Mohammed Al-Amoudi Net Worth

Net Worth: $8.35 Billion
  • Source of Wealth:

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

  • 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 $8.35 billion in May 2019. 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

Earnings 2011

Asset Sep. 2011
Value of his investment in two major Saudi industrial projects (Ras Al Khair and Jubail Industrial City)
Asset Mar. 2011
Value of the investment through Saudi Star Agricultural Development Plc in Ethiopian rice projects
Earnings 2011
Profit from MIDROC Ethiopia
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