South Sudan is a very wealthy country but the wealth and resources are being controlled by very few elites in the country. The country is currently facing hunger and the world is trying its best to avert the situation. We have billionaires in the country and they seem to be busy enjoying their wealth ignoring the suffering of the citizen.
Here are ten low-key, ultra-wealthy richest men in South Suan, entrepreneurs and business leaders. Each of them is worth millions of dollars. There are no politicians or criminals here — just good and maybe corrupt, successful businessmen.
1.Lawrence Lual Malong Yor Jr.
Lawrence Lual moved to South Africa in 2004 where he started from a humble background by scouting for investors to invest the vast wealth of resources in the country.
Lawrence Lual Malong Yor Jr. is a controversial figure. It is alleged that he made billionaire working on behalf of President Salva Kiir and ex-army chief of staff, Paul Malong. Hollywood actor George Clooney presented a report dubbed ‘Sentry Report’ that alleges Lawrence Lual Malong is Kiir’s associates, who refer to himself as “Young Tycoon” and does businesses on behave of President Kiir.
It is alleged that Lawrence who invests in the mining sector in South Sudan has accumulated wealth amounting to $2.4 billion according to Forbes Magazine while the South Sudanese are not benefiting from the vast country’s mining sector.
He has been accused of using his influence in the government to make millions after acquire mining rights and license.
If you have ever been to Juba, South Sudan then, over 60% of the building in Juba belong to Mr. Lokak who has invested a lot in real estate and construction business.
According to sources in Juba, he has assets worth over $350 million all over South Sudan.
3. Amina Kasha
Entrepreneur and businessman Amina Kasha supplies South Sudan entire market with goods annual worth millions of dollars.He owns South Sudan Palace Hotel and New Sudan Hotel in Juba. It’s alleged that he supplies the entire Konyo Konyo Market with food items.
4. Bona Bol Bol Arech
The founder and the CEO of Arech Group of Company which deals with wide range of businesses in Juba and entire South Sudan in general.His company has been contacted by Nilepet to import fuel into the country from East African countries.
Bol is the founder and CEO of Afriland Bank in Juba.
He has also invested in real estate business, with apartments in Juba and Uganda along Entebbe road.
Being the biggest shareholder behind South Subprime Airline, he falls to number five. According to sources in Juba Obac also supplies SPLA with uniform, boots, and stationeries.
Business Tycoon and a close associate to Salva Kiir, Makiir Gai is undisputedly a wealthy businessman in Juba. He owns majority shares in Alpha Bank.
He recently donated over half a million dollars to South Sudan Football Association and according to sources close to him he supplies and does procurement for the army.
He also owns major buildings in Juba.
7.Benjamin Bol Mel
Due to the current conflict in the country, Bol Mel wealth has greatly diminished because his main sources of wealth was the construction company, ABMC and since war broke out in 2013, he has greatly made a big lost.
According to media reports, he collectively owns Construction Company with President Kiir. He also has a stone crushing site at Jebel Kunjur not far from ABMC headquarters.
8.Ayii Duang Ayii
Ayii falls under number six because being an investor in hospitality sector which has been greatly affected by the current economic and political crisis in the country. He owns South Sudan Hotels which are found in major towns all over the country.
He also has over five hospitals in five states in the country.
Kur Ajing is the biggest cars dealer in the country. He suppliers SUVs to government institutions, and NGOs in the country. He is rumored to be a contracted supplier of food and uniform to army headquarters, Bilpham.
Haji John trails last being a share holder at ICB bank in Juba and a major car dealer in Juba. And apparently, he owns many shop and mini-supermarkets in Juba.
Whats do you think of the list of the richest men in South Sudan?