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Mohammed Al-Amoudi Net Worth

Mohammed Al-Amoudi Net Worth

Net Worth: $9.64 Billion

Statistics
  • Source of Wealth Construction, Oil, Other Business (Self-made)
  • Birth Place Dessie, Ethiopia
  • Marital Status Married (Sofia Saleh Al Amoudi)
  • Full Name Mohammed Hussein Ali Al Amoudi
  • Nationality Saudi Arabia
  • Date of Birth July 21,1946
  • Ethnicity Ethiopian, Yemeni
  • Occupation Businessman
  • Children 8
More StatsView More

About Mohammed Al-Amoudi

Saudi Arabian/Ethiopian businessman and billionaire, Mohammed Al-Amoudi has an estimated net worth of $9.64 billion in July 2017, according to Bloomberg. The son of Saudi father and Ethiopian mother, Al Amoudi started investing in Sweden in the 1970s. His construction company Midroc scored a contract to build Saudi Arabia’s nationwide underground oil storage complex in 1988; estimated $30 billion project solidified his fortune. Mohammed Al-Amoudi is the richest black person in the world. He has been investing in Ethiopia since the late 1980s.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Mohammed Al-Amoudi's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

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Choose Year
  • Earnings 2012
  • Earnings 2011
  • Earnings 1994
Earnings 2012 N/A
Asset 2012

Value of his investment in Ethiopia through his MIDROC Ethiopia Investment Group to be ploughed into agriculture, cement, steel, transport and hospitality

$3,400,000,000
Earnings 2011 N/A
Asset Sep. 2011

Value of his investment in two major Saudi industrial projects (Ras Al Khair and Jubail Industrial City)

$1,070,000,000
Asset Mar. 2011

Value of the investment through Saudi Star Agricultural Development Plc in Ethiopian rice projects

$2,500,000,000
Earnings 2011

Profit from MIDROC Ethiopia

$70,000,000
Earnings 1994 N/A
Asset 1994

Value of his acquisition in Sweden’s largest integrated energy company, OK Petroleum, which was subsequently renamed Preem Petroleum

$750,000,000
Show all earnings