Richard Nii Armah Quaye Net Worth: How Rich Is Founder of Bills Micro Credit?

Richard Nii Armah Quaye is a Ghanaian entrepreneur and the founder of Bills Micro Credit (formerly Quick Credit), with an estimated net worth of $85 million as of 2025. Quaye is widely recognized for building one of Ghana’s most successful financial services companies and for his rags-to-riches story, which continues to inspire many across West Africa.

From humble beginnings selling local gin on the streets of James Town to owning a private jet and a Bugatti Chiron, Quaye’s story is one of grit, hustle, and business savvy. After saving enough to travel to the UK in his early 20s, Quaye embarked on a journey that would eventually see him return to Ghana to establish his financial empire.

What is Richard Nii Armah Quaye’s net worth in 2025?

As of 2025, Richard Nii Armah Quaye’s net worth is estimated at $85 million, thanks to his ownership of Bills Micro Credit, strategic investments, and his expanding business interests in Ghana and beyond.

His fortune has allowed him to enjoy the spoils of success. In 2025, just before his 40th birthday, Quaye made headlines by purchasing a Gulfstream G200 Galaxy private jet and a Bugatti Chiron, signaling just how far he’s come from his modest beginnings.

What does Richard Nii Armah Quaye do for a living?

Richard Nii Armah Quaye is a financial services entrepreneur and the CEO of Bills Micro Credit, a leading microfinance institution in Ghana.

Initially launched as Quick Credit, the firm has become one of the country’s most prominent providers of credit and financial products, especially for small businesses and individuals who are underserved by traditional banks.

In addition to running his company, Quaye is also involved in mentoring young entrepreneurs and occasionally speaks at business forums about his rise from hardship to millionaire status. Despite public criticism and social media skepticism, Quaye’s influence in Ghana’s business scene is undeniable.

Richard Nii Armah Quaye’s earnings explained

Quaye’s wealth is generated from several key streams:

• Microfinance services (Bills Micro Credit): The company provides financial solutions to individuals and small businesses, generating significant profits through loan services and micro-credit offerings.
• Business expansion & investments: Quaye has diversified into other industries, including real estate and logistics, further growing his wealth.
• Asset acquisitions: In 2025, Quaye expanded his portfolio to include high-value assets such as luxury vehicles and a private jet, signifying his financial growth.
• Public speaking and media appearances: While not a major source of income, Quaye occasionally shares his journey at business conferences and media interviews.

Quaye’s early journey — from the streets to seven figures

Quaye’s journey started in James Town, where he sold local gin to survive after finishing senior high school. By 22, he had saved enough to secure a visa to the UK, which marked the start of his exposure to global financial markets.

Returning to Ghana, he founded Quick Credit (now Bills Micro Credit), focusing on providing financial solutions to the unbanked and underserved populations. His relentless work ethic paid off by the time he was 27, when he made his first $1 million. Since then, his trajectory has only been upward.

Inside the buzz — social media reacts

Following his high-profile purchases and public comments about hitting millionaire status by age 27, Quaye became the subject of mixed reactions online. While some praised his achievements, others expressed skepticism and humor:

• “Stop granting interviews and chop ur money one day u will blame yourself for public ridicule.”
• “If I get money ehh. Ago talk say I made my first $1 million from selling chewing sticks.”

Regardless of the banter, Quaye’s business record speaks for itself.

Richard Nii Armah Quaye’s 40th birthday celebration

Quaye’s 40th birthday, set to take place on March 21, 2025, has been the talk of social media, with A-list African celebrities, including Nigerian superstar Davido, expected to attend. The event is anticipated to be a grand display of wealth and status, further cementing Quaye’s position as one of Ghana’s most influential businessmen.