Mohammed Al-Amoudi Net Worth

Net Worth: $10.9 Billion
Source of wealth:

Diversified (Oil, Construction)

Full Name Sheikh Mohammed Hussein Ali Al Amoudi
Birth Place Dessie, Ethiopia
Date of Birth Jul 21, 1946 (age 73)
Nationality Saudi, Ethiopian
Ethnicity Ethiopian, Saudi
Occupation Businessman
Marital Status Married (Sofia Saleh Al Amoudi)
Children 8
Last Updated
Aug 25, 2015

About Sheikh Mohammed Hussein Ali Al Amoudi

Mohammed-Al-Amoudi-Net-WorthEthiopian-Saudi Arabian businessman, Sheikh Mohammed Hussein Ali Al Amoudi has an estimated net worth of $14.7 billion, according to Forbes rich list. The son of Ethiopian mother and Saudi father.. He is known to be the second richest black person in the world with a net worth of $15.3 billion. He first made his fortune through his oil refineries, real estate and construction. He was born in Ethiopia; started his business in 1974. He also own oil refiners in Sweden.

He made his first money from construction in Saudi Arabia, and stil continues with new projects like King Saud University, medical complex and a new housing development in Saudi Arabia. His conglomerate companies, Corral Petroleum Holdings and MIDROC, employs over 40,000 workers. Since 1980s, he has been heavily investing in Ethiopia; including a gold mining through MIDROC Ethiopia. Also a philanthropist, he supports healthcare and sport in Saudi Arabia, the United States, Europe and Africa.