The richest men in Ghana show that the country is a lot more economically developed than a lot people realize. Ghana has captains of industry that can stand their ground in any terrain, and in any financial environment.

These men; through their industry, have buoyed the Ghanaian economy in depth and scale, and have demonstrated the potential of Ghanaian human capital. These captains of industry have also shown the world what it takes to be a Ghanaian; and what Ghanaians can do.

They also serve as an example to the younger generation; young people can look at them and see what happens when a person develops his potentials, and dedicates his life to the pursuit.

Richest Men In Ghana 2022

1. Ernesto Taricone

Net Worth: $1.3 Billion

Industry: Construction and Real Estate

Even though his name sounds Italian, Ernesto Taricone is probably more Ghanaian than anybody else, having spent the most part of his life in Ghana, and built a powerful business in the country. Ernesto Taricone is the wealthiest man in Ghana; with a personal net worth estimated to be at least $1.3 billion.

He is the founder and chairman of Trasacco Group; a Ghanaian conglomerate which employs over 4000 people; making great contributions to the Ghanaian economy.

Trasacco Group has as part of its operations a real estate development company that actually creates cities and towns where there was only wilderness. This visionary company also has some of the most prestigious modern cities in Ghana in its portfolio. The company also has Sam Valley farms; which is its agricultural interest, and also various other investments in the hospitality industry, and in other sectors.

2. Dr. Kwame Addo-Kufuor

Net Worth: $1.2 Billion

Industry: Physician and Politics

Dr. Kwame Addo-Kufuor is a most respected gentleman in Ghana. He is a medical practitioner, politician, and businessman. He was a member of parliament from 2001 to 2007 for Manhyia; and he was Ghana’s minister Minister of Defense, a position he attained by his brother, President John Kufuor.

He also became Ghana’s Minister of Interior June 2008 and June 2009; a position that afforded him the opportunity to meet up with several big businesses in key areas of the economy.

Dr. Addo Kufuor has stakes in several establishments in Ghana, and he is a consultant and lobbyist for many others.

3. John Mahama

Net Worth: $900 Million

Industry: Politics

John Mahama is an accomplished personality in Ghana; he started from the bottom, but has risen all the way to the top of Ghanaian society to become one of the wealthiest citizens in the country. Most people know John Mahama as the man who succeeded Atta Mills as president of Ghana, but he has a much more interesting story than that.

John Mahama began his career as a secondary school history teacher, and then he then became a writer; focusing on politics and history. From there on things started to take a rather interesting turn; he entered politics and was made Minister of communications; he has also been a Member of the Ghanaian Parliament, and Vice President of the country, before becoming president.

John Mahama was also at one time cultural attaché to the Japanese embassy in Ghana.

4. The Irani Brothers

Net Worth: $800 Million

Industry: Flour Production

The Irani Brothers are Ghanaian entrepreneurs and captains of industry. Together, they stand as one; and their business enterprise qualifies them as one of the richest men in Ghana.

They have their roots in Lebanon, but this family has been in Ghana since the 1950s. The company which is now known as the Irani Brothers was established in Ghana in 1967; now the second generation of the family is in charge of the company, and they have been doing quite well in business terms.

The Irani Brothers are the biggest producers and distributors of flour in Ghana; producing more than 200,000 tonnes of flour per year. That accounts for more than 50% of Ghana’s consumption of the product. The company is also engaged in the production of pastries which are becoming ever more popular in Ghana.

5. Kwaben Duffuor

Net Worth: $680 Million

Industry: Politics

Kwaben Duffuor is another Ghanaian personality of immense importance; he is a politician, strategist and administrator. He has served Ghana in several important positions, performing creditably well, and recommending himself for more service. Kwaben Duffuor was at different times the Minister of Finance and the Governor of the Bank of Ghana.

During his time as the Governor of the Bank of Ghana, he implemented several initiatives to grow Ghana’s economy, and boost local production.

That position helped him to get investments in key areas of the economy; he has stakes in several companies in the country.

