Nana Kwame Bediako’s Net Worth Forbes: The Success Story Of Cheddar From Ghana – List Of His Properties

Ghanaian business mogul, Nana Kwame Bediako, the CEO of Kwarleyz Group has shared his humble beginning from his mother being broke to him developing Africa with many houses and apartments.

Nana Kwame Bediako also known as Cheddar and now called Freedom Jacob Caesar (FJC) is also 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 successful developers in the Ghanaian real estate sector.

The real estate developer who self-graduated from chief executive officer to industrialist shared his success story at the 5th Ghana CEO Summit.

According to Nana Kwame Bediako, he had the vision to be a builder and commenced from a very small scale where he built two houses on one plot.

He then developed a principle called maximization. Explaining what it means, he said he is not a real estate developer but he maximizes the use of land and spaces.

Building two houses on one plot through the principle of ‘maximization’, Cheddar revealed it opened his mindset for business and for nations.

Out of the two houses on one plot, thinking differently and using the ‘maximization’ mindset, Nana Kwame Bediako has the following magnificent projects under his company name, Kwarleyz Group.

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The Kwarleyz Group Brands

Kwarleyz Group has five subsidiaries, namely; Petronia City Development, Wonda World Estate, Belfast City Management, New Africa Construction, and New Africa Foundation.

Homes and Apartments owned by Nana Kwame Bediako in Ghana and abroad

Through the same principle, ‘maximization’, these are the houses that came after the one plot with two houses concept; a 40-apartment residence called “Kwarleyz Residence” at Airport Residential Area in Accra, a 108 apartment called “Number One Oxford Street” at the Osu Oxford Street, Belgravia at Accra Residential Airport, a 130 apartment called “Bel Air Crest” at Cantonments and Avenue Lincoln at North Ridge,

Cheddar’s ongoing projects include; Number Two Oxford Street at Osu Oxford Street, Ritz Carlton at Labadi Beach, an apartment for medical tourism and offices called Double W, a charity project for proving homes for graduates called Graduators and JW Marriott, and some mind-blowing projects in Los Angeles.

Nana Kwame Bediako apartments and residence
Graduators
Nana Kwame Bediako apartments and residence
Belgravia
Nana Kwame Bediako apartments and residence
Bel Air Crest
Nana Kwame Bediako apartments and residence
Double W
Nana Kwame Bediako apartments and residence
JW Marriott
Nana Kwame Bediako apartments and residence
Kwarleyz Residence
Nana Kwame Bediako apartments and residence
Number One Oxford Street
Nana Kwame Bediako apartments and residence
Number Two Oxford Street
Nana Kwame Bediako apartments and residence
Ritz Carlton

In 20 years, Nana Kwame Bediako has built 700 homes from Ghana to other parts of the world in his motive and vision to develop Africa.

Nana Kwame Bediako has other apartments named after his wife (Ruby Bediako), four sons, brothers: S.K Bediako, Owusu, and other names dear to his heart.

The vision of the Kwarleyz Group

The Kwarleyz’s Residence is Ghana’s premium accommodation and residences, providing an alternative and sophisticated lifestyle experience to its visitors.

The inspiration behind Kwarleyz’s Residence is what you need to hear. Cheddar in an interview with Bola Ray on his Revealed With Bola Ray show and with Dentaa Amoateng had stated that his father is a rich man but did not pay attention to his mother who he described as a poor woman then.

He went to stay with his mother in her poverty and started selling metal scraps from which he made his money and started this whole development project we see today.

Freedom Jacob Caesar said he did everything possible to turn his mother’s poverty (curse) into a gift and that resulted in the birth of Kwarleyz Residence.

As a special dedication, Kwarleyz Group was named in honor of the founder’s mother, Madame Elizabeth Adjei, affectionately called Auntie Kwarley due to her resilience, affection, and passion.

The Kwarleyz Group’s vision for New Africa is being realized through its inter-dependent specialty companies which focus on the ambitious development and construction of the residential, commercial, and industrial real estate, infrastructure, smart cities, financial investment, and property management in West Africa.

The Journey of Petronia City Development

After honoring his mother with Kwarleyz Residence, Freedom Jacob Caesar (FJC) turned his attention to building his continent, Africa, where he started from a small part of his community.

