Richard Jonah, the son of business magnate Sir Sam Jonah, has died in London on a business trip at the age of 38, myjoyonline.com has reported.
According to the report, Richard, an entrepreneur, died suddenly in his hotel room on Saturday, February 22, 2014 in what family sources suspect to be a cardiac arrest.
Richard was reportedly the co-founder and the executive director of Jonah Capital with mining interest in some Southern African countries like DR Congo.
His death comes on the back of the unexpected demise of another rising star of Ghana, Komla Dumor who died in London on January 18 and was buried only yesterday.
Richard Jonah, the report added, also founded Mobus Property Holdings Limited, a privately-held Ghanaian property investment, development and management company focus on commercial and residential property development.
Richard Jonah was an entrepreneur with over ten years of professional experience, primarily in private equity and investment management in Africa.
He served on the boards of many private and AIM and JSE listed companies in a variety of sectors from IT, financial services, green and brown field mining projects.
Richard was a co-founder and executive director of Jonah Capital. He co-founded Jonah Capital in 2003 as a Pan African Investment Company to invest across Africa in key sectors that include mining, financial services, agro processing, infrastructure and recently founded Mobus Property Developments, a Ghanaian commercial and residential property development company.
Richard was born in the mining town of Obuasi, Ghana and worked and traveled extensively across Africa. He was educated in Ghana, the United Kingdom and America. After graduating from Haverford in Philadelphia, he joined Goldman Sachs on Wall Street as an analyst in their fixed income division.
He then joined the African investment banking team of N.M. Rothschild in London, where he focused on investment opportunities in the resource sector in Africa before settling in Johannesburg, South Africa in 2002.
Richard received a Bachelors in Economics from Haverford College, Philadelphia; an MBA from Gordon Institute of Business Science, University of Pretoria. Richard has a diverse sector experience of working across Africa and has an extensive network of business and political contacts on the continent.
Richard served on the Boards of Jonah Capital, Metropolitan Insurance Ghana, Jonah Mining Zambia, Mobus Property Holdings and Cape Concentrate.