2024 Ranking of the Richest Men in Ghana and their Respective Net Worth.

Ghana is one of the largest economies in West Africa and is home to some of the continent’s richest individuals, including the Richest Men in Ghana. The country has been developing at an unprecedented rate since 2012, and as a result of this development, many Ghanaians have gained a huge amount of wealth.

Because of its rich cultural heritage and abundance of natural resources, Ghana has gained recognition as the pride of Africa in recent times. The nation takes great satisfaction in being the second-biggest producer of cocoa worldwide. A nation that has strived to become one of Africa’s greatest has a promising stock exchange, ranking sixth on the continent.

Ghana is currently categorized as a middle-income nation as a result of these advancements. In a nation as diverse as Ghana, it is not surprising to find some well-known individuals dubbed “the richest men in Ghana” with enormous fortunes.

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The Top Richest Men in Ghana and Their Net Worth. [2024]

1. Charles Ampofo – $1.46 billion

One of the richest men in Ghana, Charles Ampofo is a businessman and entrepreneur from Ghana. The Kampac Group is a conglomerate with holdings in banking, real estate, and oil and gas. He founded the company and serves as its chairman.

With an estimated net worth of $1.46 billion, Ampofo ranks among the wealthiest people in Ghana. He has amassed a fortune through a number of lucrative business endeavors and investments, and he is well-known in the nation as an astute and prosperous businessman. Ampofo is well-known in Ghana for his charitable endeavors and participates in a number of charitable events.

2. Ernesto Taricone $1.3 billion.

Ernesto Taricone is the richest man in Ghana, worth $1.3 billion. Originally from Italy, he became a Ghanaian citizen through naturalization. Taricone moved to Ghana and invested in different parts of the country’s economy because he saw the opportunity there. As CEO of Trasacco Group, he has grown his investments from millions to billions in a short time.

His businesses now employ over 4000 people, both Ghanaians and foreigners, following Ghana’s policy to support local businesses. As a civil engineer, he created Trasacco Valley, known for its luxurious buildings in Ghana.

3. Dr. Kwame Addo-Kufuor $1.2 billion.

Dr. Kwame Addo-Kufuor ranked among the richest men in Ghana. He is a well-known politician and doctor, who has held some political posts. Addo-Kufuor studied medicine at the University of Cambridge before beginning his successful career, where he earned a bachelor’s degree in the field. In addition, he attended Jesus College and the Middlesex Medical School Hospital.

In terms of politics, Dr. Kwame represented Manhyia in parliament. He also held the position of Minister of Defense under President John Kufuor from 2001 to 2007. In June 2008 and June 2009, he served as Interior Minister.

4. Dr. Sam Jonah – $1.1 billion

Among the richest men in Ghana, Dr. Sam Jonah is a Ghanaian businessman and mining executive. He was born on November 19, 1949, in Obuasi, Ghana. As the CEO of Ashanti Goldfields Company Limited, one of the biggest gold mining firms in Africa until AngloGold bought it in 2004, Dr. Jonah is most renowned for this position. From 2004 to 2006, he also held the position of President of AngloGold Ashanti Limited.

Dr. Jonah is estimated to have a net worth of around $1.1 billion, making him one of the wealthiest individuals in Ghana. He has invested in various sectors, including mining, banking, and agriculture, and is also known for his philanthropic activities in Ghana.

5. Michael Ibrahim Mahama -$900 million

The largest mining company in West Africa owned by indigenous people, Engineers and Planners, was founded by Ghanaian businessman Ibrahim Mahama, who also owns some other companies in his own country. John Dramani Mahama, the President of Ghana from 2012 to 2016, is his younger brother.

After his return from London in 1997, Mahama founded Engineers & Planners. Currently, the company has about 3,000 Ghanaian workers. Mahama also owns a stake in Asutsuare Poultry Farms, a company founded in 2004 that raises 10,000 live broilers and 150,000 eggs daily.

