The richest woman in the world, Liliane Bettencourt, died recently at the age of 94.
Heiress of the cosmetics firm L’Oreal, she had an estimated net worth of 33bn euros (£30bn; $40bn) when she died at her home in Paris, France.
Elsewhere in Africa, we can boast of many rich and powerful people who are believed to be shrewd in the way they conduct their businesses.
And who is leading the pack when it comes to Ghana? Find below the richest Ghanaian women who appeared in the list.
5. Grace Amey-Obeng
The fifth richest woman in Ghana is Grace Amey-Obeng. She is the Chief Executive Officer of FC Beauty Salon & Cosmetics. Her net worth is $100 Million.
The FC Group has over eight branches in Ghana and exports to Nigeria, Burkina Faso,Togo, Ivory Coast, Switzerland and the United Kingdom. It has employed more than 98 people with an annual turnover of $ 15 million.
The Group’s subsidiaries includes FC Beauty College, Ghana’s premier beauty therapy training institution, FC Cosmetics Industries, manufacturers of Forever Clair skin care, hair and makeup products, and FC Skin & Beauty Klinik which offers beauty and wellness services to its clients.
4. Gifty Lamptey
Source Of Wealth: Fertilizers (SIDALCO)
Net Worth: $135 Million
Gifty Lamptey is the largest individual shareholder in SIDALCO, one of West Africa’s largest fertilizer distributor. The businesswoman and mother of one inherited the estate and fertilizer company, making her one of the richest women in Ghana.
3. Kate Quartey-Papafio
Source Of Wealth: Cables (Reroy Cables Limited)
Net Worth: $250 Million
Kate Quartey-Papafio is the founder and Chief Executive Officer of Reroy Cables Limited one of the leading manufacturers of electrical cables in Ghana. Reroy manufactures electrical and telecom cables and conductors predominantly for the international market but has a significant domestic presence as well. The company which now has a work force of over 100, started operations in 2003 and exports mostly to countries in the ECOWAS sub-region.
2. Theresa Oppong-Beeko
Source Of Wealth: Real Estate (Manet Group)
Net Worth: $420 Million
Real estate baroness Theresa Oppong-Beeko’s fortune is on the rise thanks to the massive properties she owns in the most expensive neighbourhoods in Ghana. The Manet Group owns commercial office properties, over 2,000 apartments, a hotel; 48 room hotel with an amazing array of recreational and leisure activities on offer including Acqua sport and marlin fishing in Ada.
One of the biggest jumps in her assets, though, comes from owning the Manet Towers at Airport City in Accra, Ghana.
1. Patricia Poku-Diaby
Source Of Wealth: Plot Enterprise (Cocoa & Commodities)
Net Worth: $720 Million
Patricia Poku-Diaby was involved in her family’s business (trading and transportation) before she set up the Plot Enterprise Group in Ivory Coast, which was a precursor to the Ghanaian company.
Plot Enterprise Ghana is a wholly Ghanaian owned cocoa processing company. The group has market presence in Asia and West Africa and comprises; Plot Commodities (registered with the Dubai Metal and Commodities Centre in Dubai), Plot Enterprise in Ivory Coast and Plot Enterprise Ghana.
Plot Commodities deals in cotton and cocoa and is registered with the Cocoa Merchants Association of America. Plot Enterprise in Ivory Coast is engaged in the trading of cocoa, cashew nut and wood products.
Plot Enterprise Ghana has a plant which has an annual initial bean input capacity of 32,000 metric tonnes. The implementation of the project began in 2006 with trial runs starting in November 2009.The plant was fully commissioned in January 2010.