{"id":270509,"date":"2024-12-25T13:52:50","date_gmt":"2024-12-25T13:52:50","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/12\/25\/the-top-5-richest-families-in-ghana-with-over-500-million-net-worth\/"},"modified":"2024-12-25T13:52:50","modified_gmt":"2024-12-25T13:52:50","slug":"the-top-5-richest-families-in-ghana-with-over-500-million-net-worth","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/12\/25\/the-top-5-richest-families-in-ghana-with-over-500-million-net-worth\/","title":{"rendered":"The top 5 richest families in Ghana with over $500 million net worth"},"content":{"rendered":"

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\"Ghana Ghana has always been touted as one of the best places to do business<\/span><\/span><\/p>\n<\/div>\n

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Ghana has always been touted as one of the best places to do business due to its peaceful, stable and evolving business climate.<\/p>\n

This has proven to be 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 left out of the gains of doing business in Ghana.<\/p>\n

In this article, GhanaWeb Business puts the spotlight on the top five Ghanaian families whose net worth is above $500 million. The details are made available via YouTube content created by The New Tourist:<\/b><\/p>\n

Coming up at number 5 is the Adamu Iddrisu family, with a net worth of $550 million.<\/p>\n

Alhaji Iddrisu is popularly known as the founder of the defunct Royal Bank and the Global Haulage Company, formerly known as A.A. Iddrisu Transport.<\/p>\n

Global Haulage maintains its prominence as a company actively concerned with cocoa evacuation.<\/p>\n

At number 4 is the Millad Millet family with a net worth of $620 million. According to reports, their wealth is self-made and from the involvement of the family in the textile business.<\/p>\n

The Ghanaian family of Lebanese descent founded Millet Textile Corporation in 1958. This was established originally to produce towels, however, it started producing textiles in order to expand its markets.<\/p>\n

The name of the company was changed to Spintex and then to Printex. Printex became a popular and known textiles brand in Ghana and other parts of the world.<\/p>\n

The Awuah Darko family comes at number three, with a net worth of $650 million.<\/p>\n

Having descended from the late Nana Awuah-Darko Ampem (the originator of the existing Awuah-Darko Family), the Awuah-Darko Family comprises individuals including Kingsley Kwame Awuah-Darko, Daniel Awuah-Darko Jnr, David Awuah-Darko and Harold Awuah-Darko.<\/p>\n

The existing Awuah-Darko Family has a worth of $650 million generated from its Vanguard Group of Companies.<\/p>\n

The Kalmoni family is known to have acquired its wealth from inheritance and from various businesses, notably Japan Motors.<\/p>\n

The family\u2019s worth is noted to have evolved through Kalmoni & Sons established in 1912 by the grandfather of the present Kalmoni Family.<\/p>\n

Number one is the Irani family, which has a net worth of $800 million.<\/p>\n

The Irani family is also of Lebanese descent. It comprises the pair of Edmund Irani and Anthony Irani, who are brothers of Lebanese descent.<\/p>\n

Their source of wealth is believed to have been acquired from Irani Brothers & Others Limited, producers of wheat flour.<\/p>\n

This article was first published on March 25, 2023 by GhanaWeb<\/i><\/p>\n

Watch the latest edition of BizTech below:<\/b><\/p>\n