Mahama also has stock in Dzata Cement Company, a Tema-based cement production facility that Ghanaians entirely own. The factory’s construction started in 2011, and by the time it opens for business in the first quarter of 2018, 1,200 direct employees should be created. Its annual cement production capacity is anticipated to be two million tonnes. Ibrahim Mahama is among the richest men in Ghana, with a net worth of $900 million.

6. John Mahama $900 Million

With an estimated net worth of $900 million, John Mahama is one of the richest men in Ghana and a former president of the country. John held the office of President of Ghana from July 2012 to January 2017.

Mahama started as a writer, historian, and communications specialist. Following the passing of his predecessor, John Evans Atta Mills, he assumed the office of Vice President and Minister of Communications in addition to being a member of the Ghanaian Parliament.

Mahama was able to amass the majority of his wealth during the course of his career. It is crucial to remember, though, that there were accusations of corruption while he was a political officer.

7. Irani Family-$800 million

With about 400 employees and a market share of approximately 55% in Ghana, Irani Brothers is the industry leader in the production of wheat flour.

Pastry flour and bread flour are Irani Brothers’ two primary products at the moment. The addition of pastry flour was a reaction to the rising local demand for the good, which was brought on by an increase in the quantity and capacity of Ghana’s biscuit factories as well as the introduction of numerous local pastry manufacturers.

Currently, the company imports over 180,000 metric tons of wheat each year, which makes up roughly 60% of Ghana’s wheat flour sales, and mills it into flour for bread and pastry.

The primary advantage Irani Brothers has over all other flour mills in Ghana is its capacity to obtain entire shiploads of wheat and to acquire the required financial arrangements. No other flour mill in Ghana can consistently get wheat in huge numbers.

Irani Brothers has the largest flour milling capacity in Ghana and accounts for 60% of total wheat flour sales. Irani Family is among the richest men in Ghana, with an estimated net worth of $800 million

Irani Brothers is the company that sells 60% of all wheat flour in Ghana and has the biggest flour milling capacity. The Irani family is thought to be worth $800 million, making them one of the richest men in Ghana.

8. Daniel McKorley – $700 million

Ghanaian business tycoon Daniel McKorley founded the McDan Group of Companies and serves as its CEO. He has over 10 years of experience as an entrepreneur and holds a degree in business management. McKorley won the Ghana Aviation Awards’ 2016 Entrepreneur of the Year title.

The McDan Group of Companies is led by Daniel McKorley as its chief executive officer. He disclosed that his inability to pay his tuition caused him to leave the university. Daniel McKorley, a renowned businessman in Ghana, was only able to complete his education after leaving the University of Ghana. He founded the McDan Shipping Company, which has its main office in Accra and offices in Tema and Takoradi. The company was founded in November 1999.

Thanks to collaborations with the World Cargo Alliance (WCA), Cross Trades, and the Universal Freight Organization, the company is present in more than 2000 major air and sea ports globally. Daniel McKorley is among the richest men in Ghana with a net worth of $700 million.

9. Kwaben Duffour – $680 million

Kwaben Duffuor was the Finance Minister of Ghana. The Bank of Ghana’s governorship was one of his previous positions. When the IMF and World Bank met in 1999, he was listed as one of the top four central bank governors globally. He holds fellow status at both the Chartered Institute of Bankers and the University of Ghana’s Akuafo Hall.

The company HODA Holdings, which operates in the insurance, banking, real estate, farming, mining, and media sectors, was founded by Duffuor, who also serves as its chairman. In March 2013, he founded and serves as president of the Institute for Fiscal Studies in Ghana, a non-profit research tank that offers training and economic advocacy.

In addition, he founded UniBank, which debuted in 2018 amid controversy. Kwabena Duffuor, whose estimated net worth is $680 million, is among the richest men in Ghana.

10. The Hitti Family-$540million

The HITTI Group offers more than 2000 employees, while Duraplast alone employs more than 500 people. The company plans to expand into mining, telecommunication, and oil and gas. Suvinil Paints controls about 25 percent of the paint market in Ghana, with ASHFOAM Mattress being the second-largest manufacturer of mattresses in Ghana.

