Osei Kwame Despite Net Worth in 2022: Despite is a Ghanaian entrepreneur and a philanthropist with a foundation in music creation and knowledge of the broadcasting sector.
He was born on February 2, 1962, in the Ghanaian town of Agona Wiamoase, in the Ashanti region.
The well-to-do businessman didn’t get it all easy, with his beginnings being difficult, but he was able to overcome to become a well-loved and well-known entrepreneur in the nation.
He started his business as a seller in Ghana’s Dunkwa-Offinso Central Region, selling music cassettes, feeding bottles, padlocks, and many other items. After years of trying to survive in rural areas, he and his colleagues moved to Lagos, Nigeria.
In the year 1983, he returned to Ghana, along with the other Ghanaians who had left Nigeria because of the country’s political instability. In his first journey to Ghana for business, he carried only one chainsaw, that was destroyed by a tree that fell. He later moved to selling cassette tapes, before expanding his line of business.
To demonstrate his support for Ghana’s music scene as well as to promote Ghanaian culture, he shifted to radio and established “Peace FM” at Mile 7 Junction in 1999.
Its attempts to experiment with the Akan language yielded results in the end, with radio listeners searching for local programming abandoned stations that were broadcasting mostly in the Queen’s dialect on the 104.3 frequency.
The radio business grew immensely with the advent of Hello FM in Kumasi and OkayFM in Accra, in addition to peacefmonline.com.
He’s the CEO of the Despite Firm Ltd, a trade company with subsidiaries in the media industry, including UTV, PEACE FM, OKAY FM, NEAT FM and HELLO FM in Kumasi. Check list of his full companies Here.
Osei Kwame Despite Net Worth
Osei Kwame Despite net worth is estimated at $1 billion as of 2022.