All About The Top 10 Richest Men In Ghana and Their Net Worth In 2024 Per Forbes

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Who are the richest men in Ghana right now? Here’s a list of the wealthiest Ghanaian men and their current fortunes.

With the recent growth of Ghana’s economy in the past few years, there are some people whose fortunes have significantly grown or are still the same even despite the country’s hardships.

Ghana is a very fortunate country. Rich individuals there are contributing to the growth of the economy and providing jobs for the unemployed. Eventually, the richest man in Ghana will undoubtedly be listed among the world’s richest people, even if he falls at the bottom.

Affluent individuals have always made it a habit to invest their money in profitable ventures, a habit that has seen them become more successful in life.

Finding and ranking Ghana’s richest men is a difficult undertaking, mainly because the majority of wealthy individuals are reluctant to display or flaunt their wealth in public.

The Top 10 Richest Men In Ghana and Their Current Net Worth

Thedistin has put together a list of the richest men in Ghana in 2023. It is important to remember that while not all of the wealthiest names are included in this list, the figures (their net worth) are approximations based on the data we have collected online. With that said, who are the richest men in Ghana?

1. Charles Ampofo: $1.46 Billion

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  • Net Worth: $1.46 billion
  • Age: 63 years (as of 2024)
  • Source of wealth: Kampac group
  • Locality: Gold Coast

Who is the richest man in Ghana? As one of the few billionaires in Ghana right now, Charles Ampofo is the richest business magnate in the country, having amassed his fortune through investments and other ventures totaling billions of dollars.

Charles Ampofo is the founder and chairman of the Oil Company, the most wealthy politician in Ghana, and the brains behind the respectable and flourishing Kampac Group, which deals in oil transactions in Dubai and the Philippines. The Group has Kampac Oil as its primary business and also engages in other activities.

Other companies under it include Kampac Resources, Kampac Travels, Kampac Properties, Kampac Flora, and Kampac Telecom. Apart from being the chairman of his company, Mr. Ampofo is also a Fortune Forum Group member. He has been a member of the group for over 12 years.

What is Charles Ampofo’s net worth? Charles Ampofo is the Forbes richest man in Ghana, with a net worth of $1.46 billion, per GhanaInsiders.

2. Ernesto Taricone: $1.3 Billion

  • Net Worth: $1.3 billion
  • Age: 55 years (as of 2024)
  • Source of wealth: agrobusiness, construction, mining, design, and real estate development
  • Locality: Greater Accra, Ghana

You have probably heard of the name, considering his vast wealth and wide range of investments in Ghana and abroad. Ernesto is the Trasacco Group head, a conglomerate with vested interests in agriculture, mining, forestry, and real estate. Per Clacified, he has a net worth of around $1.3 billion, making him one of the most influential Ghanaian billionaires.

3. Dr. Sam E. Jonah: $1.2 Billion

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  • Net Worth: $1.2 billion
  • Age: 74 years (as of 2024)
  • Source of wealth: Mining sector, real estate, agriculture, construction, financial services, oil and gas services
  • Locality: Obuasi

He is the executive chairman of Jonah Capital, which is located in South Africa.

Sir Sam is a distinguished Ghanaian businessman. He has reached the peak of his career with a net worth of around $1.3 billion although he has emphatically stated that his wealth has been exaggerated.

Most of his business ventures are based in South Africa. His line of business is oil, mining, agriculture, finance, and real estate, among others.

He has led organizations such as Ashanti Goldfields which merged with AngloGold in 2004. The merger was worth $1.48 billion.

4. Dr. Kwame Addo Kufuor: $1.2 Billion

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  • Net Worth: $1.2 billion
  • Sources of wealth: Insurance, Banking, Real estate, Farming, Mining, and Media
  • Locality: Kumasi region

Who is the richest politician in Ghana right now? Currently, Dr. Kwame Addo Kufuor is the richest Ghanaian politician. He made his wealth not only from politics but through investments and other endeavors that put his fortune into billions of dollars.

Dr. Kwame Addo Kufuor is a Ghanaian politician and physician who was a Member of Parliament. He represented the people of Manhyia from 2001 to 2007. He was also the Minister for Defense under President John Kufuor, his brother.

In 2008, he became the Minister of the Interior. Later in 2017, he was appointed Chairman of the Board of Trustees of the Social Security and National Insurance Trust, the state pension fund, by President Nana Akufo Addo.

He is the president of the Ghana Chamber of Mines, as well as Kojo. He is also the COO and investment banker of Ghana Home Loans.

Kwabena owns a significant number of shares in UniBank. He is also the Chief Executive Officer of the House of Duffour Asset Holdings. The company is likely to be affiliated with his family or belong to him alone, as the name suggests. Also, Ghana considers him the founding father of the Institute for Fiscal Studies (IFS).

What is Dr. Kwame Addo Kufuor’s net worth? Ghanaian entrepreneur Dr. Kwame Addo Kufuor has a current net worth of $1.2 billion. With a fortune worth billions, Dr. Kwame Addo Kufuor makes it to the list of the richest politicians in Ghana.

5. John Dramani Mahama: $900 Million

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John Dramani Mahama is a Ghanaian politician who was the president of Ghana from 2012 to 2017 after the death of his predecessor, the late Prof. John Atta Mills. Before he was president, he was a vice president from January 2009 to July 2012.

Besides his political aspirations, Mahama is a communications expert, historian, and writer. He has had a history in the political arena since 1996, when he became a Member of Parliament.

