Nana Kwame Bediako’s Net Worth Forbes: The Success Story Of Cheddar From Ghana
Nana Kwame Bediako, the CEO of Kwarleyz Group and a business tycoon from Ghana, has talked about how he came from a small family and how his mother was broke when he was young.
He has also talked about how he built many houses and apartments in Africa.
Nana Kwame Bediako, who used to be called Cheddar and is now called Freedom Jacob Caesar (FJC), is the CEO of both Wonda World Estates and Petronia City Development, a 2,000-acre master-planned city development in Ghana. He is one of the most successful real estate developers in Ghana.
At the 5th Ghana CEO Summit, the real estate developer who went from CEO to industrialist by himself talked about how he did it.
Nana Kwame Bediako says that he always wanted to be a builder and that he started out by building two houses on one plot.
Then he came up with a rule called “maximization.” He said that he is not a real estate developer, but that he does make the best use of land and spaces.
Cheddar said that when he used the maximization principle to build two houses on one lot, it changed the way he thought about business and countries.
Nana Kwame Bediako’s company, Kwarleyz Group, has done some amazing things with the two houses on one plot of land. He did this by thinking differently and with a “maximization” mind-set.
The brands in the Kwarleyz Group
Petronia City Development, Wonda World Estate, Belfast City Management, New Africa Construction, and New Africa Foundation are the five companies that are part of the Kwarleyz Group.
Nana Kwame Bediako owns homes and apartments in Ghana and other countries.
After the one plot with two houses idea, these houses were built using the same “maximization” principle: a 40-apartment residence called “Kwarleyz Residence” in Accra’s Airport Residential Area, a 108-apartment building called “Number One Oxford Street” on Osu Oxford Street, Belgravia at Accra Residential Airport, a 130-apartment building called “Bel Air Crest” at Cantonments and Avenue Lincoln at North Ridge.
Some of Cheddar’s ongoing projects are Number Two Oxford Street at Osu Oxford Street, Ritz-Carlton at Labadi Beach, an apartment and offices for medical tourism called Double W, a charity project called Graduators and JW Marriott that provides homes for college graduates, and some amazing projects in Los Angeles.
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In 20 years, Nana Kwame Bediako has built 700 homes in Ghana and other places around the world. He did this because he wanted to help Africa grow and get better.
Nana Kwame Bediako has other apartments named after his wife (Ruby Bediako), his four sons, his brothers S.K. Bediako and Owusu, and other names that mean a lot to him.
The Journey of Petronia City Development
After building Kwarleyz Residence to honor his mother, Freedom Jacob Caesar (FJC) turned his attention to building his continent, Africa. He started with a small part of his neighborhood.
The industrialist and philanthropist said that building a house just to show that he is rich is not his dream. Instead, he wants to build cities.
Nana Kwame Bediako said, “My dream is not to be very successful or to get all these riches from development. My dream is to develop nations and have an effect on societies.”
The CEO of Kwarleyz Group says that Petronia, one of his brands, came about because he wanted to use new technologies to help his country close its deficit.
Cheddar went on to say that even though Ghana’s economy is bad, there is a huge gap to close before most Ghanaians will be able to afford their houses.
Cheddar wants to end poverty in Ghana and Africa as a whole and raise the Gross Domestic Product (GDP) to change the economy. When everyone is rich, he can call himself a developer because people can afford to buy homes from him.
He was born in Kumasi, Ghana, and grew up there. In 2022, Nana Kwame Bediako will be 42 years old. He says that his mother was poor and that his father had a lot of money. This situation helped him learn how to be an entrepreneur, and he can still remember his first business. Nana Kwame Bediako’s father gave him and his brother some money and told them to use it to help their mother.
While Bediako’s brother bought bread and eggs, the business owner decided to buy two hens and start a poultry business. Soon, he was selling 200 eggs a month as his business grew.
About his education
Bediako went to Accra Academy and Apam secondary school for his education. He then moved to London to go to Waltham Forest College. At this point, he started to use his business skills more effectively.
Bediako started making money while he was in college. He sold clothes that a friend gave him. Everyone at school bought clothes from him in no time. He made good use of this money and was able to buy his first car at age 16. His next idea came to him because of this car.
Bediako’s car was clamped more than once, and by the third time, he was angry. He took the clamp with him, and a friend offered to buy it from him. He decided to sell the old metal. He did this by buying broken pieces of metal and selling them again. After this “eureka” moment, Bediako quit school because he thought he had learned everything he could there.
Nana Kwame Bediako’s career
Bediako quickly left the scrap metal business and went into the phone business. He made a business that charged people every time they used the internet, which was becoming more and more popular at the time.
Global Telecommunications and Utilities (GTU) was the name of the company, which quickly gained customers. Because it was so popular, an investor came to him and bought the business for £410,000. He moved to Africa after that.
Bediako began to become the wealthy businessman he is today while he was in Africa.
He started his real estate empire, which has grown into what it is now and is still growing. Bediako says that his main goal is to make the skyline of Accra more beautiful. He has also said that his success is mostly the result of an inner voice and a lot of luck.
How much money does Nana Kwame Bediako have?
Nana Kwame Bediako, also known as Cheddar, is thought to be worth $4 billion right now. This shows that Nana Kwame Bediako is without a doubt one of the wealthiest young men in Ghana. He has been in the real estate business for more than 21 years and has made all of his money by working hard and loving what he does. He is responsible for the building of about 700 homes and rental units in the country.
Cars owned by Cheddar
Some of the nicest cars in Ghana belong to Nana Kwame Bediako. When he bought Cristiano Ronaldo’s Lamborghini Aventador, he got a lot of attention.
He also has a Rolls-Royce, Honda Civic, Mercedes Maybach, Lamborghini Urus, a beautiful customized REZVANI TANK, and a G-Wagon, just to name a few.
How did he get his name?
Nana Kwame Bediako wanted to be a successful man when he was young. He got the name Cheddar because of how hard he worked to make his first million.
He said that was a name that made him want to do well. His friends started calling him that, and since he was all about money, he embraced it.
How did Freedom Jacob Caesar get his name?
After working hard and selling metal scraps to get rich (Cheddar), the millionaire said that all that was left was to build the continent to get African countries out of debt, which is how he got the name Freedom Jacob Caesar.
He is also called the Prince of Africa by some people.
Is Nana Kwame Bediako a billionaire?
Nana Kwame Bediako told Bola Ray in his Revealed with Bola Ray shows that he is not a billionaire during an interview with Ray. He said that he wants to be a billionaire, but not in terms of money, but in terms of power.
He also said that he doesn’t want to be a billionaire because he needs the money, but because he wants to build the world. But Google says he’s worth $4 billion, and Yen says he’s worth between $2 and $5 billion right now.
The friendship between Nana Kwame Bediako and Mayweather
Nana Kwame Bediako, also known as “Freedom,” is the Ghanaian who is closest to Floyd Mayweather, the heavyweight champion.
He hasn’t told anyone yet how he met the pro boxer and how they became friends.
A video of businessman Floyd Mayweather showing off his home in the United States caused a lot of buzz on the Internet.
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