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Home » Biography » Osei Kwame Despite Net Worth
Biography

Osei Kwame Despite Net Worth

By Abdul SultanFebruary 2, 2024
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Let’s take a look at Osei Kwame Despite Net Worth today. Osei Kwame Despite is a popular Ghanaian businessman, known for his entrepreneurial spirit, wealth, and successful line businesses. He is popularly known as “Despite”. He is the CEO of the Despite group of companies, one of the largest conglomerates in West Africa.

In today’s article, you will learn more about Osei Kwame Despite net worth, early life, his businesses, and how he acquired his wealth.

Osei Kwame Despite Net Worth
Osei Kwame Despite

Content in This Post

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  • Early Life Kwame Despite
  • Osei Kwame Despite Net Worth
  • Kwame Despite Businesses
  • Kwame Despite Media Companies
  • Kwame Despite Food Processing Companies
  • U2 Company Limited
  • Neat Foods Company Limited
  • Atona Foods LTD
  • Other Companies Owned by Osei Kwame Despite

Early Life Kwame Despite

Kwame Despite was born in Agona Wiamoase, in the Ashanti region where his life and education began. 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.

READ ALSO: James Gyakye Quayson Biography, Net Worth, Wife, Children.

In 1983, he returned to Ghana with other Ghanaians who had fled Nigeria due to the country’s political unrest. Upon arriving in Ghana, he only had a trident cassette player and a chain-saw machine.

He later 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 businesses to what they are today.

Osei Kwame Despite Net Worth
Osei Kwame Despite

Osei Kwame Despite Net Worth

Kwame Despite has a net worth of $1.5 billion, making him one of the richest men in Ghana. He has built his wealth through his successful business ventures and investments.

Despite the group of companies, always the one he founded and the one he leads, but one of the largest conglomerates in West Africa, he has many interests in various sectors, including media, real estate, and hospitality.

RELATED CONTENT: Nana Akufo Addo Biography and Net Worth.

Despite having a diverse portfolio of businesses in different industries in addition to his media ventures. This covers hospitality, real estate, and other things. He has built his riches and succeeded in a variety of businesses thanks to his great business acumen and ability to spot and seize chances.

He is renowned for his forward-thinking and ambitious business strategies and has been instrumental in fostering the expansion and development of Ghana’s media sector.

To celebrate his 61st birthday, Despite bought a brand new Bugatti Chiron Super Sport. worth $3million. It became the talk of the town in Ghana.

Osei Kwame Despite Net Worth
Osei Kwame Despite Companies

Kwame Despite Businesses

He owns the Despite Groups of Companies which has more than 10 different businesses registered under it. He has food processing companies, finance companies, agriculture and construction companies, and media companies

Kwame Despite Media Companies

  • Okay FM
  • Peace FM
  • Neat FM
  • Hello FM
  • UTV Ghana (United Television Company Limited)

SEE ALSO: Mona 4Reall Biography, Full Name, Net Worth & Boyfriend.

Kwame Despite Food Processing Companies

U2 Company Limited

They are the producers of the popular U2 iodated salt in Ghana.

Neat Foods Company Limited

This Kwame Despite company produces and markets NEAT Fufu, NEAT Banku, NEAT Abenkwan, NEAT Hausa Koko, and NEAT Dairy Products.

Atona Foods LTD

They produce the popular Ghanaian chocolate drink “THIS WAY” and the THIS WAY Motherlac children’s cereal.

Other Companies Owned by Osei Kwame Despite

  • Despite Stores
  • Best Point Savings and Loans (Finance)
  • Farming and Building Construction businesses

Source: 247Hitz Biographies | Osei Kwame Despite Net Worth

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Abdul Sultan
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Abdul Sultan is an award-winning blogger and Content Creator. His area of expertise include web development, web consultancy, web maintenance, web design and search engine optimization.For enquiries about services and pricing write to [email protected]

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