Who are the young richest men in Ghana? Here’s a list of the top 10 youngest millionaires in Ghana, their businesses, and how they made their money.
Some people will find life easy, while others will constantly blame themselves for where they are in life. This is because not all fingers are made equal.
While some were lucky enough to inherit or, in a sense, benefit from the success of their parents’ or relatives’ already-thriving businesses, others had to start from scratch.
These young people are wealthy business entrepreneurs, exotic automobile owners, and life-loving individuals who do not simply rely on their parents’ wealth. Rather, they have worked hard to establish their reputations.
Apart from being able to purchase the finest things in life for themselves, one amazing thing about these wealthy young men is that the majority of them are philanthropists.
Typically, they engage in charitable endeavors and humanitarian projects that bring joy to countless impoverished Ghanaians living in neglected areas.
To put it another way, practically all of Ghana’s opulently wealthy young men have the quality of being, well, “good-looking” and having an impeccable sense of style.
The youngest richest men in Ghana and their net worth estimations in 2024.
1. Freedom Jacob Caesar: $2 Billion to $5 Billion
Who is the richest young man in Ghana? Nana Kwame Bediako, now called Freedom Jacob Caesar, or Cheddar, is the first on our list. He is the youngest rich man whose fortune is in billions, per online sources.
The 43-year-old is into real estate and is the CEO of Wonda World Estate.
He has won awards for his immense contribution to real estate development in Ghana.
Freedom Jacob Caesar (FJC) owns one of Ghana’s premium accommodations and residences, providing an alternative and sophisticated lifestyle experience to its visitors in Osu, which he named after his mother, Kwarleyz.
Since Cheddar was the only millionaire in the world who could afford Cristiano Ronaldo’s automobile years ago when it was put up for auction, he gained greater media attention.
Mercedes-Benz Maybach, Lamborghini Urus, Lamborghini Aventador, and a gorgeously modified Rezvani Tank are just a handful of the vehicles that Nana Kwame Bediako possesses.
What is Nana Kwame Bediako’s net worth? Ghanaian industrialist Nana Kwame Bediako, or Freedom Jacob Caesar, currently has a reported net worth of $2 billion to $5 billion.
2. Kevin Okyere: $800 Million to $1.2 Billion
Who is Kevin Okyere? Kevin Okyere is a Ghanaian entrepreneur in the oil industry in Ghana. He is the Founder and Chief Executive Officer of Springfield Energy- a billion-dollar oil company. The company was founded in 2008.
Kevin Okyere was born in 1980 to an affluent family in Ghana’s gold-rich Ashanti region. His father had built a substantial fortune in construction, steel manufacturing, and large-scale cocoa farming before he was enstooled as a traditional chief. Okyere displayed entrepreneurial promise at a very young age. By the time he was 11, he was already selling iced water to football supporters in the Kumasi Sports Stadium to make extra pocket money. During his family’s annual summer vacation trips to London, he would take on jobs with textile companies in the U.K.
After completing his High School education in Ghana, he proceeded to the United States where he studied Accounting at George Mason University in Virginia. While studying, Okyere worked several jobs at varying points – caring for mentally challenged patients at their homes, working as a security guard, and at one point working in the mail room at AOL.
At age 38, the now 43-year-old businessman was featured on Forbes for his oil and gas impressive company. Forbes has named Kevin in the list of the ‘5 Young African Millionaires To Watch’ out for, it is only right to speculate that he has an impressive net worth.
What is Kevin Okyere’s net worth? Kevin Okyere is an entrepreneur in the Oil Industry in Ghana. The Founder and Chief Executive Officer of Springfield Energy currently has a net worth of $800 million to 1.2 billion.
Springfield Group, which is the company of this oil tycoon makes $ 1 billion in annual revenues and owns an 82% interest in the West Cape Three Points Block 2 offshore Ghana (WCTP2), a region that was formally owned by Tullow Oil and Kosmos Energy, per Yen.
3. McDan – $600 Million to $1 Billion
Who is McDan in Ghana? Daniel McKorley is a Ghanaian business magnate and the founder, chairman, and Chief Executive Officer of the McDan Group of Companies.
McKorley was awarded the title of Entrepreneur of the Year (2016) at the Ghana Aviation Awards.
He is a graduate of business management and has been a business entrepreneur for more than ten years. Mckorley was adjudged Entrepreneur of the Year for 2016 at the Ghana Aviation Awards.
Mckorley was born on June 16 in Labadi, Accra. He attended his primary school in the same community and furthered his education at the senior high level. After his high school education, he gained admission to study at the University of Ghana but dropped out because he could not pay his school fees.
He holds an Executive Master in Business Administration (EMBA) and a Certificate degree in Entrepreneurship, both from the Ghana Institute of Management and Public Administration (GIMPA).
