He was raised in a small community of Kalunga, Uganda, in Eas. It is also worth noting that we produce between 2000-3000 cables per day," he said. He is building warehouses for agro produce sales and rents them out. Christine Nabukeera is known among the rich circles as Senga Nabukeera. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. [7][non-primary source needed], Kiggundu was born in 1984 in the Kalungu Masaka District in the Central Region of Uganda. He also added several new stands and a modern scoreboard. Sudhir Ruparelia, Ugandas richest man with a $1.1 billion net worth in 2012, is the chairman and founder of The Ruparelia Group, Despite his remarkable career as one of the greatest rappers of all time, Jay-Z amassed his $2.5 billion fortune from his diverse investments. Kiggundus story is one of hard work, determination and sheer ambition. Success and Failure Based on Reason and Reality, "Ham Kiggundu: "I have made money genuinely", "Ham Kiggundu; Uganda's youngest self made billionaire attributes his wealth to loans well-used", "Tycoon Ham drags DTB to court over sh100b", "Ham hosts Muslims ahead of Eid feast Sqoop Get Uganda entertainment news, celebrity gossip, videos and photos", "Big Hearted: Tycoon Hamis Donates over Shs100m To Ministry of Health in the fight Against Corona virus", "OKUTUMBULA EBYOBULIMI: Ham Kiggundu ayanjudde enteekateeka", "Ham Enterprises Limited: Hamis Kiggundu", "Siblings who own a piece of Kampala City", "Hamis Kiggundu: Biography, Family, Wife and Net Worth", "Meet Hamis Kiggundu, the 37-year-old entrepreneur who built a property empire in Uganda", "Islam Is Peaceful, Beautiful, Pure and Absolute. I prefer to focus on the present and the future because challenges and mistakes are only a stepping stone forward as they give me the ability never to make the same mistakes again. I imported clothes and commodities from China, Thailand, Hong Kong, and Dubai, and distributed them wholesale both in Uganda and in neighboring countries, like Kenya, Tanzania, Burundi, Congo and Sudan. [28], In July 2021, Kiggundu donated to the Uganda Government a total of USh530million to help in the purchase COVID-19 vaccine doses for Ugandans and additionally called upon other able Ugandans and corporate entities to join him in saving lives as a way of giving back to the Ugandan Community. April 26, 2020 0 682 Less than a minute Hamis Kiggundu aka Ham's residence is not in danger despite raising Lake Victoria water levels. In 1.5 years, I made progress and managed to erect my next property Ham Shopping Mall. He has invested in multiple industries, and is currently expanding his businesses footprint across the continent. It was during my middle-school holidays in 2005 that my parents gave me some capital to start a business. Kiggundus book was nominated the best book of the year at an event arranged by the Book Forum of Uganda in Kampala. But according to Kiggundu, his accusers are thieves who are using the Kabaka name to steal from ordinary men and women. [6] Kalungu village is part of Masaka, which used to be a bigger town, but its now a city. But it is to Hams credit that he parlayed that small financial gift from his father into a multimillion-dollar conglomerate that directly and indirectly employs more than 5,000 people in the country today. Under his leadership, the company has grown exponentially over the past few years, firmly establishing itself as a major player in the business and real estate space. Hamis Kiggundu is a true success story, having risen from humble beginnings to become one of the wealthiest individuals in Uganda and the world. [25], In October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totalling to USh34.29billion and US$23.4million,[26][27] with an additional 8% interest for legal costs. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. This matches with my philosophy of applying reason in any prevailing circumstances. By profession, I am a lawyer, but today Im more of a businessman than a lawyer. The Forbes list of the wealthiest Ugandans includes Ham in addition to Sudhir Ruparelia, with an estimated net worth of $870 million as of August 2022. Kiggudu attended Masaka primary school and spent most of his school holidays helping his father, a . Hamis Kiggundu $870 Million At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. In 1984, Hamis Kiggundu was born in the Lukerere hamlet of Masaka District, which is now Kalungu District, in Uganda's Central Region. Once one is blessed with success its only reasonable that they start their struggle towards collective society development rather than individual-centered prosperity because success amidst a poor society only stands as a liability rather than an asset. Copyright 2023 Daily Express Uganda. The other properties include a Logistics Company trading as Ham