OSEI KWAME DESPITE
Business: Media Mogul
CEO: Despite Group Of Companies
Status: Billionaire
For someone who is a media mogul, he is very media shy and 9 out 10 people won’t even recognize him when they meet him. He is never seen anywhere. Osei Kwame Despite is an illiterate who came from nothing to something BIG. He was a hustler who started from selling tape cassettes, padlocks, feeding bottles and other petty things to get by.
He has knowledge in music production hence his success in broadcasting and and the media business. With his love for music and the selling of cassettes, he established his first radio station Peace FM in Accra in 1999. The station which was at that time the only station using the local dialect Twi (till date) gained success and that is how he built his media empire.
Today he owns chains of companies including, Okay FM, Asomdwie FM, Neat FM, Hello FM, U2 Company Limited (Iodated Salt Production), Neat Foods Company Limited (which produces and markets NEAT Fufu, NEAT Banku, NEAT Abenkwan, NEAT Hausa Koko, NEAT Diary Products), Special Ice Company Limited (Water Bottling Company), This Way Products (Makers Of This Way Chocolate Drink and This Way Motherlac), He also has hands in a micro finance company, BestPoint Savings and Loans Limited (BPSL), real estates and counting, Despite also owns, fast rising TV station, UTV. With all these companies, Despite is believed to be worth billions of dollars in liquid cash.
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