Mohammed Al-Amoudi Net Worth

Net Worth: $8.33 Billion
Statistics
  • Source of Wealth:

    Construction, Oil, Other Business (Self-made)
  • Age:

    72
  • Birth Place:

    Dessie, Ethiopia
  • Marital Status:

    Married (Sofia Saleh Al Amoudi)
  • Full Name:

    Mohammed Hussein Ali Al Amoudi
  • Nationality:

    Saudi Arabia
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About Mohammed Hussein Ali Al Amoudi

Saudi Arabian/Ethiopian businessman and billionaire, Mohammed Al-Amoudi has an estimated net worth of $8.33 billion in January 2018. 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 ?
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Earnings 2012

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

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
Show all earnings