Ghana is an African country that has seen a huge growth in GDP since 2000 and currently ranks at number 8, ahead of Zambia of the wealthiest countries in Africa in terms of gross domestic product of $75 Billion.
Through the accumulation of wealth Ghana over the years, the country has a number of millionaires and billionaires. In this post we show you the top 20 richest people in Ghana in 2024.
Table of Contents
20) Patricia Poku-Diaby
Patricia Poku-Diaby is one of the richest women in Ghana in 2023. She is one of the most popular and influential businesswomen in Ghana and is best known as the founder of Plot Enterprise Group. She is also the CEO of the company that processes cocoa and exports worldwide.
What is the net worth of Patricia Poku-Diaby?
The net worth of Patricia Poku-Diaby is $360 million making her the richest women in Ghana in 2023. Her net worth was worth $720 million in 2015, however her net worth has been halved due to trade restrictions to exporting countries, the Covid-19 pandemic and inflation over the past 7 years.
19) The Kalmoni Family
The The Kalmoni Family are best known as the owners of the Japan Motors Group Of Companies in Ghana.
Japan Motors was established by Salem Kalmoni who arrived in Ghana from Lebanon to set up his company; Kalmoni & Sons.
Kalmoni & Sons was renamed Japan Motors in 1965. Today it has five branches across Ghana and employs over 300 people.
The heirs to the Kalmoni fortune include:
- Jalal Kalmoni
- Salem Kalmoni,
Salah Kweku Kalmoni, is the leader of the family’s real estate companies, which include:
- Advance Constructions
- Lakeside Estates
- Silver Star Tower
What is the net worth of The Kalmoni Family
The estimated net worth of The Kalmoni Family is $375 million, adjusted for inflation and post pandemic figures.
18) Dr Kofi Amoah
Citizen Kofi who’s real name is Dr Kofi Amoah is one of the top people men in Ghana in 2024.
Amoah is a financial mogul and founder of both Progeny Ventures International, and Global Access Savings and Loans Limited.
Dr Kofi Amoah made his first million dollars by bringing Western Union to Ghana.
What is the net worth of Dr Kofi Amoah
The net worth of Dr Kofi Amoah is $385 million in 2024.
17) Kwabena Agjare Danquah
The founder of Metalex, Kwabena Adjare Danquah, is a Ghanaian businessman who is one of the richest men in Ghana in 2024.
Since 1986 Metalex has become one of the biggest supplier of roofing products in Ghana and exports to Nigeria, Mali and West Africa.
What is the net worth of Kwabena Agjare Danquah?
The inflation adjusted net worth of Kwabena Agjare Danquah is $390 million in 2024.
16) Serge Bakalian
Serge Bakalian is one of the richest men in Ghana. He is the owner of Takoradi Flour Mills in Ghana.
Takoradi Flour Mills accounts for about 40% of the wheat flour market in Ghana. The company also export substantial amounts of flour to Canada and Europe leading to high profit margins for the company.
What is the net worth of Serge Bakalian?
The net worth of Serge Bakalian is $400 million in 2024.
15) The Azar Family
The Azar Family are one of the richest families in Ghana. Their history in business stems back to 1919 when Joseph Azar came to Ghana. From there he set up Joseph Azar and Sons, which later became City Paints Supply ltd.
In 1968 the Azar family diversified into paint manufacturing. Azar Chemical Industries Ltd. was joined with City Paints Supply Ltd under the Umbrella of Azar Group.
Azar group became one of the largest manufacturing companies in Ghana and employs over 500 people today.
What is the net worth of The Azar family?
The net worth of The Azar family is $489 million in 2024.
14) Ramchand Udharam Mohinani
The late Ramchand Udharam Mohinani is still considered one of the richest men in Africa. He was the founder and chairman of Mohinani Group
The Mohinani group have multiple operations including manufacturing, packaging, chemical, polymer and consumer durables distribution. Notable suppliers and clients include LG, Unilever and Coca Cola.
