• Monday, 06 May 2024
THE STATESMAN  BILLIONAIRES INDEX: Top 20 Richest People In East Africa-2023

THE STATESMAN BILLIONAIRES INDEX: Top 20 Richest People In East Africa-2023

As of 
 
 The Statesman Billionaires Index is a Monthly ranking of the world’s richest people.
Details about the calculations are provided in the net worth analysis on each billionaire’s
profile page and the numbers represent the Ranks from number 1-20.
The figures are updated at the close of every trading day in Kenya.
 
East Africa is an African region that houses several fast-growing economies.
Observing the richest men in East Africa gives interesting perspectives about the region’s power rankings.
This is because it not only shows the region’ position as compared to other parts of Africa,
but also because it shows the state of the economies of each of the countries in the region.
As a matter of fact; the more vibrant economies have been known to attract businessmen
from outside the country, as we have seen recently in East Africa.

Top 20 Richest People In The World

 

  NAME   NET WORTH COUNTRY
1
Mohammed Dewji
 $1.5B Tanzania
2
Sudhir Ruparelia
 $1.3B Uganda
3
Mohammed Hamid
 $1.2B Uganda
4 Rostam Aziz  $1.1B Tanzania
5
Mayur Madhvani
 $1.0B Uganda
6 Hamis Kiggundu  $950M Uganda
7 Manu Chandaria  $900M Kenya
8 Said Salim  $800M Tanzania
9 Sameer Naushad  $780M Kenya
10 Karim Hijri  $760M Uganda
11 Bhimji Depar Shah  $750M Kenya
12 Mohammed JaMaffer  $720M Kenya
13
Alykhan Kharmali
 $700M Uganda
14 Jaswinder Singh  $680M Kenya
15 Ally Awadh  $650M Tanzania
16 Uhuru Kenyatta  $600M Kenya
17 Narendra Raval  $550M Kenya
18 Charles Mbire  $500M Uganda
19  Shekhar Kanabar  $490M Tanzania
20 Mahendra Rambgai  $470M Kenya

 

Source: The Statesman Media

Methodology: The Statesman Billionaires Index is a Monthly ranking of the world's richest people. In calculating net worth, The Statesman Media strives to provide the most transparent calculations available, and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied.

The index is a dynamic measure of personal wealth based on changes in markets, the economy and The Statesman reporting. Each net worth figure is updated every business day after the close of trading in Kenya. Stakes in publicly traded companies are valued using the share's most recent closing price. Valuations are converted to U.S. dollars at current exchange rates... 

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