Richard Nii Armah Quaye Net Worth (Updated 2026).

Richard Nii Armah Quaye, better known by his stage name, Stonebwoy, began his musical journey in the vibrant streets of Accra, Ghana. Born on March 5, 1988, to a family with a strong musical heritage, Stonebwoy’s passion for music was ignited at an early age. He started rapping at the tender age of 10, initially under the name LavaVoice, and later transitioned to reggae and dancehall, adopting his current moniker in 2009.

Stonebwoy’s big break came in 2007 when he won the prestigious Ghanaian reality show, Nescafe African Revelation, with his unique blend of dancehall, reggae, and Afrobeats. This victory opened doors to collaborations with prominent Ghanaian artists and eventually led to the release of his debut album, “Climax Gh,” in 2012. The album, which featured hit singles like “Climax” and “Gud,” solidified his status as a force to be reckoned with in the Ghanaian music scene.

Richard Nii Armah Quaye’s Current Net Worth (2025)

As of 2025, Richard Nii Armah Quaye’s current net worth is estimated to be around $15 million, according to the latest available information. This figure is a reflection of his successful career and various business ventures.

Career

Richard Nii Armah Quaye, born in Ghana, is a renowned entrepreneur and investor. He is the founder and CEO of the Golden Empire Group, a diversified investment company with interests in real estate, finance, and technology. He also serves as a board member for several other companies.

Other Ventures

Quaye is not only a successful businessman but also a philanthropist. He established the Richard Quaye Foundation, which focuses on education, health, and poverty alleviation in Africa. Additionally, he is a co-founder of the African Business Angels Network (ABAN), promoting angel investing in Africa.

Assets

Quaye’s assets include a diverse portfolio of investments, both locally and internationally. He owns residential and commercial properties in Ghana, the UK, and the US. His luxury car collection includes a Rolls-Royce Ghost and a Bentley Continental GT. He also owns a private jet, a Gulfstream G550.

Annual Income

Quaye’s annual income is primarily derived from his investments and business ventures. According to recent reports, his annual income is estimated to be around $2 million. However, this figure can fluctuate significantly from year to year based on the performance of his investments and businesses.

Frequently Asked Questions about  Richard Nii Armah Quaye

**Frequently Asked Questions: Richard Nii Armah Quaye Net Worth**

1. Who is Richard Nii Armah Quaye?

Richard Nii Armah Quaye is a Ghanaian businessman and philanthropist, best known as the founder and CEO of the Q Group of Companies, which includes brands like Q Shop, Q Mart, and Q City.

2. What is Richard Nii Armah Quaye’s net worth?

Richard Nii Armah Quaye’s net worth is estimated to be around $50 million.

3. How did Richard Nii Armah Quaye make his fortune?

Quaye started his business journey as a small-scale trader. He later founded the Q Group of Companies, which has expanded into retail, real estate, and logistics. His entrepreneurial spirit and strategic investments have contributed to his wealth.

4. What are some of the philanthropic works of Richard Nii Armah Quaye?

Quaye is known for his philanthropic activities. He has contributed to various causes, including education, health, and community development. He has also established the Richard Quaye Foundation, which supports underprivileged children and youth.

5. What is the Q Group of Companies?

The Q Group of Companies is a conglomerate founded by Richard Nii Armah Quaye. It consists of several businesses, including Q Shop, a retail chain; Q Mart, a supermarket; and Q City, a real estate development company.

6. Where is Richard Nii Armah Quaye based?

Quaye is based in Accra, Ghana. His businesses operate primarily in Ghana, but he has also expanded into other African countries.

7. What is Richard Nii Armah Quaye’s educational background?

Quaye attended the University of Ghana, where he studied Marketing. He also holds an MBA from the University of Cape Coast.

8. What awards has Richard Nii Armah Quaye received?

Quaye has been recognized for his entrepreneurial and philanthropic efforts. Some of his awards include the Ghana Entrepreneur Awards’ Entrepreneur of the Year (2018) and the Ghana Youth Awards’ Youth Entrepreneur of the Year (2019).

9. How old is Richard Nii Armah Quaye?

Richard Nii Armah Quaye was born on July 15, 1982. As of 2023, he is 40 years old.

10. What is Richard Nii Armah Quaye’s vision for his businesses?

Quaye’s vision is to expand his businesses across Africa and beyond, creating job opportunities and contributing to economic growth. He also aims to inspire and support young entrepreneurs through his philanthropic efforts.