Top 10 richest men in Uganda in 2024

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. 

1. Sudhir Ruparelia

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

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

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..

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

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

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.

Alexander

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