Connect with us

From the web

Top 20 Richest Ghanaian Media Business persons

Top 20 Ghanaian Media Business persons

Glusea brings to you the Top 20 richest Ghanaian Media Business persons

Known as the 4th estate of government, the Ghanaian media landscape has over the past two decades evolved not only as an avenue for engaging citizens but a lucrative business sector that has produced some successful entrepreneurs and business leaders in Ghana.

Even though we cannot evaluate the financial value of the industry in Ghana, Price Water-Coopers in 2020 valued the global entertainment and media market at over $2trillion which tells us the potential this industry described as one of the fastest growing industries has to make one a successful entrepreneur.

Even with tight regulations being witnessed currently in the media landscape, multiples of media ventures would continue to be established and for the records for entrepreneurs who wish to venture into the media business, we decided to research and name some of the most successful Ghanaian media entrepreneurs and leaders.

With the emergence of new media (blogging & vlogging), we can boldly predict that the narrative would not be the same in a few years from now as similar publications would feature individuals currently taking advantage of creating content and using the online space to spearhead their works.

The list below throws the spotlight on both leaders and entrepreneurs in the media space in Ghana who feature as the founders or managers of the biggest media establishments in Ghana who are rivalling thriving African media companies.

Top 20 Richest Ghanaian Media Business persons

Rev Anthony Cudjoe & Beatrice Agyemang Abbey – Media General

According to ghana.mom-rsf.org, Media General, one of the largest media conglomerates in Ghana is owned by The Cudjoes with renowned ICGC pastor Rev. Anthony Cudjoe as the executive director.

Media General’s rich and diversified portfolio of businesses includes TV3 Network Ltd, MG Radio (3FM, Onua FM, Connect FM), MG Digital (3news.com) and Adesa Productions Ltd.

Read Richest Entrepreneurs in Ghana

Beatrice Agyemang Abbey serves as the Group CEO after previous roles in the company as a General Manager, a Managing News Editor, an anchor, a reporter and Senior Producer.

George Kwasi Twum – Multimedia Group

Multimedia Group Limited (MGL) was founded in 1995 by Kwasi Twum with one radio station – Joy 99.7Fm as the first private radio station licensed in Ghana. Over the years group has expanded into more radio & TV Channels, News Websites and a satellite network.

Notable media companies under the brand are, Adom FM, Asempa FM, Hitz FM, Luv FM, Adom TV, Joy News & myjoyonline.com.

Mr Kwasi Twum is a Fellow of the Africa Leadership Initiative, an Aspen Institute Henry Crown Fellowship Initiative and holds a Bachelor of Arts Degree in Economics from the University of Ghana, Legon and is an alumnus of Harvard Business School.

Nik Amarteifio & Samuel Attah Mensah – Omni Media Ltd

With Nik Amarteifio as the owner and Samuel Attah Mensah as the manager, Omni Media has evolved quickly to carve an excellent niche itself in the industry. With an exemplary leadership, their organisation operate Citi FM, Citi TV, Citi Newsroom and other news websites.

Mr Amarteifio is also the Chairman and majority shareholder of Dannex Limited, Starwin and Ayrton as Samuel Attah-Mensah ‘Sammens’ serves as the Managing Director of Omni Media.

Osei Kwame & Ernest Ofori Sarpong – Despite Media & U2

Osei Kwame is one of the successful media entrepreneurs who is credited to have revived the Ghanaian media landscape with the launch of Peace FM in 1999. Osei Kwame could quickly expand his media network to Okay FM, Neat FM, Hello FM and Peace FM Online and grouped them under the umbrella of Despite Group of Companies.

Through a partnership with Ernest Ofori Sarpong another successful entrepreneur in 2015, they co-founded United Television (UTV) which is the most watched free to air local channel in Ghana. They both own shares in Best Point Savings & Loans Limited in Ghana

Dr Kwaku Oteng – Angel Broadcasting Network

Dr Kwaku Oteng, a serial media entrepreneur is credited to have the largest conglomerate of radio stations in Ghana. Through his Angel Broadcasting Network, he owns Angel FM & Cheers FM radio franchise, Angel TV, Pure FM and several other media outlets.

He also owns a chain of businesses in Ghana’s herbal medicines, broadcasting, beverages and transport industries and a well-known philanthropist.

Edith Dankwa – Business & Financial Times Limited

Edith Dankwa is notably the most audacious woman in the media space having survived several decades of running the foremost business newspaper in Ghana. Under her leadership, her company organises the Ghana Economic Forum and hosts other business events across the country. Established in 1989 as a weekly publication the Business & Financial Times (B&FT) has grown to be a leader in the newspaper industry reporting on various issues of business and the economy.

