But it is to Hams credit that he parlayed that small financial gift from his father into a multimillion-dollar conglomerate that directly and indirectly employs more than 5,000 people in the country today. Mesach Semakula - $560,000. [9][10][11], Kiggundu was born and raised in a Muslim family. [32], In October 2020, Kiggundu won the case and the Ugandan High Court ordered Diamond Trust Bank to refund all the unlawfully withdrawn monies totaling to UShs34.29billion and US$23.4million,[33][34] with an additional 8% interest for legal costs. With banks and financiers, it is not about trust or emotions, it is about making business sense. He is worth USD1 billion. [6], He is one of the wealthiest people in Uganda with an estimated net worth of US$870 Million (March 2021 Forbes). Thereafter, Makerere University Kampala from where he graduated with a Bachelor of Laws and later the Law Development Centre (LDC) graduating with a diploma in legal practice. He is currently building Ham Palm Villas a private gated community that will accommodate 500 luxury homes in a swanky location in the city. Harunas aim is to turn the Kisenyi surbubs onto a new Kampala since the population is already there he is mainly based in agro markets for agro stores for all agro produce in uganda. [61] Construction started in 2019 and is still on going and as of march 2022 ready units were put market. [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. 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. They can also contact 0724 871079 . The Ham Group has been an important part of the Ugandan economy for years and its presence abroad is testament to its business acumen. Hamis Kiggudu was born on February 10, 1984, to Mr. Segawa Haruna and Mrs. Nakayiza Jalia. The project, costing millions of dollars, is funded by Kiggundus company. [14], He joined the Law Development Centre where he graduated with a diploma in legal practice. 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 . I can easily sell them gradually once I need financing. It is one of the largest conglomerates in West Africa with operations in England [2] and the United States. They must have the ability to anticipate change and most importantly they must be courageous enough to abandon their past. Besides, it is worth noting that other business tycoons and entrepreneurs are also working tirelessly to take their businesses to greater heights and make more wealth. He has written motivational books: Success and Failure Based on 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. [1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day. I also own a logistics company trading as Ham International Express Logistics LLC based in Euless, Texas, with a number of trucks throughout the United States. 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. His success is a great example of what is possible when you are determined, hardworking and innovative. Kiggundus story is one of hard work, determination and sheer ambition. 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. They must be malleable. Karim Hirji USD 800m 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. Hamis Kiggundu: Biography, Family, Wife and Net Worth, Swangz Avenue Profile, Founder, CEO, Artist Signed, News and History, A Look at the Toyota Passo and Why Its Worth the Purchase, Atwakiire Catheline Ndamira: Biography, Early Life, Family, Education, Career and Achievements, Auma Linda Agnes: Biography, Early Life, Family, Education, Career and Achievements, Auma Hellen Wandera: Biography, Early Life, Family, Education, Career and Achievements. 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. He also gave a hint on this plan while launching his book, Reason as the World Masterpiece in Kampala in March 2021 and also wrote about it in the book. He is also constructing a replica of the White House in Kampala, which upon completion will serve as the headquarters for some of the newer businesses he is developing an agro-processing company and a string of Web and mobile tech startups. ", "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. Alykhan Karmali is among the richest people in Uganda born to immigrants. Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. 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. The road to wealth for Kiggundu is quite an interesting one. After attending local schools in Masaka, Ham joined Kabojja International School in Kampala District for his high school education. [28], In July 2021, Kiggundu donated to the Uganda Government a total of USh530million to help in the purchase COVID-19 vaccine doses 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. 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. These businessmen have made their wealth by investing in different sectors. ADVERTISEMENT Eyewitness? But it was really Kiggundus move into the banking sector that sealed his fortune. Later, after school, his father gave him startup capital to begin his business venture. His faith and values bring a peaceful presence to his life, and set him up for a lofty end. All in all, Kiggundu ended up putting in twice as much effort as he initially anticipated, but the results were worth it. In April 2021, Forbes Magazine Valued his net worth at US$870 million. Mr John owns several properties in Kampala, including Freedom City Mall, which cost him US $1 million, Capital House, Naiga Chambers, and several other prominent properties. [30], In 2018 Kiggundu was given an award as an acknowledgement for his book, Success and Failure Based on Reason and Reality. 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. 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 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. Kiggundus hard work is certainly paying off. 3,500. Who designed the Uganda flag? 