Sudhir Ruparelia Net Worth

Sudhir Ruparelia is a Ugandan entrepreneur and founder of the Ruparelia Group, one of the largest conglomerates in the country. Born in 1956, he was expelled from Uganda by President Idi Amin in 1972, but returned in 1985 to start building his empire. He began by importing beer and salt from Kenya and then opened a foreign exchange bureau, which led to his entry into commercial banking. Over the years, he has acquired a commercial bank, a string of hotels and country clubs, more than 200 commercial properties, and most recently, Victoria University in Kampala.
Sudhir Ruparelia is a member of Diversified

Age, Biography and Wiki

Birth Day January 17, 1956
Birth Place Uganda
Sudhir Ruparelia age 68 YEARS OLD
Birth Sign Aquarius
Residence Kampala, Uganda
Education A-Levels (United Kingdom)
Occupation Businessman, entrepreneur, investor
Years active 1986 - present
Spouse(s) Jyostna Ruparelia (m. 1977)
Children Meera, Rajiv, Sheena

💰 Net worth: $800 Million (2024)

Sudhir Ruparelia, a prominent businessman and entrepreneur, is estimated to have a net worth of $800 million by 2024. Hailing from Uganda, Sudhir Ruparelia is widely recognized as a diversified figure in the country. With his extensive business ventures in various industries, including banking, real estate, and hospitality, he has achieved remarkable success over the years. As the founder and chairman of the Ruparelia Group, Sudhir Ruparelia has played a crucial role in the economic development of Uganda, creating employment opportunities and contributing to the growth of the nation's economy.

2014 $1.1 Billion
2015 $1.1 Billion
2018 $1.1 Billion

Some Sudhir Ruparelia images



Ruparelia was born in Kabatoro, Kasese District in the Western Region of Uganda to an upper-middle-class Gujarati family. His great-grandfather reached Mombasa, Kenya in 1897 from India and set up a trading store there before coming to Uganda in 1903. His grandfather was born in Uganda in 1918 and his Father in 1932. Ruparelia has two sisters and one brother. He attended Bat Valley Primary School in Kampala, from P1 to P6, then Jinja Main Street Primary School in Jinja for P7 and Jinja Secondary School. In 1971, he joined Kololo Senior Secondary School.


He moved to the United Kingdom with his parents in 1972 at the age of 16, when the dictator Idi Amin expelled all Asians from Uganda. He returned to Uganda in 1985, with US$25,000 earned from several Casual jobs including working in supermarkets, factories, and butcheries. Ruparelia started selling beer and spirits imported from Kenya. In 1989, beer importation was banned to encourage local brewing of alcohol and he realised he could not make beer. But since his customers, who were mainly foreigners, paid him in foreign currency, he started Crane Forex Bureau, the first in Uganda. With his profits, Ruparelia ventured into other businesses, including forming Crane Bank in 1995. Later, he organized his businesses under the umbrella of the Ruparelia Group.


Ruparelia is married to Jyotsna, and they have three children: Meera (married to Ravi Kotecha in 2014) is the eldest, Rajiv is his only son, and Sheena is the younger daughter. Meera and Rajiv hold senior positions in the conglomerate. Chaitanya Joseph Darsi is his good friend and Business advisor.


According to Forbes in 2015, he was the 27th wealthiest individual in Africa, with an estimated net worth of US$800 million. On 20 October 2016, the Bank of Uganda, which regulates all banks in Uganda, took control of Crane Bank, the largest subsidiary of the Ruparelia Group, due to a significant decline in capital and potential run on the bank.