The Top 20 Richest People In Ghana

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