Top 10 Richest People in Ghana in 2025
Introduction: Ghana’s Wealth Landscape in 2025
Ghana has emerged as one of West Africa’s most vibrant economies, with a growing roster of successful entrepreneurs and business leaders building impressive fortunes across various sectors. From real estate and banking to telecommunications and oil & gas, Ghana’s wealthiest individuals have created substantial value while contributing to the nation’s economic development.
In this comprehensive guide, we’ll explore the top 10 richest people in Ghana in 2025, examining their net worth, business interests, and the industries that have propelled them to financial success. Whether you’re interested in Ghanaian billionaires, successful African entrepreneurs, or investment opportunities in Ghana’s growing economy, this article provides valuable insights into the country’s wealth landscape.
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Ghana’s Top 10 Wealthiest Individuals in 2025
1. Ibrahim Mahama – $1.9 Billion
Primary Industry: Mining, Construction, and Engineering Key Companies: Engineers & Planners Company Limited, Asutsuare Poultry Farms
Ibrahim Mahama, brother of former Ghanaian President John Dramani Mahama, continues to strengthen his position as Ghana’s wealthiest individual. His flagship company, Engineers & Planners (E&P), has expanded its mining operations across West Africa, securing major contracts in Ghana, Liberia, and Sierra Leone.
Beyond mining, Mahama’s diversified portfolio includes:
- Real estate developments in Accra and Kumasi
- Agriculture investments through Asutsuare Poultry Farms
- Strategic stakes in Ghana’s energy sector
Under his leadership, E&P has pioneered sustainable mining practices, balancing profitable extraction with environmental responsibility—a model increasingly valued in Africa’s resource-rich economies.
2. John Agyekum Kufuor – $1.5 Billion
Primary Industry: Oil & Gas, Real Estate Key Companies: Kufuor Energy Group, J.A. Kufuor Foundation
The former President of Ghana has successfully transitioned to business, building a substantial fortune primarily in the oil and gas sector. His Kufuor Energy Group holds significant exploration and production licenses in Ghana’s offshore oil fields, benefiting from the country’s expanding energy sector. Explore the UK’s top 3 industries for 2025 to see how oil, real estate, and services are shaping global wealth.
Kufuor’s wealth sources include:
- Strategic partnerships with international oil companies
- Premium real estate developments in Accra and Takoradi
- Philanthropic ventures through the J.A. Kufuor Foundation that have attracted substantial international funding
His political connections and international reputation have helped secure favorable deals, contributing significantly to his wealth accumulation.
3. Patricia Poku-Diaby – $1.2 Billion
Primary Industry: Cocoa Processing, Commodities Trading Key Companies: Plot Enterprise Group, Golden Trading Company
As Ghana’s richest woman, Patricia Poku-Diaby has revolutionized the country’s cocoa industry by focusing on value addition rather than raw exports. Her Plot Enterprise Group operates one of West Africa’s largest cocoa processing facilities, producing semi-finished and finished products for both local consumption and export.
Key factors in her wealth growth include:
- Vertical integration in the cocoa supply chain
- Expansion into neighboring markets including Côte d’Ivoire and Nigeria
- Diversification into other agricultural commodities
- Strategic partnerships with European chocolate manufacturers
Her success represents a shift in Ghana’s approach to natural resources, emphasizing local processing to capture more value within the country.
4. Kwame Despite – $950 Million
Primary Industry: Media, Entertainment, Banking Key Companies: Despite Group of Companies, Best Point Savings and Loans
Kwame Despite - $950 MillionOsei Kwame Despite, commonly known as “Despite,” has built an impressive media empire that includes Peace FM, UTV, and Okay FM. His Despite Group of Companies has expanded beyond media into financial services through Best Point Savings and Loans, which serves Ghana’s growing middle class.
Despite’s wealth stems from:
- Dominant market share in Ghana’s media landscape
- Strategic diversification into microfinance and banking
- Food and beverage investments, including This Way Chocolate Drink
- Luxury real estate portfolio in prime Accra locations
His business acumen combined with deep understanding of Ghanaian consumer preferences has driven his financial success.