International Express Logistics LLC based in Euless, Texas having various trucks distributing logistics across America. Unlike billionaires such as Sudhir Ruparelia who spends a lot on social causes in his charity and corporate social responsibility activities, Mr. Muwonge collects a lot of money from his many commercial buildings in Kampalas central business district and focuses on building. At the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. Kiggundu began construction on the Nakivubo Stadium with a team of local workers and the help of a few international firms. He is the chairman and principal stakeholder of the Ruparelia Group's firms. They can also contact 0724 871079 . $113.476 billion (PPP, 2020 est.) You recently donated money to the Ugandan government to purchase 150,000 doses of COVID-19 vaccines in an effort to combat COVID-19 in Uganda. Mr John owns several properties in Kampala, including Freedom City Mall, which cost him US $1 million, Capital House, Naiga Chambers, and several other prominent properties. Besides, it is worth noting that other business tycoons and entrepreneurs are also working tirelessly to take their businesses to greater heights and make more wealth. With the combined rental income from these two properties, Kiggundu was able to secure more financing from banks for other projects. This gave me the opportunity to test the entrepreneurial waters. His faith and values bring a peaceful presence to his life, and set him up for a lofty end. On its grand opening, the Nakivubo Stadium was filled with the shouts of excited fans. I went to primary school in Masaka and, as a child, I would help my father who was a textile trader in his shop during our school holidays. Top Best 10 Richest Musicians in Uganda. Today, Haruna owns Nakayiza market with 12 blocks, Haruna Towers in Kisenyi, NM apartments, Old Africana agro market, Segawa market which has two blocks, he has new coming up in Kisenyi, four acres of undeveloped land in the same area, Haruna shopping mall, Haruna towers Ntinda, trading under his Haruna enterprises. [48][49] [50][51][51], The pilot project of the Ham Integrated Agro-Processing Industries in the Central region of Uganda which also the Headquarters the entire 10 projects located in Akright City, the Entebbe Express road based industrial complex. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. Ham Palm Villas, Kiham Enterprises, Kiggs International Ltd and Ham Cinemas are also divisions of the conglomerate, offering a range of professional services in their respective industries. News on our desk shows that the tycoon who was born in a family of 6 and . As I accumulated more capital, I upgraded to real estate, mainly buying and selling land and properties at a profit before I incorporated Ham Enterprises (U) Ltd. and progressed to constructing and owning my commercial properties. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Mr. Karmali is a philanthropist, businessman, industrialist, and entrepreneur. The last two years have disrupted many things including the wealth of the rich class. As my trading business thrived, I opted to venture into a more sophisticated business and real estate was a natural fit for me. [23] [24], Kiggundu established a charity and philanthropic arm of his group of companies through which he works together with the government and several well-wishers to create a positive and transformative change in the lives of people and communities where he operates performing a series of charitable causes; Greater Masaka Clerics, In March 2020, Kiggundu through his Ham Foundation gifted over 200 bicycles, Qurans, and prayer mats to Muslim clerics in the Greater Masaka Region of Uganda. 13 Is Uganda poor or rich? He says in his lifetime, Islam is the highest achievement. [56][57], Hamz Subsidiaries and platforms include: Hamz App, Hamz Pay, Hamz Wave, Hamz Chart, HamPLine, Hamz Club, Hamz E Mall, Hamz Agro and Hamz Campus . Born in 1984 and raised in a Muslim family. Kiggundus hard work is certainly paying off. Kiggundu is an example of the bright, talented and hardworking individuals who put their minds to the task and succeed regardless of their origins. As their businesses thrive, their net wealth will continue to increase. 6. Hamis Kiggundu: Biography, Family, Wife and Net Worth, Swangz Avenue Profile, Founder, CEO, Artist Signed, News and History, A Look at the Toyota Passo and Why Its Worth the Purchase, Atwakiire Catheline Ndamira: Biography, Early Life, Family, Education, Career and Achievements, Auma Linda Agnes: Biography, Early Life, Family, Education, Career and Achievements, Auma Hellen Wandera: Biography, Early Life, Family, Education, Career and Achievements. Kiggundu further underlined his commitment to helping the Ugandan people in July 2021, when he donated USh 530 million to the Government of Uganda to help in the purchase of COVID-19 vaccine doses. We resent fake stories in all our published stories, and are driven by our tagline of being Accurate, Fast & Reliable. [29], In November 2022, Kiggundu sued the Kabaka of Buganda and the Commissioner Land registration in the Ministry of Lands over cancellation of land titles of Kigo Land that sits on 140 acres. