Last updated on January 10th, 2024 at 10:13 am
There are various richest men in Uganda. They have a business, a chain of hotels, a finance and insurance business, and investments in big companies. So, who is the richest man in Uganda? Read this article to know more.
Table of Contents
1. Sudhir Ruparelia
The Chairman and the major shareholder of the Ruparelia Group, Sudhir Ruparelia tops the list. This Indian-origin investor is the richest man in Uganda with an estimated net worth of $1.2 billion. He has huge investments and owns a lot of businesses.
2. Mohammed Hamid
Mohammed Hamid is the chairman of the executive board of directors of the Arya Group. He is the second richest man in Uganda with an estimated net worth of $ 1.159 billion.
3. Karim Hijri
The main face behind the presence of the Dembe Group of companies, who is also an entrepreneur and a businessman, has an estimated net worth of $800 million. His major sources of business are an automobile dealership, a chain of hotels, a finance and insurance business, a radio station, etc.
4. Alykhan Kharmali
With an estimated net worth of $700 million, Aykhan Kharmali is one of the richest men in Uganda. Apart from being the managing director of Mukwano Industries Uganda Ltd., he is also a philanthropist, industrialist and entrepreneur.
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5. Charles Mbire
Charles Magezi Mbire, who is an entrepreneur, businessman, industrialist, and co-owner of many Uganda Companies, is one of the richest men in Uganda. He has an estimated net worth of $400 million.
6. Sikander Lalani
Former histopathologist Sikander Lalani is a businessman, industrialist, one of the 10 richest men in Uganda and entrepreneur of MD Roofing Group. He was born in Uganda on October 4, 1944, and has an estimated net worth of $300 million.
7. Aaron Mukooza
Aaron Mukooza with an estimated net worth of $200 million is a Ugandan millionaire and one of the richest men in Uganda. He is a businessman and investor who has large investments that are widely spread in the media and banking sectors.
Also Read: Top 10 Richest Women In Uganda
8. Gordon Wavamunno
Gordon Wavamunno is a philanthropist, entrepreneur, the only distributor of Mercedes Benz in Uganda and owner of Spear Motors Uganda. With an estimated net worth of $100 million, he is also a former director of WBS and one of the richest people in Uganda.
9. Patrick Bitature
Patrick Bitature, with an estimated net worth of $100 million, is an author, entrepreneur and businessman in Uganda. He is the founder and CEO of the East African-based company Simba Group of Companies.
10. Mukesh Shukla
Mukesh Shukla is not only an entrepreneur and a businessman but also a politician in Uganda, who has an estimated net worth of $100 million. One of the top 10 richest men in Uganda, acquires his major wealth under his individual companies and businesses which include an aluminium cooking utensils company, a milk processing plant company, a money lending business, a stock exchange bureau, etc.
