The Top 80 richest people in Ghana revealed!

The richest people in Ghana have been revealed after extensive research by Ghanaian management and consulting firm, Goodman AMC.

 

Unlike their Nigerian counter-parts, wealthy Ghanaians are thought to be conservative in stating their actual wealth ostensibly due to tax obligations and other personal misgivings, but Goodman AMC appears to have gone behind the scene to extract that information and come out with the ‘Ghana Wealth Report’.

 

The report follows Goodman AMC tracking of successful entrepreneurs and investors in Ghana who have $100 million or more in assets and investments.

 

The findings reveal that the top 80 richest people in Ghana have a combined wealth of $29.3 billion and employ over 150,000 Ghanaians directly.

 

Goodman AMC's Ghana Wealth Report discovered 3 billionaires and 77 multimillionaires who all form part of a group of individuals called the Ultra-High-Net-Worth Individuals (UHNWI). 

 

The report identified Charles Ampofo as the richest man in Ghana with a net worth of $1.46 billion. Ampofo is said to have made his fortune through Kampac Oil, an oil and gas firm based in the business hub of Dubai.

 

The second richest man in Ghana, according to the report, is $1.3 billion rich Ernesto Taricone, who is said to have interests in real estate, aluminum, agriculture, construction and forestry. Taricone is the owner of Trassaco Valley.

 

The report also identified Patricia Poku-Diaby as the richest woman in Ghana with a net worth of $720 million. She is into the export of cocoa and cotton. Four other women - Theresa Oppong-Beeko, Kate Quartey-Papafio and Gifty Lamptey and Grace Amey-Obeng – also made the list of 80 Richest Ghanaians. Together, the five richest women in Ghana control $1.62 billion.

 

The report does not cover politicians who acquired their wealth by virtue of them being in active politics and monarchs who acquired their wealth through their royal status. Ownership of closely-held assets which could not be substantiated were also left out of the calculation.

 

How Net Worth Was Calculated

Goodman AMC says it calculated net worth by using some degree of estimation to value each person’s assets and properties as well as stakes in public and private firms, and performance on the Ghana Stock Exchange.  Read more about that here:

 

While Goodman AMC’s Ghana Wealth Report is comprehensive and compelling, Graphic Online has not independently authenticated the findings.

 

Indeed Good man AMC issues a caveat that: “The Ghana Wealth Report is for information purposes only. It is not investment advice…”

Find the list of the top 80 richest Ghanaians below:

 

#1 CHARLES AMPOFO                     
Est. Net Worth: $1.46 Billion            
Source: OIL & GAS        

#2 ERNESTO TARRICONE              
Est. Net Worth: $1.3 Billion             
Source: REAL ESTATE 

#3 SAM ESSON JONAH                 
Est. Net Worth: $1.2 Billion          
Source: INVESTMENTS

#4 NABIL EDMOND MOURKAZEL                   
Est. Net Worth: $900 Million            
Source: COMMODITIES

#5 MICHAEL IBRAHIM MAHAMA  
Est. Net Worth: $860 Million          
Source: MINING

#6 MOHAMMED AHMED ODAYMAT            
Est. Net Worth: $850 Million           
Source: DIVERSIFIED

#7 THE IRANI FAMILY                      
Est. Net Worth: $800 Million           
Source: FLOUR

#8 PATRICIA POKU-DIABY           
Est. Net Worth: $720 Million            
Source: COCOA, COTTON

#9 THE KALMONI FAMILY            
Est. Net Worth: $700 Million            

Source: DIVERSIFIED

#10 KWABENA DUFFUOR              
Est. Net Worth: $680 Million           
Source: FINANCE

#11 THE AWUAH-DARKO FAMILY  
Est. Net Worth: $650 Million          
Source: FINANCE

#12 MILAD MILLET & FAMILY         
Est. Net Worth: $620 Million 
Source: TEXTILES

#13 JOSEPH SIAW AGYEPONG      
Est. Net Worth: $600 Million          
Source: DIVERSIFIED

