotels in Kampala, as rated by the Uganda Tourism Board in June 2015.
Karim Hirji is a Ugandan businessman, hotel owner and entrepreneur. He is reported to be one of the wealthiest individuals in Uganda, with an estimated net worth of about US$800 million.
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 as a member of 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 served as 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. He was reported in 2012 to be one of the wealthiest people in that country.
Sikander Lalani is a businessman, MD at Roofings Group entrepreneur, industrialist, and former histopathologist in Uganda. He is reported to be one of the wealthiest individuals in Uganda.
Bob Kabonero is a businessman and entrepreneur in Uganda. According to a 2012 published report, he was one of the wealthiest people in Uganda.
Crescent Baguma, also known as Amooti Crescent Baguma and Baguma Crescent Rusoke, was a businessman in Uganda. He reportedly was one of the wealthiest individuals in that country in 2012.
James Isabirye Mugoya, also known as James Isabirye or James Mugoya, is a Ugandan engineer and businessman. He is the founder, owner, chairman, and chief executive officer of Mugoya Construction Company Limited. In 2012, he was listed as one of the wealthiest individuals 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.
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.
Mukesh Shukla, commonly referred to as Shumuk, is a businessman, entrepreneur, and politician in Uganda. He was reported in 2012 to be one of the wealthiest individuals in Uganda.