Mohammed Hussein Al Amoudi

Mohammed Hussein Al Amoudi
Muhammad Husseen Al Amuudii
محمد حسين العمودي
Born1946 (age 77–78)
Nationality
Occupations
  • Businessman
  • investor
  • billionaire
TitleOwner and manager of Corral Petroleum Holdings and MIDROC
SpouseSofia Saleh Al Amoudi
Children8

Mohammed Hussein Ali Al Amoudi (Arabic: محمد حسين علي العمودي; born 1946) is an Ethiopian-born Saudi billionaire businessman.

Born in Ethiopia to a Yemeni father from Hadhramaut and Ethiopian mother from the province of Wollo, he migrated to Saudi Arabia with his brother Mauricet and becoming a Saudi citizen.

In 2016, his net worth was estimated by Forbes at approximately $10.billion and a relative fall in net value was linked to the global fall in oil and gold prices at the time of estimation.[1] He was also listed as Ethiopia's richest man, the second richest Saudi Arabian citizen in the world and the second richest person of African descent in the world.[2] Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden.[1]

  1. ^ a b "Forbes profile: Mohammed Al Amoudi". Forbes. Retrieved 16 February 2019.
  2. ^ Nsehe, Mfonobong (5 March 2013). "The Black Billionaires 2013". Forbes. Retrieved 24 March 2013.