richest mps in uganda

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. Sudhir Ruparelia Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. Thomas Tayeebwa owns numerous companies including SMS Empire Limited, Gateway Associates Limited, Wandaz Products Limited, Cholmart Investments, and a host of others. Zambeef is one of the richest and most successful companies in Zambia with over 195 outlets in Africa, employing 7,000 people. He is not only an active businessman and entrepreneur but also a philanthropist, which is supported by the enormous monetary and material donations that he has made in this context. 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. 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. Some of his businesses have subsidiaries not just in Uganda but also in Kenya, and Tanzania. She is said to be the pillar on which her relatives including John Sebalamu, John Bosco Muwonge and Haruna Segawa, built their wealth. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. Being the brain behind the establishment of Roofing Groups, Sikander occupies the sixth position with a net worth of $300 Million. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. Mr. Bitature is the CEO of the Simba Group of Companies, which is a conglomerate with holdings in telecommunications, energy, travel, real estate, leisure, media, and mining. Then, MTN Uganda, which had just debuted in the nation, became a franchisee of the firm. 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. As a Ugandan business tycoon and investor, he has made huge investments in sectors such as real estate, manufacturing, transportation, and many others. This is because he is a known and important figure in the sector. 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. Albert Muganga As a philanthropist, he has donated numerous materials to different associations and organizations in the country. The unlikely social media star owns a 15 per cent stake in a capital . He is the founder and chairman of the Aya Groups executive board of directors. Under the aegis of Mukwano Family, Alykhan Kharmali has claimed a notable position amidst the richest Ugandans, especially as he remains the main force behind one of Uganda's famous companies. 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. 2023 BigEye.UG. He has been in the parliament since 1980 and he was the former President of the 69th Session of the United Nations General Assembly. This investment has been known for driving a huge amount of money into Johns bank account. However, Museveni currently accused Voice of Lango of de-popularizing the NRM government in which he is a strong member. Unfortunately, Crane Bank, which is Ruparelia Groups largest affiliate, faced a major fall in capital in 2016. Real Estate, Hospitality, International trade. 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. The hotel is the biggest hotel in the whole Northern part of Uganda. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. He is a business magnate who has been venturing into textile and alcoholic beverages trading from a shop in Luwum Street, Kampala which later gave birth to Dembe Enterprise before expanding into what is currently known as Dembe Group of Companies. He was born in Kampalas Nsambya Hospital on November 4, 1944. But before entering politics, he was a partner at two highly-profitable hedge funds and is now thought to be one of the richest. On top of that Sudhir has not stopped his support for charitable works and other social causes. 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. 1. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Bitature established the Simba Telecom Limited company in 1998. 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. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Sudhir Ruparelia. 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. Jayadev Galla is the fifth richest MP in the 17th Lok Sabha with a declared asset of over Rs 305 crores. He was born on October 25, 1974. Do you have a story or an opinion to share? John Bosco Muwonge tops the list of richest people in Uganda in 2022. 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. 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. pjimage (1) Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament. He is also the Uganda Manufacturers Associations chairman. Among the table posts Charles held, he was chairman of the Uganda Securities Exchange in 2010, a member of the Presidential Investor Roundtable, which includes an elite group of businesspeople advising the President of Uganda on how to best improve the competitiveness and business conditions of the country. He is an entrepreneur, businessman, and author. He has made significant investments in industry and banking, and he owns 36.5 percent of Exim Bank 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 . Source: Roofing sheets. Mohammed Hamid was born in 1976 and was the second richest African under 40 after Mohammed Dewji, a Tanzanian. Al-Amoudi earned his net worth through his construction, real estate, oil refineries and other businesses. Records show, Haruna Enterprises has an annual turnover of USD 4 Million and employs not less than 600 people. 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 Mr. Ruparelia, who was born in 1956, is an Indian-born Ugandan business mogul and investor. He is one of the Richest men in politicos with wealth in his Ankole Land and Farms, Real Estates Businesses and Transportation. John Sebalamu is a multiple property owner in Uganda credited with starting the culture of the now mushrooming shopping arcades in the heart of Kampala. 