All in all, Kiggundu ended up putting in twice as much effort as he initially anticipated, but the results were worth it. Hamis has invested in real estate, agro-processing, education, and technology among others. In 1984, Hamis Kiggundu was born in the Lukerere hamlet of Masaka District, which is now Kalungu District, in Uganda's Central Region. After all, no man is an island. Besides, Kiggundu has children from other women. In 2015, Ugandan President Yoweri Museveni tasked Hamis Kiggundu with the ambitious project of redeveloping and upgrading the Nakivubo Stadium into a modern sports facility. Muwonge is an allusive billionaire who is rarely seen in public. Kalungu village is part of Masaka, which used to be a bigger town, but its now a city. ", 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 my opinion, banks are a good source of start-up and expansion capital but never for long-term sustainable progress. 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. Hamis Kiggundu was born in Masaka District current Kalungu District, Lukerere village in 1984, Central Region of Uganda. Hamis Kiggundu is estimated to have an annual income of 100 million US Dollars in 2021 which his highest annual earning. This matches with my philosophy of applying reason in any prevailing circumstances. He is a Ugandan entrepreneur who started off as a simple hardware shop owner in the city of Kampala. 3,500. Hamis Kiggundu aka Ham is a Ugandan businessman, real estate and property developer, investor, a lawyer by profession, philanthropist and author. Thereafter, he ventured into real estate, Transportation, technology, and the industrial sector which necessitated his rise to financial influence. I advise them to take social responsibility, connect their vision to their personal values. 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. I equally own Hamz Link Ltd, a multimedia platform company based in Edmonton Canada. 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. Tell us about that business. The list of the richest people in Uganda 2022 includes native Ugandans as well as businessmen who are born to immigrants. Muwonge makes all the money and takes it all. Ham Group of Companies [1] is a Ugandan Multinational corporation privately owned conglomerate, founded by Hamis Kiggundu who is the majority share holder in each of the companies in the group. All Rights Reserved. [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. So, Ham Towers was the first building in our portfolio and our flagship property. [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]. Businessman, entrepreneur, investor, lawyer, This page was last edited on 18 April 2023, at 08:40. The Book became a bestseller in Uganda and by December 2018. He has been listed among the most generous Ugandans and Africans on the Caxton magazine list. [14], He joined the Law Development Centre where he graduated with a diploma in legal practice. Banks are equally driven by a profit motive just like private companies. 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. ", "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. 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. [8], Kiggundu was born in 1984 in Masaka District in the Central Region of Uganda. [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. This project was a success, and Kiggundu opened Ham Shopping Mall 18 months later in 2010. Alykhan Karmali is among the richest people in Uganda born to immigrants. The Ham Group stands as a benchmark for new traders as well as a symbol of business excellence and innovation. [7], He is one of the wealthiest people in Uganda with an estimated net worth of US$971 Million (March 2021 Forbes). 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. [64], Couldn't parse video from https://youtube.com/@HamisKiggundu. He became a distributor of commodities in Uganda, Sudan, DRC, Tanzania and Kenya. In another case, Kiggundu and Buganda Kingdom are currently pulling ropes with the Buganda Kingdom over Kigo Land. In 2018, Hamis Kiggundu was awarded as a way of acknowledging his book titled: Success and Failure Based on Reason and Reality. Ugandan business magnate, Internet entrepreneur, philanthropist, and author [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. 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. Hamis Kiggundu on Operation Mindset Change Its our obligation to spearhead development of our motherland within parameters of REASON andREALITY BRAIN POWER - Obugagga bwa Hamis Kiggundu. He has gone on to use his success to benefit those in his community, making projects such as these a reality in Uganda. In April 2021, Forbes Magazine Valued his net worth at US$870 million. They must have the ability to anticipate change and most importantly they must be courageous enough to abandon their past. This gave me the opportunity to test the entrepreneurial waters. Kiggundu was born into privilege and he admits that much. It was exciting. However, Sudhir has continued to invest in upscale accommodations and office spaces, as well as commercial buildings in DownTown Kampala. The Ham Group sees itself as a leader in terms of providing quality services as well as aiming to expand outside its local borders. 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. Kiggundu began small locally dealing in merchandise from first-hand importers abroad, and selling them at a profit. Unless born in success like Kings, Queens, Princes and Princesses, for most of us this journey comes with a lot of challenges and hardships. Karim Hirji USD 800m Can you tell us about your upbringing in Uganda and how your early years shaped your outlook on business? 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. His drive and enthusiasm would quickly thrust the enterprise into a new era and become the vision of the organisation. Top Best 10 Richest Musicians in Uganda. 4million) over the course of 10 years. 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. 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. How old is Uganda? Sudhir Ruparelia has sat on top of Ugandas rich list for a long time. The court also issued a permanent injunction to prevent DTB from enforcing the mortgages over Kiggundu's properties. Succesful Legal Battles In February 2020, Hamis Kiggundu dragged Diamond Trust Bank to court over fraud issues. It is said Lubega builds or buys a new building of not less than USD7 million, every 6 months with money he collects from rent. According to Forbes, he has a net worth of $900 million. 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. School of Law, Makerere University, Kampala (Bachelor of Laws), Businessman, entrepreneur, investor, lawyer, Investments, Business, Need for Banking Reforms in Uganda, Success and Failure Based on Reason and Reality, Opinion on Africa's Problems and Solutions based on Reason and Reality, New App to inspire Ugandan youths, boost tourism, Real Estate and Agro-processing in Uganda: An Interview with Hamis Kiggundu of Ham Enterprises, "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", "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. 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