Hon. Kennedy Agyapong and Dr. Osei Kwame Despite are two of Ghana’s wealthiest men. But who is the richest of the two?
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 between Kennedy Agyapong and Osei Kwame Despite.
One thing is common between 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, between them, one is close to becoming a billionaire whereas the other is still crowned with millionaire status (in dollars) but certainly, all are billionaires in cedis.
Who are these individuals?
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.
Who is richer between Kennedy Agyapong and Osei Kwame Despite?
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.
From their estimated net worth, it is evident Osei Kwame Despite is richer than Kennedy Agyapong as he has a higher net worth than him. Nonetheless, the two prominent figures are counted among the top richest people in Ghana.