Meet Sir Sam E. Jonah, a Ghanaian businessman and the one of the richest man in Ghana with a net worth of $1.2 billion. He is the Executive Chairman of Jonah Capital, an equity fund based in Johannesburg, South Africa, and has made significant contributions to the mining, real estate, agricultural, construction, financial services, and oil and gas services industries. In this article, we’ll take a closer look at his biography, family, net worth, career, and business ventures.
Sir Sam E. Jonah is a Ghanaian businessman who was born on November 19, 1949, in Obuasi, Ghana. He had his high school education at Adisadel College, Cape Coast, Ghana. He then earned an Associateship in Mining Engineering at the Camborne School of Mines in Cornwall, England, and a MSc in Mine Management at the Imperial College of Science and Technology. Jonah is a Fante Royal.
Sam Jonah was born to a family of Fante royals in Obuasi, Ghana. He grew up with his parents and siblings in the mining town, where his father, Thomas Jonah, was a manager at the Ashanti Goldfields Corporation. The family valued education, and Sam was encouraged to pursue academic excellence from an early age.
At the age of 25, Sam Jonah started his career in the mining industry, working in the deep mines of Ashanti Goldfields in central Ghana. He worked underground for 11 years and was rewarded with an engineering scholarship at Exeter University in the United Kingdom. After graduating, he returned to Ashanti Mining corporation and was appointed as the Chief Executive Officer in 1986, at the age of 36.
Under his leadership, Ashanti Goldfields became a mining multinational, with gold production increasing from 240,000 ounces per annum to over 1.6 million ounces in over ten years. He also oversaw the company’s listing as the first operating African company on the New York Stock Exchange. Jonah later went on to become the President of AngloGold Ashanti and shared the strategic leadership of the company with its CEO, Bobby Godsell.
Sam Jonah is the owner of Jonah Capital Limited, a holding company and private equity corporation that invests in mining, real estate, agricultural, construction, financial services, and oil and gas services. He owns 78% of the company and has invested in a separate business specialty in Africa, which has propelled him to become the second richest man in Ghana.
According to Forbes, Sam Jonah’s net worth is currently estimated at $1.2 billion, making him one of richest man in Ghana after Ernesto Tarricone. He accumulated the majority of his wealth through Jonah Capital, which has invested in various sectors across the African continent.
Sam Jonah is a successful Ghanaian businessman who has made a significant impact in the mining industry and beyond. He has received numerous honors and awards for his contributions to business and the community, including being knighted by the Prince of Wales in 2003. Jonah continues to invest in various sectors across Africa, using his wealth and influence to create opportunities for others and make a positive impact in the continent.