Ibrahim Mahama Net Worth 2025
Ibrahim Mahama was born in Piase, a small cocoa-growing town in Ghana’s Northern Region, to Emmanuel Adama Mahama the country’s first Minister for Agriculture and later the first Minister for the Northern Region under Osagyefo Dr. Kwame Nkrumah.
Ibrahim Mahama Net Worth
Ibrahim Mahama net worth 2025 is $ 1 billion. Mahama started his company Engineers & Planners in 1997 after his return from London. The Company now employs over 3000 Ghanaian employees.
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About Ibrahim Mahama
Ibrahim Mahama was born in Piase, a small cocoa-growing town in Ghana’s Northern Region, to Emmanuel Adama Mahama the country’s first Minister for Agriculture and later the first Minister for the Northern Region under Osagyefo Dr. Kwame Nkrumah.
His mother, Joyce Tamakloe, hailed from Keta in the Volta Region, giving the siblings a bi-regional identity that would later shape their pan-Ghanaian business approach.
Growing up in a ministerial household, Ibrahim watched infrastructure contracts being discussed at the dinner table, an exposure that quietly laid the tracks for the $1 billion fortune the market now attaches to his name.
How Ibrahim Mahama Became Wealthy
After three decades of hauling rock, pouring concrete and flying his own jet between mining sites, Ibrahim Mahama becomes only the second Ghanaian private citizen Kwame Despite to hit the 10-figure mark in USD.
| Asset Class | 2025 Valuation | Percentage of Net Worth |
|---|---|---|
| Engineers & Planners Ltd (100 % stake) | $520 million | 52 % |
| Dzata Cement Ltd (70 % stake) | $200 million | 20 % |
| Asutsuare Poultry Farms (95 % stake) | $45 million | 4.5 % |
| Private aviation (Bombardier 604 & hanger) | $18 million | 1.8 % |
| Real-estate portfolio (Accra, Tema, London) | $82 million | 8.2 % |
| Stock portfolio & bonds | $35 million | 3.5 % |
| Cash & collectables | $100 million | 10 % |
| Total Ibrahim Mahama Net Worth | $1 billion | 100 % |
Engineers & Planners – The $520 Million Crown Jewel
Started in 1997 with one leased bulldozer and four mechanics, Engineers & Planners (E&P) is now West Africa’s largest wholly-owned mining-contracting firm.
| Metric | 2025 Figure |
|---|---|
| Annual revenue | $380 million |
| Operating profit | $95 million |
| Employees | 3,200 (96 % Ghanaian) |
| Heavy-equipment fleet | 420 units (excavators, dump trucks, graders) |
| Client mix | 65 % gold, 20 % manganese, 10 % bauxite, 5 % quarry |
Key contracts include Newmont Ahafo, Gold Fields Tarkwa and the AngloGold Ashanti Obuasi re-development, giving E&P an estimated 38 % share of all mine-contracting spend in Ghana.
Dzata Cement – Ghana’s First 100 % Indigenously Owned Cement Giant
Construction began 2011; kiln fired up 2018. Today the Tema complex can push out 2 million tonnes of grade-52.5 and 42.5 cement a year, enough to build 200,000 two-bedroom apartments.
| Capacity & Market | 2025 Data |
|---|---|
| Name-plate capacity | 2 million t/annum |
| Market share | 18 % (third after Dangote and CIMAF) |
| Direct jobs | 1,200 |
| Indirect jobs (trucking, bags, labs) | 4,800 |
| 2025 revenue | $280 million |
| EBITDA margin | 28 % |
Dzata means “lion” in Dagbani; the logo has quickly become the cement of choice for Northern Region contractors who want an indigenous supplier.
Asutsuare Poultry Farms – Feeding the Nation, One Egg at a Time
Acquired from a state divestiture in 2004, the farm now produces:
| Product | Daily Volume |
|---|---|
| Table eggs | 150,000 |
| Live broilers | 10,000 |
| Feed-mill output | 420 tonnes |
Cold-chain trucks leave the Accra plains at 4 a.m. six days a week, supplying Shoprite, Marriott and a string of roadside chop bars that swear by the “Dzata egg” stamp.
Private Aviation – Bombardier 604 “Dzata”
Ibrahim became the first individual in Ghana to own a jet outright, paying $12 million for the 604 in 2015 and sinking another $3 million into avionics, lounge seats and a Ghanaian-linen colour scheme.
The aircraft logs 480 hours a year, shuffling engineers between Accra, Obuasi and Conakry where E&P has a new gold haul-road contract.
| Spec | Detail |
|---|---|
| Range | 4,000 nautical miles |
| Max passengers | 12 |
| Annual operating cost | $1.2 million |
| Charter rate when idle | $7,500 per hour |
Real-Estate Holdings – From Airport City to Belgravia
- Ridge Crest Towers, Accra – 18-storey mixed-use; he owns floors 10–12 (office) valued at $28 million.
- Tema Portview Estate – 52-unit mid-income apartments; 100 % occupancy, worth $35 million.
- One-bedroom flat in South Kensington, London – bolt-hole for medical check-ups, bought 2017 for £800 k, now £1.2 million.
- Land banks – 400 acres near Tamale earmarked for affordable housing; current book value $15 million.
Social Impact – Cement that Builds Schools, Clinics and Zongo Dreams
- 550-bed dormitory for Tamale Secondary School after 2017 fire – construction 75 % complete in 2025, $4 million budget.
- 400 Zongo communities reached with education grants, boreholes, Eid ram donations; annual budget $1 million.
- Joyce Tamakloe Cancer Foundation – free mammograms for 1,000+ women yearly, chemotherapy subsidies under NHIA, mobile screening vans in Northern and Volta regions.
Ibrahim Mahama net worth of $1 billion makes him the richest man in Ghana and one of the most generous Ghanaians ever.
Frequently Asked Questions
What is Ibrahim Mahama net worth in dollars in 2025?
$1 billion – the first Ghanaian private businessman to hit the mark outside of oil and banking.
Who is richer, Ibrahim Mahama or Kwame Despite?
Ibrahim edges ahead; Despite’s last published valuation was $800 million.
Does Ibrahim Mahama still own Engineers & Planners?
Yes, 100 % shareholding through family holding vehicle Dzata Holdings.
How many people does Dzata Cement employ?
1,200 direct staff and 4,800 indirect (logistics, packaging, labs).
What type of jet does he fly?
Bombardier 604, nickname “Dzata”, bought for $12 million in 2015.