What is the net worth of Ramchand Udharam Mohinani?
The net worth of Ramchand Udharam Mohinani is $469 million.
13) The Hitti Family
The Hitti Family are the owners of the Hitti Group. Robert H. Hitti created the Hitti Group in 1973 when he established 3 manufacturing businesses under the Hitti Group umbrella.
The Hitti Group have several manufacturing and trading companies throughout Africa including:
- Qualiplast
- Duraplast
- Ashfoam
- Pro-Mousse (Niger)
- Pro-Mousse (Benin)
- Duraplast (Niger)
- Coolink
- Nesstra (UK)
- Nesstra (Ghana)
What is the net worth of The Hitti Family?
The net worth of the Hitti Family in 2023 is $475 million.
12) Ghassan Yared
Ghassan Yared has been in business in Ghana since 1993 and has worked his way up to becoming on of the richest men in Ghana. He is the founder, chairman and CEO of Forewin Group Ghana. Forewin Group Ghana is a marketing and distribution company and has grown over the years to become one of the biggest companies in Ghana.
Yared has also generated wealth through real estate investments
What is the net worth of Ghassan Yared?
The Forbes net worth of Ghassan Yared is $482 million in 2024.
11) The Awuah-Darko Family
The Awuah-Darko Family are the owners of the Vanguard Group of companies. Vanguard Group own a number of insurance and financial companies based throughout Ghana including
- Vanguard Assurance Company Limited
- Vanguard Life
- City Investments Company Limited
- Vanguard Properties Limited
What is the net worth of The Awuah-Darko Family?
The estimated net worth of the Awuah-Darko Family is $530 million in 2023.
10) Joseph Siaw Ayepong
Born in Assin-Amoabeng, Joseph Siaw Ayepong became on of the most influential businessmen in Ghana. He is the owner of the Jospong Group of Companies that operates in Africa, the Middle East and Asia.
As of 2023 the Jospong Group of Companies have over 32 subsidiaries with 11 operated in Ghana.
What is the net worth of Joseph Siaw Ayepong?
The net worth of Joseph Siaw Ayepong is $670 million in 2024.
9) Kwabena Duffuor
Kwabena Duffuor has an impressive CV and is the 9th richest man in Ghana. He is the founder and chairman of HODA Holdings.
HODA Holdings own businesses in the Insurance, Banking, Real Estates, Farming, Mining and Media industries.
Duffuor is best known for his time serving as the Finance Minister of Ghana. He previously held the position as the governor of the Bank of Ghana.
His honors include being named as one of the four best Central Bank Governors in the World at an IMF/World Bank meeting in 1999.
Duffuor is a Fellow of the Akuafo Hall, University of Ghana, a Fellow of the Chartered Institute of Bankers and the founder and president of the Institute for Fiscal Studies in Ghana, a non-profit think-tank providing economic advocacy and training which he established in March, 2013.
Kwabena Duffuor founded UniBank which collapsed in 2018.
What is the net worth of Kwabena Duffuor?
The he net worth of Kwabena Duffuor is $680 million.
See how much his net worth is in figures
8) Osei Kwame Despite
Osei Kwame Despite is the 8th richest man in Ghana 2024. He is the owner of the Despite Group of Companies which include;
- U2 Company Limited
- Okay FM
- Peace FM
- Neat FM
- Hello FM
- Despite Stores
- Best Point Savings and Loans (Finance)
- Farming and Building Construction businesses
- Neat Foods Company Limited
- United Television Company Limited
- Atona Foods LTD
His impressive portfolio of businesses in the media industry in Ghana.
Osei Kwame Despite has a wife and nine children.
What is the net worth of Osei Kwame Despite?
Osei Kwame Despite ‘s net worth is $690 million.
7) The Irani Family
The Irani’s are among the richest people in Ghana. The source of the wealth began in 1967 when the wo Lebanese brothers, Anthony Irani and Edmund Irani, immigrated to Ghana and founded the wheat company; Irani Brothers & Others Limited.