#14 RAMCHAND UDHARAM MOHINANI         
Est. Net Worth: $580 Million           
Source: DIVERSIFIED

#15 ADAMU IDDRISU                     
Est. Net Worth: $550 Million           
Source: FINANCE, COCOA

#16 THE HITTI FAMILY                 
Est. Net Worth: $540 Million              
Source: DIVERSIFIED

#17 THE AZAR FAMILY                  
Est. Net Worth: $520 Million               
Source: PAINTS

#18 KWABENA ADJARE DANQUAH        
Est. Net Worth: $500 Million               
Source: ENGINEERING

#19 GHASSAN YARED                   
Est. Net Worth: $480 Million               
Source: DIVERSIFIED

#20 SERGE BAKALIAN                 
Est. Net Worth: $460 Million                
Source: FLOUR

#21 THE BITAR FAMILY               
Est. Net Worth: $450 Million               
Source: LUMBER

#22 THOMAS SVANIKIER              
Est. Net Worth: $435 Million               
Source: DIVERSIFIED

#23 SAIED FAKHRY                        
Est. Net Worth: $430 Million             
Source: PLASTICS

#24 THERESA OPPONG-BEEKO    
Est. Net Worth: $420 Million           
Source: REAL ESTATE

#25 PAPA KWESI NDOUM              
Est. Net Worth: $410 Million            
Source: DIVERSIFIED

#26 KWABENA ADJEI                      
Est. Net Worth: $400 Million           
Source: ALCOHOL

#27 ENRICO DE SIMONE                 
Est. Net Worth: $400 Million          
Source: CONSTRUCTION

#28 B.K. AMANDI                              
Est. Net Worth: $400 Million            
Source: ENGINEERING

#29 BHAGWAN KHUBCHANDANI  
Est. Net Worth: $380 Million       
Source: RETAIL

#30 MACDONALD VASNANI              
Est. Net Worth: $360 Million       
Source: SHIPPING

#31 JOHN TAYLOR                                 
Est. Net Worth: $355 Million         
Source: DIVERSIFIED

#32 THE SOLOMON LABA FAMILY   
Est. Net Worth: $350 Million       
Source: MATTRESS

#33 KWAKU BEDIAKO                           
Est. Net Worth: $350 Million      
Source: DIVERSIFIED

#34 KOFI AMOAH                                    
Est. Net Worth: $341 Million       
Source: DIVERSIFIED

#35 CHRIS CHINEBUAH                       
Est. Net Worth: $330 Million        
Source: OIL & GAS

#36 OKO-NIKOI DZANI                         
Est. Net Worth: $324 Million       
Source: FINANCE

#37 KWAME BAWUAH-EDUSEI        
Est. Net Worth: $300 Million         
Source: DIVERSIFIED

#38 TONY OTENG-GYASI                    
Est. Net Worth: $300 Million         
Source: CABLES

#39 TOGBE AFEDE XIV                         
Est. Net Worth: $280 Million         
Source: INVESTMENTS

#40 GEORGE OWUSU                             
Est. Net Worth: $278 Million        
Source: DIVERSIFIED

#41 ERNEST BEDIAKO SAMPONG                  
Est. Net Worth: $276 Million          
Source: PHARMACEUTICALS

#42 FAWZI WOLLEY                                 
Est. Net Worth: $275 Million         
Source: RETAIL

#43 FRANK ACHAMPONG                     
Est. Net Worth: $275 Million        
Source: ROAD SIGNAGE

#44 MICHAEL AGYEKUM ADDO                            
Est. Net Worth: $270 Million          
Source: PHARMACEUTICALS

#45 KEN OFORI-ATTA                                   
Est. Net Worth: $260 Million         
Source: INVESTMENTS

#46 YUSIF IBRAHIM                                 
Est. Net Worth: $255 Million         
Source: DIVERSIFIED

