Kwame Despite, also known as Despite Group, is one of Ghana’s leading business magnates and entrepreneurs. He is the CEO of the Despite Group of Companies, which is comprised of several businesses in the media, real estate, and hospitality industries.

Despite is widely recognized for his entrepreneurial success, and his net worth is estimated to be in the hundreds of millions of dollars.

The Despite Group of Companies

The Despite Group of Companies was founded by Kwame Despite in the late 1980s. The company started as a small trading business, but has since grown into a conglomerate of businesses with interests in media, real estate, and hospitality.

Some of the notable companies under the Despite Group include:

  • UTV Ghana: One of the largest and most popular television stations in Ghana, UTV Ghana is owned by the Despite Group.
  • Neat FM: A popular radio station in Ghana that is also owned by the Despite Group.
  • Peace FM: Another popular radio station in Ghana that is also owned by the Despite Group.
  • Despite Media: A media company that includes UTV and the radio stations, as well as other businesses such as printing, event management, and advertising.
  • Despite Real Estate: A real estate company that manages and develops properties for the Despite Group.
  • Despite Hospitality: A hospitality company that manages hotels and resorts for the Despite Group.

The Despite Group of Companies is considered one of the largest and most successful business conglomerates in Ghana, and is responsible for a significant portion of Kwame Despite’s net worth.

Kwame Despite’s Investments and Sources of Income

In addition to his businesses under the Despite Group of Companies, Kwame Despite has made several other investments and has several other sources of income. Some of these include:

  • Investments in the stock market: Kwame Despite has invested a significant amount of money in the stock market, and has seen substantial returns on these investments.
  • Investment in other businesses: Kwame Despite has also made investments in other businesses outside of the Despite Group of Companies, including start-ups and established companies.
  • Real estate properties: Kwame Despite also owns several real estate properties, both for personal use and for investment purposes.
  • Hospitality properties: In addition to his hotels and resorts managed by Despite Hospitality, Kwame Despite also owns several other hospitality properties for personal use and for investment purposes.

These investments and sources of income have contributed to Kwame Despite’s net worth and continue to provide him with a significant source of income.

How much is dr kwame despite worth 2023?

Dr. Kwame Despite, Cheddar, and Despite Group are well-known names in Ghana, with a significant impact on the country’s economy.

In 2022, the net worth of Dr. Kwame Despite was estimated to be around $1.3 billion, making him one of the wealthiest individuals in the country. Cheddar and Despite Group’s net worth is also substantial, with a combined value of over $2 billion.

Who is the richest billionaire in Ghana?

As of 2022, the richest billionaire in Ghana is known to be Ghanaian businessman, Nana Appiah Mensah, with a net worth of $1.7 billion.

What does Kwame despite do?

Dr. Kwame Despite is a successful entrepreneur and businessman in Ghana, known for his vast holdings in various industries such as media, hospitality, and real estate. He is the owner of the Despite Group of Companies, which encompasses UTV Ghana, a popular television station in the country, as well as several other businesses.

Who is the owner of UTV Ghana?

The CEO of Despite Group is Dr. Kwame Despite himself, who has been instrumental in the company’s success and growth over the years.

Who is Rachel Osei?

Rachel Osei is a well-known personality in Ghana, known for her work as a television host and actress. She has worked with several media organizations, including UTV Ghana, and is highly regarded for her talent and contribution to the entertainment industry.

Is despite the richest man in Ghana?

In 2022, Dr. Kwame Despite was considered one of the richest men in Ghana, but there were several others who were also wealthy and influential in their own right.

Which school is Saahene Osei in?

Saahene Osei, the son of Dr. Kwame Despite, is known to attend one of the top schools in Ghana, although the specific school has not been publicly disclosed.



Mensah courage is a professional teacher and co-founder of Together with team, we serve our readers with accurate information about the Ghananian education space and more. Follow me on all social media platforms