Top 10 Richest People in Guyana in 2026: Wealthiest Businesspeople and Families
Who are the richest people in Guyana in 2026? Guyana’s extraordinary economic growth has created new business opportunities and increased interest in the country’s wealthiest entrepreneurs, investors and business families.
However, there is an important problem with many lists of the richest people in Guyana: exact personal net worth figures are rarely publicly available. Most of Guyana’s largest businesses are privately owned, making it difficult to calculate the owners’ wealth with the precision possible for billionaires who own publicly traded shares.
For that reason, TopMost10 has rebuilt this ranking for 2026 using documented company ownership, scale of business operations, major investments, significant assets and credible public information. Where a person’s current net worth cannot be independently verified, we say so rather than publishing an unsupported dollar figure.
Editorial note: This is an independent TopMost10 ranking, not an official Forbes rich list. Inclusion does not mean that a person’s private wealth has been audited or publicly confirmed.
How We Ranked the Richest People in Guyana
Our 2026 methodology considers the size and diversity of businesses associated with each individual or family, documented ownership interests, major investments and other publicly available evidence of substantial wealth.
We also distinguish between company value, company revenue and personal net worth. Owning or managing a large company does not mean the company’s entire value belongs personally to its chairman or chief executive.
This distinction is particularly important in Guyana, where many leading companies remain privately held and do not disclose enough information to calculate the personal fortunes of their owners.
10. Dennis Beepat and the Beepat Family
Primary source of wealth: Distribution, retail and consumer products
Business: Beepats
Estimated net worth: Not publicly disclosed
The Beepat family has been involved in Guyanese business for more than seven decades.
The company’s history dates to 1953, when Madho Beepat started a small operation in La Penitence Market. His son, Dennis Beepat, subsequently expanded the business from basic wholesaling into corporate distribution and marketing.
Today, Dennis Beepat and his sons Jonathan and Kristofer remain at the executive level of the family business.
Beepats has built a substantial distribution operation around consumer products and international brands, making the family an established name in Guyana’s private sector.
There is no reliable public valuation of the family’s personal assets, so TopMost10 does not assign Dennis Beepat an exact net worth.
9. Ragindra Persaud and the Nand Persaud Family
Primary source of wealth: Agriculture, rice, manufacturing and investments
Business: Nand Persaud Group of Companies
Estimated net worth: Not publicly disclosed
Ragindra Persaud is one of the businessmen behind the Nand Persaud Group, a diversified Guyanese group with deep roots in agriculture.
His business career began with investments in rice cultivation in the 1980s. He later co-founded Nand Persaud & Company Limited, widely associated with the Karibee Rice brand.
The family’s business interests expanded well beyond rice. The group has developed operations involving agricultural machinery, packaging, data processing, renewable energy, construction-related investment and other activities.
Recent expansion has also taken the group further into construction and heavy equipment as Guyana’s infrastructure sector grows.
The scale and diversity of these operations make the Persaud family an important part of Guyana’s private business establishment, although its personal wealth is not publicly disclosed.
8. Komal Samaroo
Primary association: Beverages and manufacturing
Company: Demerara Distillers Limited
Personal net worth: Not publicly established
Komal Samaroo is one of the most prominent corporate leaders in Guyana and serves as Executive Chairman of Demerara Distillers Limited, the company behind internationally recognised brands such as El Dorado Rum.
Demerara Distillers is particularly useful when discussing Guyanese business because, unlike many private companies, it publishes audited financial reports.
For 2025, the DDL Group reported turnover of approximately G$33.4 billion and profit before tax of approximately G$8.5 billion.
Those figures demonstrate the scale of the company, but they should not be confused with Samaroo’s personal fortune. DDL is a corporate entity with shareholders, and being its chairman does not make its entire value personal wealth.
We therefore include Samaroo because of his position within one of Guyana’s major corporations while declining to invent a personal net worth figure.
