Rigworld Group CEO Kofi Amoa-Abban Built His ‘Insane’ Net Worth From His Oil and Gas Company Per Forbes

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Oil and gas business mogul, Kofi Amoa-Abban is one of the richest men in Ghana with his fortune raking in millions of dollars.

Kofi Amoa-Abban is a Ghanaian Oil and Gas entrepreneur and philanthropist. He is best known as the founder and CEO of Rigworld Group, an oil services business with operations across West Africa.

Abban was educated at Mfantsipim School in Cape Coast, Ghana. Kofi graduated from the University of Ghana with a degree in Psychology and pursued a master’s degree at Oslo University.

Dr. Abban gained popularity when he was revealed as the man who settled Shatta Wale and Stonebwoy’s gun-pulling beef.

In 2023, Dr. Amoa-Abban was recognized by Forbes for his tenacity and professionalism in achieving practical success in the Oil and Gas sector.

The influence of Dr. Amoa-Abban is a heart-warming and pervasive one, so astronomical to overlook. A figure whose mobility and nobility have created a none threatening environment for many people to survive.

Admirers of the businessman always ask about his fortune including the cars he owns, his houses, and his assets in general. So, how rich is the RigWorld Group CEO? Here’s everything TheDistin knows about him.

Profile Summary

Full Name:Kofi Amoa-Abban
Net Worth:$500 million (estimated)
Profession:Entrepreneur, and Philanthropist
Company:Rigworld Group
Date Of Birth:December 30, 1982
Birthplace:Tema, Accra-Ghana
Age:40 years old (as of 2023)
Education:Mfantsipim School
Dr. Kofi Amoa Abban in his office
Dr. Kofi Amoa Abban in his office
Image Source: LinkedIn

What is Kofi Amoa-Abban’s net worth?

Kofi Amoa-Abban was born in Tema-Ghana and is the son of Amoa-Abban Snr., a Director at Textile company TTL, and Letitia Amoa-Abban, a retail entrepreneur. 

In 2011, Kofi Amoa-Abban started Rigworld from a small office in Osu, Accra providing recruitment services to the burgeoning oil and gas industry in Ghana. Prior to that, he had served as a drill crew member with Atwood Hunter responsible for the TEAK1, TEAK 2, and Banda Wells. In July 2015 Kofi Amoa-Abban co-founded PressureTech, a wholly-owned subsidiary of Rigworld International Services, which offers engineering solutions to Oil and Gas companies in Ghana and beyond.

Dr. Kofi Abban owns companies like Rigworld International Services Ltd., Rigworld SolutionsRigworld Training, Transatlantic Services Ltd., Axiss Shipping, Koka Energy, Rigworld Petroleum just to mention a few.

Well, to describe Kofi Amoa Abban in two words, I would say ‘rich’ and ‘calm’ because he has had an impressive career over the years.

So, how much is Kofi Amoa-Abban’s net worth? Ghanaian business mogul, Kofi Amoa-Abban has a current estimated net worth of $500 million. He made the bulk of his fortune from oil and gas as he is regarded as one of the most influential in the Ghanaian market. He is also reportedly into real estate and owns a number of apartments in Accra.

Dr. Amoah-Abban is a board member of Asante Kotoko and also the Chairman of the Business and Sponsorship committee for the Ghana League Clubs Association (GHALCA).

Aside from being an astute businessman, Dr. Kofi Amoa-Abban is also a philanthropist and has received an Honorary Doctorate from Commonwealth University and the London Graduate School.

In 2016, he was named the Rising Star at the Exclusive Men of The Year Awards, which adds to the tall list of awards he has ever received.

The multiple award-winning business mogul, Dr. Amoah-Abban was recently acknowledged as he was adjudged the Upstream Entrepreneur of the Year 2020 at the Ghana Oil & Gas Awards (GOGA) event in Accra.