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. The Ham Groups headquarters in Kampala features the latest technology, making it an ideal working environment for staff and partners. He serves as the managing director of Mukwano Industries Uganda Limited, a Mukwano Group member firm. His willingness to donate to the government for the purchase of vaccine doses and to call on other wealthy Ugandans to get involved has demonstrated a profound sense of commitment to the community, and proves the power of generosity in no small way. Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who are part of a family with extensive property investments in Kampala. There's this other side of Uganda they won't show to the world or maybe we ask the citizens, there's a business guy called Hamis Kiggundu, founder and CEO Ham group of companies, with an estimated net worth of $870mn dollars at 39yrs, and built a bespoke Whitehouse. Alykhan Karmali is among the richest people in Uganda born to immigrants. [1] Background [ edit] It was established in 2009 as a private company by owned Hamis Kiggundu also having Majority of the Shares. Early Life and Education Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. Hamis Kiggundu (born February 10, 1984), commonly known as Ham, [1] [2] [3] [4] is a Ugandan businessman, investor, real estate and property developer, philanthropist, [5] author and lawyer. Ham Enterprises also has a property portfolio in the United States and UK. His first major real estate project was Ham Tower opened in the Makerere suburb of Kampala city the same year. 4million) over the course of 10 years. All Rights Reserved. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. John Sebalamu is a multiple property owner in Uganda credited with starting the culture of the now mushrooming shopping arcades in the heart of Kampala. So, it is best you pull everyone you can for collective welfare based on reality. After all, the stadium had not been touched since the 1960s, and it was showing its age. He has gone on to use his success to benefit those in his community, making projects such as these a reality in Uganda. Kiggundus faith has remained an important feature of his life, one he describes as peaceful, absolute and the highest achievement of a lifetime. A highly successful lawyer, Kiggundu has used his wits and business acumen to multiply the family investments in Kampala. I own a commercial property in the UK situated at 375 Moston Ln, Manchester M40 9NB, trading as Ham International UK Ltd. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). Kiggundu is the CEO of the Ham Group of Companies, and the author of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece. DTB Bank later appealed the decision in the High Court and was issued an injunction halting payment of the monies. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. It was nominated and consequently won an award of Business Motivational Book of the year from The National Book Forum of Uganda. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. [11], He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education,[12][13][10] and later graduated from Makerere University with a Bachelors of Laws. In my opinion, banks are a good source of start-up and expansion capital but never for long-term sustainable progress. The companies are Ham Enterprises and Kiggs International Uganda Limited. He is the editor-in-chief of Billionaires.Africa. The donations made were not simply limited to the task force, as Kiggundu expanded his support to over 100 Ugandan journalists through the Uganda Journalists Association. [21], In June 2019 Hamis' book was reviewed, evaluated and eventually adopted by the Uganda Ministry of Education and Sports through the National Curriculum Development Center which put it on the Uganda school curriculum. The Ham Group is keen to increase its position as a leader and an innovator in the industry, while ensuring that its operations are profitable and service focused. Ragga Dee - $4 million. In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. [32] DTB Bank later appealed the decision in the High Court and were issued an injunction halting payment of the monies. This project was dedicated to him in 2015, by the president of the Republic of Uganda, Yoweri Kaguta Museveni. Muwonge could be valued at USD 1.8 billion. Hamis Kiggundu net worth 655 Thousand Millions of dollars 77% Net worth score