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5. Dr. Joseph Siaw Agyepong – $850 Million
Primary Industry: Waste Management, Environmental Services Key Companies: Jospong Group, Zoomlion Ghana Limited
Dr. Joseph Siaw Agyepong has transformed Ghana’s waste management sector through his flagship company, Zoomlion Ghana Limited. The Jospong Group now encompasses over 40 companies spanning waste management, environmental sanitation, banking, and manufacturing.
Recent wealth growth has come from:
- Expansion of waste management contracts to other African countries
- Development of recycling facilities and circular economy initiatives
- Strategic partnerships with international development agencies
- Investments in sanitation technology and equipment manufacturing
His business model addresses critical infrastructure needs while generating substantial profits, demonstrating the potential for solving social challenges through entrepreneurship.
6. Nana Kwame Bediako (Freedom Jacob Caesar) – $780 Million
Primary Industry: Real Estate Development, Hospitality Key Companies: Wonda World Estates, Petronia City Development
Known by his moniker “Cheddar” or “Freedom Jacob Caesar,” Nana Kwame Bediako has made his mark through luxury real estate developments in Ghana’s most prestigious areas. His signature project, Petronia City, continues to develop as an integrated city with residential, commercial, and industrial zones.
Bediako’s wealth is derived from:
- Premium real estate developments in Accra’s Airport Residential Area and Trassaco Valley
- Hospitality investments including boutique hotels and resorts
- Strategic land acquisitions in rapidly appreciating urban areas
- International property investments in Dubai and London
His understanding of luxury real estate needs and ability to deliver high-end properties has cemented his position among Ghana’s wealthiest.
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7. Sir Sam Jonah – $720 Million
Primary Industry: Mining, Investment Banking Key Companies: Jonah Capital, Equatorial Cross Acquisitions
The former Executive President of AngloGold Ashanti, Sir Sam Jonah continues to play a significant role in Africa’s mining and finance sectors. Through his investment vehicle, Jonah Capital, he holds diverse interests across multiple countries and industries.
Jonah’s wealth portfolio includes:
- Strategic investments in mining operations across Africa
- Banking and financial services stakes
- Telecommunications interests in Ghana and beyond
- Education and healthcare investments
His global connections and deep industry expertise have enabled successful investments in various sectors, contributing to his substantial net worth.
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8. Ernesto Taricone – $630 Million
Primary Industry: Construction, Hospitality, Manufacturing Key Companies: Trasacco Group, Kingdom Hotel and Resorts
Italian-born Ghanaian businessman Ernesto Taricone has built the Trasacco Group into one of Ghana’s most diversified conglomerates. His flagship Trasacco Valley residential development remains one of Ghana’s most exclusive addresses.
Taricone’s wealth sources include:
- High-end real estate developments and property management
- Construction and civil engineering projects
- Manufacturing facilities producing building materials
- Luxury hospitality ventures including Kingdom Hotel and Resorts
His ability to identify market gaps in Ghana’s premium sectors has driven consistent growth in his net worth.
9. Kwesi Twum – $580 Million
Primary Industry: Media, Entertainment, Sports Key Companies: Multimedia Group Limited, Joy FM
Founder of the Multimedia Group Limited, Ghana’s largest independent media conglomerate, Kwesi Twum has built an empire spanning radio, television, and digital platforms. Joy FM, his flagship station, remains one of Ghana’s most influential media outlets.
Key components of Twum’s wealth include:
- Dominant market position in Ghana’s English and local language broadcasting
- Digital media expansion through multimedia platforms
- Strategic sports broadcasting rights
- Diversification into entertainment and event management
His understanding of Ghana’s media landscape and ability to adapt to changing consumption patterns has sustained his business success.
10. Kevin Okyere – $550 Million
Primary Industry: Oil & Gas, Energy Key Companies: Springfield Group, Springfield E&P
As founder and CEO of Springfield Group, Kevin Okyere made history when Springfield E&P discovered 1.2 billion barrels of oil in deep-water drilling operations—the first such discovery by an African company. His continued success in the energy sector has solidified his position among Ghana’s wealthiest individuals. Discover Britain’s top five billionaires in 2025 and see how their fortunes compare to Ghana’s leading entrepreneurs and industries.