The philanthropist and industrialist disclosed that building a house just to be on his lips that he is wealthy is not his dream, but he has the vision to develop cities.

“My dream is not to be extremely successful or find all these riches from development, my dream is to develop nations and to impact societies”, Nana Kwame Bediako stated.

According to the CEO of Kwarleyz Group, Petronia, a subsidiary of his brands came about in his motive to use developments to close his country’s deficit.

Explaining further, Cheddar outlined the fact that although the economy of Ghana is bad, there is a huge gap to bridge so that the majority of Ghanaians can afford his houses.

Cheddar’s vision is to reduce poverty in Ghana and Africa as a whole and to increase 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.

Wonda World

Wonda World is a development leader in pioneering city planning and urban development in West Africa. They focus on being agile with developments choosing to focus on the ultimate needs of their clients, whether they be government, corporate entities, modern families, luxury enthusiasts, or jet-setting business executives who require the feeling of home in every city he/she lands. Multi-use, multi-purpose, and multi-income are the categories that define the Wonda World ethos.

Nana Kwame Bediako biography

The philanthropist grew up in Kumasi Ghana. Nana Kwame Bediako’s age is 42 as of 2022. He states that his mother was poor but his father was rich. This situation is what honed his entrepreneurial skills, and he distinctly remembers his first business venture. Nana Kwame Bediako’s father gave him and his brother some money and told them to use it to help their mom.

While Bediako’s brother bought bread and eggs, the entrepreneur decided to buy two hens and started a poultry business. His business grew, and he was soon selling 200 eggs a month.

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Educational background

Bediako got his education at Accra Academy, Apam secondary school, and moved to London to attend Waltham Forest College. It was at this point that he started putting his entrepreneurial skills to better use.

While he was in university, Bediako started making money by selling clothes that he got from a friend. Within no time, everyone at school bought clothes from him. He used this money wisely and managed to buy his first car at 16. It was through this car that he got his next idea.

His car was clamped several times, and by the third time, Bediako was frustrated. He took the clamp with him, and a friend offered to buy it. He got the idea to sell scrap metal. He did this by buying scrap metal and then reselling them. After this eureka moment, Bediako dropped out of school since he felt there was nothing more for him to learn there.

Nana Kwame Bediako’s career

Bediako quickly moved from the scrap metal business into telecommunication. He created a company that billed people whenever they used the internet, which was starting to gain popularity. The company was named Global Telecommunications and Utilities (GTU), and quickly gained users. Due to its popularity, an investor approached him and bought the company for £410,000. After that, he moved to Africa.

While in Africa, Bediako started his rise into the big tycoon that he is today. He began his real estate empire, which has grown into what it is today and is still gaining momentum. Bediako states that his main aim is to transform Accra’s skyline into a thing of beauty. He has also said that his success is mainly due to an inner voice that has steered him through his own life plus a lot of luck.

What is Nana Kwame Bediako net worth?

Nana Kwame Bediako aka Cheddar’s current net worth is estimated to be $4 billion. This proves that without a doubt, Nana Kwame Bediako is one of the richest young men in Ghana. He has been in the real estate business for over 21 years and has amassed all of his wealth through hard work and passion. The development of about 700 residential and rental units in the country can be credited to him.

Cars owned by Cheddar

Nana Kwame Bediako owns some of the luxurious cars in Ghana. He got the attention of the public when he bought Cristiano Ronaldo’s Lamborghini Aventador.

He also has a Rolls Royce, Honda Civic, Mercedes Maybach, Lamborghini Urus, a beautiful customized REZVANI TANK, and G-Wagon, just to mention a few.

Why the name Cheddar?

When Nana Kwame Bediako was young, he dreamt to become a successful man. In his hustle to make his first millions, he earned the name Cheddar. According to him, is a name that got him hungry for success. His friends started to call him by such name and since he was all about money, he made it part of him.

Why the name Freedom Jacob Caesar?

After toiling, and selling metal scraps to become successful (Cheddar), the millionaire stated that all that was left is to build the continent to set African countries from deficits and hence the name Freedom Jacob Caesar. Others also call him the Prince of Africa.

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Is Nana Kwame Bediako a billionaire?

