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Sam Jonah Net Worth

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Sam Jonah net worth

Glusea brings to you Sam Jonah net worth

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.

Sam Jonah net worth is $1.2 billion . He is one of the richest in Ghana.

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Sam Jonah Profile

He was born in Obuasi, and had his high-school education at Adisadel College in Cape Coast, Ghana, then earned an Associateship in Mining Engineering at the Camborne School of Mines, Cornwall, England, and subsequently a MSc in Mine Management at the Imperial College of Science and Technology, London.

Career

He joined Ashanti Goldfields Corporation in 1979, working in various capacities, including underground operations.

Sam Jonah net worth
Mandatory Credit: Photo by Themba Hadebe/AP/Shutterstock (7134089a) Sam Jonah, Group Chief Executive Officer of Ashanti Goldfields Company in Ghana, left, addresses delegates as Mozambique’s President Joaquim Chissano listens during the plenary session on the first day of the Africa Economic Summit in Durban, South Africa SOUTH AFRICA AFRICA ECONOMIC SUMMIT, DURBAN, South Africa

At the age of 36 he became the chief executive officer, and supervised the transformation of Ashanti Goldfields into a mining multinational, increased gold production from 240,000 ounces per annum to over 1.6 million ounces in over ten years, and oversaw the company’s listing as the first operating African company on the New York Stock Exchange.

In 2009, he became a non-executive director of Vodafone.

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Currently, the chancellor of the University of Cape Coast, Ghana, Jonah chairs the boards of Equator Exploration Ltd, Scharrig Mining, Equinox Minerals, Uramin, Moto Goldmines Ltd and Range Resources Ltd.

He also serves or has served on various boards, including Transnet, Mittal Steel SA, Ashesi University, Standard Bank of South Africa, Lonmin, the Commonwealth African Investment Fund (Comafin), the advisory council of the UN Secretary General’s Global Compact, President Olusegun Obasanjo’s International Investment Advisory Council on Nigeria, President Thabo Mbeki’s International Investment Advisory Council of South Africa, and President John Kufuor’s Ghana Investors’ Advisory Council. As well as his directorships, Jonah is a member of the advisory board of the London Business School.

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Sam Jonah Net Worth

Sam Jonah net worth is $1.3 billion.

Sam helped Equinox Minerals; a mining exploration company based in Zambia to increase its market share capitalization in 2006 and was sold to the Barrick Gold Corporation for $7.4 million.

Moto Goldmines, another mining company which benefited from Jonah’s experience in mining, grew from a $50 million market capitalization company and was sold to Randgold Resources and AngloGold Ashanti in October, 2009.

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Sam Jonah acquired most of his fortune through Jonah Capital, a holding company and private equity firm that makes investments in the mining sector, real estate, agriculture, construction materials, financial services, oil and gas services. The private equity firm is 78% owned by the Jonah Family and 22% by Standard Bank

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