Bills Credit Founder Richard Armah Quaye Recounts How He Made His First Million Dollars at Age 27

Bills Credit Founder Richard Armah Quaye Recounts How He Made His First Million Dollars at Age 27

  • A video of Richard Nii Armah Quaye recounting how he became a wealthy businessman has sparked reactions online
  • In an interview with broadcaster Bola Ray, the founder of Quick Angels and Bills Microcredit said he made his first million dollars at the age of 27
  • He further explained the genesis of his entrepreneurship journey, where he worked as a local gin seller in Accra and a Kitchen porter abroad

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Richard Nii Armah Quaye, founder of Bills Microcredit, has shared his success story and how he made his money.

Speaking to renowned Ghanaian media personality, Bola Ray, the Bills Microcredit owner disclosed that he made his first million dollars at age 27.

Richard Nii Armah Quaye. Bill Microcredit, Quick Angels, first million dollars, Ghanaian business mogul.
Bills Credit founder Richard Armah Quaye recounts how he made his first million dollars at age 27. Photo credit: Richard Nii Armah Quaye/Facebook.
Source: TikTok

Mr Quaye explained that he came from a humble beginning and worked hard to build a successful business empire.

"I was 27 years old when I made my first million dollars," he said.

He said he started selling local gin, known in Ghanaian parlance as Akpeteshie, at the age of 13 at Jame Town, a suburb of Accra.

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Even though it was illegal to sell gin at the age of 13, he said he had to do it regardless to survive and fend for himself.

Richard Nii Armah Quaye. Bill Microcredit, Quick Angels, first million dollars, Ghanaian business mogul.
Richard Armah Quaye recently acquired a private jet and a Bugatti to mark his 40th birthday. Photo credit: Richard Nii Armah Quaye/Facebook.
Source: Facebook
"Right after secondary school, I had to sell local gin in Accra, James Town. There is a place called Akoto Lante-Agbado," he said.

Richard Nii Armah Quaye noted that after hustling in Ghana for many years, he had an opportunity to relocate abroad, where he worked as a kitchen staff and washed 5,000 plates daily.

"I was a kitchen porter. I washed as many as about 5,000 dishes a day," he told Bola Ray.

The Bills Microcredit founder made these remarks in the interview ahead of his 40th birthday, which will fall on Friday, March 21, 2025.

Richard Nii Armah Quaye, who is the founder of Quick Angels, the mother company of Bills Microcredit, is set to hold what would arguably be the biggest birthday party in Ghana on Saturday, March 22, 2025, at the Independence Square.

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The Ghanaian business mogul recently acquired a Bugatti Chiron and a private jet to mark his 40th birthday.

Watch the video below:

Ghanaians react to Mr Quaye's interview

Some Ghanaians who chanced on Richard Nii Armah Quaye's interview with Bola Ray took to the comment section to react.

@Etsey Nyamadi said:

"You can use that money and create a business and employ your hometown youth to work for you…buying a jet and Bugatti is not a motivation no!!"

@Mensah Jnr also said:

"Selling Apeteshi and u paid ur fees and got money to pay visa fee and plane ticket bro ur story is not clear to me."

@Degraft commented:

"5,000 dishes? You don’t mean it, I was also a dishwasher but Abeg you can’t even do 1,000.Don’t exaggerate ooo. Be truthful to the youth please."

@don said

"My guy u have been quiet doing your thing and stacking up money why all of a sudden u want to share ur life out there?"

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Watch on TikTok

Richard Nii Armah Quaye advises Ghanaian universities

Earlier, YEN.com.gh reported that Richard Nii Armah Quaye called for a paradigm shift in Ghana's tertiary education, particularly in business schools.

He advised universities in the country to hire successful business people as lecturers to impart practical knowledge to their students.

His assertions sparked mixed reactions among a section of Ghanaians on social media.

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Proofreading by Samuel Gitonga, copy editor at YEN.com.gh.

Source: YEN.com.gh

Authors:
Salifu Bagulube Moro avatar

Salifu Bagulube Moro (Human-Interest Editor) Salifu Bagulube Moro is a Human Interest Editor at YEN.com.gh. He has over five years of experience in journalism. He graduated from the Ghana Institute of Journalism in 2018, where he obtained a Bachelor’s Degree in Communication Studies with a specialization in Journalism. Salifu previously worked with Opera News as a Content Management Systems (CMS) Editor. He also worked as an Online Reporter for the Ghanatalksbusiness.com news portal, as well as with the Graphic Communications Group Limited as a National Service Person. Salifu joined YEN.com.gh in 2024. Email: salifu.moro@yen.com.gh.

Samuel Gitonga avatar

Samuel Gitonga (Copy editor) Samuel Gitonga is a Copy Editor at YEN.com.gh. He holds a Bachelor of Broadcast Journalism Degree from the Multimedia University of Kenya. He has over 7 years’ experience in the digital journalism industry. He started out his career at the Kenya News Agency and proceeded to work for several reputable media outlets in Nairobi.