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List of Ugandans by net worth

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Adapted from the English Wikipedia article List of Ugandans by net worth, available under CC BY-SA 4.0Updated 11 August 2025

The average income per person in Uganda around 1999 was near US$650 each year. By 2013, roughly 19.5 percent of Uganda’s population, which numbered approximately 35 million, subsisted on less than US$1 daily.

Presented below is a compilation of notable Ugandan individuals known for their considerable accumulated assets. This enumeration is not comprehensive, and exact net worth valuations are challenging to confirm.

Name Net Worth (USD) Residence Source of Wealth
Alykhan Karmali $700 million (2012) Kampala Mukwano Group: agriculture, food processing, manufacturing, banking, property development
Amos Nzeyi $1 billion (2025) Kampala Property investment, banking, beverage bottling, bakery operations, hospitality
Anatoli Kamugisha $77 million (2023) Mbarara City Property development
Bob Kabonero $250 million (2019) Kampala Investments, casino operations, real estate
Charles Mbire $600 million (2021) Kololo Telecoms, banking, pharmaceuticals, aquaculture, investments, energy production
Drake Lubega $1 billion (2025) Kololo Property development
Elvis Sekyanzi $8 million (2012) Kampala Entertainment industry, media broadcasting, nightclubs, bottled mineral water
Godfrey Kirumira $350 million (2024) Muyenga Real estate, hotel management, education institutions, transport services, international commerce, security solutions
Gordon Wavamunno Over $100 million (2012) Munyonyo Car dealerships, broadcasting media, real estate, insurance services, dairy farming, mineral water production
Hamis Kiggundu $1.2 billion (2024) Kampala Ham Group: property development, hospitality sector, international trade, agro-processing industries, logistics services
Ian Clarke $15 million (2014) Makindye Healthcare sector: university education, hospitals, health insurance; real estate; hotel operations
James Mulwana Family $30 million (2013) Kampala Dairy farming, plastics manufacturing, horticulture ventures, real estate holdings
Karim Hirji Above $700 million (2015) Kampala Dembe Group enterprises
Madhvani Family 'Approximately $1 billion' 'Kakira' 'Operations under Madhvani Group conglomerate'
'Miraj Barot' '$15 million' (2012) 'Kampala' 'Real estate development, construction projects, agribusiness ventures, steel industry'
'Mukesh Shukla' 'More than $100 million' (2012) 'Kampala' 'Shumuk Group: property development, aluminum recycling business, hotel management'
'Nixon Kitimoi' '$100 million' (2024) 'Kampala' 'Investment portfolio'
'Omar Ahmed Mandela' '$550 million' (2024) 'Kampala' 'Mandela Group enterprises'
'Patrick Bitature' '$100 million' (2021) 'Kampala' 'Telecommunications services, power generation, banking sector, insurance industry, hotels and resorts management, ranching activities, real estate investments'
'Ponsiano Ngabirano' '$20 million' (2012) 'Kampala' 'Capital Shoppers supermarket chain ownership'
'Sudhir Ruparelia' '$1.6 billion' (2025) 'Kampala' 'Ruparelia Group conglomerate management'
'SK Mbuga' '$300 million' (2025) 'Buziga' 'Security firms, property development projects, hospitality businesses, logistics operations, international trading activities, mining sector involvement'

See Also

External links