Salaam, my dear friend! Come sit with me under the shade of this big mango tree, and let’s have a good chat. I want to share with you something special—about the richest people right here in Uganda, those who’ve built empires, lifted communities, and stirred our dreams. This isn't just numbers—it’s stories, it’s entrepreneurial spirit, it’s heart. Let’s meet the top 10 wealthiest people in Uganda, and you'll learn who they are, where they come from, and how they made those fortunes.

1. John Bosco Muwonge – Uganda’s Silence Billionaire

At the very top sits John Bosco Muwonge, a reclusive titan of real estate. Word on the street is that he’s worth around US $1.8 billion, owning nearly half of Kampala’s prime commercial buildings: Namanda, Cooper Complex, Discount Mall, Shamba Complex, Gwanda Mall, plus over 400 acres in Kisenyi.

Some sources say about $1.2 billion, but whether it's more or less, one thing's sure—his name echoes in the city’s skyline.

2. Sudhir Ruparelia – The Conglomerate King

Next to him stands the mighty Sudhir Ruparelia, known for building the Ruparelia Group—a conglomerate spanning banking, real estate, insurance, education, floriculture, hospitality, and media. He's widely estimated at US $1.2 billion, making him one of Uganda’s richest.

From humble beginnings with just $25,000, he returned to Uganda in 1985 and transformed that into a sweeping empire. His investments—think Speke Resort, Crane Bank, schools—are now woven into our national story.

3. Mohammed Hamid – The Young Transport and Hospitality Mogul

Let me introduce Mohammed Hamid, one of the younger faces on the billionaire scene. He chairs the Aya Group, with major interests in transportation, manufacturing, real estate, and built the Pearl of Africa Hotel. He is often valued around US $1 billion.

In 2024–25 lists, his name appears consistently in the top three rich folks.

4. Amos Nzeyi – The Industrialist with Sweet Reach

Then there's Amos Nzeyi, whose touch is felt where there's fizz—Pepsi fizz, that is! As the head of Crown Beverages Limited (Pepsi bottlers), plus ventures in banking, bakeries, and hospitality, his net worth also hovers around US $1 billion.

He stands as an influential industrialist, powering both our economy and our taste buds.

5. Hamis Kiggundu (Ham) – The Real Estate Visionary

A name many young people admire: Hamis Kiggundu, affectionately known as “Ham”. He’s climbed to billionaire status—some say $870 million up to $1 billion—through booming real estate projects like Ham Towers, Ham Shopping Mall, and grand palaces inspired by the White House.

Bold, visionary, and not a man to sleep on success.

6. Karim Hirji – Banking, Real Estate & That Racing Heart

Karim Hirji is a legend—starting from racing cars to building hotels. His Dembe Group includes Imperial Hotels, Cham Towers, auto dealerships, a radio station, and more. His net worth is estimated at around US $800 million.

An entrepreneur who went from the thrill of the racetrack to shaping Uganda’s luxury hospitality scene.

7. Alykhan Karmali – The Mukwano Industrialist

The Mukwano name carries weight—and Alykhan Karmali is at the center of it. With roots in manufacturing, real estate, banking, his group stands strong. His fortune is estimated between US $700–900 million.

A steady, industrious family legacy spanning decades.

8. Charles Mbire – Telecommunications & Financial Powerhouse

Charles Mbire commands respect with his investments in telecoms (MTN Uganda), finance, energy, and pharmaceuticals. About US $500–600 million is what experts peg his net worth at.

He also serves as chairman of the Uganda Securities Exchange, shaping capital markets across the country.

9. Sikander Lalani – Steel That Built the Nation

One of our unsung legends: Sikander Lalani, founder of Roofings Group, which manufactures roofing and construction materials across East Africa. His net worth ranges between US $300 million and maybe as high as $1 billion in some projections.

He left medicine to build a real industrial legacy—and little by little, he locked in his place among the wealthy.

10. Aaron Mukooza – Banking & Media, Quietly Rising

Rounding out our list is Aaron Mukooza, a private yet potent investor in media and banking, with an estimated net worth around US $200 million.

He might not appear in tabloids, but his investments speak on his behalf.

Summary Table of Uganda’s Richest (2025-ish)

Let’s Step Back and Talk Heart-to-Heart

My dear friend, look at these names—many are self-made, bold, destined. They built cities, industries, and jobs. From real estate to steel, from drinks to steel sheets; from transport to hotels. And each story carries a lesson—vision, hard work, diversification, humility.

I hope this little guide has touched something in your heart—maybe you see a spark for your own journey. Because let me tell you, in our land, big dreams are born under humble roofs, in small towns, and on quiet mornings.