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Infinity Media
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The Richest Men In Bono Region, Ghana
The Bono Region, located in central Ghana, is known for its cultural heritage, economic contributions, and emerging entrepreneurs. Although Ghana’s wealthiest individuals are often associated with major cities like Accra and Kumasi, the Bono Region has produced notable business moguls, investors, and influential personalities who have played significant roles in shaping Ghana’s economy.
In this article, we explore the richest men in the Bono Region, detailing their sources of wealth, businesses, investments, and impact on the region’s development. These individuals have accumulated vast fortunes through diverse industries, including mining, oil and gas, agriculture, banking, and media.
1. Dr. Alhaji Asoma Abu Banda
Dr. Alhaji Asoma Abu Banda is one of the most successful businessmen from the Bono Region. Born in Kintampo, he has made a name for himself in Ghana’s business landscape. He is the CEO of Antrak Group of Companies, a logistics, transport, and shipping company that has played a vital role in Ghana’s trade sector.
Sources of Wealth:
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Shipping and logistics
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Real estate
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Transport sector
His estimated net worth is over $200 million. Beyond business, Dr. Banda is known for his philanthropic efforts, funding educational projects and supporting community development initiatives.
2. Dr. Kwame Addo Kufuor
Dr. Kwame Addo Kufuor is another wealthy individual from the Bono Region. He is a politician, physician, and businessman who has amassed substantial wealth through strategic investments. He is the former Minister of Defence and played a significant role in Ghana’s governance under President John Kufuor’s administration.
Sources of Wealth:
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Banking and finance
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Investments in mining
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Politics
His net worth is estimated at $1.2 billion, making him one of the richest politicians in Ghana. His business portfolio includes significant holdings in the banking sector, particularly UniBank and House of Duffuor Asset Holdings.
3. Dr. Paa Kwesi Nduom
Dr. Paa Kwesi Nduom is a well-known entrepreneur, investor, and politician. He has built a business empire that includes banking, hospitality, and investment firms.
Sources of Wealth:
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Banking (GN Bank)
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Hospitality (Coconut Grove Hotels)
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Investment firms
His estimated net worth is $300 million. Dr. Nduom is widely respected for his contributions to Ghana’s economy and his efforts to create employment opportunities through his numerous companies.
4. Dr. Kofi Amoah
Dr. Kofi Amoah is an influential businessman with investments across various sectors. He is best known for introducing Western Union to Africa, ensuring seamless money transfers across the continent.
Sources of Wealth:
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Money transfer services (Western Union Africa)
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Investments in real estate
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Financial services
With an estimated net worth of $250 million, Dr. Amoah continues to influence Ghana’s financial sector and economic policies.
5. Michael Ibrahim Mahama
Michael Ibrahim Mahama is a businessman with interests in mining and engineering. He is the managing director of Engineers & Planners, a leading mining services company in Ghana.
Sources of Wealth:
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Mining industry
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Engineering services
His estimated net worth is $860 million. He is also the brother of former Ghanaian President John Mahama.
6. Nabil Edmond Moukarzel
Nabil Edmond Moukarzel is a key player in Ghana’s food and manufacturing industry. He owns a significant share in Fintrade, one of West Africa’s largest food manufacturing and distribution companies.
Sources of Wealth:
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Food processing and manufacturing
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Distribution networks
His net worth is estimated at $900 million, making him one of the wealthiest individuals in Ghana.
7. The Irani Family
The Irani brothers, Edmund Irani and Anthony Irani, control Ghana’s largest wheat flour company, Brothers & Others Limited. They have built a dominant position in Ghana’s food processing industry.
Sources of Wealth:
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Flour milling
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Food distribution
Their collective net worth is estimated at $800 million.
8. Kwame Despite
Kwame Despite is a media mogul with ownership of multiple radio and television stations under the Despite Group of Companies. His media empire has expanded significantly over the years.
Sources of Wealth:
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Media (PEACE FM, OKAY FM, NEAT FM, HELLO FM)
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Real estate investments
His net worth is approximately $800 million, making him a key player in Ghana’s media landscape.
9. Dr. Sledge Duodu
Dr. Sledge Duodu is the CEO of Goldridge Ghana Limited, a company specializing in gold mining and trading. His business success has placed him among Ghana’s youngest millionaires.
Sources of Wealth:
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Gold mining
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Mineral resources
His estimated net worth is $250 million.
10. Dr. Kofi Amoa-Abban
Dr. Kofi Amoa-Abban is a successful entrepreneur in the oil and gas sector. He is the founder and CEO of Rigworld Group, an oil services company with operations in multiple African countries.
Sources of Wealth:
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Oil and gas services
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Investments in energy
His net worth is currently estimated at $500 million.
Conclusion
The Bono Region has produced some of Ghana’s wealthiest and most influential individuals. These men have built business empires in various industries, contributing significantly to Ghana’s economic growth. Their success stories serve as an inspiration to young entrepreneurs, demonstrating that with innovation, perseverance, and strategic investments, financial success is achievable.
Whether in mining, oil and gas, banking, media, or manufacturing, these individuals continue to shape Ghana’s business landscape. Their impact is felt not only in the Bono Region but across the entire nation and beyond.