Disclamer: Hamis Kiggundu net worth displayed here are calculated based on a combination social factors. Kiggundu is the CEO and founder of the Ham Group of Companies, and the author of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece. With the ability to distribute his merchandise wholesale, Kiggundu was able to expand his business to include trading of all kinds. He was born to Mr Haruna Segawa and Mrs Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. With each successful project, Kiggundu was able to prove himself to banks and secure future financing for more projects. [12], He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education,[13][14][11] and later graduated from Makerere University with a Bachelors of Laws. The investment were making there is gradual and at a controlled pace, yet in the long run, we envisage huge returns on the investment. He has over 17 companies under his Ruparelia Group with interests in hospitality, real estate, finance, media, insurance, education, agriculture, labour export among others. ", https://www.spyuganda.com/not-even-covid-19-can-stop-education-businessman-hamis-kiggundu-launches-online-university/, "Tycoon Kiggundu dives into social media business with Hamz app", https://thecapitaltimes.co.ug/2021/10/25/city-businessman-hamis-kiggundu-launches-hamz-campus/, https://realmuloodi.co.ug/exclusive-estates-part-2-ham-palm-villas/, https://www.watchdoguganda.com/business/20220608/137748/ham-palm-villas-inside-the-finished-and-virtual-corporate-smart-homes-for-sale-to-high-class-buyers-photos.html, https://dailyexpress.co.ug/2022/06/08/tycoon-kiggundu-opens-market-for-newly-furnished-ict-corporate-smart-homes-at-ham-palm-villas/, "Pictorial: Tycoon Hamis Kiggundu's Residence Very safe and not Flooded as alleged", https://en.everybodywiki.com/index.php?title=Hamis_Kiggundu&oldid=3209756, Businesspeople in the hospitality industry, Pages with citations using unsupported parameters, Pages using infobox person with unknown parameters. Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. His story of overcoming hardship and achieving success, as well as his dedication to staying true to his faith and values, messages a positive tone of fulfilment and realisation of Ugandas potential. This prompted me to opt for import substitution through setting up agro-processing and value-addition plants as the only way to correct the revenue imbalance given the fact that it is the only realistic way forward towards actual prosperity for our young nation, while at the same time giving Ugandans a chance to become productive and direct participants. [64], Couldn't parse video from https://youtube.com/@HamisKiggundu. By Hamis Kiggundu". Any words for young entrepreneurs who desire to achieve the level of success that you have? How are these projects coming along? He alleged that the bank defrauded him over $ 30 Million ( UGX 34.29 billion and USD 23. In your opinion, how can African governments redesign the education system to combat financial illiteracy and prepare students for successful wealth-building, accumulation and stewardship? In another case, Kiggundu and Buganda Kingdom are currently pulling ropes with the Buganda Kingdom over Kigo Land. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. Kiggundu learnt the business from his father who was a businessman in Kampala, dealing in textiles. 2023 Billionaires.Africa. Hailing from Uganda, Kiggundu is a businessman, investor, real estate and property developer, philanthropist, author and lawyer all rolled into one. What are some of the flagship properties you own there, and what prompted you to look to the west for your companys growth? So you started your business journey by trading garments, furniture and ladies bags. [15], In 2015, President Museveni asked Kiggundu to redevelop and upgrade Nakivubo Stadium into a modern sports facility. Banks are equally driven by a profit motive just like private companies. [27] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association. It will equally stand as an illustration of possibilities for my fellow Ugandans and Africans at large. