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Friday, April 26, 2013

UGANDA'S LIST OF THE WEALTHIEST

The per capita income in Uganda in 2012 was approximately US$490 annually. An estimated 25% of the 35,000,000 Ugandans live on less than US$1.00 per day. Under those circumstances, wealth accumulation that would not merit mention in wealthier communities attracts a lot of attention in Ugandan circles.
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. The list is divided into seven classes of wealthy individuals and, the names are arranged alphabetically in each class, using the first name to select rank. The classes include;
The New Money Class (Acquired their wealth within the last fifteen years), The Young Entrepreneurs (Less than fifty years old), The Executive Class (CEO's and Managing Directors of government departments and private firms), The Expatriates (Non-Ugandans; some in this class may have dual citizenship), The Pastors (Pastors of Pentecostal churches are sometimes wealthy), The Old Money Class (These individuals inherited their wealth that has run in their families for generations) and, The Super Rich (Many individuals in this class would be classified as wealthy, even in wealthy countries)

The New Money Class


Name
Sources of wealth
Acaali Kobusingye
Fort Portal
Real estate
Aggrey Tumukye
Mbarara
Real estate, Hotels
Benjamin Kalizibwe
Kampala
Real estate, Hotels
Robert Ssanyu Apuuli
Kasese
Real estate, Transportation, Beer Distribution
Aminah Senankya Kiberu
Kampala
Petrol, Real estate
Amina Moghe Hersi
Kampala
Real Estate, Shopping Malls, Hotels, Hardware Stores[4]
Apollo Ntegamahe
Kabale
Transportation,
Bernard Ogwang Ocwoo
Lira
Hospitals, Construction, Food distribution
Bosco Ogwang Edola
Lira
Hotels, Petrol stations, Timber
Charles Muhangi
Mbarara
Transportation
Christopher Nakabale
Kampala
Abattoirs, Real Estate, Farming
Chris Kafule
Kampala
Beer distribution, Real estate
Drake Lubega[5]
Kampala
Real estate
Elisha Kakyomya
Fort Portal
Real estate, Tea estates
Emmanuel Amaza
Adjumani
Construction, Hotels
Felix Orii
Adjumani
Beer and soda distribution
Francis Magezi
Kampala
Finance
Fred Akampumuza
Kampala
Real Estate
George Atyam
Kabale
Real estate, Beer distribution
George Kahwa
Fort Portal
Hotels, Night clubs
George Kermudu Adubango
Nebbi
Construction, Real estate
George Namachi
Busia
Real estate
Glueport Sande
Fort Portal
Real estate, Transportation
Haruna Musiwa
Mbale
Finance, Real estate, Beer distribution
Herman Kigoye MD
Masaka
Real estate, Medical services, Pharmaceuticals, Medical supplies
Johnson Ocol
Lira
Petrol, Real estate
Josephine Kizza
Masaka
Farming
Kakanyero
Gulu
Real estate, Hotels
Kayonza
Kampala
Real estate, Transportation, Beer distribution
Kellen Kayonga
Kampala
Security Guards
Michael Awany
Lira
Real estate, Petrol stations
Moses Kalungi
Kampala
Real estate
Moses Kyatwoha
Bushenyi
Petrol stations
Olet Elyak
Lira
Manufacturing, Construction, Transportation, Real estate
Omar Mandela
Kampala
Automobile parts, Real estate
Lawrence Mukiibi
Kampala
St. Lawrence Schools
Patrick Lucky
Fort Portal
Transportation
Phillip Mangeni Aremo
Busia
Real estate, Hotels, Beef distribution
Sarah Kiyimba
Masaka
Hotels
Sebastian Munulo
Iganga
Hotels
Stephen Mugasa
Fort Portal
Real estate, Newspaper distribution
Steven Njubi
Iganga
Real estate, Schools
Sulaiman Mafabi Lumolo
Mbale
Automobile dealership
Vincent Opio
Lira
Cigarettes, Warehouses, Automobile rentals, Real Estate

