While in Ghana, Otumfuo set up a $12M (Shs44.2B) company that provides mining equipment to several large industrial companies in Ghana called Transpomech. The King also owns an extensive real estate in Ghana and South Africa as well as a collection of valuable gold crown jewels as always seen all over him. He goes by the appellation, ‘OteKokoosuo Nana’ to mean ‘The King Who Sits On Gold’ and it is obvious money means nothing to him.He controls a large portion of the region and has a lot of chiefs who pay homage to him.His authority in the Ashanti Region has no bounds and he is highly respected and honored by his people. They even respect him more than the president of the country and there is no president in Ghana who can decide to send a message across to his people and not pass through him and will succeed. He holds a lot of power in the region and commands a lot of authority in the country. The Asantehene is Africa’s fifth richest king according to estimations by Forbes. The King is estimated to be worth $10M (Shs36.5B) and his source of wealth, according to Forbes, is from mining equipment, property and jewelry.