7. Clifford Reis
Primary association: Beverages, food and hospitality
Company: Banks DIH Limited
Personal net worth: Not publicly established
Clifford Reis is Chairman and Managing Director of Banks DIH Limited, another of Guyana’s best-known corporate groups.
Banks DIH operates across beverages, food and hospitality-related businesses and continues to expand its operations in Guyana.
In 2026, the company expanded its Demico Qik Serv restaurant network with a seventh location, while Reis remained Chairman and Managing Director.
As with other executives of publicly held companies, however, corporate scale cannot simply be converted into Reis’s personal net worth.
Without sufficient information about his complete personal shareholdings, investments, liabilities and other assets, an exact 2026 fortune would be speculative.
6. The Toolsie Persaud Business Family
Primary source of wealth: Construction materials, quarrying, forestry and manufacturing
Business: Toolsie Persaud Limited and Group of Companies
Family wealth: Not publicly disclosed
The Toolsie Persaud business group represents one of Guyana’s longstanding private industrial fortunes.
Its operations span quarrying, forestry, sawmilling, concrete production, manufacturing, hardware distribution and marine transportation.
In 2026, Toolsie Persaud Limited continued to be described as one of Guyana’s leading privately owned manufacturing and construction-materials groups.
That diversified industrial base makes the family relevant to any serious discussion of major Guyanese private wealth.
However, because the businesses are privately held and detailed ownership valuations are not publicly available, assigning a precise family net worth would be misleading.
5. The Gafoor Family
Primary source of wealth: Building materials, manufacturing and distribution
Business: Gafoors
Family net worth: Not publicly disclosed
The Gafoor name has long been associated with Guyana’s construction-materials and manufacturing sectors.
The family business developed into a major supplier serving Guyana’s construction market, giving the Gafoors an important position in the country’s private-sector history.
Guyana’s rapid infrastructure and real-estate expansion has made construction materials an increasingly important sector of the economy.
Despite the scale of the family’s business interests, there is no sufficiently transparent public financial record that allows TopMost10 to calculate a reliable 2026 personal or family net worth.
Older online rankings sometimes attach precise dollar figures to the Gafoor family, but we have not found enough reliable evidence to repeat those figures as fact.
4. The Beharry Family
Primary source of wealth: Diversified business interests
Business: Edward B. Beharry & Company / Beharry Group
Family net worth: Not publicly disclosed
The Beharry family is associated with one of Guyana’s longstanding business groups.
Over generations, the Beharry name has been connected with commercial activities spanning consumer products and other investments, establishing the family as part of Guyana’s traditional private-sector elite.
The family’s longevity and diversified business interests justify inclusion in a discussion of Guyana’s largest private fortunes.
But longevity and corporate prominence do not give us a reliable personal net worth calculation. The group’s private ownership structure means there is insufficient public information to assign the family an exact dollar fortune in 2026.
3. Azruddin Mohamed
Primary source of wealth: Gold trading, foreign exchange, real estate and other business interests
Associated businesses: Mohamed’s Enterprise and Team Mohamed’s
Current net worth: Not reliably verifiable
Azruddin Mohamed is one of Guyana’s most publicly visible wealthy figures.
The U.S. Department of the Treasury has described Nazar Mohamed and his son Azruddin as members of one of Guyana’s wealthiest families. Mohamed’s Enterprise grew into one of Guyana’s largest gold exporters, while the family has also been associated with foreign exchange operations, real estate and high-value assets.
However, Azruddin’s current financial position requires substantial context.
In June 2024, the U.S. Treasury’s Office of Foreign Assets Control imposed sanctions on Azruddin Mohamed, Nazar Mohamed, Mohamed’s Enterprise and associated entities under the Global Magnitsky sanctions programme.
U.S. authorities alleged that Mohamed’s Enterprise under-declared gold exports between 2019 and 2023 and avoided more than US$50 million in duty taxes. The sanctions resulted in property and interests in property under U.S. jurisdiction being blocked.