The Young Entrepreneurs


Name
Sources of wealth
Angela Nassaazi Lusiba
Muyenga
Corporate Fashion Labels
Alan Shonubi
Kololo
Legal services, Real estate
Andrew Rugasira
Kampala
Entertainment, Coffee processing
Kyanyaga Lusiba
Kampala
Entertainment, Rice & Coffee processing
Arthur Busingye
Kampala
Entertainment, Real estate, Merchandising
Ali-shah Jivraj
Kampala
Trade, Real estate, Electronics
Charles Odere
Kampala
Legal services, Hotels
Charlie Lubega
Kampala
Entertainment, Real estate
Crescent Baguma
Fort Portal
Construction
Edwin Karugire
Kampala
Legal Services, Investments
Elly Karuhanga
Kampala
Legal services, Investments
Elvis Sekyanzi
Kampala
Entertainment, Broadcasting, Night clubs
Halima Wakabhu
Fort Portal
Schools
Isaac Mulindwa
Kampala
Entertainment, Construction, Broadcasting
Ivan Batuma
Kabale
Hotels, Real estate
James Nyakuni
Arua
Transportation, Real estate
Jitu Parma
Kampala
Construction materials
John Esero Kizito
Kampala
I.T, Real Estate, Investments
Kiryowa Kiwanuka
Kampala
Legal services
Nina Karugaba
Kampala
Interior designing, Real estate
Brian Senfuma
Kampala
Investment, Real estate, Entertainment
Peter Sematimba
Lubaga
Broadcasting
Musiwa Salem Cheman
Muyenga
Investments, Finance, Cheman Group
Robina Bwita
Fort Portal
Hotels
Sylvia Awori
Kampala
Fashion designs, Real Estate, Publishing
Samuel Sejjaaka
Kololo
Accounting, Real Estate
Tonny Rutakirwa
Kampala
Publishing, Branding, Merchandising
Don Stanley Kizito
Kampala
Real estate, Finance, Merchandising
Jamil Sempijja
Masaka
Real estate, Finance, Merchandising
Kafuuma Mike
Masaka
Real estate, Finance, Merchandising
Zavverio Kimmula
Masaka
Real estate, Finance, Merchandising
Bwire John Peter
Kampala
Engineering, Real Estate
Musa Sewava
Kampala
Education, Schools

The Executive Class


Name
Sources of wealth
Anatoli Kamugisha
Kakungulu
Akright Projects Limited, Real Estate Development
Baker Magunda
Kampala
Uganda Breweries Limited
Conrad Nkutu
Kampala
The Monitor Newspaper
Charles Hamya
Kampala
Multichoice Uganda Limited, Real Estate
Emmanuel Tumusiime-Mutebile
Kampala
Bank of Uganda
Ivan Kyayonka
Kampala
Shell Oil
Maggie Kigozi
Kampala
UNIDO, Business Consulting, Farming
Mariam Luyobo
Kampala
Taibah Schools
Martin Bandebire
Kampala
NSSF
Martin Drito
Kampala
Drito Global Corporation, Mining, Logging
Richard Byarugaba
Kampala
National Social Security Fund (Uganda)
Tom Mugenga
Kampala
Transportation, Clearing/Forwarding
William Kalema
Kampala
Consulting, Investments
William Muhairwe
Kampala
National Water and Sewerage Corporation

The Expatriates


Name
Sources of wealth
A. R. Kalan
Kampala
Crane Bank
David Njoroge
Kasese
Hima Cement Limited
Dr. Ian Clarke
Kampala
International Medical Group, IHK, International Health Sciences University, Insurance
Mazen Mrou�
Kampala
MTN Uganda[6]
Phillip Odera
Kampala
Stanbic Bank
William Pike
Kampala
Broadcasting, Real Estate

