The 5 richest families in Ghana with a net worth of over $500 million

Ghana has always been touted as one of the best places to do business.

Ghana has always been touted as one of the best places to do business due to its peaceful, stable and evolving business climate.

This has proven true over the years as the country has seen various foreigners set up multi-million dollar businesses in Ghana. However, a number of Ghanaian families and individuals have not been excluded from the benefits of doing business in Ghana.

In this article, GhanaWeb Business highlights the top five Ghanaian families whose net worth exceeds $500 million. Details are made available via YouTube content created by The New Tourist:

At number 5 is the Adamu Iddrisu family, with a net worth of $550 million.

Alhaji Iddrisu is known as the founder of the defunct Royal Bank and the Global Haulage Company, formerly known as AA Iddrisu Transport.

Global Haulage maintains its importance as a company actively concerned with cocoa evacuation.

At number 4 is the Millad Millet family with a net worth of $620 million. Their wealth is said to come from their own production and the family’s involvement in the textile business.

The Ghanaian family of Lebanese origin founded Millet Textile Corporation in 1958. It was originally established to produce towels, but began producing textiles in order to expand its markets.

The company name was changed to Spintex and then Printex. Printex has become a popular and well-known textile brand in Ghana and other parts of the world.

The Awuah Darko family comes in third, with a net worth of $650 million.

A descendant of the late Nana Awuah-Darko Ampem (the originator of the existing Awuah-Darko family), the Awuah-Darko family includes individuals including Kingsley Kwame Awuah-Darko, Daniel Awuah-Darko Jnr, David Awuah-Darko and Harold Awuah -Darko.

The existing Awuah-Darko family has a value of $650 million generated by their Vanguard group of companies.

The Kalmoni family is known for acquiring their wealth through inheritance and various businesses, including Japan Motors.

We know that the value of the family evolved thanks to Kalmoni & Sons, established in 1912 by the grandfather of the current Kalmoni family.

The first is the Irani family, whose net worth is $800 million.

The Irani family is also of Lebanese origin. It includes the couple Edmund Irani and Anthony Irani, brothers of Lebanese origin.

Their source of wealth is believed to have been acquired from Irani Brothers & Others Limited, producers of wheat flour.

This article was first published on March 25, 2023 by GhanaWeb

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