March 17, 2005
No1 in Ethiopia - No 243 in the world
Thanks to Nazret.com's EthioBlog for pointing to this entry on Ethiopia's richest man in Forbes's annual listing of the world's richest people. Mohammed Al Amoudi came in 243rd place.
Mohammed Al AmoudiSource: oil
Net Worth: $2.5 bil up
Country of citizenship: Saudi Arabia
Residence: Jeddah, Saudi Arabia
Industry: Oil/Gas
Marital Status: marriedBorn in Ethiopia and now a Saudi citizen, Al Amoudi made his fortune in construction and real estate before expanding into oil refineries in Sweden and Morocco. Now he's plowing refinery profits into his native Ethiopia buying assets and bankrolling the national soccer team. His Sheraton Addis Ababa Hotel, which hosted U2 front man Bono when he toured Africa, faces new competition from Saudi Arabia's richest man, Prince Alwaleed Bin Talal, who is negotiating to buy the once-grand Ghion Hotel, built by the late Ethiopian emperor Haile Selassie.
Posted by aheavens at March 17, 2005 4:26 AM
Comments
Hello I just want to say that I am your long lost niece from Welo, Ethiopia. I'm trying to go to university next year (2005)so please, please, and please I am begging you to donate some money because I am really trying to go to university.
Thank you and I love you
Posted by: Emebet Abayneh at June 7, 2005 9:37 PM
Mashallah!!!!I think whenever anyone is blessed with such wealth, he should also be happy!!!!May Allah bestow u with more needs, if u have one or two.......
Posted by: abu at December 28, 2005 7:24 PM
hi I am happy that Ethiopia have one the most greatest businessman like your self, i always want to be like you helping the poor people and be the best in business, what advice would you give me please I am waiting for the best advice you can give me,,and let God be with you
you are the best,,,,
Posted by: YONAS GEBREHIWOT at February 16, 2006 2:17 PM