Top 10 Richest Men in Ghana 2023

Are you inquisitive about the richest men in Ghana? If that’s the case, then you should read this article.

Ghana is one of the wealthiest countries in Africa, and the country is endowed with a variety of natural resources, including diamonds, timber, gold, and bauxite, amongst others.

The majority of Ghana’s wealthiest men are to be found working in various business sectors across the country, and there is no question that Ghana’s commercial sector is one of the most important contributors to the country’s overall economy.

Below you will find a trustworthy list that we have produced of the top 10 richest men in Ghana 2023. This list was compiled in the same manner as the list of the richest people in Nigeria.

These are the Richest Men in Ghana 2023

  1. Ernesto Taricone – Net Worth of $1.3 billion.
  2. Sam E. Jonah – Net Worth of $1.2 billion.
  3. Dr Kwame Addo-Kufuor – Net Worth of $1.2 billion.
  4. Nabil Edmond Moukarzel – Net Worth of $900 million.
  5. Michael Ibrahim Mahama – Net Worth of $860 million.
  6. Mohammed Ahmed Odaymat – Net Worth of $800 million.
  7. The Irani Family – Net Worth of $800 million.
  8. Kalmoni Family – Net Worth of $700 million.
  9. Kwabena Duffuor – Net Worth of $680 million.
  10. The Awuah-Darko Family – Net worth of $650 million.

Also Check out: The Richest Men in Africa 2022.

Detailed List of the Top 10 Richest Men in Ghana 2023

The following detailed list of the Wealthiest Men in Ghana appears in a descending order of arrangement.

10. The Awuah-Darko Family – Net worth of $650 million

Kingsley Kwame Awuah-Darko, Daniel Awuah-Darko Jr, David Awuah-Darko, and Harold Awuah-Darko are members of the Awuah-Darko family.

This family may trace their ancestry back to the late Nana Awuah-Darko Ampem, who was an Ashanti Juaso Nkosuohene and the first Ghanaian to captain the Accra Polo Club.

Nana Awuah Darko Ampem started out his professional life in Ghana working as an insurance broker. This was before the country’s government passed a law that made it illegal for government institutions to collaborate with insurance brokers.

After a period of time, Vanguard Insurance grew into what is today known as the Vanguard Group, which is made up of several different businesses.

After Nana Darko Ampem’s passing, his family was given the controlling stakes in his financial services empire as well as Ghana’s first indigenous insurance firm. These were inherited from him.

Their combined wealth is estimated to exceed $650 million, making them one of the wealthiest groups of men in Ghana at the present time. These guys have spent their lives working together to form a familial relationship.

Source of Wealth: Finance.

9. Kwabena Duffuor – Net Worth of $680 million.

With an estimated net worth of $680 million, Kwabena Duffuor ranks as one of the top richest people in Ghana.

Kwabena Duffuor is the founder and chairman of HODA Holdings, a conglomerate that operates in the fields of insurance, banking, real estate, agriculture, mining, and media.

Ghana’s Finance Minister was Kwabena Duffuor. In addition, he was the governor of the Bank of Ghana at one point.

At an IMF/World Bank summit in 1999, Duffuor was rated one of the four best Central Bank Governors in the world.

So far, his hard work has earned him his position as the 9th richest man in Ghana.

Source of wealth: Insurance business.

8. Kalmoni Family – Net Worth of $700 million.

Another family to make it to the list of the top richest men in Ghana is the Kalmoni family with an estimated net worth of $700 million.

Jalal Kalmoni, Salem Kalmoni, and Nouhad Kalmoni, the heirs to the Kalmoni fortune, work in the automobile sector as CEOs of Japan Motors and Silver Star Auto, respectively.

Salah Kweku Kalmoni, the other Kalmoni brother, is in charge of the family’s real estate businesses, including Advance Constructions, Lakeside Estates, and Silver Star Tower.

The Kalmonis earned their wealth through their automobile company, Japan Motors, which has seven subsidiaries including: Silver Star Auto Limited, Modern Automobile Services, Oman Fofor Trading Company Limited, Star Property Management Limited, Advance Construction & Development Limited, Silver Star Tower Limited, among others.

Source of wealth: Diversified.

7. The Irani Family – Net Worth of $800 million.

Anthony and Edmund Irani are two Lebanese brothers who immigrated to Ghana in 1967 and created Irani Brothers & Others Limited to make wheat flour. Bread flour and pastry flour are the company’s major products at the moment.

Irani Brothers, the market leader in wheat flour production in Ghana, employs over 400 people and controls around 55 percent of the whole market.

The company now imports over 180,000 metric tons of wheat per year for milling into bread and pastry flour, accounting for approximately 60% of wheat flour sales in Ghana.

Irani Brothers & Others Limited is Ghana’s oldest and largest wheat flour mill, and the Irani family (Anthony Irani and Edmund Irani) have a combined value of $800 million, enabling them to be among the richest men in Ghana under the name, Irani Family.

Source of wealth: Flour Business.

6. Mohammed Ahmed Odaymat – Net Worth of $800 million.

Mohammed Ahmed Odaymat is a Lebanese-born Ghanaian.

