{"id":135096,"date":"2023-12-27T15:04:37","date_gmt":"2023-12-27T15:04:37","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/27\/how-ghanas-richest-investor-gained-1-3-million-in-53-days\/"},"modified":"2023-12-27T15:04:37","modified_gmt":"2023-12-27T15:04:37","slug":"how-ghanas-richest-investor-gained-1-3-million-in-53-days","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/27\/how-ghanas-richest-investor-gained-1-3-million-in-53-days\/","title":{"rendered":"How Ghana\u2019s richest investor gained $1.3 million in 53 days \u2013"},"content":{"rendered":"

<\/p>\n

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In August this year, Ghanaian multimillionaire businessman Daniel Ofori witnessed a remarkable increase in the value of his stake in Societe Generale Ghana, according to a billionaires.africa report.<\/strong><\/p>\n

Below is the full story first\u00a0published on August 26, 2023 by\u00a0GhanaWeb<\/strong><\/p>\n

Ghanaian multimillionaire businessman Daniel Ofori has witnessed a remarkable increase in the value of his stake in Societe Generale Ghana, according to a billionaires.africa report.<\/p>\n

Over the past 53 days, his stake\u2019s market value has surged by over $1.3 million due to a significant rise in the bank\u2019s shares on the Ghana stock exchange.<\/p>\n

The portal noted that Ofori\u2019s stake in Societe Generale Ghana had previously suffered a decline of $2.41 million between January 1 and June 28. During this period, the value of his shares fell from $4.88 million to $2.47 million.<\/p>\n

As the richest investor on the Ghana Stock Exchange, Ofori owns a beneficial 6.8% ownership stake, equivalent to 48,241,241 ordinary shares, in Societe Generale Ghana. This makes him the bank\u2019s largest individual shareholder.<\/p>\n

Since June 28, the shares of Societe Generale Ghana on the stock exchange have surged by 52.54%, increasing from GH\u00a20.59 ($0.0524) to GH\u00a20.90 ($0.0800), leading to gains for shareholders, including Daniel Ofori. This increase has raised the market value of Ofori\u2019s stake by $1.33 million over the past 53 days, from $2.52 million on June 28 to $3.85 million on August 20.<\/p>\n

With this substantial bump in his stake\u2019s market value, Ofori retains his position as the richest investor on the Ghana Stock Exchange and remains one of Ghana\u2019s most prosperous businessmen.<\/p>\n

In addition to his stake in Societe Generale Ghana, Ofori holds investments in Ghana Commercial Bank, Fan Milk Plc, and CAL Bank, all of which are publicly listed on the Ghana Stock Exchange.<\/p>\n

ID\/MA<\/p>\n

Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

In August this year, Ghanaian multimillionaire businessman Daniel Ofori witnessed a remarkable increase in the value of his stake in Societe Generale Ghana, according to a billionaires.africa report. 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