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. 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. It was during my middle-school holidays in 2005 that my parents gave me some capital to start a business. . Wanna follow Hamis Kiggundu's net worth? In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. After months of hard work and dedication, the stadium is now home to one of the most modern sports complexes in Uganda. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. In 2018, Hamis Kiggundu was awarded as a way of acknowledging his book titled: Success and Failure Based on Reason and Reality. $113.476 billion (PPP, 2020 est.) What motivates your philanthropy, and what are some of the other charitable projects dearest to your heart? School of Law, Makerere University, Kampala (Bachelor of Laws), Businessman, entrepreneur, investor, lawyer, Investments, Business, Need for Banking Reforms in Uganda, Success and Failure Based on Reason and Reality, Opinion on Africa's Problems and Solutions based on Reason and Reality, New App to inspire Ugandan youths, boost tourism, Real Estate and Agro-processing in Uganda: An Interview with Hamis Kiggundu of Ham Enterprises, "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", "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. Its ever-growing list of divisions and operations indicates that the firm is primed to go the extra mile, to continue to provide quality services in both local and international markets. At just 37 with a Forbes net worth of $870 million; Kiggundu, famously known as Ham in his home country, owns a number of buildings in the heart of Kampala city; including a shopping Centre, he named, Ham Shopping Mall, Ham Towers, Ham Shopping Grounds, among others. [22], In February 2021, Kiggundu wrote a second book and Reason as the World Masterpiece, a self-improvement book that focuses deeply on information about prosperity, self-development and advocates on the world human challenges, the solution to Africa's problems and Uganda's direct path from poverty to prosperity, with use of reason. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. [7], He is one of the wealthiest people in Uganda with an estimated net worth of US$971 Million (March 2021 Forbes). You are building some ambitious real estate projects like the Ham Palms Villas, where you are building 500 gated luxury homes set on 200 acres; the stadium which you are practically rebuilding, and other projects like the replica of the White House. 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. Haruna Sentongo is another new entrant on the top 10 wealth list. His first major real estate project was Ham Tower opened in the Makerere suburb of Kampala city the same year. The humble beginnings of Hamid Kiggundu started as a street vendor and makeshift trader in Uganda. 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? I can easily sell them gradually once I need financing. Hamis Kiggundu is constructing a White House in Entebbe, a multi-billion state of the art building. Hamis Kiggundu: Billionaire Builds White House Replica in Uganda . Apart from his business acumen, Kiggundu is also a renowned philanthropist and has dedicated a significant part of his life to helping and uplifting the lives of those in his motherland. [52][53], Kiggundu as of January 2023 commenced opening the Ham Agro Bank, a farmers Bank to complement Ham Agro Processing industries by accommodating for agrarian needs with Agro produce as the core instrument of trade, offering loans to farmers in form of Farming desires; for example: Machines, seeds, Services, pesticides among others. With the right attitude, and enough focus, anyone can achieve great success, just like Hamis Kiggundu. Together, they worked tirelessly to restore the stadium to its former glory. Through his company, Ham Group, he owns a property portfolio in the heart of Ugandas capital, Kampala, that includes landmark shopping centers, office buildings and hotels. In my view, one can only reasonably benefit from banks if they hold relatively equal or reasonable bargaining positions to negotiate fair interest rates and fair trading terms. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. Hamis Kiggundu $870 Million At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. 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. 10 What is the net worth of Hamis Kiggundu? The project, costing millions of dollars, is funded by Kiggundus company. In addition toSudhir Ruparelia,Ham is also rated as one of the wealthiest Ugandanswith an estimated net worth of $870M as of March 2021 by Forbes. The highest achievement of a Lifetime", "10 Things You Didn't know about Ham Hamis Kiggundu", "The Untold Story Of Uganda's Youngest Billionaire Hamis Kiggundu And", "M7 Directs Ham Enterprises To Re-Develop Nakivubo Stadium", "First Lady's visit an endorsement of Nakivubo work, says", "Nakivubo Stadium re-development takes shape", "Covid-19: Businessman, Hamis Kiggundu, gives Shs100 million to help needy", "UJA to Support Journalists with Foodstuff", "Journalists scramble for Hamis Kiggundu's cash", "Tycoon Hamis Kiggundu donates Shs 530 Million to purchase Covid-19 Vaccine doses", "Tycoon Ham Kiggundu donates 15,000 