Richard Nii Armah Quaye, a name synonymous with financial success in Ghana is the founder and board chairman of Bills (formerly Quick Angels Limited and Quick Credit & Investment Micro-Credit Limited).
The renowned entrepreneur has built a financial empire, but his journey to success is nothing short of inspiring.
Here are some intriguing facts about the business mogul that many people may not know:
From Humble Beginnings: Washed Bowls in the UK
Before attaining his financial breakthrough, Richard Nii Armah Quaye worked in the United Kingdom, where he washed bowls to survive.
His journey from menial jobs to owning billion-dollar businesses is a testament to hard work and perseverance.
Early Marriage and Divorce
The entrepreneur got married at the young age of 25. However, he later divorced and is currently searching for a new partner.
He made this revelation during an interview with Bola Ray
Once Sold Akpeteshie
Before venturing into the financial sector, Richard Nii Armah Quaye sold akpeteshie (a locally brewed alcoholic beverage) as part of his business hustle.
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His ability to identify opportunities and adapt to different business ventures contributed to his rise to the top.
Started His Loan Business in an Unusual Way
Unlike many financial institutions that begin with substantial capital, Richard started his loan business by lending small amounts of money to his neighbours.
He later sold his television set to reinvest in his business, demonstrating his commitment to growth.
Made His First Million at 27
At the age of 27, Richard achieved his first financial milestone by earning his first million dollars.
His journey from small-scale lending to managing a financial empire is a true success story.
Reached a Billion Dollars by 40
Building wealth takes time, but Richard reached billionaire status in just 13 years.
He recently revealed that by his 40th birthday, he had made his first billion dollars, cementing his place as one of Ghana’s wealthiest businessmen.
Celebrated His 40th Birthday in Style
To mark his 40th birthday, Richard Nii Armah Quaye went all out by purchasing a private jet and a Bugatti Chiron, one of the most expensive luxury cars in the world.
His extravagant celebration made headlines and further highlighted his financial success.
Founder of Quick Angels
Richard is the visionary behind Quick Angels Limited, a financial institution that provides funding for startups and small businesses in Ghana.
Through this initiative, he has empowered many young entrepreneurs, helping them to scale their businesses.
Bills: The Evolution of His Companies
Richard Nii Armah Quaye recently rebranded Quick Angels Limited and Quick Credit under the name Bills, a move aimed at strengthening the company’s brand and impact in the financial sector.
A Strong Believer in Discipline
Richard has repeatedly emphasized the importance of discipline in achieving success.
He attributes his financial breakthrough to hard work, determination, and staying focused on his goals.
His inspiring story serves as motivation for aspiring entrepreneurs, proving that with the right mindset, dedication, and strategic investments, anyone can rise from humble beginnings to achieve extraordinary success.
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