The Pastors


Name
Sources of wealth
Robert Kayanja
  Kampala
Miracle Centre Cathedral
Gary Skinner
  Kampala
Watoto Church
Imelda Namutebi
  Kampala
Liberty Worship Center
K. L. Dickson
  Fort Portal
World Evangelical Ministries, Schools

The Old Money Class


Name
Sources of wealth
Ben Okiror
  Soroti
Kakiase Enterprise Limited
Boney Katatumba
  Kampala
Real estate[7]
Cranmer Kaaya
  Luweero
Ranching
Ezekiel Balaba
  Kabale
Real estate, Logging
Gordon Wavamunno
$200 million
Munyonyo
Automobile dealerships, Broadcasting, Real estate, Insurance
Jaberi Bidandi Ssali
  Kampala
Real estate, Entertainment, Restaurants
James Mulwaana
  Kampala
Dairy farming, Manufacturing, Horticulture, Real estate, Plastics
John Kulubya
  Kampala
Real estate
The Ahmed Brothers
  Arua
Transportation, Real estate
The Hared Family
  Jinja
Petrol stations, Fuel depots, Fuel distribution
The Kasoma Family
  Luweero
Real estate, Coffee processing, International Trade
The Madhvani Family
$ 1.2 billion+
Kakira
Manufacturing, Electricity Generation, Agribusiness, Hotels & Resorts, Insurance, Construction
The Mehta Family
$650 million+
Lugazi
Manufacturing, Agribusiness, Insurance, Steel
House of Dawda Group
$560 million+
Kampala
Manufacturing, Real estate, Mining, Chemicals
Masaku
  Kampala
Transportation, Real Estate, Hostels
The Kimmula Family
$172 million+
Kampala
Manufacturing, Real estate, Mining, Chemicals
Rainer Kohler
  Kampala
Construction (Roko Construction Limited)
Rose Rohrer
  Kampala
Construction (Roko Construction Limited)

The Super Rich


Name
Sources of wealth
Aga Sekalaala
  Kasangati
Poultry farming
Amiral Karmali
$430million
Kampala
Mukwano Group, Agribusiness, Food processing, Manufacturing, Banking[8]
Amos Nzeyi
  Kampala
Real estate, Banking, Bottling, Bakery, Hotels
Aya Brothers
$150 million+[9]
Kampala
Hotels, Flour milling, Transportation, International Trade
Karim Hirji
$750million
Kampala
Imperial Hotels Group, Investments
Bob Kabonero
  Kampala
Casinos
Bulaimu Muwanga Kibirige
  Kampala
Hotel Africana, Real estate, Motorcycles, Construction Equipment, Foreign Exchange Bureaus
Charles Mbire
$350million
Kololo
Telecommunications, Banking, Pharmaceuticals, Fish farming, Investments, Power generation, Railways.
Godfrey Kirumira
  Kampala
Real estate, Hotels
Hassan Basajjabalaba
  Kampala
Universities, Schools, Real estate, Skins & Hides, Hotels
Isabirye Mugoya
  Kampala
Real estate, Construction
Joseph Zziwa Roy
  Kampala
Airlines, Real estate, Ranching, Ziwa Rhino Sanctuary
Doreen Mutabazi
  Kampala
Investments, Real estate, Banking
Martin Aliker
  Kampala
Investments
Masembe Sulieman
  Kampala
Engineering, Real Estate
Muhammed Alibhai
  Kampala
Bodyguards, Security guards, Investments
Mukesh Shukla
$100million
Kampala
Real estate, Hotels[10]
Patrick Bitature
$400 million
Kampala
Telecommunications, Electricity Generation, Banking, Insurance, Hotels, Resorts.
Sikander Lalani
$300 million
Kampala
Roofings Limited, Construction materials
Sudhir Ruparelia
US$1bn
Kampala
Ruparelia Group
(Story sourced from URA web)

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