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Mohammed Al-Amoudi Net Worth

Mohammed Al-Amoudi Net Worth

Net Worth: $9.64 Billion

  • 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
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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.

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

Earnings 2011 N/A
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

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

Show all earnings