He has been investing in Ethiopia since the late 1980s. Origin of wealth: Telecommunications and oil production. His business activities concentrate on oil and diverse investments in Ethiopia, Morocco, Sweden and West Africa. Country of citizenship: Saudi Arabia. Saudi billionaire Mohammed al-Amoudi released from detention. The son of Saudi father and Ethiopian mother, Al Amoudi started investing in Sweden in the 1970s. Let's discover his Biography, Ne Mohammed Hussein Al Amoudi is Saudi Arabian/Ethiopian businessman and billionaire. Mohammed Al Amoudi estimated net worth is US $ 10 billion and he is ranked at No.1 in the list of top 10 richest people in Ethiopia as appeared in financial magazines such as Forbes and Bloomberg 2018. Mohammed Al Amoudi, son of a Saudi father and an Ethiopian mother, has accumulated a portfolio of construction, agriculture, and energy companies across … Amoudi, born in Ethiopia and a Saudi citizen, was once considered one of the world’s richest people, with a net worth of as much as $15bn, according to Forbes. Mohammed Hussein Al Amoudi is a globally successful international entrepreneur, businessman and philanthropist. your password Rank: 138. Mohammed Al Amoudi is the richest person in Ethiopia. As of 2011, his net worth has been estimated by Forbes at $12.3 billion, making him the 63rd richest person in … Aliko Dangote Net Worth. He was born in Ethiopia in 1946 to a Hadhrami father and an Ethiopian mother. Sheikh Mohammed Hussein Ali Al Amoudi (Ge'ez: ሞሓመድ አልአሙዲ, Arabic: محمد حسين العمودي; is a Saudi Arabian/Ethiopian businessman and billionaire who lives in Ethiopia and Riyadh, Saudi Arabia. The company was founded by Mohammed Hussein Ali Al-Amoudi and Safia Salah Al-Amoudi on February 13, 2006 and is headquartered in Addis Ababa, Ethiopia. There he attended the Addis Ababa University; his degree is uncertain, but he was eventually granted an honorary doctorate in Philosophy. Submit a correction suggestion and help us fix it! Readers should be wary of any other source that purports to provide information about him. Mohammed Hussein Al Amoudi Bio/Wiki, Net Worth, Married 2018 This listing also ranks him as the wealthiest man in Ethiopia as well as the next most affluent Saudi Arabian citizen on the planet. The businessman earned his fortune through construction, real estate, oil refineries and other business ventures. Sheikh Mohammed Hussein Ali Al Amoudi, $14.3 billion. He has shown a particular commitment to Saudi Arabia, to Africa and to Sweden. Al Amoudi’s construction organization consortium, Mohammed International Advancement Research and Organization Businesses, also referred to as MIDROC, won a agreement to build Saudi Arabia’s approximated $30 billion nationwide underground oil storage space complicated in 1988. Chairman Prior - 2018 Mohammed Al Amoudi Net Worth$ 10 billion. Mohammed Al-Amoudi made his first fortune in Saudi Arabian construction and real estate. The public is also cautioned to be mindful of the source of any email that purports to use the name of Sheikh Mohammed Al Amoudi or Mohammed Hussein Al Amoudi to solicit funds. © 2021 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved, Billionaire Mohammed Al Amoudi Went Missing For 400 Days, And His Business Boomed, The 10 Richest Black Billionaires In The World Right Now. Log into your account. Log into your account. Al Amoudi’s construction organization consortium, Mohammed International Advancement Research and Organization Businesses, also referred to as MIDROC, won a agreement to build Saudi Arabia’s approximated $30 billion nationwide underground oil storage space complicated in 1988. 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Mr. Al Amoudi, born in Ethiopia and a Saudi citizen, was once considered one of the world’s richest people, […] most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. Mohammed Al Amoudi, son of a Saudi father and an Ethiopian mother, has accumulated a portfolio of construction, agriculture, and energy companies across Sweden, Saudi Arabia and Ethiopia. Amoudi and his relatives are under great pressure,” Ahd Jadid said in his tweet. He surpassed Saudi-Ethiopian billionaire, Mohammed Hussein Al Amoudi by over $2.6 billion in net worth to be the world’s richest African. The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Mohammed Al-Amoudi Net Worth by breaking down the Mohammed Al Amoudi is the richest person in Ethiopia. Aliko surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world’s richest person of African descent. He has agricultural, construction and energy businesses in Sweden, Saudi Arabia and Ethiopia. Nicknames: Sheikh Mohammed Hussein Ali Al Amoudi, Mohammed Hussein Ali Al Amoudi, Mohammad Al Amoudi Net Worth: $8.3 Billion. As of March 2013, “Forbes” rated Al Amoudi as the next most affluent black person on the planet. Mohammed Al-Amoudi Net Worth controls 70% of Ethiopia's oil and produces 4 tons of gold each year. Al- Amoudi hit the jackpot with gold mining in Ethiopia as well the. To agriculture the Ritz Carlton since November 2017, is latest in a town called Woldia also the richest... Amoudi was born on 1947 in Jeddah, Saudi Arabia businessmen and government officials rounded up in late.! 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