Net Worth: Top 10 Richest Politicians In Ghana In 2023; Their Names, Ages, Forbes Rank, How Much They Make
According to Worldometer, Ghana is a democratic nation that can be found in West Africa and has a total population of roughly 33 million people. Ghana has hosted a number of democratic elections since it gained its independence in 1957; the most recent of these elections took place in the year 2020. Significant progress has been made in the democratic institutions and procedures of the country, which are now characterized by peaceful power shifts on a regular basis and a media that is, for the most part, free and independent.
In recent years, a number of Ghanaian politicians have been able to gain enormous money, and a large number of them now rank among the wealthiest individuals in the country. Because of this, doubts have been raised regarding the origin of their riches and whether or not it was obtained through authorized means.
Notable political leaders in Ghana include Jerry John Rawlings, who served as the country's leader from 1981 until 2001, and Nana Akufo-Addo, who has been the current president of Ghana since 2017. Both of these men have held the role of president since 2017. Both leaders have been crucial in the development of democracy in Ghana and have made substantial contributions to the country's political scene.
Members of Parliament (MPs) and politicians in Ghana get salaries and allowances for their work; nevertheless, a significant number of them also have additional sources of income, such as the ownership of enterprises or assets. However, there have been worries about the impact of money in Ghana's politics, with some politicians being accused of leveraging their riches to influence the outcome of elections and the decisions that are made about policy.
In this environment, the wealth of Ghanaian politicians has been a subject of public scrutiny, with some pushing for greater openness and accountability in how politicians make their money. In this context, the wealth of Ghanaian politicians has also become a subject of international criticism. It is very possible that the problem of wealth and politics will continue to be a topic of debate and discussion as Ghana works to further solidify its democratic victories.
Who are the wealthiest politicians in Ghana, and what are their names?
There are certain individuals whose fortunes have greatly improved as a result of the expansion of Ghana's economy over the course of the last several years. The wealthy have always made it a habit to invest their money in lucrative companies, a tendency that has seen them become more successful in life as a whole.
Finding and ranking the wealthiest politicians in Ghana is not a simple undertaking by any means. This is primarily due to the fact that most wealthy people have little interest in displaying or bragging about their money.
Who is the wealthiest politician in this country, and how did they become that way? On this list is the richest guy in Ghana, according to Forbes, who also just so happens to have the largest net worth. All of the persons on this list have put in a lot of effort to get to the point where they are now. They have had a huge influence on society, and it is important for you to be aware of them.
The income offered to politicians in Ghana, in addition to other privileges such as car, house, and travel allowances, offices, and ex-gratia, make it difficult for many people to turn down the opportunity to pursue a career in politics. The financial benefits of entering politics in Ghana are quite enticing.
The majority of wealthy Ghanaian politicians don't often display or boast about their money. Keeping this in mind, TheDistin has compiled a list of 10+ rich politicians in Ghana that you should be aware of.
12. Mahamudu Bawumia – $5 million
Lockdown: Bawumia Offers 'Kayayos' Caught in a Cargo Truck 500 Cedis in Compensation
The 7th of October, 1963 is my birthday.
Age, as of the year 2023: 59 years old
Location of birth: Tamale, Ghana
Spouse: Samira Bawumia
Education includes Tamale Senior High School, the University of Buckingham (1987), Simon Fraser University, and Lincoln College.
Parents: Hajia Mariama Bawumia, Alhaji Mumuni Bawumia
New Patriotic Party is the name of the party.
Vice President of Ghana since 2017; currently serving in this capacity
Currently serving as the 5th Vice President of Ghana in the 4th Ghanaian Republic, Mahamudu Bawumia is a Ghanaian economist, author, and former central banker. He is also a member of the 4th Ghanaian Republic. On January 7, 2017, he took his seat in the Ghanaian government as Vice President.
Before he was put forward by the New Patriotic Party as a candidate for vice president with the party's then-presidential nominee, he had already established himself as a prominent figure in the banking industry. He is a brilliant politician who has made significant contributions to the development of the nation.
How much money does Mahamudu Bawumia have to his name? According to Yen.com, the legislator has a net worth that is believed to be $5 million. Because of this, he is now one of the wealthiest politicians in Ghana. He amasses his wealth through politics as well as through other activities.
