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Mohammed Hussein Al Amoudi | |
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Muhammad Husseen Al Amuudii محمد حسين العمودي | |
Born | 1946 (age 77–78) |
Nationality | |
Occupations |
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Title | Owner and manager of Corral Petroleum Holdings and MIDROC |
Spouse | Sofia Saleh Al Amoudi |
Children | 8 |
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]