Osei Kwame Despite Biography: Children, Age, Net Worth, Siblings, Parents, Height, Ethnicity, Wife

Osei Kwame Despite, famously known as Osei Kwame, is a Ghanaian entrepreneur and philanthropist with a background in music production and expertise in the broadcasting industry.

He serves as the CEO of Despite Firm Ltd, a trading company with various subsidiaries in the media sector, including UTV, Peace FM, Okay FM, Neat FM, and Hello FM in Kumasi.

Profile

• Full Name: Osei Kwame Despite
• Stage Name: Osei Kwame
• Born: 2, February 1962
• Age: 73 years old
• Birthplace: Ashanti, Ghana
• Nationality: Ghanaian
• Occupation: Entrepreneur
• Height: Unknown
• Parent: Unknown
• Siblings: Unknown
• Spouse: Tracy (m. 2019)
• Children: 9
• Relationship: Married
• Net Worth: $800 million

Early Life And Education

Osei Kwame Despite was born on February 2, 1962, in the Ashanti Region of Ghana, known for its rich cultural heritage and historical significance.

While details about his parents are not publicly available, it is known that he has siblings, though specific information about them remains undisclosed.

Despite his prominence as a businessman and media mogul, the media has not documented his educational background, leaving much about his academic journey unknown.

Ethnically, he identifies as Black and is deeply rooted in his Ghanaian heritage. Additionally, he practices Christianity, a faith that likely plays a significant role in shaping his values and philanthropic endeavors.

Career

A renowned Ghanaian entrepreneur, Osei Kwame began his career as a small-scale trader in Dunkwa-On-Offin, selling items such as music cassettes, padlocks, and feeding bottles.

His early years were marked by financial struggles, prompting him to relocate to Lagos, Nigeria, in search of better opportunities. However, political instability forced him to return to Ghana in 1983 with few assets, including a trident cassette player and a chain-saw machine.

Hoping to establish himself in the timber business, he faced a major setback when his chain-saw was damaged. This led him to focus on selling cassette tapes, marking the beginning of his entrepreneurial journey in the music and entertainment industry.

Despite’s career took a transformative turn in 1999 when he established Peace FM. This radio station revolutionized the Ghanaian media landscape by primarily broadcasting in Akan, making news and entertainment accessible to the local population.

Following Peace FM’s immense success, he expanded his media influence by launching other stations, including Okay FM, Neat FM, and Hello FM, under the Despite Group of Companies.

His vision extended beyond radio, leading to the co-founding of UTV Ghana in 2015 alongside business partner Ernest Ofori Sarpong, further solidifying his impact on the media industry. In addition to media, he ventured into food processing through Neat Foods and Atona Foods, diversifying his business portfolio and contributing to Ghana’s economy.

Today, Osei Kwame Despite is widely recognized as a media mogul and philanthropist whose contributions have significantly influenced Ghana’s socio-economic development. His business acumen and dedication to empowering local communities have earned him numerous accolades, including the prestigious Africa Entrepreneur of the Year award in 2021.

Beyond his entrepreneurial ventures, he serves on the Best Point Savings and Loans Limited board, demonstrating his commitment to financial empowerment and business growth in Ghana. His remarkable achievements continue to inspire aspiring entrepreneurs across the country and beyond.

Social Media

• Instagram handle: @fremekwame
• Twitter handle: @fremekwame

Personal Life

Osei Kwame Despite is a family man and a father of nine children. His eldest son, Kennedy Osei Asante, holds a key leadership role as the General Manager of Despite Media.

Despite having been married twice, his first wife is occasionally mentioned in family circles, while his marriage to Tracy in 2019 garnered widespread public attention.

Both personal and professional milestones, including notable family celebrations and business accomplishments, characterize his family life.

Net Worth

Osei Kwame Despite’s estimated net Worth is approximately $800 million. He is regarded as one of Ghana’s wealthiest individuals, with substantial investments in media, real estate, and various other industries.