In our recent publication, we compared the wealth between Ghanaian businessman Ibrahim Mahama and that of international footballers Cristiano Ronaldo and Messi, and we came to a shocking outcome (I’m sure you’d want to see it – why don’t you read to find out for yourself here?)
In this article, TheDistin will share with you who the richest is among Ibrahim Mahama, Kennedy Agyapong, Osei Kwame Despite, and Freedom Jacob Caesar (born Nana Kwame Bediako formerly known as Cheddar).
One thing is common among these big names and aside from them being prominent within the Ghanaian media space, these individuals are all business moguls who earn their fortune from various endeavors.
Also, among them, one is a billionaire whereas the remaining are millionaires (in dollars) but certainly, all are billionaires in cedis.
Who are these individuals?
Ibrahim Mahama
Ibrahim Mahama is a Ghanaian businessman, entrepreneur, and philanthropist. He is the founder and CEO of Engineers and Planners Company Limited, which is one of the largest indigenous-owned mining companies in West Africa.
Mahama is also known for his work as an artist, using materials such as jute sacks, copper wires, and other recycled materials to create installations that explore themes of migration, trade, and globalization.
Additionally, he is actively involved in various philanthropic initiatives aimed at supporting education, healthcare, and infrastructure development in Ghana and other parts of Africa. Mahama is the younger brother of John Dramani Mahama, the former President of Ghana.
Ibrahim Mahama owns a private jet, which he bought for $25 million in 2013. The jet is an Embraer Lineage 1000E, and it was worth about $30 million at that time.
Kennedy Agyapong
Kennedy Agyapong is a Ghanaian businessman, politician, and member of parliament who represents the Assin Central constituency. He is well-known in Ghana for his outspokenness and controversial statements.
Agyapong’s wealth comes from his vast business empire, which includes interests in real estate, media, mining, and other sectors. He is the owner of Kencity Media Limited, which operates a number of radio and television stations in Ghana, and he also owns a number of companies involved in mining and construction.
In addition to his business activities, Agyapong has been involved in politics for many years and is a member of the ruling New Patriotic Party (NPP) in Ghana. He has served in the Ghanaian parliament since 2001 and has been re-elected multiple times. Agyapong’s political connections and business acumen have helped him to accumulate significant wealth over the years.
Osei Kwame Despite
Dr. Osei Kwame Despite is a Ghanaian businessman and entrepreneur who is the founder and CEO of the Despite Group of Companies. He is one of the wealthiest people in Ghana and has been recognized for his contributions to business and philanthropy.
Despite’s wealth comes from his diverse business interests, which include interests in real estate, media, and other sectors. He is the owner of UTV, one of the most popular television stations in Ghana, as well as Peace FM, Okay FM, Neat FM, and Hello FM, which are popular radio stations in the country. He also owns Neat Foods Company Limited, a leading producer of confectionery and other food products in Ghana.
Despite is also known for his philanthropic efforts. He has donated to a number of causes, including healthcare, education, and social welfare programs in Ghana. Despite’s success in business and his commitment to giving back to his community have helped to establish him as one of the most respected and influential businessmen in Ghana.
Freedom Jacob Caesar
Nana Kwame Bediako, also known as “Cheddar”, is a Ghanaian entrepreneur, real estate developer, and philanthropist. He is the founder and CEO of the Kwarleyz Group, a conglomerate that operates in a variety of sectors, including real estate, hospitality, and construction.
Bediako’s wealth comes primarily from his successful real estate development ventures, which have included luxury residential and commercial properties in Ghana, London, and other international locations. His company, Kwarleyz Group, has been involved in a number of high-profile real estate projects, including the construction of the landmark “Number One Oxford Street” building in London’s West End.
Bediako is also known for his philanthropic efforts, particularly his work with underprivileged children in Ghana. He has founded several charitable organizations, including the NKB Foundation, which is focused on improving education and healthcare for children in Ghana.
Bediako’s entrepreneurial success and dedication to philanthropy have earned him a reputation as one of the most influential and respected businessmen in Africa.
Who is richer among Ibrahim Mahama, Kennedy Agyapong, Osei Kwame Despite, and Freedom Jacob Caesar?
Ibrahim Mahama has an estimated net worth of about $860 million.
In an interview with British Ghanaian entrepreneur Akosua Dentaa Amoateng MBE, Kennedy Agyapong revealed he was worth more than $250 million, he added that he laughed when he once saw Denzel Washingston’s fortune and realised he is richer than him. Although Kennedy has in nowhere disclosed his exact fortune, GhanaInsider also pegs Kennedy Agyapong’s net worth at $1 billion. His annual income is believed to be $7.5 million from his businesses.
Dr. Osei Kwame Despite, an entrepreneur, philanthropist, and the CEO of Company Despite Group of Companies (DGC), reportedly has a current net worth of $800 million, per Yen.com.
Wonda World Estate and Petronia founder, Nana Kwame Bediako best known for his monikers Cheddar and now Freedom Jacob Caesar has a current estimated net worth of $4 billion, per VimBuzz.
From their estimated net worth, it is evident Nana Kwame Bediako is the richest among these Ghanaian business magnates followed by Ibrahim Mahama, then Osei Kwame Despite, and lastly, Kennedy Agyapong. Nonetheless, all are counted among the top richest people in Ghana.