Nationality Ugandan Name Charles Mbire Ethnicity Mukiga Role Businessman | Known for Wealth Years active 1980s — present Titles Chairman, MTN Group | |
Alma mater Essex University(Bachelor of Science in Economics)Leicester University(Master of Business Administration) Occupation ChairmanMTN UgandaEskom UgandaUganda Securities ExchangeDirectorRift Valley Railways Education University of Essex, University of Leicester Residence Nakasero, Kampala, Uganda, Uganda Similar People Patrick Bitature, Sudhir Ruparelia, Amos Nzeyi, Gordon Wavamunno, Andrew Rugasira | ||
Charles Magezi Mbire is a businessman, entrepreneur, and industrialist in Uganda. He was reported to be the wealthiest indigenous Ugandan, with an estimated net worth exceeding US$200 million as of January 2012.
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Background
Mbire was born Charles Magezi in 1959 to Ponsiano Mbire and Thereza Mbire in Mparo, Rukiga District, southwestern Uganda. He is the third-born in the family with three sisters, two of them older than him, and two younger brothers. He attended Kabale Primary School and Kitante Primary School for his elementary education. He studied at St. Mary's College Kisubi for his O-Level education. He then attended Namasagali College for his A-Level studies. He studied business and economics and graduated with the honors degree of Bachelor of Science, from Essex University in England. He went on to obtain a Master of Business Administration from Leicester University, also in the United Kingdom. His investments are in telecommunications, finance, energy, real estate, pharmaceuticals, agribusiness, and transportation.
Business interests
Mbire is part owner and member of the board of directors of the following Ugandan businesses:
Other responsibilities
Mbire was appointed chairman of the Uganda Securities Exchange in 2010. He is also a member of the Presidential Investor Roundtable, an elite group of businesspeople who advise the President of Uganda on how to improve business competitiveness and business conditions in the country.
Net worth
In December 2008, it was estimated that Mbire's net worth exceeded US$65 million. In January 2012, his net worth was estimated to have increased to greater than US$200 million.