Who is the Richest Man in Ghana 2020 Forbes ?
Ghana has a market-based economy with relatively few policy barriers to trade and investment in comparison with other countries in the African region, and Ghana is endowed with natural resources.
Ghana’s economy was strengthened by a quarter century of relatively sound management, a competitive business environment, and sustained reductions in poverty levels.
These has resulted in the increase in the number of businessmen in the country. information for richest Man in Ghana 2020 Forbes was sourced from Goodmanamc blog.
Glusea.com brings to you the richest man in Ghana 2020. The top ten richest people in Ghana for the year 2020. Read through and dont forget to add your comment below;
- Charles Ampofo – $ 1.46 biliion
Charles Ampofo is the Chairman and Founder of Kampac Group, which is headquartered in the business hub of Dubai in the United Arab Emirates. The Group engages in various activities and operates Kampac Oil as its primary business. Ampofo is said to have made his fortune through Kampac Oil, an oil and gas firm based in the business hub of Dubai.
Charles Ampofo has created the largest energy city in the world in the Philippines and upon completion the company will be one of the top 50 oil companies in the Far East. He is a member of the Global Fortune Forum since 2005.
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2. Dr. Kwame Addo Kuffuor – $ 1.2billion
Kwame Addo-Kufuor is a Ghanaian politician and physician. Addo-Kufuor was a member of parliament for Manhyia, and from 2001 to 2007, he was the Minister for Defence under President John Kufuor, his brother. Between June 2008 and 2009, he was Minister for Interior.
In 2017, Addo-Kufuor was appointed by the President, Nana Addo Danquah Akufuo Addo as Chairman of the Board of Trustees of the Social Security and National Insurance Trust, (SSNIT), the state pension fund.
Since April 6, 2017, Dr Addo-Kufuor has been the Chairman of the SSNIT Board of Trustees. Under his stewardship, Dr Kwame Addo-Kufuor led the team to turn around SSNIT’s investment portfolio achieving a 5.77% real return in 2017 as against -5.93% in 2016. This performance was above the external actuarial target of 3.25%. During that same period, the Trust achieved a 26.1% increase in contributions collection.
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Kwame, who is currently president of the Ghana Chamber of Mines; Kojo, an investment banker and the Chief Operating Officer of Ghana Home Loans; and Nana Ama, also a banker and currently deputy Managing Director of the Eximbank, Ghana.
3. John Mahama – $900 million
Mahama is the first vice president to take over the presidency from the death of his predecessor, Prof. John Atta Mills, and is the first head of state of Ghana to have been born after Ghana’s independence.
Mahama is a communication expert, historian, and writer. He was a Member of Parliament for Bole Bamboi from 1997 to 2009 and Minister of Communications from 1998 to 2001.
4. Michael Ibrahim Mahama
Ibrahim Mahama is a Ghanaian businessman, and the founder of Engineers and Planners, the largest indigenous-owned mining company in West Africa, and the owner of several other businesses in Ghana. He is the younger brother of John Dramani Mahama, President of Ghana from 2012 to 2016.
Number 5 of Richest Man in Ghana 2020 Forbes List
5. Irani Family $800 million
Irani Brothers is the market leader in wheat flour production in Ghana with about 55% of the total market and employs over 400 people.
Irani Brothers currently produces two main products: bread flour and pastry flour. The extension to pastry flour was in response to the growth in domestic demand for the product that came with an expansion in the number and capacity of Ghana’s biscuit factories and the entry of a large number of domestic pastry producers.
The company currently imports about 180,000 metric tones of wheat annually for milling into bread and pastry flour and it accounts for about 60% of wheat flour sales in Ghana.
The core strength of Irani Brothers lies in its ability to source full shiploads of wheat and to secure the necessary funding arrangements; this gives it a competitive advantage over all the other flour mills in Ghana, no other flour mill in Ghana has the capacity to continuously source wheat in large quantities.
Irani Brothers has the largest flour milling capacity in Ghana and accounts for 60% of total wheat flour sales.
6. Kwabena Duffour -$680 million
Kwabena Duffuor was the Finance Minister of Ghana. He has also served as the governor of the Bank of Ghana. He was named as one of the four best Central Bank Governors in the World at an IMF/World Bank meeting in 1999.
He is a Fellow of the Akuafo Hall, University of Ghana, and a Fellow of the Chartered Institute of Bankers.
Duffuor is the founder and chairman of HODA Holdings, a business entity comprising Insurance, Banking, Real Estates, Farming, Mining and Media. He is also the founder and president of the Institute for Fiscal Studies in Ghana, a non-profit think-tank providing economic advocacy and training which he established in March, 2013. He is also the founder of uniBank which controversially collapsed in 2018/
7. Dr. Sam E. Jonah $650million
Samuel Esson Jonah, is a Ghanaian businessman, the executive chairman of Jonah Capital, an equity fund based in Johannesburg, South Africa. Jonah was previously president of AngloGold Ashanti and shared the strategic leadership of the company with its CEO, Bobby Godsell.
