Ahead of its November list of the Top 40 richest people in Africa, Forbes has released a list of five Ugandan multi-millionaires one ought to know.
The five described as low-key, ultra-wealthy Ugandan tycoons, entrepreneurs and business leaders are Sudhir Rupa-relia, Patrick Bitature, Charles Mbire, Amiral Karmali and Amos Nzeyi.
Each of them is worth more than $50 million.
Forbes.com adds that there are no politicians or criminals on the list — just good, successful businessmen.
Sudhir Ruparelia is famous for his Ruparelia Group, Uganda’s largest privately held conglomerate.
Patrick Bitature is the founder and chairman of Simba Telecom, East Africa’s largest mobile phone retailer with over 100 modern retail outlets in Uganda, Tanzania and Kenya Telecom. Bitature owns Protea Hotels Kampala, a 5-star hotel located in the upmarket suburb of Kololo in Kampala.
Charles Mbire one of Uganda’s most revered boardroom gurus and investors is one of the largest individual shareholders in mobile phone network giant MTN Uganda’s operations.
Amiral Karmali is the founder of East Africa’s Mukwano Group while Amos Nzeyi is the chairman and owner of Crown Beverages, Uganda’s sole bottler of PepsiCo products.
He also owned a 40% stake in Uganda’s National Bank of Commerce before it was taken over by Ruparelia’s Crane Bank in September.
Compiled by: Songa Samuel Stone: Original article via Forbes.com
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