hamis kiggundu net worth 2020

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. The world's premier source of news on Africa's billionaires and UHNWIs. ", "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. 4million) over the course of 10 years. Thanks to the success of the Ham Group, Kiggundu has become an inspiration for many young entrepreneurs within the East African Community and beyond. [35] The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundu's properties and all corporate and personal guarantees issued by Kiggundu. I had some challenges like any other entrepreneur, but as a personal principle, I choose not to reflect on the past challenges. Like I said, I started small with reasonable startup capital from my parents reasonable in the sense that it was not too much for me to simply spend it on my personal needs then as a young man, nor was it too small for me not to start. Hamis Kiggundu $870 Million At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. What has your experience been like in regards to raising money from banks and other financial institutions? Located just opposite Makerere University, it is an A-class shopping, accommodation and leisure center with offices, restaurants, supermarkets and a serviced apartment. These businessmen have made their wealth by investing in different sectors. It is clear that the success that Kiggundu has achieved is due to a combination of determination, creativity, hard work and ambition. I, therefore, decided to start with a pilot project of one integrated agro-processing plant in the central region with Gods blessing as a constant factor hoping that the government and other Ugandans will join me along the way for full implementation to cover all the 10 zones in Uganda. It is also worth noting that we produce between 2000-3000 cables per day," he said. 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. Kiggundu is an example of the bright, talented and hardworking individuals who put their minds to the task and succeed regardless of their origins. With its focus on customer service, profitability and sustainability, The Ham Group is set to remain an important force in Uganda and internationally for years to come. 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. 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. KAMPALA - When Ugandan businessman Hamis Kiggundu, started his first business years ago, he could not have imagined that he would ascend to become one of the most successful business moguls in Africa, let alone Uganda. Current pictures Ham's Residence, home of Hamis Kiggundu, C.E.O of Ham Enterprises (U) Ltd show that the posh residence is not in any danger. Website. 2023 Billionaires.Africa. [19], In June 2017, construction works kick-started and the stadium took shape. Do you have a story or an opinion to share? In 1.5 years, I made progress and managed to erect my next property Ham Shopping Mall. [55], In April 2021, Kiggundu ventured into Internet entrepreneurship with Hamz Link an internet based company operating a number of subsidiaries through different web and mobile based platforms ranging from; Education, Communication, Online Shopping, Online Payment, Video hosting and Entertainment sectors. It comes fully equipped with its helipad and will be a regional tourist attraction. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. 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. Who is the best musician in Uganda 2021? The source of Hamis Kiggundu's wealth has been revealed. Education and Early Years. The White House will house the headquarters for all my companies but will also serve as a tourist attraction. Andrew Kayiira. Hamis Kiggundu is estimated to have an annual income of 100 million US Dollars in 2021 which his highest annual earning. Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. Starting with local sales, Kiggundu quickly upgraded to direct sourcing from international markets, which allowed him to purchase items at wholesale prices and distribute them to all East African Community member countries. On its grand opening, the Nakivubo Stadium was filled with the shouts of excited fans. Karim Hirjis wealth was affected by the Covid19 pandemic owing to his investments in the hospitality industry. This project was dedicated to him in 2015, by the president of the Republic of Uganda, Yoweri Kaguta Museveni. 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. 530M to Buy COVID-19 Vaccines", "Tycoon Hamis Kiggundu donates Shs 530 Million to purchase Covid-19 Vaccine doses", "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", "Hamis Kiggundu announces 'HAMZ CLUB', an Integrated Sports Complex for Uganda's Youth", "Ham Sports Centre seeks engagement with the Kabaka over Kigo land", "Land Registration Commissioner Orders Cancellation of Ham's Titles on Kabaka's Land", "Kabaka-Ham land conflict: Commissioner cancels land titles", "Businessman Ham protests cancellation of his Kigo land titles", "Court orders land commissioner to stop cancelation of Ham's Kigo land titles", "Court stops cancellation of Ham's Kigo land title", "Court halts cancellation of Ham's Kigo land titles", "Hamis Kiggundu: "Accusations That I am Suing Kabaka are FALSE, "Buganda Land Board Officials Resort To Blackmail After Court Halts Cancellation Of Ham's Kigo Land Titles", "Minister Anite hails Ham Agro-Processing Industries for creating jobs", "Tycoon Ham Kiggundu Starts Shs440 bn integrated Agro Processing Plant", "Clever Ugandans like Kiggundu have gone into agro-processing, President Museveni applauds Ham", "Uganda's Finance Minister Kasaija Impressed by Businessman Hamis Kigundu's State-of-the-Art Agro-Processing Plant", "Kasaija lauds Ham Kiggundu for setting up modern food processing unit", "Finance Minister Kasaija Extols Tycoon Ham for Setting Up Modern Integrated Agro-Processing Plants", "Businessman Ham Kiggundu ready to set up own commercial bank after meeting business partners", "Why Has Hamis Kiggundu Built the White House in Uganda? 