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. From his humble beginning as a street vendor and makeshift trader of imported items in Uganda, Hamid Kiggundu has risen to become one of the most prominent business minds in the East African Community and Sub-Saharan Africa. He is the CEO of the Ham Group of Companies. Success and Failure Based on Reason and Reality, "Ham Kiggundu: "I have made money genuinely", "Ham Kiggundu; Uganda's youngest self made billionaire attributes his wealth to loans well-used", "Tycoon Ham drags DTB to court over sh100b", "Ham hosts Muslims ahead of Eid feast Sqoop Get Uganda entertainment news, celebrity gossip, videos and photos", "Big Hearted: Tycoon Hamis Donates over Shs100m To Ministry of Health in the fight Against Corona virus", "OKUTUMBULA EBYOBULIMI: Ham Kiggundu ayanjudde enteekateeka", "Ham Enterprises Limited: Hamis Kiggundu", "Siblings who own a piece of Kampala City", "Hamis Kiggundu: Biography, Family, Wife and Net Worth", "Meet Hamis Kiggundu, the 37-year-old entrepreneur who built a property empire in Uganda", "Islam Is Peaceful, Beautiful, Pure and Absolute. After all, the stadium had not been touched since the 1960s, and it was showing its age. Website. Kiggundus generosity did not go without criticism, however, as the Ugandan journalists were also given cash handouts for the relief packages. While his decision to provide cash donations was controversial, Kiggundus intent was to provide a lifeline to those journalists who had been struggling during the pandemic. The mansion was described as "palatial" by the Uganda Times. By profession, I am a lawyer, but today Im more of a businessman than a lawyer. 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. The world's premier source of news on Africa's billionaires and UHNWIs. 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. His story is one of strength, perseverance and a commitment to personal values, and his life is an example for all that success is achievable through determination and dedication. So, in one years time, the list of the top ten richest people in Uganda will most likely have some new faces. He talks about Islam as "the highest achievement of a lifetime" and that he would not choose another religion. 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. Today, the Ham Group stands as a diversified conglomerate in logistics, transportation, energy, trading and various manufacturing enterprises. Language links are at the top of the page across from the title. 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", "How Hamis waved Museveni's order to take over Nakivubo land", "First Lady's visit an endorsement of Nakivubo work, says", "Hamis Kiggundu's Book Wins Business Book Of The Year! It is now host to several sporting events, including the local league. So you started your business journey by trading garments, furniture and ladies bags. His determination to save lives in such a compassionate and generous manner is really something to be admired. 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. Christine Nabukeera is known among the rich circles as Senga Nabukeera. In March 2020, Kiggundu was featured prominently in Ugandan media for his court battle with Diamond Trust Bank. Haruna and his brother Hamis are young businessmen who have used their family business experience to invest wisely and grow their wealth. The stadium will comprise retail shops inside the outside wall of the facility. 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. Through this link, Kiggundu runs an online learning platform, Hamz Campus, Hamz Wave, a Video Streaming App, and Hamz Line a social media platform. In addition toSudhir Ruparelia,Ham is also rated as one of the wealthiest Ugandanswith an estimated net worth of $870M as of March 2021 by Forbes. The outspoken young tycoon is said to be collecting not less than USD1 million a month. It comes fully equipped with its helipad and will be a regional tourist attraction. on Meet Ugandas Hamis Kiggundu whos richer than Ronaldo and Messi, Kenyan Shilling: How the Depreciation is Affecting Businesses. Hamis Kiggundu, the Company's founder and C.E.O, is the majority shareholder in the company. He was born to Mr Haruna Segawa and Mrs Nakayiza Jalia, who is part of a family with extensive property investments in Kampala. [8][62][63], Kiggundu has a home located on the shores of Lake Victoria, popularly known as Hams Residence. 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. [52][53], Kiggundu as of January 2023 commenced opening the Ham Agro Bank, a farmers Bank to complement Ham Agro Processing industries by accommodating for agrarian needs with Agro produce as the core instrument of trade, offering loans to farmers in form of Farming desires; for example: Machines, seeds, Services, pesticides among others. Hailing from Uganda, Kiggundu is a businessman, investor, real estate and property developer, philanthropist, author and lawyer all rolled into one. As their businesses thrive, their net wealth will continue to increase. This gave me the opportunity to test the entrepreneurial waters. Number of employees. [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 . His business began to grow increasingly successful, as his margins grew, he began to source directly from international markets and became a firsthand importer. Businessman, entrepreneur, investor, lawyer, This page was last edited on 18 April 2023, at 08:40. He is a 34-year-old billionaire who directly employs more than 1,200 people. $113.476 billion (PPP, 2020 est.) His drive and enthusiasm would quickly thrust the enterprise into a new era and become the vision of the organisation. John Bosco Muwonge tops the list of richest people in Uganda in 2022. He has also raised buildings at Arua park, Parkyard, and behind Gazaland. Drake Lubega owns Qualicel BUS TERMINAL, Totali building, Kikuubo buildings, buildings at Nakivubo blue, and Mini Price buildings among others in Downtown Kampala. On November 3, 2022, Court terminated the cancellation of the said titles. [36], Following a long time land contention with Buganda land board over the approximately 140 acres of land located at Kigo where Kiggundu was setting up an Integrated Sports Complex[37][38], the acting Commissioner of Land Registration, Mr. Baker Mugaino on 6th September 2022 ordered for cancellation of the land titles issued to Kiggundus Kiham Enterprises Limited. 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. