This is a man who is said to have had no formal education growing up as a child and a young -adult. He was not a lazy boy at the early years of his life at all. He told a story of himself hawking and doing petty trading as a young boy on the streets of Ghana.

For him it has not been an easy journey making it to the TOP!

Ghana’s economy has received an incredible growth over the last couple of years. However, the fact cannot be Overlooked that, the efforts of such hard working business men and women contributed immensely to this. The Private Sector can be said to be doing marvelously well.

Who is The Most Famous Entrepreneur in Ghana?

Osei Kwame Despite was born on 2nd February 1962. He is a Ghanaian entrepreneur and a philanthropist with a foundation in music creation and knowledge of the broadcasting sector. Osei-Kwame is the CEO of the Despite Firm Ltd, a trade company with subsidiaries in the media industry, including UTV, PEACE FM, OKAY FM, NEAT FM and HELLO FM in Kumasi. He was named Africa Entrepreneur of the Year at the African Achievers Awards in the United Kingdom in 2021. He was also honored with GH CAPTAIN's Award in 2019 for his contributions to the socio-economic development of the country.

Osei Kwame Despite

The Most Famous Entrepreneur in Ghana.

Main Brands of Despite Group

Osei Kwame Despite was born on 2nd February 1962. He is a Ghanaian entrepreneur and a philanthropist with a foundation in music creation and knowledge of the broadcasting sector. Osei-Kwame is the CEO of the Despite Firm Ltd, a trade company with subsidiaries in the media industry, including UTV, PEACE FM, OKAY FM, NEAT FM and HELLO FM in Kumasi. He was named Africa Entrepreneur of the Year at the African Achievers Awards in the United Kingdom in 2021. He was also honored with GH CAPTAIN's Award in 2019 for his contributions to the socio-economic development of the country.

Early life

In the Ghanaian town of Agona Wiamoase, he was born, in the Ashanti region. He began his career as a merchant in Dunkwa-Offinso, Ghana's Central Region, selling music cassettes, feeding bottles, padlocks, and other items. After years of struggling to make ends meet in the countryside, he and his colleagues relocated to Lagos, Nigeria.

In 1983, he returned to Ghana with other Ghanaians who had fled Nigeria due to the country's political unrest. Back to his country, he only had a trident cassette player and a chain-saw machine. He started a timber contracting business with the chain-saw machine, but it was smashed by a falling tree on his first business trip. He eventually moved on to selling cassette tapes before diversifying his business.

Career

To show his support for the local music industry and to prioritize Ghanaian culture, he moved into radio and founded the PeaceFM at Achimota Mile 7 Junction in 1999. The station's experiments with the Akan language paid off, as radio listeners looking for local programming abandoned stations broadcasting primarily in the Queen's language on the 104.3 frequency. The radio industry flourished, culminating in the establishment of Hello FM in Kumasi and OkayFM in Accra, as well as peacefmonline.com.

Net WORTH $1.5 billion

According to two ( 2 ) diffferent sources, Osei Kwame Despite has an estimated net worth of

over $1.5 billion, making him the richest man in Ghana. He has been able to build his wealth through his successful businesses.

List of Companies

As of now the Despite Group of Companies (DGC) has the following companies;

• UTV

• Peace FM

• Hello FM

• Neat FM

• Okay FM

• Despite Stores

• Best Point Savings and Loans (Finance)

• Farming and Building Construction businesses

• Neat Foods Company Limited (which produces and markets NEAT Fufu, NEAT Banku, NEAT Abenkwan, NEAT Hausa Koko, NEAT Dairy Products)

• U2 Company Limited (Iodated Salt Production)

• Atona Foods LTD ( which produces THIS WAY chocolate drink which comes in different flavors, and the THIS WAY Motherlac children's cereal)

Personal life

Despite has a wife and nine children. Kennedy Osei Asante, his first son, is the General Manager of Despite Media.In 2019, he married Tracy in an expensive ceremony that drew the attention of many people both inside and outside the country.

He is noted for collecting luxurious vehicles and has a great love for exotic cars. He purchased a 3'000'000$ Bugatti Chiron in February 2022 to mark his 60th birthday, making him one of just 5 individuals in Africa who own a Bugatti.

Kwame Despite, as popularly called by most people from Kumasi, is counted among the TOP 5 Richest Men in Ghana.

IMAGES OF OSEI KWAME DESPITE

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