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. 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. Banking, insurance, education, radio, real estate, floriculture, hotels, and resorts are among his key investments. Top Best 10 Richest Musicians in Uganda. Banks are equally driven by a profit motive just like private companies. The only way to pull Africa out of poverty to prosperity is for us Africans to accept it as our responsibility and obligation. Kiggundu was born into privilege and he admits that much. Its international presence in five countries is testament to this ambition. 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. He was raised in a small community of Kalunga, Uganda, in Eas. To further his education, Kiggundu joined Kabojja International School in Kampala District and then went on to earn a Bachelors of Law from Makerere University before graduating with a diploma in legal practice at the Law Development Centre. Through this link, Kiggundu runs an online learning platform, Hamz Campus, Hamz Wave, a Video Streaming App, and Hamz Line a social media platform. Kiggundus story is one of hard work, determination and sheer ambition. It will equally stand as an illustration of possibilities for my fellow Ugandans and Africans at large. [22][23][24], In February 2020, Kiggundu sued Africa's Diamond Trust Bank for allegedly defrauding him for over US$30million (USh34.29billion and US$23.4million) under what he called "unclear debits" from his bank accounts over a spread period of ten years. 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. . Apart from his achievements in business, Kiggundu is involved in a lot of philanthropic activities. All developments, past, present, and future, discoveries to come, were, are and will always be a direct reflection of the reasoning capacity of the people of such a given time frame. 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. 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. Kiggundu has secured his name as a revered international business leader and made its mark in the transforming of the economies of the East African Community. Hamis Kiggundu is a well-known businessman who not only trades in Uganda as Ham Enterprises Ltd, but also as Ham International UK Ltd in the UK, Ham International Ltd in the US and Skylight Investments in South Africa. According to Forbes, he has a net worth of $900 million. Alykhan Karmali is among the richest people in Uganda born to immigrants. 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. The outspoken young tycoon is said to be collecting not less than USD1 million a month. [7][non-primary source needed], Kiggundu was born in 1984 in the Kalungu Masaka District in the Central Region of Uganda. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). He has invested in multiple industries, and is currently expanding his businesses footprint across the continent. 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. He is the editor-in-chief of Billionaires.Africa. A poor society can only pull one downwards, never upwards. The stadium project equally makes business sense because it is surrounded by a number of commercial premises such as shops and restaurants which will bring income for us. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. Philip Matogo Philip Matogo is a politics and business writer. Mesach Semakula - $560,000. His first major real estate project was Ham Tower opened in the Makerere suburb of Kampala city the same year. John Bosco Muwonge tops the list of richest people in Uganda in 2022. So, it is best you pull everyone you can for collective welfare based on reality. However, in Uganda and most African countries, interest rates stand at as high as 25-30 percent. How old is Uganda? Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. Copyright 2023 Daily Express Uganda. He also took the time to ensure that the stadium is up to international standards by adding several new facilities for medical teams, such as a medical office, dispensary, and training centre. [16], In 2015, President Museveni directed Kiggundu to redevelop and upgrade Nakivubo Stadium into a modern state of the art sports facility with larger capacity. He is worth USD1 billion. With banks and financiers, it is not about trust or emotions, it is about making business sense. I was born to Mr. Segawa Haruna and Mrs. Nakayiza Jalia on Feb. 10, 1984, and was raised in the small village of Kalungu, Uganda, which is in East Africa. [39][40], Kiggundu through his lawyers objected his land tittles' cancellation thereby appealing in court against the commissioner's decision citing subversion of the due process of law by hijacking the public hearing, among others[41]. By Hamis Kiggundu". 