#47 THE ADDISON FAMILY                    
Est. Net Worth: $250 Million         
Source: CEMENT

#48 KATE QUARTEY-PAPAFIO              
Est. Net Worth: $250 Million          
Source: CABLES

#49 KELI GADZEKPO                                           
Est. Net Worth: $235 Million          
Source: INVESTMENTS

#50 KWAME ACHAMPONG-KYEI        
Est. Net Worth: $233 Million           
Source: INSURANCE

#51 PAK-WO SHUM                                    
Est. Net Worth: $227 Million           
Source: AVIATION

#52 WILLIAM ATO ESSIEN                     
Est. Net Worth: $220 Million        
Source: FINANCE

#53 FRANK OWUSU SEKYERE                
Est. Net Worth: $213 Million        
Source: ALCOHOL

#54 TANAL GHANDOUR                            
Est. Net Worth: $200 Million      
Source: COSMETICS

#55 NENE DROLO BOSSO ADAMTEY   
Est. Net Worth: $200 Million          
Source: INVESTMENTS 

#56 THE PEPERA FAMILY                              
Est. Net Worth: $180 Million         
Source: AUTOMOBILE

#57 PRINCE KOFI AMOABENG               
Est. Net Worth: $170 Million         
Source: FINANCE

#58 KWAME OFOSU BAMFO                   
Est. Net Worth: $170 Million         
Source: PAINTS

#59 VICTOR ALHASSAN                              
Est. Net Worth: $167 Million           
Source: OIL & GA

#60 NIK AMARTEIFIO                                      
Est. Net Worth: $163 Million           
Source: INVESTMENTS

#61 KOFI NSIAH POKU                          
Est. Net Worth: $160 Million        
Source: PHARMACEUTICALS

#62 ERNEST OFORI SARPONG            
Est. Net Worth: $160 Million          
Source: DIVERSIFIED

#63 JOSEPH NSONAMOAH                   
Est. Net Worth: $155 Million            
Source: FINANCE

#64 EMMANUEL ABLEDU                       
Est. Net Worth: $152 Million           
Source: OIL & GAS

#65 QUINCY SINTIM-ABOAGYE               
Est. Net Worth: $150 Million           
Source: PETROLEUM

#66 YAW ADU-GYAMFI                   
Est. Net Worth: $144 Million         
Source: PHARMACEUTICALS

#67 OSEI KWAME   (Despite)                                       
Est. Net Worth: $142 Million          
Source: MEDIA

#68 SETH KWASI DEI                                      
Est. Net Worth: $140 Million          
Source: DIVERSIFIED

#69 GIFTY LAMPTEY                                        
Est. Net Worth: $135 Million          
Source: FERTILIZERS

#70 THE FRIMPONG-ANSAH FAMILY       
Est. Net Worth: $130 Million    
Source: TEXTILES

#71 JOHN SACKAH ADDO                             
Est. Net Worth: $128 Million           
Source: FINANCE

#72 MIKE NYINAKU                                         
Est. Net Worth: $125 Million            
Source: DIVERSIFIED

#73 JUSTICE TAYLOR                                      
Est. Net Worth: $125 Million           
Source: DIVERSIFIED

#74 TORGBOR MENSAH                                
Est. Net Worth: $120 Million           
Source: ADVERTISING

#75 EDWARD BOATENG                         
Est. Net Worth: $118 Million         
Source: MEDIA

#76 SAMIR KALMONI                 
Est. Net Worth: $115 Million           
Source: FAST FOOD  

#77 TUTU AGYARE                      
Est. Net Worth:  $110 Million          
Source: HEDGE FUND

#78 KWASI TWUM                       
Est. Net Worth: $110 Million            
Source: MEDIA

#79 GRACE AMEY-OBENG         
Est. Net Worth: $100 Million          
Source: COSMETICS

#80 SANDY OSEI-AGYEMAN   
Est. Net Worth: $100 Million          
Source: COSMETICS

Data Credit: Goodman AMC