11. Alhaji Baba Kamara – $11 million
Alhaji Baba Kamara. At the moment, Alhaji Baba Kamara serves both as the National Security Advisor of Ghana and as the High Commissioner and Ambassador of Ghana to Nigeria. He is officially affiliated with the Republics of Cameroon, Chad, and Sao Tome and Principe all at the same time. He was the founder as well as the Chief Executive Officer of Kamara Limited, in addition to being a very successful politician. Until 2009, he will serve as the Chief Executive Officer of African Trans Bridging Limited.
The President of the ECOWAS Commission appointed him to serve as the deputy head of a 250-person ECOWAS Election Observation Mission to the Federal Republic of Nigeria from February 22-28, 2023. The mission was scheduled to take place in Nigeria. According to The Ghanaian Times, the Mission, which is going to be led by Ernest Koroma, the former President of Sierra Leone, is going to witness the presidential election that is going to take place in Nigeria on February 25, 2023.
According to MyNewsGh, he was given the responsibility of leading the introduction and distribution of a $2.5 billion fertilizer manufactured by Dangote Industries to the market in Ghana as well as other parts of the market in West Africa.
How much money does Alhaji Baba Kamara have to his name? According to Yen.com, Baba Kamara, who is both a politician and a businessman, has a net worth that is believed to be $11 million.
10. Charles Kofo Wayo is worth thirty million dollars.
Kofi Wayo, often known as "the Showman," is a politician and multinational businessman who is noted for engaging in questionable business practices. He is a self-made millionaire, and the primary contributor to his wealth is the armaments items that he sells. He established the United Renaissance Party with the intention of running for the presidency in the upcoming elections.
How much money does Charles Kofi Wayo have in the bank? According to BuzzGhana, Mr. Kofi Wayo, also known as the "Showman," is a controversial politician and an international businessman who has an estimated net worth of $30 million at the present time.
9. 50 million dollars for Jerry John Rawlings
It has been confirmed that former President Jerry John Rawlings has passed away | Everything That Is Known
22 June 1947 is the given date of birth.
Accra, in Ghana, is the place of birth.
Date and place of death are listed as November 12, 2020, at the Korle Bu Teaching Hospital in Accra.
Children: Zanetor Agyeman-Rawlings, Kimathi Rawlings, Amina Rawlings, Yaa Asantewaa Rawlings
Spouse: Nana Konadu Agyeman-Rawlings (m. 1977–2020)
Dates of service as President: January 7th, 1993 to January 7th, 2001
James Ramsey John and Victoria Agbotui are the children's parents.
Buried on the 27th of January, 2021, in the Burma Camp in Accra
Jerry John Rawlings was a military officer and politician from Ghana. He served as the country's leader for a short time in the year 1979, and then again from 1981 to 2001, when he stepped down from government. He first served as the head of a military junta until 1992, after which he was democratically elected to the presidency of Ghana for two terms.
The unfortunate event took place on November 12th, 2020 at the Korle Bu Teaching Hospital in Accra.
How much money did Jerry John Rawlings have in the bank? According to Africa Ranking, the late Ghanaian politician possessed an estimated net worth of fifty million dollars. In addition to this, his net worth has been increased through a number of different commercial partnerships.
8. Kwadwo Adjei Darko - $150 million
The 10th of May, 1948 is his birthday.
He is 74 years old.
New Patriotic Party is the name of the party.
Education was received from the University of Cape Coast.
Mr. Kwadwo is a well-known politician who has held a number of high-profile ministerial roles over the course of his career. In the Ghanaian parliament, he represented the Sunyani West seat in the Brong Ahafo Region throughout his time as a member of parliament. In addition to that, he has served as the Minister of the Mines as well as the Minister of Local Government and Rural Development.
How much money does Kwadwo Adjei Darko have to his name? According to Answers Africa, Kwadwo Adjei Darko is a prominent politician in Ghana who has an estimated current net worth of $150 million.
7. Dr. Yaw Osafo-Maafo – $220 million
In school, Dr. Osafo-Maafo received training as an engineer; nonetheless, he made his name in the financial industry by assisting two major banks in regaining their footing after experiencing financial difficulties. After that, he entered the world of politics and eventually became a member of parliament. He served in that capacity for some time.
When Yaw Osafo-Maafo celebrated his 80th birthday with his family in 2022, it was a momentous occasion in his life that marked a significant turning point for him. He was the senior presidential advisor at the time.
