Find out the 5 business ideas Dr. Osei Kwame Despite came up with that made him a millionaire
When it comes to remarkable people who have built great wealth for themselves in Ghana, Osei Kwame Despite has become a household name.
He, like many successful people, came from humble beginnings but was able to build a business empire through hard work, dedication, and a wise investment.
Over the years, he has been able to generate brilliant business ideas that have resulted in massive wealth for him.
In honor of his 60th birthday, we’ve compiled a list of all the businesses the brilliant Ghanaian millionaire has founded in his lifetime.
- Establishing radio stations: Peace FM was founded on May 25, 1999, as a result of the millionaire’s passion for music and broadcasting. Following that were Okay FM and Neat FM in Accra, and Hello FM in Kumasi.
2. Creating a ready-to-eat food line
Despite having come up with a brilliant idea to start a business that saw some of Ghana’s most popular traditional dishes processed into easy-to-prepare forms,
As a result, he launched the Neat food line, which includes powdered plantain, cocoyam, and cassava that can be cooked as fufu.
- Investing in the production of beverages and salt
In addition to his previously established businesses, the business-minded man ventured into the production of chocolate drinks known as “This Way” and then an iodated salt brand known as U2 Salt, both of which are located in Winneba. - Establishing a successful television station
He co-founded the popular Akan television station, United Television (UTV), with a partner, and it has been a success since its inception. - Investing and borrowing
Despite this, he is a co-founder and Vice-Chairman of Best Point Savings and Loans Limited, a well-known financial institution.
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