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. With the combined rental income from these two properties, Kiggundu was able to secure more financing from banks for other projects. He says in his lifetime, Islam is the highest achievement. Hamis Kiggundu recently spoke to Billionaires.Africas Editor-In-Chief Mfonobong Nsehe about his journey and his plans. Sudhir Ruparelia, Ugandas richest man with a $1.1 billion net worth in 2012, is the chairman and founder of The Ruparelia Group, Despite his remarkable career as one of the greatest rappers of all time, Jay-Z amassed his $2.5 billion fortune from his diverse investments. With time as capital inflow accumulated, Kiggundu advanced to firsthand importers importing goods from China, Thailand, Dubai and Hongkong. There's this other side of Uganda they won't show to the world or maybe we ask the citizens, there's a business guy called Hamis Kiggundu, founder and CEO Ham group of companies, He became a distributor of commodities in Uganda, Sudan, DRC, Tanzania and Kenya. Please only use it for a guidance and Hamis Kiggundu's actual income may vary a lot from the dollar amount shown above. 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. Kiggundu is allegedly accused of grabbing land in Kigomeasuring 140 acres owned by the Buganda Kingdom. At just 37, with a forbes net worth of $870 million; Kiggindu famously known as Ham in his home country, owns a number of . [54], Kiggundu made the administration block for his Agro processing industries an exact replica of the US President's Office which he named The White House Uganda as an illustration of possibilities in his bid to attract future tourists, both local and international to boost Uganda's tourism industry and pioneer national growth and prosperity as well as encouraging fellow Africans to transform their motherland into a dreamland. Hamis Kiggundu is constructing a White House in Entebbe, a multi-billion state of the art building. Kitandwe Tom is one of the businessmen who grew their empires from Kikuubo as a wheat agent. [8][9][10], Kiggundu was born and raised in a Muslim family. Meet Ugandan entrepreneur Hamis Kiggundu with a net worth of $870 million, making him richer than football stars Cristiano Ronaldo and Lionel Messi. Hamis Kiggundu is an inspirational figure that represents the best of what Uganda has to offer. Located just opposite Makerere University, it is an A-class shopping, accommodation and leisure center with offices, restaurants, supermarkets and a serviced apartment. [32] Kiggundu is the son of Mr. Haruna Segawa and Mrs. Nakayiza Jalia, who are part of a family with extensive property investments in Kampala. Email us on: dailyexpressug@gmail.com Or join the Daily Express WhatsApp Group or Telegram Channel for the latest updates. April 26, 2020 0 682 Less than a minute Hamis Kiggundu aka Ham's residence is not in danger despite raising Lake Victoria water levels. 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. Do you have a story or an opinion to share? Hamis Kiggundu, also known as Ham, is an extraordinary example of success and resilience. . 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. Africans should not chase their dreams out there, but rather put in an effort and struggle to implement their desires in Africa. The Home is still very safe. I always help where and wherever I can since my individual personal survival is only limited to a very narrow scope of basic needs. [19], In June 2017, construction works kick-started and the stadium took shape. 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. [22], In February 2021, Kiggundu wrote a second book and Reason as the World Masterpiece, a self-improvement book that focuses deeply on information about prosperity, self-development and advocates on the world human challenges, the solution to Africa's problems and Uganda's direct path from poverty to prosperity, with use of reason. Hamis has invested in real estate, agro-processing, education, and technology among others. Why did you choose to trade in those specific items at the time? The Ugandan business magnate began trading textiles and alcoholic beverages from a store on Luwum Street in Kampala. 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]. John Sebalamu is a multiple property owner in Uganda credited with starting the culture of the now mushrooming shopping arcades in the heart of Kampala. It was exciting. Two decades ago, his father provided him with capital to start a trading business. Hirji is the fifth richest person in Uganda with an estimated net worth of almost $800 million. Its international presence in five countries is testament to this ambition. The Ham Group sees itself as a leader in terms of providing quality services as well as aiming to expand outside its local borders. Before he knew it, he was selling . Money is only one of the tools of survival. [20], The entire an estimated cost of US$139 million according to Forbes Africa. 13 Is Uganda poor or rich? However, in Uganda and most African countries, interest rates stand at as high as 25-30 percent. The 2022 wealthy list released by top analysts favours those who invested in technology, real estate, health, food, logistics etc. 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. 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? . A Subsidiary of Daily Express Media Ltd. Police confirm arrest of Minister Nandutu over iron sheets scandal, Lawyer Kashillingi named Vice President of International Lawyers Network, Corruption & Deception: The Lifestyle of Ugandans, Minister Nandutu surrenders to police, held at Kibuli, EC seeks shs80bn to organize LC, Women Council elections, Lugoloobi faces 7 years in jail over Karamoja Iron Sheets, Pastor claims to be father of 17 children rescued from suspected trafficker, Mukula decries corruption in aviation industry, Museveni was set for Khartoum visit on coup day Sudan Media reports, Ismaili Community donates hundreds of relief items to needy in Ramadan Charity drive. Worth at US $ 1.00 per day the cancellation of the businessmen who used. Initially anticipated, but rather put in an effort and struggle to their! Top analysts favours those who invested in real estate, agro-processing,,. $ 139 million according to Forbes Africa courageous enough to abandon their past hamis kiggundu net worth 2020 10,... 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