The 15 Richest Families In Uganda 2023...

[Music] Uganda is one of the world's most ethnically diverse countries with many interesting people of different classes it is an African country bordered to the east by Kenya to the north by South Sudan to the west by the Democratic Republic of Congo and Tanzania to the South Uganda has witnessed growth in several domains over the years one of these domains is family wealth in this video we shall present to you the 15 richest families in Uganda from an analysis given by Forbes before we kick off please hit the like button and then subscribe to our channel to join the new tourist Community let's start 15. the Kiwanuka family 20 million US Dollars the family of Mohan Kiwanuka a prominent businessman in Uganda is one of the richest in the country with a net worth of over 20 million US Dollars molan q1 Yukon is the founder and chairman of several conglomerates in Uganda spread in several sectors including media Horticulture property development Plastics papers and many others he has over 30 years of experience in senior positions in these sectors the most popular business moan Kiwanuka owns is Oscar Industries limited which delivers several services to customers in and out of the country he is married to Marion Kiwanuka who is also a very popular Ugandan Economist businesswoman and politician who served as Minister of Finance in Uganda from 2011 to 2015. she has also been a senior advisor to the president of Uganda on financial matters and responsible for Bretton Woods's institutions 14. the senseico colubia family 30 million US Dollars the Columbia family was headed by the late John senseko colubia who was a renowned wealthy engineer businessman and politician he died on August 2019 and his properties are now managed by his family John senseko colubio was reported to have a net worth of about 30 million US Dollars called from several businesses like real estate and investments in buildings in Prime areas of the capital city of Kampala the late business magnet was trained as an engineer in the United Kingdom and served in the Uganda Transport company while tackling other businesses next 13. the rugasaira family 50 million US dollars by Andrew rugasira this family has a net worth of 50 million US Dollars gotten from coffee investments in 2003 Andrew rugasira founded good African coffee the first african-owned coffee brand to be stocked in the United Kingdom supermarkets and also in United States retail shops from this business rugasara and his family have yielded great fortunes and today they are listed among the richest in Uganda he has won several Awards including the legitim Pioneers for Prosperity award and in 2010 was nominated for a financial times Arsenal or middle boldness in business award Andrew rugasirek got married to Alice saipomana on December 2020 they are parents to five children and residents in the capital city of Kampala 12. the cabanero family 95 million US dollars Bob cabanero is an entrepreneur and businessman in Uganda engaged in Investments casinos and real estate his net worth today is 95 million US dollars he also owns a logistics company an import Goods business and the europar franchise in Uganda cabanero is the chairman of Park Hospitality limited and also the owner of the proposed campola Radisson blue hotel which is being developed in partnership with the Carlson residor Hotel Group let us know if you like this video by hitting the like icon now let's continue 11. the maddovani family 100 million US dollars the mandavani family is known for their mad divining group of companies which is a family business the total net worth of this group is estimated at 100 million US dollars he was the head of this family and founder of this business group in 1912. he was an entrepreneur industrialist and philanthropist who put in much effort for the success of his family this group of companies is now managed by his children the key sources of this family's wealth are manufacturing and tourism perhaps you may want to know the kinds of goods they produce they include sugar biomass energy matches ethanol packaging Insurance construction tea and communication amongst others the madhavani family business in Uganda has more than a thousand employees drawn from different specialties next 10. the chocolate family 105 million US Dollars the net worth of this family is 105 million US Dollars gotten from the schumach group of companies which embodies real estate aluminum recycling and hotels mukish who is a business tycoon entrepreneur and politician in Uganda initiated these ideas some of the individual companies in this group include multiple warehouses in Kampala and other Ugandan towns a milk processing plant commercial buildings a money lending business and a company that Imports and sells pre-owned automobiles 9. the pitachary family 110 million US dollars Patrick petachery is the head of this very wealthy and renowned family in Uganda he has a net worth of over 110 million dollars Patrick betaturing is a businessman entrepreneur and author he is the founder and CEO of the Simba group of companies which is primarily based in East Africa the Simba group started in 1998 with the flagship Telecom business but has now grown to a conglomerate of many works such as power generation Agro business mining tourism and media by 2012 endings the group employed more than 600 direct staff and 1500 indirect staff eight the wavamano family 110 million US Dollars the guava mono family is headed by Gordon babala Casa bantaya guava Muno here is what you should know about them he is a Ugandan business entrepreneur and philanthropist whose High net worth of over 110 million dollars has made his feature as one of the richest in Uganda for several years now he owns the Uganda spear Motors business and is also the