Rigworld Group CEO Kofi Amoa-Abban Built His 'Insane' Net Worth From His Oil and Gas Company Per Forbes
Dr. Kofi Amoa Abban in his office
Image Source: LinkedIn

Kofi Amoa-Abban was honored by Forbes alongside other oil and gas businessmen in 2023 with the FIN-Forbes Best of Africa Awards

Chairman and CEO of Rigworld International Services Limited, Dr. Kofi Amoah-Abban, Ogun State Governor Dapo Abiodun; Emir of Kano, His Royal Highness, Alhaji Aminu Ado Bayero, Chairman, National Drug Law Enforcement Agency (NDLEA), Brig- Gen. Buba Marwa (rtd) and Director General, National Information Technology Development Agency (NITDA), Inuwa Kashifu Abdullahi, have been conferred with FIN-Forbes Best of Africa Awards.

The distinguished personalities were conferred with the awards through a virtual symposium on Friday, 13th January 2022 with a theme titled: “Leadership and Investment”.


Dr. Kofi Amoa Abban honored with a certification by Forbes.
Dr. Kofi Amoa Abban honored with a certification by Forbes.
Image Source: Instagram Forbes Africa

The citation that accompanies the award reads as follows:

You are a Renowned business magnate. A man with extraordinary capability in the Oil and Gas Sector. Your enormous contribution in promoting the industry in Ghana and across Africa has been inspiring and commendable. Forbes has recognized this excellent achievement and your unflappable and professional traits in managing issues at the sector. We, therefore, honour you as FIN-FORBES AFRICAN MOST OUTSTANDING BUSINESS LEADER IN OIL AND GAS 2022.”

Dr. Amoa-Abban in accepting the award said;

I feel very excited and humbled for this honor. I am highly grateful to FIN and its partners FORBES for recognizing my efforts and achievements globally.  I know awards are meant to inspire and motivate you to do more and I promise to leverage this global award to do more in my country Ghana and beyond. I dedicate this award to all the hardworking management teams and staff and to the people of Ghana. God bless us all

In 2022, the Rigworld CEO donated 3 vehicles to Mole National Park

The Chief Executive Officer (CEO) of Rigworld International Services, Dr. Kofi Amoah-Abban, donated three vehicles to the Wildlife Division of the Forestry Commission.

He handed the vehicles together with some Personal Protective Equipment (PPEs) to the Forestry Commission, to enable management at the Mole National Park in the Northern Region to carry out their day-to-day activities efficiently.

The presentation was done on Tuesday, February 8, 2022, at the Forestry Commission Headquarters in Accra.

Dr. Kofi Amoah-Abban embarked on a similar gesture in 2020 when he donated two luxurious vehicles, a Toyota Fortuner and a Toyota Prado to Asante Kotoko.

The businessman recently unveiled his magnificent mansion located on an Island at Ada.

The business tycoon officially unveiled the heavy mansion just yesterday as part of the Easter Sunday celebrations.

According to t blogger GH-Hyper who was invited to witness the official unveiling of the luxurious state-of-the-art mansion, the name of the new property is MK Mansion.

In a set of photos and videos that have since gone rife on social media, one can clearly see that the mansion is made up of different-storey buildings with the same design and very beautiful lighting system which makes it stands out at night.

Pulse Ghana reports that his Bentley which is a new addition to his automobiles is worth around Ghc-5m.

A very big swimming pool is also inside the gigantic mansion to complete its exterior view.

Dr. Kofi Amoa Abban posing with some of his cars in his house.
Dr. Kofi Amoa Abban posing with some of his cars in his house.
Image Source: PulseGhana

Dr. Kofi Abban has an exotic collection of cars

He is also a luxury man. He has a number of car collections in his house.

In a video that has gone viral, Mr. Amoa-Abban is seen standing in his compound surrounded by a fleet of high-end vehicles, including a Bentley, Mercedes Benz, G-Wagon, Ford Mustang Shelby, Lexus SUVs, Old school vintage catalogs, Rolls Royce, and salon cars, among others.

Most of these vehicles had been customized with the initials of his name, ‘KA’.