Some of the richest people on the continent reside in Ghana, one of West Africa’s largest economies. Thanks to its abundant human, cultural, tourism, mineral, and other resources, it is one of Africa’s greatest achievements.
Ghana is a diverse nation, therefore it’s not surprising that certain well-known individuals who have earned the moniker “the richest men in Ghana” have substantial wealth.
We’ll look at the 10 richest men in Ghana, their professions, and current net worth in this post. You’ll also learn some fascinating facts about each of them.
|Rank||Richest Men in Ghana||Estimated Net Worth|
|1||Ernesto Taricone||$1.3 Billion|
|2||Dr. Kwame Addo-Kufuor||$1.2 Billion|
|3||John Mahama||$900 million|
|4||The Irani Brothers||$800 million|
|5||Kwaben Duffuor||$680 million|
|6||Samuel Esson||$650 Million|
|7||Ghassan Yared||$480 Million|
|8||Serge Bakalian||$460 Million|
|9||Dr. Kwesi Ndoum||$300 Million|
|10||Nana Akufo-Addo||$250 Million|
1. Ernesto Taricone
If you’ve ever wondered who the wealthiest person in Ghana is, read on. Here is your response: Ernesto Taricone is the richest person in Ghana as of right now.
Although he was born in Italy, he recently became a citizen after through a naturalisation process. Taricone chose to relocate to Ghana and undertake a variety of investments in all facets of the country’s economy after realising the potential of the Ghanaian economy.
In a few decades, Taricone has been able to increase his wealth from millions to billions while serving as the CEO and Executive Chairman of the Trasacco company.
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2. Dr. Kwame Addo Kuffuor
Popular Ghanaian politician and surgeon Kwame Addo-Kufuor served in a number of political positions when he was in the military.
Manhyia’s representative in parliament was Addo-Kufuor. became the Minister of Defense from 2001 until 2007 after President John Kufuor, his brother, appointed him.
He was also nominated to serve as Ghana’s interior minister from June 2008 to June 2009.
Addo-Kufuor spent five years studying medicine at the University of Cambridge. He continued his studies in this area at Jesus College and the Middlesex Medical School Hospital after earning his bachelor’s degree.
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3. John Mahama
On the list of the top 10 richest men in Ghana, John Mahama is ranked third. In 2012, he took over as president of Ghana, succeeding Atta Mills, who had passed away.
Mahama began his professional life as a historian, journalist, and communications specialist. He has held a number of notable posts throughout his political career, including vice president of Ghana and minister of communications. He was also a member of the Ghanaian parliament.
Mahama began his career as a secondary school history teacher before taking on any of these political positions.
But he went on to pursue his Master’s degree in Russia. He was hired as the Information, Culture, and Research Officer at the Japanese Embassy in Ghana soon after his return.
He joined the Ghana Country Office of the NGO Plan International, where he worked as the international relations, sponsorship communications, and grants manager, to further expand his knowledge and proficiency in politics.
4. Irani Brothers
In Ghana today, The Irani Brothers are extremely well-liked. For more than 20 years, they have been a household name, providing the people of the nation with high-quality flour and pastries.
These brothers have made enormous progress in Ghana, particularly in the nation’s flour industry, since they produce 55% of the country’s flour and pastries that are devoured by its people. They have such a significant impact on Ghana’s economy that it is impossible to ignore them.
The brothers’ firm, which had initially focused on milling and selling flour, grew to include pastries after seeing tremendous success in both areas.
This is a result of the sector’s existing businesses being unable to keep up with the rising demand for pastries. The company now produces up to 200,000 metric tonnes of flour annually. They are just unrivalled in terms of their position in Ghana’s flour sector.
5. Kwabena Duffuor
One of the well-known people in Ghana is Kwaben Duffuor, who has held the positions of governor of the Bank of Ghana and minister of finance.
After putting policies into place to assist in enhancing Ghana’s reserves, Duffuor was recognised for his achievements while serving as the Governor of the Bank of Ghana.
This led to the country’s economy gradually expanding, reaching its peak in 1998. Duffuor excelled at his position to the point where he was recognised as one of the world’s top central bank governors at the annual IMF/World Bank meetings. His noble deeds merit his wealth, which places him among Ghana’s wealthiest men.
6. Samuel Esson Jonah
Speaking of successful businessmen, Samuel Esson Jonah is the cream of the crop and one of the wealthiest people in Ghana. Over the past 20 years, Jonah has shown his business savvy in a number of capacities in Ghana’s business and industry.
He has so put a lot of effort into earning every dollar he has and is now one of Ghana’s richest men. In addition to serving as the Executive Chairman of Jonah Capital, which he created, Jonah is currently the Chancellor of the University of Cape Coast.
Before becoming an adult and being famous, Jonah started his work with the Ashanti Goldfield Corporation, where he held several responsibilities at various times.
Jonah worked his way up through the ranks of the business to become its CEO and director. While serving in this capacity, he implemented numerous procedures that greatly increased the company’s production.
He progressed up the corporate ladder with businesses like Vodafone, the National Academy of Engineering, Equinox Minerals, and others. He is now the sixth-richest person in Ghana.
7. Ghassan Yared
Yared is one of the well-known individuals on this list of the richest men in Ghana who started from nothing to build a commercial empire.
Credit must be given to him for his efforts to improve both his own life and the lives of those around him, considering his humble beginnings.
He has been able to revolutionise Ghana’s economic sector with his keen business sense and innovative ideas, setting trends that have significantly boosted the country’s economy.
In 1993, Yared founded Forewin Ghana Limited, a marketing and distribution business. Over time, this corporation grew to be so large that it had to be divided into several subsidiaries, including Mabani Ltd, Mass Industrial Ltd., Lewadis FZE, Diplo FZE, Cape Trading Ltd., and HMD.
Each of these businesses is authorised to distribute popular Ghanaian brands including Red Bull, Peak Milk, Titus Sardines, and others.
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8. Serge Bakalian
Bakalian is listed among the wealthiest men in Ghana despite having mixed ancestry and Armenian origin.
Bakalian became as wealthy as he is because to inheriting the flour mill company his father founded, in contrast to most people on this list who became millionaires on their own through independent business initiatives.
Bakalian has been able to take the business to new heights since he inherited it by employing successful business tactics that have helped the company generate millions of dollars in earnings.
Although most people might have assumed he had it easy after receiving such a large inheritance from his father, he deserves praise for being able to boost the company’s net value in just a few short years.
9. Dr. Kwesi Ndoum
The next man on our list of the top 10 richest men in Ghana is Dr. Kwesi Ndoum. He is a well-known businessman and politician who has served in leadership positions during many Ghanaian administrations.
Most notably, between 2001 and 2007, He held different ministerial positions in the Kufuor administration while serving as a member of parliament for the Komenda-Edina-Eguafo-Abirem constituency.
He lived much of his life in the United States before rising to prominence in the Ghanaian community.
10. Nana Akufo-Addo
The first Ghanaian president and founding citizen, Nana Akufo-Addo, is included among the richest men in the country.
The incumbent president of Ghana has made a significant contribution to the development and industrialisation of the nation since entering office. Before entering office as president, he served as the nation’s attorney general for two years, from 2001 to 2003.
He spent four years as the nation’s Minister of Foreign Affairs after serving as the nation’s Attorney General.
Adeline and Edward Akufo-Addo, who held important posts in Ghana while still in the military, were the parents of Nana Akufo-Addo, a member of the royal family. His father previously served as both the nation’s non-executive President and Chief Justice.