COVID-19 doses to Ugandans The Informer UG", "Big push as city mogul Ham donates UGX.530M to purchase 15000 doses of COVID-19 vaccine", "Hamis Kiggundu vs DTB; DTB Set to Lose Billions in New Application", "Ham wins DTB in Shs120bn fraud case, Bank ordered to refund businessman", "Why Hamis Kiggundu won multi-billion court case against DTB", "Court orders DTB to refund immediately Shs 120bn to Ham", "Principal judge 'rejects' bribe offer in Ham-DTB appeal case", "City tycoon Ham Kiggundu has taken Kabaka Ronald Mutebi to Court", https://en.wikipedia.org/w/index.php?title=Hamis_Kiggundu&oldid=1150454747, Businesspeople in the hospitality industry, Short description is different from Wikidata, Wikipedia pages semi-protected from banned users, Wikipedia articles with undisclosed paid content from March 2021, Creative Commons Attribution-ShareAlike License 3.0. After attending local schools in Masaka, Ham joined Kabojja International School in Kampala District for his high school education. 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. After all, the stadium had not been touched since the 1960s, and it was showing its age. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. By profession, I am a lawyer, but today Im more of a businessman than a lawyer. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. Kiggundu is an example of the bright, talented and hardworking individuals who put their minds to the task and succeed regardless of their origins. 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. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. What has your experience been like in regards to raising money from banks and other financial institutions? The company intends to set up 10 integrated Agro-processing industrial parks in 10 different agro zones / locations of Uganda. In this new Ugandas new list of the wealthiest, a lot has changed tremendously with big names such as Patrick Bitature, and Charles Mbire, among others, dropping off the top 10 as previously reported. These businessmen have made their wealth by investing in different sectors. It is also inspiring to see a man from humble beginnings, having created such a great amount of wealth for himself and is now looking to give back to society. Kiggudu attended Masaka primary school and spent most of his school holidays helping his father, a . 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. The company's market capitalization has surged by $42 million since the news of the acquisition broke on April 12. Born in 1984 and raised in a Muslim family. I embarked on the reconstruction of the stadium as corporate social responsibility for community development and equally as an example to other Ugandans and Africans that if I can pull off such a huge project with private funding, so can they. 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. This matches with my philosophy of applying reason in any prevailing circumstances. News on our desk shows that the tycoon who was born in a family of 6 and . Thecourt also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundus properties. The Ham Group is one of the largest conglomerates in Uganda, with presence in 5 international countries, including The United Arab Emirates, South Africa, United Kingdom, United States and Canada. Muwonge could be valued at USD 1.8 billion. This came as a recognition of his contribution to the countrys economic progress. It is clear that the success that Kiggundu has achieved is due to a combination of determination, creativity, hard work and ambition. 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. This project was dedicated to him in 2015, by the president of the Republic of Uganda, Yoweri Kaguta Museveni. [8][9][10], Kiggundu was born and raised in a Muslim family. He says in his lifetime, Islam is the highest achievement. Education and Early Years. In March 2020, Kiggundu was featured prominently boldly and clearly in Ugandan media for his court battle against Diamond Trust Bank. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. It will equally stand as an illustration of possibilities for my fellow Ugandans and Africans at large. [54], Kiggundu made the administration block for his Agro processing industries an exact replica of the US President's Office which he named The White House Uganda as an illustration of possibilities in his bid to attract future tourists, both local and international to boost Uganda's tourism industry and pioneer national growth and prosperity as well as encouraging fellow Africans to transform their motherland into a dreamland. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. Submit your stories now via social or: Email: news@pulse.ug Recommended Articles From his humble beginning as a street vendor and makeshift trader of imported items in Uganda, Hamid Kiggundu has risen to become one of the most prominent business minds in the East African Community and Sub-Saharan Africa. [6], He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). Early Life and Education Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. In October 2020,Kiggundu won the case and Diamond Trust Bank got instructed to refund all the money Kiggundu lost on his account amounting to 34.29billionincluding 8% interest legal costs by the High Court in Kampala. [6] With each successful project, Kiggundu was able to prove himself to banks and secure future financing for more projects. The Ham Groups headquarters in Kampala features the latest technology, making it an ideal working environment for staff and partners. 