Top 20 Richest Politicians in Ghana 2025 and Net Worth

Politics in Ghana has always been closely linked to wealth and influence. Many Ghanaian politicians have built substantial fortunes through decades of business ventures, investments, and leadership roles. In this detailed article, we present the top 20 richest politicians in Ghana and their net worth, with comprehensive information on their sources of income, career highlights, and financial standing.

This list is based on available data from verified sources, business activities, and public records of politicians’ assets.

Why Focus on the Richest Politicians in Ghana 2025 and Their Net Worth?

Understanding the financial standing of Ghana’s richest politicians provides insight into the intersection of politics, business, and wealth accumulation. These individuals often wield significant power, shaping the country’s economy, policies, and even private sector growth. Their fortunes reflect decades of political service, strategic business investments, and in some cases, inherited wealth.

In Ghana, politicians often diversify their income sources across real estate, banking, agriculture, energy, and telecommunications. Political influence also enables access to lucrative business contracts and opportunities that amplify wealth growth.

Top Richest Politicians in Ghana 2025 and Net Worth (Updated List)

Below is a comprehensive and updated list of Ghana’s wealthiest political figures, including their estimated net worth and key sources of income.

1. Dr. Kwame Addo-Kufuor – $1.2 Billion

Dr. Kwame Addo-Kufuor is undoubtedly the richest politician in Ghana. A former Minister of Defence and brother of ex-President John Agyekum Kufuor, he has built a vast empire in real estate, banking, and diversified investments.

Sources of Wealth

• Extensive real estate holdings in Accra, Kumasi, and other prime cities

• Shares in major banks and insurance companies

• Large-scale agricultural businesses and private corporations

Political Influence

• Former Minister for Defence under President Kufuor

• Former MP for Manhyia Constituency

His ability to balance politics with successful private investments makes him Ghana’s wealthiest political figure.

2. Dr. Kwabena Duffuor – $680 Million

Dr. Kwabena Duffuor, former Governor of the Bank of Ghana and ex-Minister of Finance, is a seasoned businessman and entrepreneur.

Sources of Wealth

• Founder of UniBank and Star Assurance

• Large agricultural projects and real estate investments

• Diversified shares in local and international companies

Political Career

• Minister of Finance under President Atta Mills

• Member of the National Democratic Congress (NDC)

3. Nana Akufo-Addo – $600 Million

As Ghana’s President since 2017, Nana Akufo-Addo is from a wealthy royal family and has decades of legal practice behind him.

Sources of Wealth

• Successful legal career spanning over 30 years

• Family investments in cocoa, mining, and real estate

• Strategic business partnerships across multiple sectors

4. John Dramani Mahama – $550 Million

Former President John Mahama is one of Ghana’s wealthiest politicians thanks to years of political service and private investments.

Sources of Wealth

• Large-scale agribusiness ventures

• Investments in construction, publishing, and energy

• International speaking engagements and book royalties

5. Kennedy Agyapong – $500 Million

Kennedy Agyapong, a controversial yet influential politician, has built vast wealth in business and media.

Sources of Wealth

• Founder of Net2 TV and Oman FM

• Multiple real estate developments and hotels

• Import-export businesses and construction

6. Haruna Iddrisu – $420 Million

Haruna Iddrisu, the current Minority Leader in Parliament and a leading figure in the National Democratic Congress (NDC), has a strong presence in Ghanaian politics and the business world. Over the years, he has strategically built wealth through diversified investments while maintaining an influential political career.

Sources of Wealth

• Telecommunications: Haruna is known to have ownership stakes in several telecommunication firms operating in Ghana.

• Real Estate: He has invested heavily in high-value residential and commercial properties in Accra, Tamale, and Kumasi.

• Energy and Mining: Haruna has interests in energy distribution companies and small-scale mining operations, making this one of his strongest income streams.

Political Influence

As Minority Leader, Haruna Iddrisu is one of the most powerful voices in Parliament. His political influence provides him access to key decision-making platforms, which supports his business ventures and policy advocacy.

7. Alban Bagbin – $380 Million

Alban Bagbin, Speaker of Parliament, is one of the longest-serving politicians in Ghana. His decades in public service, combined with smart investments, have secured him a significant net worth.

Sources of Wealth

• Public Service Earnings: With over 28 years in Parliament, Bagbin has held numerous leadership positions that have contributed to his financial growth.

• Investments: He owns real estate properties in prime areas of Ghana and holds shares in local investment firms.

• Agriculture: He has developed commercial farms in the Upper West Region, focusing on crops and livestock.

Political Influence

As the Speaker of Parliament, Alban Bagbin plays a central role in Ghana’s legislative process, making him one of the most powerful political figures in the country.