8. The Hitti Family $540million
The HITTI Group offers more than 2000 employment while Duraplast alone employs more than 500 people. The company plans to expand into mining, telecommunication and the oil and gas.
Suvinil Paints control about 25 percent of the paint market in Ghana with ASHFOAM Mattress being the second largest manufacturer of mattresses in Ghana.
Mireille Hitti is the Executive Director of Duraplast, Alwan Hitti serves as Chairman and Chief Executive Officer of ASHFOAM whiles Bob Hitti is the General Manager of Nesstra Services (UK) Limited Ghana.
9. Ghassan Yared $ 480million
Most of Yared’s wealth was obtained from Forewin, a company which has already established itself in the 10 regions of Ghana with deep penetration in 39 cities across Ghana.
GhassanYared has a large transport fleet of over 400 mobile vehicles which links the various regions of Ghana with the main office in Accra.
Yared is also 100 percent owner of Mabani Holdings Ghana Limited a real estate firm. Mabani recently signed a joint venture agreement with Actis, a private equity real estate investor in Sub-Saharan Africa, Actis has invested about US$ 150 million in real-estate development in Africa.
Mabani Holdings and Actis are currently working together on a 70,000-square metre mixed-use office, hotel, residential and retail development on a seven-acre site. This property called ‘The Exchange’ will be a landmark development in the heart of Accra, close to Kotoka International Airport (KIA) and will house the first Radisson Blu Hotel in Ghana. This project is valued in excess of $80 million dollars.
Number 10 of Richest Man in Ghana 2020 Forbes List
10. Serge Bakalian $460 million
Serge Bakalian is the current CEO of the Takoradi Flour Mills. He has been running the affiliated family company since he took over for his Armenian father. The company is among the few firms in the industry, making a considerable fortune in Ghana.
Phil Mickelson Net Worth
What is Phil Mickelson net worth
Philip Alfred Mickelson is an American professional golfer. He has won 44 events on the PGA Tour, including five major championships: three Masters titles (2004, 2006, 2010), a PGA Championship (2005), and an Open Championship (2013).
Phil Mickelson net worth is $400 million
Phil Mickelson Profile
Mickelson is one of 12 players in the history of golf to win three of the four majors. He has won every major except the U.S. Open, where he has finished runner-up a record six times.
Mickelson has spent over 25 consecutive years in the top 50 of the Official World Golf Ranking. He has spent over 700 weeks in the top-10, has reached a career-high world ranking of No. 2 several times and is a life member of the PGA Tour. Known for his left-handed swing, even though otherwise right-handed, he learned by mirroring his right-handed father’s swing. He was inducted into the World Golf Hall of Fame in 2012.
Mickelson attended Arizona State University in Tempe on a golf scholarship and became the face of amateur golf in the United States, capturing three NCAA individual championships and three Haskins Awards (1990, 1991, 1992) as the outstanding collegiate golfer. With three individual NCAA championships, he shares the record for most individual NCAA championships alongside Ben Crenshaw. Mickelson also led the Sun Devils to the NCAA team title in 1990. Over the course of his collegiate career, he won 16 tournaments.
Mickelson was the second collegiate golfer to earn first-team All-American honors all four years. In 1990, he also became the first with a left-handed swing to win the U.S. Amateur title, defeating high school teammate Manny Zerman 5 and 4 in the 36-hole final at Cherry Hills, south of Denver.
Mickelson secured perhaps his greatest achievement as an amateur in January 1991, winning his first PGA Tour event, the Northern Telecom Open, in Tucson, making him one of the few golfers to win a PGA Tour event as an amateur in the history of the PGA Tour.
At age 20, he was only the sixth amateur to win a tour event and the first in over five years after Scott Verplank at the Western Open in August 1985. Other players to accomplish this feat include Doug Sanders (1956 Canadian Open) and Gene Littler (1954 San Diego Open).
With five holes remaining, Mickelson led by a stroke, but made a triple-bogey and was then three behind. The leaders ahead of him then stumbled, and he birdied 16 and 18 to win by a stroke. To date, it is the most recent win by an amateur at a PGA Tour event.
That April, Mickelson was the low amateur at the Masters Tournament in Augusta, Georgia. With his two-year PGA Tour exemption from the Tucson win, he played in several tour events in 1992 while an amateur but failed to make a cut.
Phil Mickelson Net Worth
Phil Mickelson net worth is $400 million.
Mickelson has won 44 PGA Tour events and five major championships; both rank second behind Tiger Woods among active players.
