In Ghana, most citizens consider law as one of the jobs reserved for the poor. This opinion is rooted in the fact that some lawyers in Ghana are not rich, although law is considered one of the most popular professions in the country.
However, you will be surprised to know that this assessment is completely misleading. It is true that every young lawyer has to work hard before becoming a successful lawyer, but to say that law is a profession for the poor in Ghana is a big lie.
In Ghana, the richest lawyers are; Sampson Kwaku Boafo, Mohammed Amin Adams, Tsatsu Tsikata, Joe Ghartey, Akoto Ampaw, Yaw Oppong, Haruna Ididrisu, Dr. Kwesi Botchwey, Tony Lithur and Nana Akufo Addo.
The legal profession in Ghana has grown in recent years and now there are more lawyers than ever. That's good news for the economy as a whole, but it also means there's more competition for the highest paying customers.
In this article, we will look at the richest lawyers in Ghana. We will also examine how they earn their money and what they do to maintain their position at the top. So, if you want to know more about the richest lawyers in Ghana, read on!
List of Top 10 Richest Lawyers in Ghana
1. Sampson Kwaku Boafo
Sampson Kwaku Boafo is one of the richest lawyers in Ghana. He has a net worth of $1.5 billion. Boafo is the founder and managing director of the law firm Boafo & Associates. He has over 30 years of experience in legal practice. Boafo & Associates is one of the largest law firms in Ghana with 50 lawyers. The firm has offices in Accra, Kumasi, Takoradi and Tamale.
Boafo is a member of the Ghanaian Parliament and the International Bar Association. He is also the Chairman of the Ghana Stock Exchange. Boafo served on various boards including the National Petroleum Authority, the Ghana Investment Promotion Center and the National Development Planning Commission. He is also a member of the President's Commission on Small Business.
Boafo holds a Bachelor of Laws from the University of Ghana and a Master of Laws from Harvard Law School.
2. Mohammed Amin Adams
Adams is the managing director of Amin Adams & Associates, a law firm he founded in 2003. He is also a member of the Ghana Bar Association and the American Bar Association.
Amin Adams earned a law degree from the University of Ghana. He then earned a master's degree in law from the University of London. After working as a lawyer in London and Ghana, he decided to establish his own law firm in Ghana. Adams represented some of Ghana's biggest companies, as well as many celebrities. He is one of the most sought after lawyers in Ghana and his firm is one of the most successful law firms in the country.
3. Tsatsu Tsikata
Tsatsu Tsikata is a Ghanaian lawyer and economist who has a net worth of $1.2 billion. He is the founder of Databank Group, a financial services company in Ghana that operates in seven African countries. Tsikata was born in Accra, Ghana on October 5, 1953. He attended the University of Ghana and Harvard Law School where he earned a Juris Doctor degree. He also holds an MA in Economics from the University of Sussex.
After law school, Tsikata worked as a senior partner at the New York law firm Cravath, Swaine & Moore LLP from 1978 to 1982, He returned to Ghana to establish his own law firm, Tsatsu Tsikata & Associates.
In 1988, he and two other partners founded Databank. Databank has become one of the largest and most successful financial services companies with over $22 billion under management.
The firm offers a wide range of services, including investment banking, asset management, equity and corporate finance consulting.
In addition to his work at Databank, Tsikata sits on the boards of several other companies, including Standard Chartered Bank (Ghana) Ltd., United Bank for Africa (Ghana) Ltd. and Enterprise Insurance Company Ltd. He is also a member of the Council of State, an advisory body to the President of Ghana.
4. Joe Ghartey
Joe Ghartey is a Ghanaian lawyer and politician. He is the MP for Essikado-Ketan Constituency in the Western Region of Ghana. He was the Minister of Railways Development from January 2017 to January 2021, in the Nana Akufo-Addo government.