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. Nadia's little sister Thandiwe Mbiire is a laid back gal but still finds time to enjoy the fruits of their father's labour. Yuri Milner built a $3.9 billion fortune, thanks to early funding from Kremlin-connected sources. President Yoweri Kgauta is the second richest politician in Uganda second to only his Younger brother. During his tenure as the non-executive director of Exim Bank, Alykhan has helped the company to maintain an impressive 36.5% share gilding. The New Tourist 138K subscribers Subscribe 218 Share 9.3K views 1 month ago #richestfamilies #richestfamilies Top 15 richest families in Uganda.. Also Read:10 Successful African Entrepreneurs With Amazing Beginnings. With a current net worth of $910 million, Pastor Kakande has heavily invested in agriculture. She has wealth in Land and real estate in Jinja and Kampala. In 2014, Galla won the seat by a margin of 69,111 votes. 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. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. Furthermore, Bobi Wine has maintained the first position in the list of Forbes richest musician in Uganda from 2018 to 2022. Bobi Wine is the richest musician in Uganda today. Mohamed Ali Hon. Also, agriculture has been known as a major contributor to the growth of the economy. Most of the rich politicians in Uganda are known for making huge investments in numerous sectors across the country. Subsequently, the Bank of Uganda, which governs all banks in the country, took control of Crane Bank in October that year. One of the richest men in Uganda and the most famous millionaires is Patrick Bitature. Simeon Nyachae is a famous businessman and politician who has accumulated a good amount of wealth during his days in government. Charge Faster and Play More with the new P38 Pro. Hotels, real estate, construction equipment, Entertainment, broadcasting, nightclubs, mineral water, Real estate, hotels, schools, transportation, international trade, security guards. For 20 years now, since its inception, Sikander has established the steel-manufacturing group of companies in Nigeria which comprises three distinct factories. The wealthiest Pastor in Uganda this year is Pastor Samuel Kakande, he has an estimated Net Worth of 920 Million. Being the Minister for Relief, Disaster Preparedness, and Refugees, Hillary Onek is the seventh richest politician in Uganda. In Uganda today, Sam is considered one of the very few powerful politicians that have harnessed numerous wealth over the years. With Kampala as his hometown, he is also considered one of the most influential individuals in the country. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. Here comes the media guru by the name Aaron Mukooza, he is one of the richest entrepreneurs in Uganda. This came as a recognition of his contribution to the countrys economic progress. Sudhir Ruparelia has sat on top of Uganda's rich list for a long time. 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. Back in 2012, he contested the presidential elections in Ghana but lost the seat of the presidency. Like many other business tycoons in the country, Gordon has invested in numerous companies including Wavah Water Limited, GM Tumpeco Limited, and many others. And finally on the list, Haruna Mubiru. In thirty-fifth spot is the BJP's Suresh Angadi. He contested for the chairmanship of the ruling National Resistance Movement in 2016 against the incumbent Hassan Bassajjabalaba. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. 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. The report said government of Uganda should take "deliberate efforts to review and rationalize" the pay structure. He was also a member of the Presidential Investor Roundtable. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. In 2013 he was made a Knight of the Order of St. John. He has major investments in manufacturing and banking and had served as a non-executive director of Exim Bank, a commercial Bank in Uganda. He occupied the seat after defeating President Yoweri Museveni in the parliamentary election. As of January 2012, he was said to be the richest native Ugandan, with a net worth of more than $200 million. Mahendra Prasad, Bihar | He is the richest MP as per an Association for Democratic Reforms report. . Mr. Mbire has made his wealth by investing in diverse sectors. Today, he is able to maintain such a position by centering most of his investments in other sectors like banking and manufacturing. Ashish was born in United Kingdom in 1981 after his parents had moved to UK in 1972 when Idi Amin expelled Asians from Uganda, later the young Ashish and his family moved to Rwanda where they were also forced to leave due to 1994 genocide, they fled to Burundi for a while and later came to Uganda, at the age of 15, Ashish dropped out of school to begin his own business with a loan of $5000. 2. Patrick Bitature- He is the chairman of Simba Telcom Ltd which is a franchise of MTN Uganda. He was also honored with an honorary doctorate degree from Makerere University. Geoffrey Lutaaya. These include pharmaceuticals, finance, telecommunications, agribusiness, real estate, and energy. Recently, in 2020, he was appointed as an honorary consul of the Republic of Nepal to Uganda by the President of Nepal. 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! Currently, she is the speaker of parliament and also the MP representing Kamuli Woman. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 1. With a net worth of over $1 billion, he is the second richest man in Uganda today. Additionally, he is the brain behind the development of one of the famous companies in Uganda known as the Mukwano Group of Companies. 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. Irwin remains one of the richest people in Zambia in . Businessman Nzeyi serves as the Honorary Consul for Mauritius in Kampala, Uganda. Limited company in 1998 license from UK parliament sectors like banking and manufacturing one years time, the of! 2013 he was a partner at two highly-profitable hedge funds and is now thought be! Finance, telecommunications, agribusiness, real estate, and energy the incumbent Hassan.... 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