sole distributor of Mercedes-Benz in Uganda he was the owner and director of the wava Broadcasting Service television which ceased to operate as a public broadcaster after it was put under receivership and tax issues he equally is a once celebrated Consul of Uganda to Hungary 7. the makuza family 200 million US dollars Aaron mukuza is a media Guru and businessman who is also involved in the banking sector offering a variety of unique services to the people of Uganda and why not Beyond this young millionaire is quite reclusive and we do not have much information about his past and how his family got to be on the list of the top richest in Uganda however his wealth is estimated at 200 million dollars 6. the lalanny family 300 million US dollars sikander Lalani is a renowned businessman who is also the director of the roofings group entrepreneur industrialist and former histopathologist in Ganda with a net worth of over 300 million US Dollars his family is one of the wealthiest in the country after studying in several prestigious universities on other continents sikander Lalani returned home and settled to build up a very great profile over the last two decades Lalani has constructed a steel manufacturing conglomerate in Uganda consisting of three separate factories as earlier mentioned his businesses are organized into the roofings group sikander Lalani is married to Winnie abadale Lalani and is the father of eight children now let's look at the top five on the list 5. the berry family 350 million US dollars Charles B Ray is a celebrated businessman and industrialist he has a net worth of over 350 million US Dollars and this has brought him and his family to the Lamplight Charles B Ray has actively participated in many businesses including multinational corporations some of them include eskom Uganda limited Invesco Uganda afro-alpine Pharmacy limited menu Ganda limited polenta Holdings and others all of these account for his wealth and fame in Uganda 4. the Hammond family 400 million US Dollars the family of Muhammad Hamid is one of uganda's richest they have a net worth of over 400 million US dollars Muhammad Hamid is a business magnet and investor in Uganda born in 1976 he is the owner and chairman of the executive board for the Ada group according to Forbes in 2015 he was the second richest African under 40 after Tanzanian billionaire muhammaduji his Ada group is an industrial conglomerate in Uganda dealing with Transportation Investments and food processing this group has more than 5 000 employees three the karmalee family 700 million US dollars if you have ever been to Uganda then you may have heard about the mukwano group it is owned by Alec and carmeli who is one of the richest people in Uganda he and his family have a net worth of 700 million US dollars unlike in carmalee is a businessman entrepreneur industrialist and philanthropist in Uganda he is also the managing director of the mukwano group of companies that consists of the agricultural industry manufacturing transportation and food plants since its Creation in 1986 carmeli's business group has always supplied ugandans with edible oil margarine Plastics houses Office Buildings and equipment two the Henry family 850 million US Dollars the family of Kareem Hydra is the next richest family in Uganda based in Kampala with a net worth of 850 million US Dollars his family occupies the second position and here is what you should know about Kareem Hydra he is a Ugandan businessman Hotel owner and entrepreneur he was born on November 1950 and started being active in the late 60s his first company which was known as dembe Enterprise has now become the dembe group of companies that includes a radio station an automobile dealership a finance and insurance business an amusement park and the Imperial hotels group Kareem Hydra is also the owner of the former Uganda Commercial Bank Towers which he baptized as the champ Towers now let us see which family is the wealthiest in Uganda 1. the ruparelia family 1.2 billion US Dollars the family of renowned Ugandan business magnate saw the ruparelia is the richest in Uganda he has a net worth of 1.2 billion US Dollars called from his business operations in the ruparilia group of companies where he owns the majority of the shares so their ruparelia has greatly invested in the banking and insurance sectors as well as education broadcasting real estate floor culture hotels and resorts he has also worked with several Diplomatic Corps like the Consulate of the Republic of Nepal to Uganda and others most of the richest families in Uganda are based in the country's capital which is a hub of many lucrative businesses it is also worth noting that Uganda has been reducing poverty at an impressive speed and has produced many notable names which represent the wealthiest figures of the country now which is one of the richest countries in East Africa they come from a variety of Industries but most of them had their Base by bringing Novelties to the country the country also boasts a thriving economy that permits it to compete with other African countries what do you think of these richest Ugandan families do not forget to help us grow by liking and sharing and subscribing to our Channel thanks for watching and see you in our next video

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Keywords: Africa, uganda, The 15 richest families in Uganda, richest families in uganda, uganda's rich elites, how billionaires live in uganda, uganda rich neighborhoods, african, the new tourist, who are the richest people in uganda, homes of the richest families in uganda, richest families, investments of the richest families in uganda, royalties in uganda, best businesses to invest in uganda, Uganda, UG

Id: rqlXJhCWGvg

Length: 13min 12sec (792 seconds)

Published: Wed Nov 02 2022