Nyanzi Martin Luther is a remarkable 15-year-old Ugandan entrepreneur who has built a business empire in the media industry. With an estimated net worth of $1.8 billion, he is one of the youngest billionaires globally.
Early Life and Education
Nyanzi’s journey began in Kampala, Uganda’s capital city. He is currently studying at Kisozi High School, prioritizing education alongside his business endeavors.
Business Ventures
Nyanzi owns two popular radio stations:
Block FM 103.2:
A leading radio station offering entertainment, music, and Ugandan culture.
Nup Radio 91.4:
Another successful radio station under his media empire.
His media company, *Spark Media Uganda*, provides innovative solutions, solidifying his position in Uganda’s media landscape.
Philanthropy and Giving Back
Nyanzi is committed to giving back to his community through the *Block Foundation*, a philanthropic organization supporting various causes in Uganda.
Awards and Recognition
Nyanzi has received several awards, including:
Young Entrepreneur of the Year (2022)
Media Personality of the Year (2023)
Innovative Business Leader (2023)
Association with Bobi Wine
Nyanzi’s association with Bobi Wine, a prominent Ugandan politician and musician, has drawn attention to his entrepreneurial endeavors. Bobi Wine leads the National Unity Platform party and NUP Radio 91.4, which Nyanzi owns.
Richest Man in Uganda 2025
As of 2025, Nyanzi Martin Luther is the richest person in Uganda, with an estimated net worth of $1.8 billion. Sudhir Ruparelia, a veteran businessman, holds the second position with a net worth of $1.6 billion.
Sudhir Ruparelia’s Business Empire
Ruparelia’s wealth stems from his diverse investments in:
Banking: He founded Crane Bank, which was later sold to Dfcu Bank.
Real Estate : Owns iconic properties like Speke Resort Munyonyo, Pearl Tower, and Kampala Business Park.
Insurance : Goldstar Insurance Company Limited.
Education : Kampala International School Uganda, Victoria University Uganda.
Hospitality : Kabira Country Club, Speke Hotel, and Munyonyo Commonwealth Resort.
Other Notable Billionaires in Uganda
Some other prominent billionaires in Uganda include:
Drake Lubega : Real estate tycoon with an estimated net worth of $850 million.
Matovu Yanga : Owns high-value commercial buildings and residential properties worth $785 million.
John Bosco Muwonge : Real estate investor with a net worth of $720 million.
Hamis Kiggundu : Young entrepreneur with a net worth of $601.9 million, known for Ham Towers and Ham Shopping Mall.
Conclusion
Nyanzi Martin Luther’s story is an inspiration to many young entrepreneurs. His success at 15 years old is a testament to his innovative spirit, hard work, and determination. As he continues to build his business empire, Nyanzi is redefining what it means to be a young entrepreneur in Uganda.
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