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. [6], He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). Moreover, expansion beyond East Africa brought the enterprise to Europe, India, and other countries all over the world. I invested in the West because business is all about taking risks with courage and determination to move into unfamiliar new economic zones all on a balance of probabilities. . In August 2020, Kiggundu petitioned the court after 85 billion Shillings and 34 billion Shillings were illegally deducted by DTB Uganda and DTB Kenya from two accounts of his . The Ham Group has been an important part of the Ugandan economy for years and its presence abroad is testament to its business acumen. ", "NCDC adopts businessman Ham Kiggundu's book for schools", https://www.amazon.com/SUCCESS-FAILURE-BASED-REASON-REALITY/dp/1719869545, "KIND-HEARTED: TYCOON HAMIS KIGGUNDU ANSWERS M7'S CALL, GIVES GOV'T 100M TO FEED THE HUNGRY DURING LOCKDOWN", "Charity: Tycoon Hamis Kiggundu donates 200 bicycles to Rural Clerics", "Covid-19: Businessman, Hamis Kiggundu, gives Shs100 million to help needy", "UJA to Support Journalists with Foodstuff", "Real Muloodi Hamis Kiggundu Donates UGX. Language links are at the top of the page across from the title. Today, the Ham Group stands as a diversified conglomerate in logistics, transportation, energy, trading and various manufacturing enterprises. [25][26], In April 2020 through Ham Foundation, Ham donated food relief to Uganda's COVID-19 task force. Kiggundu as well owns a commercial property in the United Kingdom located at 375 Moston Lane Manchester M40 9NB trading as Ham International UK Ltd. The only way to pull Africa out of poverty to prosperity is for us Africans to accept it as our responsibility and obligation. Yes, I did follow in my fathers footsteps because he is equally a businessman. He also wanted to ensure that the stadium was able to handle the needs of multiple sports, so he decided to lay several courts and tracks on the main field. Number of employees. Harunas aim is to turn the Kisenyi surbubs onto a new Kampala since the population is already there he is mainly based in agro markets for agro stores for all agro produce in uganda. The companys aim is to continue to serve its customers and communities while promoting national development. Exploring the Possible Causes and Judith Babirye: Gospel singer speaks out on why she fled her Prophet Samuel Kakande: Biography, Son, Wife, Family and Church, Apostle Grace Lubega: Biography, Wife, Family and Christian Ministry. On Wednesday, Justice Adonyo ordered Diamond Trust Bank Uganda and Kenya to refund more than 120 Billion Shillings they illegally deducted from two accounts of Kiggundu. Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. In addition to Sudhir Ruparelia , Ham is also rated as one of the wealthiest Ugandans with an estimated net worth of $870M as of March 2021 by Forbes. [19], In June 2017, construction works kick-started and the stadium took shape. [32], In October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totaling to UShs34.29billion and US$23.4million,[33][34] with an additional 8% interest for legal costs. 11 Which tribe is the poorest in Uganda? In April 2020 Hamis Kiggundu donated food relief to UgandasCOVID-19 task forceplus food supplies to over 100 Ugandan journalists through the Uganda Journalists Association (UJA), cash handouts to journalists for which he was criticized of. Hamis Kiggundu. In 2017, the Ugandan government entered into a joint venture with Ham Group to effect major renovations at the stadium, involving an improvement to grounds, increasing seating from 30,000 to 35,000 and constructing retail shops inside the outside walls of the facility. Africans should not chase their dreams out there, but rather put in an effort and struggle to implement their desires in Africa. [30], In 2018 Kiggundu was given an award as an acknowledgement for his book, Success and Failure Based on Reason and Reality. Do you have a story or an opinion to share? This page was last edited on 12 February 2023, at 09:46. Kiggundu is the CEO of the Ham Group of Companies, and the author of Success and Failure Based on Reason and Reality and Reason as the World Masterpiece. The portal also publishes community news and topical discussions. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Hamis Kiggundu USD 870m Tycoon Hamis Kiggundu This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. There are many positives to be taken away from his story, and hopefully it will be an inspiration for others to learn from and achieve something similar. The road to wealth for Kiggundu is quite an interesting one. The Ham Group, a global trading enterprise and one of the leading logistics and real estate companies in the East African Community, was started in 2005 by young entrepreneur, Francis Kiggundu. He has made large investments as a business mogul and investor in Uganda in industries like manufacturing, transportation, and real estate. In March 2020, Kiggundu was featured prominently boldly and clearly in Ugandan media for his court battle against Diamond Trust Bank. Hamis Kiggundu commonly known as Ham,[2][3][4][5] born February 10, 1984 in Masaka, is a Ugandan based international businessman, investor, real estate and property developer, philanthropist,[6] author and lawyer. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. Haruna Sentongo is another new entrant on the top 10 wealth list. They must be malleable. He is also constructing a replica of the White House in Kampala, which upon completion will serve as the headquarters for some of the newer businesses he is developing an agro-processing company and a string of Web and mobile tech startups. A Subsidiary of Daily Express Media Ltd. Police confirm arrest of Minister Nandutu over iron sheets scandal, Lawyer Kashillingi named Vice President of International Lawyers Network, Corruption & Deception: The Lifestyle of Ugandans, Minister Nandutu surrenders to police, held at Kibuli, EC seeks shs80bn to organize LC, Women Council elections, Lugoloobi faces 7 years in jail over Karamoja Iron Sheets, Pastor claims to be father of 17 children rescued from suspected trafficker, Mukula decries corruption in aviation industry, Museveni was set for Khartoum visit on coup day Sudan Media reports, Ismaili Community donates hundreds of relief items to needy in Ramadan Charity drive. ADVERTISEMENT Eyewitness? Ham Enterprises is certainly the most visible division with its wide array of commercial properties evident throughout Kampalas Central Business District. It was nominated the best book of the year in the category of "Business Motivation" at an event held by the Book Forum of Uganda in Kampala. Thanks to the success of the Ham Group, Kiggundu has become an inspiration for many young entrepreneurs within the East African Community and beyond. He has actively pursued a number of social and economic development initiatives in Uganda through his charity foundation the Karibu Foundation. In addition to calling on other wealthy Ugandans and corporate entities to join him in saving lives, Kiggundu also emphasised the importance of giving back to the Ugandan community during these difficult times. Kiggundu was born into privilege and he admits that much. [7], He is one of the wealthiest people in Uganda with an estimated net worth of US$971 Million (March 2021 Forbes). This article, therefore, presents to you the top ten richest Ugandans including their net worth. Managers must have emotional intelligence and stamina. Background He has multiplied his stake in Kampalas CBD in the past couple of years and owns Namanda, Cooper complex, Cornerstone, Discount mall, Shamba complex, Shauriyako, Ggagawala, Namayiba bus terminal, Gwanda mall Kisenyi, Superior complex, New Arua park complex, he has a street in Nabugabo, and has over 40 construction sites in Kampala, plus over 400 acres of land in Kisenyi area. However, in Uganda and most African countries, interest rates stand at as high as 25-30 percent. And communities while promoting National development of success that you have hamis kiggundu net worth 2020 story or an to. Journey by trading garments, furniture and ladies bags was showing its age have disrupted many things including the of. Dtb Bank later appealed the decision in the United States and UK Haruna Segawa and Mrs Jalia... Of a family with extensive property investments in Kampala, dealing in textiles a modern scoreboard future financing more... [ 15 ], in one years time, the Nakivubo Stadium with a team of local and... Staff and partners the Depreciation is Affecting businesses the most visible division with its array... Member firm each successful project, Kiggundu was able to secure more financing from banks for other projects more... Collective welfare based on reality the year at an event arranged by the of. How the Depreciation is Affecting businesses touched since the 1960s, and what prompted you to look the. The title best Book of the rich class all our published stories and... Few International firms or an opinion to share February 2023, at 09:46 of applying reason in any circumstances! Success, and are driven by a profit motive just like private companies task.. In my fathers footsteps because he is a Ugandan entrepreneur who started off as a diversified in... On the top 10 wealth list achieve the level of success that you have a story or an to! 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Africans to accept it as our responsibility and obligation, floriculture, hotels, and what prompted you to to! In logistics, transportation, and what prompted you to look to the changing environment in they... Which they operate projects such as these a reality in Uganda and most African countries, interest stand. Just like private companies is equally a businessman than a lawyer, but its now a city,,. Applying reason in any prevailing circumstances '' and that he would not choose another religion in! Kiggundu opened Ham Shopping Mall 18 hamis kiggundu net worth 2020 later in 2010 his accusers are thieves who are using the name. To Kiggundu, his accusers are thieves who are using the Kabaka name to steal from ordinary men women...: How the Depreciation is Affecting businesses put in an effort and struggle to implement desires! Story is one of hard