Ghanaian serial entrepreneur Joseph Aidoo Jnr has warmed hearts as he gifts the 2023 VGMA Artist of the Year, Black Sherif two expensive cars. How rich is he?
The 24th edition of Ghana’s biggest musical event, Vodafone Ghana Music Awards (VGMA), took place on the 6th of May. The prestigious award of the night went to rising musician Black Sherif as he beat giants like Sarkodie, Stonebwoy, and Piesie Esther to emerge as the Artist of the Year.
As part of Sherif’s celebration, the co-founder of Devtraco Group Limited, Joseph Aidoo Jnr. on May 13 held a party for the reigning Artist of the Year inside Brasa, one of his companies located at Labone, Accra.
At the event, he surprised Black Sherif with two brand new Mercedes cars including a 2023 registered Mercedes Benz Brabus.
This led to many inquiring about what Joseph Aidoo Jr. do for a living and how much he is worth. So, how rich is the co-founder of Devtraco Group? Read on as TheDistin takes you through his life and wealth.
What is Joseph Aidoo Jr’s net worth?
Joseph Aidoo Jr. is a business magnate who has invested in various sectors of the industry. As an entrepreneur and a man of many hats, he is a real estate and construction Consultant, entrepreneur, business influencer, philanthropist, and executive director of Devtraco Group.
He attended California Coast University in 2007 and graduated with a Master’s degree in Business Administration Management in 2008, per his LinkedIn.
He has worked with Devtraco Group Limited from May 2009 to the present. His position in the company moved from executive director to co-founder in 2011.
Situated in Greater Accra, Ghana, Devtraco Group is a global property developer offering a range of real estate investments, construction, property management, and hospitality solutions.
So, how rich is Joseph Aidoo Jr.? The business executive’s exact fortune has not been reported by any reputable outlet and he has not revealed it himself either, however, TheDistin can estimate his current personal net worth between $2 million to $5 million.
Despite being a successful entrepreneur, Mr. Aidoo doesn’t love to brag about his wealth. In fact, a lot of Ghanaians didn’t know until his recent car giveaway to Black Sherif. On his Instagram, he has been spotted in a Bentley Bentagya, this is definitely one of his many cars.
King Aidoo as he is mostly referred to by his peers has years of experience in the real estate industry and his professional experiences have given a deep understanding of the real estate market in Ghana and other parts of Africa.
Interestingly enough, he is not only into construction, he is the CEO of Brasa and A-List Management. Brasa is Accra’s contemporary girl restaurant located in Labone. A-List Management is a boutique music management and entertainment company based in London.
Mr. Aidoo’s vision is to be a mentor to the youth of Africa, specifically the business-minded ones.
My passion for the future of Africa motivates me to mentor young people who would also like to start a career in the industry I play in.
You’re not an ‘overachiever’ for going after what is important without hesitation. In fact, there is no such thing as being an ‘overachiever’.Joseph Aidoo Jnr revealed on his website.
Mr. Aidoo is a family man and believes in the strength of his family as he says is his “biggest support system”. In fact, when he is not absorbed with work, he is mostly in the midst of his family and friends.
In his leisure time, he does some sports, admires art (or collects them), travels, and explores good food and wine from around the world. He also loves reading books, just like the majority of successful men.
Joseph and his team recently renovated the dormitory of the Dzorwulu Special School and donated money and food
On May 1, 2023, the Devtraco Group demonstrated its strong commitment to corporate social responsibility (CSR) by undertaking a meaningful project at the Dzorwulu Special School in Accra.
The company renovated a 22-bed boys’ dormitory, revamped the washroom, and donated food items to the school.
The project was a success, and it was attended by executive officials of the company, including Joseph Aidoo Jr, Co-Founder of Devtraco Group, John Entsuah, Chief Executive Officer, and other employees of the company.