8. Yaw Osafo-Maafo – $350 Million

Yaw Osafo-Maafo, a senior presidential advisor, is widely recognized for his expertise in finance and governance. His long career in banking, public administration, and consultancy has led to impressive wealth accumulation.

Sources of Wealth

• Consultancy Firms: He has founded and invested in consultancy firms that advise corporations and government bodies.

• Banking and Finance: With a background as a former Minister of Finance, he holds investments in several banks and insurance companies.

• Property Development: Osafo-Maafo has real estate investments in Accra and other urban centers.

Political Influence

He has served in multiple ministerial roles and continues to wield significant influence as a senior presidential advisor, shaping government policies.

9. Dr. Edward Mahama – $330 Million

Dr. Edward Mahama is both a respected medical doctor and a seasoned politician. His dual careers have contributed to his extensive wealth.

Sources of Wealth

• Healthcare: He owns private hospitals and clinics in major cities, offering premium healthcare services.

• Real Estate: Edward Mahama has invested heavily in commercial and residential properties across Ghana.

• Political Career: As a former flagbearer of the People’s National Convention (PNC), his long-standing political presence has strengthened his business network.

Political Influence

Though not holding a major office now, his reputation as a statesman and professional earns him respect and influence in both medical and political circles.

10. Alan Kyerematen – $300 Million

Alan Kyerematen, popularly known as "Alan Cash," is a seasoned politician and businessman. He has served as Ghana’s Minister for Trade and Industry and has built a fortune through international consultancy and trade initiatives.

Sources of Wealth

• Trade and Business Development: Alan has led several trade missions and has investments in import-export businesses.

• Consultancy: He has worked with international organizations, advising on trade and industrialization strategies.

• Real Estate and Partnerships: Alan Kyerematen owns prime properties in Accra and maintains partnerships with multinational firms.

Political Influence

His political career, especially as a minister, has allowed him to shape Ghana’s industrial policies and attract foreign investments.

11. Joe Ghartey – $250 Million

Joe Ghartey is a lawyer, former Attorney General, and prominent politician with diversified business interests.

Sources of Wealth

• Law Practice: He founded one of Ghana’s most successful law firms, handling major corporate and government cases.

• Real Estate: Joe Ghartey has substantial investments in residential estates and commercial buildings.

• Construction: He is linked to construction companies that secure high-value contracts.

Political Influence

As a former Minister for Railways Development and Attorney General, Ghartey has deep connections in Ghana’s public and private sectors.

12. Matthew Opoku Prempeh – $230 Million

Matthew Opoku Prempeh, known as "Napo," is a medical doctor and politician. He currently serves as Minister for Energy and has managed to build wealth from multiple ventures.

Sources of Wealth

• Healthcare: He has ownership stakes in private hospitals and diagnostic centers.

• Real Estate: Napo has invested in luxury residential properties and commercial complexes.

• Energy Sector: His position as Minister for Energy has strengthened his network in energy and oil-related businesses.

Political Influence

As a key member of the ruling party, his policies have shaped Ghana’s education and energy sectors significantly.

13. Ursula Owusu-Ekuful – $220 Million

Ursula Owusu-Ekuful, Ghana’s Minister for Communications, is among the wealthiest female politicians in the country.

Sources of Wealth

• Telecommunications: She has ownership stakes in ICT firms and related businesses.

• Law: A former managing partner of a top law firm, she built a strong financial base from legal practice.

• Real Estate: Ursula has invested in properties in Accra and other metropolitan areas.

Political Influence

As Communications Minister, she has major influence over Ghana’s digital transformation and telecommunications policies.

14. Dominic Nitiwul – $200 Million

Dominic Nitiwul, Ghana’s Defence Minister, has grown his net worth through diverse business ventures.

Sources of Wealth

• Construction: He owns construction firms that handle government and private contracts.

• Agriculture: Dominic has commercial farms producing cash crops and livestock.

• Real Estate: He has multiple property developments in Accra and his home region.

Political Influence

As Minister for Defence, he is a key figure in national security and plays a pivotal role in government decision-making.

15. Prof. Jane Naana Opoku-Agyemang – $190 Million

Professor Jane Naana Opoku-Agyemang, an academic and politician, has built wealth through education, consultancy, and investments.

Sources of Wealth

• Education: She has held top academic positions, including Vice Chancellor of the University of Cape Coast.

• Consultancy: She provides consultancy services to international education bodies.

• Real Estate: Jane Naana invests in residential properties and land developments.

Political Influence

As a former Education Minister and NDC running mate in 2020, she continues to shape educational policies in Ghana.

16. Seth Terkper – $170 Million

Seth Terkper, a former Minister of Finance, is known for his financial expertise and advisory roles.

