FRANK OWUSU SEKYERE

$213 Million

CEO, BARON DISTILLERIES

Wealth: SELF MADE, ALCOHOLIC BEVERAGES

Known For: BARON DISTILLERIES

OVERVIEW

Frank Owusu Sekyere is the founder of Baron Distilleries Limited. The company manufactures distilled and blended liquors and is the third-largest alcoholic beverage manufacturer in Ghana. Frank established the company in 1995 and currently employs over 220 workers. Baron Distilleries began operations under the name Baronanza Enterprises as a small manufacturing entity producing one product: Baron’s Lime Juice. The lime juice was developed by Frank Sekyere, who had a background in chemistry.

Frank started this business soon after completing his college education. The company was situated in a small wooden structure at the Airport Residential Area, a suburb of Accra. Within a year, Frank had developed four additional products and in 1998 the company was incorporated as a limited liability company with Frank as sole owner. In 2000, the company moved into its current premises and has been operating there ever since.

NET WORTH SUMMARY

Frank Owusu Sekyere’s Baron Distilleries currently has ten products on the Ghanaian market: Baron Pusher Gin Bitters, Baron Wo Ba Ada Anaa Gin Bitters, Baron Playboy Liqueur, Baron Captains Gin, Baron Captains Whisky, Baron Chef Whisky, Baron Cargo Gin Bitters, Baron Brandy, JH Baron Aromatic Schnapps and Baron’s Lime Juice.

In 2008, the company built a new factory equipped with a fully automated rinsing, bottling and capping plant.

Frank also owns the Baron Water House Limited, which manufactures purified water under the brand names ICE DROP and ICE PAK mineral water.

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