Top 5 Richest Kings in Ghana

Despite the fact that Ghana is a democratic country, we still have some powerful monarchs who are Richest and influential. Some of these monarchs have little or no formal political power, but they have spiritual and ceremonial obligations to their communities.

These obligations make monarchy a very profitable business in the country. Some of them are recognized by state institutions, and as a result, many of them receive generous government stipends and allowances.

Having said that, naj.ng has compiled a list of the top five richest kings in Ghana, along with their net worth.

Richest Kings in Ghana

• 1. Otumfuo Osei Tutu II, Asantehene

Otumfuo Osei Tutu II is the richest king in Ghana with a net worth of $10 million according to Forbes. Otumfuo Osei Tutu II is the king of the gold-rich Ashanti kingdom, home to the country’s largest ethnic group, the Asantes.

He is also the Chancellor of the Kwame Nkrumah University of Science and Technology (KNUST). Otumfuo Osei Tutu II is the Grand Patron of the Grand Lodge of Ghana and the Sword Bearer of the United Grand Lodge of England.

He ascended to the throne in 1999 and is the Asante people’s political and spiritual leader. Osei Tutu founded Transpomech Ghana in 1989, a $12 million (sales) company that supplies mining equipment to several large Ghanaian industrial companies. The King also has extensive real estate holdings in Ghana and South Africa, as well as a valuable collection of gold crown jewels.

• 2. Osagyefuo Nana Amoatia Ofori Panin, Okyehene

Osagyefuo Ofori Panin, also known as Odeshie Kwame Boakye Ofori Atta in private, is one of Ghana’s wealthiest kings. On October 4, 1999, he became the 35th occupant of the Akyem Abuakwa State’s Ofori Panin Stool, which was established in 1362 by Atta Apeanin Kwaframoa Woyiawonyi.

• 3. Togbe Afede XIV, King of Agbogbomefia

Togbe Afede XIV, born James Akpo is the King of Agbogbomefia and also one of the richest kings in Ghana. He is the President of the National House of Chiefs, the Agbogbomefia of the Asogli State and President of Asogli Traditional Area.

He has a Bachelor of Science in Administration (Accounting Option) from the University of Ghana and an MBA from the Yale University School of Management in the United States. He founded and is the CEO of SAS Finance Group Ltd, an investment bank, and Strategic Initiatives Ltd, a private equity and portfolio investment firm. He has over 18 years of experience as an entrepreneur and investment banker.

Togbe Afede XIV is founder and promoter of Africa World Airlines, Ghana’s largest domestic and regional airline. He also owns one of Africa’s biggest football clubs, Hearts of Oak.

• 4. Osagyefo Agyeman Badu II – Dormahene

Osagyefo Agyemang Badu II is Ghana’s richest and most respected king. He is both a traditional ruler and a judge on the High Court. He is the Bono Region’s paramount Chief of Dormaa.
He also owns a Ghanaian Premier League club, Aduana Stars. His club has won the Ghana Premier League twice.

• 5. Yaa-Naa Abubakari Mahama II

Bukali II (Bukali, Bukari, Abukari, Abubakar; born in the 1930s or 1940s), also known as Gariba II, is the current Yaa-Naa, or traditional ruler of Ghana’s Kingdom of Dagbon. He is one of Ghana’s wealthiest and most powerful kings.

Source: Zea.NG | Top 10 And Wealth | Ghana