We present an updated list of the wealthiest individuals in Ghana for 2023, spotlighting the affluent personalities residing in the country and detailing their individual net worths. These individuals represent the pinnacle of Ghana’s wealth hierarchy.

Ghana, a leading economic force in West Africa, boasts some of the continent’s most prosperous individuals. The nation’s abundance of human, cultural, tourism, mineral, and various other resources solidifies its position as a standout success story in Africa.

As a diverse melting pot, Ghana naturally houses a select group labeled as "Ghana’s richest men," individuals who have amassed considerable wealth.

Our recent publication highlighting the top ten richest musicians in Nigeria offers a comprehensive look into these African icons, covering their professions, income sources, and current net worth.

In this current piece, we delve into the lives of Ghana’s ten wealthiest men, uncovering their occupations and detailing their current wealth. Furthermore, you'll discover intriguing insights about each of these influential individuals.

The Top 10 Richest Men In Ghana 2023

#1 Ernesto Taricone $1.3 Billion
#2 Dr. Kwame Addo-Kufuor $1.2 Billion
#3 John Mahama $900 Million
#4 The Irani Brothers $800 Million
#5 Kwaben Duffuor $680 Million
#6 Samuel Esson $650 Million
#7 Ghassan Yared $480 Million
#8 Serge Bakalian $460 Million
#9 Dr. Kwesi Ndoum $300 Million
#10 Nana Akufo-Addo $250 Million

10. Nana Akufo-Addo's Net Worth: ($250 million)

Nana Akufo-Addo, a prominent figure in Ghana, stands among the country's richest men, leading our list.

Since assuming the presidential role, he has played a pivotal part in propelling Ghana's growth and advancing its industries.

Before his presidency, Akufo-Addo served as Attorney General from 2001 to 2003 and later took on the responsibilities of Minister of Foreign Affairs for a subsequent four-year term.

Born into the influential lineage of Adeline and Edward Akufo-Addo, Nana Akufo-Addo's family held significant sway in Ghana during their military service.

His father, Edward Akufo-Addo, served the nation as Chief Justice and later as non-executive President for several years.

It appears that Nana Akufo-Addo has upheld his family's legacy by rising to the apex of Ghana's political structure.

9. Dr. Kwesi Ndoum (Net Worth: $300 million)
 Dr. Kwesi Ndoum 

No list of Ghana's richest men is complete without mentioning Dr. Kwesi Ndoum. Not only an established entrepreneur, but he has also carved a niche in the political sphere, serving under several Ghanaian administrations.

A highlight of his political journey includes representing the Komenda-Edina-Eguafo-Abirem district as a parliamentarian. Additionally, he played a significant role in the state machinery during the Kufuor administration between 2001 and 2007, holding various ministerial positions.

Before gaining renown in Ghanaian society, Ndoum spent a significant part of his life in the United States.

Initially working at an insurance company as a Life Insurance Underwriter at North-Western Mutual Life Insurance Company for three years, financial pressures led him to leave. Shortly after, he became a respected employee at Blue Cross Blue Shield of Wisconsin.

Ndoum amassed his wealth primarily by contributing his expertise to the British firm Deloitte and Touche, aiding their operations in West Africa. His contributions gained recognition, leading him to public office as a member of Parliament in 2001. Today, Ndoum firmly holds a place among Ghana's wealthiest men.

8. Serge Bakalian (Net Worth: $460 million)

Bakalian stands among Ghana's richest men despite his mixed ancestry and Armenian origin.

His wealth stems from inheriting the flour mill company his father founded, contrasting with most individuals on this list who became millionaires through independent business initiatives.

Bakalian elevated the business by implementing successful tactics, boosting the company's earnings to millions.

While some might assume his inheritance eased his path, he deserves recognition for enhancing the company's net value in just a few years.

7. Ghassan Yared (Net Worth: $480 million)
Ghassan Yared

Yared, a prominent figure among Ghana's richest men, built a business empire from scratch.

For someone starting from modest beginnings, credit is due to improving life for himself and those around him.

With astute business acumen, Yared transformed Ghana's business sector, generating substantial economic growth.