He was born on August 8, 1957, in Sekondi in the Western Region of Ghana, to Mr. Justice Ghartey, a retired High Court judge, and Mrs. Comfort Ghartey (née Quarshie), a former CEO. Joe Ghartey did his primary education at Sekondi Wesleyan Primary School and secondary school at Mfantsipim School, Cape Coast. He also attended the University of Ghana, Legon, where he obtained a Bachelor of Laws (LLB) degree, after which he was admitted to the Bar of Ghana in 1982.
5. Akoto Ampaw
Akoto Ampaw is a Ghanaian lawyer and one of the richest people in the country. He is the Managing Director of Akoto Ampaw & Associates, a law firm based in Accra. He has a net worth of $1.5 million making him one of the richest lawyers in Ghana.
Akoto Ampaw was born in Kumasi, Ghana and studied law at the University of Ghana. He established his own law firm after graduation, and it has become one of the largest law firms in Ghana.
He has represented some of Ghana's biggest companies including MTN, Vodafone and Barclays Bank. He also worked on high-profile cases, such as the murder case of President John Kufuor's son.
Akoto Ampaw is respected in the legal community and his wealth shows that he has been successful as a lawyer.
6. Yaw Oppong
Yaw Oppong is one of the richest lawyers in Ghana. He has a net worth of $1.3 billion. He is the founder and owner of the law firm Oppong & Co. He holds a law degree from the University of Ghana. He also holds a master's degree in law from Harvard University.
7. Haruna Ididrisu
Haruna Iddrisu is the Member of Parliament for Tamale South and former Minister of Labor and Workplace Relations in Ghana. He was born in Tamale, Ghana on September 8, 1970. According to the Wikipedia article, Haruna Iddrisu has been involved in Ghanaian politics since the third generation.
He was the Minister of Communications (from 2009 to 2013) as well as the Minister of Trade and Industry. You will be surprised to know that Haruna Iddrisu is currently a minority leader in the Ghanaian Parliament.
Although it can be argued that most of his reasons are political, there is no doubt that he was doing extraordinary things before he reached the position he is in today. Like I said before, it just takes time. Law is one of the most lucrative professions.
8. Dr. Kwesi Botchwey
He studied law at the University of Ghana and holds a master's degree at Yale University. Dr. Kwesi Botchwey has published many legal and non-legal articles on the United Nations and even the International Monetary Fund (IMF). No doubt, he is one of the richest lawyers in Ghana.
9. Tony Lithur
You cannot make a list of the best lawyers in Ghana without mentioning Tony Lithur. He is one of the most famous lawyers in Ghana. Tony addresses key legal issues in the country. Even his first wife, Nana Oye Lithur was also a lawyer. He also served as Minister for Nature, Children and Social Security.
In my opinion, Tony Lithur is one of the best lawyers in Ghana. He is very good at this. It is important to note that Tony Lithur is the founder and senior partner of the law firm Lithur Brew & Company (one of the largest law firms in Ghana). Trust me; he is now one of the richest lawyers in Ghana.
10. Nana Akufo Addo
Dankwa Akufo-Addo has held many government positions. He served as foreign minister from 2003 to 2007 under the administration led by Kufuor. According to research, Nana Akufo Addo was born on March 29, 1944. You will be surprised to know that Nana Akufo Addo is the founder of Prempeh and Co (one of the best law firms in Ghana). No doubt, he is one of the richest lawyers in Ghana.
Final Thought
Just because you've seen two or more poor lawyers doesn't mean this job is for the poor. I believe that this article has become a legitimate way to support the fact that Ghanaian lawyers are not poor. So, if you are a student or a researcher, I want you to let go of that idea. As far as I am concerned, law is one of the most lucrative professions in Ghana.
There you have it, the richest lawyers in Ghana. It is not surprising that most of them are based in Accra, since it is the capital and the largest city in the country. If you want to continue your career, these are the lawyers you should be wary of. Who knows, maybe one day, you'll be on this list too!
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