What is the Net wealth of the richest man in Ghana?

Answer 1

Answer : Michael Kojo Essien/Net Worth : US$ 38 Million*/Occupation : Athlete (Soccer) - currently plays in Europe/Residence : England/Country of Citizenship : Ghana

Read Why - Please read all

Ghana is one of African countries where private net worth is currently not being made public for all to see. This is basically due to tradition, corruption and undocumented earning records. Since Ghana like most African countries is unable to produce records of what its citizens earn and pay in taxes and make them public, it will be impossible to say who is the richest. This question has come up several times and have never been answered - Ghana is is not in the state to answer this question directly. People can only speculate and come up with names they see fit, some of these names include, Otumfua Ashanti-Hene (Traditional ruler), Collins Ntiri (who is this guy?), Sam Jonah (Mining Executive), Asmah Bandah (Entrepreneur), Kofi Wayo (Oil investor and Politician), Azuma Nelson (Ex- Boxer) and Ike Quartey (Boxer).

Out of all these names, Kofi Wayo is the only one who has publicly spoken (or bragged) of his net worth, but just like the others he is unable to give an exact figure. Even if Ghana chooses its richest citizen it has to be verified and approved by outside sources as done everywhere. Nigeria's Aliko Dangote and South Africa's Patrice Motsepe had to be approved by Forbes in order to be universally accepted. This is not to say that Ghanaians are incapable of calculating their own figures but that all earning information must be double checked to avoid public misinformation and corruption. It will be a big disgrace if Ghana should come up with the wrong person.

Ghana is a country where people are secretive (or private ) with what they make and as such are uncomfortable to disclose such information. The only time a Ghanaian's earnings are mentioned publicly and accurately is when they are involve in some sort of international contract or project. That is, the person either lives and work in America, Canada, Australia, New Zealand or Europe. Ghanaians who live and work abroad are more open to sharing their net worth since the countries they reside in do document public earnings.

Soccer is the only occupation in Ghana where a person's networth is mentioned accurately in public (i.e radio, tv and newspaper). This often happens when a local player signs a new deal with a foreign team, and this practice of calling out how is being paid is perfectly acceptable. Since this is the case, a soccer player whose earnings come above all should be the richest man in Ghana. The player currently with the most net worth is Michael Assien, he is the most expensive African soccer player ever purchased. This is the only evident of the most Ghanaian-made wealth made public. Essien still plays in Europe remain on of the most paid foreign players.

For Michael Essien, please see;http://en.wikipedia.org/wiki/Michael_Essien

• Amount is subject to change