Ethiopian-Saudi billionaire businessman (born 1946)
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Sheikh
Mohammed Hussein Al Amoudi
Muhammad Husseen Al Amuudii محمد حسين العمودي
Born
1946
Dessie, Wollo Province, Ethiopian Empire
Nationality
Saudi
Ethiopian
Occupations
Businessman
investor
billionaire
Title
Owner and manager of Corral Petroleum Holdings and MIDROC
Spouse
Sofia Saleh Al Amoudi
Children
8
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Mohammed Hussein Ali Al Amoudi (Arabic: محمد حسين علي العمودي; born 1946) is an Ethiopian-born Saudi billionaire businessman.
Born in Ethiopia to a Yemeni father from Hadhramaut and Ethiopian mother in Amhara Region, he migrated to Saudi Arabia with his brother Mauricet and becoming a Saudi citizen.
In 2016, his net worth was estimated by Forbes at approximately $10.9 billion and a relative fall in net value was linked to the global fall in oil and gold prices at the time of estimation.[1] He was also listed as Ethiopia's richest man, the second richest Saudi Arabian citizen in the world and the second richest person of African descent in the world.[2] Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden.[1]
^ ab"Forbes profile: Mohammed Al Amoudi". Forbes. Retrieved 16 February 2019.
^Nsehe, Mfonobong (5 March 2013). "The Black Billionaires 2013". Forbes. Retrieved 24 March 2013.
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