Dr. Kofi Amoah net worth 2022: Dr. Kofi Amoah is a celebrated Ghanaian businessman. He has worked in the United States at Northrop, Electronic Data System (EDS), Southeast Investment Corporation Development, Elsafe Incorporated, Global One and Bear, Stearns Inc.
Dr. Amoah is the founder and CEO of Citizen Kofi Entertainment Center. Other companies belonging to him are J.S. Investments Inc. based in Los Angeles, PPVIA Ghana Limited, and Progeny Aluminum.
Kofi Amoah obtained most of his fortune from being the African partner for the Western Union Money Transfer business, Kofi Amoah earns a percentage on every Western Union transaction in Africa and according to a 2009 report published by the International Fund for Agricultural Development (IFAD), Western Union’s remittance flows to Africa reached approximately US$40 billion every year.
Dr. Kofi Amoah Profile
He had his secondary education in the 1960’s at Opoku Ware School (OWASS) in Kumasi in Ashanti Region Ghana. Dr. Kofi proceeded to Kwame Nkrumah University of Science and Technology (KNUST).
He also attended University of California, Berkeley in the United States of America (USA) also on stipend from the government.
His professional experience covers Business Management, Business Development and Investment Services.
In sports Dr. Amoah was the chairman of the Local Organising Committee of CAN 2008.
He was also leader of the FIFA/ CAF liaison team that was formed to intros the affairs of national teams in the country during the crisis period.
Dr. Kofi Amoah Net Worth
Kofi Amoah net worth is estimated at $350 million making him onee of the richest men in Ghana. He is also among the most successful investors in Ghana.
Dr. Kofi Amoah CEO, Progeny Ventures facilitated the entry of global remittance service provider, Western Union, into Africa. Western Union started its African operations from Ghana in 1995. the company had expanded its operations to almost all 54 African states.
He has served as Non-Executive Director of State Insurance Co of Ghana Ltd since May 29, 2008.
Dr. Kofi Amoah net worth Summary
How did Dr. Kofi Amoah make his money
According to Dr. Amoah, he faced a lot of setbacks in trying to earn his first million dollars, so he increased his target to two million and that came faster.
In an interview on the Delay Show, Dr Amoah said at one of the seminars he attended, a speaker said an ideal business was one where you earn money while sleeping. That was when he got his business idea from