List Of Ugandans By Net Worth
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List Of Ugandans By Net Worth
The per capita income in Uganda in 1999 was approximately US$650 annually. In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. 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 names are arranged alphabetically, using the first name to select rank. See also * List of conglomerates in Uganda * Economy of Uganda References External links Uganda's Deepest Pockets In 2012
As at 9 April 2007. {{DEFAULTSORT:Wealthiest People In Uganda Lists of people by wealth, Uganda Lists of Ugandan people Economy of Uganda-related lists ...
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Uganda
}), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical .... The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile, Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the Capital city, capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, includi ...
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Akright Projects Limited
Akright Projects Limited (APL) is a privately owned real estate development company in Uganda. It is a leading property development company in the country. APL is the largest indigenous property development company in Uganda. History In 1990, Anatoli Kamugisha founded his first company Kanoblic Group Limited, a real estate construction business. He borrowed money from friends to register his business. He won construction contracts from several reputable firms, including Sugar Corporation of Uganda Limited and the Norwegian Forestry Society. In 1999, he closed down Kanoblic and started Akright Projects Limited, a company that plans, designs, and constructs organized residential communities (satellite cities) in or near urban centers in Uganda, as an alternative to the mushrooming slum problem in Uganda's cities and towns. The shares of stock of Akright are owned by Kamugisha and members of his family. The majority of senior managers in the company are also family members. Kakungu ...
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Godfrey Kirumira
Background Godfrey Kirumira Kalule is the Honorary Consul of Namibia to Uganda, businessman, real estate developer, and philanthropist. He was born on the 9th of October, 1962 to the Late Zawedde Joyce Nakimbugwe (Princess) and the Late Muhammad Kirumira (Mr.) He attended Aggrey Memorial Primary and Secondary School before venturing into business starting with the importation of Hankook Tires from Korea and bicycles. He owns a diverse business portfolio encompassinreal estate education, petroleum (downstream), and Transportation. His currently estimated to have a net worth of $350 million dollars across his investment portfolio. According to a 2012 published report, he is one of the wealthiest people in Uganda. Business Portfolio Godfrey Kirumira started his journey into business aged seventeen importing bicycles for transportation and Hankook Tires from Korea. He currently has a diverse business portfolio encompassing real estate, petroleum (downstream), telecommunications ...
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Elvis Sekyanzi
Elvis Sekyanzi, also known as Elvis Sekyanzi Wavamunno, is a businessman, entrepreneur and qualified sound engineer in Uganda. He was reported in 2012 to be one of the wealthiest people in that country. Background and education He was born in Uganda . His father is Ugandan millionaire and entrepreneur Gordon Wavamunno. Sekyanzi studied sound engineering at the London School of Electronics. Businesses and investments Sekyanzi owns a number of entertainment-related businesses. He is also a director and manager in some of his father's companies, including WBS Television, Wavah Water, and Radio Simba. The businesses that he owns include Club Silk, a night club in the Bugoloobi suburb of Kampala, and Silk Events, an entertainment management company with branches in Uganda and neighboring Rwanda. He is reported to also own a Club Silk in London, United Kingdom. Net worth According to the '' New Vision'' newspaper, Sekyanzi had a net worth of about 8 million in 2012. See also * List ...
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Drake Lubega
Francis Drake Lubega, commonly known as Drake Lubega, is a Ugandan businessman. According to a 2012 report, he was one of the wealthiest people in Uganda. Businesses and investments His investment vehicle is called Jesco Industries Limited (JIL). Drake is the majority shareholder. The company was incorporated on 7 October 2005. JIL owns and controls buildings and parcels of land in Uganda's capital city of Kampala and in areas outside that city. Personal life Drake's first wife by traditional marriage is Nalongo Grace Nakitto; together they are the parents of seven children. Since separating from Nakitto, Drake dated Benita from 1997 and married her in 2000. Drake and Benita Lubega's wedding was on 23 December 2000 at Namirembe Cathedral Saint Paul's Cathedral Namirembe, commonly referred to as Namirembe Cathedral, is the oldest cathedral in Uganda. It serves as the provincial cathedral of the Anglican Church of Uganda and the diocesan cathedral for Namirembe Diocese, the firs ...
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Pharmaceuticals
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management. Drugs are classified in multiple ways. One of the key divisions is by level of control, which distinguishes prescription drugs (those that a pharmacist dispenses only on the order of a physician, physician assistant, or qualified nurse) from over-the-counter drugs (those that consumers can order for themselves). Another key distinction is between traditional small molecule drugs, usually derived from chemical synthesis, and biopharmaceuticals, which include recombinant proteins, vaccines, blood products used therapeutically (such as IVIG), gene therapy, monoclonal antibodies and cell therapy (for instance, stem cell therapies). ...
