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Which country dominates the list of richest people in East Africa? Data in our possession shows that not Kenya, but Uganda dominates this list.
Here is the list of richest people in East Africa
- Mohammed Dewji-Tanzania
Mohammed Dewji is the richest person in East Africa. The business mogul owns Mohammed Enterprises Tanzania Limited (METL), which deals with real estate venture, textile industries, several acres of land for agriculture and transport business.
The Tanzanian is estimated to be worth $1.3 billion.
Mohammed inherited most of his wealth from his deceased father, but he managed to diversify the business, making him one of the biggest employers in Tanzania.
- Sudhir Ruparelia-Uganda
Sudhir Ruparelia (born 17 January 1956) is a Ugandan business magnate and investor. He is the chairman and majority shareholder in the companies of the Ruparelia Group. His investments are mainly in the areas of banking, insurance, education, broadcasting, real estate, floriculture, hotels, and resorts.
Sudhir is ranked second in East Africa in terms of net worth. He is estimated to be worth $1.12 billion
3.Bhimji Depar Shah-Kenya
Bhimji Depar Shah is a business magnet who inherited most of his assets from the father. He is the founder and current Chairman of BIDCO Group of Companies, a Kenya-based, family-owned manufacturing conglomerate with businesses in 13 African countries. He is listed as one of the wealthiest people in Kenya, with an estimated net worth of approximately $1 billion
The Kenyan is ranked third in East Africa in terms of net worth and first in Kenya.
- Alykhan Karmali-Uganda
The fourth wealthiest person in East Africa is Alykhan Karmali with an estimated net worth $800 million.
He is the managing director of Mukwano Industries Uganda Limited, a member company of the Mukwano Group. He also serves as a non-executive director of Exim Bank (Uganda), a commercial bank in which the Mukwano Group maintains 36.5 percent shareholding
- Uhuru Kenyatta
Uhuru Kenyatta is the son to the first president of Kenya, and he currently holds the position of President of the Republic of Kenya. The popular president is also an entrepreneur, who has invested heavily in milk processing, education, brick making, hotel, banking, insurance, oil and gas, agriculture and real estate sectors.
He is estimated to be worth $ 600 million.
Uhuru is the only President of East African region to appear in the list of wealthiest people in the region.