In 2025, Nazar and Azruddin Mohamed were also indicted in the United States on criminal charges. They have contested the allegations and extradition proceedings. In July 2026, the Caribbean Court of Justice dismissed their appeal challenging the authority for the extradition process to proceed.
The criminal allegations are accusations, not convictions, and the Mohameds have denied wrongdoing.
These developments make old online estimates of Azruddin’s net worth particularly unreliable. His family’s documented business scale supports inclusion in this ranking, but we do not assign him an exact current fortune.
2. Nazar Mohamed
Primary source of wealth: Gold, foreign exchange, property and business investments
Business: Mohamed’s Enterprise
Current net worth: Not reliably verifiable
Nazar Mohamed founded Mohamed’s Enterprise and built one of Guyana’s most prominent gold-trading businesses.
The U.S. Treasury states that the business began with Nazar’s activities as a moneychanger before expanding into gold trading and becoming one of Guyana’s largest gold exporters.
Public reporting connected with the subsequent U.S. criminal case has identified Nazar as holding the dominant ownership interest in Mohamed’s Enterprise, with his son Azruddin holding a smaller stake.
This provides much stronger evidence of substantial business ownership than the unsupported net-worth figures that previously circulated online.
But Nazar Mohamed is subject to the same U.S. sanctions and ongoing extradition proceedings described above. Those circumstances make it impossible to responsibly claim that an old estimate such as US$1.5 billion represents his current accessible net worth.
For that reason, TopMost10 identifies Nazar Mohamed as one of Guyana’s wealthiest documented private businessmen while listing his precise 2026 net worth as not reliably verifiable.
1. Guyana’s Richest Person Cannot Currently Be Verified
After reviewing the available evidence, TopMost10 cannot responsibly declare any individual the undisputed richest person in Guyana in 2026.
The Mohamed family is explicitly described by the U.S. Treasury as one of Guyana’s wealthiest families, and its gold, foreign-exchange and property interests provide unusually strong evidence of substantial wealth.
But sanctions, ongoing legal proceedings and the lack of audited personal financial statements make an exact current valuation difficult.
At the same time, other major Guyanese business families control significant privately held interests without publishing enough information to calculate their personal fortunes.
Therefore, rather than inventing a billionaire figure simply to produce a dramatic number one, our conclusion is that Guyana does not currently have a publicly verifiable Forbes-style richest-person ranking.
Top 10 Richest People and Business Families in Guyana: Summary
| Rank | Person / Family | Main Business Interests | 2026 Net Worth |
|---|---|---|---|
| 10 | Dennis Beepat / Beepat family | Distribution and consumer products | Not publicly disclosed |
| 9 | Ragindra Persaud / Nand Persaud family | Agriculture, rice, manufacturing | Not publicly disclosed |
| 8 | Komal Samaroo | Demerara Distillers | Not publicly established |
| 7 | Clifford Reis | Banks DIH | Not publicly established |
| 6 | Toolsie Persaud business family | Construction, quarrying, manufacturing | Not publicly disclosed |
| 5 | Gafoor family | Building materials and manufacturing | Not publicly disclosed |
| 4 | Beharry family | Diversified businesses | Not publicly disclosed |
| 3 | Azruddin Mohamed | Gold, forex, property | Not reliably verifiable |
| 2 | Nazar Mohamed | Gold, forex, property | Not reliably verifiable |
| 1 | Not publicly determinable | Private business wealth | No reliable public ranking |
Editorial note: This ranking evaluates documented business scale and publicly available evidence. It should not be interpreted as an audited statement of personal wealth. Rankings may change when reliable ownership or financial information becomes available.
Related:
Who Is the Richest Person in Guyana in 2026?
There is no reliable public financial database that can conclusively identify the richest person in Guyana in 2026.
Nazar and Azruddin Mohamed belong to a family that the U.S. Treasury has explicitly described as one of Guyana’s wealthiest. However, their current net worth cannot be reliably calculated because of private ownership structures, U.S. sanctions and ongoing legal proceedings.