He also holds diplomas in leadership and transport and logistics. Daniel McKorley is the Chief Executive Officer (CEO) of the McDan Group of Companies. He revealed that he dropped out of the university because he could not pay his school fees. Arguably one of the most successful businessmen in Ghana, Daniel McKorley could only attain a degree after dropping out of the University of Ghana.
He started the McDan Shipping Company, which was established in November 1999, headquartered in Accra and Branches in Tema and Takoradi. The company has a presence in over 2000 major air and seaports worldwide due to a partnership with Universal Freight Organization, Cross Trades, and World Cargo Alliance(WCA).
He has gained lots of recognition which includes The Achiever’s Award by West Africa Regional magazine, Ernst & Young Entrepreneur of West Africa Nominee – 2015, and The Entrepreneur of the Year – 2016 among others.
McKorley is married to Abigail McKorley and the couple has 10 children. McDan explained that he uses diverse methods to bring up each of his 10 children to shape them into an all-around adult.
4. Dr. Kofi Amoa-Abban – $500 Million
Who is Kofi Amoa-Abban? 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.
Kofi Amoa-Abban was born in Tema, Ghana, the son of Kofi Amoa-Abban a Director at Textile company TTL, and Letitia Amoa-Abban a retail entrepreneur. Kofi Amoa-Abban was educated at Mfantsipim School in Cape Coast, Ghana. Kofi Amoa-Abban graduated from the University of Ghana with a degree in Psychology and pursued a master’s degree at Oslo University.
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. Before 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, and Rigworld Petroleum just to mention a few.
Dr. Kofi Abban gained popularity when he was revealed as the man who settled Shatta Wale and Stonebwoy’s gun-pulling beef.
What is Kofi Amoa-Abban’s net worth? Ghanaian business mogul, Kofi Amoa-Abban has a current estimated net worth of $500 million.
5. Dr. Sledge Duodu – $250 Million
Who is Dr. Sledge Duoduo? Dr. Sledge Duodu is the CEO of Goldridge Ghana Limited. His company deals in gold, a precious mineral resource in Ghana.
Duodo of Goldridge has signed a 30-year policy with the Ghana National Association of Small Scale Miners (GNASSM) to support and make formal their operations. In an interview with DJ Nyaami on SVTV Africa, he indicated that his mission for setting up the company which has a branch in Dubai is to support the mining industry.
Dr. Sledge was made an ambassador for Green Gold Ghana. The honor was conferred on the President and Chief Executive of Goldridge Ghana Limited on Sunday, March 2020.
He is married to a beautiful entrepreneur called Queen Amadia who is the founder of Amadia Foundation, and Amadia Shopping Center.
He massively made a headline when he gifted his wife a brand new Rolls Royce.
What is Dr. Sledge’s net worth? Business mogul Dr. Sledge Duodo is one of the richest young men in Ghana. His exact fortune is not known but he has an estimated net worth of $250 million.
6. Richard Nii Armah Quaye – $10 Million
Richard Nii-Armah Quaye is a young successful Award-winning entrepreneur and an Angel Investor, seen by many as one of the promising global icons. He is a Ghanaian Multinational Businessman with diversified business interests.
According to his LinkedIn, his mission as a businessman is to keep building companies that can compete on the global stage and inspire the next generation of African leaders.
Richard demonstrates continuous leadership, business excellence, and technical skills in financial and entrepreneurial management as well as project executions.
Richard is the Founder and Chairman of Quick Credit & Investment Micro-Credit Limited, a micro-credit company licensed by the Bank of Ghana as a Non-deposit-taking Financial Institution.
He is also the Founder and Chairman of Oya Micro-credit Company Ltd. a micro-credit company in Eastern and Western Africa such as Tanzania, Uganda, Sierra Leone, Liberia, Nigeria, and Kenya to help young businesses with loans to support their livelihood.
Richard’s tenacity in championing creativity in new business developments and passion for entrepreneurship propelled him to build another business empire “Quick Angels Limited ‘’.
He is currently the CEO of Quick Angels Limited; an Angel investor company that seeks to support potential and existing entrepreneurs as well as businesses that want to expand with equity financing.
What is Richard Nii-Armah Quaye’s net worth? Mr. Richard Nii-Armah Quaye, the CEO, and founder of Quick Angels Limited with a current estimated net worth of $10 million. He makes his money from being an Entrepreneur and Angel Investor with diversified business interests in Ghana & Africa.
7. Kofi Boat – $8 Million
Kofi Boat is one of the richest young men in Ghana. He made the list of Thedistin.com’s most wealthy men in the country in 2021.
