In Ghana, when discussing affluent individuals, names like Osei Kwame Despite, Sir Sam Jonah, and Ibrahim Mahama often come to mind.
However, this may not entirely depict the wealthiest families in the country.
A video shared by The Billionaire Chronicles, sheds light on the families considered the eight wealthiest in Ghana.
Here is a rundown of these notable families:
Irani Family:
Lebanese brothers Anthony and Edmond migrated to Ghana, establishing a wheat flour production business.
Despite their passing, the family’s enterprise persists, with a substantial net worth of US$800 million, ranking them as Ghana’s wealthiest family.
Kalmoni Family:
This family boasts ownership of Japan Motors, Silver Star Tower, and Lakeside Estate, with an estimated net wealth of $700 million.
Awuah Darko Family:
Founded Marine and General Insurance Brokers and subsequently the Vanguard Group of Companies.
With a net worth of $650 million, they are recognized as the foremost indigenous Ghanaian family.
Milad Millet Family:
Originating from a textile corporation, the family’s assets, primarily in towel manufacturing, now amount to around $620 million under the rebranded name Printex.
Adamu Iddrissu Family:
Adamu Iddrissu’s ventures include Global Haulage Limited and Royal Bank, contributing to a family wealth of approximately $550 million.
Hitti Family:
Established Qualiplast, later rebranded to Duraplast, owning Suvinil Paint and Ashfoam, with a combined net worth of $540 million.
Azar Family:
Elias Azar founded Azar Chemical Industries, which evolved from City Paint to become a leading importer of paint and building materials. With assets surpassing $520 million, the family’s business is now run by Ghazi and Rustom Azar.
Bitar Family:
John Bitar initiated John Bitar & Co Ltd., originating from cash crop farming to become a top producer of high-quality wood products. Their net worth stands at $450 million, placing them among Ghana’s wealthiest families.