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NewsCedis doesn't make you a billonaire - Kasapreko Company CEO

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Cedis doesn’t make you a billonaire – Kasapreko Company CEO

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The intriguing tale of Dr. Kwabena Adjei, president and founder of Kasapreko Company Limited, unfolds from his humble beginnings in the forest to his hustle in the city and eventually returning to his roots to build his dream mansion where he resides with his entire family, including extended relatives.

Despite his considerable wealth, Dr. Adjei chose to embrace modesty, opting to live in a retirement home nestled within a forest in Wassa Amenfi, Western Region.

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This decision contrasts sharply with his numerous luxurious residential properties scattered across the country, such as the renowned ‘Signature Apartments’ in Accra.

In a candid discussion with popular Ghanaian vlogger, Wode Maya, the business tycoon reflects on his past struggles, sheds light on his present modest lifestyle, and shares his aspirations to leave behind a lasting legacy for future generations.

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“For the first 13 years of my life, I was born in the forest. I had never travelled anywhere other than in the forest. It was very challenging. Because at that time, I was not even living in this cottage, (points to his mansion). I was with my mother, father, and myself in the middle of the forest. So, I used to walk about five miles each morning to come to school here. (points to the area in which he built his mansion) and after school, I went back to the middle of the forest, where I lived with my parents.

“Where I live currently is a family house I built (points to the mansion). As the head of the Aduana family, I had to relocate all my family members from the first house (a simple two storey-building) to this current place. I am an old man, I am not doing these things for myself, I just want to do something for my generation. I take care of my family’s needs. Each member of my clan. I sponsor each one of them through to the University.

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I’ve set up a fund for my grandchildren so that even if their father cannot support them someday, their grandfather already has. I was so inspired by my forefathers. I live like a villager; I eat what the villagers eat. You grow your own thing and eat your own thing. (points to his farm filled with labourers). I am a village man,” he told Wode Maya.

However, despite all these, the Kasapreko Group of Companies founder insists that he is not a billionaire, “I am not a billionaire. As for wealth, I can’t say I am a rich man. I am an average man, an average person. Recently, I was in America, and they are the rich ones with dollars. So, if I have some cedis, I can’t say I am a billionaire. In Africa, aside from Dangote, who else is rich? Nobody. Who is rich in Ghana? Nobody.”

Touching on his decision to remain despite being one of the richest men in Africa, Dr. Kwabena Adjei expressed, “When the eagle wants to hunt, it studies its prey, goes direct, and picks it. I am all about being focused, not being flamboyant, and not being out there because no benefit comes with it. Not everything needs publicity, I am not a media person but sometimes you cannot hide.”

Watch the video below:

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