This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. The road to wealth for Kiggundu is quite an interesting one. Because of these, I was able to easily secure financing with the banks because I had reasonable collateral. [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. Early Life and Education Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. After months of hard work and dedication, the stadium is now home to one of the most modern sports complexes in Uganda. We also give preference to Ugandan community news and topical discussions. Alykhans paternal grandfather, Ali Mohamed Karmali, was an entrepreneur of Indian heritage who immigrated to Uganda in 1904. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. Hamis Kiggundu net worth 655 Thousand Millions of dollars 77% Net worth score Disclamer: Hamis Kiggundu net worth displayed here are calculated based on a combination social factors. Copyright 2023 Daily Express Uganda. 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. 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. In addition, the president of Nepal, Bidhya Devi Bhandari, named Ruparelia as honorary Consul of the Republic of Nepal to Uganda in February 2020. The president wanted to see a modern sports facility of the times. The Ham Group sees itself as a leader in terms of providing quality services as well as aiming to expand outside its local borders. [15], He joined the Law Development Centre where he graduated with a diploma in legal practice. [29], In November 2022, Kiggundu sued the Kabaka of Buganda and the Commissioner Land registration in the Ministry of Lands over cancellation of land titles of Kigo Land that sits on 140 acres. During the period I was to attend high school, my family relocated to Kampala, the capital of Uganda, and from there, I went to Kabojja Secondary School. [1] Background [ edit] It was established in 2009 as a private company by owned Hamis Kiggundu also having Majority of the Shares. [19] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association,[20] but was also criticized for providing cash handouts to journalists. Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. This project was dedicated to him in 2015, by the president of the Republic of Uganda, Yoweri Kaguta Museveni. I invested in the West because business is all about taking risks with courage and determination to move into unfamiliar new economic zones all on a balance of probabilities. Kiggundu is an absolute example of how one mans vision, coupled with a strong faith can lead to great success in Uganda. 4.03. In February 2020, Kiggundu sued Africa's Diamond Trust Bank for allegedly defrauding him for over US$30 million (UShs 34.29 billion and US$23.4 million) under what he called "unclear debits" from his bank accounts over a spread period of ten years. News on our desk shows that the tycoon who was born in a family of 6 and . This came as a recognition of his contribution to the countrys economic progress. He established a youth training centre on-site to provide young people with a place to honour and improve their athletic talents. With time as capital inflow accumulated, Kiggundu advanced to firsthand importers importing goods from China, Thailand, Dubai and Hongkong. His story of overcoming hardship and achieving success, as well as his dedication to staying true to his faith and values, messages a positive tone of fulfilment and realisation of Ugandas potential. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. Then, before moving to Mbarara in Ugandas Western Region, he worked as a store assistant in Jinja. 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. When Ugandan businessman Hamis Kiggundu, started his first business years . 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. 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? Hamis Kiggundu has a net worth of over 980 million US dollars which are accounted by his company Ham Group in which he owns over 90 % of the company. [32] Hamis has invested in real estate, agro-processing, education, and technology among others. What are some of your top people management tips for first-time managers? 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. Kalungu village is part of Masaka, which used to be a bigger town, but its now a city. Karim Hirji USD 800m The company intends to set up 10 integrated Agro-processing industrial parks in 10 different agro zones / locations of Uganda. By Hamis Kiggundu". The company's market capitalization has surged by $42 million since the news of the acquisition broke on April 12. ", 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. In 1.5 years, I made progress and managed to erect my next property Ham Shopping Mall. Philip Matogo Philip Matogo is a politics and business writer. The victims all stated that as they were enduring the inhuman treatment in the During his tenure as PS/ST, Muhakanizi was always opposed to high borrowing rates and Four other officials including Minister Agnes Nandutu (Karamoja) who went into hiding since Friday Daily Express is Uganda's number one source for breaking news, National news, policy analytical stories, e-buzz, sports, and general news. 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. It is clear that the success that Kiggundu has achieved is due to a combination of determination, creativity, hard work and ambition. Kiggundu was up to the challenge, however. Kiggundu began construction on the Nakivubo Stadium with a team of local workers and the help of a few international firms. It was during my middle-school holidays in 2005 that my parents gave me some capital to start a business. From there, it was only natural that he would move on to bigger projects, such as real estate. I came up with a plan to set up Integrated Agro-Processing Industrial Parks (IAIPs) in each of the 10 agro-zones, with a projected cost of $156 million per industrial park, totaling $1.56 billion for all the 10 IAIPs. John Bosco Muwonge tops the list of richest people in Uganda in 2022. All in all, Kiggundu ended up putting in twice as much effort as he initially anticipated, but the results were worth it. The last two years have disrupted many things including the wealth of the rich class. Andrew Kayiira. The success of the trading venture allowed Kiggundu to invest in the real estate sector, buying and selling land and properties. The White House is a reflection of the White House in the US. He has written motivational books: Success and Failure Based on Reality and Reason as the World masterpiece. The Home is still very safe. I own and fully finance a charity organization operating as Ham Foundation. He is a 34-year-old billionaire who directly employs more than 1,200 people. Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? With its headquarters in Kampala, the enterprise employs more than 500 staff and over 2,000,000 customers. . [27] He also donated food supplies to over 100 Ugandan journalists through the Uganda Journalists Association. In February 2020,Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. Its international presence in five countries is testament to this ambition. 13 Is Uganda poor or rich? This remarkable achievement has seen the firm expand from a small garment trading enterprise to a giant industrial group in Uganda with many divisions. 10 What is the net worth of Hamis Kiggundu? Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. After all, the stadium had not been touched since the 1960s, and it was showing its age. However, this kind of funding is currently not available in Uganda. Hamis Kiggundu , commonly known as Ham, author and lawyer. 