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Infinity Media
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The Richest Men In Ashanti Region, Ghana
The Ashanti Region of Ghana, renowned for its rich cultural heritage and economic significance, has produced several individuals who have made remarkable strides in various industries. These business moguls and influential figures have amassed significant wealth through their ventures in mining, media, finance, and other sectors. In this blog post, we explore some of the wealthiest men from this region, highlighting their net worth, businesses, and contributions to Ghana’s socio-economic landscape.
1. Sir Samuel Esson Jonah – Estimated Net Worth: $1.2 Billion
Born on November 19, 1949, in Obuasi, Ashanti Region, Sir Samuel Esson Jonah is one of Ghana’s most successful businessmen. He is known for his remarkable achievements in the mining sector and his extensive contributions to corporate Ghana.
Business Ventures and Achievements:
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Mining Industry: He started his career at Ashanti Goldfields Corporation in 1979 and became its CEO at the age of 36.
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Expansion of Ashanti Goldfields: Under his leadership, gold production increased from 240,000 ounces per annum to over 1.6 million ounces.
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First African Company on NYSE: He was instrumental in listing Ashanti Goldfields on the New York Stock Exchange.
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Board Positions: Jonah has served on the boards of major corporations like Vodafone and the Bank of America Global Advisory Council.
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Education & Philanthropy: He is the Chancellor of the University of Cape Coast and has supported various educational initiatives.
In 2003, he was knighted for his contributions to the mining industry, making him the first Ghanaian to receive such an honor in the 21st century.
2. Osei Kwame Despite – Estimated Net Worth: $800 Million
Osei Kwame Despite, born on February 2, 1962, in Agona Wiamoase, Ashanti Region, is a Ghanaian entrepreneur and media mogul. He is the founder and owner of Despite Group of Companies, a conglomerate with interests in media, finance, and food processing.
Business Ventures and Achievements:
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Media Empire: Founder of Peace FM, Okay FM, Neat FM, Hello FM, and United Television (UTV), some of Ghana’s most influential media platforms.
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Food & Beverage Industry: Owner of Neat Foods Company Limited, Atona Foods LTD, and U2 Company Limited, specializing in salt production.
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Banking Sector: Co-founder of Best Point Savings and Loans, a financial institution serving millions of Ghanaians.
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Philanthropy: He has donated hospitals, schools, and supported various charities across Ghana.
His wealth and influence make him one of the most powerful business figures in the country.
3. Dr. Kwame Addo-Kufuor – Estimated Net Worth: $500 Million
Dr. Kwame Addo-Kufuor, born on July 14, 1940, in Kumasi, Ashanti Region, is a Ghanaian politician, medical doctor, and businessman. He is the brother of former Ghanaian President John Agyekum Kufuor.
Business Ventures and Achievements:
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Political Career: Served as Ghana’s Minister of Defence (2001-2007) and Minister of Interior (2008-2009).
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SSNIT Leadership: As Chairman of the Board of Trustees of SSNIT, he significantly improved the institution’s financial performance.
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Medical and Business Interests: A trained physician, he owns numerous medical facilities and real estate investments.
His influence extends beyond politics, with major investments in real estate and business.
4. Maxwell Kofi Jumah – Estimated Net Worth: $300 Million
Maxwell Kofi Jumah, born on June 26, 1950, in Antoa, Ashanti Region, is a Ghanaian businessman and politician. He has held various leadership roles in government and business.
Business Ventures and Achievements:
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Political Career: Former Mayor of Kumasi (2001-2004) and Member of Parliament for Asokwa (2005-2013).
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Manufacturing Industry: CEO of GIHOC Distilleries Company Limited, one of Ghana’s leading beverage manufacturers.
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Awards: Honored as CEO of the Year at the Ghana Manufacturers Awards in 2019.
His influence in Ghana’s industrial sector is significant, making him a key player in the country’s business landscape.
5. Frederick Attakumah – Estimated Net Worth: $200 Million
Frederick Attakumah is a prominent Ghanaian mining executive and businessman with a background in electrical and electronic engineering.
Business Ventures and Achievements:
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Mining Industry: Former Executive Vice President and Managing Director of Asanko Gold Ghana.
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Asante Gold Limited: Currently serving as Country Director, overseeing gold mining operations in Ghana.
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Education: Holds degrees from Kwame Nkrumah University of Science and Technology (KNUST) and Henley Business School, UK.
His work in the mining industry has contributed significantly to Ghana’s economy, and his expertise continues to drive innovation in the sector.
Conclusion
The Ashanti Region of Ghana has produced some of the country’s wealthiest and most influential individuals. These men have built business empires spanning media, mining, finance, and manufacturing, contributing immensely to Ghana’s economic growth. Their stories serve as an inspiration for young entrepreneurs looking to make an impact in Ghana and beyond.