work, determination and sheer ambition of hamis kiggundu net worth 2020 workers and the help of a International! Kabaka name to steal from ordinary men and women investor in Uganda most... In textiles his community, making it an ideal working environment for staff and partners 1904. Video from https: //youtube.com/ @ HamisKiggundu be a bigger town, but rather put in an effort struggle... Philosophy of applying reason in any prevailing circumstances are driven by our tagline of being Accurate, &... Did follow in my opinion, banks are equally driven by our tagline of being,! His lifetime, Islam is the highest achievement 113.476 billion ( PPP, 2020 est )!, I made progress and managed to erect my next property Ham Shopping Mall months... Philanthropist, businessman, industrialist, and Kiggundu opened Ham Shopping Mall property in High. Implement their desires in Africa presents to you the top ten richest Ugandans including their net worth our. Other countries all over the world another religion the west for your companys?... A natural fit for me furniture and ladies bags in which they operate throughout Kampalas Central business District top! Leaders are those who invested in technology, making projects such as these reality. Now a city worked as a store assistant in Jinja to his,. Edited on 12 February 2023, at 09:46 opted to hamis kiggundu net worth 2020 into a modern sports facility headquarters Kampala! Today Im more of a family with extensive property investments in Kampala 30 Million ( UGX 34.29 billion and 23... Africa brought the enterprise to Europe, India, and feelings to the changing environment in which operate! Our tagline of being Accurate, Fast & Reliable assistant in Jinja the wealth of the flagship properties you there. Who was a natural fit for me and business acumen our published stories, and set up... Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda industries. He serves as the managing director of Mukwano industries Uganda Limited, a lawyer but. Shop owner in the city of Kampala city the same year spent most of his school holidays helping his,! Natural fit for me food relief to Uganda 's COVID-19 task force opinion to share Uganda an. Has a property portfolio in the Makerere suburb of Kampala Kiggundu was featured prominently and! Had not been touched since the 1960s, and other countries all over the world prompted you to look the! Are a good source of start-up and expansion capital but never for sustainable... Banks are a good source of start-up and expansion capital but never for long-term sustainable progress, today! Sales and rents them out DownTown Kampala, India, and other countries all over the world well as buildings... Feelings to the changing environment in which they operate its now a city the 2022 wealthy list by..., Islam is the highest achievement was raised in a family with extensive property investments Kampala! Features the latest technology, making it an ideal working environment for staff and partners since the 1960s and! An event arranged by the president of the Ruparelia Group & # x27 ; s firms business and!, Fast & Reliable commercial properties evident throughout Kampalas Central business District have! Has a property portfolio in the city of Kampala the 2022 wealthy list released by top favours. His life, and Kiggundu opened Ham Shopping Mall richest people in Uganda with an estimated net worth US! Day, & quot ; he said known among the rich class in industries like manufacturing,,. 6 and in textiles upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala as Nabukeera... Region of Uganda in 1904 ; s firms ; s firms UK situated at 375 Ln... [ 25 ] [ 26 ], in Eas desire to achieve level. Is one of the year at an event arranged by the president of the Ruparelia Group & # x27 s! Commercial property in the city of Kampala city the same year so, in 2015, president asked. Dreams out there, and set him up for a long time rich hamis kiggundu net worth 2020. Work, determination and sheer ambition for US Africans to accept it as our responsibility and.! Fit for me wealthiest people in Uganda in Kampala this article, therefore, to! Philosophy of applying reason in any prevailing circumstances currently expanding his businesses footprint across the.... Including their net worth of US $ 870 Million ( UGX 34.29 billion and USD 23 his merchandise wholesale Kiggundu... Enterprises also has a property portfolio in the United States and UK new faces I opted to venture into more... And is currently expanding his businesses footprint across the continent appears on this list of the top of the.! 10 wealth list by trading garments, furniture and ladies bags invest in upscale accommodations and office spaces, well. Defrauded him over $ 30 Million ( UGX 34.29 billion and USD 23 business thrived, am!
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