In his interview with Bola Ray on his Revealed with Bola Ray show, Nana Kwame Bediako stated that he is not a billionaire. He noted that being a billionaire is something he wishes to be but not in riches but in the might of wealth. He added that he doesn’t want to be a billionaire because he has the money but because he wants to build the world. However, on google, he is believed to be worth $4 billion, Yen pegs his current fortune at $2 to $5 billion.

Nana Kwame Bediako and Mayweather’s friendship

Nana Kwame Bediako (aka ‘Freedom’) is the Ghanaian closest to heavyweight champion Floyd Mayweather.

As to how he first met and became friends with the pro boxer, he is yet to let the world hear.

A video of the mogul Floyd Mayweather touring his mansion in the States caused a great stir on the Internet.

Who is Nana Kwame Bediako’s father?

Nana Kwame Bediako’s father is a millionaire whose real identity has been kept a secret from the public to date.

Who is Nana Kwame Bediako’s mother and why was Kwarleyz residence named after her?

Nana Kwame Bediako and his mother, Madame Elizabeth Adjei

Cheddar’s mother is called Madame Elizabeth Adjei. He has revealed time and again that she was a penniless broke woman.

As a special dedication, Kwarleyz Group was named in honor of the founder’s mother, Madame Elizabeth Adjei, affectionately called Auntie Kwarley due to her resilience, affection, and passion.

Madame Elizabeth Adjei is a spiritualist (fetish priest) and she is the overly boss of Kwarleyz Group which comprises all his five brands.

What is Nana Kwame Bediako’s secret to wealth?

If you’re eager to know why Nana Kwame Bediako is wealthy, the only secret to his wealth is the act of paying tithe in church. According to him, he gives 10% of his earnings to God.

What are some of the Incredible things Nana Kwame Bediako has done?

Cheddar has bought a university for an institution for $350,000 to save thousands of people’s lives, especially the less privileged in Winneba.

In 2021, he showed his benevolence to humanity by donating a huge sum of money towards a surgical procedure to separate conjoined twins at the Greater Accra Regional Hospital. Not only that, but he also donated a 5-bedroom house.

Businessman Nana Kwame Bediako alias Cheddar came to the aid of the needy and some persons with disabilities in Accra ahead of the partial lockdown in 2020.

Nana Kwame Bediako’s wife and children

Nana Kwame Bediako, his wife, and children

Nana Kwame Bediako got married to a beautiful wife called Ruby Bediako when he was 23. The couple is blessed with four sons. The names of the two are Goddy Bediako and Lincoln Bediako.

Cheddar’s son, Godly Bediako became the talk of the town when a video from his prom night caused a massive stir online. Goddy was featured prominently in the 2022 prom of Ghana International School (GIS) in Accra. He flaunted his father’s wealth; including his Richard Mille, and his dad’s Rolls Royce.

In an interview after the celebration, Goddy together with a few of his rich friends revealed that persons who are worried about flaunting the wealth of their parents are frustrated by the e-levy.

The boys said this in an interview with a young video blogger. They opined that they see nothing wrong with flaunting their parent’s possessions because, according to them, the properties were acquired through hard work.

It’s our parents’ money, they have worked hard for it, so they can decide what to do with it.”

Who are Nana Kwame Bediako’s brothers?

The names of Nana Kwame Bediako’s brothers are S.K Bediako, Owusu Bediako, and Kwaku Bediako. Kwaku Bediako is the Founder and Group Executive Chairman of the CH Group of Companies. With over 25 years of experience in International Business, he leads the Group with the objective of ensuring the overall success of its diverse subsidiaries and growing the Group’s portfolio.

Unlike Cheddar, his older brother Kwame Bediako is very private. The last time the media got to hear of him was when Cheddar held a birthday party to celebrate his 50 years milestone. The star-studded event saw the Bediako family together with both local and international celebrities, and pu in attendance.

Nana Kwame Bediako social media accounts

Follow Nana Kwame Bediako on the below social media handles

Instagram

Twitter

Facebook

Below are pictures of Nana Kwame Bediako and world celebs and businesses moguls:

Cheddar with Naomi
Cheddar with Mary J. Blige
Cheddar and Jack Ma
Cheddar with Aliko Dangote

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