Mr Sudhir Ruparelia is Number 18 on Africa’s 40 Richest list – Forbes

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Sudhir Ruparelia

Net Worth

 

$900 M As of November 2012
 

Sudhir Ruparelia runs one of Uganda’s largest privately owned conglomerates, the eponymous Ruparelia Group. It owns hundreds of Ugandan properties, hotels, a country club, a chain of foreign exchange bureaus, a business that grows and exports roses and Crane Bank, the country’s second largest commercial bank. Born in Uganda, Ruparelia moved to the United Kingdom with his parents at age 16 after President Idi Amin expelled all Asians from the East African country in 1972. While in the U.K, Ruparelia worked small jobs. He returned to Uganda in 1985 with $25,000 in savings with which he started a commodities trading business and Uganda’s first foreign exchange bureau, the basis of the much larger business he owns today.

At a Glance
  • Age: 56
  • Source of Wealth: real estate, self-made
  • Residence: Kampala, Uganda
  • Country of Citizenship: Uganda
  • Marital Status: Married
  • Children: 3

 

Forbes Lists

 

Rank Name Net Worth ($ mil) Age
1 Aliko Dangote

Aliko Dangote

$12,000 55
2 Nicky Oppenheimer & family

Nicky Oppenheimer & family

$6,400 67
3 Johann Rupert & family

Johann Rupert & family

$5,700 62
4 Nassef Sawiris

Nassef Sawiris

$5,500 51
5 Mike Adenuga

Mike Adenuga

$4,600 59
6 Christoffel Wiese

Christoffel Wiese

$3,700 71
7 Othman Benjelloun

Othman Benjelloun

$2,750 80
8 Patrice Motsepe

Patrice Motsepe

$2,650 50
9 Naguib Sawiris

Naguib Sawiris

$2,500 58
10 Mohamed Mansour

Mohamed Mansour

$2,200 64
11 Onsi Sawiris

Onsi Sawiris

$2,170 82
12 Miloud Chaabi

Miloud Chaabi

$2,100 83
13 Yasseen Mansour

Yasseen Mansour

$2,000 51
14 Youssef Mansour

Youssef Mansour

$1,950 67
15 Desmond Sacco

Desmond Sacco

$1,400 70
16 Anas Sefrioui

Anas Sefrioui

$1,350 55
17 Stephen Saad

Stephen Saad

$975 48
18 Sudhir Ruparelia

Sudhir Ruparelia

$900 56
19 Jim Ovia

Jim Ovia

$825 58
20 Shafik Gabr

Shafik Gabr

$720 60

 

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