His wealth is attributed to his various powerful positions in the country. For instance, he also served as the Minister for Communications and MP for Bole Bamboi.

What is John Mahama’s net worth? Politician and businessman, John Dramani Mahama currently has a net worth of $900 million and is among the richest men in Ghana.

6. Nabil Edmond Moukarzel – $900 Million

  • Net Worth: $900 million
  • Source of wealth: Food manufacturing and distribution firms
  • Locality: West Africa

Nabil joins the list of rich personalities in Ghana with a net worth of $900 million. He owns the most significant share in Fintrade, one of the largest food manufacturing and distribution firms in West Africa.

The company has other subsidiaries, including Akufo Adamfo, Ghana Market Direct Ltd, Continental Commodity Trading Company, Sucatrade, and many more.

7. Michael Ibrahim Mahama – $860 Million

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  • Net Worth: $860 million
  • Age: 51 years (as of 2022)
  • Source of wealth: Mining, construction, and civil works, hiring heavy-duty equipment, and consulting services.
  • Locality: Cairo

Michael Ibrahim Mahama is a businessman and one of the most popular rich men in Ghana. Michael has an impressive reputation in the private sector with a net worth of $860 million.

He drew his inspiration from his father, who happens to be a renowned business person too. Michael majors in the mining industry, and most people recognize him from his managing role at the Engineers and Planners organization.

He is also the proud owner of various businesses in Ghana. He is a sibling to former president John Mahama. The tycoon has businesses linked to the mining industry.

8. Alhaji Mohammed Ahmed Odyamat – $850 Million

  • Net Worth: $850 million
  • Age: 53 years (as of 2022)
  • Source of wealth: Systems integration, software development, and IT skill-development programs
  • Locality: Akwatia Constituency

Alhaji Mohammed is a Ghanaian of Lebanese origin with a net worth of $850 million, making him one of Ghana’s rich men. He has numerous investments, including a business engagement with BBC Industrial (Ghana) Limited, where he serves as the Board Chairman.

9. The Irani Family – $800 Million

The Irani family, owners of the largest wheat flour firm in Ghana. Photo: @Kingdomingo World TV Source: UGC
  • Net Worth: $800 million
  • Source of wealth: Inheritance and flour
  • Locality: Accra Ghana

Who are the Irani family in Ghana? These are two brothers, Edmund Irani and Anthony Irani. The family is behind the company Brothers & Others Limited, one of the largest and most popular wheat flour companies in Ghana. They have created jobs for more than 400 people and account for about 60% of wheat flour sales in the country. Their estimated net worth is believed to be $800 million.

10. Kwame Despite – $800 Million

Osei Kwame Despite is one of the richest men in Ghana
  • Net Worth: $800 million
  • Age: 61 years (as of 2024)
  • Source of wealth: Despite Company Ltd (owner)
  • Locality: Agona Wiamoase

Kwame Despite is one of the richest men in Ghana at the moment. He owns many companies, and his success has impacted the lives of many both in and outside the country. Kwame Despite’s net worth is roughly $800 million.

He is the owner of the Despite Company Ltd, which is a trading company with subsidiaries in the media industry, namely, PEACE FM, which is the largest and the most popular FM station in the country, OKAY FM station, NEAT FM, both in Accra and HELLO FM station in Kumasi.

Who is the richest man in Ghana?

The Ghanaian billionaire list is fascinating, considering how certain personalities have been increasing their wealth over time. A majority of them hold shares in some of the major companies in Ghana and other parts of the world, increasing their net worth.

Here is a list of the top 30 richest people in Ghana and their respective net worth.

  1. Charles Ampofo – $1.46 billion
  2. Ernesto Taricone – $1.3 billion
  3. Sir Sam E. Jonah – $1.2 billion
  4. Dr. Kwame Addo Kufuor – $1.2 Billion
  5. John Dramani Mahama – $900 Million
  6. Nabil Edmond Moukarzel – $900 million
  7. Michael Ibrahim – $860 million
  8. Alhaji Mohammed Ahmed Odyamat – $850 million
  9. The Irani Family – $800 million
  10. Kwame Despite – $800 Million
  11. Kwabena Duffuor – $680 million
  12. The Awuah-Darko Family – $650 million
  13. Millad Milet and family – $620 million
  14. Joseph Siaw Ayepong – $600 million
  15. Dr. Ernest Ofori Sarpong – $600 million
  16. Ramchand Udharam Mohinani – $580 million
  17. The Hitti Family – $540 million
  18. The Azar family – $530 million
  19. Kwabena Agyare Danquah – $500 million
  20. Ghassan Yared – $480 million
  21. Serge Bakalian – $460 million
  22. Dr. Kofi Amoah – $350 million
  23. Haruna Iddrisu – $300 million
  24. Dr. Kwesi Nduom – $300 million
  25. Alexander Kofi Mensah Mould – $282 million
  26. Nana Akufo-Addoh – $250 million
  27. Kennedy Agyapong – $250 million
  28. Tsatsu Tsikata – $245 million
  29. Dr. Yaw Osafo-Maafo – $220 million
  30. Dr. Kwesi Botchwey – $200 million

Who is the richest woman in Ghana? Patricia Poku-Diaby is the richest woman in Ghana. She has an estimated net worth of $720 million. While she is the richest woman in Ghana, she takes the 8th position countrywide.