Discover the top 10 richest investors on the Ghana Stock Exchange (GSE) in 2026, including Daniel Ofori, Joseph Siaw Agyepong, and other major shareholders who have benefited from the stock market’s historic rally.
The Ghana Stock Exchange continued its remarkable rise in 2026 after ending 2025 as Africa’s best-performing equity market.
Topping the list of the richest investors on the GSE is Daniel Ofori, whose publicly disclosed investment portfolio is valued at approximately $64.95 million.
The rankings reveal how concentrated investments in banking, telecom, mining, and agribusiness stocks have significantly increased the wealth of long-term investors during Ghana’s ongoing market boom.
The Ghana Stock Exchange entered 2026 with strong momentum after recording an annual return of 79.43% in 2025, making it Africa’s top-performing stock market.
Instead of slowing down, the rally accelerated further, with the GSE Composite Index rising by nearly 49% in the first quarter of 2026 and surpassing the historic 15,000-point milestone for the first time.
The market surge has dramatically increased the fortunes of several prominent investors, especially those holding major stakes in banking, telecommunications, mining, and energy companies.
Below is a list of the top 10 richest investors on the Ghana Stock Exchange in 2026, based on the estimated value of their publicly known shareholdings.
The rankings were compiled by Billionaires.Africa using early February 2026 closing market prices and converted into US dollars using the interbank exchange rate.
The estimates exclude private companies, offshore assets, real estate, and unlisted investments.
1. Daniel Ofori
Portfolio value: $64.95 million
Holdings: GCB Bank, Societe Generale Ghana, CAL Bank, SIC Insurance
Daniel Ofori, founder of Advance Ventures Limited and Dano Engineering, as well as Chairman and CEO of White Chapel Holdings, currently owns the largest disclosed individual stock portfolio on the Ghana Stock Exchange.
With over 30 years of experience in Ghana’s financial markets, Ofori has built his fortune through a disciplined value-investing strategy.
His biggest investment remains his 7.5% stake in GCB Bank, where he controls close to 20 million shares.
After GCB resumed dividend payments in 2026, Ofori reportedly earned nearly GH₵20 million in dividend income from the investment alone.
He is also among the biggest individual shareholders in Societe Generale Ghana, benefiting significantly from the strong rally in banking stocks.
2. Malik Mohammad Easah
Malik Mohammad Easah’s listed wealth is heavily tied to Asante Gold Corporation, where he owns a 2.089% stake.
The surge in global gold prices alongside growing investor confidence in Ghana’s mining sector substantially increased the value of his holdings during the 2026 stock market rally.
His concentrated investment approach has positioned him among the leading individual investors in Ghana’s gold mining industry.
3. Patrick Kingsley Nyinah
Portfolio value: $3.36 million
Holdings: Ghana Oil Company (GOIL)
Patrick Kingsley Nyinah’s wealth on the GSE is driven mainly by his investment in GOIL.
The petroleum company remains one of Ghana’s most recognised listed firms, operating across fuel retail, distribution, and energy services nationwide.
His long-term investment has benefited from GOIL’s stable market performance and strategic importance within Ghana’s energy sector.
4. Ebenezer Twum Asante
Portfolio value: $3.06 million
Holdings: MTN Ghana
Ebenezer Twum Asante is widely respected as one of Ghana’s leading telecom executives and the first Ghanaian to serve as CEO of MTN Ghana.
His investment in MTN Ghana has grown considerably as the telecom company continues to dominate activity on the Ghana Stock Exchange.
In early 2026, MTN Ghana accounted for almost 90% of total traded value on the exchange. Twum Asante also sits on the boards of several telecom and financial institutions across Africa.
5. Roger Norwich
Portfolio value: $2.90 million
Holdings: Asante Gold Corporation
Roger Norwich is another key investor in Asante Gold Corporation, with most of his listed wealth linked to the mining industry.
The rise in international gold prices and stronger investor demand for commodity-related stocks contributed heavily to the growth of his portfolio in 2026.
6. Joseph Siaw Agyepong
Portfolio value: $2.43 million
Holdings: Access Bank Ghana
Joseph Siaw Agyepong is best known as the founder and Executive Chairman of the Jospong Group of Companies and Zoomlion Ghana Limited.
His exposure on the Ghana Stock Exchange mainly comes from his investment in Access Bank Ghana.
Agyepong’s portfolio reflects increasing investor optimism in Ghana’s banking industry following major sector reforms, recapitalisation efforts, and financial restructuring.
7. Felix Addo
Portfolio value: $2.39 million
Holdings: MTN Ghana
Felix Addo is among the notable insider shareholders who have benefited from MTN Ghana’s impressive stock market performance.
His stake of more than 6.2 million shares gained significant value during the company’s strong share price rally in 2026 despite occasional market pullbacks.
8. Afedo Moses Kwasi
Portfolio value: $1.72 million
Holdings: Benso Oil Palm Plantation
Afedo Moses Kwasi’s investment portfolio is concentrated in Benso Oil Palm Plantation (BOPP), one of Ghana’s oldest agribusiness firms listed on the stock exchange.
The company’s long history in oil palm cultivation and processing has attracted patient investors seeking long-term exposure to Ghana’s agricultural sector.
9. Gideon Amenuvor
Portfolio value: $1.68 million
Holdings: Societe Generale Ghana
Gideon Amenuvor is another experienced investor whose stock market wealth is strongly connected to Societe Generale Ghana.
The sharp recovery in Ghana’s banking sector in 2026 significantly increased the value of his investment as confidence returned to financial stocks following improved earnings performance.
10. Frank Adu
Portfolio value: $1.25 million
Holdings: CAL Bank
Frank Adu, also known as Frank B. Adu Jr, is regarded as one of Ghana’s most influential banking executives and previously served as managing director and CEO of CAL Bank.
During his nearly 20-year leadership at CAL Bank, he helped transform the institution into one of Ghana’s leading universal banks.
His continued investment in the bank reflects his long-term confidence in the institution he helped build.
Key Takeaways
Banking stocks remain the dominant investments among Ghana’s richest stock market investors, highlighting renewed confidence in the financial sector after years of economic reforms and restructuring.
The exceptional performance of the Ghana Stock Exchange in 2026 has rewarded patient investors who maintained strong positions in quality companies across the banking, telecoms, mining, energy, and agribusiness sectors.
However, the rankings also expose the risks associated with concentrated investing, as many investors rely heavily on a single stock for the majority of their listed wealth.
Credit: pulse.com.gh