Togbe Afede XIV

Togbe Afede XIV is the richest Ghanaian traditional ruler, with an estimated net worth of $50 million (estimated).

In April 2021 Togbe Afede XIV sat in the co-pilot's seat of the Embraer jet that made the first landing at Ho Airport. The paramount chief of Asogli is also the co-founder of the airline that operated it, Africa World Airlines, which he chairs.

Early life and education

He was born on 23 April 1957 in Ho to Patrick Akpo and Rose Anyawoe; a twin brother, Philip, died young. He attended Ho Bankoe RC Boys School, Kpedze Secondary School and Labone Secondary School, then took a business degree in accounting at the University of Ghana in 1979 and an MBA at the Yale School of Management in 1989.

Business

He founded the SAS Finance Group, including the brokerage Strategic African Securities, and the private equity firm Strategic Initiatives, and co-founded Databank, Sunon Asogli Power and Africa World Airlines. He is executive chairman of the World Trade Centre Accra and joined the board of the World Trade Centers Association in 2015. He sat on the board of the Bank of Ghana from 2003 to 2013 and has been co-chairman of Accra Hearts of Oak since 2011.

Chieftaincy

He was installed as Agbogbomefia of the Asogli State on 4 October 2003, succeeding Togbe Afede Asor II, and in November 2016 was elected President of the National House of Chiefs. He received the Order of the Volta in 2008 and was named Entrepreneur of the Decade in 2020.