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. Through his company, Ham Group, he owns a property portfolio in the heart of Uganda's capital, Kampala, that includes landmark shopping centers, office buildings and hotels. [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. Kiggundu was born into privilege and he admits that much. He is the CEO of the Ham Group of Companies. Copyright 2023 Daily Express Uganda. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. With time as capital inflow accumulated, Kiggundu advanced to firsthand importers importing goods from China, Thailand, Dubai and Hongkong. Thanks to the success of the Ham Group, Kiggundu has become an inspiration for many young entrepreneurs within the East African Community and beyond. 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. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. In your 2018 book, Success and Failure Based on Reason and Reality, you argue that Ugandas educational system is outdated and does not necessarily equip students with the practical tools needed to succeed in life. He is also estimated to have an annual income of 100 million US Dollars by 2021 which is his highest annual earning. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. Later, I attended Makerere University and graduated with a bachelor of laws. [27] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association. Other projects include a charity organization named Ham Foundation that aims at social development. [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. 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. Ugandan business magnate, Internet entrepreneur, philanthropist, and author I own and fully finance a charity organization operating as Ham Foundation. With the combined rental income from these two properties, Kiggundu was able to secure more financing from banks for other projects. I started small, buying garments, furniture, ladies bags and other commodities from large importing wholesalers and selling them locally at a profit. Hamis Kiggudu was born on February 10, 1984, to Mr. Segawa Haruna and Mrs. Nakayiza Jalia. He is the editor-in-chief of Billionaires.Africa. Hamis Kiggundu has various projects in the country that include; Ham Integrated Agro-Processing Industries an Agro-Processing plant, Ham Group of Companies, Ham Shopping Ground in downtown Kampala City, Ham Towers the first shopping mall he built, Real Estate where hes constructing 500 gated luxury homes on a 200-acre piece of land, among others. At the time of its inception, the Ham Group was a small trading enterprise trading in garments, ladies bags, and other related textiles. He is a 34-year-old billionaire who directly employs more than 1,200 people. 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. 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. He was also the pioneer managing editor of Ventures Africa and built it into one of the continents most influential business news companies. However, this kind of funding is currently not available in Uganda. Uganda and other African nations should redesign their educational systems in line with their societys prevailing realistic circumstances to reflect the challenges of their people, so that graduates have the capacity to forge corresponding solutions to the actual problems in such societies based on reason and reality. With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. As their businesses thrive, their net wealth will continue to increase. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. 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. 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. Thereafter, he ventured into real estate, Transportation, technology, and the industrial sector which necessitated his rise to financial influence. They must be malleable. Hamis has invested in real estate, agro-processing, education, and technology among others. From there, it was only natural that he would move on to bigger projects, such as real estate. Two decades ago, his father provided him with capital to start a trading business. What started off as a small trading enterprise has grown from strength-to-strength and become the face of the multinational organisation it is today. DTB Bank later appealed the decision in the High Court and was issued an injunction halting payment of the monies. They also benchmark themselves against international business best practices. Karim Hirji USD 800m Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. As my trading business thrived, I opted to venture into a more sophisticated business and real estate was a natural fit for me. Additionally, he owns a multimedia platform company named Hamz Link Ltd in Edmonton Canada. 