FORBES Releases 2019 List of Top 10 Richest People in Uganda and Their Net Worth

Businessman Sudhir Ruparelia has again topped the list of Uganda’s 10 richest people in  latest rankings according to Forbes.
He is the director and majority shareholder in the Ruparelia Group of companies . His investments are mainly in the areas of education, broadcasting, banking, insurance, real estate, floriculture, hotels, and resorts.

Among other individuals in the list include Karim Hirji, Mohammed Hamid, Charles Mbiire, Gordon Wavamuno, Alykhan Kharmali, Sikander Lalani, Aaron M Mukooza, Mukesh Shukla and Patrick Bitature.

Below is the full list of the Richest People in Uganda 2019.

10. Patrick Bitature

Bitature is a wealthy personage who acquires the largest portion of his money through a giant telecom company, Simba Telcom, which he presides over.

As Simba Telcom Ltd is regarded as Uganda’s biggest seller/merchant of MTN airtime, Bitature’s wealth has surged perpetually and as the chairman of the giant telecom company, his current net worth hangs around $100 million.

9. Mukesh Shukla

Shukla is reported to have acquired $100 million as net worth mainly from his ownership of Shumuk Group of Companies a successful company concerned with cooking utensils.