East Africa has been known for its growing economy that has been controlled by some individuals known for their riches.
East Africa has as well played a key role in the world economy through engaging in bilateral trade with other countries in across the continents of the world.
We shall focus on the richest people in East Africa and their net worth with the kind of Businesses they practice.
List of Richest People in East Africa, Their Net Work, World Rank and Business They Own.
- Mo Dewji
Country: Tanzania
Net Worth: $ 1.6 Billion
Mohammed Dewji is the richest person in east Africa. He’s the first Tanzanian to feature on cover of Forbes Magazine.
Mo Dewji has the estimated net Worthy of $ 1.6 billion and he’s the richest in East Africa occupying number 17 in the continent of Africa.
Mo Dewji were relatively poor, lived in a house made of sand and mud. When in secondary school, his father’s shop had grown into Mohammed Enterprise Tanzania (MeTL) a thriving import export business.
From the trading company of his father, Mo Dewji involves in a company dealing with Manufacturing, Finance, Mobile Telephone, Insurance transport and Real estate.
- Sudhir Ruparelia
Country: Uganda
Net Worth: $1.2 Billion
Sudhir Ruparelia was born in 17th January 1956 in Uganda and also his father was born in Uganda. Sudhir Ruparelia’s grandfather left India to trade in East Africa.
Sudhir Ruparelia is the chairperson and controlling shareholder of Ruparelia Group which is holding company that controls Businesses in areas of banking, Insurance, education, broadcasting, real estate, hotels and resorts.
- Amos Nzeyi
Country: Uganda
Net Worth: $ 1Billion
Amos Nzeyi was born in Uganda in 1947. He’s the Ugandan Entrepreneur, businessman and industrialist.
Amos Nzeyi has vast assests where by some of business include; Crown Beverages Limited Hot Bakery, white Horse inn and Nandes Restaurant.
He’s the third richest person in East Africa with the net worth of $1 Billion.
- Bhimji Depar Shah
Country: Kenya
Net Worth: $700 Million
Bhimji Depar Shah is the richest man in Kenya and fourth in East Africa. He’s a businessman, industrialist and Entrepreneur.
He built a business conglomerate out of medium enterprise handed to him by his father.
Bhimji Depar Shah is the chairman and founder of BIDCO Group Conglomerate manufacturing shops, detergents and baking power.
Bhimji Depar Shah started a single petrol station and garment manufacturing before moving to soap production. He has business operating in 13 Countries.
- Alykhan Karmali
Country: Uganda
Net Worth: $700 Million
Alykhan Karmali is the top Ugandan businessman and the fifth top businessman in East Africa.
His grandfather came from India around 1904 and started working as a salesperson in a shop before founding his own business.
Alykhan Karmali has built a big business and he’s the managing director of Mukwano industries Uganda limited.
6. Sameer Naushad
Country: Kenya
Net Worth: $700 Million
Sameer Naushad is the son to the late Naushad Marah . He’s was the Kenya’s wealthiest man at his time before death.
Late Sameer Naushad ‘s father left behind vast empire including Finance, communication, real estate and other industries.
- Jaswinder Singh Besi
Country: Kenya
Net Worth: $650 Million
Jaswinder Singh is the most respected as the astute businessman.
Jaswinder Singh’s fortune evolve around textiles. He operates the biggest textile factory in Kenya. Recently was made the chairman of export promotion council.
- Uhuru Kenyatta
Country: Kenya
Net Worth: $500 Million
Uhuru Kenyatta is the son to the first President of Kenya the late Mzee Jomo Kenyatta. His father established vast business that’s being controlling by Uhuru’s mother Mama Ngina Kenyatta.
Uhuru Kenyatta served as the fourth president of Kenyatta and has various business including; Finance, Manufacturing, Communication, Real Estate and Hospitality.
- Charles Magezi Mbire
Country: Uganda
Net Worth: $ 500 Million
Charles Magezi Mbire is the businessman, entrepreneur and industrialist.
Some of his business include; Telecommunication, banking, Pharmaceuticals , fish farming investments and power generation.
10. Mahendra Rambgai Patel
Country: Kenya
Net Worth: $430 Million
Mahendra Rambgai Patel is one of the Kenya’s notable businessman. He sits at the head of Ramco Group, a conglomerate with 50 companies operating in East Africa.
He’s the 10th richest businessman in East Africa.