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Kololo
Kololo is a hill in Kampala, the largest city and capital of Uganda. The name also applies to the upscale residential and commercial neighbourhood that sits on that hill. Location Kololo is close to the centre of Kampala, bordered by Naguru, Uganda, Naguru to the east, Bukoto to the north, Mulago to the north-west, Makerere to the west, Nakasero to the south-west, and Kibuli to the south. Kololo is in the Kampala Central Division. The coordinates of Kololo are 0°19'46.0"N, 32°35'41.0"E (Latitude:0.329445; Longitude:32.594725). Kololo Hill rises to a maximum height of above sea level. Overview Kololo gets its name from the 19th century Acholi people, Acholi Chief Awich, from Northern Uganda. He, along with Kabalega of Bunyoro resisted British rule. Awich was arrested and brought to Kampala and incarcerated on top of Kololo Hill. He is alleged to have cried out in Luo languages, Luo, “An atye kany kololo”, which means “I am here alone.” Awich was lamenting over the fac ...
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Charles Mbire
Charles Magezi Mbire is a businessman, entrepreneur, and industrialist in Uganda. He was reported to be the wealthiest indigenous Ugandan, with an estimated net worth exceeding US$200 million as of January 2012. Background Mbire was born Charles Magezi in 1959 to Ponsiano Mbire and Thereza Mbire in Mparo, Rukiga District, southwestern Uganda. He is the third-born in the family with three sisters, two of them older than him, and two younger brothers. He attended Kabale Primary School and Kitante Primary School for his elementary education. He studied at St. Mary's College Kisubi for his O-Level education. He then attended Namasagali College for his A-Level studies. He studied business and economics and graduated with the honors degree of Bachelor of Science, from Essex University in England. He went on to obtain a Master of Business Administration from Leicester University, also in the United Kingdom. His investments are in telecommunications, finance, energy, real estate, pha ...
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Makerere University
Makerere University, Kampala (; Mak) is Uganda's largest and oldest institution of higher learning, first established as a technical school in 1922. It became an independent national university in 1970. Today, Makerere University is composed of nine colleges and one school offering programmes for about 36,000 undergraduates and 4,000 postgraduates. The main administrative block was gutted by fire in September 2020 and the cause of the fire is yet to be established. '' U.S. News & World Report'' has ranked Makerere University as the eighth best university in Africa and the 569th best university worldwide. In the 2020 U.S. News & World Report ranking, Makerere is the highest-ranked university in sub-Saharan Africa outside of South Africa. The ''Times Higher Education World University Rankings'' for 2016 ranked it as the fourth best university in Africa. Makerere University is the alma mater of many post-independence African leaders, including Ugandan president Milton Obote and Tanz ...
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Charles Hamya
Charles Hamya (born 1973) is a Ugandan businessman. He was the Managing Director of MultiChoice Uganda Limited, a digital communications network provider, until his resignation in January 2019. He is reported to be one of the country's wealthiest individuals. He also served as a member of the board of directors of Uganda Airlines from May 2019 to 2022 when the board was suspended amid reports of underperformance, abuse of office and financial mismanagement. He resigned from Uganda Airlines board in January 2022 after being cleared of any wrongdoing by the shareholders. Background and education He was born in Uganda in 1973. He attended the oldest school in Uganda, Mengo Senior School, established in 1895. Career He started out as the Chief Accountant at MultiChoice Uganda Limited, during the early 2000s. He rose to the rank of General Manager and later assumed the position of Managing Director and CEO. In 2015, his monthly salary, excluding allowances, was reported at over USh50 ...
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Foreign Exchange Market
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: USD 1 is worth X CAD, or CHF, or JPY, etc. The foreign exchange market works thro ...
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Bulaimu Muwanga Kibirige
Bulaimu Muwanga Kibirige, (2 October 1953 – 10 September 2021), commonly known as BMK, was a Ugandan businessman, entrepreneur, and hotel owner. According to a 2012 published report, he was one of the wealthiest people in Uganda. Background In 1997, BMK started with the 40-room motel ''Hotel Africana'', on Kololo Hill, which is within Kampala's central business district. During the next decade, the hotel grew into a four star establishment. Business interests BMK was the chairman and managing director of the BMK Group of companies, whose member businesses include: 1. Hotel Africana Kampala, 2-4 Wampewo Avenue, Kololo Hill, Kampala, Uganda 2. Hotel Africana Moroto, Moroto City, Uganda 3. Hotel Africana Lusaka, Lusaka, Zambia 4. BMK Motorcycles (U) Limited, Nateete, Kampala, Uganda 5. BMK Motorcycles (K) Limited, Nairobi, Kenya 6. BMK Motorcycles (T) Limited, Dar es Salaam, Tanzania 7. BMK Motorcycles (R) Limited, Kigali, Rwanda 8. BMK Motorcycles (Z) Limited, Lusaka, ...
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