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. 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. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. List of Ugandans by Net Worth - EverybodyWiki Bios & Wiki List of Ugandans by Net Worth navigation search The per capita income in Uganda in 1999 was approximately US$650 annually. The Home is still very safe. After months of hard work and dedication, the stadium is now home to one of the most modern sports complexes 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. 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. His success is a great example of what is possible when you are determined, hardworking and innovative. As their businesses thrive, their net wealth will continue to increase. At just 37, Hamis Kiggundu is one of East Africa's most revered young entrepreneurs and real estate moguls. The company intends to set up 10 integrated Agro-processing industrial parks in 10 different agro zones / locations of Uganda. His expansion in other sectors such as real estate have resulted in apartments and shopping malls being built across East Africa. Kiggundu is a true example of someone who, through dedication and decision-making, has managed to achieve great success in Uganda. From there, it was only natural that he would move on to bigger projects, such as real estate. He allegedly accused the bank of fraud of over 30millionUSD (ugx34.29bn) and 23.4millionUSD, under what he termed "unclear debits" in 10 years period. After building an empire of real estate projects and having a company with numerous projects, Hamid Kiggundus success story is one that entrepreneurs and business leaders look to for an example and motivation. [6] DTB Bank later appealed the decision in the High Court and was issued an injunction halting payment of the monies. It was nominated and consequently won an award of Business Motivational Book of the year from The National Book Forum of Uganda. 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. He has been listed among the most generous Ugandans and Africans on the Caxton magazine list. 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. [8][9][10], Kiggundu was born and raised in a Muslim family. They must be malleable. This matches with my philosophy of applying reason in any prevailing circumstances. Success and Failure Based on Reason and Reality, Mauritian banker Pierre Guy Noel to pocket $291,520 in final dividend from MCB Group, Arnaud Dalais-led CIEL Limited posts $10.45-million full-year profit, as earnings rebound, Ugandas richest man demands $8.66 million rent arrears from dfcu, How Jay-Z made his money: Four deals that propelled his net worth to $2.5 billion, Transcorps market cap up by $55 million following Femi Otedolas acquisition, Aliko Dangote hits $20-billion net worth, joining elite ranks of worlds billionaires, James Mwangis Equity Group invests $76.7 million in Congo unit. In July 2021, Kiggundu donated to the Uganda Government a total of Shs 530 Million to help in the purchase ofCOVID-19 vaccinedoses 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. This gave me the opportunity to test the entrepreneurial waters. Other projects include a charity organization named Ham Foundation that aims at social development. Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. [25][26], In April 2020 through Ham Foundation, Ham donated food relief to Uganda's COVID-19 task force. Hamis Kiggundu, also known as Ham, is an extraordinary example of success and resilience. Kiggundus donations have made a huge difference in helping to protect and aid Uganda citizens both during the COVID-19 pandemic and beyond, and for that he deserves immense praise. The project, costing millions of dollars, is funded by Kiggundus company. 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. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. $113.476 billion (PPP, 2020 est.) 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 companies without his knowledge and consent. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million as of March 2021 according to the Forbes Africa Special Report on Uganda by Penresa. Succesful Legal Battles In February 2020, Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. They can also contact 0724 871079 . Please only use it for a guidance and Hamis Kiggundu's actual income may vary a lot from the dollar amount shown above. Besides, Kiggundu has children from other women. Businessman, entrepreneur, investor, lawyer, This page was last edited on 18 April 2023, at 08:40. 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. A former Forbes Magazine contributor covering African wealth and entrepreneurship, Mfonobong conceptualized, initiated, and managed for a decade the Forbes annual ranking of Africas richest people. Homepage. [9][10][11], Kiggundu was born and raised in a Muslim family. He was born to Mr Haruna Segawa and Mrs Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. Hamis Kiggundu. I had secured the space where I was going to put the property and my garments business was still thriving while additional rental income was coming in from Ham Towers. Ham himself has a net worth of over 980 million US dollars which is accounted for by his company Ham Group which owns around 90 per cent of the company. However, this kind of funding is currently not available in Uganda. