Following the death of city tycoon Eria Sebunya Bugembe aka Kasiwukira today morning, many people have been wondering who the members of the famous Kwagalana Group he was part of are.
And this has not been helped by the fact that rumors circulating indicate Kasiwukira could have been murdered by a member of the same group.
Today we unveil Kwagalana Group members.
Folks if you are not a multi-millionaire or were not born in a family of millions (and it’s not just millions) then don’t even waste your time on trying to become a member of this millionaires club that was set up in 2006. Initially called the Kikubo Kwagalana group and usually- actually still the norm- always hold meetings at Hotel International in Muyenga on Monday evenings. At these meetings they don’t only discuss formal issues but later go to the sauna, drink till some drop.
They also gossip. These millionaires own arcades, huge plots of land and big businesses in Uganda. They always encourage their children to inter marry reason.
It is practically impossible for a child of a Kwagalana member to marry outside the Kwagalana family.
Members of the Kwagalana group, Kampala’s exclusive club of billionaires, were worth over sh1, 000 billion. Twenty-four of the 40 members had their worth estimated at sh929 billion. Kwagalana is a luganda word meaning love for one another.
He needs no mention about his riches. He is money itself. Sudhir owns everything from schools, banks and hotels and is the richest member according to insider sources from the group. According to Forbes Africa, he is work over $1.1 billion.
They say that when Kirumira smiles money drops from his mouth. This fellow is also filthy rich. He is some sort of dealer of all trades from fuel stations to general merchandise. He owns several buildings, schools and arcades. He also owns two hotels and is estimated to be worth a cool shs200 billion.
Eriya Sebunya aka Kasiwukira (RIP)
He is a silent billionaire who prefers to keep in the shadows. However he amassed most of his wealth originally from his Kasiwukira Studios which dealt in not only music production but distribution and promotion.
He then invested in real estate and actually owns Temuseo Mpoza and Nalubwama arcades. His bank balance as of to date is estimated at Shs70 billion.
Just like kasiwukira, apart from Mugenga driving cars with personalized plates he could pass for a successful man like others if you bumped into him at a hotel. This laid back fellow is the owner of Speedy Flight and is said to own shares in Crane Bank. He is worth around Shs50 billion.
Gaster Lule aka Ntake
He is known to own Ntake bakery, and also owns a string of properties like the Nalule arcade in Nakasero. He also owns huge chunks of land in different affluent areas of this country but most especially in the Buganda region. He is one of the guys who funded the rehabilitation of Katwe martyrs church. He is worth over Shs30 billion.
You have definitely tasted the product that has given him the dime and it is the orbit chewing gum. He also owns a hostel in Nkozi and also owns three commercial buildings in Kikubo. Bbosa is worth almost Shs40 billion.
Haji Yusuf Matovu
He owns several exclusive houses in Muyenga that he rents out in dollars. He is also the owner of the Youma building on Kampala Road. He also deals in sanitary ware and tiles. His bankbalance is worth about shs50 billion.
Yiga is the owner of hardware deals, is a real estate dealer. He also owns several other properties in and around Kampala. Yiga is said to be worth shs25 billion.
He is into the transport sector and is said to own over 70 trailers. He runs his businesses all over East Africa and in South Sudan. He is known to be worth about shs80 billion.
You might have passed by his Gazaland shopping arcade on William street. This fellow also owns other buildings in town and deals in general merchandise. Kyesuwa is worth over shs32 billion.
This fellow is the proud owner of Embassy hotel in Kabalagala. He also owns HAKS car bond. The soft spoken Kakumba is worth about shs27 billion.
Bwogi owns houses in the rich man’s village of Kololo and also deals in different types of merchandise in Uganda. He also has interests in the fuel sector. He is worth shs50 billion.
He owns the famous Kizito Towers one of the first buildings that changed the skyline of down town Kampala. He also owns several houses across all the suburbs of Kampala. Dick is worth shs40 billion.
He deals in cement and also owns several buildings and huge chunks of land. Viva has a multibillion building in Ndeeba. He is worth shs18 billion.
Meddie Sebagala is the man behind Sebagala and Sons Electronics. He is a fellow who also owns houses in Kololo, Kawempe and Kisasi. He also owns World of Light in Kamwokya. However lately he is said to be in financial trouble. However, he is still worth about shs15 billion.
He is a spare parts dealer both in Ndeeba and Katwe. He also owns several buildings. He is said to be worth about shs10 billion.
Hajji Bulaimu Kibirige aka BMK
He is obscenely rich. He is into almost every business ranging from hotels to importing spare parts, cars and motor cycles. He is the owner of Hotel Africana. He is said to be worth a cool shs900 billion.
He owns Kings View hotel and deals in motor cycles in Ndeeba. He is also a force in the farming industry and has vast chunks of land in Mpigi. He is worth shs14 billion.
He has several houses in old Kampala. He is into real estate and owns huge chunks of land in Kisozi. He is about shs10 billion.
He owns Marvel Road Contractors. He also has several plots of land and houses in Kampala. Jolly is a good friend of Mengo. He has huge chunks of land in Butambala.
He owns Giant Shopping arcade in Kikubo, Mid City arcade in Nakivubo. He is also a wheat dealer who also has other properties in Kampala. He is worth shs40 billion.
Deo Kiwewa aka Kirowoza
He owns an arcade in Nakasero and mainly deals in gomesis. He is worth a cool shs7 billion.
This guy deals in to sanitary ware in Nakasero. This laid back Kwagalana group fellow owns several houses across the country plus huge chunks of land. He is said to be worth shs6 billion.
Babirye is into the cosmetics business and owns several properties in Kampala that include Park View, H and B plaza and Yamaha center. Babirye also owns properties in Makerere Kikoni and is worth shs70 billion.
Matovu owns Zayi Plaza, Ivory Tower and Sunset arcade. He is also into the importation of motor cycles and spare parts. He is worth shs72 billion.
He deals in car spare parts and also owns buildings in Ndeeba. He is said to be worth about shs34 billion.