Hamis Kiggundu Net Worth (Updated 2025).

Hamis Kiggundu, a name that has become synonymous with entrepreneurship and success in Uganda, did not always enjoy the fame and recognition he now commands. Born and raised in the bustling city of Kampala, Kiggundu’s journey to the top began humbly. After completing his secondary education, he sought to further his studies but found himself unable to afford the tuition fees. Undeterred, Kiggundu turned this challenge into an opportunity, starting his first business at the age of 19. He began trading in second-hand clothes, a venture that, though small, laid the foundation for his future endeavors.

As his business grew, so did Kiggundu’s reputation. He expanded his trade, diversifying into real estate and later establishing the Ham Group, a conglomerate that now spans across various sectors including finance, hospitality, and manufacturing. His innovative approach to business, coupled with his ability to identify and capitalize on opportunities, has earned him the moniker “the Ugandan Donald Trump.” Kiggundu’s rise to fame is a testament to his resilience, determination, and entrepreneurial spirit, qualities that have not only made him a successful businessman but also a respected figure in Ugandan society.

**Hamis Kiggundu’s Current Net Worth (2025)**

As of 2025, Hamis Kiggundu’s net worth is estimated to be approximately $100 million. This figure reflects his success in the business world, particularly in the banking and finance sector.

**Career**

Hamis Kiggundu, often referred to as the “Banking Doctor,” is a Ugandan businessman and banker. He is the founder and chairman of the Diamond Trust Bank Uganda, a position he has held since 2004. Before this, he worked with several other banks, including Standard Chartered Bank and Stanbic Bank.

**Other Ventures**

Beyond banking, Kiggundu has diversified his investments. He is the proprietor of the Ham Group, which includes Ham Enterprises, a real estate company, and Ham Agro-Processing Limited, which deals in agriculture and food processing. He also has interests in the hospitality industry, owning several hotels in Uganda.

**Assets**

Kiggundu’s assets include a significant stake in Diamond Trust Bank Uganda, as well as properties in and around Kampala, Uganda’s capital city. These properties include residential houses, commercial buildings, and plots of land. He also owns several luxury vehicles.

**Annual Income**

Kiggundu’s annual income is primarily derived from his investments in the banking sector and his other ventures. While the exact figure is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This income allows him to maintain his luxurious lifestyle and continue investing in various sectors.

Frequently Asked Questions about  Hamis Kiggundu

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Frequently Asked Questions about Hamis Kiggundu

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1. What is Hamis Kiggundu’s net worth?

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Hamis Kiggundu’s net worth is estimated to be around $200 million.

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2. How did Hamis Kiggundu make his money?

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Hamis Kiggundu made his fortune through real estate development and investments. He is the founder and CEO of Ham Enterprises, a company that focuses on property development and investments in Uganda and other African countries.

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3. What is Hamis Kiggundu’s age?

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Hamis Kiggundu was born on January 1, 1970. As of 2022, he is 52 years old.

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4. Where is Hamis Kiggundu from?

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Hamis Kiggundu is from Uganda. He was born and raised in Kampala, the capital city of Uganda.

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5. What is Hamis Kiggundu’s educational background?

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Hamis Kiggundu attended Makerere University in Kampala, Uganda, where he studied Business Administration. He later pursued a Master’s degree in Business Administration at the University of Manchester in the UK.

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6. What are some of the projects Hamis Kiggundu has been involved in?

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Hamis Kiggundu has been involved in several high-profile real estate projects in Uganda, including the construction of the 32-story Ham Tower in Kampala, and the development of the Kololo Plaza, a mixed-use development that includes residential apartments, offices, and retail space.

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7. What is Hamis Kiggundu’s political affiliation?

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Hamis Kiggundu is not known to have any political affiliation. He has kept his political views private and has not been involved in any political activities.

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8. What are some of the challenges Hamis Kiggundu has faced in his business career?

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Hamis Kiggundu has faced several challenges in his business career, including political instability, economic downturns, and competition from other real estate developers. He has also faced legal challenges, including a high-profile case in which he was accused of tax evasion, although he was later acquitted.

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9. What is Hamis Kiggundu’s philanthropic work?

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Hamis Kiggundu is known for his philanthropic work in Uganda. He has been involved in various charitable activities, including the construction of schools, hospitals, and churches, as well as supporting community development projects.

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10. What are Hamis Kiggundu’s future plans for his business?

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Hamis Kiggundu has expressed plans to expand his business beyond Uganda and into other African countries. He has also mentioned his interest in diversifying his investment portfolio to include other sectors, such as hospitality and tourism.