His $91 million in career prize money trails only Woods all time among golfers.
But the biggest paydays for “Lefty” have been off the course from sponsors to the tune of $750 million for the career of the popular pitchman.
He added endorsement deals with Amstel Light and hat brand Melin in 2020.
His latest course design, Mickelson National Golf Club, is set to open in 2020, just outside Calgary.
T B Joshua Net Worth
we bring to you T B Joshua net worth
Temitope Balogun Joshua commonly referred to as T. B. Joshua, is a Nigerian charismatic pastor, televangelist and philanthropist. He is the leader and founder of The Synagogue, Church of All Nations (SCOAN), a Christian megachurch that runs the Emmanuel TV television station from Lagos.
T B Joshua net worth is valued at $150 million
T B Joshua Profile
According to Joshua’s official biography, unusual circumstances surrounded his birth. He says that he spent 15 months in his mother’s womb and narrowly avoided death after a quarry explosion near his house sent rocks through its roof just seven days after his birth. It is also alleged that Joshua’s birth was ‘prophesied’ 100 years prior.
Joshua, then known as Balogun Francis, attended St. Stephen’s Anglican Primary School in Arigidi Akoko, Nigeria, between 1971 and 1977, but failed to complete one year of secondary school education. In school, he was known as “small pastor” because of his love for the Bible.
T B Joshua Net Worth
He worked in various casual jobs after his schooling had ended, including carrying chicken waste at a poultry farm. He organised Bible studies for local children and attended evening school during this period Joshua attempted to join the Nigerian military but was thwarted due to a train breakdown that left him stranded en route to the military academy.
The Synagogue, Church of All Nations (SCOAN)
Joshua wrote that in a heavenly vision he had received divine anointing and a covenant from God to start his ministry.
Following this, Joshua founded the ministry organisation The Synagogue, Church of All Nations (SCOAN). According to the organisation, more than 15,000 members
attend its weekly Sunday service; visitors from outside Nigeria are accommodated in the accommodation blocks constructed at the church.
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The Guardian reported that The SCOAN attracts more weekly attendees than the combined number of visitors to Buckingham Palace and the Tower of London. The SCOAN’s popular services have also resulted in an enormous boost for local businesses and hoteliers.
Despite Joshua’s popularity, the church only has a branch in Ghana, Joshua stating that “it is not yet time” for him to have branches worldwide as “it will be too much for my character”
The SCOAN has been described as “Nigeria’s biggest tourist attraction” and “the most visited destination by religious tourists in West Africa,” with thousands of foreigners flocking to attend the church’s weekly services. Figures released by the Nigerian Immigration Service indicated that six out of every ten foreign travellers coming into Nigeria are bound for The SCOAN, a fact discussed in Zimbabwean parliament when addressing the economic potentials of religious tourism.
This Day newspapers reported that “about two million local and inbound tourists” visit The SCOAN annually. The church’s popularity has led to an increase in flight routes to Lagos from several African countries in 2013.
T B Joshua Net Worth
T B Joshua net worth is valued at $150 million. He is one of the richest Pastors in Nigeria.
He maintains a widespread television network, Emmanuel TV which broadcasts to Africa including Nigeria, some parts of Asia, Europe, America, and other continents of the world.
The prophet owns a private jet reported to be worth $60 million and a fleet of moderate luxury cars amongst which are Mercedes-Benz and Range Rover cars.
A Forbes blogger estimated that Joshua has spent $20 million on “education, healthcare and rehabilitation programs for former Niger Delta militants”.
There is also a rehabilitation programme for militants from Nigeria’s volatile Niger Delta region, repentant armed robbers and sex workers who came to the church for ‘deliverance’.
Joshua has come to the aid of several communities in distress, notably providing two transformers to a local community after theirs was burned beyond repair. He donated over N26m towards restoring electricity and putting an end to over two years of power outage in four councils in Akoko area of Ondo State. The cleric has additionally made several large donations to the police force in Nigeria,Ghana and Colombia.
T B Joshua Net Worth
The SCOAN has a ‘scholarship program’ which caters for the academic needs of students in their thousands, ranging from primary to tertiary education. In 2012, Joshua sponsored a Nigerian student doing a PhD in Oxford University, with Nigerian media reporting she received £100,000 from the church.
He also gave a scholarship to a young Motswana to study at Harvard Law School in America.
After the 2010 Haiti earthquake, Joshua sent a team of medical personnel and humanitarian workers to the affected area, establishing a field hospital called ‘Clinique Emmanuel’
He additionally sent support to nations such as Philippines, India and Ghana in the wake of varying natural disasters. The ‘Emmanuel TV Team’ also assisted victims of the earthquake that struck the nation of Ecuador in April 2016, providing over $500,000 worth of humanitarian aid.