Sources of Wealth

• Finance Consultancy: He advises multinational corporations and governments on fiscal management.

• Investments: Seth Terkper has shares in banks and investment firms.

• Real Estate: He owns properties in Accra and other urban centers.

Political Influence

Terkper remains a respected voice in financial policy and public sector reform, influencing Ghana’s economic direction.

17. Dr. Dominic Ayine – $160 Million

Dr. Dominic Ayine is a lawyer, academic, and politician whose net worth stems from his professional and business endeavors.

Sources of Wealth

• Law Practice: He is the founder of a thriving law firm that handles major corporate cases.

• Agriculture: Ayine has invested in large-scale farming and agro-processing.

• Education: He serves as a lecturer and provides academic consultancy.

Political Influence

As a Member of Parliament and former Deputy Attorney General, he continues to influence Ghana’s legal and political spheres.

18. Papa Owusu-Ankomah – $150 Million

Papa Owusu-Ankomah is a senior lawyer, diplomat, and politician with decades of public service experience.

Sources of Wealth

• Real Estate: He owns luxury properties in Ghana and the UK.

• Legal Practice: Papa Owusu-Ankomah built his wealth through successful law practice before entering diplomacy.

• Diplomatic Engagements: His roles as Ghana’s High Commissioner to the UK expanded his international business networks.

Political Influence

As a seasoned politician and diplomat, he maintains strong ties in Ghana’s political and corporate sectors.

19. Samuel Okudzeto Ablakwa – $130 Million

Samuel Okudzeto Ablakwa, a young and dynamic MP, is one of the wealthiest politicians in his age group.

Sources of Wealth

• Media: He has investments in radio and television stations.

• Education: Ablakwa has shares in private educational institutions.

• Real Estate: He owns multiple properties in the Volta Region and Accra.

Political Influence

As a strong voice in Parliament, Ablakwa has built a reputation for holding government accountable while advancing his political career.

20. Kojo Oppong Nkrumah – $110 Million

Kojo Oppong Nkrumah, Ghana’s Information Minister, transitioned from journalism to politics, building wealth along the way.

Sources of Wealth

• Media: He previously owned and managed successful media outlets.

• Investments: Kojo has invested in fintech startups and real estate.

• Law Practice: He continues to benefit from his background as a trained lawyer.

Political Influence

As the government’s spokesperson, Oppong Nkrumah is one of the most visible ministers and influential young politicians in Ghana.

Summary Table: Top 20 Richest Politicians in Ghana 2025

Note: Net worth estimates are based on available data, business investments, and asset declarations. Figures may vary due to currency fluctuations and undisclosed assets.

How Do Ghana’s Richest Politicians Accumulate Wealth?

1. Real Estate: High-value property development in Accra, Kumasi, and other cities

2. Business Ownership: Investments in banks, hospitals, media houses, and agriculture

3. Government Contracts: Political power gives access to profitable deals

4. Family Wealth: Many come from influential families with generational businesses

5. International Investments: Assets abroad and partnerships with global corporations

The Economic Impact of Wealthy Politicians in Ghana

While these politicians’ investments create jobs and drive infrastructure, their immense wealth raises questions about inequality and transparency in public service.

FAQs on Richest Politicians in Ghana 2025

1. Who is the richest politician in Ghana 2025?

Dr. Kwame Addo-Kufuor tops the list with an estimated net worth of $1.2 billion.

2. Do all politicians declare their assets?

Not all politicians fully disclose their assets; many figures are estimates.

3. Which politician owns the most businesses?

Kennedy Agyapong is known for owning multiple companies in media, real estate, and import-export.

4. Are there female politicians on the list?

Yes, Ursula Owusu-Ekuful and Prof. Jane Naana Opoku-Agyemang feature prominently.

5. Do wealthy politicians give back to society?

Several politicians run charities and foundations that fund education and community projects.

6. Can political influence help business growth?

Yes, political connections often open doors to contracts and partnerships.

7. What industries do most politicians invest in?

Real estate, agriculture, finance, energy, and telecommunications dominate their portfolios.

8. Are young politicians like Oppong Nkrumah wealthy?

Yes, younger leaders are building wealth through media and private investments.

9. Are net worth figures accurate?

They are based on credible estimates but can vary due to undisclosed assets.

10. How does their wealth affect Ghana’s economy?

Their investments create jobs but also highlight economic disparity.

Conclusion

The top 20 richest politicians in Ghana 2025 demonstrate how political influence, business acumen, and generational wealth combine to create powerful financial empires. Their fortunes often extend beyond politics into industries that shape Ghana’s economy.

While their wealth generates employment and drives investment, it also raises important conversations about transparency, governance, and income distribution.