Ugandan Billionaires

10 Business Leadership Tips By Simpson Birungi, the Billionaire Maverick Founder of Movit Products⏤ East Africa’s Largest Homegrown Personal Care Company

by Jonathan LBillionairesCEOsThe Big StoryThought LeadershipTop 10June 15, 2024June 15, 2024

Simpson Birungi founded Movit Products Ltd in 1997, starting with a makeshift workshop in Namasuba, Wakiso District. Since then, the company has grown into a multi-billion enterprise, becoming one of…

Gideon Kirumira: My Father Has Taught Me the Value of Hard-work.

by Jonathan LBillionairesBusiness GuruThe Big StoryJune 6, 2024June 6, 2024

Succession planning is a crucial aspect of family businesses, yet many founders struggle to prepare their heirs for the responsibility of taking over the reins. In Uganda, the statistics are…

UGANDAN BILLIONAIRES: Amos Nzeyi, the little bread vending boy from Kabale who grew up into a ‘big boy’ in Kampala

by CEO ReporterBillionairesCEOsNews & AnalysisThe Big StoryMay 17, 2024May 17, 2024

Name: Amos Nzeyi Source of Wealth: Carbonated Soft Drinks and Water, Hospitality & Tourism, Confectionaries & Real Estate  Age: 75 years Estimated Worth: US$ 57 million (UGX200 billion) Amos is…

SUCCESSFUL SUCCESSION: Billionaire James Mulwana’s business empire lives on, more than a decade after his death 

by Muhereza KyamuteteraIndustry & AnalysisThe Big StoryJanuary 9, 2024January 10, 2024

Unlike many of his contemporaries who have since passed on, and their business empires quickly followed them to the grave, Mulwana Group has not only survived but has grown and…

THE SECRET BILLIONAIRE: Sanjay Awasthi, the man behind Uganda’s Tembo Steels

by Muhereza KyamuteteraBillionairesProfilesQ + AsThe Big StoryJanuary 8, 2024December 19, 2024

When he came to Uganda, back in 2000, Sanjay Awasthi chose the latter- and he does it with zero importation of physical steel, unlike most of his peers and competitors….

UGANDAN BILLIONAIRES: Badru Muwanga, the packaging magnate behind Luuka Plastics

by The CEO Magazine TeamBillionairesLists & RankingsThe Big StoryJuly 17, 2023July 18, 2023

SOURCE OF WEALTH: Manufacturing (plastics & packaging) and real estate. ESTIMATED WEALTH: UGX120+ billion Except for being a member of Kwagalana Group, an association of self-made billionaires in Kampala, Hajj…

Who is Chris Kayoboke— the quiet billionaire who owns 41% of Crown Beverages, the Pepsi bottler in Uganda?

by Muhereza KyamuteteraBillionairesLists & RankingsProfilesThe Big StoryThe CEO 100 IndexMarch 5, 2023January 10, 2024

Crown Beverages Limited, the franchisee bottler for PepsiCo International has no doubt, matured both as a large player in the Ugandan non-alcoholic drinks category as well as in the broader…

MOVIT’S SIMPSON BIRUNGI― the Ugandan garage-to-manufacturing-giant billionaire with eyes and hands on the African personal care market  

by David KangyeBillionairesCompany NewsIndustry & AnalysisLists & RankingsTop 10January 21, 2023January 27, 2023

Looking back, this could be attributed to the relentless effort across the numerous production value chain of Movit from manufacturing to marketing that were both very innovative and aggressive that…

MAN OF STEEL: How Steel & Tube Industries’ Joseph Yiga hot-rolled himself from an ordinary hardware retailer to a UGX427.2 bn a year steel magnate

by Muhereza KyamuteteraBillionairesCEOsProfilesThe Big StoryJanuary 21, 2023January 27, 2023

The story of Steel & Tube Industries, one of Uganda’s top five steel companies and the largest indigenously owned steel maker is as fascinating as it is inspiring. His is…

Capital Shoppers’ Ponsiano Ngabirano ventures into hotels: His 5-star Marriot-to-be in Nsambya on course for completion in 2023/24

by Muhereza KyamuteteraBillionairesHospitality & TourismLifestyleThe Big StoryThe Executive TravelerDecember 8, 2022December 13, 2022

After making a fortune in supermarkets and commercial real estate, Ponsiano Ngabirano, the Founder & Chief Executive Officer of Capital Shoppers Supermarkets, has ventured into the hospitality industry. The retail…