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
The Expatriates
The Pastors
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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