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The per capita income in Uganda in 2009 is approximately US$453 annually.[1]. An estimated 30% of the 30,000,000 Ugandans live on less than US$1.00 per day. [2] 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 Madhvani Family,Mehta Family,Luwandaga Family,Aya brothers and Sudhir Ruparelia have managed to stand out most.

The list is divided into seven (7) classes of wealthy individuals:

  1. The New Money Class - Acquired their wealth within the last fifteen (15) years.
  2. The Young Entrepreneurs - Less than fifty (50) years old.
  3. The Executive Class - CEO's and Managing Directors of government departments and private firms.
  4. The Expatriates - Non-Ugandans (Some in this class may have dual citizenship).
  5. The Pastors - Pastors of Pentecostal churches are sometimes wealthy.
  6. The Old Money Class - These individuals inherited their wealth that has run in their families for generations.
  7. The Super Rich - Many individuals in this class would be classified as wealthy, even in wealthy countries.

The names are arranged alphabetically in each class, using the first name to select rank. The ranking does not correlate to net worth.

The New Money ClassEdit

#NameNet worth (USD)ResidenceSources of wealth
&0000000000000001.0000001Alooni Mwagalwa LuweeroSchool, Beer distribution
&0000000000000002.0000002Aggrey Tumukye MbararaReal estate, Hotels
&0000000000000003.0000003Acaali Kobusingye Fort PortalReal estate
&0000000000000004.0000004Ali Halari Kamru KampalaTransportation
&0000000000000005.0000005Amina Moghe Hersi KampalaReal Estate, Shopping Malls, Hotels, Hardware Stores[3]
&0000000000000006.0000006Andrew Kasagga (R.I.P) KampalaConstruction
&0000000000000007.0000007Tonny Rutakirwa KampalaTonniez Invesco Inc Awaken the financial genius in you
&0000000000000008.0000008magezi francis KampalaFinance
&0000000000000009.0000009Bernard Ogwang Ocwoo LiraHospitals, Construction, Food distribution
&0000000000000010.00000010Bosco Ogwang Edola Lira Hotels, Petrol stations, Timber
&0000000000000011.00000011Charles Muhangi MbararaTransportation
&0000000000000012.00000012Chris Kafule KampalaBeer distribution, Real estate
&0000000000000013.00000013Drake Lubega KampalaReal estate
&0000000000000014.00000014Elisha Kakyomya Fort PortalReal estate, Tea estates
&0000000000000015.00000015Emmanuel Amaza AdjumaniConstruction, Hotels
&0000000000000016.00000016Felix Orii AdjumaniBeer and soda distribution
&0000000000000017.00000017Fred Akampumuza KampalaReal Estate
&0000000000000018.00000018George Atyam KabaleReal estate, Beer distribution
&0000000000000019.00000019George Kahwa Fort PortalHotels, Night clubs
&0000000000000020.00000020George Kermudu Adubango NebbiConstruction, Real estate
&0000000000000021.00000021George Namachi BusiaReal estate
&0000000000000022.00000022Glueport Sande Fort Portal Real estate, Transportation
&0000000000000023.00000023Haruna Musiwa MbaleFinance, Real estate, Beer distribution
&0000000000000024.00000024Herman Kigoye MD MasakaReal estate, Medical services, Pharmaceuticals, Medical supplies
&0000000000000025.00000025Johnson Ocol LiraPetrol stations, Petroleum transportation, Real estate
&0000000000000026.00000026Joseph Behakanira Kampala Real estate, Hotels
&0000000000000027.00000027Josephine Kizza Masaka Farming
&0000000000000028.00000028Kakanyero Gulu Real estate, Hotels
&0000000000000029.00000029Kayonza KampalaReal estate, Transportation, Beer distribution
&0000000000000030.00000030Michael Awany LiraReal estate, Petrol stations
&0000000000000031.00000031Moses Kalungi KampalaReal estate
&0000000000000032.00000032Moses Kyatwoha BushenyiPetrol stations
&0000000000000033.00000033Olet Elyak LiraManufacturing, Construction, Transportation, Real estate
&0000000000000034.00000034Omar Mandela KampalaAutomobile parts, Real estate
&0000000000000035.00000035Patrick Lucky Fort PortalTransportation
&0000000000000036.00000036Phillip Mangeni Aremo Busia Real estate, Hotels, Beef distribution
&0000000000000037.00000037Sarah Kiyimba MasakaHotels
&0000000000000038.00000038Sebastian Munulo Iganga Hotels
&0000000000000039.00000039Stephen Mugasa Fort PortalReal estate, Newspaper distribution
&0000000000000040.00000040Steven Njubi IgangaReal estate, Schools
&0000000000000041.00000041Sulaiman Mafabi Lumolo Mbale Automobile dealership
&0000000000000042.00000042Timothy Jokkene GuluPetrol station
&0000000000000043.00000043Apollo Ntegamahe KabaleTransportation,
&0000000000000044.00000044Amina A Peace KampalaReal estate