Her outfit also manages the Business Times Africa Magazine (BT), Energy Today Magazine (ET) and the Business & Financial Times (B&FT) newspaper under her company umbrella, the Business and Financial Times Limited

Hon Kennedy Agyapong – Net2 Broadcasting

Top 20 Richest Ghanaian Media Persons

Kennedy Agyapong companies
Kennedy Agyapong

As one of the famous politicians in Ghana, Hon Kennedy Agyapong is also a revered entrepreneur whose investment in the media cannot be overlooked. His channels Oman FM, Net2 Television, Ash FM and Spice FM have played major roles in the political space in the country.

 Dr Kwabena Duffuor & Nathan Kwabena Anokye Adisi (Bola Ray) – EIB Network

In 2014, former minister and entrepreneur, Dr Kwabena Duffuor partnered with media personality and entrepreneur to launch the Excellence in Broadcasting Network (EIB Network). EIB Network currently operates as a big media group with operations online, radio and television. The group owns and run Starr FM, Live FM, Kasapa FM, Ultimate Radio, Agoo FM, Abusua FM, Empire FM, GhOne TV and several news websites.

As one of the successful collaborations in the media landscape, both Dr Duffuor & Bola Ray have led the EIB Network to lead the industry.

Dr Kwame Kyei – Vision 1 & Light TV

Apart from being the chairman of the Asante Kotoko football club, Dr Kwame Kyei is notably known for his investments in the media. In 2006, he kick-started his media adventure with the launch of Light FM in Kumasi and has over the years added more channels such as Light Television, Vision 1 FM and Wisdom FM to the media scene.

Dr Kwame Kyei is an accomplished entrepreneur and corporate executive with over 25 years of experience in the Petroleum downstream sector. Dr Kyei is currently the Chief Executive Officer and Chairman of the Board of the Unity Group of Companies with its latest addition being Unity Air. The group has a workforce of about 4,000.

Dr Samuel Amo Tobbin – Atinka Media Village

As a newbie in the media industry, Dr Samuel Amo Tobbin took one of the boldest decisions to venture into the industry and has so far made a remarkable imprint for himself. Through his TV channel, Atinka TV, the group launched a dancing reality show, which is regarded as one of the most watched reality TV shows in the country. His other media channels include Atinka FM, Agyenkwa FM, Ahotor FM and Atinkaonline.

Dr Tobbin is the Executive Chairman of The Tobinco Group with over Twenty Five (25) years’ experience in managing businesses.

Top 20 Richest Ghanaian Media Persons

 H.E. Edward Boateng – Global Media Alliance

With current accomplishments as an ambassador to China, H.E. Edward Boateng is the Founder and Chairman of media conglomerate Global media Alliance which owns and run the brands: YFM, Happy FM & ETV Ghana.

In 1998, Edward Boateng incorporated Global Media Alliance (GMA) in Johannesburg, South Africa, with a view to offering services like corporate communications, television production and media relations and event management. Currently, GMA is headquartered in Accra, Ghana with an office in Kenya and partners in Nigeria, UK, South Africa and Malaysia.

Kwasi Sainti Baffoe-Bonnie – Network Broadcasting Company

Mr Kwasi Sainti Baffoe-Bonnie’s venture in the media is notably one of the greatest contributions to political discourse in Ghana. With the affiliation to the current opposition NDC, his channels Radio Gold & Montie FM have contributed to the immensely the development of our media landscape.

Even though his company is currently facing multiple challenges of closure, his role as the founder of Network Broadcasting Company Limited is worth noting.

Stephen Boateng – Kessben FM Limited

Mr Stephen Boateng popularly known as Kwabena Kesse, is a successful entrepreneur and the sole shareholder of Kessben FM Limited, the company which runs Kessben TV, Aseda TV and Kessben FM.

He is also the Chief Executive Officer or Director of the Kessben Group of Companies and the Chancellor of the Kessben University College.

Richest Ghanaian Media Persons

Hon Wilson Arthur – Skyy Media Group

For the past 20 years, Wilson Arthur has led the Skyy Media Group to evolve as a local FM station based in Takoradi to national pride after venturing into the media industry with the passion to impact people’s lives.

Spotting an opportunity in 2006 when Ghana signed the international agreement to switch from analogue to digital television by 2015, the group applied for a license to operate a digital television infrastructure which was launched in February 2009.