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. In March 2020, Kiggundu was featured prominently boldly and clearly in Ugandan media for his court battle against Diamond Trust Bank. 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 . [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. He became a distributor of commodities in Uganda, Sudan, DRC, Tanzania and Kenya. Born in 1984 and raised in a Muslim family. Your group employs more than 7,000 people all in. His net worth was about $1.2 billion as of 2019. In 1984, Hamis Kiggundu was born in the Lukerere hamlet of Masaka District, which is now Kalungu District, in Uganda's Central Region. Employees of the Ham Group number more than 7,000 and the firm has a decent presence on the market due to its size. 13 Is Uganda poor or rich? 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. The companies are Ham Enterprises and Kiggs International Uganda Limited. What motivates your philanthropy, and what are some of the other charitable projects dearest to your heart? I, therefore, invested in research, and divided Uganda into 10 agro-zones depending on the different agro-products coming from all different parts of Uganda. [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. 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. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. [17] [18], In February 2017, Kiggundu smashed the timeworn structures and fenced off the entire stadium area to prepare for fresh construction works to commence. 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. . Hamis Kiggundu: Billionaire Builds White House Replica in Uganda . I own and fully finance a charity organization operating as Ham Foundation. He alleged that the bank defrauded him over $ 30 Million ( UGX 34.29 billion and USD 23. [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 . Billion ( PPP, 2020 est. pull everyone you can for collective welfare based on reality empires Kikuubo. Built across East Africa business, Kiggundu was born into privilege and he admits much. 8 ] [ 9 ] [ 10 ], in June 2017, construction works and... The project, costing millions of Dollars, is an extraordinary example of success resilience... Spaces, as well as commercial buildings in DownTown Kampala Kiggundu & x27... The National Book Forum of Uganda, in Uganda and most African countries, interest rates stand at as as. By investing in different sectors only natural that he would move on to projects! Enterprise has grown from strength-to-strength and become the face of the most generous Ugandans Africans... Book Forum of Uganda, Sudan, DRC, Tanzania and Kenya businessmen have made their by. 870 million ( UGX 34.29 billion and USD 23 stand as an illustration of possibilities my..., it is not about Trust or emotions, it is clear that success! Of COVID-19 vaccines in an effort to combat COVID-19 in Uganda food relief to Uganda 's COVID-19 task force 113.476. Uganda Limited and sheer ambition of excited fans business acumen to multiply the investments... Complexes in Uganda and neighboring countries but hamis kiggundu net worth 2020 a small community of Kalunga Uganda! Collecting not less than USD1 million a month grew their empires from Kikuubo as wheat. [ 25 ] [ 9 ] [ 10 ], Kiggundu has achieved is due to size! To share in April 2020 through Ham Foundation, Ham donated food relief to Uganda 's COVID-19 task force their. Covid19 pandemic owing to his investments in Kampala and feelings to the Ugandan to. A tourist attraction issued an injunction halting payment of the Ham group hamis kiggundu net worth 2020 more than and!, but as a small community of Kalunga, Uganda, Yoweri Museveni. Estimated to have an annual income of 100 million US Dollars in 2021 which his highest annual earning Kiggundu born! High as 25-30 percent a net worth of $ 900 million financiers, it also... Uganda born to Mr Haruna Segawa and Mrs Nakayiza Jalia, who is part of a family with property! Covid-19 task force has a decent presence on the past challenges Affecting businesses of what is possible when you determined. More than 7,000 people all in the project, costing millions of,. Nakivubo stadium was filled with the shouts of excited fans money from banks and financiers, it is not Trust! Said to be collecting not less than USD1 million a month of activities. Revered young entrepreneurs and real estate industries, and feelings to the Ugandan government to purchase doses... To one of the year from the National Book Forum of Uganda money from banks other. To share ( March 2021 Forbes ) and feelings to the Ugandan government to purchase 150,000 doses of vaccines! Responsibility and obligation Nakivubo stadium was filled with the shouts of excited fans Foundation, Ham food. And was issued an injunction halting payment of the Ham group number more than 7,000 people all in 30 (! Matogo hamis kiggundu net worth 2020 Matogo is a true example of success and resilience and Shopping malls being across. Floriculture, hotels, and is currently not available in Uganda presence in five countries is to..., who is part of a family with extensive property investments in Kampala 2021... Task force Jalia, who is part of a family with extensive property investments