Alwan Hitti is the Chairman and Chief Executive Officer of ASHFOAM, while Mireille Hitti is the Executive Director of Duraplast. At the same time, Bob Hitti is the General Manager of Nesstra Services (UK) Limited Ghana. Hitti Family is among the richest men in Ghana, with an estimated net worth of $540 million

11. Ghassan Yared $ 480million

Yared derived the majority of his wealth from Forewin, a corporation that is well-established in 10 districts of Ghana and has a strong foothold in 39 cities throughout the country. His extensive fleet of more than 400 mobile vehicles serves as a transportation hub connecting Ghana’s many districts with the main office located in Accra.

Additionally, Yared owns all 100% of the real estate company Mabani Holdings Ghana Limited. Mabani and Actis, a private equity real estate investor in Sub-Saharan Africa, have inked a joint venture agreement. Actis has made over US$ 150 million in real estate development investments in Africa.

On a seven-acre plot of land, Mabani Holdings and Actis are presently developing a 70,000-square-meter mixed-use office, hotel, residential, and retail complex. The first Radisson Blu Hotel in Ghana will be located on this property, named The Exchange, which is set to become a landmark development in the center of Accra, near Kotoka International Airport (KIA).

This project is valued at more than $80 million. Ghassan Yared is among the the richest men in Ghana, with an estimated net worth 480 million Ghassan Yared is one of the top 20 richest men in Ghana, with a net worth of $480 million

12. Serge Bakalian $460 million

Serge Bakalian, one of the richest men in Ghana, is a businessman of Armenian heritage who is reported to be worth $460 million. He is Takoradi Flour Mills’ executive director.

The business was left to Serge by his father, Vasken Bakalian. Since then, he has used effective business strategies to propel the company to new heights and generate millions of dollars in revenue.

At first, Takoradi Flour Mills could handle 200 metric tons of flour per day and employed 60 people. With three mills currently operating and a combined installed capacity of 1,000 metric tons per day, Takoradi Flour Mills

13. Dr. Kwaku Afriyie – $300 million

Dr. Kwaku Afriyie is a Ghanaian businessman and entrepreneur who is known for his success in various industries, including real estate, mining, and hospitality. He is considered one of the richest men in Ghana, with an estimated net worth of over $300 million.

Dr. Afriyie started his career as a medical doctor before branching out into a $300 business. He has built a successful empire with investments in various sectors of the Ghanaian economy. He is the founder and CEO of many companies, including a real estate development firm, a mining company, and a luxury hotel chain.

Dr. Afriyie is known for his philanthropic work in Ghana, particularly in the areas of healthcare and education. He has established scholarships for underprivileged students and funded the construction of hospitals and schools in rural communities.

14. Dr. Kwesi Ndoum $300 Million

With an estimated net worth of $300 million, Dr. Kwesi Ndoum is a well-known businessman, politician, and one of the richest men in Ghana. He has participated in multiple Ghanaian administrations in a variety of capacities.

Working for North-Western Mutual Life Insurance, Dr. Kwesi started as an underwriter for life insurance. After that, he worked for several companies in a variety of areas before entering politics.

He represented the Komenda-Edina-Eguafo-Abirem constituency as a member of parliament. From 2001 until 2007, he also held a number of positions as a minister of state in the Kufuor administration. For info visit this website

15. Nana Akufo-Addo $250 Million.

Nana Akufo-Addo is the current president of Ghana and one of the richest people in the country, with an estimated net worth of $250 million. He has played a significant role in the industrialization and prosperity of the nation.

Adeline and Edward Akufo-Addo, who both served in the military and held important positions in Ghana, were the royal family into which Nana Akufo-Addo was born.

He was the nation’s Attorney General for two years, from 2001 to 2003, before taking office as president. Before taking on the role of Minister of Foreign Affairs, he served as the nation’s Attorney General for four years.

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