He founded Forewin Ghana Limited in 1993, which grew into several subsidiaries distributing major brands in Ghana.

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6. Samuel Esson Jonah (Net Worth: $650 million)
Samuel Esson Jonah

Samuel Esson Jonah, a top-tier businessman with high intellectual capacity, stands among Ghana's wealthiest men.

Over two decades, Jonah demonstrated his business acumen in various capacities, working hard to earn his wealth. He is the Chancellor of the University of Cape Coast and the Executive Chairman of Jonah Capital, which he founded.

Starting with the Ashanti Goldfield Corporation, Jonah climbed the ranks, significantly boosting the company's productivity.

Today, he ranks as Ghana's sixth richest man, having worked in various organizations, including Vodafone and Equinox Minerals.

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5. Kwabena Duffuor (Net Worth: $680 million)
Kwabena Duffuor

Kwaben Duffuor, a prominent figure in Ghana, served as the Minister of Finance and Governor of the Bank of Ghana.

Duffuor's strategies while serving as Governor of the Bank of Ghana improved the country's reserves, leading to gradual economic growth.

Recognized as one of the best central bank Governors globally, his accomplishments justify his net worth, earning him a spot among Ghana's richest men.

Starting his career at Ghana Commercial Bank, he rose from the lowest position to become the bank's chief economist.

He also worked as a part-time examiner in 1985 at the University of Ghana. Duffuor succeeded in his role at the Ghana Commercial Bank, and he was promoted to General Manager of the London branch of the bank. He returned to the country to become the Deputy Governor of the Bank of Ghana in 1995.

4. Irani Brothers (Net Worth: $800 million)
Ghana holds the Irani Brothers in high esteem. For over two decades, they have been synonymous with top-notch quality flour and pastries for the nation.

Their strides in Ghana, particularly within the flour industry, account for 55% of the country's flour and pastry consumption, signifying a substantial impact on Ghana's economy.

Following their remarkable success in the flour business, the brothers expanded into pastries, meeting a rising demand unmet by existing companies. Presently, their company yields an annual output of up to 200,000 metric tons of flour, showcasing unmatched prominence in Ghana's flour industry.

3. John Mahama (Net Worth: $900 million)

Dr. Kwame Addo Kuffuor

Ranked third among Ghana's top 10 richest men, John Mahama assumed Ghana's presidency in 2012 following the passing of President Atta Mills.

Beginning as a teacher of history at the secondary level, Mahama ventured into various roles, from a writer and historian to serving in prominent political positions such as Minister of Communications, Deputy Minister of Communication, Ghanaian Parliament member, and Vice President.

His quest for knowledge took him to Russia for a Master's degree. He augmented his political expertise through roles in the NGO Plan International’s Ghana Country Office, honing his skills in international relations, sponsorship communications, and grants management.

2. Dr. Kwame Addo Kuffuor (Net Worth: $1.2 billion)

Dr. Kwame Addo Kuffuor

Kwame Addo-Kufuor, a renowned Ghanaian politician and physician, held significant political offices during his tenure.

Serving as a Member of Parliament for Manhyia and later as Minister for Defence and Interior of Ghana, he pursued Medicine at the University of Cambridge for five years before further studies in the medical field.

Despite his medical education, his passion for politics overshadowed his medical practice. Presently, he leads the Ghana Chamber of Mines.

1.  Ernesto Taricone(Net Worth: $1.3 billion)

Ernesto Taricone

Meet Ernesto Taricone, the wealthiest man in Ghana as of 2023, with a net worth of $1.3 billion. Originally from Italy and now a naturalized Ghanaian citizen, Taricone recognized Ghana's burgeoning economy as a ripe investment opportunity.

As CEO and Executive Chairman of Trasacco company, he strategically invested in diverse sectors, including mining, agriculture, real estate, and construction, elevating his financial status from a multimillionaire to a billionaire.

His businesses provide livelihoods for over 4000 individuals, contributing significantly to the local content policy implemented by Ghana's government. Notably, his role in creating Trassaco Valley, housing some of Ghana's most luxurious structures, solidifies his impactful presence in Ghana's economic landscape.