Age, Biography and Wiki
Mohammed Hamid was born on 1976 in Wau, Sudan, is a Ugandan investor. Discover Mohammed Hamid's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 48 years old?
| Popular As |
N/A |
| Occupation |
Businessman, entrepreneur, investor |
| Age |
48 years old |
| Zodiac Sign |
N/A |
| Born |
1976 |
| Birthday |
|
| Birthplace |
Wau, Sudan |
| Nationality |
Uganda
|
We recommend you to check the complete list of Famous People born on .
He is a member of famous Businessman with the age 48 years old group.
Mohammed Hamid Height, Weight & Measurements
At 48 years old, Mohammed Hamid height not available right now. We will update Mohammed Hamid's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Mohammed Hamid Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Mohammed Hamid worth at the age of 48 years old? Mohammed Hamid’s income source is mostly from being a successful Businessman. He is from Uganda. We have estimated Mohammed Hamid's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Mohammed Hamid Social Network
Timeline
He is the owner and chairman of the executive board of directors for the Aya Group.
Hamid was born in the Sudan circa 1976.
In 1987, he traveled to Uganda for the first time to visit his elder brother, Mohammed El Hamid, who operated a commodity trading business called Pan Afric Impex.
He fell in love with the country and stayed.
The younger Mohammed worked with his elder brother until the early 1990s when he started his first company, Pan Afric Commodities, also a commodities trading business.
In 1997, he bought a 15 acre piece of land in Kawempe, a suburb of Kampala, where he relocated the machinery and started milling wheat.
Later he bought more mills and started baking bread and confectioneries.
Later, he started a trucking business, FIFI Transport Uganda Limited, later renamed Panafric Transport, which is a leading hauler in the East and Central African region", with a current fleet of hundreds of heavy duty Scania and MAN prime movers and semi trailers
In July 2015, he was reported by Forbes to be one of the Richest Ugandans with a networth of USD$200 Million but run bankrupt in April 2023 after liquidation of his company AYA investments Uganda Ltd started resulting from failure to clear accumulated debts from creditors, suppliers, utility bills and government taxes.
. One of his companies, Aya Investments, is the developer of the Pearl of Africa Hotel, launched in 2017 by President Yoweri Museveni.
In 2018, Forbes listed Hamid among the 5 young African Millionaires to watch.
In April 2023, Hamid run bankrupt after court court-appointed the director of insolvency and receivership at the Uganda Registration Services Bureau (URSB), the official receiver, and subsequently, the provisional liquidator after liquidation process of his company AYA Investments Uganda Ltd commenced, his hotel was subsequently renamed from Pearl of Africa Hotel to Win 5 Hotel.
His bankruptcy resulted from Aya's failure to clear accumulated debts in excess of US$300 Million from creditors, supplier, accrued government taxes arrears, failure to pay utility bills and breach of insurance contracts.