Okyere’s wealth is built on:
- Strategic oil and gas exploration licenses
- Downstream petroleum operations including distribution
- Energy infrastructure investments
- Strategic partnerships with international oil majors
His technical knowledge combined with business acumen has enabled breakthrough success in a sector traditionally dominated by international companies.
Key Industries Driving Wealth Creation in Ghana
Ghana’s wealthiest individuals have built their fortunes across diverse sectors, reflecting the country’s evolving economy:
- Natural Resources: Despite diversification efforts, mining, oil & gas, and agricultural commodities remain significant wealth generators
- Real Estate Development: Premium residential and commercial projects continue to deliver substantial returns
- Financial Services: Banking, insurance, and investment services have created significant wealth as Ghana’s financial sector matures
- Media and Entertainment: The expanding middle class has increased demand for content and entertainment
- Infrastructure and Construction: Ghana’s development needs have created opportunities for construction magnates
How Ghana’s Richest Compare to Other African Wealth Leaders
While Ghana’s wealthiest individuals have built impressive fortunes, they still trail behind the continent’s richest people from Nigeria, South Africa, and Egypt. Dive into the updated list of Nigeria’s top ten billionaires in 2025 and compare their sectors and net worth’s with Ghana’s elite However, Ghana’s representation among Africa’s wealthy elite continues to grow, reflecting the country’s economic progress and entrepreneurial dynamism.
Factors distinguishing Ghana’s wealthy from continental counterparts include:
- Greater industrial diversification compared to resource-dependent economies
- Stronger emphasis on regional rather than pan-African expansion
- More significant involvement in social impact initiatives
- Higher proportion of self-made versus inherited wealth
Investment Lessons from Ghana’s Wealthiest Individuals
The success stories of Ghana’s richest people offer valuable insights for investors and entrepreneurs:
- Identify Structural Gaps: Many built fortunes by addressing fundamental economic needs
- Leverage Local Knowledge: Deep understanding of Ghanaian markets provided competitive advantages
- Build Strategic Partnerships: International collaborations accelerated growth and provided capital
- Diversify Strategically: Most expanded methodically into complementary sectors
- Balance Risk and Stability: Combining high-risk ventures with stable income-generating assets
FAQ: Ghana’s Richest People and Wealth Creation
Who is currently the richest person in Ghana?
Based on 2025 data, Ibrahim Mahama leads Ghana’s wealth rankings with an estimated net worth of $1.9 billion, primarily from mining, construction, and engineering ventures.
How many billionaires does Ghana have?
As of 2025, Ghana has three dollar billionaires: Ibrahim Mahama, John Agyekum Kufuor, and Patricia Poku-Diaby.
What is the main source of wealth for Ghana’s richest individuals?
While natural resources remain important, Ghana’s wealthiest have increasingly built fortunes in diversified sectors including real estate, financial services, manufacturing, and media.
How does Ghana’s wealth distribution compare to other West African countries?
Ghana demonstrates broader wealth distribution across industries compared to more oil-dependent economies like Nigeria, with greater representation of self-made entrepreneurs.
Are there investment opportunities in the sectors dominated by Ghana’s richest?
Yes, several sectors including real estate development, financial services, agro-processing, and renewable energy offer promising investment opportunities with growing demand and supportive regulatory frameworks.
Conclusion: The Future of Wealth Creation in Ghana
Ghana’s wealthiest individuals reflect the country’s economic transformation and entrepreneurial vitality. While natural resources continue to play a role in wealth creation, the diversification of fortunes across multiple sectors suggests a maturing economy with growing opportunities.
The increasing presence of tech entrepreneurs, sustainable business models, and impact-focused ventures among Ghana’s emerging wealthy class indicates future wealth creation may take new forms. As Ghana continues its economic development, we can expect both the number of ultra-wealthy individuals and the diversity of wealth sources to expand.
For investors and entrepreneurs, Ghana’s wealth landscape offers valuable lessons in identifying opportunities, building sustainable businesses, and creating value in an evolving African economy.to find richest people in the world click here
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