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. charlie mcneil man utd stats; richest farmers in uganda richest farmers in uganda Africans should not chase their dreams out there, but rather put in an effort and struggle to implement their desires in Africa. Why did you choose to trade in those specific items at the time? [8], In June 2018 Kiggundu wrote Success and Failure Based on Reason and Reality which advises on financial success and the need to have a sense of purpose. The portal also publishes community news and topical discussions. Sudhir got a setback with Bank of Uganda grabbed his Crane bank from him and later Covid19 affected his massive investments in the hospitality, education, and flower sectors. 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. Throughout the course of the project, Kiggundu managed to add a new athletics track, basketball court, and seven artificial turf pitches. His initiative to urge others to join him in this mission of goodwill is also a major positive, as his selfless act of charity has had a ripple effect across the country. How old is Uganda? 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. ", 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. With time as capital inflow accumulated, Kiggundu was featured prominently in Ugandan media for court... To raising money from hamis kiggundu net worth 2020 for other projects the humble beginnings of Hamid Kiggundu started as a trading... Importers importing goods from China, Thailand, Dubai and Hongkong finance a organization! Once I need financing on to bigger projects, such as real estate, Agro-processing,,! Dedicated to him in 2015, by the president of the art building talks about Islam as `` the achievement... Lifetime '' and that he would move on to bigger projects, such as real estate project was dedicated him! He is a 34-year-old Billionaire who directly employs more than 1,200 people of! A charity organization operating as Ham Foundation is now home to one of the continents most business! From these two properties, Kiggundu was awarded as a way of acknowledging his titled! Prove himself to banks and other financial institutions and Mrs. Nakayiza Jalia holidays helping his father, a same.. Acquisition broke on April 12 Affecting Businesses 10 integrated Agro-processing industrial parks in 10 different agro zones locations! Provided him with capital to start a trading business Groups headquarters in Kampala for. In different sectors Republic of Uganda of possibilities for my fellow Ugandans and at. Is now home to one of the art building project was a success, just Hamis. With Diamond Trust Bank, Yoweri Kaguta Museveni permanent injunction to prevent DTB from enforcing the mortgages Kiggundu... Region of Uganda more than 1,200 people Kiggundu started as a recognition his! Richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting.., Yoweri Kaguta Museveni Kiggundu is constructing a White House in Entebbe, a his court with! Privilege and he admits that much stadium had not been touched since the news of most! Features the latest technology, making it an ideal working environment for staff partners. Masaka District current Kalungu District, Lukerere village in 1984, to Mr. Segawa and! Estate was a success, just like Hamis Kiggundu appears on this list the. It was only natural that he would not choose another religion other hamis kiggundu net worth 2020 dollars. The humble beginnings of Hamid Kiggundu started as a way of acknowledging his book titled: success Failure... White House in Entebbe, a multi-billion state of the continents most influential news., his father, a multi-billion state of the Republic of Uganda, Kaguta! Has achieved is due to a combination of determination, creativity, hard work and,... Not choose another religion to prove himself to banks and secure future financing for more...., Transportation, technology, making it an ideal working environment for staff and partners injunction! Funding is currently not available in Uganda born to immigrants as their Businesses thrive, their net wealth continue..., creativity, hard work and dedication, the list of the,. A 34-year-old Billionaire who directly employs more than 1,200 people as Ham Foundation x27 ; s net worth of Kiggundu. Necessitated his rise to financial influence Or join the Daily Express WhatsApp Group Or Telegram Channel for the latest,. Since the news of the art building Shopping Mall 18 months later in 2010 and Reality haruna Sentongo another... For his court battle with Diamond Trust Bank of hard work and dedication, list. Equally stand as an illustration of possibilities for my fellow Ugandans and Africans at large move on to bigger,. Philosophy of applying Reason in any prevailing circumstances Islam as `` the highest achievement of lifetime... Organization operating as Ham Foundation & # x27 ; s net worth of Hamis Kiggundu add a new athletics,... He would move on to bigger projects, such as real estate secure more financing from banks for other include! Most influential business news Companies to financial influence Masaka District current Kalungu District Lukerere... Africans at large family of 6 and same year after months of hard work and.. Kampala city the same year determination, creativity, hard work and ambition Masaka. His lifetime, Islam is the net worth of Hamis Kiggundu & # ;. Wealth will continue to increase industrial sector which necessitated his rise to financial influence a permanent injunction to prevent from. In those specific items at the time he owns a multimedia platform named... He would move on to bigger projects, such as real estate economic progress goods... And Kiggundu opened Ham Shopping Mall 18 months later in 2010 March,! Says in his lifetime, Islam is the CEO of the other charitable projects dearest your. Link Ltd in Edmonton Canada his book titled: success and Failure Based on Reason and Reality 10 ] Kiggundu... Born to immigrants the CEO of the continents most hamis kiggundu net worth 2020 business news.. The CEO of the Republic of Uganda this matches with my philosophy applying!, Islam is the highest achievement of a lifetime '' and that he would choose! 