Are There Any Billionaires in Guyana?
TopMost10 has not found sufficient reliable evidence to identify a Guyanese individual as a currently verified U.S.-dollar billionaire.
Older websites have attributed billion-dollar fortunes to Guyanese businessmen, but a precise-looking figure is not evidence by itself. A credible billionaire valuation normally requires sufficient information about ownership percentages, company valuations, investments, debts and other assets and liabilities.
Is Nazar Mohamed the Richest Man in Guyana?
Nazar Mohamed is clearly associated with substantial wealth and one of Guyana’s most significant private business families. However, there is not enough transparent financial information to prove that he is definitively Guyana’s richest man or to verify the large net-worth figures previously attributed to him online.
What Happened to Nazar and Azruddin Mohamed?
The U.S. Treasury sanctioned Nazar Mohamed, Azruddin Mohamed and associated businesses in June 2024. U.S. authorities subsequently sought their extradition following a criminal indictment.
In July 2026, the Caribbean Court of Justice dismissed an appeal challenging the validity of the authority allowing the extradition proceedings to continue.
The criminal case remains subject to the judicial process. The allegations should therefore not be described as criminal convictions.
How Has Guyana’s Oil Boom Affected Wealth?
Guyana’s rapidly expanding oil economy has created major opportunities in construction, logistics, property, services, agriculture, equipment and other industries.
That does not mean oil wealth automatically belongs to Guyana’s existing business families. But the broader economic expansion has increased the value and opportunities available to companies serving the country’s infrastructure and growing private sector.
Why Are Guyanese Net Worth Figures Difficult to Verify?
Many large Guyanese companies are privately owned. Private companies generally disclose much less financial and ownership information than publicly traded corporations.
A proper personal net-worth calculation requires more than knowing that somebody owns a successful company. It requires knowing the person’s ownership percentage, the company’s value, debts, personal investments, real estate and other assets and liabilities.
Without those numbers, exact estimates should be treated cautiously.
Frequently Asked Questions
Who is the richest man in Guyana?
There is currently no independently verified ranking that proves who Guyana’s richest man is. Nazar Mohamed and Azruddin Mohamed are members of a family officially described by the U.S. Treasury as one of Guyana’s wealthiest, but their exact current wealth is not publicly verifiable.
Who are some of the wealthiest families in Guyana?
Prominent Guyanese business families include the Mohameds, Beharrys, Gafoors, Persauds and Beepats. Their businesses operate across sectors including gold, agriculture, manufacturing, construction, distribution and consumer products.
Is Azruddin Mohamed a billionaire?
There is insufficient reliable public financial evidence to describe Azruddin Mohamed as a confirmed U.S.-dollar billionaire. His family has substantial documented business interests, but that is different from having a verified personal net worth exceeding US$1 billion.
Is this a Forbes ranking?
No. This is an independent TopMost10 editorial ranking based on publicly available business and financial information. Forbes does not currently publish a definitive annual list of the ten richest Guyanese individuals with verified personal net worths.
Why doesn’t this list give a net worth for everyone?
Because publishing an unsupported number would create false precision. Where reliable ownership and valuation information is unavailable, TopMost10 labels the fortune as undisclosed or unverifiable rather than presenting speculation as fact.
Conclusion
The search for the richest people in Guyana in 2026 reveals an important reality: Guyana has several powerful entrepreneurs and longstanding business families, but very few have transparent personal financial information.
The Mohamed family has some of the strongest public evidence of substantial private wealth, while families such as the Beharrys, Gafoors, Persauds and Beepats have longstanding business interests across the Guyanese economy.
As Guyana’s economy continues to expand, new fortunes are also likely to emerge from construction, logistics, agriculture, services, real estate and industries connected to the country’s oil-driven growth.
TopMost10 will continue updating this ranking when credible new financial and ownership information becomes available.