6. Samuel Esson Jonah

Net Worth: $650 Million

Industry: Mining

Samuel Esson Jonah is one of the richest men in Ghana; he is an astute fund manager and capital investor. He is the executive chairman of Jonah Capital, which is headquartered in South Africa. The company has a range of diversified investments including mining, agriculture, oil and gas, real estate, and finance.

He is also a board member of the Otumfuo Osei Tutu II Foundation; through which he carries out various charitable works.

7. Ghassan Yared

Net Worth: $480 Million

Industry: Distribution & Marketing

Ghassan Yared is another Ghanaian by choice; his origin is Lebanon, but his home is Ghana. He is one of the most respected figures in the Ghanaian business society; and has been made honorable consul of Peru to Ghana.

He famously came from humble beginnings; and has now established himself, and his business as key contributors to the Ghanaian economy.

Ghassan Yared established Forewin; his FMCG distribution company in 1993, and since then he has added real estate, and other diversified investments to his company.

Ghassan Yared has over 1500 people on his company’s payroll; he has made considerable impact to the Ghanaian economy.

8. Serge Bakalian

Net Worth: $460 Million

Industry: Flour Production

Serge Bakalian has Armenian ancestry; but he is very Ghanaian. His family is second generation Ghanaian, and has contributed its quota to the development of the economy of Ghana for several years. Serge Bakalian inherited his father’s flour mill business, but has succeeded in expanding the company, making it much more profitable and expanding its operations.

Today Takoradi Flour Mills is one of the biggest companies in Ghana; and also the second largest producer of flour in Ghana. He also has investments in hospitality and real estate.

9. Kwesi Ndoum

Net Worth: $300 Million

Industry: Entrepreneurship and Politics

Dr. Kwesi Ndoum is a top Ghanaian businessman and politician; he has to be very good as an administrator; several administrations have called on him to serve in various capacities.

He is also a corporate man; having started out as a life insurance underwriter for the North-Western Mutual life insurance firm, before moving on to other fields of business and industry.

He then became a member of parliament for the Komenda-Edina-Eguafo-Abirem constituency, and then serving in various ministerial positions in Ghana.

10. Nana Akufo-Addo

Net Worth: $250 Million

Industry: Politics

Nana Akufo-Addo is one of the most controversial presidents in Ghana; but he certainly has an impressive net worth. He is the current President of Ghana, and has shown his foresight guiding Ghana to prosperity and infrastructural development.

Before becoming president, he was the country’s Attorney General, and then Minister of Foreign Affairs.



The richest men in Ghana come in all colors and shapes. Ghana is a peaceful and welcoming society; that is why it has attracted men of great wealth from far away Europe to abandon the countries of their birth, and to take up residence in Ghana. Rewarding Ghana’s love and affection, these men have contributed immensely to the economy; providing jobs, and donating to charity.

11 Replies to “Top 20 Richest Men In Ghana 2022

  1. We are not afraid of them please, due to thier standard they may be high than for example a boy like me who allways love to be friend with a military lady…becouse i may love to be friend with her ..but see, i dont have much to aford so why should i go for a military lady…….but all the same i wish to have a military lady as a friend and i love the job too….

  2. i have a juicy business ideas which will result generation of tons of money but i have no money. i just want some one like, one of these wealthy men, to invest in me, with just any little money because ‘am going waste with these business plans, the bank won’t loan me any money because they say i am nobody. please i need some one to just try me, and my business plans for once. i am just waiting for a day when all these dreams of mine becomes a reality. GOD PLEASE HELP ME!!!

    1. hello Ishmael, I m Lionel and I bare with you. if you truly do have business ideas then get in touch with me and let’s see the way forward. remember, make sure to get in touch and things could change for the better

      1. Hello, I need you to assist my team and I in finding angel investors who will give us seed funding.

        We have a concrete plan and there’s a marketing Genuis among us who is poised to disrupt the big tech companies like Facebook and Amazon.

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