|Birth Day:||January 17, 1956|
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With the net worth of $1.1 Billion, Sudhir Ruparelia is the # 1127 richest person on earth all the time follow our database.
According to Forbes in 2019, he was the wealthiest individual in Uganda, with an estimated net worth of US$1.2 billion. 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.
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 fled 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 realized 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.
In 2007, Sudhir Ruparelia was awarded an honorary Doctor of Laws degree in business, by the Uganda Pentecostal University, in recognition of his contribution to Uganda's economic growth.
In February 2020, Sudhir Ruparelia was appointed as honorary Consul of the Republic of Nepal to Uganda, by Bidhya Devi Bhandari, the president of Nepal. On 17 March 2020, Ambassador Sudhir presented his credentials to Samuel Kutesa, Uganda's foreign minister. Sudhir will report to the nearest substantive Nepalese embassy, in Cairo, Egypt.
Currently, Sudhir Ruparelia is 66 years, 0 months and 8 days old. Sudhir Ruparelia will celebrate 67th birthday on a Tuesday 17th of January 2023. Below we countdown to Sudhir Ruparelia upcoming birthday.
Sudhir Ruparelia turns 62. Celebrates in posh birthday party. - Ghafla!Uganda
Tycoon Sudhir Ruparelia celebrated his 62nd birthday at his plush Kololo residence on Tuesday evening. Uganda’s richest man narrated that he woke up to a cuddle from his lovely wife Jyostna. When she asked what he wanted for his birthday he said he wanted a small cake. “I am watching my weight, so I wanted a small cake,” he told guests who included family, business associates and friends. Guests broke into hearty laughter, but as a matter of fact, the money-man looks trimmer and younger. download latest music Sudhir was the chief chef of the night cooking delicious Indian dishes for his guests. One of his major hobbies is cooking so he strapped up and hit the kitchen. It was a night of making merry, with guests turning the lawn into a dance floor after dinner. Of course drinks and cigars were in plenty. Here are some pictures from the epic night: