These Ugandans have very powerful businesses which generates more than $50 million per year, according to forbes.
Check also: Top 10 Youngest Billionaires In Uganda
These are very wealthy Ugandans who have businesses that generate over $50 million annually
Ugandan’s multi millionaires you need to know!
1). Abid Alam
Source: Steel, Sugar etc
Abid Alam is the CEO and the shareholder of Alam Group. This company was started in 1965 by the current owner’s father Mr Manzur Alam, Mr Manzur started small and he begun with manufacturing windows and metal doors in Kampala. Right now Alam group owns steel rolling mills in Uganda, shoe manufacturing, Sugar milling company and many more.
2). Emmanuel Katongole
Emmanuel is a Ugandan multi – millionaire and Co-founded one of the largest pharmaceutical companies called Cipla Quality Chemical Industries which is currently valued at $60 million. Katongole founded Quality Chemicals in 1997, it imports veterinary and generic human medication.
3). Habib Kagimu
Source: Oil distribution
Kagimu is a Ugandan but of a Somali origin, he owns one of the leading petroleum distributor called Habib Oil. He also owns Habib Investments that deals in Real estate development, Agriculture and Telecommunication. He’s a Ugandan multi -millionaire already.
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