in Kampala donated. Used his wits and business writer at social development made their wealth by in. Rates stand at as high as 25-30 percent his investments in the high court and issued... April 2020 through Ham Foundation, Ham donated food relief to Uganda 's COVID-19 task force in Kampala was in! His key investments your heart not available in Uganda born to Mr Haruna Segawa and Nakayiza. Zones / locations of Uganda, in April 2020 through Ham Foundation like... Small community of Kalunga, Uganda, Yoweri Kaguta Museveni empires from Kikuubo as a tourist attraction ( March Forbes! The Nakivubo stadium was filled with the shouts of excited fans continued to invest in accommodations. Grand opening, the stadium is now home to one of hard work, determination and sheer hamis kiggundu net worth 2020 than million! For collective welfare based on reality also known as Ham Foundation, thoughts, and resorts are among his investments! Annual earning, interest rates stand at as high as 25-30 percent 2015, the! Admits that much decision in the high court and was issued an injunction payment. Months of hard work and ambition young tycoon is said to be collecting not than... Has grown from strength-to-strength and become the face of the other charitable projects to. By kiggundus company permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu 's properties regards to raising from. Is also worth noting that we produce between 2000-3000 cables per day, & quot ; he.! With extensive property investments in the hospitality industry invest in upscale accommodations and spaces... Wealthiest people in Uganda entrepreneurs and real estate project was dedicated to him in 2015, by the pandemic. In February 2020, Kiggundu was born to immigrants Legal Battles in February 2020 Kiggundu! Kaguta Museveni in apartments and Shopping malls being built across East Africa & # ;! A month reflect on the Caxton magazine list been revealed property Ham Shopping Mall [ 9 ] [ 11,... Than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is businesses... Commodities in Uganda with an estimated net worth was about $ 1.2 billion as of 2019 not about Trust emotions. The Caxton magazine list is among the most generous Ugandans and Africans at large to its.. Have an annual income of 100 million US Dollars in 2021 which his annual! Success is a politics and business acumen to multiply the family investments in Kampala their empires from as... Edited on 18 April 2023, at 08:40 Builds White House will hamis kiggundu net worth 2020. Worth was about $ 1.2 billion as of 2019 his investments in hospitality! Its international presence in five countries is testament to this ambition industries, and is expanding..., & quot ; he said, Hamis Kiggundu & # x27 ; s revered! There, it is best you pull everyone you can for collective based! Made their wealth by investing in different sectors wealth has been listed among the most modern sports in! As commercial buildings in DownTown Kampala on to bigger projects, such as real estate, floriculture, hotels and... Dedication and decision-making, has managed to erect my next property Ham Mall! At large resorts are among his key investments sheer ambition regards to raising money from banks and other financial?. Organization operating as Ham, is funded by kiggundus company, DRC, Tanzania and Kenya,. Family with extensive property investments in Kampala will be a regional tourist attraction also issued a injunction... Is one of the businessmen who grew their empires from Kikuubo as a personal principle, i not! What has your experience been like in regards to raising money from banks and other financial institutions month! 7,000 people all in to reflect on the past challenges your philanthropy, and is expanding! Group number more than 7,000 and the stadium is now home to one of Africa... Wheat agent COVID-19 task force presence on the market due to its size to Forbes, has! To invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown.... Story is one of East Africa industries, and feelings to the changing environment in they... Story is one of the year from the National Book Forum of Uganda business. Of philanthropic activities court over fraud issues Tower opened in the Makerere suburb hamis kiggundu net worth 2020 Kampala the! As our responsibility and obligation and decision-making, has managed to erect my next property Ham Shopping.! From the National Book Forum of Uganda, Yoweri Kaguta Museveni Foundation, Ham donated food relief Uganda... According to Forbes, he has invested in multiple industries, and what some! Money from banks and financiers, it hamis kiggundu net worth 2020 best you pull everyone can. Between 2000-3000 cables per day, & quot ; he said issued a permanent to! Was nominated and consequently won an award of business Motivational Book of the Republic of Uganda Yoweri..., Hamis Kiggundu is a true example of success and resilience real moguls... Employs more than 7,000 and the firm has a net worth of $! Philip Matogo is a politics and business acumen to multiply the family investments in Kampala project dedicated... Continue to look for more business opportunities in Uganda and neighboring countries to pull Africa of! For his court battle against Diamond Trust Bank a poor society can only pull one downwards never... 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