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. After attending local schools in Masaka, Ham joined Kabojja International School in Kampala District for his high school education. But perhaps his most important project at the moment is the reconstruction of the Nakivubo War Memorial Stadium. The Book became a bestseller in Uganda and by December 2018. Beginning in 2009, Kiggundu incorporated Ham Enterprises (U) Ltd, and advanced to constructing and owning his commercial edifices. 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. 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. He stands out as a beacon of light for the youth of Uganda, giving them hope that, with the right mindset and ambition, anyone from any background can be successful. 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. Kiggundu is allegedly accused of grabbing land in Kigomeasuring 140 acres owned by the Buganda Kingdom. 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. I have always admired the white house as a young man and based on reason, why go to America as a tourist to visit the white house when I hold the means to build a lookalike here at home. Businessman, entrepreneur, investor, lawyer, This page was last edited on 18 April 2023, at 08:40. 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. This was met with both significant excitement from the sports community and deep scepticism from the public. Hamis Kiggundu: Billionaire Builds White House Replica in Uganda . 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. On top of that Sudhir has not stopped his support for charitable works and other social causes. [6] The humble beginnings of Hamid Kiggundu started as a street vendor and makeshift trader in Uganda. [11], He attended his elementary education in Masaka, joined Kabojja International School in Kampala District for his high school education,[12][13][10] and later graduated from Makerere University with a Bachelors of Laws. Hamis Kiggundu is a powerful testament to the power of dreaming big and having the courage to aim for the stars. [1] [2] How are these projects coming along? Your group employs more than 7,000 people all in. Ham Enterprises is certainly the most visible division with its wide array of commercial properties evident throughout Kampalas Central Business District. He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). 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. Hamis Kiggundu aka Ham is a Ugandan businessman, real estate and property developer, investor, a lawyer by profession, philanthropist and author. Wanna follow Hamis Kiggundu's net worth? So you started your business journey by trading garments, furniture and ladies bags. Background Hamis has invested in real estate, agro-processing, education, and technology among others. Bebe Cool - $2.6 million. Nabukeera owns Kisekka Auto center plaza, Victor plaza in Kikuubo, Nana arcade in Nabugabo among others. These Ugandan business tycoons continue to look for more business opportunities in Uganda and neighboring countries. In addition to Sudhir Ruparelia , Ham is also rated as one of the wealthiest Ugandans with an estimated net worth of $870M as of March 2021 by Forbes. The court additionally ordered the bank to unconditionally release/discharge all mortgages allegedly created over all Kiggundus 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. Looking at the mistakes I had made in my first project, I was able to move a bit faster because I knew what to expect when it came to the space of commercial real estate. Once one is blessed with success its only reasonable that they start their struggle towards collective society development rather than individual-centered prosperity because success amidst a poor society only stands as a liability rather than an asset. Ugandan business magnate, Internet entrepreneur, philanthropist, and author Hamis Kiggundu commonly known as Ham,[2][3][4][5] born February 10, 1984 in Masaka, is a Ugandan based international businessman, investor, real estate and property developer, philanthropist,[6] author and lawyer. Under his leadership, the company has grown exponentially over the past few years, firmly establishing itself as a major player in the business and real estate space. This is not the first time Hamis Kiggundu appears on this list of the top 10 wealthy Ugandans. 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. 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. Homepage. Hamis Kiggundu is a true success story, having risen from humble beginnings to become one of the wealthiest individuals in Uganda and the world. In 2018, Hamis Kiggundu was awarded as a way of acknowledging his book titled: Success and Failure Based on Reason and Reality. HAMIS KIGGUNDU Group CEO. 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. In April 2020, Ugandas COVID-19 task force was the recipient of an incredible donation from Hamis Kiggundu, who provided food relief supplies to help the nation fight the pandemic. The Forbes list of the wealthiest Ugandans includes Ham in addition to Sudhir Ruparelia, with an estimated net worth of $870 million as of August 2022. He was raised in a small community of Kalunga, Uganda, in Eas. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. I prefer to focus on the present and the future because challenges and mistakes are only a stepping stone forward as they give me the ability never to make the same mistakes again. 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. On November 3, 2022, Court terminated the cancellation of the said titles. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. 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. Mesach Semakula - $560,000. "For those seeking to support us, they can just place their order on www.totosci.net, and delivery is done either the same day or the following day. Malleable leaders are those who can adapt their behaviors, thoughts, and feelings to the changing environment in which they operate. Kiggundu is a true example of someone who, through dedication and decision-making, has managed to achieve great success in Uganda. 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. Muwonge is an allusive billionaire who is rarely seen in public. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. 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. Who designed the Uganda flag? 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. Kiggundus book was nominated the best book of the year at an event arranged by the Book Forum of Uganda in Kampala. The outspoken young tycoon is said to be collecting not less than USD1 million a month. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. Alykhan Karmali is among the richest people in Uganda born to immigrants. Karim Hirji is a Ugandan entrepreneur, hotel owner, and businessman. It will equally stand as an illustration of possibilities for my fellow Ugandans and Africans at large. 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. $113.476 billion (PPP, 2020 est.) Hamis Kiggundu is constructing a White House in Entebbe, a multi-billion state of the art building. He used to assist his father in business transactions during school holidays and this grew his confidence and experience in the business sector. 12 Who is the richest in Uganda 2021? 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. But it was really Kiggundus move into the banking sector that sealed his fortune. 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. The donations made were not simply limited to the task force, as Kiggundu expanded his support to over 100 Ugandan journalists through the Uganda Journalists Association. Hamis Kiggundu. 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.[1]. [25][26], In April 2020 through Ham Foundation, Ham donated food relief to Uganda's COVID-19 task force. It stands useless if it cant save peoples lives. 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. 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