The Young EntrepreneursEdit

#NameNet worth (USD)ResidenceSources of wealth
&0000000000000001.0000001Alan Shonubi 3+KololoLegal services, Real estate
&0000000000000002.0000002Andrew Rugasira 1.45KampalaEntertainment, Coffee processing
&0000000000000003.0000003Arthur Busingye2.4KampalaEntertainment, Real estate, Import/Export
&0000000000000004.0000004Charles Odere5+ KampalaLegal services, Hotels
&0000000000000005.0000005Charlie Lubega1.1KampalaEntertainment, Real estate
&0000000000000006.0000006Crescent Baguma 3.2Fort PortalConstruction
&0000000000000007.0000007Edwin Karugire2.4KampalaLegal Services
&0000000000000008.0000008Elvis Sekyanzi1+ KampalaEntertainment, Broadcasting, Night clubs
&0000000000000009.0000009Agaba Noel 0.89NakaseroEVENTS MANAGEMENT, Young Entrepreneurs Association Chairman
&0000000000000010.00000010Mutyaba E 1.03NakaseroEVENTS.
&0000000000000011.00000011Isaac Mulindwa2.2 KampalaEntertainment, Construction, Broadcasting
&0000000000000012.00000012Ivan Batuma4+ KabaleHotels, Real estate
&0000000000000013.00000013Halima Wakabhu2.1 Fort PortalSchools
&0000000000000014.00000014James Nyakuni1.3 AruaTransportation, Real estate
&0000000000000015.00000015Jitu Parma2 KampalaConstruction materials
&0000000000000016.00000016Kenneth Kizza1.1 KampalaTelecommunications
&0000000000000017.00000017Kiryowa Kiwanuka 0.9 KampalaLegal services
&0000000000000018.00000018Nina Karugaba1 KampalaInterior designing, Real estate
&0000000000000019.00000019Peter Maganda1.2 KabalePetrol stations, Real estate
&0000000000000020.00000020Peter Sematimba3 LubagaBroadcasting
&0000000000000021.00000021Robina Bwita1.03 Fort PortalHotels
&0000000000000022.00000022Sylvia Awori2+ KampalaFashion designs, Real Estate, Publishing
&0000000000000023.00000023Tonny Rutakirwa2.5 KampalaInvestments, Finance, Services, Real Estate
&0000000000000024.00000024Samuel Sejjaka3 KololoAccounting, Real Estate

The Executive ClassEdit

#NameNet worth (USD)ResidenceSources of wealth
&0000000000000001.0000001Allen Kagina3+KampalaUganda Revenue Authority
&0000000000000002.0000002Anatoli Kamugisha2+LubowaAkright Projects Limited, Real estate
&0000000000000003.0000003Baker Magunda3+KampalaUganda Breweries Limited
&0000000000000004.0000004Conrad Nkutu1+KampalaThe Monitor Newspaper
&0000000000000005.0000005Charles Hamya2+KampalaMultichoice Limited, Real estate
&0000000000000006.0000006Emmanuel Tumusiime-Mutebile 1+KampalaBank of Uganda
&0000000000000007.0000007Ivan Kyayonka2.3KampalaShell Oil
&0000000000000008.0000008Maggie Kigozi3.2 KampalaUganda Investment Authority
&0000000000000009.0000009Mariam Luyobo4+ KampalaTaibah Schools
&0000000000000010.00000010Martin Bandebire5+ KampalaNSSF
&0000000000000011.00000011Martin Drito2+KampalaDrito Global Corp, Mining, Logging
&0000000000000012.00000012Richard Byarugaba2+KampalaGlobal Trust Bank
&0000000000000013.00000013Tom Mugenga4+KampalaTransportation, Clearing/Forwarding
&0000000000000014.00000014William Kalema 2.5KampalaConsulting, Investments
&0000000000000015.00000015William Muhairwe 1.89KampalaNational Water and Sewerage Corporation
&0000000000000016.00000016Eliezah Titus4+Kampala, EntebbeEliezah foundation, Imports and exports, Real Estate, International Schools, Government

The ExpatriatesEdit

#NameNet worth (USD)ResidenceSources of wealth
&0000000000000001.0000001A. R. KalanKampalaCrane Bank
&0000000000000003.0000003David Njoroge KaseseHima Cement Limited
&0000000000000003.0000003Dr. Ian Clarke KampalaInternational Medical Group
&0000000000000004.0000004Themba Khumalo KampalaMTN Uganda
&0000000000000005.0000005Hanns BesigyeKampalaOWEN Engineering Limited, Cars
&0000000000000006.0000006Phillip OderaKampalaStanbic Bank
&0000000000000007.0000007William PikeKampalaBroadcasting, Real Estate