He owns and operates many enterprises, including Rana Motors and Metal Works Engineering, as well as BBC LEYLAND & LEYLAC PAINTS and AQUAFILL MINERAL WATER.

Mohammed Odaymat is the Chairman of the Board of BBC Industrial Ghana Limited, the Tema-based manufacturer of Leyland and Leylac paints.

He formerly worked for Toyota Ghana before acquiring the BBC Industrial Company in 1978, which is Ghana’s largest local paint factory.

With a net worth of $800 million as of 2022, Mohammed Ahmed Odaymat is likewise one of Ghana’s wealthiest men.

Source of wealth: Investments and Business.

5. Michael Ibrahim Mahama – Net Worth of $860 million.

Ibrahim Mahama was born in Ghana on January 29, 1971. He is a businessman who founded Engineers and Planners, West Africa’s largest indigenous-owned mining enterprise. He also owns Dzata Cement Limited, as well as various other enterprises in Ghana.

Ibrahim Mahama is one of Ghana’s wealthiest persons, with an estimated net worth of $860 million in 2022. Engineers and Planners, owned by Ibrahim Micheal Mahama, specializes in mining, construction, and civil works, as well as heavy-duty equipment rental and consulting services.

In case you didn’t know, Ibrahim Mahama is the younger brother of John Dramani Mahama, Ghana’s former President.

Ibrahim Mahama is a hardworking man and very business minded, no wonder he is one of the richest men in Ghana.

Source of wealth: Business, Investments and Mining.

4. Nabil Edmond Moukarzel – Net Worth of $900 million.

Nabil Edmond Moukarzel is one of richest Ghanaians in 2022 with a net worth of $900 million. He is the majority shareholder in Fintrade, a large food manufacturing and distribution company with a strong presence in West Africa.

Fintrade deals with a wide range of items, including frozen meals, vegetable oil, sugar, rice, cocoa, meat, ice cream, dairy products, beverages, powdered milk, animal feed, sanitary products, and kitchenware.

Akufo Adamfo, Ghana Market Direct Ltd, Continental Commodity Trading Company, Sucatrade, and others are among the company’s subsidiaries.

Source of wealth: Food Business.

3. Dr Kwame Addo-Kufuor – Net Worth of $1.2 billion.

Kwame Addo-Kufuor’s net worth is estimated at $1.2 billion, making him one of the richest men in Ghana.

Dr Kwame Addo-Kufuor is a famous and wealthy politician in Ghana. He was once a member of parliament for Manhyia and was as well a Minister for Defence from 2001-2007.

He is professionally a medical doctor who has deep interest in politics. His party name is called New Patriotic Party.

Kwame Addo-Kufuor was born on July 14, 1940 in Kumasi, Ghana. He graduated from Jesus College, University of Cambridge.

Source of wealth: Politics.

2. Sam E. Jonah – Net Worth of $1.21 billion.

Samuel Esson Jonah is another icon richest men in Ghana, as his net worth has been estimated to be $1.21 billion.

Sam Jonah is a popular business mogul in Ghana and the Executive Chairman of Jonah Capital, a company located in Johannesburg, South Africa. He was also the former president of AngloGold Ashanti, a mining company which operates in 4 continent.

Samuel Esson Jonah was born on Novemeber 19, 1949 in Ghana. He graduated from Adisadel College, Ghana.

Sam Joanah, the businessman is a board member of several popular companies like Vodafone, Otumfuo Osei Tutu II Foundation, and Global Advisory Council of the Bank of America, among others.

Source of Wealth: Business.

1. Ernesto Taricone – Net Worth of $1.3 billion.

Ernesto Taricone of Ghana, the richest man in Ghana has a mouthwatering estimated net worth of $1.3 billion. Taricone is widely known as the Executive Chair and CEO of Trasacco Group.

Trasacco is a multi-conglomerate in Ghana known for manufacturing, construction and real estate. Some of Ernesto Taricone’s key businesses include; Agriculture, Forestry, Mining, Construction and Real Estate Development. So far, he is known to have employees or workers ranging over 4000.

Although, Ernesto Taricone grew up with his father in Ghana and obtained his Ghanaian citizenship by Naturalization, he was born in Italy, particularly in the year 1948.

Ernesto Taricone co-owns the Michelleti & Co which has been operating as a construction industry for more than 60 years. He also co-owns the Royal Aluminum System; a manufacturing firm which produces aluminum windows and doors.

He has other businesses and investments in Ghana and around the world which has contributed to Taricone’s net worth and also as the richest man in Ghana’s title.

Source of Wealth: Investments, Manufacturing, Construction and Real Estate.

RELATED: The Richest Musicians in Nigeria.

Summary – Richest men in Ghana 2023

Simply put, business is something that all of these Ghanaian billionaires have in common. If you also have a concept for a business that you have been considering, take the first step toward making it a reality now. No matter how modest your beginnings, there is no upper bound on the potential size of your enterprise.

A quick note to let you know that the list of the top 10 richest men in Ghana 2022 is located above. Feel free to share your thoughts and opinions in regard to what this post has to offer.

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2 thoughts on “Top 10 Richest Men in Ghana 2023”

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