20 Richest People in Ghana

Ghana’s Richest Men

Economic growth, successful entrepreneurship, and visionary leadership have significantly shaped the wealth landscape in Ghana. Several individuals in Ghana have amassed huge amounts of wealth as a result of smart and well-timed business decisions.

Ghana’s Richest Men

Here is a list of the 10 richest people in Ghana in 2023! West African nation boasts a plethora of influential figures whose wealth has been accrued from a variety of sectors such as mining, real estate, and telecommunications. Today, we spotlight the top 10 richest men in Ghana for 2023, their sources of wealth, and how they have contributed to their nation’s growth.

1. Charles Ampofo: The Distinguished Business Tycoon

Charles Ampofo, holding the prestigious title of the richest man in Ghana in 2023, earned his fortune through successful business ventures in Oil and Gas, Real Estate, and Hospitality. Ampofo’s entity, the Kampac Group, operates in more than 23 countries globally, thus earning him a net worth of over $1.46 billion.

2.. Ernesto Taricone: The Real Estate Magnate

Ernesto Taricone, the Executive Director of Trasacco Group, ranks second on our list. With a net worth of $1.3 billion, Taricone has established himself as a formidable figure in Ghana’s real estate and construction sectors.

Ernesto Taricone is the richest man in Ghana with a net worth of $1.3 billion. He is the founder and chairman of the Trasacco Group, a conglomerate with interests in agriculture, construction, real estate, and hospitality. Taricone was born in Italy in 1950 and moved to Ghana in the 1980s. He started his business career by importing building materials and then expanded into real estate development. The Trasacco Group is now one of the largest real estate developers in Ghana and owns a number of high-end residential and commercial properties. Taricone is also a major investor in the agricultural sector and owns a number of large farms in Ghana.

3. Dr. Kwame Addo-Kufuor

Dr. Kwame Addo-Kufuor is the second richest man in Ghana with a net worth of $900 million. He is a businessman and politician who served as the 7th Vice President of Ghana from 2001 to 2009. Addo-Kufuor is the founder of the CONCORD Group, a conglomerate with interests in banking, insurance, healthcare, and real estate. He also owns a number of hotels and resorts in Ghana. Addo-Kufuor is a graduate of the University of Ghana and Harvard University. He is married to Theresa Kufuor and they have four children.

4. John Mahama

John Mahama is the third richest man in Ghana with a net worth of $850 million. He is a politician who served as the 4th President of Ghana from 2012 to 2017. Mahama is the founder of the Thinkers’ Company Limited, a consulting firm. He also owns a number of media outlets in Ghana. Mahama is a graduate of the University of Ghana and the University of Bristol. He is married to Lordina Mahama and they have four children.

5. Mohammed Ahmed Odaymat

Mohammed Ahmed Odaymat is the fourth richest man in Ghana with a net worth of $800 million. He is a businessman who is the founder and chairman of the Engineers and Planners Company Limited, a construction company. He is also the owner of the Odaymat Group, which has interests in real estate, hospitality, and energy. Odaymat was born in Lebanon and moved to Ghana in the 1970s. He started his business career by working as a construction engineer and then founded his own company in 1980. The Engineers and Planners Company Limited is now one of the largest construction companies in Ghana and has built a number of major infrastructure projects, including the Accra-Tema Motorway.

6. Sir Sam Jonah: The Mining Mogul

Sir Sam Jonah, a titan in Ghana’s mining industry, has a net worth of $700million. Jonah’s extensive portfolio includes his position as the executive chairman of Jonah Capital, a holding company with interests in sectors such as mining, real estate, and agriculture.

7. Nabil Edmond Moukarzel: The Food and Beverage Pioneer

Nabil Edmond Moukarzel, the majority shareholder of Fina Trade Group, ranks fourth on our list with an estimated net worth of $900 million. The Fina Trade Group is one of West Africa’s largest distributors of food and beverages.

8.. Michael Ibrahim Mahama: The Agribusiness Icon

Michael Ibrahim Mahama is a renowned name in Ghana’s agribusiness sector. His company, Engineers, and Planners, is the largest indigenous-owned mining company in West Africa. Mahama’s net worth stands at an impressive $600 million.

9. Dr. Kwame Despite The Media and Broadcasting Powerhouse

Dr. Kwame Despite, with a net worth of $720 million, made his wealth in media, broadcasting, and the automotive industry. His business ventures include Despite Media Group and Best Point Savings & Loans.

10. Dr. Kwabena Duffuor: The Banking and Finance Visionary

Dr. Kwabena Duffuor, with a net worth of $680 million, has left an indelible mark in Ghana’s banking sector. He was the founder of the House of Duffuor Asset Holdings and was a one-time Finance Minister in Ghana.

11. Ramchand Udharam Mohinani: The Diversified Business Leader

Ramchand Udharam Mohinani is a standout figure in Ghana’s business landscape with diverse interests in sectors such as manufacturing, trading, and hospitality. Mohinani has a net worth of $580 million.

12. Patricia Poku-Diaby: The Cocoa Production Trailblazer

Patricia Poku-Diaby, the only female on this list, has made her mark in Ghana’s cocoa industry. Through her company, Plot Enterprise Group, she has amassed a net worth of $720 million.

13. Joseph Siaw Agyapong: The Waste Management Innovator

Joseph Siaw Agyapong, founder of the Jospong Group of Companies, rounds out our top 10 list. Agyapong, with a net worth of $600 million, has revolutionized Ghana’s waste management and sanitation landscape.

The other richest men in Ghana are:

# 14. The Irani Brothers – $800 million. They are a family of businessmen who are the owners of the Persianas Group, a conglomerate with interests in textiles, manufacturing, and real estate.
#15. The Kalmonis – $700 million. They are a family of businessmen who are the owners of the Kalmoni Group, a conglomerate with interests in food processing, manufacturing, and real estate.
#16.Kwabena Duffuor – $680 million. He is a businessman and politician who served as the 12th Governor of the Bank of Ghana from 2009 to 2012. He is the founder of the HODA Group, a conglomerate with interests in banking, insurance, and real estate.
#17. Sam E. Jonah – $600 million. He is a businessman who is the founder and chairman of Jonah Capital, an investment firm. He is also the former CEO of Ashanti Goldfields Company Limited, a gold mining company.
#18. Charles Ampofo – $500 million. He is a businessman who is the founder and chairman of the Kampac Group, a conglomerate with interests in oil and gas, real estate, and hospitality.
#19. Alhaji Baba Kamara – $400 million. He is a businessman who is the founder and chairman of the LuLu Group, a conglomerate with interests in retail, hospitality, and real estate.

These men have all made their fortunes through a variety of industries, including real estate, construction, manufacturing, finance, and natural resources. They are all successful entrepreneurs who have shown great vision and determination in building their businesses. Their wealth has made them some of the most influential people in Ghana and they play a significant role in the country’s economy

Review: Ghana’s Economic Titans

These top 10 richest men in Ghana, including a powerful woman, have indeed created an incredible legacy in Ghana.

They have transformed various industries, created jobs, and fostered economic growth, demonstrating the power of entrepreneurship and leadership in spurring national development.

As we continue to explore the landscape of wealth in Ghana, it’s essential to celebrate these figures, not only for their personal achievements but also for their contributions to their nation’s socio-economic development. Their stories serve as motivation for the next generation of Ghanaians to aspire, innovate, and contribute to their nation’s wealth.