Can you tell me how much money Dr. Yaw Osafo-Maafo has? According to GhSplash, Dr. Yaw Osafo-Maafo currently has a net worth of a staggering 222 million dollars. In addition to that, he has worked for a number of companies both as the chairman and as a board member, both of which have made significant contributions to his overall wealth.
6. Kennedy Agyapong - $250 million
The 16th of June, 1960 is his birthday.
Age, as in the year 2023: 62 years old
Central Region in Ghana is the place of birth.
Children: 22 kids including Ken Takyi Agyapong, Amanda Agyapong
Stella Wilson Agyapong is the married partner.
Siblings: Betty Agyapong
Francis Ohene and Kofi Agyapong are the children's parents.
New Patriotic Party is the name of the party.
Since 2013, he has served as a member of the Ghanaian Parliament.
Kennedy Agyapong is a prominent figure in Ghanaian politics and the business world. He is well known for his contentious stance as well as the positive work he has done to contribute to Ghana's economic growth.
Over the course of his career, he has made significant contributions to the political system in Ghana, particularly to the New Patriotic Party (NPP).
As a current member of parliament for the NPP, he is responsible for representing the Assin Central constituency.
He operates a number of companies around the country of Ghana, all of which have made significant contributions to his overall wealth.
These firms are also responsible for the employment of a large number of people. Ohene Agyapong is the proud owner of the following illustrious and well-known companies:
Spice FM, The National Newspaper, Kennedy Digital Satellite, Assin Farms, Ash FM, Gold Coin Communication, Mina D'oro Ventures, M/S Imperial World Business Limited, Net 2 TV, Oman FM, Real Estate Company, Super Care Company Limited (Dealer in Air Conditioners), and Mina D'oro Ventures.
What is the current estimate of Kenedy Agyapong's wealth? The idea that Kennedy is one of the wealthiest individuals in Ghana is absolutely mind-blowing, and in an interview with Dentaa, he disclosed that his net worth is approximately $250 million. Because of this, he is considered one of the wealthiest members of parliament in Ghana and politicians in general. As a successful entrepreneur, one of his most valuable assets is the company he founded.
5. Nana Akufo-Addo – $250 million
Nana Addo-Dankwa-Akufo-Addo
The 29th of March, 1944 is his birthday.
Age, as of the year 2023: 79 years old
Accra, in Ghana, is the place of birth.
University of Ghana (1964–1967), City, University of London, The City Law School, Lancing College, and New College for his education.
Beginning of the current presidential term on January 7, 2017
Full name: William Addo Dankwa Akufo-Addo
New Patriotic Party is the name of the party.
Spouse: Rebecca Akufo-Addo (m. 1997)
Nana Akufo-Addo is a well-known figure in Ghanaian politics and now serves as the country's President. He defeated the incumbent president in the presidential election held in 2020 and was subsequently inaugurated in for a second term as president in January of 2021.
He has been practicing law for his entire life and graduated from the illustrious Inns of Court School of Law in the United Kingdom. He has worked in businesses not just in Ghana but also in other countries. Aside from his ambitions to enter politics, he is a founding partner of a company and serves on the boards of directors of a number of different companies.
How much money does Nana Akufo-Addo have in the bank? According to Wikipedia, the income that Nana Akufo-Addo receives for his position as president of Ghana is $76,000. According to AvenueGh, Nana Addo Dankwa Akufo-Addo's current net worth is estimated to be $250 million.
4. Haruna Iddrisu - $300 million
The 8th of September, 1970 is my birthday.
(As of the year 203), I will be 52 years old.
Location of birth: Tamale, Ghana
Partner's name is Mary Safua
University of Ghana (1997) and Navrongo Senior High School are where I received my education.
Since 2005, he has served as a Member of Parliament for Ghana.
Prior to that, I served as Ghana's Minister for Communications from 2009 until 2013.
The National Democratic Congress is the party.
Ghanaian is one's nationality.
Haruna is currently serving as the Minister for Employment and Labour Relations in Ghana in addition to her role as the Member of Parliament for Tamale South. He is the current head of Ghana's minority party in the House of Representatives.
What is Haruna Iddrisu's current net worth as of right now? According to Yen, Haruna Iddrisu is a Ghanaian politician and lawyer who has a current net worth of $300 million. He is considered to be one of the richest people in Ghana.