The company has a huge share of wheat and flour sales in Ghana.
What is the net worth of The Irani family?
The Irani family net worth is estimated to be $700 million in 2023 with inflation adjusted.
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6) Nabil Edmond Moukarzel
Nabil Moukarzel is the leading shareholder of the Finatrade Group. Finatrade Group is one of the largest food manufacturing companies in Ghana and food distribution companies in West Africa. Moukarzel’s company is Ghana’s largest distributor of food and is best known for its Rice Master and Sultana rice brands.
What is the net worth of Nabil Edmond Moukarzel?
The net worth of Nabil Moukarzel is $730 million.
5) Alhaji Mohammed Ahmed Odaymat
Alhaji Odaymat ranked 5th in our list of richest people in Ghana 2024. He is of Lebanese descent. Odaymat purchased BBC Industrial Company in 1978, BBC Industrial was then owned by Boutros BouChedid, also a Ghanaian of Lebanon. After Odaymat’s take over of BBC Industrial Company, he developed the Leyland and Leylac brand of paint products.
Odaymat also founded the Rana Motors and Metal Works Engineering companies which have diversified into new markets over the years.
What is the net worth of Alhaji Mohammed Ahmed Odaymat?
The net worth of Alhaji Mohammed Ahmed Odaymat is $750 million.
4) Charles Ampofo
Ampofo was the richest man in Ghana in 2015. Sadly, Charles Ampofo passed away in 2020 after a 4 year battle with illness.
Ampofo was the Chairman of the Kampac Group and also involved with the Goodman AMC management consultancy firm.
What is the net worth of Charles Ampofo?
Charles Ampofo was worth $1.46 million in 2015 but since his passing his estate is now worth $900 million.
3) Ibrahim Mahama
Ibrahim Mahama is the third richest Ghanaian businessman in 2024. Mahama is the founder of Engineers and Planners one of the largest mining companies in West Africa.
Mahama is also the owner of several other businesses in Ghana including Dzata Cement Limited.
His older brother John Dramani Mahama was the President of Ghana from 2012 to 2017.
What is the net worth of Ibrahim Mahama
The net worth of Ibrahim Mahama is $960 million.
2) Sir Samuel E. Jonah
Samuel Esson Jonah is a Ghanaian businessman. He has one of the most prestigious CV’s of anyone in Ghana. He became one of the most sucessful and richest men in Ghana through his endeavours and a businessman.
Jonah is the current chancellor of the University of Cape Coast.
He is the executive chairman of Jonah Capital, an equity fund based in Johannesburg, South Africa. Jonah was previously president of AngloGold Ashanti and shared the strategic leadership of the company with its CEO, Bobby Godsell.
He is a non-executive director of Vodafone.
Sam Jonah received and honorary knighthood by the Prince of Wales for this recognition for his achievements. This is the reason he is often referred to as Sir Samuel E. Jonah.
See also the richest billionaires in South Africa
What is the net worth of Sir Sam E. Jonah?
The net worth of Sir Sam E. Jonah is $1 billion.
1) Ernesto Taricone
Ernesto Taricone is the richest man in Ghana in 2023. Taricone is a billionare who grew his fortune as an industrial investor.
He is the Executive Chairman and CEO of Trasacco Group which employs over 4000 Ghanaians and expatriates.
Ernesto Taricone is of Italian descent. He was born in Italy in 1948; he came to Ghana in 1968
The majority of his businesses is located in Ghana. He has invested in:
- Agriculture
- Mining
- Forestry
- Construction
- Real Estate
He is one of the reasons for the growth in housing and luxury apartments in Ghana today.
What is the net worth of Ernesto Taricone?
The net worth of Ernesto Taricone is $1.01 Billion.
That was the top 20 list of Richest Ghanaians from the Forbes list. If you are looking to make money yourself and one day get on this list, view our guide to making money.