OUR WEALTHIEST: Uganda Revenue Authority Unleashes a List of the 2012 Uganda Business Movers and Shakers, Believed to be the Country’s Richest who directs the Economy
THOSE ARE EM: Kagina
The per capita income in Uganda in 2012 was approximately US$490 annually. An estimated 25% of the 35,000,000 Ugandans live on less than US$1.00 per day. 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 list is divided into seven classes of wealthy individuals and, the names are arranged alphabetically in each class, using the first name to select rank. The classes include;
The New Money Class (Acquired their wealth within the last fifteen years), The Young Entrepreneurs (Less than fifty years old), The Executive Class (CEO's and Managing Directors of government departments and private firms), The Expatriates (Non-Ugandans; some in this class may have dual citizenship), The Pastors (Pastors of Pentecostal churches are sometimes wealthy), The Old Money Class (These individuals inherited their wealth that has run in their families for generations) and, The Super Rich (Many individuals in this class would be classified as wealthy, even in wealthy countries)
The New Money Class
Name |
Sources of wealth |
|
|
Real estate, Medical services, Pharmaceuticals, Medical supplies |
||
The Young Entrepreneurs
Name |
Sources of wealth |
|
The Executive Class
Name |
Sources of wealth |
|
The Expatriates
Name |
Sources of wealth |
|
|
International Medical Group, IHK, International Health Sciences University, Insurance |
||
The Pastors
Name |
Sources of wealth |
||
The Old Money Class
Name |
Sources of wealth |
||
|
Kakiase Enterprise Limited |
|||
|
$200 million |
Automobile dealerships, Broadcasting, Real estate, Insurance |
||
|
Dairy farming, Manufacturing, Horticulture, Real estate, Plastics |
|||
|
$ 1.2 billion+ |
Manufacturing, Electricity Generation, Agribusiness, Hotels & Resorts, Insurance, Construction |
||
|
$650 million+ |
|||
|
$560 million+ |
|||
|
$172 million+ |
|||
|
Construction (Roko Construction Limited) |
|||
|
Construction (Roko Construction Limited) |
The Super Rich
Name |
Sources of wealth |
||
|
$430million |
Mukwano Group, Agribusiness, Food processing, Manufacturing, Banking[8] |
||
|
$150 million+[9] |
|||
|
$750million |
|||
|
Hotel Africana, Real estate, Motorcycles, Construction Equipment, Foreign Exchange Bureaus |
|||
|
$350million |
Telecommunications, Banking, Pharmaceuticals, Fish farming, Investments, Power generation, Railways. |
||
|
$100million |
|||
|
$400 million |
Telecommunications, Electricity Generation, Banking, Insurance, Hotels, Resorts. |
||
|
$300 million |
|||
|
US$1bn |
(Story sourced from URA web)
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