The PastorsEdit

#NameNet worth (USD)ResidenceSources of wealth
&0000000000000001.0000001Cyprian BamwozeKamuliChurch of Uganda
&0000000000000002.0000002Gary SkinnerKampalaWatoto Church
&0000000000000003.0000003Imelda Namutebi KampalaLiberty Worship Center
&0000000000000004.0000004K. L. Dickson Fort PortalWorld Evangelical Ministries, Schools
&0000000000000005.0000005Robert KayanjaKampalaMiracle Centre Cathedral

The Old Money ClassEdit

#NameNet worth (USD)ResidenceSources of wealth
&0000000000000001.0000001Ben Okiror SorotiKakiase Enterprise Limited
&0000000000000002.0000002Bonny KatatumbaKampalaAirlines, Real estate[4]
&0000000000000003.0000003Cranmer Kaaya LuweeroRanching
&0000000000000004.0000004Ezekiel BalabaKabaleReal estate, Logging
&0000000000000005.0000005Gordon WavamunnoMunyonyoAutomobile dealerships, Broadcasting, Real estate, Insurance
&0000000000000006.0000006Jaberi Bidandi Ssali80 million+ KampalaReal estate, Entertainment, Restaurants
&0000000000000007.0000007James MulwaanaKampalaDairy farming, Manufacturing, Horticulture, Real estate, Plastics
&0000000000000008.0000008John BatumaKabaleDairy farming, Investments
&0000000000000009.0000009John KulubyaKampalaReal estate
&0000000000000010.00000010John Ssebaana KizitoKampalaReal estate, Insurance
&0000000000000011.00000011Alykhan KharmaliKampalaMukwano Group
&0000000000000012.00000012The Ahmed BrothersAruaTransportation, Real estate
&0000000000000013.00000013The Hared FamilyJinjaPetrol stations
&0000000000000014.00000014The Kasoma FamilyLuweeroReal estate, Coffee processing, International Trade
&0000000000000015.00000015The Madhvani Family200 million+KakiraManufacturing, Electricity Generation, Agribusiness, Hotels & Resorts, Insurance, Construction
&0000000000000016.00000016The Mehta Family350 million+LugaziManufacturing, Agribusiness, Insurance, Steel
&0000000000000017.00000017The Muliira FamilyKampalaReal estate
&0000000000000018.00000018Patrick Okumu RingaNebbiAutomobile dealerships, Real estate
&0000000000000019.00000019Rainer KohlerKampalaConstruction (Roko Construction Limited)
&0000000000000020.00000020Rose RohrerKampalaConstruction (Roko Construction Limited)

The Super RichEdit

See alsoEdit

ReferencesEdit

External linksEdit

#NameNet worth (USD)ResidenceSources of wealth
&0000000000000001.0000001Aga Sekalaala5.2KasangatiPoultry farming
&0000000000000002.0000002Amos Nzeyi7+KampalaReal estate, Banking, Bottling, Bakery, Hotels
&0000000000000003.0000003Aya Brothers100 million+KampalaHotels, Flour milling, Transportation, International Trade
&0000000000000004.0000004karim hirji34.2Kampalaimperial hotels group, Investments
&0000000000000005.0000005Bob Kabonero|13.67KampalaCasinos
&0000000000000006.0000006Bulaimu Muwanga Kibirige9.4KampalaHotel Africana, Real estate, Motorcycles, Construction Equipment, Foreign Exchange Bureaus
&0000000000000007.0000007Charles Mbire65 million+KololoTelecommunications, Banking, Pharmaceuticals, Fish farming, Investments, Power generation, Railways.
&0000000000000008.0000008Elly Karuhanga28.4KampalaLegal services, Investments
&0000000000000009.0000009Godfrey Kirumira800+KampalaReal estate, Hotels
&0000000000000010.00000010Hassan Basajjabalaba800 million +KampalaUniversities, Schools, Real estate, Skins & Hides, Hotels
&0000000000000011.00000011Isabirye Mugoya43KampalaReal estate, Construction
&0000000000000012.00000012Joseph Zziwa Roy13KampalaAirlines, Real estate, Ranching, Ziwa Rhino Sanctuary
&0000000000000013.00000013Kibukamusoke R78 million +Kampalainvestments, Real estate
&0000000000000014.00000014Martin Aliker45KampalaInvestments
&0000000000000015.00000015Mohan Kiwanuka32KampalaSchool supplies, Printing, Real Estate
&0000000000000016.00000016Muhammed Alibhai29KampalaBodyguards, Security guards, Investments
&0000000000000017.00000017Mukesh Shukla 15KampalaReal estate, Hotels[5]
&0000000000000018.00000018Patrick Bitature900+KampalaTelecommunications, Hotels, Banking, Insurance, Resorts.
&0000000000000019.00000019Sikander Lalani21KampalaRoofing materials (Roofings Uganda Limited)
&0000000000000020.00000020Luwandaga Family140 million +KampalaLand, Construction, Real estate
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