As a politician, Hon Wilson has served as the District Chief Executive for Wassa East in the Western Region.

From the web

Peter Mutharika Net Worth

Peter Mutharika Net Worth

Glusea brings to you Peter Mutharika net worth

Arthur Peter Mutharika  is a Malawian politician and lawyer who was President of Malawi from May 2014 to June 2020.

Peter is one of the most influential people in Malawi. He has worked in the field of international justice, specializing in international economic law, international law and comparative constitutional law. He informally served as an adviser to his older brother, President Bingu wa Mutharika, on issues of foreign and domestic policy from the onset of his election campaign until the President’s death on 5 April 2012

Read Shepherd Bushiri net worth

According to various online sources, Peter Mutharika Net Worth is $60 million making him one of the richest men in Malawi

Peter Mutharika Net Worth

Peter Mutharika Net Worth

Peter Mutharika Biography

Peter has held positions as Minister of Justice and later as Minister for Education, Science and Technology.  Mutharika also served as Minister of Foreign Affairs from 2011 to 2012.

Read Also Lazarus Chakwera net worth

He was charged to help bridge relations between Malawi and the United Kingdom due to the deterioration of public diplomacy between the two nations after the Cochrane-Dyet controversy.

Standing as the candidate of the Democratic Progressive Party (DPP), Peter Mutharika was elected as President of Malawi in the 2014 election

Educational Background

Mutharika received his law degree from the University of London in 1965. He then received his LL.M and JSD/PhD degrees from Yale University in 1966 and 1969 respectively.

As a professor, he has taught at University of Dar es Salaam (Tanzania), Haile Selassie University (Ethiopia), Rutgers University (USA), the United Nations Institute for Training and Research Program for Foreign Service Officers from Africa and Asia at Makerere University (Uganda), and for 37 years at Washington University (USA), and has served as an Academic Visitor at the London School of Economics.

Career

Prof. Peter has served as advisor to the American Bar Association’s Rule of Law initiative for Africa

Mutharika was part of a three-man tribunal that was arbitrating international cases. In August 2011, Mutharika decided to resign from two international court cases with the International Center for Settlement of Investment Disputes that he was arbitrating on Zimbabwe where foreign investors sued the Zimbabwean government for breaches of bilateral investment treaties. This was due to concerns about his impartiality because of Bingu Mutharika’s close associations with the Mugabe government.

Peter Mutharika Net Worth

Peter Mutharika net worth is $60 million. He has held several international positions.

  • President, International Third-World Legal Studies Association, 1986-1993
  • Global Fund Replenishment Champion, 2018-2019
  • Member, Committee of Ten African Heads of State Championing the Advancement of Education, Science and Technology, appointed by the African Union 2018
  • Champion, Global Partnership for Education
  • African Development Bank, Youth Champion
  • Co-convenor, Global Commission on Financing Education
  • Champion, Trade Related Aspects of Property Rights (TRIPS)
  • UN Women “HeForShe” Champion
  • UNFPA Global Youth Champion
  • Advisor in Council of the Economic and Trade Cooperation of African Youth (ETCAY)
  • Board Chairperson for United Nations Economic and Trade Commission of Africa

Read Saulos Chilima net worth

Among the accolades he has received includes;

  • international Jurist Award, 2008
  • The African Leadership Award, 2016 and Medal of Honour, 2016
  • Doctors of Human Letters, University of Addis Ababa, Ethiopia in 2016
  • State of Georgia Senate Citation of Merit, 2016
  • Honorary Professor, University of International Business and Economics, Beijing, China, 2018
  • Nelson Mandela Leadership Award, National Baptist Convention, 2018
  • Doctor of Human Letters, Washington University, 2018
  • Senior Of Politics Debate, Indonesian Jakarta Collage, 2019
Continue Reading

From the web

Phil Mickelson Net Worth

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.

Phil Mickelson net worth
JEJU, SOUTH KOREA – OCTOBER 18: Phil Mickelson of the United States reacts after a putt on the 2nd hole during the second round of the CJ Cup @Nine Bridges at the Club a Nine Bridges on October 18, 2019 in Jeju, South Korea. (Photo by Chung Sung-Jun/Getty Images)

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.

Read Tiger Woods net worth

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.

Read Richest Boxer in the world

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.

Continue Reading

From the web

T B Joshua Net Worth

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.

Read Shepherd Bushiri net worth

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.

T B Joshua net worth

 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.

Find out Bishop David Oyedepo net worth

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.

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’.

Community support

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

Scholarships

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.

Disaster relief

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

Education

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

Continue Reading

Trending