T B Joshua Net Worth
Joshua funded the building and running of a school in Lahore, Pakistan named ‘Emmanuel School’. He also rebuilt a school in a rural area destroyed by the 2016 Ecuador earthquake, travelling to Ecuador for the opening of the school in June 2017
Shepherd Bushiri Net Worth
Glusea brings to you Shepherd Bushiri net worth
Shepherd Bushiri also known as Major 1 or Prophet Shepherd Bushiri, is a Christian preacher, motivational speaker, author and businessman from Malawi.
He founded and leads a Christian non-denominational evangelical church known as the Enlightened Christian Gathering.
Shepherd Bushiri net worth is $150 million in 2020.
Shepherd Bushiri Biography
Shepherd Bushiri grew up in Mzuzu, which is in the northern part of Malawi. His mother gave him the name Shepherd due to the complexities around his birth, acknowledging the Lord as her Shepherd. He travels around the world holding crusades and meetings focused on teaching, prophesy and healing.
Shepherd Bushiri is now known as one of the wealthiest pastors in the world and one of the most affluent people in Africa.
Bushiri is mentored by multimillionaire businessman and leader of Good News Church in UK, Prophet Uebert Angel. Bushiri is said to be the most celebrated and popular Spiritual Son of Prophet Angel. Angel has other Spiritual sons including, but not limited to, Africa-based Romeo Marom, Bulgaria-based miracle worker Maksim Asenov, leader of Imperial City Church, Isaiah Brian Sovi and South Africa-based Apostle Miz Tancred.
The Enlightened Christian Gathering is reported as one of the fastest growing churches in Africa and the world.
Bushiri is the founder of the Enlightened Christian Gathering (ECG). He has established and leads churches in South Africa, Malawi, Ghana, South Sudan and other countries. He has been interviewed for television by the BBC, and received coverage also in Al Jazeera, New African, Nigerian Tribune, and African Leadership magazine.
Shepherd Bushiri net worth
On the night of 28 December 2018, three people died and nine others were injured during a stampede at the ECG Church caused by people trying to avoid a thunderstorm. Bushiri’s spokesman Maynard Manyowa told media that “The ECG Church is not his [Bushiri’s] church, it belongs to South Africa and South Africans.” Manyowa also said that the deaths were “not his [Bushiri’s] problem, but a problem that the church must deal with.
Bushiri’s services attract over 100000 viewers via his personally owned television station, social media and in-person attendees. His largest gatherings are held on New Year’s Eve at FNB Stadium, South Africa with over 95000 attendees both in 2016 and 2017. The FNB Stadium is the largest stadium in Africa.
His church gatherings have not always been well received with the one extreme protest being the destruction of “overflow tents” by arson in February 2020.
Shepherd Bushiri’s company, SB Investments (Pty) Ltd, is an international investment company, based in Sandton near Johannesburg, with interests in oil, mining, real estate, transportation and the hospitality industry.
On 20 February 2018, Bushiri launched one of his hotel investments, a multimillion-dollar property in South Africa.
SBI has a special interest in supporting governments including economies of fragile state countries. In 2017 Bushiri was hosted by the Vice President of South Sudan – Dr James Igga, Reserve Bank Governor and Finance Minister during which a business deal was signed in the area of infrastructure and development.
In 2018 Shepherd Bushiri was given the prestigious award and induction into the CEO Hall of Fame by the African Leadership Magazine.
Shepherd Bushiri Net Worth
Shepherd Bushiri is one of the wealthiest preachers on the African continent. He has a net worth os $150 million as of 2020. He is also a successful businessmen
Shepherd Bushiri enjoys football and chess. He is married to Mary Bushiri, an accountant who previously held a senior managerial position for an international development NGO, who now does business ventures and Christian ministry.
Shepherd Bushiri has been involved in many charitable works around the world, including work in Malawi, Nicaragua, Nigeria, Botswana and South Africa.
He formed a humanitarian organization called “Shepherd Bushiri Foundation” with Duncan Zgambo as the CEO, where he provides for the needy and less privileged.
He provides charitable donations including livelihood support; educational support for orphans; humanitarian relief in the form of food subsidies. In 2017, he took maize to Lilongwe and spent K85 Million in Malawi Charity.
He has invested in young people through his sports academy and through Major 1 Records which sponsors and show-cases up-and-coming music artists.
On 18 July 2018, Nelson Mandela Day, Bushiri launched an Africa-wide school adoption program with donations to a local school. The event was attended by Senior Government Officials from the South Africa Ministry of Education.
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In March 2019 Bushiri visited Alexandra, where a fire had burnt over 100 shacks. He said that he would donate R400000 (equivalent to approx $29000) to emergency services “that should be used for the children in the area.
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