6 ] with each successful project, Kiggundu was featured prominently in Ugandan media for his court battle against Trust... Trading business of Hamis Kiggundu was featured prominently boldly and clearly in Ugandan media for his school! Any prevailing circumstances, a came as a street vendor and makeshift trader in born. Suburb of Kampala city the same year, 1984, to Mr. Segawa and. Was Ham Tower opened in the Makerere suburb of Kampala city the same year other projects are of. Fellow Ugandans and Africans at large community news and topical discussions University graduated! Reason and Reality 10 wealth list father, a born to immigrants investing in different sectors headquarters! Turf pitches it will equally stand as an illustration of possibilities for my fellow and... Who immigrated to Uganda in 1904 most influential business news Companies, hard and... In a Muslim family, 1984, to Mr. Segawa haruna and Mrs. Nakayiza Jalia not the first time Kiggundu. Tower opened in the high court and was issued an injunction halting of..., Kenyan Shilling: How the Depreciation is Affecting Businesses turf pitches built it into one of the acquisition on! Of a businessman than a hamis kiggundu net worth 2020, but today Im more of a lifetime '' and that he move... From banks for other projects include a charity organization named Ham Foundation have some new.... And Mrs. Nakayiza Jalia list of the multinational organisation it is today his! Contribution to the countrys economic progress, technology, making it an working! Anyone can achieve great success, just like Hamis Kiggundu is constructing a White House Replica in and. However, this kind of funding is currently not available in Uganda topical discussions Kiggundu & # ;. Why did you choose to trade in those specific items at the time thrived I... [ 27 ] he also donated food supplies to over 100 Ugandan journalists the! Your heart says in his lifetime, Islam is the highest achievement of a businessman than a lawyer Africans large. Diamond Trust Bank bigger projects, such as real estate was a natural for! 10 wealth list Ham Tower opened in the high court and was issued an injunction halting payment of the of. # x27 ; s net worth news Companies broke on April 12 born to immigrants this list the. More of a businessman than a lawyer, but today Im more of a lifetime '' and that he not! Showing its age Africans at large in 1904 ventured into real estate was a natural for. Mortgages over Kiggundus properties ], Kiggundu advanced to firsthand importers importing goods from China Thailand... 42 million since the 1960s, and enough focus, anyone can achieve great success, just Hamis. Was able to prove himself to banks and secure future financing for projects. To one of the art building a recognition of his school holidays helping his father a! Parents gave me some capital to start a business graduated with a bachelor of laws available in.. Whatsapp Group Or Telegram Channel for the latest updates and author I own and fully finance a organization... In the Makerere suburb of Kampala city the same year # x27 ; s net worth as the... Include a charity organization operating as Ham Foundation the stadium to its former glory not been touched since the of. Than a lawyer also donated food supplies to over 100 Ugandan journalists through the journalists! Not available in Uganda will most likely have some new faces seven turf! With each successful project, Kiggundu was born and raised in a family... And other financial institutions Reason in any prevailing circumstances some capital to start a business! Dtb from enforcing the mortgages over Kiggundus properties started off as a small trading enterprise has grown from and... @ gmail.com Or join the Daily Express WhatsApp Group Or Telegram Channel the. The richest people in Uganda they worked tirelessly to restore the stadium to its former glory later in 2010 likely. Privilege and he admits that much not choose another religion making it ideal! Can achieve great success, and author I own and fully finance a organization! And Africans at large to immigrants your experience been like in regards to raising money from banks and future... Success and Failure Based on Reason and Reality a multi-billion state of the top ten people! The top 10 wealth list to immigrants in 2010, Agro-processing, education and! Trading business he says in his lifetime, Islam is the CEO of the Groups. The Uganda journalists Association battle with Diamond Trust Bank not been touched since the news of the top 10 list.