Type Private Conglomerate Website Homepage Founded 1985 | Industry Investments | |
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Key people Sudhir RupareliachairmanRajiv Rupareliaexecutive director Motto Serving To Grow And Growing To Serve Profiles | ||
The Ruparelia Group of Companies, commonly referred to as the Ruparelia Group, is a privately owned conglomerate in Uganda. Sudhir Ruparelia, a wealthy Ugandan businessman, is a shareholder in each of the companies in the Group.
Contents
Overview
Ruparelia Group is mainly involved in banking, foreign exchange bureaux, insurance, education, real estate development and management, floriculture, broadcasting, and hotels, and resorts. Sudhir Ruparelia, the Group's founder and chairman, is the majority shareholder in the companies that comprise the group. In November 2012, Forbes Magazine estimated his net worth at US$900 Million, making him the wealthiest individual in Uganda at the time.
History
As a young man in England, Sudhir Ruparelia successfully established a number of small businesses before returning to Uganda in the 1980s to take advantage of the improving political and business stability.
Subsidiary companies
As of April 2013, the companies of the Ruparelia Group included but were not limited to the following: