Ugandan billionaire Sudhir Ruparelia buys Old Mutual's Kampala building
Sudhir Ruparelia has bought Old Mutual's former UAP Insurance building on Kimathi Avenue in Kampala as the insurer sells off property across East Africa.
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Sudhir Ruparelia has bought Old Mutual's former UAP Insurance building on Kimathi Avenue in Kampala as the insurer sells off property across East Africa.
Sudhir Ruparelia received a Shs2.25 billion dividend from Bank of Baroda Uganda. His stakes in two listed lenders are worth about $15.3 million.
Sudhir Ruparelia was expelled from Uganda at 16 with nothing, worked in UK factories to survive, then returned in 1985 with $25,000 and built the country's largest business empire worth $1.2 billion.
Uganda's motorsport community gathered on May 3 to honor Rajiv Ruparelia, son of billionaire Sudhir Ruparelia, one year after his death.
Sudhir Ruparelia's Meera Investments is building One-10 Apartments, a 15-story luxury residential tower in Kampala's prestigious Kololo neighborhood.
Uganda's richest man Sudhir Ruparelia has denied filling or degrading Lake Victoria, saying work at his resort is NEMA-approved flood protection.
Ugandan businessman Sudhir Ruparelia and his wife, Jyotsna, launched 100 full scholarships at Victoria University under a bursary named for their late son, Rajiv, marking one of the largest single-year awards in the school’s history.
The 19-story tower, completed this month, is the first phase of the sprawling Pearl Business Park, a multi-billion-dollar development that aims to create a mixed-use enclave featuring office spaces, retail outlets, health facilities, and leisure amenities.
Ruparelia had a $1.1-billion net worth in 2012.
Ruparelia had a net worth of $1.1 billion in 2012.
The Pearl Business Park is an 18-acre mixed-use facility that will host a five-star hotel, mall and modern hospital.