Ghanaian businessman Richard Nii Armah Quaye, the founder of Bills Credit, has missed out on Forbes Africa’s 2025 Billionaires List, despite his earlier claims of achieving billionaire status.

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Before the official release of the list, many Ghanaians anticipated Quaye’s inclusion after he publicly stated in an interview with Bola Ray that he had made his first $1 billion.

He also revealed that he had hit his first $1 million at the age of 27 and had now decided to retire from active entrepreneurship.

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However, despite his financial success and recent luxury acquisitions—including a Gulfstream 200 private jet and a Bugatti Chiron to mark his 40th birthday—Quaye did not secure a spot among Africa’s wealthiest individuals.

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As expected, the 2025 list featured some of the continent’s most renowned billionaires, including Aliko Dangote, Mike Adenuga, Strive Masiyiwa, and Egypt’s Youssef Mansour, among others.

While his absence from the prestigious Forbes list raises questions about the verification of his claimed net worth, Quaye remains a key figure in Ghana’s business landscape.

His company, Bills Credit, formerly Quick Angels Limited, has played a significant role in financing startups and empowering entrepreneurs in Ghana.

For now, his fans and business associates will have to wait and see if he can officially break into the billionaire rankings in the future.