Isaac Kofi Boateng, known by the street as Kofi Boat on May 16 built an ultramodern church. The Godfather of Shatta Wale did this in fulfillment of a promise he made to God when he was a kid.
Speaking at the church service held to open the ultramodern facility, Kofi Boat said when he was young, he made a promise to God that he would honor him with a church when he became rich in the future.
That future is here and he’s currently living his childhood dream to the fullest.
In 2019, Kofi Boat made headlines when he shipped a Rolls Royce car to Ghana and it was rumored to be for Rev Obofour. The car was the Whisper of Ecstasy 3 Billionaire Edition. Aside from this car, Kofi Boat owns other luxurious whips and mansions in Ghana.
On Valentine’s Day in 2022, the wife of a Ghanaian millionaire Kofi Boat had the best surprise as she woke up to a torn rubber V8 and an amount of 10k for fuel by her rich husband. In a video sighted on the Instagram page of FameBugs, the adorable wife flaunted the brand-new Toyota V8 on her Snapchat story.
What is Kofi Boat’s net worth? Issac Kofi Boat is a Ghanaian millionaire businessman who has a net worth of $8 million.
8. Jibril Baron Cash – $6 Million
Jibril as affably called by his peers and most Ghanaians is known in real life as Jibril Mohammed. Jibril is popularly called Jibril Baron Cash (JBC).
The actual age of the real estate developer and business mogul is not accurately known but he is believed to be within the age range of 35-40. He celebrates his birthday on November, 26 every year.
Jibril was born in the Eastern Region of Ghana, specifically, in a small town called Esuboi near Suhum.
The young millionaire has a couple of businesses and streams of income. He is well known to be a real estate developer, owning luxurious mansions and apartments within Accra. Aside from being into building, renting, and selling houses, Jibril is a farmer. He has arches of land he cultivates numerous crops. Jibril is also into animal rearing. One of his large farms is at Adaklu Boso, Volta, Ghana.
He boasts of cars such as Range Rover, Bentley, and Lamborghini. He owns several luxury cars and a mansion – Read More on Jibril.
9. Kennedy Osei – $5 Million
Kennedy Osei Asante is the first son of Ghana’s businessman Osei Kwame Despite.
GM as he is popularly called oversees Okay FM, Neat FM, Peace FM, Hello FM, UTV, and the very popular Peacefmonline.com portal.
As the eldest son of Dr. Osei Kwame Despite, CEO of the Despite Group of Companies, he has been an outstanding director of the team, and his professionalism and admirable personal qualities in handling the businesses under one of the biggest conglomerates in Ghana is impressive and undoubted.
Apart from that, Ken has been in the REAL ESTATES business for almost a decade, masterminding the building of lots of properties and renting some within the Greater Accra and Ashanti Region.
He also controls the following in various capacities as follows:
Managing Director – Golden Crest Hotel and Golden Crystal Hotel
Director, Aerial Plus Service- A company that is into power line inspections, advertisement, and other media content provision
Director, Nextbite Company Ltd – Importers of Food products and confectionaries
Founding Member, TRIBAL AFRICA – a movement of young Africans set up to promote African Culture and Heritage.
Kennedy holds a Master’s degree in Money, Banking & Finance from the University of Birmingham in England
Bachelor of Science Degree in Business Administration (Banking & Finance Option) from the University of Ghana and an LLB in Law from Mountcrest University College.
He is also a proud Santaclausian hailing from Adisadel College, Cape Coast, and had his elementary Education at the Rev. John Teye Memorial Institute, Accra.
What is Kennedy Osei’s net worth? Kennedy Osei is one of the wealthiest young people in Ghana. He currently has an estimated net worth of $5 million. His father is one of the wealthiest men in Ghana today. Currently, he is the owner of the Despite Group of Companies, through which he has earned a staggering net worth of $800 million.
10. Alien Gh – $3.8 Million
Alien Gh known in real life as Yaw Barimah is one of the wealthy big men in Ghana at the moment. He is the Chief Executive Officer of AL Properties.
Alien 2019 made headlines when he became popular in Ghana when he acquired two Range Rovers and a Rolls Royce.
The rich humble young businessman has some of the best and most expensive luxury cars in Ghana, including G-wagon, Range Rovers, Porsche, Mercedes Benz, etc. but hardly flaunts his worth on social media.
He usually posts motivational quotes via his social media handles and gives credit to God for his success.
Alien is into Real Estate and has contributed to the building and construction of some of the eye-catching houses in Accra.
Alien is a father of four kids; a grown-up boy and a girl and he recently welcomed twin boys with his wife Serwaa Akoto aka She Alien.
He has a Rolls Royce, G-Wagon, Mercedes Benz, and Range Rover just to mention a few.