3. Kwabena Duffuor - $680 million
1946 is the year of birth.
Age, as of the year 2023: 77 years old
The National Democratic Congress is the party.
Samuel Pencils has an education from Syracuse University and the University of Ghana.
Children: 5
Kwabena Duffuor served as Ghana's Minister of Finance for a time. In addition to that, he has held the position of governor of the Bank of Ghana. At a meeting held by the IMF and the World Bank in 1999, he was recognized as one of the top four Central Bank Governors in the entire world.
How much money does Kwabena Duffuor have in the bank? Kwabena Duffuor is regarded as one of the country's wealthiest tycoons, and his estimated net worth is 680 million dollars. He serves in the role of Chief Executive Officer at House of Duffour Asset Holdings. The businessman is also the owner of a significant number of shares in UniBank. He has a long history of serving in prominent positions in the administration.
2. John Dramani Mahama – $900 million
The 29th of November, 1958 is his birthday.
(As of the year 203), I will be 64 years old.
Damongo, Tamale, Ghana is where the author was born.
Children: Farida Mahama, Sharaf Mahama, Jesse Mahama, Shafik Mahama, Shahid Mahama
Achimota School, Institute of Social Sciences (1988), University of Ghana (1986), and University of Ghana (1981) are some of the institutions that have contributed to the author's education.
Duration of the current President's term in office: July 24, 2012 – January 7, 2017
Spouse: Lordina Mahama (m. 1992)
Ghanaian politician John Dramani Mahama served as the country's head of state from 2012 until his term as president ended in 2017. Between the months of January 2009 and July 2012, he served as vice president before being elected president. In addition to his ambitions in politics, Mahama is a seasoned professional in the fields of communications and history, as well as a writer. Since 1996, when he was first elected to the position of Member of Parliament, he has a long history in the world of politics.
The many influential roles he has played throughout the history of the nation are the source of his immense riches. For instance, he was also the Minister for Communications and the Member of Parliament for the Bole Bamboi constituency.
How much money does John Dramani Mahama have to his name? According to Glusea, Ghanaian politician and businessman John Dramani Mahama is the second richest politician in Ghana and now has a net worth of $900 million. Mahama is also the second richest businessman in Ghana.
1. Dr. Kwame Addo Kufuor - $1.2 billion
Dr.-Kwame-Addo-Kufuor
The 14th of July, 1940 is his birthday.
Age, as in the year 2023: 82 years old
Birthplace: Kumasi, Ghana
Siblings: John Kufuor
New Patriotic Party is the name of the party.
His education came from Cambridge University (1970).
Nieces: Saah Kufuor, Nana Ama Gyamfi
Nephews: Owusu Afriyie Kufuor, Agyekum Kufuor, J. Addo Kufuor
Who is the wealthiest politician in Ghana, and what is their position? Dr. Kwame Addo Kufuor is currently the most financially successful politician in Ghana according to his net worth of $1.2 billion.
Kwame Addo-Kufuor is a prominent figure in Ghanaian politics and also practices medicine. Addo-Kufuor served as the Minister of Defense under President John Kufuor, his brother, from 2001 until 2007. Prior to that, he served as a member of parliament for the state of Manhyia. His tenure as Minister for the Interior lasted from June 2008 till June 2009.
A rundown of the wealthiest political figures in Ghana
The fact that Ghana is home to so many wealthy politicians demonstrates what a fortunate nation Ghana is. The presence of wealthy people in a country has a beneficial effect on the economy of that country. The wealthy members of society accomplish this goal through generating additional options for work and investment.
The full names and estimated net worths of Ghana's top 10 wealthiest politicians are included in the following list...
Dr. Kwame Addo Kufuor - $1.2 billion
John Dramani Mahama – $900 million
Kwabena Duffuor - $680 million
Haruna Iddrisu - $300 million
Nana Akufo-Addo – $250 million
Kennedy Agyapong - $250 million
Dr. Yaw Osafo-Maafo – $220 million
Kwadwo Adjei Darko - $150 million
50 million dollars for Jerry John Rawlings
Charles Kofo Wayo is worth thirty million dollars.
Alhaji Baba Kamara – $11 million
Mahamudu Bawumia – $5 million
Ken Ofori-Atta – $5 million
Dr. Paa Kwesi Nduom
Twenty million dollars for Bryan Acheampong